Samsung is not leaving innovation behind and now has announced its plans to build robot for educational and industrial usage.
Samsung Electronics Corp. never stays behind when it comes to giving its customers with the most advanced technology. It is now another step forward toward innovation by building robots for educational and industrial purposes. The South Korean tech giant made an announcement on Monday regarding its plans of developing robots.
The Galaxy maker has already hired people who will play a part in the construction of these robots; these employees are form the telecommunications departments of the company who will help make this new plan turn into reality. Samsung does not hesitate to give its customers with smart technology; it recently showcased smart shoes build for athletes and coaches. The tech giant also opened a platform for Internet of Things and it believes that drones and robots are considered as the top two products that make up IoT.
Samsung is already known for the mobile phones it builds, and is known for building the best display screen and semiconductors. The tech company faces tough competition in terms of its products from many Chinese organizations, hence is has made a decision to start another business where the competition is not as tough for now. The chairman of the company, Oh-Hyun Kwon informed the shareholders that the business is seeking to switch to another platform and build something new and reach the market of B2B and content service to generate more profit.
Samsung is switching from business to consumers to business to business now, as an effort to generate more profit and avoid competition. No details regarding what kind of robots will be built and witnessed have been revealed by the tech organization. One thing is known that the company has plans to develop smart things tech for the introduction of IoT. The robots that will be built might be used in the industry, health treatment, educational purposes and many other uses.
The South Korean organization announced on October 15th that the government will work in with the company to help in the construction of robots and grow the business. $16.75 billion of investments is going to be used for the development of parts for the robot in South Korea. The local partners of the company are going to benefit immensely form this and the stock can be expected to rise in the future. The electronics business is pushing all boundaries and is not scared to take risks and build new products and make new additions to its portfolio. Robots will be seen in the future having the name of Samsung on them, in universities and even hospitals.
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