BUSINESS

IoT will drive growth of chip market: Samsung

By Kim Young-won
  • Published : Jun 20, 2016 - 17:43
  • Updated : Jun 20, 2016 - 17:46
[THE INVESTOR] A top Samsung Electronics executive said that the Internet of Things market will serve as a driving force behind the company’s semiconductor business.

Participating in an investor relations conference held at Conrad Seoul on June 20, Samsung’s chief technology officer So byung-se said “IoT will become a locomotive of the semiconductor business.”
“Developers should tailor system-on-chips made by other chipmakers on their own, but the ARTIK platform gets rid of such nuisance,” the CTO said.

“The ARTIK platform can be deployed right away (for the IoT technology) without tailoring it.”

The platform is a small IoT module that combines application processors, memory and communications chips, and sensors. It is also fitted with an extensive array of technologies, including application programming interfaces for cloud, and storage and security solutions among many.

CTO So emphasized the importance of cloud services as they would play a core role in enabling a myriad of devices to exchange data real-time.

(wone0102@heraldcorp.com)