LG Electronics Inc. (LG) today announced record second quarter and first half revenues with consolidated sales of USD 13.40 billion and operating profit of USD 559.4 million for the period covering April-June 2019. Compared to the same period last year, sales were 4.1 percent higher with operating income down 15.4 percent. Record home appliance profits…
Category: Technology
LG XBOOM delivers exciting sound experience
LG Electronics (LG) XBOOM lineup continues to enthrall consumers with its superior sound, unique features and exceptional convenience. The XBOOM name has become synonymous with power and quality, helping the LG brand attain its dominant position in the mini component and all-in-one audio categories. The latest XBOOM products remain true to the brand’s identity, boasting…
Nestlé breaks new ground with open blockchain pilot
Nestlé will break new ground in supply chain transparency through a collaboration with OpenSC – an innovative blockchain platform that allows consumers to track their food right back to the farm. Through this collaboration, Nestlé becomes the first major food and beverage company to announce that it will pilot open blockchain technology in this way….
LG rolls out Apple AirPlay 2 on 2019 THINQ AI TVs, first global TV manufacturer to support HomeKit
LG Electronics (LG) yesterday announced that Apple AirPlay 2 and HomeKit are available starting July 25 on its 2019 AI TV lineup, making LG the first global TV manufacturer to support HomeKit. These Apple features will be available through a firmware update for 2019 LG OLED TVs, NanoCell TVs and UHD TVs with ThinQ AI…
LG superior information display graces Nairobi
If you have been following LG Electronics (LG) keenly you will notice how they have quietly introduced its advanced information display technology at the KBC site on University Way. From Transparent OLED Signage to a full lineup of LED products, LG is providing that it can transform any space into awe-inspiring, fully functional digital environments…
Shopify Unveils New Innovations to Transform Commerce for Merchants and Consumers Globally
Shopify Inc., the leading multi-channel commerce platform, unveiled the latest in commerce technology at Shopify Unite, the annual conference that brings together the company’s global partner and developer community. “Shopify’s real power comes from the variety and strength of our ecosystem,” said Shopify CEO Tobi Lutke. “Unite gives our developer and partner community access to…
NanoCell – LG’S best LCD TV
As a market leader in consumer electronics, LG is committed to ensuring innovation remains at the forefront of its television lineup. Over the years, LG Electronics (LG) has fine-tuned its premium LCD TV offerings. LG’s advanced televisions have been rebranded under the NanoCell TV name to highlight their NanoCell Display technology. LG’s NanoCell TVs provide…
National Bank supports the Afro Asia Fintech Festival
National Bank was one of the main sponsors of the 2019 Afro Asia Fintech hosted by Central Bank of Kenya (CBK) in partnership with the Monetary Authority of Singapore (MAS). The Festival will took place in Nairobi, Kenya between July 15 – 16, 2019, focused on connecting Africa and Asia to network, sharing ideas and…
Kenindia bets on engineering insurance for growth under the Agenda 4
Growth is expected to be seen in the engineering insurance as Kenya embarks on completing its construction and infrastructure projects under the Agenda 4, says Kenindia. Kenindia Assurance Deputy General Manager Ms. Irene Owiti said the Agenda 4 projects coupled with the usage of new technology in the infrastructure and manufacturing projects is likely to…
LG DUALCOOL air conditioners offer double gains with energy savings and fast cooling
LG Electronics (LG) is cooling down more than the summer temperatures with its impressive DUALCOOL air conditioners. East African consumers are enjoying a double win with the series, which offers up to 70% energy savings on utility bills and the potential of up to 40% faster cooling. The LG DUALCOOL Split Air Conditioner offers high-performance…
Visa Player Escort Programme makes dreams come true for Kenyan children
Visa made the dreams of five Kenyan youngsters come true whenthey led some of the world’s best football players onto the pitch at Al-Salam Stadium in Cairo during the 2019 Total Africa Cup of Nations quarter-final match between Madagascar and Tunisia on Thursday. Visa, the world’s leader in digital payments and official sponsor of the…
LG to expand partnership with Qt on next generation embedded devices running webOS
LG Electronics (LG) announced the signing of a Memorandum of Understanding with The Qt Company, the Finnish-based software developer behind the Qt Project, to expand its existing collaboration on webOS. The expanded partnership will focus on embedding LG’s open source webOS platform in future automotive, robotics and smart home devices as well as positioning webOS…
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