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PR Newswire

TCL PARTNERS WITH ARSENAL TO ENHANCE CONSUMER ENGAGEMENT IN THE MIDDLE EAST, AFRICA AND EUROPE

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Utilizing innovative Mini LED and QLED TV offerings to unite football fans as they experience new realms of entertainment together.

HONG KONG, April 7, 2023 /PRNewswire/ — TCL, a Global top 2 TV brand, has announced a new partnership with Arsenal Football Club. The collaboration will give Arsenal supporters in the UK, Middle East and Africa more opportunities to engage with the club, while also increasing TCL’s expanding footprint in sport by becoming the club’s Official Regional Consumer Electronics Partner in those markets.

With a mission to Inspire Greatness, TCL understands the impact sport has on people around the world and the new partnership aims to engage supporters around their common passion for football.

TCL PARTNERS WITH ARSENAL
TCL PARTNERS WITH ARSENAL

TCL will provide Arsenal supporters with exclusive club content and exciting deals on a product range including TVs, white goods and home appliances. Supporters will have the opportunity to participate in competitions and games with the lucky winners receiving official Arsenal gifts and merchandise. TCL will also invite its customers to watch live matches at Emirates Stadium as well as meet and greets with current players and legends.

“We are thrilled to partner with Arsenal Football Club, one of the most prestigious football clubs in the world,” said Sunny Yang, General Manager TCL Middle East and Africa. ” This partnership will allow us to bring our innovative and high-quality products to Arsenal’s passionate and loyal supporter base in the Middle East, Africa and the UK. Our values of progression, positivity and inspiration are aligned to those of Arsenal and we’re excited to work together to engage supporters around the world in their common love for football.”

Juliet Slot, Arsenal’s Chief Commercial Officer, said: “We are delighted to welcome TCL to our family of partners. This partnership represents an exciting opportunity for both Arsenal and TCL to engage with our supporters in the Middle East, Africa and the UK. We look forward to working closely with TCL to bring the best viewing experience to our fans in the region.”

Leaders On and Off the Field – The Powerful Pairing of Technology and Sports

TCL recognizes that TVs have the unique ability to connect and inspire people around the world, by immersing them in the action that unfolds on screen. Of all the TV content available, there is undeniably something magical about watching live sport and feeling the exact same emotion that millions of other viewers across the world are feeling at the same time. With its range of XL screens measuring up to 98″, TCL ensures consumers never miss a moment of the action and makes them feel like they are right there on the sidelines.

About TCL

TCL Electronics (1070.HK) is a fast-growing consumer electronics company and a leading player in the global TV industry. Founded in 1981, it now operates in over 160 markets globally. TCL specializes in the research, development and manufacturing of consumer electronics products ranging from TVs, audio and smart home appliances.

PR Newswire

JS Global Reports Fiscal Year 2022 Financial Results

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HONG KONG,  March 31, 2023 /PRNewswire/ — JS Global Lifestyle Company Limited (Stock code: 1691.HK) (“JS Global” or the “Company”), a world-leading producer of small household appliances that operates three major brands: Shark, Ninja and Joyoung, today reported its financial results for the fiscal year ended December 31, 2022.

“I am pleased with all we accomplished in 2022 while navigating a challenging global macro environment,” said Wang Xuning, Chairman and Chief Executive Officer of JS Global. “We continued to grow market share in both existing and new categories across the key markets in which we operate. Major product launches in 2022 have already seen incredible success, as they were a key factor in driving a strong finish to the year and are now providing us with significant momentum in 2023. JS Global is highly differentiated by the strength of our brands and our high quality, rapid product innovation that consistently delivers extraordinary value to our consumers globally. We look forward to 2023 as we remain focused on our strategy to deliver sustainable, long-term growth by driving increased sales of our existing products as well as combining powerful technology with appealing designs to develop innovative new products.”

Fiscal Year 2022 Financial Results and Commentary

  • Revenue was US$5,041.2 million for the fiscal year, a decrease of 2.1% compared to the prior year period. On a constant currency basis, revenue increased by 0.7%.
    • SharkNinja’s revenue was US$3,715.9 million for the fiscal year, flat compared to the prior year period. On a constant currency basis, revenue increased by 2.4%.
    • Joyoung’s revenue was US$1,325.3 million for the fiscal year, a decrease of 7.7% versus the prior year period. On a constant currency basis, revenue decreased by 3.7%.
  • Profit was US$357.5 million for the fiscal year, a decrease of 22.4% versus the prior year period.
  • Adjusted Net Profit was US$425.6 million for the fiscal year, a decrease of 15.3% versus the prior year period.
  • Profit Attributed to Owners of the Parent was US$332.3 million for the fiscal year, a decrease of 21.0% versus the prior year period.
  • Adjusted Net Profit Attributed to Owners of the Parent was US$393.8 million for the fiscal year, a decrease of 15.1% versus the prior year period.
  • EBITDA was US$624.5 million for the fiscal year, a decrease of 12.2% versus the prior year period.
  • Adjusted EBITDA was US$673.0 million for the fiscal year, a decrease of 8.2% versus the prior year period.

 Recent Business Highlights

  • JS Global’s revenue has grown by 67.1 % compared to 2019 led by the continued success and expansion of the Shark and Ninja brands, as well as gross profit growth of 66.9% compared to 2019.
  • Shark brand remains the vacuum brand in the U.S., while Ninja brand continues to be the brand in small kitchen appliances in the U.S. Our market share within cleaning appliances grew from 32.0% to 34.6%1, cooking appliances declined from 27.4% to 26.2%2, and food preparation appliances grew from 33.4% to 36.1%3 in the U.S.

Balance Sheet and Cash Flow Highlights

  • As of December 31, 2022, cash and cash equivalents were US$504.1 million, outstanding debt (total borrowings) was US$857.1 million, and gearing ratio (calculated as the total debt (including interest- bearing bank borrowings and lease liabilities) divided by total equity) was 45.6%.
  • Capital expenditures were US$165.3 million for the fiscal year, compared to US$ 149.6 million in the prior year period.
  • JS Global had 3,447,463,000 fully diluted shares outstanding as of December 31, 2022.

Conference Call and Live Streaming Details

  • April 3, 2023 at 7:30 a.m. ET / April 3, 2023 at 7:30 p.m. HKT: JS Global management will host an annual results presentation live stream. Investors can watch the live stream by registering on the following website: https://www.jsgl.com/en/investor/register.html. After registration, investors will receive the link to watch live stream via the registered email.
  • Annual results announcement: https://www.jsgl.com/en/investor/notice.html
  • The presentation and the Q&A section will be in both English and Mandarin and will also be archived and available for replay.
  • You can ask questions in the “question area” of the page or by dialing in using the information below.

Investors can also dial-in to listen the audio of the live stream and to ask questions:

  • United States dial-in: 1-516-226 8028/1800 3876 988
  • Mainland China dial-in: 4008070263/ 023-62737100
  • Hong Kong dial-in: 852-3018 3602/800 931018
  • Singapore dial-in: 65-6407 5649/65-6622 0840
  • United Kingdom dial-in: 44-20-3761 0113/0800 0291098
  • English Passcode: 898958701#
  • Mandarin Passcode: 032514758#

After joining the conference call, participants can press *1 to raise hand to ask a question. Both English and Mandarin questions will be accepted.

Source:

1. The NPD Group/Retail Tracking Service, U.S. dollar sales, January-December 2022 vs. January–December 2021. “Cleaning appliances” include Bare Floor Cleaners, Upright Vacuums, Stick Vacuums, Robotic Vacuums, and Hand Vacuums

2. The NPD Group/Retail Tracking Service, U.S. dollar sales, January-December 2022 vs. January–December 2021. “Cooking appliances” include Air Fryers, Fryers, Electric Grills, Other Electric Grills/Griddles, Multi-Cookers, and Toaster Ovens

3. The NPD Group/Retail Tracking Service, U.S. dollar sales, January-December 2022 vs. January–December 2021. “Food preparation appliances” include Juice Extractors, Traditional Blending, Kitchen System, Single Serve Blending & Processing, and Traditional Food Processors

4. Global Small Home Appliance Industry Independent Market Research, Frost & Sullivan, March 2023

About JS Global

JS Global Lifestyle Company Limited (Stock code: 1691.HK) is a world-leading producer of small household appliances. It ranks fifth globally in the small home appliance industry and third among small home appliance-focused companies.4 It primarily operates three major brands: Shark, Ninja and Joyoung. The Company’s success is centered around its deep understanding of consumer needs, and is built on its strong product innovation and design capability powered by a global research and development platform, marketing strengths driving high brand engagement, and an omni-channel distribution coverage with high penetration.

About SharkNinja

SharkNinja is an innovation leader in the housewares industry and creator of the familiar household brands Shark® and Ninja®. SharkNinja provides the latest in easy-to-use innovative technology with a growing line of solutions that consist of Shark cleaning and home care products and Ninja kitchen appliances. Products are sold at major retailers and through distributors around the world. Ninja and Shark are registered trademarks of SharkNinja Operating LLC. SharkNinja is a subsidiary of JS Global Lifestyle Company Limited (Stock code: 1691.HK), a leader in small household appliance innovation.

About Joyoung

Joyoung (Stock code: 002242.SZ) is SharkNinja’s sister brand and has become a well-known small household electrical appliance enterprise and one of the market share leaders in China. Joyoung invented the first soymilk maker in China and closely connect the concept to plant-based solutions. With 28 years of experience and over 10,000 patented technologies, Joyoung specializes in the research and development, design, manufacturing, and sale of its innovative product categories including small household appliances, primarily focusing on kitchen appliances. Joyoung is a subsidiary of JS Global Lifestyle Company Limited (Stock code: 1691.HK), a leader in small household appliance innovation.

Media
Edmond Lococo, Managing Director, ICR Inc.
JSGlobalPR@icrinc.com

Company Contacts
Mars Chen, Investor Relations Manager, JS Global Lifestyle
mars.chen@jsgl.com

Arvind Bhatia, VP of Investor Relations at SharkNinja
ABhatia@sharkninja.com

Investor Relations
ir@jsgl.com

PR Newswire

U-tec to Launch All-new Smart Home Products at 2023 ISC West

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LAS VEGAS, March 26, 2023 /PRNewswire/ — Leading smart home brand U-tec is set to exhibit its comprehensive product lineup, new products and sub-brands at the 2023 ISC West, the largest security industry trade show in the U.S., which will be held from March 28 to 31 in Las Vegas. The company will be at booth #23067 at the Venetian Expo convention center.

Originally established as a smart lock brand, ULTRALOQ, U-tec has evolved to become a top security and automation system products provider, empowering every product line with innovation with advantages in differentiation. It is committed to creating new smart home products with through innovative technologies to help build a smarter and more convenient life. To date, U-tec has served more than 1 million customers worldwide.

At 2023 ISC West ,  U-tec will present the latest ULTRALOQ series products and solutions, including the new Bolt Series and the ULTRALOQ Air SaaS-based cloud platform.U-tec will debut a new intelligent lightbulb brand, Bright, and a smart home security camera brand named Ulticam, as well as the Power series products including smart switches and plugs.

“We are excited to participate in the 2023 ISC West trade show. U-tec’s growth strategy focuses on leveraging the U-tec whole home control cloud platform as the hub to connect smart locks, lighting, security cameras,switches and plugs, to build a new open and shared smart home ecosystem with the core technologies of AIoT and Cloud,” said Clark Ruan, Vice President of U-tec.

Bright: Smart lighting is a bright idea

Bright is the world’s first Wi-Fi mesh smart lighting bulb that enables users to control the lights from anywhere in the world and program the lights to turn off automatically when the room is empty.

The product is equipped with voice control, radar human detection and multiple controls to build a more secure home. It blends into the home with lights that dim and change color automatically, plus a High Energy Visible (HEV) light to kill bacteria when no one is around.

Ulticam: Your camera, your way

Aiming to achieve the “smartest way to keep your family safe,” U-tec is launching the newest home security camera that will help users to explore around the home regardless of where they are. The Ulticam series will bring a real sense of security to the home with a built-in-AI chip, people/vehicle/object recognition algorithm, that will connect to the mobile U-tec app, to change the way of protecting the home.

Its intuitive user interface makes it a breeze to get notifications to know what’s happening at home from anywhere – see, hear and speak to visitors in real time. The 24/7 monitoring and control sends email or text alerts.

U-tec’s products can be interlinked through IoT and cloud technology, bringing an integrated and comprehensive experience with the mobile app. To further integrate its smart solutions, U-tec is launching ULTRALOQ Air, a cloud-access control platform with unified hardware, software and services that solves the industry pain point of multi-site commercial property management.

“U-tec has come a long way in the security industry. We have the core technologies of Wi-Fi Mesh, Edge AI and battery life to create advanced products, as well as the end-to-end integration of R&D, production, design, sales and services that enables us to grow and make life smarter and better for people,” said Clark Ruan.

For more information, please visit https://u-tec.com.

About U-tec

Located in Silicon Valley, U-tec is setting new standards for smart home security with its best-in-class design and advanced technologies. Every day, U-tec helps keep more than 1 million North American customers and their assets safe.

PR Newswire

ICECO Announces the Launch of APL55 – A Next Generation of Portable Fridge

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CITY OF INDUSTRY, Calif., March 26, 2023 /PRNewswire/ — ICECO, a leading manufacturer of portable refrigeration solutions, recently announced the launch of its latest product – a portable fridge equipped with the company’s patented Flexi-Zone technology. The new fridge offers a unique and flexible cooling solution that can be easily adjusted to meet the needs of any outdoor adventure.

ICECO APL55 12V Refrigerator
ICECO APL55 12V Refrigerator

The ICECO APL55 is perfect for camping, road trips, and other outdoor activities. Its compact and lightweight design makes it easy to transport, while its powerful refrigeration system keeps food and beverages fresh and chilled for long periods of time.

ICECO APL55 is based on several local CA overland groups and several RVers working together to come up with a proposal. It has been designed since 2022, and after 3 versions of trial and error, it will be the first ICECO product of 2023 in the first quarter of 2023. And in addition to ICECO’s exclusive technology, ICECO has also added some more small functional features considering the user’s needs, which are completely different from most of the products currently on the market. For example, like app control, night breathing light, these unobtrusive features can significantly improve the user experience of the product.

ICECO’s new panel design clearly reflects the working status of the entire refrigerator. At the same time, ICECO surveyed and received feedback from customers about the APL55 panel. The screen brightness adjustment function allows users to adjust the brightness at any time and the APL55 can turn off all screen lights.

But what sets the ICECO APL55 apart is its innovative Flexi-Zone technology. This patented technology allows users to transform the fridge from a single-zone to a dual-zone unit, providing greater flexibility and control over the cooling process. With the Flexi-Zone technology, users can adjust the temperature of each zone independently, ensuring that their food and drinks are stored at the perfect temperature.

The lid has a slow descent function to ensure that the heavy lid does not smash the user’s hand and also eliminates the noise generated when closing the lid. The thickened insulation foam layer is the thickest and best-performance of all ICECO products. Compressor program adjustment reduces unnecessary operations and reduces loud noise during compressor start-up. Extra soundproofing foam is able to suppress the noise to about 38 dB.

The ICECO APL55 portable refrigerator is now available for purchase on the ICECO’s website. With its innovative features and competitive price, it is sure to become a popular choice for outdoor adventurers and anyone who needs a portable cooling solution.

PR Newswire

Rokid leads the charge in AR tech innovation with the new Rokid Max AR glasses set

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These best-in-class next-generation AR glasses go beyond with an aim of democratizing more affordable AR technology to a wider consumer base, offering users the high-quality portable cinematic viewing pleasure and crystal clear sound they expect from Rokid – in a go-to 75g super lightweight design device.

REDWOOD CITY, Calif., March 23, 2023 /PRNewswire/ — Following the success of its Rokid Air AR glasses, Rokid is launching its next-generation AR glasses – the Rokid Max (“Max”), which consumers can pre-order directly from Rokid Online Website (https://www.global.rokid.com/ ) from March 21, 2023.

Rokid Max
Rokid Max

A 215-inch boundaryless screen from 6 meters away with a maximum 120Hz refresh rate gives users a 50% larger display area than the previous generation and the already super wide field of vision (FOV) reach to around 50 degrees, making Max an impressive must-have for movie lovers of all ages.

These smart, comfortable, and myopia-friendly AR glasses allow everyone to enjoy them, including people with short sight. Max’s sophisticated, super slim (18.5mm wide) design means these birdbath optical Micro-OLED, 1920*1080P AR glasses’ lenses are thinner than other products on the market and they also reduce frontal light leakage by 90% so those outside your field of vision are limited in what they see on your AR display. The privacy that Rokid offers in its stunning new Max AR glasses means you can work, watch a movie or play a game in peace. Users can unlock new realities and bring their imagination to life, while leaving no world unexplored.

Max uses Sony Semiconductor Solutions Corporation’s panel for sharper picture quality,  ensuring every detail when users are watching their favorite films anywhere they happen to be. At just 0.16lbs (75g) their super lightweight design is even less than predecessors, making Max an easily portable MAX-theater experience to enjoy on-the-go. With a foldable design, these savvy AR glasses can be carried in a pocket or bag, so users can make the most of them anywhere.

Max supports seamless diopter adjustment from 0.00 to -6.00, so during the adjustment process, the screen will not become smaller due to the adjustment. This enables users to enjoy a stunning visual without any impairment and, acknowledged for its eye comfort protection, with independent tester certification from TÜV Rheinland, Rokid’s AR glasses enable everyone to enjoy an exceptional visual experience. 

Perfect for keeping users’ hands free while still getting things done, Rokid’s perfectly balanced ergonomics and aesthetics design means Max guarantees comfort, no matter how long users use these smart AR glasses. Users might even forget they are wearing them at all.

But these Rokid Max AR glasses go beyond what the humble spectacles do, thanks to the Rokid AR app, which is downloadable on Google Play Store. Since Rokid Max is HDCP compliant, consumers can connect their mobile devices to the Rokid Max to surf the internet or watch high-bandwidth digital content through various streaming services.

Hui Du, Head of Rokid Hardware Design Center, explained: “Everyone can enjoy stunning image quality, cinematic sound, riveting large-screen gaming experience, and limitless entertainment anywhere they go thanks to our Rokid Max AR glasses. The Rokid Max offers an immersive movie and gaming experience, so buyers can take their favorite games and shows out with them, wherever they go.

The design inclusion of those who are nearsighted supports the Rokid ‘s mission of ‘Leave Nobody Behind’. Rokid Max AR glasses are perfect for technology lovers, game enthusiasts, movie goers who want to have the latest AR innovation in their lives.

Shipping of the Rokid Max AR glasses begins at the end of April 2023 for only $439, for delivery during May, so invest in yours now by visiting https://www.global.rokid.com/

Rokid is actively exploring solutions to expand compatibility across different devices to meet the needs of various users. Whether consumers are Android or Apple users, the company is researching and developing products to provide additional plug-and-play solutions that have been released in China and are coming to consumers in the USA in the near future.

About Rokid

Rokid, a product platform company founded in 2014, focuses on human-computer interaction technology. Currently, Rokid is working on the research and development of hardware and software products such as AR glasses and the YodaOS operating system.

Through the research of speech recognition, natural language processing, optical display, semiconductor platform, and hardware design, Rokid has developed a range of augmented reality (AR) glasses for customers such as the Rokid Air consumer AR glasses that were released in 2021.

To date, the company’s products have been sold and used in over 80 countries and regions worldwide. https://www.global.rokid.com/

Media Contact: 
Michelle Xu
media@rokid.com 

PR Newswire

ILIFE brings a self-emptying station to its latest robot vacuum and updates its vacuum lineup

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SHENZHEN, China, March 15, 2023 /PRNewswire/ — ILIFE Technology, a world-leading manufacturer and innovator specializing in household cleaning devices, extends its product line to T-series by releasing its newest self-empty robotic vacuum cleaner T10s today. The new product comes with a self-empty station and brings customers 60 days of hands-free cleaning. It will meet the needs for most customers with a surprising price.


High-Performance Self-Emptying Station: Featuring up to 20KPa cyclone dust-collection technology, the self-empty station thoroughly empties the robot’s dustbin in 20 seconds after cleanup in a more efficient way without clogging. The large-volume disposable 2.5L dust bag can hold up to 60 days of dust and debris. So users merely need to empty the dust bag to enjoy total 60 days of hands-free convenience.

Precise LiDAR Navigation with 2X Quicker Mapping: With 4K/S SLAM LiDAR navigation, the robot intelligently maps home floors within seconds and creates the most efficient cleaning path to ensure higher coverage. It can scan and save up to 5 floor maps and users can customize the cleaning mode, suction level, and water level for each room. Equipped with advanced anti-collision sensors, T10s also dodges daily objects on its cleaning way and detects narrow spaces to avoid getting stuck thanks to its ultra-slim design and strong anti-tangling ability.

Remarkable Cleaning with Advanced App Features: Powered by 3000Pa suction, the robot’s 2-in-1 vacuum & mop combo effortlessly captures debris, particles, dust, and stubborn stains for a deep clean on multi-surface from hardwood floors to carpets with its automatic carpet suction boost. Users can get a customized clean based on needs to set up schedules, no-go zones, and more via the app with enhanced features. Alternatively, users can instruct the robot with just a few words by using Alexa or Google Home, “Hey, Alexa, turn on ILIFE robot” to enjoy home cleaning.

Availability&Affordability: T10s is now available for purchase on Amazon and ILIFE official store. Buyers can save $120 with coupon at only $399.99 today for early bird benefit.

Earlier this month, ILIFE also updated its wet-dry vacuum lineup with the ILIFE W90, a 3-in-1 wet dry vacuum cleaner aiming at daily hard floor cleaning, which can vacuum, mop, and wash simultaneously. Though only launched a few days, it was welcomed by the customers with positive feedback. The product is available on Amazon and ILIFE’s official store. It generally retails for $249.99, but buyers can save big at only $179.99.

About ILIFE Technology

Founded in 2010, ILIFE Technology is an intelligent cleaning company focus on cleaning products including robot vacuums, floor washing machine and cordless vacuum cleaners. Follow us on Facebook, Youtube, Instagram. For more information, please visit: https://www.iliferobot.com/.

PR Newswire

LG’S INVERTER DIRECT DRIVE MOTOR REACHES MILESTONE WITH 100 MILLION UNITS PRODUCED

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A Key Component of Premium LG Washing Machines for More than Two Decades, Company’s Innovative Motor Technology Continues to Evolve for Excellence

SEOUL, South Korea, March 10, 2023 /PRNewswire/ — LG Electronics (LG) announces that production of its Inverter Direct Drive™ (DD™) motor has exceeded 100 million units. The company’s differentiated motor technology is a major factor in the strong, reliable performance and continuing global popularity of LG’s industry-leading laundry solutions.

LG's laundry solution equipped with Inverter Direct Drive Motor
LG’s laundry solution equipped with Inverter Direct Drive Motor

LG’S Inverter Direct Drive motor reaches milestone with 100 million units produced
LG’S Inverter Direct Drive motor reaches milestone with 100 million units produced

LG’S Inverter Direct Drive motor reaches milestone with 100 million units produced
LG’S Inverter Direct Drive motor reaches milestone with 100 million units produced

LG WashTower(TM) equipped with Inverter Direct Drive Motor
LG WashTower(TM) equipped with Inverter Direct Drive Motor

From 1998 to the end of 2022, the company produced, on average, over 12,000 Inverter DD motors per day. LG’s Inverter DD motor connects directly to the washing drum, an innovation that helps make LG washing machines more durable and dramatically reduces noise and energy consumption during operation.

LG has refined the Inverter DD motor over four generations, continuously improving the technology and its performance capabilities to deliver greater customer value. The company holds over 240 Inverter DD motor related technology patents in Korea and internationally. In 2019, the company applied Artificial Intelligence (AI) to the Inverter DD motor to further enhance its efficiency and effectiveness. Used in LG’s premium washing machines and dryers, the AI DD motor leverage deep learning technology to detect the weight of each load and the types of fabrics being washed. It then selects the optimal combination of drum movements from the company’s proprietary 6 Motion tech – which enables six discrete drum movements – to care and clean for users’ laundry.

Last year, LG brought its advanced Inverter DD motor to its dryers for the first time. Like the company’s washers, LG dryers also offer 6 Motion (Tumble, Swing, Rolling, Stepping, Scrubbing, and Filtration) technology to boost drying performance and minimize fabric damage. LG’s inverter motor technology – specifically, the AI DD – became the first home appliance technology to earn Deep Learning AI Verification from global safety science company, UL (Underwriters Laboratories).

“The number of Inverter DD motors produced points to the excellence of the motor technology LG has developed for its premium laundry solutions,” said Kim Yang-sun, head of the Component Solution Business Unit at LG Electronics Home Appliance & Air Solution Company. “We will continue to create highly efficient core components that boost the performance and reliability of our products while also reducing carbon emissions during operation.”

About LG Electronics Home Appliance & Air Solution Company

The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home solutions, air solutions as well as visionary products featuring LG ThinQ AI. The company is creating various solutions with its industry leading core technologies and is committed to making life better and healthier for consumers by developing thoughtfully designed kitchen appliances, living appliances, HVAC and air purification solutions. Together, these products deliver enhanced convenience, superb performance, efficient operation and compelling health benefits. For more news on LG, visit www.LGnewsroom.com.

Source: LG Electronics, Inc.

PR Newswire

Enabot announces Kickstarter crowdfunding campaign for their new product EBO X

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The shipment of all Kickstarter orders will start in May.

SHENZHEN, China, March 10, 2023 /PRNewswire/ — Enabot, an emerging family robotics company, announced the launch of a Kickstarter crowdfunding campaign for their new family robot companion, EBO X. The company is striving to make the EBO X the industry-first commercialized household robot, which is now available for pre-order on Kickstarter. Early backers can save up to 43% at a special price of USD 569 before it becomes available for sale online at a retail price of USD 999. 

Following its debut at CES 2023, the EBO X received multiple recognitions from the industry and media. After being named a CES 2023 “Innovation Awards Honoree” in both the Smart Home and Robotics product categories, the EBO X was also recognized as “The Best Smart Home Tech of CES 2023” by PC Mag and “Top Tech of CES 2023 Awards” by Digital Trends, among other accolades from top-tier media. Furthermore, the Kickstarter editors have selected the crowdfunding campaign for the EBO X as the “Project We Love” even prior to the campaign’s official launch.

The highly anticipated robot is now closer to becoming available to customers worldwide. The initial shipment of orders placed on Kickstarter will take place in May, with the product becoming commercially available later in the second quarter of 2023.

A Versatile Three-in-One Home Guardian

The EBO X is an advanced home robot offering superior versatility with its powerful hardware and software. It is not only a mobile homebot with Alexa built in and V-SLAM navigation, but an all-round smart home device with a 4K stabilized camera supported by Color Night Vision and a premium speaker customized by Harman AudioEFX.


While it serves as a guardian with its agile home security and health alert system, it can also be the companion and playmate for your family, providing flexible remote communication and diverse home entertainment experiences.


A Compact Intelligent Home Robotics Solution

The power of robotic intelligence of the EBO X relies on the computing components housed in its compact soccer-sized spherical body. The EBO X is equipped with the improved X3M chip, which is built using a dual-core BPU structure and can perform 5 trillion operations per second. This, in combination with the tens of thousands of hours of training data, enables the EBO X to quickly create a map of your home using V-SLAM technology, thus allowing for precise area division and organization.

The EBO X is equipped with a strong and sturdy structure, making it effortless to manoeuvre. Its unique two-wheeled self-balancing design gives it the ability to move around with great accuracy and flexibility. Furthermore, with the help of the integrated dTOF and ALS sensors, the EBO X is able to avoid any potential harm caused by accidentally crossing boundaries or running into objects.

To offer solid performance in computer vision, the EBO X features a 4K camera with a one-axis stabilization system and an adjustable vertical angle within a range of 104°. It is equipped with an 8-megapixel ultra low-light sensor and provides an impressive 106° super wide FOV. Complementing this outstanding visual capability, the EBO X also comes with a four-microphone array and reliable far-field sound sensors, enabling it to identify the source of the sound quickly and accurately. When you talk to it, the device will turn towards you, getting ready to listen.

With all these advanced intelligent features in place, the EBO X can perform sophisticated tasks such as smart tracking — If your child says “EBOEBO, follow me!” , the EBO X will follow them wherever they go, like a faithful companion.

An All-round Home Robot that Keeps Your Family Safe, Connected and Entertained

The EBO X is designed to act as a “smart guardian”, offering its users helpful features while they are away from their family. Particularly, for your elderly loved ones, the EBO X offers the Elderly Fall Alert feature, which can detect if an elderly person has fallen via its pose inspection algorithm. Through the App, you can even set up a Medication Reminder that triggers the EBO X to identify the elderly family member through facial recognition and provide voice reminders about the medications.

Additionally, to secure your family from emergency, the EBO X’s Certain Areas Intrusion Alert allows users to designate certain places on the map as off-limits and will notify them if someone unauthorized enters the area, such as a child. If a child is crying or anyone at home is experiencing an emergency and calling for “HELP”, the EBO X will detect it and trigger an App call to the users.

The EBO X, a smart home device that connects people with those they care about, allows for vivid and steady real-time two-way conversations with the EBO Home App, powered by a 4K Stabilized Camera. It permits multiple members of a family to log in and chat together at once. As each family member interacts, they can observe each other from the EBO X’s point of view. Users can even leave their relatives a message by typing a text that will be transformed into a voice message by the EBO X, or set up reminder tasks using the EBO Home App to keep your loved ones organized. What’s more, the EBO X is also created to be your pet’s companion. It can snap pictures from a low angle of your furry family members, acting as their personal photographer.

The EBO X is designed to be a fun and engaging companion. Logging into your Alexa account gives you easy access to the EBO X and its ability to connect to any Alexa service. This connection allows you to control any IOT devices that are in your home. The speaker, powered by Harman AudioEFX, will give you an amazing sound experience while streaming your favorite music. Additionally, the dynamic lighting effect will alter in response to the rhythm of the song that’s playing.

A Commitment to Protecting User Data Privacy

We designed EBO X with privacy protection as a priority. All content can be stored on a local memory card, if desired. There are three ways you can protect your privacy while using the EBO X: an on-off toggle switch in the App to deactivate the camera, a physical shutter to cover the camera, and a privacy button on the EBO X to shut off both the camera and microphone.

Play stay tuned with the latest update on the crowdfunding campaign for the EBO X on Kickstarter and Enabot’s Facebook. To view the Enabot EBO X in action, please visit the Enabot YouTube channel.

About Enabot

Enabot is a family robot company whose team with great industry resources and extensive experience in the development, design, and manufacturing of consumer-grade robotic products.

Enabot believes our lives can be improved by intelligent family bots. Our vision of a technology ridden world is positive, with robots being part of the solutions to daily problems, allowing people to focus their time on what matters the most: to be there for the ones we love. By connecting people, we are dedicated to promoting love, companionship and sharing.

Discover more about Enabot here.

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PR Newswire

The Physical 133rd Canton Fair Prepares Worry-free Services and Cordially Invites You to Reunite in April

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GUANGZHOU, China, Feb. 17, 2023 /PRNewswire/ — The 133rd China Import and Export Fair (“Canton Fair” or “the Fair”), scheduled to open in April 2023, will fully integrate online and physical exhibitions as China’s entry policy is adjusted and opened up. Canton Fair invitation application and pre-registration for Buyer Badge have started recently to help global buyers complete attending procedures in a timely and smooth manner for joining the offline exhibition. 


The BEST platform is an online multifunctional tool, free of charge, built up by Canton Fair especially for global buyers. Global buyers can log in BEST to apply for invitation, pre-register for Buyer Badge, invite friends to the Canton Fair, search for products and exhibitors, manage personal or company information, and enjoy business travel services. The Canton Fair has optimized operating procedures of the BEST platform to improve the overall efficiency and experience of global businessmen and better support them to join the physical exhibition. 

New buyers attending the Fair for the first time can register a new account on BEST for free, and apply for an invitation after pre-register for a Buyer Badge. The process is simple, clear, convenient, and fast. After the pre-registration has been approved, buyers can pick up their badges at the registration offices of the Canton Fair Complex in Guangzhou or the Fair’s Hong Kong office with the “Return Receipt” and valid identity documents for a worry-free trade show tour. 

With the 133rd Canton Fair to take place soon, its offline exhibition will launch in 3 phases. The Canton Fair Complex’s new expansion project will also be put into use for the upcoming edition, increasing its total exhibition area to 1.5 million square meters from 1.18 million square meters. The 2023 spring Canton Fair will also optimize its exhibition categories based on new trends in international trade and the demands of global traders. With a comprehensive upgrade of exhibition scale and services, the 133rd Canton Fair will present limitless business opportunities. 

The Canton Fair looks forward to welcoming worldwide businessmen to Guangzhou, China. Please visit BEST to stay posted, and prepare for exhibition matters in advance (https://invitation.cantonfair.org.cn/BuyerUser/RegisterUser?MediaType=16).

For other inquiries, please contact: Ms. Wu, service@cantonfair.org.cn

PR Newswire

LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

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Equipped with Advanced AI Software, Company’s New, High-efficiency VRF Solution Delivers a Smarter, More Comfortable Indoor Environment

SEOUL, South Korea, Feb. 8, 2023 /PRNewswire/ — LG Electronics (LG) has announced the launch of the new Multi V™ i, a Variable Refrigerant Flow (VRF) solution equipped with the company’s highly evolved AI engine, in key global markets starting from Europe. Suitable for mid- to high-rise buildings, such as offices, schools, shopping malls, apartment buildings and hotels, the energy efficient Multi V i comes with a range of differentiated, smart features that help reduce energy consumption and deliver a more comfortable indoor environment – and a quieter outdoor environment – all-year-round.

LG Multi V™ i with 26HP as a single frame, VRF cooling and heating solution
LG Multi V™ i with 26HP as a single frame, VRF cooling and heating solution

AI Smart Care

The Multi V i’s sophisticated AI engine enables AI Smart Care, which leverages spatial and situational learning to optimize operation; adjusting cooling or heating power according to several variables, including the number of people in the room, humidity levels, and indoor and outside ambient temperature. This enables the product to improve energy savings by up to 24.7 percent.1 Meanwhile, AI Indoor Space Care helps maintain a steady temperature and reduce energy consumption by automatically turning on indoor units in occupied areas, and turning them off in unoccupied areas.

LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE
LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

AI Energy Management

Another efficiency-focused feature, AI Energy Management allows users to set energy consumption targets, which can help to lower the overall power usage of the Multi V i.

LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE
LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

Noise Target Control

The Multi V i also helps to enhance the comfort of those living in neighboring buildings or houses. Users can set an operational noise limit (from 50 to 70 decibels2) in advance to ensure that the sound produced by the outdoor unit does not exceed the level of volume they’ve specified.

LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE
LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

Weather Information Interlocking Control

Providing smart performance and convenience, the Weather Information Interlocking Control feature of LG’s VRF solution automatically selects custom operation modes – including Automatic Pre-heating and Automatic Snow Removal – based on the weather conditions.3 Automatic Pre-heating allows users to enjoy a warm indoor environment, even on the coldest days of the year, by automatically heating the room in advance, while Automatic Snow Removal prevents snow from accumulating and freezing on the outdoor unit.

LG Multi V™ i with 26HP as a single frame, VRF cooling and heating solution
LG Multi V™ i with 26HP as a single frame, VRF cooling and heating solution

Powerful Performance

Boasting powerful, dependable performance even in extreme weather conditions, the Multi V i has surpassed its predecessor, the Multi V 5, to become the most energy efficient LG VRF solution yet. 4 The unit’s newly designed biomimetic fan and an enhanced air-flow path combine to reduce fan-motor power consumption,5 resulting in improved energy savings. LG’s outstanding, new model can provide fresh, comfortable indoor air in any season, working at full cooling capacity in temperatures up to 43 degrees Celsius6, and full heating capacity in temperatures as low as negative 10 degrees Celsius.7

AI Smart Up

The Multi V i’s AI engine powers a variety of smart features, such as Auto Tuning and Remote Upgrade, which help to improve convenience and the overall user experience. The Auto Tuning system automatically tunes the compressor and motor during initial installation or when they need replacing, allowing for faster and easier setup and servicing. Meanwhile, with the Remote Upgrade system, LG’s VRF solution can be automatically updated to the latest software version without an on-site service visit. Furthermore, the Multi V i offers AI Smart Diagnosis, which provides automated system analysis and easy-to-read status reports to help reduce service times and boost reliability.

“Boasting our outstanding AI engine, the new Multi V i offers enhanced energy-savings, a more pleasant indoor environment and exceptional convenience,” said James Lee, head of the Air Solution Business Unit at LG Electronics Home Appliance & Air Solution Company. “LG will continue to deliver complete air solutions leveraging its cutting-edge AI and industry-leading HVAC technologies.

1 Tested internally following KS Test Standard (KS B ISO 15042:2006) using 24 horespower (HP) model Multi V i. Results may vary depending on the applied model, local temperature and actual environment.

2 Available setttings are 50, 55, 60, 65 and 70 decibels.

3 The Weather Information Locking Control can be used by connecting the AccuWeather app to the ThinQ server.
Results may vary depending on the applied model, local temperature and actual environment.

4 15 percent increase in energy efficiency compared to LG Multi V 5 (8HP) according to Energy Efficiency Rating (EER). Tested by Eurovent using testing models ARUM080LTE6 (Multi V i) and ARUM080LTE5 (Multi V 5). Results may vary depending on usage environment.

5 Power consumption of model RPUX202X9E (Multi V i) reduced by 12 percent compared to model RPUW20GX9E (Multi V 5).

6 The Multi V i can provide reliable cooling operation in temperatures (outdoor) ranging from negative 15 to 52 degrees Celsius (dry-bulb) and can operate at the full capacity in temperature as high as 43 degrees Celsius (dry-bulb). Based on LG Multi V i performance data in LG’s Product Data Book (PDB).

7 The Multi V i can provide reliable heating operaton in temperatures (outdoor) ranging from negative 30 to 18 degrees Celsius (wet-bulb) and can operate at the full capacity in temperature as low as negative 10 degress Celsius (wet-bulb). Based on LG Multi V i performance data in LG’s PDB. Results may vary depending on the applied model, local temperature and actual environment.

About LG Electronics Air Solution Business Unit

LG air conditioning provides optimized solutions for every sector and climate with a wide range of cutting-edge systems that bring exceptional heating, ventilation and air conditioning performance to buildings worldwide. Through our unmatched expertise and industry knowledge, we respond directly to the needs of businesses seeking digitalized and eco-conscious HVAC solutions. We are the partner your business has been looking for, and are well prepared to integrate our leading technology into your day-to-day operations, supporting you and your business every step of the way. For more information, please visit www.LG.com.

Source: LG Electronics, Inc.