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Samsung looks past smartphones to find the Next Big Thing

Samsung Post-Smartphone Plans

Smartphones have been very good to Samsung but the company apparently sees the writing on the wall and realizes that there’s just not as much money to be made from them as there once was. Korea’s ETNews reports that Samsung will move to “lower its dependence” on its smartphone business as a revenue generator next year and will instead look to other areas to keep up its enormous profits. ETNews‘ sources say that Samsung’s “focus will be placed on smartphone derivatives in the short term, such as peripherals and accessories” while the company continues to develop its wearable computing products such as the Galaxy Gear smartwatch. In the long run, it’s still unclear what Samsung has planned for its “Next Big Thing,” although you can bet the company will spend billions of dollars telling us about it once it figures it out.

Prior to joining BGR as News Editor, Brad Reed spent five years covering the wireless industry for Network World. His first smartphone was a BlackBerry but he has since become a loyal Android user.