At LEAP 2025, Saudi fintech barq inks multiple deals to enhance digital wallet

Ericsson is featuring its 5G-powered robotic dog, Rocky, as part of its technology demonstrations at LEAP 2025. The showcase highlights how robotics, combined with 5G, is enabling advancements in industrial automation and operational efficiency.

Rocky is equipped with advanced sensors, cameras, and private 5G connectivity, enabling tasks such as factory inspections, remote monitoring, and safety assessments. The integration of real-time data transmission and artificial intelligence enhances operational accuracy in challenging environments.

By leveraging the Ericsson Private 5G network, Rocky can also assist authorities with efficient emergency response and quality inspections of factories, airports, and other critical infrastructure. Ericsson Private 5G sets a new standard for network performance, enabling secure, reliable, high-speed 4G and 5G connectivity, powered by its robust dual-mode core and industry-leading radio portfolio. Ante Mihovilovic, vice president and head of networks at Ericsson Middle East and Africa, said: “Rocky demonstrates how private 5G networks can support advanced robotics to optimize industrial processes. By leveraging the high-speed, low-latency, and secure connectivity of Ericsson Private 5G, industries can adopt innovative solutions that enhance operational efficiency, improve safety, and enable real-time decision-making. Our participation at LEAP 2025 underscores Ericsson’s commitment to providing technology that meets the evolving demands of industrial automation and digital transformation.”

Ericsson’s presence at LEAP 2025 highlights its innovation leadership and commitment to Saudi Vision 2030. Under the theme “Step Forward: Discover the Unfolding Future,” Ericsson is showcasing advanced solutions, live demonstrations, and insights into the future of connectivity. 

With more than four decades of partnership in Saudi Arabia, Ericsson continues to collaborate with communication service providers, enterprises, and government entities to localize advanced technologies, nurture local talent, and support the Kingdom’s position in the global technology landscape.

Now in its fourth year, LEAP 2025 is bringing together more than 600 startups, 1,000 speakers, and over 1,800 exhibitors from around the world to explore the future of global digital advancement and innovation under the theme “Into New Worlds.”

LG Electronics Saudi Arabia and Al-Hassan Ghazi Ibrahim Shaker Co., an importer, manufacturer and distributor of air conditioners and home appliances in the Kingdom, are celebrating their 30-year partnership, a journey marked by innovation and excellence in the heating, ventilation, and air conditioning industry.

This long-term alliance will continue to promote LG’s innovative HVAC solutions, and reinforce LG and Shaker’s position as a leading HVAC solution provider in the Kingdom. These advanced solutions include residential and commercial air conditioning and chiller systems. All are designed to emphasize “Made in Saudi,” sustainability, energy efficiency, and alignment with Saudi Vision 2030’s development goals.

The HVAC sector has undergone profound change in recent times, with artificial intelligence and Internet of Things boosting innovation in the field. Today, customers expect solutions to be more sustainable, efficient, and optimized for operations than ever before. 

LG and Shaker Group have been at the forefront of this evolution with advanced products like the LG Multi V I, which is expected to launch in the Kingdom later this year. LG Multi V I uses integrated AI algorithms to analyze real-time data and thereby optimize energy usage. This enables the product to be flexible enough to adjust cooling during peak hours as well as monitor room occupancy to ensure temperature levels are ideally set with minimal manual input. This makes it the premier option for consultants in charge of complex projects.

Pilwon Jung, MEA regional representative of LG Electronics, said: “Over the past three decades, LG has collaborated with Shaker to deliver the most advanced HVAC solutions to meet the evolving needs of our customers. Our commitment to driving growth, enhancing customer satisfaction, and contributing to the Kingdom’s sustainability goals remains stronger than ever.”

The partnership was launched in 2008 with the establishment of a joint venture factory in Riyadh that initially produced up to 750,000 units annually. This was a critical step in localizing production while addressing the Kingdom’s pressing need for HVAC solutions.

In recognition of the remarkable milestones achieved, LG and Shaker Group will be honoring key stakeholders who have played significant roles in realizing the partnership’s objectives. This move underscores their shared commitment to fostering a culture of excellence and acknowledging the invaluable contributions of their partners.

Mohammed Ibrahim Abunayyan, CEO of Shaker, said: “Our 30-year collaboration with LG Electronics Saudi Arabia is a testament to our shared commitment to innovation and contributing to the Kingdom’s prosperity. This enduring partnership reflects our joint dedication to delivering leading, cutting-edge, energy-efficient HVAC solutions that align with Saudi Arabia’s strategic vision while meeting the evolving needs of our valued consumers. Together, we continue to drive excellence, shaping a future of progress and sustainable development.”

As they celebrate this milestone, LG and Shaker Group reaffirm their commitment to promoting sustainable and energy-efficient HVAC solutions that align with Saudi Vision 2030 and contribute to a diversified economy.