LG Electronics
A major South Korean manufacturer of consumer electronics and home appliances, with businesses spanning televisions, home appliances, mobile devices, and smart home hardware. It has mature capabilities in manufacturing and global distribution channels.
Timeline (last 90 days)
Apple Home Collection was not completed by Apple alone, but co-developed with LG Electronics and Schneider Electric.
In the collaboration with LG and Schneider, Apple is responsible for the core HomeKit integration and software experience, while LG and Schneider provide support in hardware manufacturing and electrical infrastructure respectively.
The LG version of the smart lock is priced at $349 and supports multiple unlocking methods.
Apple's entering the smart home hardware business itself means its emphasis on this market is increasing; cooperation with LG and Schneider can both leverage the supply chain capabilities of traditional appliance and electrical manufacturers and ensure consistency of the software experience.
If Apple's cooperation model with LG and Schneider proves successful, more categories of Apple Home Collection products may appear in the future.
All Facts (5)
Apple Home Collection was not completed by Apple alone, but co-developed with LG Electronics and Schneider Electric.
50%UnverifiedIn the collaboration with LG and Schneider, Apple is responsible for the core HomeKit integration and software experience, while LG and Schneider provide support in hardware manufacturing and electrical infrastructure respectively.
50%UnverifiedThe LG version of the smart lock is priced at $349 and supports multiple unlocking methods.
50%UnverifiedApple's entering the smart home hardware business itself means its emphasis on this market is increasing; cooperation with LG and Schneider can both leverage the supply chain capabilities of traditional appliance and electrical manufacturers and ensure consistency of the software experience.
50%UnverifiedIf Apple's cooperation model with LG and Schneider proves successful, more categories of Apple Home Collection products may appear in the future.
50%