Intel estimates that 50 billion devices will be connected to the Internet of Things by 2020. Samsung, which bought SmartThings for $200 million last year, said that 100 percent of its products will be connected to the Internet of Things within five years
The move will accelerate Lantiq’s smart home gateway and intelligent access networks business. It will also help the world’s biggest chip maker advance its position in the Internet of Things, or making everyday objects smart and connected.
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