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Samsung aims to connect all appliances and devices it produces

Company sees operating profit increase 83% last year

Yoon Lee, left, senior vice president of Samsung Electronics America, and Joe Stinziano, executive vice president of SEA, demonstrate Samsung Electronics' artificial intelligence technology at the Consumer Electronics Show 2018 in Las Vegas on Monday. (Courtesy of Samsung Electronics)

LAS VEGAS -- Samsung Electronics is well-known for its high-end smartphones and durable home appliances. But it is now branching into "internet of things" which it expects to offer new business opprtunities.

The South Korean tech conglomerate unveiled Monday its ambition to connect consumer experiences across its various devices at home, at the office and on-the-go at this year's Consumer Electronics Show in Las Vegas. Samsung plans to make all of its products ready to be connected by internet of things by 2020 via an open, consistent and intelligent platform.

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