Mediaboss Marketing

FOURTEEN of LG Electronics (LG) 2012 products were recognised by the Red Dot Design Awards for their excellence in the field of design.

A panel of 30 independent judges considered over 4,500 products from 1,800 manufacturers and designers in nearly 60 countries before awarding LG 12 design awards and two honourable mentions.

LGs success at the 2012 Red Dot Design Awards follows the 14 awards the company received among the 2,923 competing entries at the iF (International Forum) Design Awards earlier in the year. The LG Optimus 2.0, an Android-based smartphone, was recognised for its unique user interface.

LG was also recognised for being environmentally responsible in designing the MJachjet printers packaging using pulp-molded recycling buffer material.

LGs philosophy is that every product incorporates user experience in its design, LG Electronics (M) Sdn Bhd managing director HK Kwon said.

Our ultimate philosophy is to incorporate designs that work but also evoke some emotional response.

Several of the key products recognised at the 2012 Red Dot Design Award are:

LM9600 CINEMA 3D Smart TV

The LM9600 leads LGs new Cinema 3D Smart TV line-up for 2012. Alongside its new 3D technology and enhanced Smart TV function, the LM9600 also features LGs Cinema Screen Design. With a barely visible bezel, the LG9600 offers a 3D viewing experience that is reminiscent of a large-screen movie theater. The bezel completes the sophisticated design of the new television sets which complement even the most elegant of interior dcors.

Magic Remote

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South Korean company’s products lauded at Red Dot Design Awards

MOSCOW, March 19, 2012 (GLOBE NEWSWIRE) -- Yandex (Nasdaq:YNDX - News) announced today that NASDAQ OMX Group, Inc. has added the company to the NASDAQ Internet Index (Nasdaq:QNET), effective with today's market open.

"As the largest Russian internet business, we are pleased that Yandex will now be included in the NASDAQ Internet Index alongside some of the most innovative and influential internet companies in the world. The addition of Yandex to the index is a recognition of our company's growth and leadership, coupled with the strength of our technology and quality of our employees," said Arkady Volozh, Chief Executive Officer of Yandex.

The NASDAQ Internet Index is a modified market capitalization-weighted index designed to track the performance of the largest and most liquid U.S.-listed companies engaged in internet-related businesses and that are listed on the NASDAQ Stock Market, the New York Stock Exchange (NYSE) or NYSE Amex. The Index includes companies engaged in a broad range of internet-related services including, but not limited to internet software, internet access providers, internet search engines, web hosting, website design, and internet retail commerce.

About Yandex

Yandex (Nasdaq:YNDX - News) is the leading internet company in Russia, operating the country's most popular search engine and most visited website. Yandex also operates in Ukraine, Kazakhstan, Belarus and Turkey. Yandex's mission is to answer any question internet users may have.

The Yandex Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10933

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Yandex Added to NASDAQ Internet Index

Have you heard of TIM? The Trustworthy Internet Movement is a new initiative launched a few weeks ago at the 2012 RSA Security Conference. The goal of TIM is to bring together experts, industry stakeholders, and others to cooperate and collaborate in an effort to build a safer and more secure Internet.

TIM was founded by Philippe Courtot, chairman and CEO of Qualys. But, TIM is a non-profit organisation that is entirely independent of Qualys.

I spoke with Courtot a few days before the official unveiling of TIM at RSA. He described to me how TIM was borne over time from countless conversations hed had with other security professionals. Courtot believes that there are fundamental issues with Internet security that can not be resolved by any single tool, or even any single company.

Courtot is dedicated to ensuring the reliability, privacy, and security of the Internet, and he feels that the best way to meet that goal is to create an environment where security experts, cloud providers, and other Internet stakeholders can cooperate to find innovative solutions to defend against the rising tide of threats on the Internet. Courtot believes strongly enough in this initiative that he pledged $500,000 of his own money to get the project off the ground.

There is definitely something to be said for this approach. In the wake of the attacks against Google and others in China, various affected parties worked together collaboratively with Internet security providers and law enforcement agencies. The key lesson from that effort was that sharing information cooperatively lets all involved see the bigger picture and helps to identify issues and develop resolutions faster.

Various companies and security experts are already hard at work on different solutions to address problems with privacy, reliability, and security on the Internet, and many of those solutions will succeed on some level. But, rather than developing competing or conflicting approaches to the same problem, TIM might be able to harness those efforts to develop innovative solutions that are greater than the sum of the individual parts.

Obviously, the companies or individuals involved in a collaborative effort like TIM all have a vested interest in their own success and profit. But, the Internet is essential to business, news, entertainment, and mainstream culture in general, and there is something to be said for working together for the greater good.

If youre interested in learning more about TIM, or youd like to join the cause and contribute your skills and resources, visit the site.

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TIM brings together experts and industry to build safer Internet

The internet contributed 121 billion to the British economy in 2010, representing 8.3 percent of GDP, making the UK the most web-dependent country in the G-20, according to a new report by The Boston Consulting Group (BCG).

According to BCG's report, The $4.2 Trillion Opportunity: The Internet Economy in the G-20, the UK's internet economy is growing at a rate of 10.9 percent, and is expected to be contributing 225 billion to the overall economy by 2016 more than healthcare, construction or education. This growth is significantly faster than other developed countries in the G-20, which are growing at an average rate of 8.1 percent.

In particular, the report highlights the proliferation of mobile devices, widespread use of social networks and the rise of online commerce as key factors in driving the internet economy. The share of total retail carried out online in the UK is projected to reach 23 percent by 2016, and the internet also influences an additional 11.5 percent of total retail, with consumers researching online and purchasing offline.

This report is massively encouraging and shows that the UK Internet is leading the world in e-commerce, said Dan Cobley, Managing Director of Google UK, commenting on the report. At a time of financial uncertainty, the UK Internet economy continues to grow at an incredible rate, creating thousands of new businesses and jobs.

The BCG report describes small and medium businesses (SMEs) as the growth engines of the economy, with companies that use the internet for marketing, sales and interactions with customers recording revenue growth of 12 percent over the past three years, compared to only 4 percent for those who made low or no use of the Internet.

Around the world SMEs which embrace the Internet are growing faster and adding more jobs than those that dont, said David Dean, BCG Senior Partner and co-author of the report. By encouraging businesses to adopt the Internet, countries can improve their competitiveness and growth prospects.

However, Sean Dolan, SVP of Juniper Networks for EMEA, threw some cold water on the report, claiming that BCG had overstated the edge that the UK has over the rest of the G-20.

It's probably only about 5 percent of the total GDP that's going through e-commerce, but it is doubling, and that's the exciting part, he said. This digital economy is growing at 100 percent, and I don't see that stopping. It's not about people spending more time on Facebook or people sending their emails faster or surfing the internet; it's about business.

Meanwhile, the BCG report states that the big winners of the Internet economy are the consumers, with UK respondents saying they would have to be paid an average of 2,175 per year to live without Internet access. A quarter of those surveyed even said they would consider giving up sex for a year in order to maintain their broadband connection.

But technology performance company Compuware warned that the UK needs to continue increasing average internet speeds in order to maintain its leadership position.

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UK internet economy to represent 12.4 percent of GDP by 2016

TORONTO - Canada's Internet economy is expected to grow by 7.4 per cent a year through 2016, better than the country's overall GDP but still lagging many global peers, according to a new study commissioned by Google.

The international study, conducted for Google by Boston Consulting Group, found that the Internet accounted for about $49 billion or three per cent of Canada's GDP in 2010, the latest year for which information was available.

However, that was lower than the G20 average of about 4.1 per cent of GDP and put Canada ninth among the G20 pack.

By 2016, the online economy's percentage of Canadian GDP is expected to reach 3.6 per cent, falling further behind an expected G20's average of 5.3 per cent, the study said.

That means Canada will fall to 12th among G20 members, overtaken by Mexico and Saudi Arabia.

One setback is that Canadian online shopping isn't as robust as it is elsewhere in the world, said Tawfik Hammoud, partner and managing director at BCG.

Canada was in the top quartile of those countries surveyed when it comes to participation in social media and advertising online. In 2010, online advertising took 28.8 per cent of overall advertising market share, second only to television.

"There's been more shift of advertising dollars from the offline world to the online world than in most countries," Hammoud said.

Meanwhile, Canadian online retail sales lag, likely for reasons that include both consumer habits and business models.

There are gaps in Canadian consumer behaviour that Google is hoping to close, said Google executive Colin McKay.

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Canadian Internet economy lags G20 peers, online shopping a drag: study