Press Release

Corporate

LG Introduces World's First Multi V III Solo Commercal AC in Nigeria Market

04/04/2012

 

LG Electronics, a global leader in consumer electronics, has unveiled its new Multi V III Solo air conditioner to the Nigerian market. The move came as LG looks to place more emphasis on its business to business in Nigeria, where the demand for energy-saving technology is growing rapidly.

The launch of the Multi V III Solo which is LG Electronics’ newest HVAC solution is evident of the electronic giant’s drive to always be ahead of competition and lead in innovation by ensuring consumers’ satisfaction and comfort is key when manufacturing products. Combining this innovation with higher efficiency Multi V III Solo delivers fast response cooling and space-saving smaller footprint. Expectedly, this cutting edge would make it gain significant market share in Nigeria and Africa as a whole.

The Multi V III Solo has three unique benefits which the consumer stands to enjoy. These are the higher energy efficiency, eco friendly, and longer piping design. The unit’s increased energy efficiency which is boosted by LG’s unique DC inverter compressor technology, delivers a COP level (coefficient of performance) of 3.5. With a total piping length up to 150 m and a level difference of 50 m between ODU and IDU, the Multi V III Solo provides optimum solution for small/medium-sized building. Multi V III Solo can be connected to over 25 indoor units in any building.

“As a company with a great focus on producing energy saving and efficient products, we are happy to introduce the Multi V III Solo into the Nigerian market,” commented Mr. Clinton Yoo, General Manager, Air conditioning and Energy Solution division, LG Electronics West Africa Operations. “With this product in the market, we are in a better position to work with our dealers and business partners to make LG the No. 1 provider of smart and efficient HVAC solutions.”

Speaking at the event, the Managing Director, Tecnicool, Mr. Niyi Kolawole, said, ‘There is no better time than this to introduce to the Nigeria market an AC with fast cooling response and space-saving smaller footprint. This is a great need that the LG Multi V III Solo has come to fulfil in Nigeria’.

Also speaking in the same vein, the Managing Director, Blue Ocean Technical Services, Mr. Anupam Ghosal, lauded the initiative of LG Electronics in its continuous bid to providing products to meet the apt needs of its teeming consumers. In his words, ‘Only a compassionate organisation like LG Electronics would stop at nothing to ensure that its consumers are pleased with its ranges of products built on innovation and cutting edge technology’.

On his part the Managing Director of PERA-BEAM, Engr. Shola Erinle asserted that introduction of Multi V III Solo has heralded a new era into the business of commercial AC in Nigeria. He described it as the era of comfort, energy saving and unprecedented fast cooling technology that would create the much desired environment for Nigerians to do business and be pleased.

LG Electronics has over time maintained its market leadership position in consumer electronics and Air Conditioning and Energy Solution through its platform of in-depth research and development with consumer insights that enables it to manufacture products that meet and suite their everyday needs and aspirations.