Samsung's first smartwatch, the Galaxy Gear, has not lived up to the expectations of many and has received a lot of negative feedback for not being that great of a first-time product. But for the second generation of the Gear, it seems Samsung doesn't want to leave any stones unturned, as it has now announced that it will be sponsoring Innovation World Cup of Wearable Technologies at the Wearable Technologies Conference in Munich on January 27 to 28, 2014, where startups and independent folks will show off their ideas and implementation of wearable technology.
Samsung is most likely looking forward to finding a few good ideas at the event and scooping up those ideas and the people behind them – this will help them improve wearable tech they're already working on, such as the Galaxy Gear 2 and the rumored “Gear Glass” smart glasses, while also giving them the necessary ideas for other types of wearable devices. The move would also form a part of Samsung's ongoing endeavor to acquire startups that help them improve both software and hardware services.
“We see a huge potential in the field of wearables, and are looking forward to great new ideas. As a total component solutions provider, it is great to have the opportunity to enable and support more innovative products and technologies,” said Frank Koch, head of Strategic Business Development, Samsung Semiconductor Europe.
Samsung Semiconductor Europe sponsoring Innovation World Cup of Wearable Technologies to foster groundbreaking wearable solutions
Herrsching, December 16, 2013 – Samsung Semiconductor Europe GmbH, a wholly owned subsidiary of Samsung Electronics Co. Ltd., is joining the Wearable Technologies Innovation World Cup as a sponsor toseek the most innovative, cutting-edge solutions. At the next Wearable Technologies Conference in Munich on January 27 to 28, 2014, the chosen finalists will be presenting their products and solutions, and the “WT Innovator of the Year” will be awarded.
Wearable Technologies Innovation World Cup is the world’s leading innovation competition for wearables with more than 1,500 contestants since its launch in 2009. The competition is designed to inspire and stimulate the next generation of wearable technologies bound to become the next big technology trend.
“We see a huge potential in the field of wearables, and are looking forward to great new ideas. As a total component solutions provider, it is great to have the opportunity to enable and support more innovative products and technologies,” said Frank Koch, head of Strategic Business Development, Samsung Semiconductor Europe.
Christian Stammel, CEO and Founder of Wearable Technologies AG: “We are excited to have such a forward thinking company like Samsung on board. With their experience and knowledge in the wearable technologies market, Samsung will add an even greater value to the Wearable Technologies Innovation World Cup.”
For further information and registration, visit: www.wearable-technologies.com/upcoming-conferences/.
About Wearable Technologies AG
Wearable Technologies AG is the pioneer and leading innovation and market development platform for technologies worn close to, on, and even in the body. Since 2006 the platform has successfully established a network of more than 3,000 companies, consisting of market leaders and highly innovative companies. Wearable Technologies AG aims to drive business development, technology marketing, and innovation through the Wearable Technologies Innovation World Cup, content management, strategy and technology consulting services, as well as international conferences and trade shows in partnership with leading trade organizations, associations, and other high-ranking partners.
The Wearable Technologies Innovation World Cup, established in 2009, is sponsored by major component suppliers including Samsung Semiconductor Europe.
About Samsung Semiconductor Europe
Samsung Semiconductor Europe, a wholly owned subsidiary of Samsung Electronics Co. Ltd. Seoul, Korea, is headquartered in Eschborn near Frankfurt am Main, Germany and operates offices all over Europe, Middle East and Africa (EMEA). The European headquarter is handling marketing and sales activities of Samsung Electronics' component businesses including Memory, System LSI and LED Business, andSamsung Display in EMEA. For more information, please visit www.samsung.com/semiconductor.
