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Samsung aims to become lifestyle brand with customizable products: exec

All News 17:50 September 03, 2020

SEOUL, Sept. 3 (Yonhap) -- Samsung Electronics Co. is seeking ways to cope with changes sparked by the novel coronavirus pandemic, its home appliance business chief said Thursday, as the company aims to become a lifestyle brand with customizable products.

Lee Jae-seung, who heads digital appliances at Samsung, said the South Korean tech giant is "recalibrating" its strategy in the era of the pandemic as people reorient their lifestyle to stay healthy and productive.

"The pandemic has resulted in all of us re-assessing the spaces in which we live, along with the ways we operate and prioritize things in our daily routines," Lee said in an editorial on Samsung's website.

"Such changes of mindset and habits are in line with the vision Samsung Electronics has for its digital appliances division, one of moving beyond simply manufacturing appliances and towards becoming a truly consumer-centric lifestyle brand."

This photo, taken on Jan. 29, 2020, shows Lee Jae-seung, who heads digital appliances at Samsung Electronics Co., at an event in Seoul. (Yonhap)

Lee said home has become more important than ever as people practice social distancing and that home appliances need to reflect the changes.

"The boundary between places of work and places of relaxation has shifted, and people are increasingly repurposing their space to serve as multi-function spots," he said. "Naturally, we felt that it was time for appliances to evolve in the same way, too."

Lee's comments hint that Samsung will release more products under its Project Prism, which reflects consumers' lifestyles and allows them to personalize the materials, colors, shapes and designs of the products.

So far, the company has introduced refrigerators and laundry appliances under the Project Prism.

As the pandemic has raised health issues, Lee said Samsung is "looking closely at its entire existing portfolio through the lens of hygiene."

Lee revealed that Samsung's global air purifier sales surged by 410 percent in the January-July period this year compared to the same timeframe last year.

This photo, provided by Samsung Electronics Co. on Sept. 2, 2020, shows the company's Bespoke refrigerators. (PHOTO NOT FOR SALE) (Yonhap)

Lee said Samsung's home appliances are being upgraded with its latest Internet of Things (IoT) and AI technologies to deliver better user experiences amid the pandemic.


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