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Apple reportedly to enter smart home market with doorbell, smart lock, thermostat via LG partnership
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Apple is reportedly preparing to enter the smart home device market with new products including a doorbell, smart lock, and thermostat, developed in partnership with LG Electronics. Multiple news outlets, including Bloomberg, MacRumors, The Independent, and Yahoo Finance, report that Apple is expected to announce these products, along with other new items, on October 13. Investor's Business Daily named Apple its 'Stock of the Day' in light of this market expansion. The reports indicate this move marks Apple's entry into a new product category, leveraging LG's manufacturing expertise. The announcements are anticipated to include three new products, though specific details remain subject to official confirmation.
Source report
Apple is reportedly preparing to launch a range of new smart home products, marking the company's entry into a new market segment. According to multiple news sources, the tech giant is expected to announce three new products on October 13.
Key Developments
- New Product Line: Apple is set to introduce a doorbell, smart lock, and thermostat, developed in partnership with LG Electronics, according to Bloomberg.
- Market Entry: Investor's Business Daily has named Apple its "IBD Stock Of The Day," highlighting the company's strategic move into the smart home device market.
- Announcement Date: MacRumors reports that Apple is still expected to unveil three new products on October 13.
- Partnership: Yahoo Finance confirms that Apple has partnered with LG Electronics to enter the smart home device market.
- Broader Context: The Independent notes that Apple is about to launch entirely new products, providing a comprehensive overview of what the company will announce.
Sources
- Investor's Business Daily
- Bloomberg
- MacRumors
- The Independent
- Yahoo Finance
Source
Top stories - Google NewsNeutral / independent
Part of this Story
Apple to Unveil HomeView Smart Home Hub and LG-Built Devices at Oct. 13 Event