"/ said on Wednesday it has bought Barcelona-based network data analysis firm Zhilabs, as the South Korean giant gears up to launch products for connected devices a".
The acquisition will allow the company to further enhance its 5G capabilities whereas AI-based automation will play a central role in Industrial Internet of Things (IIoT) and connected auto applications, which will require advanced automated solutions and network analytics.
In a vein similar to many other smartphone manufacturers, Samsung is also attempting to get the early bird advantage by adapting and introducing 5G technology, which is the next logical step along the telecom industry.
Samsung has acquired AI-powered network and service analytics company Zhilabs in a bid to enhance its 5G capabilities.
Back in August, Samsung announced its intention to invest in the direct creation of 40,000 jobs over the next 3 years, focusing on the AI, 5G, automotive electronics parts, and biopharmaceutical fields.
"5G is expected to expand indefinitely into new services as well as services for smartphones as a fourth industrial revolution platform", said Kim Young-ki, president of the Network Business Division at Samsung Electronics.
The addition of Zhilabs "lays the foundation for Samsung to foster its 5G offerings of automation and network analytics to finely tune the customer experiences in the 5G era", Samsung said in a news release.
Founded in Spain in 2008, Zhilabs focuses on solutions that measure service quality and automate network operations by analyzing network operation and performance, and data traffic on networks.
Samsung is already working with SK Telecom for the 5G network roll outs. Going forward, Barcelona-based Zhilabs will operate separately from Samsung and under its own management. Samsung, of course, has already teamed up with large carriers to start powering commercial 5G networks.