S. Korea's LG unveils 'smart fridge' that suggests recipes
Sunday 24 April 2011
South Korea's LG Electronics Tuesday unveiled a refrigerator which suggests recipes as it forecast a bright future in the potentially lucrative market for "smart" household appliances.
LG will roll out smart fridges, washers and other appliances in South Korea and North America by the end of this year to compete against rivals including Samsung Electronics and Whirlpool, Lee Young-Ha, president of the home appliance unit, told reporters.
The nation's second-largest consumer electronics maker after Samsung on Tuesday showcased the first smart product - a refrigerator connected to a home Wi-Fi network and which can be controlled by smartphone.
"By the end of the year, when our full range is introduced, consumers will be able to stay in contact with their appliances at any time, enjoying greater convenience and seeing real-life, real-time improvements in energy consumption and time savings," Lee said in a statement.
The smart fridge offers three energy-saving options as well as a "food management system" which tells users what is in their fridge, where it is and when its sell-by date expires.
The information is available via smartphones or tablets, and can be accessed from a grocery store or restaurant. LG boasts the machine can even suggest healthy recipes based on what foods are currently available.
The product costs about 3.6 million won ($3,296) and will account for about 20 to 30 percent of LG's refrigerator sales in South Korea this year, said Lee, without giving a global sales target.
Other items including ovens and camera-embedded vacuum cleaners remotely controlled by smartphones or tablet computers will be introduced later this year, he added.
Market research firm Pike Research predicts the global market for smart home appliances will take off in earnest in 2013 and reach $26.1 billion in sales by 2019.
In 2000, LG introduced a refrigerator connected to the Internet that met with a lukewarm response.
"Now things are different, with Wi-Fi networks everywhere, smartphones so common and prices far more affordable," said Kim Young-Soo, vice president of LG's home appliance unit.
Life & Style blogs
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
Emergency data law: David Cameron plots to bring back snoopers’ charter
NUT strike: David Cameron announces crackdown on strike action ahead of mass industrial action
- 1 Belgium fan Axelle Despiegelaere lands L'Oreal campaign after World Cup viral photo
- 2 Why I'm on the brink of burning my Israeli passport
- 3 Israel-Gaza conflict: ‘Sderot cinema’ image shows Israelis with popcorn and chairs 'cheering as missiles strike Palestinian targets'
- 4 Blackest is the new black: Scientists have developed a material so dark that you can't see it...
- 5 Iraq crisis: How Saudi Arabia helped Isis take over the north of the country
competitive: Progressive Recruitment: My client who are a leading publisher in...
competitive: Progressive Recruitment: A leading marketing agency is currently ...
£35000 - £45000 per annum + competitive: Progressive Recruitment: Software En...
£40000 - £45000 per annum + competitive: Progressive Recruitment: Software Tea...