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Samsung: Wearables Sales Soared 30 Pct In 2020

PYMNTS

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”. Samsung will face strong competition from Apple.

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Samsung Has A New Fridge That Uses AI To Identify Food

PYMNTS

Samsung has introduced a new refrigerator that’s the latest addition to its Family Hub lineup, with artificial intelligence (AI) and features that can plan meals and connect with Samsung devices around the home, according to a report by VentureBeat. billion products will be internet connected by 2025. . “In IDC predicts that 41.6

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Verizon And Samsung Target 2019 For U.S. Release Of 5G Smartphones

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Verizon and Samsung announced on Monday (Dec. The move would essentially beat Apple to the market with smartphones featuring 5G technology, because reports say that Apple is going to wait until 2020 to release the first iPhones featuring the tech. 3) that they would launch U.S. 5G phones in the first half of 2019, according to Reuters.

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Samsung’s New Fridge Uses AI To Track Food Inventory

PYMNTS

Samsung has introduced a new refrigerator that’s the latest addition to its Family Hub lineup, with artificial intelligence (AI) and features that can plan meals and connect with Samsung devices around the home, according to a report by VentureBeat. billion products will be internet connected by 2025. . “In IDC predicts that 41.6

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How 5G Will Shake Up Banking and FinTech?

PYMNTS

As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity. Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience.

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Huawei Ban Could Cost Europe $62B Extra For 5G Rollout

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As for the delay, GSMA said that would be bad for the European economy because 5G technology is necessary for self-driving cars, in medical applications and for logistics. The research firm said the delays would be due to delivery challenges for rivals outside of China including Ericsson, Nokia and Samsung facing an onslaught of demand.

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Amazon Sets Sights On Southeast Asia

PYMNTS

So while online retail accounts for about 5 percent of Southeast Asian commerce today, the region’s internet economy is poised to grow tremendously by 2025, with a projected annual worth of over $200 billion. But Amazon isn’t waiting until 2025, or even 2020. And what better place to wait than Singapore?

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