Samsung Sells Three TVs Every Second

  • US$184bn in sales in 2012
  • US$9bn investment every year in R&D
  • Launched new eco bubble washing machine

The next big thing in the tech world is home appliances, according to Samsung President BK Yoon who spoke at the Samsung EU Forum in Monaco today.

  • US$184bn in sales in 2012
  • US$9bn investment every year in R&D
  • Launched new eco bubble washing machine

The next big thing in the tech world is home appliances, according to Samsung President BK Yoon who spoke at the Samsung EU Forum in Monaco today.

And Yoon brags that Samsung already owns the living room. "Three Samsung TVs are sold every second," he said. "And in 2012 we made $184bn in sales. We invest $9bn every year in R&D to develop the next big products."

At Samsung's home appliances press conference in Monte Carlo, the Korean company launched products including the new eco bubble washing machine, a new fridge and a robotic vacuum cleaner. The Samsung press conference was designed to illustrate Samsung's belief that high tech is expanding from consumer electronics into the home appliances business.

"We think innovation is truly the key to our company's success," said Yoon. "That's how we are able to bring the world's first, best and amazing products to the market. We believe that the next big thing is home appliances. Why? Because the home is the most important place for all of us, in each country, in each culture.”

"We want to make your home more pleasant and more enjoyable. We must understand the need of consumers around the globe."

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