LG Philippines Joins ESGS 2023, Unveils Gaming Monitors for Thrill-Seekers

The Electronic Sports and Gaming Summit (ESGS) marked its 10th edition last November 3-5 at the World Trade Center in Pasay City, bringing together enthusiasts, cosplayers, gamers, and tech aficionados for an unforgettable celebration. In a remarkable first-time participation, LG Philippines took center stage at ESGS 2023 by setting up its own booth, complete with gaming areas that showcased an array of monitors tailored to meet the unique preferences of every gamer.

LG's booth featured four remarkable monitors, each designed to deliver the ultimate gaming experience, whether it's an action-packed game or an adrenaline-pumping thrill ride. Among the highlights were the "UltraGear Racing," where a driving simulator was connected to the 45GR95QE, offering a lifelike racing experience. Additionally, "UltraGear Sports" demonstrated the monitor's optimal gaming frame rate when paired with a Nintendo Switch.

At the heart of LG's gaming showcase was the 45GR95QE, an ideal monitor for gamers with its 45" WQHD 21:9 Curved OLED Display. Boasting a 240Hz Refresh Rate, this monitor ensures that images are displayed at an astounding 240 times per second. The impressive 0.03ms Grey-to-grey Response Time ensures that the monitor can keep up with fast-moving images in action-packed games. With a 1.5M:1 Contrast Ratio, the monitor strikes the perfect balance between the brightest whites and the darkest blacks, delivering an exceptional gaming experience. The inclusion of AMD Free Sync Premium guarantees smooth, low-latency gameplay, making it a must-have for gamers seeking the best gaming experience.

Gamers immersed in LG's monitors found themselves in a world of elevated excitement while playing popular titles such as Call of Duty, Wii Sports, Gran Turismo, or League of Legends. The LG booth attracted countless visitors eager to experience how the monitors transformed their games into a realm of realism, with cosplayers adding to the vibrant atmosphere.

An additional attraction at the LG booth was "The Falling Magnet," adding an extra layer of intrigue and engagement for visitors.

To stay updated on LG's latest monitors, offerings and innovations, follow @LGPhilippines on Facebook, Instagram, Tiktok and Youtube. LG products are available through authorized dealers nationwide, both in-store and online. For a comprehensive list of retail partners, visit lg.com/ph or explore LG's Official Flagship Stores on Lazada and Shopee.

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ZTE hosts 5G Summit & User Congress 2023 in Thailand, unveiling the digital future with the theme "Embrace the Digital Nexus"

• Themed "Embrace the Digital Nexus,” the ZTE 5G Summit & User Congress 2023 brought together global telecom regulators, industry organizations, carriers, think tanks, partners, and analysts to share valuable insights on 5G, future networks, and digital innovations
• The ZTE 5G Summit and User Congress 2023 provides a unique platform for global partners to exchange ideas and collectively shape the future of communication in the digital era
• Working alongside 110 operators on 5G, ZTE has fostered an ecosystem with over 1000 industry partners

ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, has inaugurated its annual 5G Summit & User Congress 2023 in Thailand today. Themed "Embrace the Digital Nexus," the two-day event brought together telecom regulators, industry alliances, standardization organizations, carriers, think tanks, industry partners, and analysts from GSMA, IMT-2020(5G) PG, IMT-2030(6G) PG, CCSA, TMF, ABI, CCS Insight, and other eco-partners from the worldwide to share valuable insights, perspectives and practical case studies, exploring trends in 5G, future networks, and the digital landscape.

Xiao Ming, President of Overseas at ZTE delivered an opening speech at the summit. He pointed out that, "In this interconnected world empowered by 5G-A, where space and earth are linked, between them is the ubiquitous network. Such as the XR and Metaverse are crafting realities previously unimagined. The digital force uplifts all industries, propelling human civilization to break barriers and ascend in these transformative times continuously. Dreamers among us are courageously bringing these to life. Infinite evolution leads to a thriving intelligent century."

Xiao Ming, President of Overseas at ZTE

Xiao Ming underscored ZTE's insights and practices in the digital industry. "Working alongside 110 operators on 5G, we've fostered an ecosystem with over 1000 industry partners," he stated. "Our vision for the future emphasizes digital cohesion, where functionalities are modular, easily accessible, and customizable. Our focus remains on capacity, efficiency, fusion, and green."

John Hoffman, CEO of GSMA Ltd., said, "5G networks, 5G Advanced, and the technologies they enable, will revolutionize the world. But we must keep working together to build a sustainable future, where everyone, everywhere can reap the full benefits of connectivity. The ZTE 5G Summit is a great opportunity for the industry to share knowledge and best practices for the future, and we look forward to continuing the conversation at MWC Barcelona 2024!"

John Hoffman, CEO of GSMA Ltd.

Rudolf Schrefl, CEO, Hutchison Drei Austria, said, "Embracing 5G stands not just for technological upgrade, but for revolutionizing customer experience—connecting people and devices with unprecedented speed and reliability, turning every digital interaction into a seamless journey, transforming how we live, work, and engage with the world around us."

Rudolf Schrefl, CEO, Hutchison Drei Austria

With the digital economy emerging as the primary driving force for sustained and stable global growth, ZTE is dedicated to becoming the Driver of the Digital Economy, with the commitment involving supporting global digital transformation through innovative ICT technologies.

Bolstered by a comprehensive portfolio encompassing wireless and wireline solutions, services, devices, and professional telecommunications services, ZTE possesses the flexibility to meet the diverse requirements and rapid innovation needs of global operators, government entities, and enterprise network customers.

During the event, ZTE showcased its innovative products, solutions, and best practices at Thailand's innovation center, illustrating the interconnected and transformative nature of everything in the digital landscape.

In the "Wireless Everything" area, ZTE demonstrated strategies to modernize existing 4G networks for future 5G success. The showcase extended the boundaries of 5G experiences, coverage, and services, emphasizing the importance of enhancing networks with native tools and green energy infrastructure.

As a leading player in the all-optical network field, ZTE activated the new value of an all-optical network through an end-to-end product series. This highlights ZTE's commitment to advancing optical network technologies.

In the servers and storage area, ZTE contributed to the digital era with full-scenario servers and storage solutions, providing the essential power for the ongoing surge in digital demands.

ZTE Mobile Devices adheres to the global brand vision of "Better for All," bringing numerous innovative smart devices to the event, including nubia Pad 3D as the world's first AI-powered eyewear-free 3D tablet, nubia Neo 5G as a 5G gaming phone for global beginners, and Blade V50 Design with an elegant appearance. The market share of ZTE FWA & MBB products ranks first in the world, MC888 and other 5G FWA & MBB products are presented at the event as well. ZTE is committed to satisfying global consumers by providing competitive products & services with better price, better experience and better quality, and aims to be the better choice for all and go beyond their expectation.

Together with operators as well as industry and ecosystem partners, ZTE aims to build a digital and intelligent ecosystem for shared success and will always play its part in promoting sustainable development.

The ZTE 5G Summit and User Congress 2023 provides a unique platform for global partners to exchange ideas and collectively shape the future of communication in the digital era. With the theme of "Embrace the Digital Nexus," the ZTE 5G Summit and User Congress 2023 was held on November 14 and 15 in Bangkok, Thailand. 2023 marks the annual ZTE Global User Congress' 10-year anniversary. For more information, please visit: https://www.zte.com.cn/global/about/exhibition/5g_summit_2023.html

ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global. Follow the official ZTE Corporation social media channels on Facebook, Twitter, LinkedIn and Youtube.

You may also check the updates on ZTE Devices Philippines’ official social media accounts on Facebook, Instagram, and Tiktok (@ztedevicesph).

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LG Showcases Commitment to Culture and Community Through Partnership with CCP's Himig Himbing Event

LG Electronics, one of the global leaders in home entertainment and innovation, is proud to announce its collaboration with the Cultural Center of the Philippines (CCP) in support of the upcoming "Himig Himbing: Mga Heleng Atin" event. This partnership underscores LG's dedication to fostering cultural enrichment and supporting the vibrant arts community in the Philippines.

"Himig Himbing: Mga Heleng Atin," a project initiated by the CCP, was designed to celebrate and nurture Filipino heritage through songs and lullabies. The event, which took place on November 5, 2023, at the Tanghalang Ignacio Gimenez (TIG), was an unforgettable celebration of Filipino cultural identity and also served as a book launch for "Himig Himbing."

This year, "Himig Himbing" introduced a fresh dimension with the addition of eight new music videos, each featuring lullabies inspired by the meticulous research of esteemed ethnomusicologist Sol Trinidad, with musical arrangements by Krina Cayabyab. These videos were directed by some of the most renowned Filipino filmmakers in the industry, including Zig Dulay, Jerrold Tarog, Sheron Dayoc, Doy and Ida Del Mundo, Ma-an Asuncion Dagñalan, Vic Acedillo Jr, Arden Condez, and Christopher Gozum.

LG Electronics played a pivotal role in bringing this extraordinary event to life. As part of its commitment to the arts and cultural enrichment, LG provided ten top-of-the-line TV units for the event. These TVs served as the canvas upon which the captivating music videos from the talented filmmakers were showcased, delivering a visually stunning and immersive experience for all attendees.

Speaking about LG’s involvement with the event, LG PH Managing Director Sungjae Kim said, “LG Electronics believes in the power of technology to enrich lives and strengthen cultural ties. By supporting events like ‘Himig Himbing,’ we aimed to contribute to the preservation and celebration of the rich cultural heritage of the Philippines.”

Life’s about more than having the latest technology, rather, it’s about the experiences technology creates that impact our lives. LG Electronics Philippines delivers consumer electronics through top-of-the-line home entertainment, home appliances, and air solution products that prepare Filipinos for their greatest moments. LG promises to bring “Innovation for a Better Life” nationwide – from Luzon, to Visayas, and Mindanao.

For more details, follow LG Philippines on Facebook, Instagram, Youtube and Tiktok. LG products are available in all authorized dealers nationwide both in-store and online. Visit lg.com/ph for a complete list of our retail partners. You can also visit LG’s Official Flagship Stores in Lazada and Shopee.

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Trailer for The Garfield Movie starring Chris Pratt is now available!

Good times are ahead as The Garfield Movie, starring Chris Pratt as the voice of everyone’s favorite lazy orange tabby, is coming soon exclusively in cinemas.

Watch the trailer below:

Garfield (voiced by Chris Pratt), the world-famous, Monday-hating, lasagna-loving indoor cat, is about to have a wild outdoor adventure! After an unexpected reunion with his long-lost father – scruffy street cat Vic (voiced by Samuel L. Jackson) – Garfield and his canine friend Odie are forced from their perfectly pampered life into joining Vic in a hilarious, high-stakes heist.

Directed by Mark Dindal, from a screenplay by Paul A. Kaplan & Mark Torgove and David Reynolds. Based on the Garfield® characters created by Jim Davis.

Produced by John Cohen, Broderick Johnson, Andrew A. Kosove, Steven P. Wegner, Craig Sost, Namit Malhotra and Crosby Clyse, with Jim Davis serving as one of the executive producers.

Led by Chris Pratt as the voice of Garfield, the cast includes Samuel L. Jackson, Hannah Waddingham, Ving Rhames, Nicholas Hoult, Cecily Strong, Harvey Guillén, Brett Goldstein and Bowen Yang.

Coming soon in cinemas, Garfield is distributed in the Philippines by Columbia Pictures, local office of Sony Pictures Releasing International.

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2023 LG Smart Monitors Don't Require a PC Connection

New 31.5- and 27-inch LG SMART Monitors Feature Outstanding IPS Displays,
Built-in Remote-working Features and Content Curation Services

LG Electronics (LG) is unveiling its latest LG SMART Monitor lineup (models 32SR50F and 27SR50F). The versatile, new 31.5- and 27-inch monitors don’t require any PC connection at all, and are ideal for productivity. Along with advanced IPS displays that deliver true-to-life colors and strong contrast, LG SMART Monitors feature LG’s webOS 23 platform, which provides more convenience for working remotely as well as streaming their favorite shows, sports and music.

Great for entertainment and getting work done, LG SMART Monitors boast high-performance IPS displays and HDR 10 support. The vibrant, accurate images produced by the new monitors help bring content to life and also enhance the user’s experience when participating in conference calls, working on documents, or researching on the Internet. With its 3-sided virtually borderless design, the 27-inch model presents a sleek, minimalist look that can elevate one’s space and boost their sense of immersion.

27SR50F

32SR50F

Equipped with webOS 23, the latest LG SMART Monitors offer outstanding convenience. The 32SR50F and 27SR50F provide easy access to streaming apps1 tailored recommendations for movies, series and music from the Home Board screen, and personalized sports profiles2 – complete with customizable sports service cards – that make it simple for users to keep up with the sports they love. LG SMART Monitors store the user’s favorite leagues and teams, notify them of upcoming games, and provide up-to-date schedules and key statistics. Also included is the LG Mood Music function, which serves as a personal DJ; curating playlists based on the user’s musical preferences.3

Handy solutions for those working from home, the monitors come with built-in LG Home Office software that supports various productivity programs4 including Microsoft 365 and Google Calendar. LG SMART Monitors help further enhance workflow and remove the need to connect directly to a PC by allowing users to easily share content from their smart devices via AirPlay 2 and Miracast. The new monitors can even function as smart home hubs, with support for LG’s ThinQ Home Hub making it possible for users to monitor and manage their home appliances. Through the ThinQ app, the 32SR50F and 27SR50F are able to connect with various IoT-compatible household appliances, such as refrigerators and washing machines.

“The LG SMART Monitor series is designed with a focus on meeting the personal preferences and unique demands of various kinds of users,” said Seo Young-jae, senior vice president and head of the IT business unit of LG Electronics Business Solutions Company. “Moving forward, LG plans to introduce new SMART Monitors that will be able to accommodate an even broader range of lifestyle needs.”

The new LG SMART Monitors are scheduled to be released in key markets in North America, Europe, Asia, the Middle East and South America, with availability starting in the U.S. this November. 5

Key Specifications:

		LG SMART Monitor (32SR50F)	LG SMART Monitor (27SR50F)
Size / Resolution	Screen Size	31.5-inch	27-inch
	Resolution	FHD (1,920 x 1080)	FHD (1,920 x 1080)
Graphic	Panel	IPS	IPS
	Color Gamut (Typ.)	sRGB 99%	NTSC 72%
	HDR	HDR 10	HDR10
	Refresh Rate / Response Time	60Hz / 8ms	60Hz / 14ms
Interface	USB Type-C™	-	-
	HDMI	O (x2)	O (x2)
	USB 2.0	O (x2)	O (x2)
	Wi-Fi	O	O
	Bluetooth	O	O
	Speaker	5W (x2)	5W (x2)
Smart Feature / Service	OS	webOS 23	webOS 23
	Microsoft Office	O	O
	Voice Assistant	LG ThinQ, Alexa	LG ThinQ, Alexa
	Mobile Casting/Mirroring	AirPlay 2 / ScreenShare	AirPlay 2 / ScreenShare
Accessory		HDMI / White Remote Control	HDMI / White Remote Control

The LG Business Solutions Company is a trusted partner offering innovative products and solutions for diverse industries worldwide. With a portfolio of unique offerings ranging from industry-leading OLED to LED signage, LG is a respected name among customers around the world. LG’s IT solutions include business monitors, laptops, projectors, cloud devices, medical displays and commercial robots, all designed to maximize work efficiency and return strong value to customers. For more on LG’s Business Solutions, visit www.LG.com/b2b.

For more details, follow LG Philippines on Facebook, Instagram, Youtube and Tiktok. LG products are available in all authorized dealers nationwide both in-store and online. Visit lg.com/ph for a complete list of our retail partners. You can also visit LG’s Official Flagship Stores in Lazada and Shopee.

 

1 LG webOS 23 supports streaming services such as Netflix, Amazon Prime Video, Disney+ and YouTube.
Many streaming apps available on webOS require a paid subscription. Support for specific streaming apps may vary by country.

2 Feature only available on models sold in the US market.

3 Access is available after logging in and completing preferred team registration.

4 Separate login to the program is required.

5 Available model options may vary by country.

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Chinabank’s 9-month net income reaches P16.2B

• 15.6% ROE and 1.6% ROA, still among the highest in the industry
• Sustained core business strength and stable asset quality: 2.2% NPL ratio and 126% NPL cover, both better than the industry average.  
• Healthy cost-to-income ratio despite higher investments in technology and manpower development. 
• Book value per share (BVS) grew 7% to P52.50.

Chinabank Makati Main branch

China Banking Corporation (Chinabank, PSE stock symbol: CHIB) recorded P16.2 billion in net income from January to September 2023, 10% higher compared to the same period last year.  This translated to a return on equity of 15.6% and a return on assets of 1.6%.  

Chinabank’s bottom line in the last nine months improved on the back of robust growth from core businesses and lower loan loss provisions.  For the third quarter alone, the bank netted P5.4 billion in profits, up 16% from the same period last year. 

“Chinabank’s sustained growth reflects the successful execution of our business strategies. Despite the current high interest rate environment, we continue to grow our bottom line by preserving our margins, managing our overall costs effectively, and bringing greater efficiencies to our operations with technology,” Chinabank President & CEO Romeo D. Uyan, Jr. said.

Net interest income grew by 16% to P39.2 billion as the 44% surge in top line revenues cushioned the nearly triple increase in interest expense. Net interest margin was maintained at 4.2%.  

 

The bank reduced its total credit provisions to P1.3 billion given its stable portfolio quality. Despite this, non-performing loans (NPL) cover remained better-than-industry at 126%.  

 

Operating expenses increased by 14% to P20.5 billion, driven by higher manpower and

inflation-related expenses and bigger volume and revenue-related taxes.  Cost-to-income ratio

remained healthy at 50%.   

Chinabank remains as the 4 th  largest private domestic bank with total assets of P1.4 trillion, up

11% year-on-year.    

  

Gross loans grew by 10% year-on-year to P765 billion, driven by the 19% expansion in consumer loans, particularly teachers’ loans and credit cards. The bank’s level of bad loans continued to be manageable, posting a better-than-industry average NPL ratio of 2.2%.  

 

Total deposits increased by 14% to P1.1 trillion resulting to a 49% CASA ratio as term deposits grew year-on-year.

"Our balance sheet remains strong.  A quality loan book has helped us during a period of rising interest rates.  We also continued to optimize our capital structure, maintaining strong capital generation and asset quality,” Chinabank CFO Patrick D. Cheng said.   

 

Total capital grew by 7% to P141 billion, with Common Equity Tier 1 Ratio at 14.9% and Total Capital Adequacy Ratio at 15.8%, well above the minimum regulatory requirement. Book value per share was at P52.50, up 7%. 

 

Chinabank was recently named by the People Management Association of the Philippines as the 2023 Employer of the Year, the only bank to win the prestigious award in 30 years. This recognition for the bank's outstanding human resources practices comes in the heels of its latest accolades: Outstanding Wealth Management Service for the Affluent Award from the Private Banker International and Five-Golden Arrow Award from the Institute of Corporate Directors, the second time Chinabank has won this distinction for its excellence in corporate governance.

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5 Ways to maximize your savings this 11.11

It’s sale season once again and we are all looking forward to the best deals from our favorite brands! With Christmas around the corner - we are also on the lookout for gifts! So I’m sure we all have our alarms ready for 11.11 midnight.

It does not have to be all about spending though - you can also save so that you can shop more! And that is possible with ShopBack - where you can get cashback for every purchase. And with 11.11 being the biggest sale of the year - you can be assured these are the best deals that you can get thus the hashtag #PinakaExtraaa!

Here are our tips on how you can maximize your shopping experience with ShopBack:

Double Your Cashback
For 11.11 - users can get a chance to double their cashback when they join the challenge in the ShopBack app. Winners are picked daily and in fact there are some winners already! You can see below that some users got P400 cashback from Nike which would now be P800! That is a lot of savings. The one who shopped from Klook gets an even bigger one with now P1,500+ cashback. That is enough additional pocket money for your next trip!

P11 New User Guarantee + P11,000 referral bonus
Users who sign up and make a purchase via Shopback from November 3-13 would also get a minimum guarantee of P11 cashback! For these users - if they get lower than P11 cashback on their first purchase - they would be given the remaining amount within 7 days.

Moreover, referring friends on ShopBack would also give you even more savings. On top of the P100 referral bonus - users also get a chance to win P11K by participating in the referral challenge.

Higher cashback from your favorite brands
This is where it gets exciting - the cashback rates for your favorite brands. For example - Uniqlo is giving up to 15% cashback this 11.11. That means for a P10,000 purchase you get P1,500! That is enough for another outfit! You can maximize your savings further with travel - where you can get cashback deals from Agoda and Booking.com - for a P10,000 hotel stay you get P750 back!

Join the Shopback challenges
On top of the cashback you get from purchasing from brands - you can also get cashback by joining other challenges in the ShopBack app! Challenges give you bonus cashback when you complete certain actions. For instance - you can get up to P100 by just visiting stores! Another challenge also gives rewards for every purchase in a category like travel, fashion, or sports. Challenges may be accessed by tapping EARN MORE on the Shopback homescreen.

There are also exciting challenges that you asked for! A couple of weeks ago - users were asked what deals they want and that is being given! Some of these include a 50% cashback challenge on Nike, Adidas, and more, a chance to win an P11K shopping spree with Lazada, and even a chance to win hotel stays with Expedia.

Avail this exclusive offer
You can get P110 bonus cashback when you sign up with this link: https://app.shopback.com/phl/partner/SBPH1111PR

If you are an existing user - go to EARN MORE, click code, and input SB11PR to get an extra P50 cashback when you purchase at least P500.

So what are you all waiting for, shop now!

About ShopBack
The ShopBack Group is Asia-Pacific’s leading shopping, rewards, and payments platform, serving over 38 million shoppers across ten markets.

ShopBack was founded in 2014 and today, ShopBackers across the region continue to win over shoppers by constantly upping their game - be it rewards or meaningful experiences - such that shoppers can achieve a personal victory every time they use ShopBack.

The Group powers over US$3.7 billion in annual sales for over 15,000 online and in-store merchant partners. In 2022, ShopBack launched ShopBack Pay and PayLater, extending the platform's offerings into financial services, and providing shoppers responsible and convenient payment options at checkout.

Download the ShopBack app on Google Play, AppStore or App Gallery. For more exciting ShopBack offers, visit the official website at https://www.shopback.ph/ and follow the official social media channels on Facebook, Instagram and Tiktok.

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