TechNave Business Bytes Week 1 April 2024: Samsung iF Design Awards, LG Q1 2024, startups, AI and more

In this week's TechNave Business Bytes for Week 1 of April 2024, Samsung Electronics received 75 awards at the iF Design Awards 2024, while LG Electronics reported strong financial performance for Q1 2024. Brother Malaysia donated RM20,000 to the National Cancer Society Malaysia and Schneider Electric discussed key data center trends for 2024, focusing on AI.

Samsung also received awards for the Bespoke AI Laundry Combo™, Music Frame, Galaxy Z Flip5, Galaxy Z Fold5, Daily Board, Q-Symphony, and the Design Samsung Website. These products and services showcase Samsung's commitment to design innovation and enhancing user experiences. For more information, please visit their site. LG releases preliminary earnings for Q1 2024 LG Electronics reported record-breaking first-quarter revenues of KRW 21.

The company aims to fulfill Proton's commitment to electric vehicles, leading the transition to New Energy Vehicles and developing the Automotive High Tech Valley in Tanjong Malim. This financing will enhance PRO-NET's digital ecosystem, supply chain, and network to meet the rising demand for EVs and support Malaysia's carbon neutrality goal.

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