New report says Samsung is not interested in smart speakers

New reports have surfaced, claiming that Samsung is not working on a smart speaker as WSJs sources claimed. Bixby the digital assistant meant to be the brains of the speaker only just launched in the US after it finally learned English.

Samsung currently does not view Al speakers as marketable, as the global market is already dominated by unbeatable Amazon and the Korean market is too small to make profits, an unnamed source from the company told The Korea Herald.

Amazons Echo speaker leads the pack with a 70% market share and Googles Home is on the rise. Both companies reportedly have much bigger AI teams working on their assistants and Samsungs team was busy with the English version.

Bixby does speak Korean well, but the home market already has the NUGU speaker by local carrier SK Telecom. Several more speakers are on the way from Korean firms (including one from chat giant Kakao).

While Samsung has been eager to jump into unproven markets in the past (smart wearables, VR), insiders believe that the company will hold off for now, waiting to see how the smart speaker market develops.

Samsung already has smart home devices with its SmartThings line, but the hubs cant fill the shoes of a speaker like Echo. The company isnt completely out of the AI speaker game, however, as Samsung-owned Harman Kardon makes a Cortana-powered speaker.

In the end, were not sure if we should believe these claims. Samsung already announced that Bixby will be available on the Family Hub 2.0 smart fridge, so why not take one more step and release a standalone home for its digital assistant?