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Samsung digital health event

Samsung's Silicon Valley-based Strategy and Innovation Center is hosting an event to launch a new initiative in digital health.

  • Jessica Dolcourt 5/28/2014 5:35:43 PM
    "A voice that could speak to you in a way you can understand?"
  • James Martin 5/28/2014 5:36:00 PM
  • Jessica Dolcourt 5/28/2014 5:36:02 PM
    What if the muscles and skin of your body could tell you every minute of every day what it needs and wants? You would learn a lot and live a long life.
  • Shara Tibken 5/28/2014 5:36:13 PM
    Video saying you can adjust habits, gain insights, etc. Change your life.
  • James Martin 5/28/2014 5:36:42 PM
  • Jessica Dolcourt 5/28/2014 5:36:54 PM
    Here comes Young Sohn, the president and chief strategy officer of Samsung.
  • Jessica Dolcourt 5/28/2014 5:37:15 PM
    When he training for fencing, he says, he had to listen to his body.
  • James Martin 5/28/2014 5:37:17 PM
  • James Martin 5/28/2014 5:37:36 PM
  • Shara Tibken 5/28/2014 5:37:40 PM
    Sohn is a pretty important exec at Samsung. Unlike many US-based execs, he actually holds a high-title at the overarching Korean company, not just the US business. He's a president at Samsung Electronics.
  • Jessica Dolcourt 5/28/2014 5:37:45 PM
    Fencing is a combination of athleticism and chess, Sohn says. And we have to listen to data to improve our lives and health.
  • James Martin 5/28/2014 5:37:54 PM
  • Jessica Dolcourt 5/28/2014 5:37:58 PM
    The goal is to converge IT technology with health and wellness.
  • Jessica Dolcourt 5/28/2014 5:38:13 PM
    "This is the single greatest opportunity of our generation," Sohn says.
  • Jessica Dolcourt 5/28/2014 5:38:29 PM
    We're recapping through the new wearables that Samsung has.
  • James Martin 5/28/2014 5:38:40 PM
  • Shara Tibken 5/28/2014 5:38:55 PM
    We're seeing images of "consumer adoption of digital health." Generation 1 from the last five years was phone apps. Generation 2, today, is fitness devices. Gen 3, new era is wearable sensors.
  • Shara Tibken 5/28/2014 5:39:17 PM
    Alright, that's clearly what this will be about. Wearable sensors. Makes total sense considering this is the components business.
  • James Martin 5/28/2014 5:39:20 PM
  • Jessica Dolcourt 5/28/2014 5:39:28 PM
    Temperature and heart monitor are an addition to tracking steps.
  • Jessica Dolcourt 5/28/2014 5:39:49 PM
    He says he's been wearing his Samsung Gear watch for more than two weeks, a record for him.
  • James Martin 5/28/2014 5:40:18 PM
  • Shara Tibken 5/28/2014 5:40:22 PM
    I think Sohn was the Samsung exec who got in a trouble a year or so ago for saying he used an iPhone, not Samsung devices.
  • Jessica Dolcourt 5/28/2014 5:40:42 PM
    Sohn is telling us that he runs as well, and highlights that we're going to see even more fitness-related wearables from Samsung in the future.
  • Jessica Dolcourt 5/28/2014 5:41:09 PM
    But the main focus today is the sensors. He posits: Why shouldn't we know as much about our bodies as we know about our cars, for instance.
  • Jessica Dolcourt 5/28/2014 5:41:36 PM
    Now, your guages and air pressure are mandatory in cars. "And I think we can do something similar to human bodies as well."
  • Shara Tibken 5/28/2014 5:41:46 PM
    That's a very good point from Sohn. Your car can tell you almost anything. But there's also the issue of whether people actually want to wear sensors.
  • Jessica Dolcourt 5/28/2014 5:42:15 PM
    There's an increasing cost of health care.
  • Shara Tibken 5/28/2014 5:42:33 PM
    It will be interesting to see how Samsung pitches something like this without making it seem too invasive.
  • James Martin 5/28/2014 5:42:35 PM
  • James Martin 5/28/2014 5:43:02 PM
  • Jessica Dolcourt 5/28/2014 5:43:03 PM
    70% of people die from chronic diseases, Sohn says. And 1.2 billion people will be older than 60 by 2025. Countries are ageing faster as people live longer and birth rates decline.
  • Jessica Dolcourt 5/28/2014 5:43:32 PM
    (Ok, good foundation. Now let's get into the meat of the sensors we're going to learn about.)
  • James Martin 5/28/2014 5:43:33 PM
  • Shara Tibken 5/28/2014 5:43:35 PM
    Ha. We're now seeing a photo of Gordon Gekko from Wall Street, holding this ginormous cellphone.
  • Jessica Dolcourt 5/28/2014 5:43:48 PM
    Sohn brings out an old-timey phone from the original Wall Street movie.
  • Shara Tibken 5/28/2014 5:43:56 PM
    Samsung's first cellphone looked A LOT like that. They have models in their various museums in Korea.
  • Jessica Dolcourt 5/28/2014 5:44:02 PM
    It cost $4,000.
  • James Martin 5/28/2014 5:44:18 PM
  • Jessica Dolcourt 5/28/2014 5:44:34 PM
    Compare that to the Galaxy S5, which is "good enough not just for Wall Street, but for Main Street." *groan*
  • James Martin 5/28/2014 5:44:40 PM
  • Jessica Dolcourt 5/28/2014 5:45:11 PM
    Sohn compares the changes in cost when we talk about modern mobile phones.
  • Shara Tibken 5/28/2014 5:45:15 PM
    Sohn notes that 25% of semiconductors are going to phones.
  • James Martin 5/28/2014 5:45:21 PM
  • Jessica Dolcourt 5/28/2014 5:45:38 PM
    The Galaxy S5 has 9 sensors in it, and is 6x lighter and 20x cheaper than the first Samsung phone.
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