LG Electronics announced on Aug. 14 that it has signed a business agreement with Lumi of China on Aug. 13 to develop new technologies and expand business in the smart home sector. Under the agreement, the two companies will provide artificial intelligence smart home services in the global market based on LG Electronics' smart home appliances and Lumi's IoT devices.
Founded in 2009, Lumi is one of China's largest home IoT device suppliers and a global leader in smart homes. The company has sold more than 10 million IoT devices since its establishment, and is currently working in various areas with global IT giants such as Apple, Google and Amazon.
LG Electronics plans to build artificial intelligence-based smart home ecosystems consisting of smart home appliances, AI platforms, smart sensors and devices.
The two companies will showcase AI smart home service by linking LG Electronics' smart home appliances with Lumi's smart sensors and devices at IFA 2019, Europe's largest home appliance exhibition in Berlin, Germany in September.
LG Electronics has built smart home appliance infrastructure by loading wireless internet (Wi-Fi) devices onto all household appliances launched since 2017. If you connect smart home appliances wirelessly to smartphones, AI speakers and smart sensors, you can use various services.
LG Electronics is also launching LG ThinQ products which are air conditioners, washing machines, robot vacuum cleaners, TVs, and smartphones powered by artificial intelligence technology. It has introduced a smartphone app that can control various smart appliances.
LG Electronics uses Google's Google Assistant, Amazon's Alexa, and Naver's Clova platforms as well as its own AI platform.