Tag: samsung electronics

Wearable technology has yet to take off among consumers, while patents rapidly rise

Wearables battle to become appealing to users as paten publication grows at a striking rate.

Despite the fact that the majority of consumers still aren’t buying wearable technology, the overall patent publications associated with those devices has been rising at a rate of about 40 percent per year since 2010.

From 2010 through until the end of May of this year, there have been 41,301 patents published.

It looks as though the tech behind wearable technology is being firmly locked into place, but the one primary question is what it will take to make consumers actually open up their wallets and buy these devices. Moreover, once they have them, will they actually like the experience or will it end up being a flash in the pan fad that goes out about as quickly as it came in?

Wearable technology takes in a massive group of gadgets, form smartwatches to augmented reality glasses.

Wearable Technology - Patents GrowthThere are fitness trackers, watches, glasses, goggles, and even diapers that all fall within the wearables category and that are already on the shelves and waiting for consumers to purchase them. However, analysts insist that it remains far too early to be able to decide which among this type of gadget will manage to sway consumers to actually buy, and how they will transform this sector of the market.

As a whole, the patent publication of wearables that are integrated into all forms of accessories and clothing that can be worn, has been rising by an annual 40 percent over the last five years. That statistic was released by Lux Research, a firm based in Boston.

At the head of the patent filing game was Samsung Electronics. In second place was Qualcomm, followed by Apple Inc. in third. According to market analysts, Samsung is making a concerted effort to lead the way in a wearable tech market that will have far greater consumer appeal over coming years.

Tony Sun, a research analyst at Lux, explained the current wearable technology situation by saying that “First, moving into wearable electronics agrees with the general interest of using electronic devices to better understand oneself in a quantitative way.” He went on to point out that “Second, Samsung is a major consumer electronic device and component developer. Wearable devices, like smartwatches, are a natural fit for Samsung’s existing manufacturing capability, technology portfolio as well as customer base.”

Qualcomm to provide new mobile technology to Samsung

The company could soon be providing its next generation processors for the tech giant’s smartphones.

It has been recently reported that Qualcomm Inc, the American chipmaker, now intends to produce mobile technology in the form of its next-generation Snapdragon 820 processors for Samsung Electronics Co. Ltd.

This has come as a surprise to many after Samsung had recently chosen to use its own processors for its latest launches.

The flagship mobile technology from Samsung, including the Galaxy S6, included the use of its Exynos processors. This decision opted away from the Qualcomm Snapdragon 810 and required the American company to have to slash its financial outlook for 2015. Now, Re/code is reporting that the U.S. processors could soon be finding their way back into Samsung devices. Equally, it should be noted that neither Qualcomm nor Samsung have responded to the report. That report also didn’t mention whether or not the U.S. chipmaker was investigating any other manufacturers for the use of its 820 processors, aside from the South Korean tech giant.

It indicated that there has been quite the momentum building in terms of this type of mobile technology.

Mobile Technology - Qualcomm and SamsungFor example, there has been growing drive for the system chips business at Samsung, which is expected to turn toward a profitable direction before the close of 2015. That said, it could make things more of a struggle for Taiwan Semiconductor Manufacturing Company (TSMC), since that firm has received the majority of the Qualcomm orders for the higher end processing chips.

The 14 nanometer manufacturing tech at Samsung provides the company with an advantage over its rivals, including TSMC. The reason is that the smaller size of their mobile tech chips produce greater energy efficiency and enhance performance. Analysts and investors have stated that this superior technology will generate greater interest in the contract manufacturing business at Samsung and will only drive revenues.

Recent media reports have stated that Samsung will be manufacturing mobile technology processors for the next generation of iPhones from Apple, which are expected later in 2015. Moreover, it has also taken on a new contract manufacturing client in Nvidia Corp.