Daily Archives: May 18, 2018

Hisense announces global availability of new 80-inch laser TVs

The new-generation TV is expected to achieve rapid growth

BEIJING, May 18, 2018 /PRNewswire/ — Hisense, an official sponsor of the 2018 FIFA World CupTM, launched the new 80-inch L5 laser TV in Beijing on May 17. With highly affordable pricing, the new product is well within the reach of families with modest incomes. With the World Cup just around the corner, the revolution of the home theater in the Chinese living room has officially been launched.

Hisense announces global availability of 80-inch 4K laser TV

Technology can be life-changing. To date, the popularity of laser televisions was hobbled by two drawbacks, the lack of brightness in the image and the extravagant price. The newly launched L5 laser TV solved these two pain points. The model comes with 400 nit brightness, a substantial increase over all existing laser models, as well as a new generation custom-made Danish DNP high gain anti-light hard screen, enabling a clear picture display no matter how bright the surrounding light. As the centerpiece of a home theater, the super large screen can be viewed comfortably without needing to draw the curtains or close the shutters. As the TV is powered by a reflective light source which is comfortable to the eyes rather than dazzling, despite the 80-inch height, the screen can be viewed comfortably even when sitting as close as 3 meters (approx. 10 ft.), greatly reducing the amount of living space that would need to be set aside as a viewing area for the home theater. The second barrier to laser TV ownership has been done away with: a price tag of 19,999 yuan (approx. US$3,140) allows the laser model to become a “successor of first choice” and augurs Hisense’s comprehensive participation in the large screen television market.

With the Russian World Cup just about to kick off, the demand for large-screen and high-definition smart TVs is on track to explode. The brand new VIDAA AI system that comes with the Hisense L5 laser television is equipped with such features as automatic sports mode, star recognition and screenshot sharing of wonderful moments, transforming the unit into your best game watching companion.

The launch of Hisense L5 laser TV is expected to usher in a trend of large-scale replacement of TVs in Chinese households. Hisense expects laser television to become the big disruptor in the home theater market for 2018.

Photo – https://mma.prnewswire.com/media/693001/Hisense.jpg

PRETORIA REVIEWING LAWS WITH VIEW TO PHASING OUT USE OF HARMFUL PLASTIC PRODUCTS

CAPE TOWN– South African Environmental Affairs Minister Edna Molewa says her department is looking at the possibility of reviewing legislation with a view of phasing out harmful plastic products like drinking straws.

Briefing the media before tabling the department’s Budget Vote in Parliament here Wednesday, she said the possible review would look at plastic products which are seen to be harmful to the environment.

She added: “There are some plastics that are really not helpful. Plastic straws is one of them. It is highly possible that when it comes to that review, we will certainly say that. Also, just the use of plastic. We agreed as a country that we will just use the plastics that will continue to be manufactured. The thickness thereof would be such that the plastic bags are usable again and again.

Nosipho Ngcaba, the department’s director-general, said plastic straws posed a threat to the marine environment. For sea-based mammals, like sharks, we already know that straws are a big problem and they cause a threat to our marine mammals and certainly we would look at various other products that may have to be phased out in our economy while we consider a replacement but it is going to take a lot of awareness by citizens. When you go to a restaurant and you are given a straw, you should be able to say no, I will use a glass.

Later, when delivering her Budget Vote speech in the National Assembly, Molewa said the department remained committed to minimising plastic pollution.

She said that in line with resolutions taken at the United Nations General Assembly and the UN Environmental Assembly respectively, the department has this year conducted a Plastic Material Study in collaboration with industry, the South African Bureau of Standards, the National Regulator for Compulsory Specifications, the National Treasury and the Department of Health.

We are consulting with the cosmetics industry to phase out the use of micro beads in cosmetics. The department, together with the Department of Trade and Industry [and its agencies SABS and NRCS) and National Treasury will also be reviewing the impact of the implementation of the plastic bag policies, she said.

Source: NAM NEWS NETWORK

TREASURY RELEASES SOUTH AFRICAN AIRWAYS’ FINANCIALS

CAPE TOWN–The National Treasury has released South African Airways’ (SAA) financial presentation to Parliament after the House Standing Committee on Finance (SCOF) postponed its meeting to review the national carrier’s fourth quarter results.

The fourth quarter presentation, which was meant to be presented at the SCOF meeting, revealed that SAA’s net losses were 1.2 billion Rand (about 95.2 million US dollars), well above the budgeted amount. The airline had budgeted a loss of R610 million in the fourth quarter, with actual losses at R1.84 billion.

The losses reported in the presentation were mainly driven by revenue and currency translation losses.

The presentation showed that for the year, the group’s net loss was R2.9 billion worse than budget, driven both by revenue and operating costs performance below budget. The presentation showed that the actual loss was R5.6 billion from the budgeted net loss of R2.8 billion

The SCOF meeting, which was meant to be held on Wednesday, was postponed over a lack of agreement on whether the session should be held in committee or in public.

This emanates from the application made by the chairperson of the Standing Committee on Finance to have some of the presentations by South African Airways (SAA) held in private in order to protect the confidentiality of some of SAA’s strategies, said the Finance Ministry on Wednesday.

The ministry said unlike many other State-owned enterprises (SOEs) which operate as sole providers of services, national flag carrier SAA is a commercial enterprise which operates in a highly competitive environment.

The duty to account to a parliamentary committee must be balanced with the degree of protection of the confidentiality of SAA’s commercial strategies.

Source: NAM NEWS NETWORK