On October 7, foreign media outlets revealed that Apple Inc. is set to partner with LG Electronics to co-introduce a range of smart home gadgets, encompassing smart doorbells, thermostats, smart door locks, security cameras, among others. These innovative offerings will seamlessly integrate into a smart home ecosystem centered around an enhanced HomePod mini and a cutting-edge Apple TV set-top box. Apple is anticipated to make an official announcement regarding these novel products on October 13. It's worth highlighting that, despite the collaboration with LG, the products will carry the LG brand name, with LG taking charge of production and support. Through this collaborative approach, Apple can swiftly broaden its smart home ecosystem while sidestepping the intricacies and expenses associated with directly managing the production and support of diverse accessories, which aligns with common practices in international business cooperation and leverages respective strengths of both companies.