The future is finally here. And it’s actually 40 years ahead of when the Jetsons predicted it.
For more than 50 years, CES has been the global stage for innovation and the most influential tech event in the world. This year businesses, media and tech lovers will convene digitally to launch the newest tech of the year.
It’s no surprise that one of the major themes is making time at home more convenient and comfortable. This means that we might just be one step closer to the convenience of having the Jetsons-like convenience of Rosey.
Yesterday Samsung announced a variety of new devices and service under the umbrella a “Better Normal for All.” Of course, this included upgrades to already common appliances like the Bespoke customizable refrigerator with innovative design.
And we can’t overlook the introduction of Samsung’s new 110-inch microLED TV. In addition to bringing an even more detailed display, the TV also allows users to watch up to four things at the same time. Another announcement easily being tied back into the concept of customizability.
Samsung is a company that has worked hard to penetrate the walls and wallets of consumers in America. We’re talking everything from appliances to cell phones and even robots in the home.
Sure, we’re used to the idea of having a robot clean the floors of our homes.
Samsung’s JetBot 90 uses more responsive sensors and artificial intelligence technology to more efficiently move around the house. It can be control via app to schedule cleanings. And it comes equipped with a camera just in case you want to peek in on your house or pets while you’re away from home.
This was one of the technologies that Samsung debuted yesterday, but let’s get to the part where we were promised a robot that would pour a nice glass of wine after a long day.
The two new robots unveiled were the Bot Care and Bot Handy.
The Samsung Bot Care is an AI powered companion that can recognize and respond to behavior During a demonstration, the Bot Care suggested to a human at work that it might be time for a short stretch break. Then later offered a reminder about a future meeting and set up the meeting on an attached tablet.
Then there’s Bot Handy. It’s pictured above, and named appropriately…a robot with an arm and a hand. The company demoed Handy loading the dishwasher, setting a table and pouring a glass of wine. The bot uses AI to sense and recognize objects so that it will be able to tell if something that it’s holding is breakable.
We’re finally at the point where sensor technology is small enough and sensitive enough for these human-like robots to really become a reality. And it didn’t even take until 2062 (the year the Jetsons was actually set in).
Samsung is one of the world’s biggest vendors of technology and it’s lining itself up to be one of the giants of consumer robots. And that’s great news for investors. That is if you can get in.
Shares are trading very cheap when you look at valuations and even more so when compared to other technology companies. The catch is the company only trades on exchanges in South Korea, London and Luxembourg. That’s where we have to get creative.
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The iShares MSCI South Korea ETF (NYSE: EWY) looks to gives investors exposure to large and mid-sized companies in South Korea. And it’s the easiest way to gain exposure to Samsung since it makes up 24% of the fund’s portfolio.
Shares of course have been on a tear this year as South Korean technology companies jump on the bandwagon of distance meetings and convenience at home.
EWY also has exposure to LG Electronics, which is another great consumer company to have in your portfolio.
Robots have in manufacturing for decades, and now we’re at the point where they will be common in every household. And Samsung is sure to be one of the leaders.
To your prosperity and health,
Joshua M. Belanger