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Money Today
   Leneco Signs MOU with Samsung Electronics on
   Home Network Appliances
2005-09-14
2350
      [Money Today, September, 2005 13:44]

   
    Leneco Signs MOU with Samsung Electronics on

    Home Network Appliances

Home network system provider Leneco said it had signed a MOU with Samsung Electronics for the sales of digital household appliances linked to its home network system.

Leneco will supply Samsung's digital home appliances compatible with its home network system LeNeT to households in apartment complexes and will be responsible for the marketing policy, installation and operation of the system for the residents using the service. The company will be the first one to provide Samsung's digital products connected to a home network system. Residents moving into a LeNeT-installed house can choose the specific items they want to use with the home network system.

So far, home network systems have been focused on security functions such as door and gas control, and control of household appliances from outside. However, it will be increasingly necessary to link a wider range of household items to a home network system beyond security and outdoor control features in order to improve the living environment.

"Even if a resident wants to link their network products to a home network system installed in their home, they may not function properly if the protocols are not compatible. And consumers should actually buy the products and check by themselves if the protocols are matching," a Leneco official said.

"We make sure that our system is compatible with the digital products to be used in advance and insert graphic user interface (GUI) for digital products into the home server. So, consumers will find it easy-to-use" he explained. The business alliance with Samsung is expected to boost sales of home network business, and we plan to develop a wider range of contents that can fit the needs and the taste of consumers," he added.

Leneco supplies its home network system LeNeT to apartment complexes built by its largest shareholder Dong Moon Construction Company in various areas including Paju, Guri, Hwasung, Suji and Ulsan.

By Dong Wook Lim dwlim@moneytoday.co.kr



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