Question: Recently South Korea’s LG Electronics Inc signed an agreement with Amazon.com Inc for-
(a) Smart-home services
(b) Technology transfer
(c) Acquisition
(d) None of the above
Ans: (a)
Related facts:
- In September, 2016 South Korea’s LG Electronics Inc partner with Amazon.com Inc on smart-home services.
- The agreement will enable the U.S. Company’s services such as the Alexa virtual assistant on some of the electronics maker’s devices.
- Alexa will work with its SmartThinkQ Hub.
- A LG device used to connect with home appliances over the internet, to allow users to control the South Korean firm’s home appliances via voice-recognition technology.
- In addition, the company would add Amazon’s Dash feature on its SmartThinQ sensors, which enable smart features on appliances that cannot communicate with other devices on their own, to allow users to quickly order household items such as laundry detergent or drinks.
Reference:
http://www.reuters.com/article/us-lg-elec-amazon-com-idUSKCN11805D
http://www.koreatimes.co.kr/www/news/tech/2016/09/133_213339.html
http://www.homeworldbusiness.com/lg-partners-amazon-expanding-smart-home-focus/
http://www.usatoday.com/story/tech/news/2016/09/02/amazons-alexa-now-works-lg-smart-home-tech/89783856/