Enterprise
LG to sponsor HVAC Design Award Asia in Korea
A generous sponsorship from LG
LG Electronics Inc. will be sponsoring this year’s HVAC Design Award Asia that will be held in Korea. It will be a part of the brand’s continuous commitment to developing new innovations. The competition is organized by SAEK, the Society of Air-Conditioning and Refrigerating Engineers of Korea.
HVAC Design Award Asia’s chosen teams will get support from LG Electronics’ technical and non-technical members throughout the competition. The winning team will represent their country for the finals in September. One team will win gold medal with LG Electronics products or travel vouchers worth US$ 6,000 in total.
Two teams will get a silver medal and a total of US$ 3,000 worth of prizes and US$ 1,500 in total prizes for three teams who will win bronze. The official announcement of winners will be held in Korea in October. The judges are composed of executive group members of renowned mechanical and HVAC-related departments. from Major Universities and PhDs from the National Laboratory of HVAC R&D in Korea.
The complete details of the competition can be viewed here!
Enterprise
US caught dumping ‘millions of tons’ of e-waste into Southeast Asia
This includes Indonesia, Malaysia, Thailand, and the Philippines.
Where do all old devices go after we’re done using them? If you’ve ever been in a place with a good recycling system, then you’ve probably seen bins for e-waste. Then again, you can go further down the chain and ask where these bins go. If you’re an American, a new report has an answer for you: Southeast Asia.
A Seattle-based organization called the Basel Action Network (or BAN, for short) conducted a two-year investigation on e-waste produced by the United States. The investigation revealed that at least ten American companies are shipping millions of tons of waste to several countries in Southeast Asia and the United Arab Emirates. These Asian countries include Indonesia, Malaysia, Thailand, and the Philippines.
According to ABC News, a few of the ten companies implicated have refuted that the imports are well within environmental standards and do not include harmful chemicals. Notably, these importers don’t handle the recycling themselves. Though their own processes might be legally allowed, the imports might still enable environmental hazards.
Regardless, the importing of e-waste is banned under an international treaty called the Basel Convention. The treaty covers hazardous waste shipped to other countries. The United States, however, have not ratified the treaty, so they’re not covered by the rules from a legal standpoint.
The shipping of waste has been a constant problem for Southeast Asia for a long time. However, e-waste carries more risk because of the harmful chemicals involved. The waste itself, for example, carries cadmium, lead, or mercury; all of which are harmful for humans. Further, the recycling process can involve harmful working conditions without appropriate protective gear. Some just burn the waste, leading to toxic fumes.
According to the report, Asia already produces almost half of the world’s e-waste. With America — a huge contributor of e-waste by itself — dumping e-waste all over Southeast Asia, the region is turning into a dumping ground for toxic garbage.
Did you know that it’s been almost 15 years since Tim Cook took the reins of Apple? The brand’s stalwart fans can definitely thank Cook for Apple’s impressive success today. That said, nothing lasts forever, especially as one reaches the age of 65. Tim Cook, after bringing Apple to almost US$ 4 trillion in valuation, might soon step down as the company’s CEO.
When he took over as CEO, Cook had the unfortunate challenge of following Steve Jobs. But, as we can see now, the CEO was more than up for the task, leading the company to new heights. Cook, however, will soon enter his twilight years. This November, the CEO turns 65. Cook’s retirement now becomes a question of “when” and “who’s next.”
According to Bloomberg’s Mark Gurman, the transition might come soon. A few of the company’s executives have started to leave the company. This year, COO Jeff Williams stepped down and will soon leave the company. Importantly, Williams was once seen as next in line for the throne.
Others are expected to follow Williams, eventually leading to Cook’s own retirement. Cook’s 65th birthday isn’t a sure deadline, but the talks should start. When Cook does retire from his CEO duties, it’s expected that he’ll transition instead into a new role as chairman, similar to Amazon’s Jeff Bezos.
Gurman also notes that the current heir, after Williams’s departure, is now the company’s hardware engineering boss, John Ternus. Importantly, this means that Apple might finally enter a new era outside of smartphones. As popular as the iPhone is, the company has struggled entering new facets of technology, including the middling Vision Pro. Ternus, as opposed to a more business-oriented leader, might steer Apple into those new frontiers.
SEE ALSO: Apple iPhone Air Review
It didn’t take long for Nothing to establish itself in the smartphone industry. The brand even felt confident to launch a more affordable sub-brand called CMF by Nothing. Now, Nothing is ready to let its baby boy grow up. CMF by Nothing is branching off into its own independent brand soon.
As reported by TechCrunch, Nothing has confirmed that CMF will become an independent subsidiary soon. The brand is partnering with an Indian company called Optiemus to establish a headquarters for manufacturing and research in India.
The choice of market isn’t surprising. Compared to the original brand, CMF by Nothing caters more to the budget-conscious crowd while upholding Nothing’s penchant for quirky designs. The affordable segment continues to be a big hit in India. Nothing, as a brand, is also popular in the country.
It’s an impressive story for CMF. The small brand started only around two years ago in 2023. Since then, it launched earbuds, smartwatches, and smartphones — all of which appeal to the budget-conscious. By branching off on its own, the brand has a chance to establish its own identity apart from its parent company.
Though CMF’s independence is certainly a quick one, the phenomenon isn’t uncommon. Various companies have also done the same with their own sub-brands. For example, HONOR, POCO, and realme have spun off from Huawei, Xiaomi, and OPPO, respectively.
SEE ALSO: CMF Phone 2 Pro review: Only a small step from its predecessor
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