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Archive for the ‘Press Releases’ Category

LG Honored for Supply Chain Sustainability by Green Electronics Council at 2017 CES Asia

Wednesday, July 12, 2017

Karachi / SEOUL, July 12, 2017:- LG Electronics (LG) has been honored for innovation in supply chain sustainability by the Green Electronics Council. Presented at CES Asia™ 2017, the Catalyst Awards seek to inspire innovation in the design, manufacture and use of electronics to advance global sustainability.

LG’s special distinction as GEC 2017 “Catalyzing Impact at Scale” Honoree recognizes LG OLED TVs, which created a new premium TV category with environmental sustainability at its core. LG OLED TVs achieve significant reductions in hazardous and raw materials content compared to conventional LCD TVs, while LG’s green product design for recycling and supplier programs advance supply chain sustainability.

“As part of our ongoing efforts to enhance customer value, LG strives to make products with greener features and to reduce the environmental impact of our products throughout their lifecycle,” said Lee Choong-hak, executive vice president of LG Electronics in charge of corporate social responsibility initiatives. “LG OLED TVs, designed with the environment in mind, are prime examples of this lifecycle strategy approach.” For example, LG OLED TVs have reduced weight and use PVC-free internal cables and BFR-free housing and parts. The emissive LG OLED panel emits light instead of a mercury-containing backlight lamp. Materials also are minimized to enhance recyclability.”

Nancy Gillis, CEO of the Green Electronics Council, said, “The negative environmental and social impacts resulting from complex global supply chains are among the greatest challenges currently facing the IT industry,” said “We congratulate LG for demonstrating ways to address this challenge and exhibiting sustainable supply chain leadership and innovation.”

LG OLED TVs are optimized to minimize environmental impact and to provide high performance and customer value with features such as perfect black and limitless contrast, and 4K Ultra HD and high-dynamic range capabilities. LG quantifies and analyzes the environmental impact of products at every stage of their lifecycle; implements its strategic framework for products with greener features, which takes into account three core factors of human, energy and resources; and drives R&D based on these factors.

What’s more, the company’s comprehensive supply chain sustainability management program helps suppliers improve their environmental performance by transferring LG’s green technologies and related knowhow. The program helps LG promote suppliers’ competitiveness in sustainability management and identify supply chain risks and address global regulatory requirements.

In addition to being named 2017 GEC Catalyzing Impact at Scale Honoree, LG supply chain sustainability has been recognized by the U.S. Environmental Protection Agency with the top-level Gold Tier Award in the EPA’s Sustainable Materials Management Electronics Challenge and by the Institute of Scrap Recycling Industries with the ISRI Design for Recycling award for advanced new television products (LG OLED and LED 4K Ultra HD TVs) that emphasize recycling during every lifecycle phase.

The Green Electronics Council Catalyst Awards seek to inspire innovation in the design, manufacture and use of electronics to advance sustainability. By recognizing transformative yet scalable advances, the GEC highlights innovative best practices throughout the supply chain that move society closer to a world in which only sustainable electronics are designed, manufactured, purchased and processed at the end of their useful life.

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LG Releases Preliminary Earnings for Second-Quarter 2017

Friday, July 14, 2017

SEOUL, July 14, 2017:- LG Electronics Inc. (LG) announced its preliminary earnings results for the second quarter of 2017.

Tentative consolidated revenues for the second quarter of 2017 is nearly KRW 14.6 trillion with an operating profit of KRW 664.1 billion. Revenues are expected to be 3.9 percent higher with operating profit 13.6 percent higher than the same period the year prior.

(Unit: KRW bn)
LG Units

These figures are the tentative consolidated earnings based on K-IFRS. This is provided as a service to investors prior to LG Electronics’ final earnings results including net profit and details regarding each division which will be announced officially later this month.

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Coke Studio reaches unique milestone with Season 10

Tuesday, July 18, 2017

Karachi, July 17, 2017: Pakistan’s iconic music platform, Coke Studio is all set to launch its Season 10 in early August, setting a unique milestone for continuity, innovation and popularity over 10 consecutive years. This important milestone resonates intrinsically with the country’s celebration this year of its landmark 70th anniversary of independence.

In the past decade, Coke Studio has featured scores of singers, musicians, instrumentalists, music producers, while showcasing the talents of music industry professionals like sound and recording specialists, set designers, wardrobe specialists, and numerous others. For the people of Pakistan, especially the youth, it has been a source of great inspiration, pride and identity. Coke Studio has projected a more positive image and a softer side of Pakistan internationally, with the fan base of Coke Studio spanning to over 150 countries, and with at least 20 countries starting their own version of Coke Studio. Moreover, it has helped reignite the music industry of Pakistan with ever-increasing resources and platforms mushrooming over the last decade.

Speaking about the milestone Season 10, the General Manager of Coca-Cola Pakistan, Rizwan U. Khan stated, “We have come a long way since we embarked on this challenging journey a decade ago. Looking back, we feel greatly humbled that Coke Studio has been able to achieve so much, in terms of bringing virtually unknown or little known musicians into the national limelight, re-introducing music genres like qawwali and sufi music to the youth of Pakistan, continuing to stay true to the promise of producing quality fusion of music and practically playing an important role in reviving the music industry of Pakistan.”

Over the years, Coke Studio has also served as a platform for rising newcomers to perform alongside established artists and legends in the music world, turning lesser known names into household ones. Coke Studio Season 10 will feature more such new talent alongside some of the biggest names in Pakistani music. Among these younger performers are the children of some of the country’s leading singers performing with their fathers, bearing forward the heritage and legacy of their parents.

As Coke Studio celebrates its 10th anniversary, it can look back proudly to the difference it has made, not only for the featured performers but also for the house band, individual musicians, technical support specialists and many others.

Fans of Coke Studio, the Sound of the Nation, can look forward to this Season as one which they will remember with great nostalgia and fondness for many years to come.

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LG Q6 Brings FullVision Display to New Smartphone Lineup

Wednesday, July 19, 2017

Karachi / SEOUL, July 19, 2017:– LG (Electronics) announced that the LG Q6, part of its new Q series, will be the first smartphone to offer the FullVision display following the LG G6. The Q series offers many of LG’s most sought-out premium features at a competitive price.

LG’s Q series is the company’s latest line of powerful, mid-range smartphones boasting the essential features of LG premium phones at exceptional price points. As the first in the Q series to be announced, the LG Q6 features some of the most desired innovations from LG’s premium G6 smartphone and packages them in a sleek, stunning body highlighted by its FullVision display with minimized bezels. The Q6 family consists of the Q6+, Q6 and Q6α. The three variants cater to different user groups in terms of memory and storage: the Q6+ comes with 4GB of RAM and 64GB of ROM, the base Q6 delivers 3GB of RAM and 32GB of storage and the most affordably-priced Q6α comes with 2GB RAM and 16GB of ROM.

LG Q6 - 002LG Q6 - 003

At a time when minimized bezels are an emerging trend in premium smartphones, the Q6 is the first smartphone in the mid-price category to bring this feature to the masses. The unique 5.5-inch FHD+ FullVision display in the LG Q6 with its 18:9 aspect ratio makes video browsing, gaming and multi-tasking more immersive. The smartphone’s “bezel-less” form factor was designed to maximize the screen while still preventing accidental touching of the screen when being held.

And the LG Q6 looks good with its minimalist and sleek design. With no unsightly camera bump and sleek appearance, the Q6 features attractive curves with rounded corners of the body matching the corners of the display. Packaged in a stylish metallic frame, the Q6 manages to be both lightweight and sturdy for a more durable day-to-day usage experience.

And not only does the Q6 look good, it is extremely easy to use. Benefiting from ergonomic research during the development of the LG G6, the Q6 is also comfortable to hold and use with one hand. In another nod to user convenience, LG’s proprietary Face Recognition feature allows owners to unlock the Q6 faster and with less hassle than other facial recognition technologies currently available.

As expected, the LG Q6 carries on LG’s heritage of excellence in optics. The smartphone incorporates a 100-degree wide angle selfie camera that allows shutterbugs to include a large group of friends and family in the shot without effort. The camera’s improved LG UX 6.0 takes full advantage of the 18:9 aspect ratio of the FullVision display. Square Camera Mode makes it easy to “share your squares” or create photo collages using multiple square images.

The LG Q6 is also quite durable. The metal frame surrounding the Q6 is constructed of ultra-strong 7000 series aluminum, one of the highest strength aluminum alloys available and used extensively in industries such as aerospace. The device is subjected to LG’s demanding regimen of over 20 battery tests which include heat, penetration and shock, conditions more stringent than international testing protocols.

“The LG Q6 is a blend of premium features, great performance and attractive pricing, a combination that is extremely important to us as we look at the way consumers are using smartphones around the world,” said Juno Cho, president of LG Electronics Mobile Communications Company. “The Q series is our way of getting the superb experiences with the essence of the LG’s premium line-ups to more consumers’ hands and pockets.”

The LG G6 will go on sale in key markets in Asia starting next month to be followed by availability in Europe, Latin America and North America onward.

Key Specifications:
– Chipset: Qualcomm Snapdragon™ 435 Mobile Platform
– Display: 5.5-inch 18:9 FHD+ FullVision Display (2160 x 1080 / 442ppi)
– Memory:
Q6+: 4GB RAM / 64GB ROM
Q6: 3GB RAM / 32GB ROM
Q6α: 2GB RAM / 16GB ROM
– Camera: Rear 13MP Standard Angle / Front 5MP Wide Angle
– Battery: 3,000mAh (embedded)
– Operating System: Android 7.1.1 Nougat
– Size: 142.5 x 69.3 x 8.1mm
– Weight: 149g
– Network: LTE / 3G / 2G
– Connectivity: Wi-Fi 802.11 b, g, n / Bluetooth 4.2 / NFC / USB Type-B 2.0
– Colors:
Q6+: Astro Black / Ice Platinum / Marine Blue
Q6: Astro Black / Ice Platinum / Mystic White / Terra Gold
Q6α: Astro Black / Ice Platinum / Terra Gold
– Other: Face Recognition / Google Assistant / Square Camera / Steady Record / FM Radio

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LG HOM-BOT Intelligence Rated Highest by Robotics Lab

Tuesday, July 25, 2017

Karachi / SEOUL, July 25, 2017:- LG Electronics revolutionized the vacuum cleaner industry 16 years ago with the commercialization of one of the world’s first robotic vacuum cleaners. LG engineers took advantage of the head start and years of home appliance robotics experience to develop this year’s HOM-BOT Turbo+, which was just recognized by Seoul National University (SNU) Robotics & Intelligent Systems Lab, the robotics program in the nation’s top university, as the most human-like robotic vacuum cleaner in the industry.


Artificial intelligence, or AI, which is at the core of all of today’s advanced robots, has many definitions, one of them being the ability to learn from experience. Robots, contrary to science fiction and Hollywood, do not need to be intelligent but they must be machines capable of performing some type of work. Most of today’s best robotic vacuum cleaners have the ability to learn. However, not all robot vacuums learn at the same cognitive level, according to the SNU Robotics Lab results.

The university tested robot vacuum cleaners from leading manufacturers to measure their intelligence in the three areas of perception, judgment and action and classified the results into one of three levels of intelligence. The HOM-BOT Turbo+ earned the highest marks, a level the testers labeled Child (the others being Ape and Dolphin) because the SNU Robotics Lab equated the learning ability of the HOM-BOT Turbo+ to that of a six- or seven-year-old adolescent. By utilizing the convolutional neural network (CNN) technique LG engineers are able to give the robot the ability to distinguish between a human and a dog by analyzing stored image data. The LG robot vacuum’s acuity of perception and judgment – two of the core facets of a high performing AI – improved significantly with the incorporation of LG DeepThinQ™ technology in the latest model, rising from Ape level two years prior.

What separates LG HOM-BOT Turbo+ with DeepThinQ from competing models is its ability to not only recognize obstacles and chart the most efficient course around the home, but its ability to allow for human intervention. For example, when the vacuum comes across a human, it waits for a brief moment to allow the individual time to move out of the way. However, for furniture and other immobile obstructions, the LG robot vacuum knows not to wait and simply goes around and continues cleaning. It’s this kind of analysis which SNU Robotics Lab found to be unique and noteworthy in the category.

“At LG we take tremendous pride in developing not only the best appliances but the smartest appliances as well,” said Song Dae-hyun, president of LG Electronics Home Appliance & Air Solutions Company. “And what we’ve learned in the home is also being applied to our newest robots outside the home, such as our Airport Robot, which will be going into service later this month at Incheon International Airport.”

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PPAF Summer Internship Program: Connecting the Development Sector with students from all over Pakistan

Wednesday, July 26, 2017

Islamabad, July 25, 2017: Pakistan Poverty Alleviation Fund (PPAF) concluded its 5th Summer Internship Programme 2017. The ten days long programme aimed at providing students with hands on knowledge and exposure to the core areas of development sector in Pakistan.

A total of 20 interns including11 females and 9 males underwent the summer internship programme this year; these students belonged to diverse cultural and ethnic backgrounds, and hailed from different accredited educational institutions from all over Pakistan situated in Sukkur, Tharparkar, Karachi, Lahore, Haripur and Islamabad. The diversification was aimed to promote inclusive learning culture. “Coming all the way from Sukkur and meeting cross-section of youth was in itself a great opportunity for me. We lived with unity and learnt through experiencing development at grassroots”, said Nimarta Lekhwani, student of IBA Sukkur.


The internship was structured to provide young interns with information on PPAF’s operations and core functions through interaction with various units at PPAF followed by an exposure visit to PPAF supported intervention areas in Swat region “It was very exciting to meet with women community organizations in Swat and to see that they were making decisions for their development”, shared Zoya Waheed, student of The Millenium University College Islamabad.

During the field visit the interns travelled to KuzAbakhel and KabalLandai union councils, where they visited asset beneficiaries, educational institutions, loan centers, digital hubs and renewable energy projects. Meetings with implementing partners and communities’ organizations were held to discuss the socio-economic impact of interventions in detail. “PPAF provided us with the opportunity to observe sufferings and miseries of people very closely. On the other hand it was encouraging to see the results of the support it is providing to the deprived communities. I look forward to working with PPAF for restoring hope, securing the future and ending poverty”, said Saif ur Rehman, Central Asian University.

The interns presented a summary of their learnings and experiences at a simple ceremony held to mark the closing of the programme. Dr. Rashid Bajwa –CEO NRSP and Ms. Aisha Khan – CEO MGPO spoke to the young students and shared with them dynamics of social development. During their inspirational talk they discussed the role that youth can play to help deprived communities to fight poverty .Awards and certificates were presented for the best presentation and best photography to motivate and acknowledge the interns.

PPAF believes in building capacity of youth by providing them opportunities to learn and grow both academically and professionally. Through such internship programmes, PPAF also intends to showcase the insights about challenges-and opportunities, encountered by PPAF, its implementation partners and the communities. Over 100 students from all over Pakistan have so far benefited from PPAF’s Summer Internship Programmes over the years.

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Omar Associates and Jubilee Life honor the Champions

Thursday, July 27, 2017

Karachi, July 27, 2017: Jubilee Life Insurance Company Limited, the leading insurance company of Pakistan, in partnership with Omar Associates, honored Pakistan’s national champions Sarfraz Ahmed, Rumman Raees, Fakhar Zaman and Hasan Ali from the winning team of the ICC Champions Trophy 2017 along with recently retired great Younis Khan in an event held at a local hotel.

Pakistan’s victory at the ICC Champions Trophy 2017 has been the most talked about event for the country this year and rightly so. The team that ranked World’s eighth, fought valiantly against some of the world’s strongest teams and came out victorious in what was an incredible display of perseverance, focus and sheer resolution.

Sarfraz presented Mr. Javed Ahmed,with a memorabilia

The gala ceremony – intended to commend the spirit of the triumphant players and the team – was tagged “HEROES.VICTORS.CHAMPIONS!” where honourable Governor Sindh Muhammad Zubair was the chief guest and squash legend Jahangir Khan as well as a number of former Pakistani cricketers attended the event. The ceremony was hosted by Dr. Noman Niaz and well known Journalist Sidra Iqbal while former cricketers Rashid Latif, Shoaib Ahmed, Tauseef Ahmed were also present.

The 40-year-old former Pakistani cricket captain Younis Khan was honoured for his overall outstanding performance and was decorated with a gold medal and a cash reward for his praiseworthy services for cricket.

Mr. Nadeem Omar, owner of Omar Associates and founder of Quetta Gladiators franchise paid tribute to all legends including Jahangir, Younis, Sarfraz, Rumman, Fakhar and Hasan. Later Jahangir and Younis lauded the Champions in their speeches respectively. Quetta Gladiators’ players Kevin Pietersen, Luke Wright and Azhar Ali also paid tributes to Sarfraz and Quetta Gladiators management through video messages.

Sarfraz presented Mr. Javed Ahmed, MD and CEO, Jubilee Life, with a memorabilia for his support to Quetta Gladiators in the PSL 2017.

Speaking to the audience, Mr. Javed Ahmed said, “I would like to appreciate Sarfraz Ahmed and team for their marvellous victory in ICC Champions trophy. Sarfraz showed his winning spirit and extraordinary leadership for leading the team to victory in the Champions trophy. I would like to wish a very good luck to our cricket team in all formats of cricket in the future and bring glory to Pakistan.”

To conclude the evening, famous singer Faakhir Mehmood gave an outstanding performance and sung the Quetta Gladiators’ theme song.

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.

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Tetra Pak celebrates its 10 years of FSC™ certification

Wednesday, July 26, 2017

100% of the paperboard used in Greater Middle East and Africa region is from Forest Stewardship Council™ (FSC™) certified

This year marks Tetra Pak’s 10-year anniversary of FSC™ (Forest Stewardship Council™) certification, and we are proud to announce a rise in the number of companies in the Greater Middle East and Africa selling products in Tetra Pak packages that carry the Forest Stewardship Council™ (FSC™) label; almost half of Tetra Pak packages used in the region carry the (FSC™) label.

Mr. Jorge Montero, MD Tetra Pak Pakistan said, “As a major user of paperboard, we have a responsibility to ensure the world’s forests are managed in a socially just, environmentally appropriate and economically sound way. We can proudly say that 100% of the paperboard we use in Pakistan is FSC certified.”

He added, “Consumers are gradually becoming aware of environmental issues. Through the FSC™ label, our customers enable consumers to contribute towards protecting the environment. It is worth noting that, Engro Foods Ltd, Shakarganj Foods Ltd and Dairyland were amongst the first of our customers to adopt FSC Labelling and since then all our customers have followed suit in doing the same. Today, 65% of the packages sold in Pakistan are labeled FSC™”.

The FSC™ label on our cartons is a sign that they comply with FSC™ requirements relating to forest management and the traceability of the wood fiber in the paperboard. The first Tetra Pak package to be labelled with the FSC™ logo was delivered in 2007 and since then, the numbers have grown exponentially, and today we boast a total of 280 billion FSC™-labelled packages, delivered in over 90 countries and to more than 3,000 brands.

In our work to raise awareness of FSC™, we support initiatives around the world that increase understanding of sustainable forestry and encourage consumers to make responsible choices.
Find out more about our projects on our Sustainability page on www.tetrapak.com

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