LG Electronics Partners with Apple to Develop Smart Home Devices; Some Products to Be Manufactured at Hyundai HT Vietnam Facility

Reports indicate that LG Electronics is collaborating with Apple to develop smart home devices and plans to build a production system for these products using overseas manufacturing facilities. The jointly developed smart home devices include seven types: smart locks, video doorbells, thermostats, temperature sensors, indoor/outdoor security cameras, and lighting-integrated security cameras. Production of three of these products—smart locks, thermostats, and temperature sensors—will be handled by Hyundai HT Vietnam, the Vietnamese subsidiary of South Korean smart home company Hyundai HT. Certification data submitted by LG Electronics to the U.S. Federal Communications Commission (FCC) lists the Hyundai HT Vietnam facility as a manufacturing site for the relevant products.