Samsung Plans Only Web-Ready Products in Smart-Home Push

All Samsung Electronics Co. products will be Internet-ready within five years as Asia’s biggest consumer-electronics company focuses on the growing businesses of smart homes and smart cars.

The world’s biggest maker of TVs will only sell Web-connected sets by 2017, Co-Chief Executive Officer Yoon Boo Keun said at the Consumer Electronics Show in Las Vegas. Samsung also will invest more than $100 million in developers this year to accelerate its plans, Yoon said.