#Samsung will secure more market share than its rivals in the expanding Internet of Things ( #IoT ) market by increasing its competence in semiconductors, a senior executive has said.
The company will also add value by providing more complete solutions needed for the IoT, especially security and the cloud.
Byung-se So, EVP, Samsung Strategy and Innovation Center, said during a company investors forum in Seoul that IoT will lead the semiconductor market going forward and talked up the firm's ARTIK module.
Samsung commercially launched the module in February this year. Itintroduced the ARTIK Cloud in April, adding cloud support for customers.
The world's semiconductor market is growing 7 percent per year while IoT will account for 25 percent, the company said. Samsung intends to secure 53 percent of the IoT hardware market by the year 2020 by putting its chip in 6.6 billion devices in smart home, smart building, distribution, healthcare, and transportation, it added.
http://www.zdnet.com/article/samsung-says-iot-will-drive-semiconductor-sales/
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