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LG Electronics Inc. has said its first quarter operating profits are expected to drop 18.8 per cent from a year earlier, mainly due to its sluggish smartphone business.
In an earnings guidance, the South Korean electronics major said it expects to post 899.6 billion Won ($791.8 million) in operating profits in the January-March period — above the average market expectation of around 800 billion won.
Its sales are expected to be 14.9 trillion Won in the first three months of 2019, sliding 1.4 per cent from a year ago, the firm said.
The company did not provide detailed performances for each division, saying it will release its earnings report later in April, Yonhap news agency reported.
The operating profit in the preliminary earnings report was up more than 11 times from the previous quarter figure and the company’s second-highest quarterly record.
Market watchers say the strong demand for home appliances was expected to have improved its profitability, offsetting losses from the sluggish mobile business.
In the wake of the worst bout of fine dust in South Korea this year, LG Electronics posted brisk sales of products related to air quality, such as air purifiers, dryers and clothing-care home appliances.
Sales from its home appliance rental service have also been on the rise as more people opt for renting gadgets to save money on purchases, installations and maintenance.
“The release of new televisions and home appliances are expected to enhance LG Electronics’ profitability, but it may be hard for the mobile communication division to make a turnaround in the first quarter,” Park Sung-sun, an analyst at BNK Investment and Securities, said.
In March, LG released its new flagship smartphone — the G8 ThinQ — which drew a lukewarm market response compared with Samsung’s Galaxy S10. It plans to release the V50 ThinQ, its first 5G smartphone with a detachable second screen, in South Korea on April 19.
Analysts estimated LG posted over 200 billion Won in operating losses from its mobile business in the first quarter, extending losses from a year ago and marking the eighth consecutive quarterly deficit.
According to industry tracker Strategy Analytics, LG smartphones’ market share fell from 17.4 per cent in 2017 to 14.3 per cent in 2018 in South Korea. Its share in the North American market also fell from 16.9 per cent to 15.9 per cent over the cited period.
“It is important to create enough demand to cover the rise in marketing costs when the flagship smartphones go into full-scale sales in the second quarter,” Koh Ui-young, an analyst at HI Investment and Securities, said. (IANS)
Winter weather is harsh on the skin and one needs more than just moisturising to see you through the season. Skin ageing is natural, but you can make it graceful! Kama Ayurveda's newly launched Amarrupa Face Oil accelerates the production of skin collagen and increases the skin's elasticity. It should be applied on the face and specific concerning areas like the neck, crow's feet, and the under-eye.
The Amarrupa Wrinkle Repair & Firming Face Oil is specially formulated for mature skin, enriched with antioxidants and natural actives that nourish and repair skin. The Face Oil is a true multi-tasker since it not only moisturises and firms skin but also reduces signs of ageing like wrinkles and the development of crow's feet. The best part? This highly potent formulation is clinically tested to reduce under-eye dark circles by 31 percent. Clinical trials reveal consistent use results in 15 per cent firmer skin, 36 per cent smoother skin, 31 per cent reduction in under eye dark circles.
Enriched with ingredients that promote collagen synthesis to reduce fine lines and wrinkles it intensely nourishes the skin. | Photo by Soroush Karimi on Unsplash
Ingredients include Centella Asiatica, an anti-inflammatory and anti-ageing herb that stimulates the skin's own collagen production and also repairs skin damage. Indian Gooseberry and Citron Fruit are a powerhouse of Vitamin C that not only improves the complexion but also enhances and nurtures the skin. Oleic Acid, an Omega-9 fatty acid that replenishes lost moisture without clogging pores. Natural actives such as Arjuna Extracts strengthen the skin barrier, reduce dryness, and protects the skin from external aggravators. Carrot Seed Oil plumps skin, reducing the appearance of wrinkles and fine lines, giving an even skin tone.
It firms lose, wrinkled skin improving skin texture, locking in hydration and defends skin against pollution and cold weather through its natural actives. Enriched with ingredients that promote collagen synthesis to reduce fine lines and wrinkles it intensely nourishes the skin.
*Based on clinical trials conducted over 28 days
*Based on a 4-week clinical study conducted on men and women between 36-55 years with loose skin, pigmentary spots, crow's feet, wrinkles, uneven skin tone and visible under-eye puffiness. (IANS/ MBI)
(Keywords: Firming Face Oil , Wrinkle Repair, Amarrupa Face Oil , Kama Ayurveda, skin , Winter, Youthful, Skin, Firming Oil )
By N. Lothungbeni Humtsoe
Life was moving at a fast pace for most of us and then the pandemic hit. The pace definitely slowed down and gave us an opportunity to look back at our lifestyle, routine and our most cherished old memories. 'Looking back' through your old photos on a phone versus flipping through a glossy photo album and reliving each memory? Getting teary eyed at some, and straight up howling with laughter at some others.
Today, advancement in technologies has opened up an ocean of possibilities. So how does one hold on these closest moments and memories in a thoroughly tangible way? Sachin Kataria, CEO, Zoomin shares all the minute details to make festive season personal.
Moving from gifts to personal stories: Gifts are no longer just confined to material items of a certain 'price tag'. Gifting someone is now seen as a chance to create a unique experience and splash of emotions that the receiver can enjoy for years to come. It's a fact that preserving memories is now a lot easier with delivery partners that can convert digital memories into actual personalised frames, albums and a host of memorabilia. And this makes it so much easier and quicker for you to hold meaningful memories close to your heart.
Gifts are no longer just confined to material items of a certain 'price tag'. | Photo by freestocks on Unsplash
Reframing moments of joy: It isn't always possible to create a photo album or a photo frame of all your special moments or even gift them all the time. This is where new age personalized gifting platforms are a boon. It is now possible to add a touch of personalization to any gift item making it that much more special and meaningful for both the giver and the receiver. One can choose from functional items such as coffee mugs or calendars to more stylized gifts like Canvas Prints and Photo décor and add a favorite memory to make the gift item personal and more valuable.
It isn't always possible to create a photo album or a photo frame of all your special moments or even gift them all the time. | Photo by Rirri on Unsplash
Festive season Fun: Why just adorn your house with lights and flowers? Add a touch of 'YOU' to plain walls and table tops and make them more intimate during special occasions. Some simple Photoprints and colorful, wall-safe washi tapes or magnetic ropes can add a touch of style without leaving any pin marks.
Why just adorn your house with lights and flowers? | Photo by Raj Rana on Unsplash
New-age apps offer products that are both affordable and of excellent quality - could there be a better deal than this? With the 2022 calendar and planner season around the corner, one can experiment and customize some cool calendars for friends, family, colleagues, business contacts etc. These will last on someone's wall (or table) for a few years. What's more, your gift will be more than just another product... it will be a canvas upon which a beautiful story unfolds! (IANS/ MBI)
(Keywords: flowers, photo album, personal, festive season, life, pandemic)
Boredom seems to be an unavoidable aspect of existence. Sure, you can pass the time on social media sites like Instagram, Facebook, and Twitter when you’re bored but you can only browse for so long before things become monotonous and uninteresting. The internet has revolutionized the world in various ways, be it politics, shopping, or journalism, to name a few. It has also completely redefined how individuals spend their time.
If there is ever a point when the internet is the most beneficial, it’s for curing boredom. Internet is vast and has dozens of websites that may be used to break the monotony.
The internet is vast and has dozens of websites that may be used to break the monotony. | Photo by John Schnobrich on Unsplash
Take a look at these entertaining time-killing websites and put an end to boredom! Here’s the ultimate list of entertaining websites, ranging from intriguing, amusing, and unexpected time-wasters to strange websites to visit while bored.
#1 Find the Invisible Cow: Make sure to keep your volume high for this fun game. Hover your cursor over the screen as you hear the sounds changing their intensity. Keep searching for the cow and click when you think it’s there!
Keep searching for the cow and click when you think it’s there! | Scriptist
#2 Hacker Typer: Do you want to feel like one of those awesome hackers from a Bollywood film? Simply go to this website and smash the keys! As you pretend to be a spy hacking into some vital mainframe, this will thrill and entertain you.
Simply go to this website and smash the keys! | HackerTyper
#3 Wayback Machine: Take a look at some of your favourite websites before they were completely revamped with the help of this website. You only need to enter a URL and select a date. The Wayback Machine will then display a picture of the website from the specific day you’ve chosen.
Take a look at some of your favourite websites before they were completely revamped with the help of this website. | WaybackMachine
#4 The Useless Web: You go to this website, click a large button, and then get sent to a random website on the internet. You may be given a simple game to play, a rain of corn dogs, an endless horse, or you may witness a guy being smacked with an eel.
You go to this website, click a large button, and then get sent to a random website on the internet. | Tim Holma
#5 Pointer Pointer: To begin, move your cursor across the desktop, then wait 3 seconds for a picture of someone, object, or a group of people to emerge on your screen, pointing right at your cursor.
Move your cursor across the desktop and wait for a picture of someone, object, or a group of someone’s to emerge on your screen, pointing right at your cursor. | Pointer Pointer
So there you have it, five websites to cure your boredom from the depths of the internet.
(Keywords: Pointer Pointer, The Useless Web, Hacker Typer, Hacker Typer, Find the Invisible Cow, internet, Facebook, Twitter, Instagram, social media, Boredom, Websites)