South Korea’s LG Electronics is closing its mobile business unit after nearly six years of losses totalling $4.5 billion. The move makes it the first major smartphone brand to withdraw from the market.
LG said the mobile phone business will wind down by July 31, although inventory of some existing models may still be available post that.
LG’s exit would present an opportunity to Apple and Samsung to gain more customers, especially in the US where LG’s market share was 9% in December 2020.
The Maharashtra government has declared an area at Amboli in Western Ghats in Sindhudurg district as a biodiversity heritage site.
The decision to declare the area as the bio-diversity heritage site is taken because of discovery of rare fish species.
Earlier, the State government had declared the Glory of Allapalli in Gadchiroli district, Landor Khori Park in Jalgaon, Ganesh Khind in Pune, myristica swamp vegetation in Sindhudurg district as biodiversity heritage sites.
India recorded its third warmest March in 121 years, the India Meteorological Department (IMD) has stated in its monthly report.
The monthly maximum temperature recorded over the country last month was 32.65 degrees Celsius versus a normal of 31.24 degrees, making March 2021 also the warmest since 2011 over the country.
The minimum and mean temperatures recorded over India last month were also above normal. The overall increase in temperatures was observed on a day-to-day basis and was not due to any particular weather.