Samsung to Launch Smart Speaker Next Year

Samsung to Launch Smart Speaker Next Year

Smart speakers are here to stay, and Samsung is the latest tech giant that is interested in jumping into the market. Archrival Apple recently announced that its forthcoming $349 HomePod would be delayed until early 2018, while Alphabet subsidiary Google (NASDAQ: GOOG) (NASDAQ: GOOGL) just launched its $399 Google Home Max this week. Social network Facebook is even considering a smart speaker, and of course there's Amazon.com's (NASDAQ: AMZN) market-leading Echo family.

Samsung mobile chief DJ Koh confirmed to CNBC in August that the company was indeed working on a smart speaker, but didn't share any details at the time. Does the South Korean conglomerate stand a chance?

Google Home Max launched this week. Image source: Google.

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Source: Fool.com