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SK Telecom to invest US$4 billion in IoT and AI
South Korea's leading carrier SK Telecom announced it will invest 5 trillion won (USD $4.17 billion) in information and communications technology (ICT), including artificial intelligence (AI) and the Internet of Things (IoT).
Editor / Provider: Elvina Yang | Updated: 2017 / 1 / 16

LG ramps up AI acquisition to grow smart home business
A disclosure from LG at IFA 2017 in Berlin revealed the company's increasing focus on smart home business, as the company plans to double the venture's annual investment budget by 2020.
Editor / Provider: Elvina Yang | Updated: 2017 / 9 / 6

Smart home startups visit Taiwan for manufacturing partnership; Taiwan is IoT hardware hub
Peeple, Owlet Baby Care from USA and Swocket from Germany visited Taiwan to look for the hardware manufacturing partnership or investment at HWTrek event on August 18, 2015 in Taipei.
Editor / Provider: Veronica Chen | Updated: 2015 / 8 / 19

Silicon Labs to acquire Sigma Designs’ Z-Wave business at lower price
IoT semiconductor company Sigma Designs said it will sell the company's Z-Wave business to Silicon Labs for US$240 million, and liquidate other company assets including Smart TV and Media Connectivity businesses.
Editor / Provider: John Liu | Updated: 2018 / 1 / 25

Ecobee raises US$61 million in Series C funding with investment from Amazon
Smart thermostat maker Ecobee announced it raised US$61 million in a Series C round of funding, the largest amount the company has ever raised since it was established in 2007.
Editor / Provider: Elvina Yang | Updated: 2018 / 3 / 9

Investments in LPWAN to accelerate enterprise’s IoT adoption in New Zealand: Report
Telecom and Internet of Things companies in New Zealand are providing a range of low power wide area network (LPWAN) options that will suit different use cases, driving the technology's adoption among businesses.
Editor / Provider: John Liu | Updated: 2018 / 2 / 19

Smart meters takes 45% of Chinese IoT market, that might decrease its IoT competitiveness
China's largest IoT application segment goes to smart meter devices, according to research firm ABI Research. This scene, in the future, might cause issues on its IoT competitiveness.
Editor / Provider: Elvina Yang | Updated: 2016 / 10 / 20

South Korea tops IDC’s Asia Pacific 2017 IoT readiness index
The top three countries in Asia Pacific excluding Japan (APeJ) that are the most capable and ready to generate efficiencies linked to IoT solutions are South Korea, Singapore and New Zealand, says a new IDC report.
Editor / Provider: John Liu | Updated: 2017 / 7 / 26

1,700 smart homes in future park Istanbul to be outfitted with Yale smart locks
Approximately 1,700 smart homes in Future Park Istanbul, a complex of high-rise buildings covering 35,000 square metres, will be equipped with Yale smart locks from ASSA ABLOY in 2017.
Editor / Provider: John Liu | Updated: 2017 / 4 / 27

Mesh Wi-Fi startup Plume raises $37.5m from Comcast and Samsung
Mesh Wi-Fi technology startup Plume has raised US$37.5 million in its third round of funding led by Comcast, Presido Ventures and Samsung Venture Investment.
Editor / Provider: Elvina Yang | Updated: 2017 / 6 / 8

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