Qt Group Oyj
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Qt Group Plc released a stock exchange notification on June 27, 2024, regarding a manager's transaction. The notification concerns Tuukka Turunen, a senior manager at Qt Group Plc. The transaction, which occurred on June 26, 2024, involved the disposal of 2,000 shares at a unit price of 86.3585 EUR on Nasdaq Helsinki Ltd. The aggregated volume of the transaction was 2,000 shares with a volume-weighted average price of 86.3585 EUR. For further information, contact Mika Pälsi, General Counsel, at +358 9 8861 8040.
Qt Group and LG Electronics are collaborating to integrate the Qt software framework into LG's webOS-based Automotive Content Platform (ACP) for in-car content-streaming services. This partnership aims to enhance the development of innovative and immersive in-vehicle entertainment solutions. LG has previously used the Qt framework for various consumer electronics and is now extending it to its in-car platform, which has already been deployed in new car models from a major automaker. The collaboration is expected to boost the capabilities of automotive OEM developers and designers, leveraging Qt's efficient performance and development features. The global in-car infotainment market is projected to reach USD 35.4 billion by 2030, with software-defined vehicles creating significant value for the auto industry. Qt has expanded its tools to support major automotive brands and joined the AWS Marketplace earlier in 2024. The partnership aims to streamline workflows and promote closer alignment between developers and designers, particularly for low-powered and embedded devices.