Samsung confirms it is developing a smart speaker

Samsung has confirmed the firm will'soon' release a smart speaker designed to take on Amazon's Echo, Google's Home and Apple's HomePod. DJ Koh, the president of Samsung's mobile division, told CNBC a smart speaker was on the way. 'Maybe soon we will announce it. I am already working on it,' Koh said. 'As I mentioned I wanted to provide a fruitful user experience at home with Samsung devices, and I want to be moving quite heavily on it,' he added.