Time magazine has tipped global and regional
digital leader LG Electronics to reach the top spot in the consumer
electronics industry in the next few years.
This follows on from the company's inclusion in
Business Week's Info Tech 100, an annual gauge of the computer
industry based on revenue, growth and profits. Time hailed LG's rise
to the top to the consumer electronics industry in its issue dated
June 21, describing CEO S.S Kim a 'Man of the People' and a leader
in innovative management. The company's marketing, management
innovation strategies and Kim's management philosophies won rave
reviews and were held responsible for LG's surging market presence.
Former Speaker of the National Assembly of
Pakistan, Gohar Ayub Khan has said building of friendly relations
between Pakistan and India was the need of the hour. Pakistan, he
said, was making positive endeavors towards the attainment of this
vital objective and there is a need for India also to take concrete
steps for the fruition of this goal. Mr. Gohar Ayub Khan said this
while speaking at a seminar on "Peace Process in South
Asia," organized by Preston University at its Campus in
Earlier, in his welcome address on the occasion
Chancellor of Preston University, Dr. Abdul Basit extended a very
warm welcome to Mr. Gohar Ayub Khan, Syed Kabir Ali Wasti and the
other distinguished guests, and thanked them for gracing the seminar
by their presence.
Mitsubishi Motors Corporation (MMC), Japan's
fourth largest automobile manufacturer and Dewan Mushtaq Motor
Company (DMMC) announced the institution of the 3S [Sales, Service
and Spare parts under-one-roof] dealership network for Mitsubishi
brand of vehicles in Pakistan at a press conference, recently.
DMMC signed Dealership Agreements with its first
group of dealers covering the entire country in front of the media
and unveiled a dealership model of a 'Mitsubishi 3S Dealership'.
DMMC is committed to provide sales and
after-sales services of unprecedented levels from these 35
dealerships being established in the cities of Karachi, Lahore,
Islamabad, Rawalpindi, Faisalabad, Peshawar, Multan and Gujranwala.
The announcement of the 35 dealership network was
followed by a full to capacity press conference attended by the
leading press and media personalities.
Dewan Mohammad Yousuf Farooqui, Chief Executive
of DMMC emphasized the commitment of the Dewan Mushtaq Group to the
Pakistan automobile market through introduction of world-renowned
brands like Mitsubishi. He said that the Pakistani market has been
waiting for the Mitsubishi brand for a long time now.
Re-introduction of the Mitsubishi brand to Pakistani market will
seriously challenge the dominance of countering Japanese brands and
will bring back quality Mitsubishi products, a trusted name in the
Mr. Farooq Mustafa, Chief Operating Officer of
DMMC said that having joined hands with MMC earlier this year, DMMC
has plans to look after the customers in a customer-centric system.
The fact that announcement of the 35 dealers' network is taking
place before any product launch, the traditional way of launching
car companies, is a manifestation of this commitment to put service