Alphabet's Executive Chairman Eric Schmidt will be visiting South Korea on the 29th of October for a three-day visit in order to step up the company's cooperation with South Korean giants, which includes Samsung and LG. This three-day visit will include a meeting with Samsung Electronics' Vice Chairman Lee Jae-Yong at Samsung's headquarters in Seocho. This is the first visit made after Google officially turned into Alphabet.
It seems that one of the hot topics that the two companies are discussing is the Internet of Things (IoT), driverless cars, and possibly, Nexus phones. Samsung continues to dominate the mobile device market and Google's operating system dominates the global market with a staggering 82.8 percent market share in Q2, which is why the two tech companies are probably looking for a long-term cooperation.
The two companies established a cooperative partnership early last year which allowed Samsung to freely use Google's Android-related patents. The South Korean electronics giant has also started using Tizen, an open source operating system that is lead by Samsung, in its smartphones, wearables, and television sets.
