Connect with us

Technology

LG ELECTRONICS SHOWCASES AN EXPANDED BUILT-IN PORTFOLIO WITH SKS AND LG BUILT-IN LINEUPS AT EUROCUCINA 2026

Published

on

Company Expands Presence in European Built-in Market With Tailored Innovations Reflecting Latest Design and Lifestyle Trends

News Summary

LG Electronics is showcasing a full range of built-in kitchen solutions from its SKS luxury brand and new LG Built-in package at EuroCucina 2026.The exhibition reflects LG’s strategy to expand its presence across both the ultra-premium and mass-premium segments in the European built-in market.LG’s showcase includes SKS’s expanded European and North American lineups and LG Built-in solutions powered by the company’s AI core technologies.The SKS and new LG Built-in lineups for Europe are designed to address local preferences for design consistency and installation flexibility.

SEOUL, South Korea, April 21, 2026 /PRNewswire/ — LG Electronics (LG) is showcasing its built-in kitchen solutions, including its SKS luxury brand lineup and new LG Built-in package, at EuroCucina 2026 – the international kitchen exhibition held as part of Milan Design Week – in Milan, Italy, from April 21–26. The exhibition presents a wide range of solutions tailored to European lifestyles and preferences and reflects LG’s strategy to strengthen its presence in the European built-in market.

Built-in Strategy Under the Theme “Mosaic of Living”
Under the theme “Mosaic of Living,” LG’s EuroCucina exhibition introduces both the SKS lineup and the new LG Built-in package, along with the advanced technologies applied across each lineup. The company’s solutions help transform the kitchen from a purely functional space into one that invites relaxation, social interaction and enriched aesthetic experiences.

LG’s exhibition space, more than double the size of its 2024 footprint, was developed in collaboration with the Italian-Danish design duo GamFratesi. Based on a modular concept reflecting European kitchen environments and lifestyles, the space presents LG’s built-in portfolio for the European market: the SKS lineup for the ultra-premium segment and the LG Built-in package for the mass-premium segment.

SKS Introduces New Brand Identity and Expanded Global Lineup
SKS, making its first appearance at a European exhibition since last year’s rebranding, is presenting a total kitchen solution designed to meet the diverse needs and requirements of real-life kitchen environments. The SKS kitchen zone features a main kitchen showcasing contemporary design, a professional kitchen centered on large-capacity SKS appliances, and an area dedicated to new products tailored for European consumers.

Among the key products in the SKS kitchen zone is the Compact Oven & Warming Drawer, a space-saving 6-in-1 multi oven combining convection baking, air frying, steaming and microwave functions. The Compact Oven utilizes LG’s Inverter ProBake™ convection technology to maintain even heat distribution and improve cooking performance.

Also on display are the All Free 30-inch Induction Cooktop, designed with All‑Free Pattern Coil technology to allow the flexible placement of up to five cookware items, and the Downdraft Hood, which captures smoke and odors directly at the cooking surface while maintaining low noise levels. LG is also showcasing SKS products from its North American lineup, previously unveiled at KBIS 2026, including 30‑inch and larger ultra‑premium models, illustrating how the SKS lineup can accommodate a wide range of kitchen sizes and lifestyles.

LG Built-in Package as an Integrated Kitchen Solution 
In the LG Built-in kitchen zone, visitors can see the full LG Built-in package, which incorporates the company’s AI core technologies to improve everyday kitchen use. The LG Built-in package integrates ovens, induction cooktops, refrigerators and dishwashers into a cohesive system, delivering consistent design and flexible installation options optimized for European living environments.

Featured products include the Camera Oven with AI Gourmet™, which recognizes ingredients and recommends optimal cooking settings, and a new Dishwasher lineup with AI SenseClean™, which detects soiling levels and automatically adjusts washing cycles. Visitors can also see the LG Fit & Max refrigerator lineup, which offers increased storage capacity and incorporates the Zero Clearance Hinge for a seamless fit in tight spaces.

Interactive Experiences Extending Beyond the Exhibition
During EuroCucina, LG is also offering interactive programs that allow visitors to experience SKS technologies in use. Live cooking shows in the SKS main kitchen zone feature products such as the 24-inch Column Refrigerator and Freezer and the 24-inch Steam Oven. A wine tasting program introduces the storage technologies and smart features of SKS wine cellars.

Furthermore, LG is participating in this year’s Fuori Salone, a design event held throughout the city of Milan, where visitors can explore the SKS Showroom at Via Manzoni 47 and experience the unique philosophy that guides LG’s luxury brand.

“EuroCucina 2026 provides an important opportunity for LG to introduce both our SKS luxury brand and new LG Built-in solutions to European customers,” said Baek Seung-tae, president of the LG Home Appliance Solution Company. “We will continue to strengthen our position in the European built-in market by offering integrated solutions that combine design consistency, advanced technologies and flexibility aligned with local lifestyles.”

LG welcomes EuroCucina 2026 attendees to experience its innovative built-in kitchen solutions at Milan Design Week (Stand C24 and C31, Hall 4, EuroCucina/FTK: Fiera Milano, Milan, Italy).

About LG Electronics Home Appliance Solution Company 
The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers’ quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG’s Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LG.com/global/newsroom/.

About SKS 
SKS, formerly known as Signature Kitchen Suite, is the award-winning luxury appliance brand backed by LG Electronics. Fueled by a passion for innovation, we create luxury appliances that redefine what’s possible and unite precision with unparalleled performance. Our guiding principles of purposeful design and bold innovation infuse every product. With a commitment to excellence and passion for pushing boundaries, SKS has earned international accolades for our groundbreaking appliances. We continue to transform the modern kitchen, delivering an elevated culinary experience. From the pioneering built-in sous vide range to Gourmet AI in our wall ovens, SKS embodies cutting-edge, best-in-class technology. Visit www.sksappliances.com or follow the brand on social channels@SKSappliances.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lg-electronics-showcases-an-expanded-built-in-portfolio-with-sks-and-lg-built-in-lineups-at-eurocucina-2026-302748173.html

SOURCE LG Electronics, Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

OceanaGold Reports Voting Results from its 2026 Annual Meeting of Shareholders

Published

on

By

VANCOUVER, BC, June 9, 2026 /PRNewswire/ – OceanaGold Corporation (TSX: OGC) (NYSE: OGC) (“OceanaGold” or the “Company”) is pleased to report the voting results from the Annual General and Special Meeting of Shareholders of the Company (the “AGM”) held today.

A total of 184,072,822 common shares of the Company were represented in person or by proxy at the AGM, representing 82.06% of common shares outstanding as at the record date. Shareholders voted in favour of each of the items of business at the AGM.

Election of Directors

Each of the director nominees listed in OceanaGold’s Management Information Circular dated April 23, 2026 was elected as a director of the Company to hold office for the ensuing year or until their successors are elected or appointed. Detailed results of the vote for each director are set out in the table below:

Directors

Votes For

%

Votes Withheld

%

Paul Benson

132,452,772

77.70

38,003,874

22.30

Ian M. Reid

169,552,116

99.47

904,530

0.53

Craig J. Nelsen

169,280,303

99.31

1,176,343

0.69

Sandra M. Dodds

167,057,565

98.01

3,399,081

1.99

Alan N. Pangbourne

170,267,931

99.89

188,715

0.11

Linda M. Broughton

170,153,528

99.82

303,118

0.18

Stefanie E. Loader

169,432,122

99.40

1,024,524

0.60

Gerard M. Bond

170,272,112

99.89

184,534

0.11

Appointment of Auditor

PricewaterhouseCoopers LLP was appointed as the auditor of the Company to hold office until the close of the next annual meeting of shareholders or until its successor is appointed, at a remuneration to be fixed by the directors of the Company.

Votes For

%

Votes Withheld

%

180,933,130

98.29

3,139,692

1.71

Advisory Vote on the Approach to Executive Compensation

A non-binding resolution on the Company’s approach to executive compensation was approved.

Votes For

%

Votes Against

%

165,775,649

97.25

4,680,997

2.75

Virtual-Only Annual General Meetings

A resolution to hold the Company’s 2027 annual general meeting of shareholders in a virtual-only format was approved.

Votes For

%

Votes Against

%

106,379,295

62.41

64,077,351

37.59

About OceanaGold

OceanaGold is a global intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the wholly-owned Haile Gold Mine in the United States of America; the wholly-owned Macraes and Waihi operations in New Zealand; and the 80%-owned Didipio Mine in the Philippines.

View original content to download multimedia:https://www.prnewswire.com/news-releases/oceanagold-reports-voting-results-from-its-2026-annual-meeting-of-shareholders-302795835.html

SOURCE OceanaGold Corporation

Continue Reading

Technology

AI Engines Trust Hermès, Rolex, Chanel and Ferrari Most — 5W and Haute Living Release The AI Luxury 25

Published

on

By

First ranking of the twenty-five luxury houses defining the AI era, scored by citation share across ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews.

MIAMI, June 9, 2026 /PRNewswire/ — 5W, the AI Communications Firm, and Haute Living, today released The AI Luxury 25, the first ranking of the world’s leading luxury houses by how clearly the AI engines describe them. Twenty-five houses, five engines, five equal dimensions, one composite score. Hermès leads at 98.6. Rolex, Patek Philippe, Chanel, and Ferrari complete the top tier.

More than a third of luxury buyers now begin product research with AI, not Google. The first impression a buyer forms is the answer an engine returns when asked about a house — and certain houses surface, cleanly and consistently, while others blur. The AI Luxury 25 measures that gap and ranks the houses most deeply embedded in AI-generated answers.

The study scores each house on archival depth, citation density, entity clarity, editorial consistency, and retrieval stability. Hermès posts the cleanest entity profile in consumer commerce. Rolex records the only perfect entity-clarity score in the index. Aman, founded in 1988, is the modern house rising fastest — proof that retrieval authority can be built on purpose, not just inherited.

“In the AI era, the answer is the first impression,” said Ronn Torossian, Founder and Chairman of 5W AI Communications. “The houses at the top of this index earned it the only way it can be earned — a century of saying the same thing, consistently, until the machine learned it cold. That consistency is the modern form of brand equity. Everyone else now has to build it on purpose.”

“For two centuries the great houses competed for the cover, the window, the front row,” said Kamal Hotchandani, Founder and CEO of Haute Living. “The new front row is the answer a machine returns when a buyer asks. Hermès and Rolex didn’t set out to win it — they earned it with a century of discipline. This index measures who owns that answer.”

The full study, ranked tables, and methodology are available at https://www.5wpr.com/ai-visibility-index/ai-luxury-25-2026/

About Haute Living

Haute Living is the luxury lifestyle media brand covering the people, places, and brands defining the global luxury economy. Learn more at hauteliving.com.

About 5W AI Communications

5W is the AI Communications Firm, building brand authority across the platforms where decisions now happen — ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews — alongside earned media, digital, and influencer channels. 5W combines public relations, digital marketing, Generative Engine Optimization (GEO), and proprietary AI visibility research, helping clients measure and grow their presence in AI-driven buyer research.

Founded more than 20 years ago, 5W has been recognized as a top U.S. PR agency by O’Dwyer’s, named Agency of the Year in the American Business Awards®, and honored as a Top Place to Work in Communications in 2026 by Ragan. 5W serves clients across B2C sectors including Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, and Nonprofit; B2B specialties including Corporate Communications and Reputation Management; as well as Public Affairs, Crisis Communications, and Digital Marketing, including Social Media, Influencer, Paid Media, GEO, and SEO. 5W was also named to the Digiday WorkLife Employer of the Year list.

Media Contact
press@5wpr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ai-engines-trust-hermes-rolex-chanel-and-ferrari-most–5w-and-haute-living-release-the-ai-luxury-25-302795848.html

SOURCE 5W Public Relations

Continue Reading

Technology

Hut 8 Closes $4.25 Billion of Investment-Grade Senior Secured Notes for Beacon Point Data Center Project

Published

on

By

Hut 8’s second investment-grade data center construction bond — fully amortizing, non-recourse, and non-dilutive — rated Baa2 and priced 20 basis points inside the River Bend notes issuance spread

Substantially oversubscribed, broadening Hut 8’s institutional credit investor base and bringing cumulative project-level, investment-grade data center construction financing to $7.5 billion

MIAMI, June 9, 2026 /PRNewswire/ — Hut 8 Corp. (Nasdaq: HUT) (TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies, today announced the closing of a $4.25 billion offering (the “Offering”) of 6.129% senior secured notes due 2042 (the “Notes”) issued by its wholly-owned subsidiary, Beacon Point DC LLC (the “Issuer”). The Notes are rated Baa2 by Moody’s Ratings, one notch above the BBB− assigned by S&P Global Ratings and Fitch Ratings to Hut 8’s River Bend financing in April 2026.

The Issuer intends to use the proceeds from the Offering to (i) finance (1) the development and construction of a turnkey data center, comprising six data halls with a combined total of 352 megawatts of critical IT capacity, to be built on an approximately 521-acre property in Nueces County, Texas and (2) the construction of the substation located on the property, which data center facility will be leased to a tenant that is a high-investment-grade company (i.e., rated AA− or higher) as of the date hereof pursuant to the data center lease agreement, (ii) fund debt service reserves, and (iii) pay fees and expenses in connection with the Offering.

Offering Highlights

Demonstrates the repeatability of an investment-grade financing model that preserves balance-sheet strength: The Offering marks the second execution of a financing model that is non-recourse to Hut 8, fully funded at the project level, and non-dilutive to existing shareholders, with no expected equity issuance by Hut 8 to fund the project. The fully amortizing structure eliminates refinancing risk at the project level, while its non-recourse profile allows Hut 8 to maintain zero recourse debt at the parent level, leaving its balance sheet unconstrained.Reflects disciplined, first-principles execution marked by improved rating, pricing, and scale: The Offering improves upon the first execution of the model at River Bend across rating and spread. At T+165 basis points, the Notes priced 20 basis points inside the River Bend notes issuance spread. These terms establish the Offering as the largest, tightest-priced, and highest-rated investment-grade bond issued to date in a single-sponsor data center construction financing. Across successive executions, this progression supports Hut 8’s pursuit of a corporate investment-grade profile.Confirms broadening institutional endorsement of Hut 8’s development financing model: Investor demand validates Hut 8’s model of financing investment-grade, construction-stage development. The Offering was substantially oversubscribed and attracted both repeat investors and new investors who did not participate in the River Bend offering, broadening Hut 8’s institutional credit investor base. Together, River Bend and Beacon Point represent $7.5 billion of investment-grade capital raised for construction-stage data center development, a credit standard rarely achieved prior to commercial operations.

Asher Genoot, CEO of Hut 8, said: “The investment-grade market has historically not been available to finance project-level data center construction. Together with our River Bend offering, this Offering establishes the ability of our data center projects to access investment-grade financing markets and demonstrates a repeatable model for funding construction-stage development. We believe this structure, which eliminates refinancing risk and protects shareholder value, can support a durable competitive advantage as we continue to scale.”

Sean Glennan, CFO of Hut 8, said: “The hallmark of this financing model is repeatability. What enables us to deliver superior outcomes over time, however, is rigor of execution. Each term of the Offering was structured from first principles rather than inherited from the prior offering. Beacon Point improves on River Bend across key financing metrics, including rating and spread. We intend to bring that same discipline to future transactions.”

J.P. Morgan acted as lead bookrunner for the Offering. Goldman Sachs & Co. LLC acted as a bookrunner for the Offering.

About Hut 8

Hut 8 is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies such as AI, high-performance computing, and ASIC compute. The Company develops, commercializes, and operates industrial-scale energy and data center infrastructure through a power-first, innovation-driven approach. For more information, visit hut8.com.

Cautionary Note Regarding Forward-Looking Information

This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the anticipated use of proceeds from the Offering, the development and construction of the Beacon Point project, the expected benefits and repeatability of the Company’s financing model, the Company’s pursuit of a corporate investment-grade profile, the Company’s development pipeline, and the Company’s future business strategy, competitive strengths, expansion, and growth of the business and operations more generally, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “allow,” “believe,” “estimate,” “expect,” “predict,” “can, “might,” “potential,” “is designed to,” “likely,” or similar expressions.

Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, risks relating to the construction of new data centers, including cost overruns, delays, supply chain issues, permitting or regulatory hurdles, unexpected technical challenges, and dependency on contractors; risks relating to the financing of new data centers, including the potential dilutive impact of equity issuances (if any), access to capital markets, timing and cost of financing, and market conditions such as increases in interest rates, declining equity valuations, volatility in credit markets, or tightening lending standards; risks impacting our ability to expand the power capacity at the River Bend campus, such as limitations of transmission and/or generation resources; failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at sec.gov and SEDAR+ profile at sedarplus.ca. Information in this press release is as of the dates and time periods indicated herein, and neither the Company nor the Issuer undertake to update any of the information contained in these materials, except as required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hut-8-closes-4-25-billion-of-investment-grade-senior-secured-notes-for-beacon-point-data-center-project-302795866.html

SOURCE Hut 8 Corp.

Continue Reading

Trending