Report: Samsung to announce 'Artik' chipset platform for Internet of Things

Next week Samsung Electronics plans to unveil a new chipset platform called Artik to power devices in the Internet of Things, according to a CNET report. The report, citing unnamed sources, said that the silicon platform was developed at Samsung's Menlo Park, Calif.-based Strategy and Innovation Center. That group is focused on developing new technology, partnerships and investments in hardware.

In a statement yesterday, Samsung confirmed that Young Sohn, president and chief strategy officer of Samsung Electronics, will deliver the opening keynote address at the second annual Internet of Things (IoT) World on May 12. The company said "he will reveal a major company milestone that will enable the new wave of groundbreaking IoT devices and services."

"By continuing efforts to connect devices and people to achieve greater insights, we have a huge opportunity to work with others in the industry, to tackle these real-world issues in ways that will fundamentally change people's lives for the better," Sohn said in the press release.

Samsung co-CEO Boo-Keun Yoon said in January that the company is going to make all of its gadgets and appliances connected. More importantly, he set clear benchmarks: By 2017, he said 90 percent of Samsung products will be IoT devices, and the company will hit 100 percent within five years, he said.

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