Whirlpool Corp. said that more than half of its smart appliances remain connected, but the company declined to be more specific.
Development of these smart devices is a core priority for Whirlpool and LG, the companies said.
The smart-home trend began gaining traction around 2014, according to Mr. Kim, and has grown since then.
Whirlpool declined to comment on the percentage of its sales represented by smart appliances.
According to Murat Genc, Whirlpool’s global data, experiences & transformation officer, smart appliances are generating data from consumers and are producing new revenue opportunities.