NEWS

Samsung to Make January Announcement on Televisions with Google's Software

Samsung Electronics Co., the world’s largest television maker, is planning to make an announcement in January about introducing TVs using Google Inc.’s software, as the company aims to spur demand.

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Details of the plan have yet to be decided, Yoon Boo Keun, head of Samsung’s TV business, said in Seoul. The company is “open” to using Intel Corp.’s chips for its TVs, Yoon said.

Internet-enabled TVs will let viewers buy third-party video games and programs that do anything from forecasting the weather to measuring the string tension of a tennis racket. Apple Inc. fueled its expansion into music players and phones by developing the iTunes software that made it easier to buy and organize songs, TV shows and games and is expanding the model to television.

In October, Samsung, also the world’s largest maker of memory chips and flat screens, forecast “severe” price competition in the TV industry in the fourth quarter after its digital-media division posted a loss of about 230 billion won ($204 million) in the three months ended September.

Source: Bloomberg