Optional leather backs and manual camera controls are two ways LG is seeking to distinguish its new G4 phone from Apple’s iPhones and Samsung’s Galaxy smartphones.
LG’s mobile chief, Juno Cho, said a wireless trade show in Barcelona, Spain, last month confirmed LG’s belief that smartphones have become clones of one another.
“I was almost shocked,” Mr Cho told The Associated Press. “Almost all the phones on display and introduced looked very (much the) same – the same metal casing and emphasis on thinness, overall form factors that are very similar.”
The message at Tuesday’s announcement of the new G4: We’re not like the others.
Apple and Samsung dominate the smartphone market, with LG Electronics and other companies vying for third place with market shares of less than 5 per cent each.
LG will make phones with traditional backs, too – using metal or ceramic. Prices weren’t announced, though LG said leather models will cost more in some markets. The G4 is available immediately in LG’s home country of South Korea. It will debut around the world in the coming weeks and is expected to reach the US in early June.
Here’s how the G4 stacks up:
Apple has long made design a priority, while Samsung began to embrace that this spring with phones that sport a metal frame and a glass back, rather than the plastic used in previous models. In many ways, Samsung’s new Galaxy S6 came to resemble Apple’s older iPhones. (The iPhone now has metal backs)
At Tuesday’s announcement, LG made a dig at Samsung, without naming it, by pointing out that glass backs can be marred with fingerprints. The G4 will have a choice of leather finishes. Some of Samsung’s older phones had imitation leather backs. The G4 uses real leather and has stitching down the middle – for looks, more than anything.
If leather isn’t for you, metal and ceramic backs are options. Motorola’s Moto X phone offers leather, wood and other non-traditional materials as made-to-order options. With LG, they are part of standard models.
LG is adding features to improve low-light images. These are improvements over the average smartphone, though Apple and Samsung have also been incorporating these features – namely, the inclusion of a lens that can open wider to let in more light and reduce blur.
The G4 also has a plethora of manual controls, rivaling those of full-body cameras known as single-lens reflex, or SLR. LG said no other major smartphone released “this year” has that capability. LG was careful about the phrasing, as older phones from Nokia – now part of Microsoft – have that level of control. The feature was popular among some experienced photographers, though most people are fine with automatic settings.
The G4 differs in letting people save images in RAW format, which permits a greater degree of editing. Most cameras use Jpeg, which takes less storage space but introduces distortion in the compression.
One nice feature is the ability to snap a photo by pressing the power button on the back twice, even if the phone’s display is off. Samsung’s S6 launches the camera with the double press of the home button, but the user still has to then take the shot. LG also made a dig at Samsung for this, without naming the company.
As much as LG tries to be different, the layout of the G4’s photo gallery resembles the iPhone’s. In an interview, Mr Cho said LG “felt that kind of experience is important for the customer.”
Few phones have removable batteries these days, in part to keep phones thin. LG sacrificed thinness so the battery can be removed and replaced with a spare. The G4 also has a slot for a memory card – something lacking in the iPhone and S6 phones. LG keeps the slot – especially important if people start storing all their photos in RAW.
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Mohammed bin Zayed Majlis
Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
RESULTS
ATP China Open
G Dimitrov (BUL x3) bt R Bautista Agut (ESP x5)
7-6, 4-6, 6-2
R Nadal (ESP x1) bt J Isner (USA x6)
6-4, 7-6
WTA China Open
S Halep (ROU x2) bt D Kasatkina (RUS)
6-2, 6-1
J Ostapenko (LAT x9) bt S Cirstea (ROU)
6-4, 6-4
ATP Japan Open
D Schwartzman (ARG x8) bt S Johnson (USA)
6-0, 7-5
D Goffin (BEL x4) bt R Gasquet (FRA)
7-5, 6-2
M Cilic (CRO x1) bt R Harrison (USA)
6-2, 6-0
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Cargoz%3Cbr%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%20January%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Premlal%20Pullisserry%20and%20Lijo%20Antony%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2030%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A
THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
THE BIO
Favourite place to go to in the UAE: The desert sand dunes, just after some rain
Who inspires you: Anybody with new and smart ideas, challenging questions, an open mind and a positive attitude
Where would you like to retire: Most probably in my home country, Hungary, but with frequent returns to the UAE
Favorite book: A book by Transilvanian author, Albert Wass, entitled ‘Sword and Reap’ (Kard es Kasza) - not really known internationally
Favourite subjects in school: Mathematics and science
UAE currency: the story behind the money in your pockets