Samsung’s acquisition of Zhilabs is part of its $22 billion investment plan in the AI, 5G and automotive electronics components areas
Samsung has announced about its acquisition of Artificial Intelligence (AI)-based network and service analytics firm, Zhilabs to enhance its 5G capabilities. It aims to adopt automation to finely tune the 5G experience. Youngky Kim, President and Head of Networks Business at Samsung Electronics believes that the acquisition will ensure quality 5G experience. He says, “5G will enable unprecedented services that generate exponentially greater data traffic, for which automated and intelligent network analytics tools are vital.
AI role
AI’s role is considered vital, especially in the introduction of new services driven by the 5G network. These include industrial Internet of Things (IoT) and connected cars. AI-based transformation can also be used to analyse user traffic, classify applications being used, and improve the overall service quality.
Acquisition
Commenting on the acquisition, Joan Raventós, CEO at Zhilabs, said, “We are delighted to be joining the Samsung Electronics family and adding our software products and technology to the existing end-to-end solutions that the company offers its customers.”
He added that the 5G technology would work successfully if the network transferring quality was measured and improved. The acquisition aimed to combine the AI solutions and Samsung’s network as well as portfolio and serve the 5G users in the best form. ZhiLabs, however, will be operating independently under its own management system and contribute to Samsung’s 4G to 5G transformation.
In addition to this acquisition, Samsung will continue to strengthen its automation solutions for helping carriers measure the quality of each user service and automatically optimize service quality without human intervention. The company is also set to explore and invest in other business opportunities powered by emerging technologies.
Samsung’s move to acquire Zhilabs is in line with its earlier announcement to its $22 billion investment plan in the artificial intelligence (AI), 5G, automotive electronics components and biopharmaceuticals areas.
