Samsung Buys US Luxury Home Appliance Maker Dacor in IoT Push

11 August 2016

Samsung Electronics said Thursday it had acquired US luxury appliance maker Dacor, as part of its push towards a full production line of high-end, Internet-connected homeware.
The purchase of the California-based company is the latest in a series of acquisitions by the South Korean electronics giant in recent years - including that of US home automation startup SmartThings in 2014.
A Samsung statement gave no details on the value of the deal to acquire Dacor, whose products include stovetops, ovens, ranges and refrigerators.
Samsung - the world's top smartphone maker - is also a leading home appliance manufacturer, producing refrigerators, washers and air conditioners.
It has been on a something of a buying spree in the United States, snapping up a handful of firms including cloud computing start-up Joyent in June.
Samsung has been searching for ways to bolster profits beyond its key smartphone business as growth in the global handset market continues to slow.

It has rolled out a growing number of wireless devices or Internet-enabled home appliances in a move towards the nascent market for the Internet of Things, in which household appliances and electronic devices are all inter-connected

Comments

Hello Moto: A Look Back at Six Classic Moto Phones

12 December 2016 HIGHLIGHTS Motorola was the first company to ship a cellphone Its biggest hit was the Moto RAZR V3 Today, Motorola is a part of Chinese electronics giant Lenovo Recently, we relived the past with Nokia’s most memorable phones of all time. Although there may be a lot of fanboys and fangirls of the Finnish brand, many have equally strong feelings for the daddy of all mobile phone brands - Motorola. Its name will forever be etched in history as the first company to sell a mobile phone - the DyanTAC 8000X - in 1983. Since then, Motorola has been an easily identifiable brand to almost everybody in the world. Its designs were often strikingly unique and at the same time, Motorola phones often gave out a vibe that these devices mean business. Today, we’ve handpicked some of the most memorable Motorola phones we’ve come across. Here are our picks for the six most memorable Motorola phones of all time. 1) Motorola ...

Nokia 6.1 Gets a Price Cut in India Ahead of Next Week's Nokia 6.1 Plus Launch

Dated: 18 August 2018 HMD Global is selling the Nokia 6.1 at a reduced price in India via its official site Highlights Nokia 6.1 seen to get up to a Rs. 1,500 price cut 3GB RAM variant is priced at Rs. 15,499 & the 4GB model costs Rs. 17,499 Nokia 6.1 Plus has been spotted online ahead of its launch Nokia 6.1 Plus is expected to be unveiled in India on August 21 and ahead of the launch, Nokia licensee HMD Global has dropped the price in India of the Nokia 6.1 or Nokia 6 (2018). Launched in India in April, the Nokia 6.1 was globally unveiled at MWC 2018 in February, but had first been launched in China in January. Later in May, HMD Global had launched another variant of the smartphone. Now, both the variants have received up to a Rs. 1,500 price cut in India. Meanwhile, Nokia 6.1 Plus, the global variant of Nokia X6 that was launched in China in May, has now surfaced online with that name. ...

Sri Lanka Police Arrest Teen for Hacking President's Website to Postpone ExamAgence

30 August 2016 Sri Lanka's police Monday arrested a 17-year-old teenager for hacking into President Maithripala Sirisena's official website and posting a message calling for the postponement of A-level examinations. The unnamed boy was taken into custody under the Computer Crimes Act and on conviction faces a fine of LKR 300,000 ($2,000) and up to three years in jail. "We traced the hack to his home in Kadugannawa," a police official said referring to a town about 100 kilometres (62 miles) east of the capital Colombo. "The website was crippled over the weekend after the attack." On Monday, the president's official site was up and running again. The attacker had removed the home page of the website and replaced it with a demand that the President postpone the ongoing GCE Advanced Level examinations or step down. Sri Lankan websites had been hacked in the past, but this was the first time that a teenager had been arrested under th...

Android Masters Incorporated

Search This Blog