Samsung and IoTecha to Transform the EV Charging Experience!
March 30, 2022
Samsung Electronics Co., Ltd. and IoTecha Corp. announce a strategic collaboration to introduce a new range of electric vehicle charging stations that combine Samsung’s best-of breed display and signage solutions with IoTecha’s industry-leading EV charging technology. The resulting platform is expected to open up new driver and customer experiences for a wide range of commercial customers, including retail and hospitality, and enable innovative business models and revenue streams for digital signage and EV charging network providers.
Samsung and IoTecha have created a comprehensive EV charging kiosk solution featuring Samsung’s OH series touch screens and IoTecha’s Level 2 charging components. The integration of hardware and software addresses key challenges affecting deployment of both EV charging and digital signage infrastructure, from cost and complexity of equipment, installation, and operation, to remote monitoring, management, and maintenance.
“We believe that together, Samsung and IoTecha provide a cost-effective platform delivering fast and smart EV charging service and integrated in kiosks that bring visually dynamic interfaces with services, including IoTecha’s IoT.ON™ and Samsung’s MagicInfo with programmatic advertising,” said Kim Sarubbi, VP of Media at IoTecha Corp., and speaker at the upcoming Samsung VX event. “IoTecha’s proven track record, built on standards with proven capabilities, combined with Samsung’s technologies, is believed to be the solution infrastructure providers and end customers need to accelerate their electrification goals and differentiate their charging and digital signage offer as EV adoption accelerates.”
IoTecha provides hardware, software and cloud services for turnkey installation of a fully customizable EV charging infrastructure. IoTecha’s level 2 chargers deliver fast charging (up to 19.2kW at 80A), offer versatile and reliable networking options, and implement standard-based and interoperable high-level communications. Built-in support for IEC/ISO 15118 and OCPP 1.6 enables advanced driver experiences and innovative services such as Plug and Charge, Smart Charging and bi-directional power flow. Native connectivity to IoTecha’s IoT.ON™ Cloud and Edge services allows customers to reduce the total cost of ownership of their charging infrastructure. Installations can be remotely monitored, configured, and updated resulting in reduced maintenance costs and improved customer service. IoTecha’s topology-aware energy management allows the creation of highly customized optimization algorithms to meet the operational needs of site hosts and facility managers while minimizing electricity costs.
“We believe that Samsung and IoTecha’s business models and technologies combine perfectly to rapidly bring to market a brand new, visual, engaging and optimized EV charging experience,” said Chris Mertens, Vice President of US Sales, Samsung Display Division. “Samsung and IoTecha are looking forward to delivering highly customized services and content that meet and exceed customer requirements and unlocking new revenue streams for both site hosts and service providers.”
Complete kiosks can be highly customizable for white label branding to match retail, hospitality, business, and other commercial area deployments that feature printed decals or wraps. Each unit supports Plug and Charge services and interactive displays for programmatic advertising, customer information, service offers, personalized messages, and more.
Units can be fitted with Samsung’s OH series ultra-thin 1080p (Full HD) 1920 x 1080 display screens for reliable performance in any environment. UL-verified Magic Protection Glass screens offer LED-backlit LCD display that are IK10-rated against impact and IP56-rated for extreme weather exposure. Anti-glare technology and brightness levels greater than 3,500nits provide crisp visibility with sensor-driven automated brightness reduction for efficiency. An integrated power box and four internal fans assure optimized electronics performance, supported by Samsung’s MagicINFO Player S6 and TIZEN operating system can be embedded for optimized display performance and accurate content management. For more information, please visit https://www.samsung.com/us/business/displays.
IoTecha’s IoT.ON™ platform aims to accelerate the electric vehicle revolution by providing an integrated platform consisting of software, hardware and cloud components for the smart charging infrastructure and power grid integration of electric vehicles of all kinds. IoTecha customers are energy and power companies, charge point operators, and manufacturers of both Electric Vehicles and EV charging stations. IoTecha products include V2G and HomePlug Protocol Analyzer, Combined Charging System on Module (and custom modules), EV charging stations and IoT.ON™ Cloud-based services. For more information, please visit https://www.iotecha.com.
This press release contains forward-looking statements within the meaning of the federal securities laws that involve substantial risks and uncertainties. Forward-looking statements present IoTecha’s current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. Forward-looking statements involve risks and uncertainties and are generally identifiable by use of the words “may,” “will,” “should,” “anticipate,” “estimate,” “plans,” “potential,” “projects,” “continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend” or the negative of these words or other variations on these words or comparable terminology. In particular, these include statements relating to the potential of the partnership between IoTecha and Samsung, the capabilities of IoTecha’s technology and market acceptance and future performance or results of IoTecha and Samsung’s current and anticipated products and services. Factors that may affect the outcome of these matters include (among many others): IoTecha’s market opportunities and the projected growth of the industry in which it operates, including the EV market and the demand for EVs; IoTecha’s ability to successfully execute its business and growth strategy; IoTecha’s expectations regarding the capabilities of its technology; and developments relating to IoTecha’s competitors and its industry. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in any forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements.