In fact, Chinese companies like Changhong Electric are fast becoming leaders in the Smart TV field, recently announcing a partnership with San Francisco startup Flingo (a developer of Social TV apps) to better enable second screen engagement for Asian consumers.

FORBES: Mapping Mobile: What Does it Take to Crack China?

But more than 60 years later, a startup company in Japan is bringing back the Smell-O-Vision concept for a smaller screen.

CNN: Apparently This Matters: Smell-O-Vision for your phone