@Junko: There is so much of scope for new development for both auto electronics and consumer medical electronics. They will be consumed by mass market. As regarding margin, if Samsung produces unique prosucts with sensors and high integration they can demand good margin.
Nokia tried to spot the trend with aquasition of Symbian, But could not capitalize on it. Similarly Samsung has spotted the trend. Next big thing seems to be a Watch. Still there is no significant player in Market who is capitalizing on it.
I agree that "wearables" in general is a "big thing." But a (smart) watch? If everyone already has a smartphone with them at all times, where is the need for a smart watch? Would it be a smartphone replacement, or just a glorified fitness tracker? I'm not sure the former is all that practical or desirable, and the latter functionality could be achieved with something far less bulky and obtrusive.
Junko, I'm surprised that you didn't mention Motorola in this article. If you go back in history, Motorola invented the cell phone and was the leader for many years. They dropped the ball and didn't move to digital quick enough and Nokia took the lead. Nokia didn't move to smart phone fast enough and Samsung/Apple took the lead. It looks like Samsung is not sure where to take the market next, so another company will probably take the lead.
Among wearables, usability-wise, Google glass ranks higher than Watch. However, due to legal troubles and acceptability point of view, I consider Watch more adaptive. Watch+Glass can surely vanish smartphone necessity at all.
I think Samsung and Nokia are two very different companies in their business strategies, presence in hardware and software. Samsung has good presence in other hardware business along with successful smartphone market. They are the biggest supplier to Apple. Dont think how Samsung would see a lesson from Nokia. Nokia could not very well utilize the smartphone market although they were predominatly phone company.
Before Nokia came to be known as a phone company, It was a company supplying CRT tubes for TVs.
When our company launched a TV back in 1992 in India, we were importing 29" CRTs from Nokia for our large size TV models.
As far the comparison between Samsung and Nokia goes , in my opinion each company comes from a different culture , Nokia is a European Company where as Samsung is a Korean company and that definitely differentiates them as far as the thought process, strategy making and forward planning.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.