Samsung has unveiled the Artik family of chips that may digitally awaken and smarten billions of devices and gadgets at a technology conference on Tuesday in San Francisco.
Combining low power computer chips, transmitters and software the Artik chips will let manufacturers to build internet-connected products from televisions to drones to artificial limbs.
With the new line of chips South Korean firm has entered into the new market, dubbed as the “Internet of Things” which envisions to connect any electronic device over the internet.
The “Internet of Things” could become worth up to $3 trillion within five years, according to analysts in the industry. It’s predicted that the number of internet-connected devices will reach 26 billion by 2020. In 2009 there were just 900 million such units.
“Those numbers are subject to change, but anything that is in the billions. I will take that," says Samsung President Young Sohn.
Samsung is not alone; Intel, Qualcomm and others are also setting eye on the market. In January Intel revealed a platform named Curie which hosts a processor, Bluetooth low-energy radio, sensors and a sporting activity specialized engine with a coin sized battery.
But Curie won’t be in the market at least until the second half of the year.
Artik chips will be available as the Artik 1, Artik 5 and Artik 10 subcategories, with prices ranging from less than $10 to less than $100.