Yahoo and Samsung Team in Multinational Web-TV Project

26 August 2008

BERLIN: Friday August 29 will shimmer with all the glitz and razzamatazz associated with the opening of Germany's annual IFA Consumer Electronics and Home Appliances Fair in which microchip-packed gizmos compete for their share of a shrinking global consumer purse.

Mixing it in the mêlée with a better chance than most is a new joint venture between Yahoo of the USA and South Korea's Samsung Electronics, who between them claim to have come up with the industry's Holy Grail: the migration of internet-TV from the back-bedroom PC to the family lounge.

The proud parents will introduce their latest offspring, InfoLive, a  service that provides news, finance and weather information from Yahoo via an otherwise ordinary Samsung TV set.

It will be available on Samsung's new Series 7, 8 and 9 TV receivers and on sale before the end of this year in Canada, Australia and Singapore, plus selected European countries.

Samsung's digital media division boss Dr Jungwoo Park believes the new devices will make its TVs an entertainment epicentre in every living room. "We want televisions to be centre of the home network," he says.

Peeking into the future, Park believes that within five years TV sets will connect wirelessly to a range of devices that will communicate with each other automatically, downloading pictures, streaming video, music and games.

Data sourced from The Times (UK); additional content by WARC staff