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LG partners with Homebase to bring smart devices to the elderly

  LG and smart home platform developer Homebase are joining forces in the US to bring smart home technologies to residents in a boutique retirement complex in Kansas. This reinforces our view that one of the key markets for both Connected Healthcare Devices (CHDs) and smart home devices will be the elderly, particularly aging-in-place. A couple of weeks ago, we noted how CHDs were resurfacing at CES in a more supportive market. Big Tech is now heavily invested in supporting healthcare projects, providing the surrounding infrastructure needed for CHDs to stick with consumers. As aging populations in the developed world continue to grow, CHD vendors would be wise to tailor their offerings to the elderly. The US Census Bureau predicts…

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