Market Chatter: Apple, LG to Expand Smart Home Ecosystem With New Accessories

MT Newswires Live
Yesterday

Apple (AAPL) plans to expand its smart-home ecosystem with a doorbell, thermostat, smart deadbolt lock and security cameras developed with LG Electronics, Bloomberg reported Tuesday.

The LG-branded lineup will include indoor, outdoor and floodlight cameras, with support for Wi-Fi, Bluetooth, Thread and Matter, while the smart lock will feature ultra-wideband technology for automatic unlocking, according to the report.

Apple is set to unveil a new smart-home hub, upgraded HomePod mini and TV set-top box on Oct. 13, while the LG-developed accessories are expected to launch in the coming months, Bloomberg added.

Apple and LG Electronics did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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