Samsung Electronics Co., South Korea's leading tech firm, said Monday it will accelerate a push for the establishment of a global Internet of Things (IoT) ecosystem based on its ARTIK platform.

One of the key words for the ecosystem is an "end-to-end (E2E)" solution to link module and cloud services to make it easier and faster for its worldwide partners to develop IoT products.


ARTIK is Samsung's IoT module composed of an application processor, memory, sensor and communication module. It supports various types of high-end technologies including security solutions, storage, software and cloud computing services.

"ARTIK is an end-to-end, integrated module-cloud solution," So Byung-se, executive vice president and CTO in charge of Samsung's Strategy and Innovation Center, said at the "2016 Investors Forum."

It is a system to enable independently developed devices to be interlocked and the cloud systems of separate companies to be integrated, he added.

He expected the semiconductor industry to grow 7 percent each year on average by 2020 and the IoT field to account for 25 percent of that, he said, adding that Samsung has no plans yet to develop new chips for the IoT business.

"We will use existing semiconductor chips. For lower-price products, we plan to look for other partners," he said. "Existing chips, mainly for mobile services, require one or two years of optimization process, however." (Yonhap)