BusinessDay 21 Sep 2017
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
20<br />
BUSINESS DAY C002D5556 Thursday <strong>21</strong> <strong>Sep</strong>tember <strong>2017</strong><br />
Retail & Consumer Business<br />
LG excites consumers with its newest technology<br />
There is no doubt<br />
<strong>2017</strong> has been an<br />
interesting year for<br />
consumers of electronic<br />
products all<br />
over the world, as the finest<br />
of innovative breathtaking<br />
products were introduced<br />
into the market ranging from<br />
OLED televisions to washing<br />
machines, sound systems,<br />
robotic technologies, air conditioning<br />
units, refrigerators<br />
among others.<br />
Leading electronics companies<br />
are choosing to bring<br />
consumers up to speed with<br />
imminent technologies, their<br />
benefits as well as the significant<br />
difference they are<br />
expected to make in their<br />
day to day lives. One of such<br />
companies is LG Electronics<br />
with its smart ecosystem and<br />
user-centric products.<br />
Every year, technological<br />
advancements are witnessed<br />
here and there with appliances<br />
evolving every day to<br />
meet the unending needs of<br />
average consumers. This has<br />
kept companies on their innovative<br />
toes gazing into the<br />
crystal world of technology to<br />
predict what would likely be<br />
the next user trends and how<br />
to meet it.<br />
It is in this light that LG<br />
Electronics has carved a niche<br />
for itself as a company that<br />
is ever ready to push a little<br />
further beyond the precincts<br />
of innovation and altering<br />
known conventions. Obviously,<br />
it has resulted in the<br />
designing of mind blowing<br />
products, one of which is<br />
the InstaView Door-in-Door<br />
refrigerator with knock code<br />
and an inverter linear compressor<br />
boosting overall energy<br />
efficiency.<br />
InstaView Door-in-Door<br />
has impressed media and<br />
industry insiders alike with<br />
its never-before-seen 33-inch<br />
sleek glass panel and array of<br />
innovative features. In addition,<br />
the interior is illuminated<br />
when the panel is knocked<br />
on twice. This allows users<br />
to see inside without ever<br />
opening the door or wasting<br />
cold air, transforming the way<br />
consumers use refrigerators<br />
from an appliance they have<br />
to open to see what’s inside to<br />
one they can see inside before<br />
opening.<br />
Moreover, the spacious<br />
Door-in-Door compartment<br />
allows users to easily store<br />
frequently accessed snacks<br />
or beverages. The refrigerator’s<br />
storage space can be<br />
effortlessly accessed using<br />
the hidden button under the<br />
refrigerator door while also<br />
granting users a wider view<br />
of the items stored inside, offering<br />
the utmost in flexibility<br />
and convenience. By reducing<br />
Life in Recession<br />
How Nigerians are struggling to survive<br />
If you want to contact the writer of this story<br />
call: +234(0) 803 889 1567, +234(0) 802 223 8495.<br />
chinwe.agbeze@businessdayonline.com<br />
cold air loss by up to 41 percent,<br />
the compartment keeps<br />
food fresher longer.<br />
Early this year, we saw<br />
the introduction of impressive<br />
collections of robotic<br />
technology from LG which<br />
includes; Lawnmower Robot,<br />
Hub Robot, Hom-Bot,<br />
Airport Robot and Airport<br />
Cleaning Robot. This has<br />
clearly placed it far ahead of<br />
its competition as a dynamic<br />
and adaptive technological<br />
leader. For instance, the<br />
Hom-Bot combines powerful<br />
cleaning performance with<br />
home security features and<br />
DeepThinQ technology allowing<br />
vacuum to adapt to its<br />
routine as it cleans the house.<br />
While the Airport robot on<br />
the other hand is designed<br />
basically with travellers in<br />
mind, answering questions<br />
in a number of languages in<br />
order to streamline air travel.<br />
As industry watchers look<br />
forward to LG Electronics<br />
newest innovative products<br />
as the year gradually winds<br />
down, the V30 is obviously<br />
one of the products to look<br />
out for as it prepares to up<br />
the game in the evolution of<br />
premium smartphones with<br />
Dollar a day<br />
Sweeper says paying children’s school fees is her greatest worry<br />
Name: Beauty Japhet<br />
State of Origin: Delta<br />
State<br />
Dependents: Three children<br />
Business: I sweep people’s<br />
compounds for a living<br />
and I have been doing this<br />
business for seven years<br />
now. I also do laundry jobs<br />
but that does not come<br />
often.<br />
Currently, I sweep three<br />
compounds all in Ikotun<br />
area of Lagos but because of<br />
the situation in the country,<br />
some people still owe me<br />
while others say they no<br />
longer need my services.<br />
My husband was into<br />
sliding doors and windows<br />
but he went back to the village<br />
two years ago in search<br />
of another job. Business had<br />
been bad for him and he<br />
could not get another job in<br />
Lagos but since he travelled<br />
back to the village he has not<br />
found any job. He only calls<br />
once in a while to check on<br />
us when he has money to<br />
buy airtime which in once<br />
in many months.<br />
Profit: I sweep three<br />
compounds thrice in a<br />
week. In one of the compounds,<br />
I’m paid N2,000<br />
monthly and the other two,<br />
I get paid N2,500 and N4,000<br />
monthly but I’m still being<br />
owed.<br />
Sometimes people call<br />
me for laundry jobs and<br />
pay me between N300 and<br />
N1,000 depending on the<br />
quantity of the clothes. I also<br />
clean people’s houses but<br />
it’s once in a while.<br />
I hardly get favours like<br />
before and people are not<br />
Beauty Japhet<br />
Analysts: Chinwe Agbeze, Stephen Onyekwelu<br />
so many first to its advantage<br />
like; the first F1.6 aperture<br />
camera lens, the first glass<br />
Crystal clear lens; the first<br />
OLED full vision display; Cine<br />
Video mode for producing<br />
movie quality and so many<br />
other features on it.<br />
When it is eventually<br />
launched, the V30 will be the<br />
first global smartphone to support<br />
MQA (Master Quality Authenticated)<br />
technology which<br />
allows streaming of high-resolution<br />
audio. This technology<br />
enables it to capture the sound<br />
of original studio master and<br />
folds into smaller file to make<br />
high-resolution audio easy to<br />
stream. The much anticipated<br />
LG V30 is an improvement<br />
from the V phone series with<br />
new mobile experience and<br />
optimal multimedia features.<br />
Taeick Son, managing director,<br />
LG Electronics West<br />
Africa operations, said: “LG<br />
will continue to give the<br />
industry something to talk<br />
about as far innovation is<br />
concerned.<br />
‘‘Right from the beginning<br />
of the year, we have churned<br />
out cutting-edge technological<br />
products to ensure<br />
that our consumers are expectations<br />
are fully met. For<br />
the remaining part of the year<br />
we will definitely, introduce<br />
more mind blowing products<br />
that will shake the industry I<br />
giving me gifts the way<br />
they were giving me last<br />
year. They called me more<br />
last year for laundry jobs<br />
than this year. After working<br />
for people, when it gets<br />
to the time to pay, they will<br />
start complaining saying<br />
they don’t have money to<br />
pay. I cannot pay my children’s<br />
school fees now and<br />
feeding is even another<br />
problem.<br />
School fees: I have not<br />
paid my children’s school<br />
fees since <strong>Sep</strong>tember last<br />
year. Out of pity, the proprietress<br />
of Heritage Nursery<br />
and primary school in Abaranje,<br />
my children’s school<br />
does not collect school fees<br />
for my daughter who is in<br />
Nursery two. She told me<br />
to pay N15,000 for the fees<br />
of my two children but still<br />
can assure you of that.”<br />
The next generation of<br />
smartphone will need to expand<br />
beyond the camera and<br />
the display and focus on the<br />
whole experience of content<br />
generation and consumption<br />
including connectivity<br />
and audio. The camera is no<br />
doubt one area innovation is<br />
transforming the smartphone<br />
market today.<br />
The V30 is supported by<br />
Optical Image Stabilization<br />
(OIS), Electronic Image Stabilization<br />
(EIS) and Hybrid<br />
Auto Focus that combines<br />
both Laser Detection Auto<br />
Focus and Face Detection<br />
Auto Focus. Consumers are<br />
already salivating for the next<br />
technological products that<br />
will shape the years ahead<br />
with regards to LG Electronics<br />
their trusted brand.<br />
With the V30 photo capturing<br />
will be more advanced<br />
with users able to select professional<br />
images from the<br />
Graphy website or mobile<br />
app and apply the same presets<br />
such as white balance,<br />
shutter speed, aperture and<br />
ISO to photos taken with<br />
the V30. This is in line with<br />
what analyst have predicted<br />
about the next generation of<br />
devices focusing on features<br />
that would allow consumers<br />
to be more productive with<br />
their phones.<br />
I still cannot afford that.<br />
The location of the public<br />
school is far from our<br />
house and my children are<br />
still very tender.<br />
House rent: My landlord<br />
has been on my neck to pay<br />
the rent or vacate his house<br />
but I’m still begging him<br />
hoping that my debtors will<br />
pay me so I can pay part of<br />
what I owe him. I pay N2,000<br />
every month and the last<br />
rent I paid was in June last<br />
year.<br />
Challenge: I want my<br />
children to go back to school<br />
because education is more<br />
important. If I had gone to<br />
school, I won’t be a sweeper<br />
and life would have been<br />
better for my family. I also<br />
want to start selling foodstuff<br />
because it’s a very profitable<br />
business.