The collaboration marks a departure from Apple's typical design strategy and returns LG to the smart home hardware market after more than 10 years. News of the partnership triggered a selloff in rival stocks on Oct. 7, with Arlo Technologies falling 8.7%, Resideo dropping 7.4% and Allegion sliding 5.6%. While the LG-branded products are several months from release, Apple is developing its own privacy-centric home camera and sensor for launch next year.
