Samsung set to work on the Smarthomes project

To grab share in foldable, adjustable and high tech smarthomes, Korean technology giant Samsung on Friday said it will work on open standards technology with partners involved in making future home business.

‘We will work with everyone who shares this vision and ensure that standards are open. We have started partnering with industry leaders to create interconnected solution and industry standards,’ Samsung Electronics President and CEO Boo-Keun Yoon said at IFA.

IFA is the world’s leading trade show for consumer electronics and home appliances. It is taking place here from 5-10 September.

Smarthomes are visualised to have technology that can change design of home as per need like converting bed room in to dinning room by moving walls or automatically adjusting furnitures.
These homes are expected to be embedded with technology that will detect germs in air and take action to clear them, inform members of family about their diet, medicine, food nutrition status in refrigerator, sense and manage power requirement, automated kitchen, etc.

As per a research there will be 45 million smarthome system installed by 2018 and smarthome market will grow to $100 billion by the same year.

‘The future homes will be flexible, protective and responsive. Technology will increasingly help people to live more independent lives as they age,’ Yoon said.

He said Samsung’s subsidiary Smart Technologies has already started partnering with companies that want to contribute to smarthome technology.