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Why NFT adoption is so high in South Korea

South Korea’s reputation as a trend-setter and leader in technological research is quickly spilling into the blockchain realm as nonfungible token (NFT) adoption has skyrocketed in the small East Asian country. As of 2020, South Korea has been among the top-10 countries in the world in the Global Innovation Index by the World Intellectual Property Organization. That level of innovation is made apparent to global retail consumers by tech giants such as Samsung and LG and to gamers through game maker Krafton. Those companies, and many like them, are now also delving into the NFT space by dropping new collections to customers and launching divisions of their company dedicated to developing NFTs. There may be several reasons for the eagerness to expose retail consumers and the general public a...

LG Electronics adds blockchain and crypto as new areas of business

South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter.  According to a local South Korean news report, LG added two distinct crypto-related objectives during its annual general meeting on Thursday, March 24. The objectives include “the development and selling of blockchain-based software” and “the sale and brokerage of cryptocurrency,” which led to conjecture whether LG would establish some form of crypto exchange. When asked about the company’s intention to start its own exchange or platform, an LG spokesperson tempered any speculation, stating, “Nothing has been decided yet. We just mentioned business areas in a broad manner.” Rumors concerning LG creating a crypto-related marketplace emer...

Samsung, LG and Other Companies Face #ShutdownSA Fires and Looting

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LG Unveils 2021 TV Line Up

/* custom css */ .tdi_3_0a1.td-a-rec-img{ text-align: left; }.tdi_3_0a1.td-a-rec-img img{ margin: 0 auto 0 0; } LG South Africa has unveiled its 2021 Home Entertainment line-up, including the OLED evo range. “When it comes to TV and home entertainment, the LG Self-Lit OLED range is the irrefutable best TV range on the market-beating all other TVs with the best picture quality and most advanced panel technology in existence,” says Lance Berger, Home Entertainment Sales Head at LG. “We’re sure to continue the trend which has given LG the title of the world’s best-selling OLED brand for the past eight consecutive years. Our Self-Lit OLED TV delivers the best ‘hometainment’ experience, with the TV line-up for South Africa in 2021 promising to be the most impressive yet!” LG’s OLED TVs series –...

HHW Gaming: DJ Khaled & Megan Fox Will Kick Off’s LG’s Only on OLED Campaign With ‘Fortnite’ Face Off

HipHopWired Featured Video Source: LG OLED / LG’s Only on OLED Campaign This might be the most random Fortnite battle ever, and we are very intrigued. Announced on Monday (May 10), Korean-based electronics company LG (Life’s Good) has enlisted the help of We The Best Music general DJ Khaled and actress Megan Fox to kick off its new Only On OLED campaign. The two superstars of their respective fields will bump heads in Epic Games’ highly addictive video game Fortnite. The Only On OLED campaign will feature not only a celebrity gaming face-off series but also a “docu-style short films featuring professional star athletes, and exclusive sneak peeks at never-before-seen content from some of this year’s most anticipated movie releases available only on LG TV’s FOMO Channel app on its webOS...

LASIEC unveils guidelines for forthcoming council election

The Lagos State Independent Electoral Commission (LASIEC) has unveiled guidelines for the forthcoming local government election scheduled for July 24. LASIEC Chairman, Retired Justice Ayotunde Philips, in the guidelines issued on Saturday, said the commission had fixed N150, 000, N100, 000 and N75, 000 as nomination forms fees for the chairmanship, vice-chairmanship and councillorship candidates, respectively. “Political parties are required to obtain the following LASIEC Forms: LASIEC 001, LASIEC 002, and LASIEC 008 for their candidates as from May 4. This ends at 12 noon, May 5 at the commission’s headquarters, Sabo-Yaba, Lagos. “LASIEC form 001 must be completed and returned to the commission by the political parties not later than June 4,” Philips said. She said that each candidate was...

PDP wins all seats in Rivers council election

File Photo In line with expectation and trends in other parts of the country, the ruling Peoples Democratic Party, PDP, in Rivers has been declared the winner of all the chairpersons and councillorship seats contested for in the State local government election held on Saturday. The announcement that the PDP won all the seats contested for in the 23 Local Government Areas of Rivers was made by the State Independent Electoral Commission, RSIEC, in Port Harcourt on Sunday. However, one of the parties that participated in the election, the Social Democratic Party, SDP has described the poll as a ‘sham’ while calling for the resignation of Chairman of RSIEC, Justice George Omereji [rtd]. The party also called for cancellation of all the results of the election. The SDP councillorship candidate ...

LG to Quit the Manufacturing and Sales of Smartphones

LG has announced that it is closing its loss-making mobile business unit – a decision approved by the board of directors. The tech company says this will allow it to “focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services”. According to LG, it will still provide service support and software updates for customers of existing mobile products for a period of time which will vary by region and it will also work with suppliers and business partners throughout the closure of the mobile phone business. Moving forward, LG says it will continue to leverage its mobile expertise and develop mobility-related technologies such as 6G to help further streng...

#EndSARS: Lagos assembly committee commends council chairmen’s resilience

Member of the Lagos State House of Assembly, Mr AdbulSobur Olawale, has commended the Executive Chairman of Ajeromi Local Government, LG, Mr. Fatai Ayoola, management and staff members for the resilience to rebuild the Secretariat that was destroyed during the aftermath of the ENDSARS protest. Olawale, who is also the Chairman of, House Committee on Local Government and Community Relations, disclosed that the Secretariat was among those government facilities that were destroyed by hoodlums during the aftermath of the ENDSARS protest. In the same view, the lawmaker applauded Council Chairman of Ifelodun Local Council Development Area, LCDA, Mr Shaibu Ajidagba for building the legislative chamber during his tenure in office. Speaking with journalists, after the oversight function to both Aje...

Oyo Amotekun leader dies in accident caused by pothole

A leader of Western Nigeria Security Network codenamed Amotekun in Kajola Local Government Area of Oyo State, Tajudeen Salaudeen, has reportedly died in an accident. He was said to have crashed his motorcycle when trying to avoid a pothole on Thursday at Sawmill area, on Ilero road. Newsmen gathered that the deceased was going to Okeho in the early hours of Thursday when he got a call to come back for an emergency assignment at Ilero. While making a U-turn, his bike reportedly skidded off the road and he fell off the bike. His body has been deposited at a private hospital morgue in Ilero, Iwajowa Local Council Development Area (LCDA), Kajola LG, and was later buried yesterday. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we ...

LG Joins Forces with Google to Support Stadia on Smart TVs

LG and Google have partnered to bring Stadia to the latest webOS smart TVs in 2021. After Stadia comes to Google TV, LG will be the first TV manufacturer to natively support Stadia gameplay via webOS. Stadia on LG TVs will allow customers to instantly play hit Stadia games such as Cyberpunk 2077, NBA 2K21, Assassin’s Creed: Valhalla and Watch Dogs: Legion with just a Stadia controller and no additional hardware or game downloads required. LG plans to have the new service launched within the second half of 2021 on LG Smart TVs as a downloadable app from the LG Content Store in countries where Stadia is available. Stadia already offers more than 130 games with more being added regularly. Games can be purchased individually or gamers can claim a regular cadence of games to be played for free ...

#CES2021: TCL Taking The Smartphone & Tablet To Another Level With “Rollable” Designs

Source: TCL / CES TCL Day one of CES’s first-ever virtual showcase due to COVID-19  is in the books, and TCL and LG helped kicked the event off with some bold smartphone designs. Samsung has already grabbed the foldable phone market by the horns with its latest smartphone designs and is looking to bring more affordable designs this year. TCL and LG are looking to make waves with another innovative design. Today during its virtual presentation, TCL showed a new “rolling” smartphone. Source: TCL / CES TCL In its compact normal state, the phone is 6.7-inches. With the tap of a finger incredibly, its AMOLED rollable display extends to 7.8 inches thanks to the device’s top extending upwards. If you want to compare it to any current tech out, you can liken it to Samsung’s Galaxy Z Flip...