KOLKATA: China<\/a>’s Xiaomi<\/a> reported a near 152% on-year jump in revenue from overseas operations in the second quarter ended June to 16.4 billion yuan (Rs 16,693 crore approx), partly helped by strong growth in India smartphone<\/a> sales, although cost pressures mounted with the appreciation of US dollar vs the rupee and the yuan (RMB). 加尔各答:中国的小米报告同比上涨近152%收入来自海外业务第二季度截至6月164亿元(16693卢比约),部分得益于印度的强劲增长智能手机销售,虽然成本压力安装与美元和卢比的升值和人民币(元)。
“According to (research agency) Canalys<\/a>, our smartphones continued to experience rapid growth in the Indian market and ranked first in terms of market share by shipments in the second quarter of 2018,” Xiaomi said in an official statement Wednesday.
Further, the Chinese handset maker said “its offline smartphone sales in India achieved a market share of over 20%, and ranked No 1 in eight cities, according to GFK<\/a>,” in the second quarter of 2018.
Xiaomi reported a 14.63 billion yuan global net profit in the second quarter ended June, compared to a 11.97 billion yuan net loss a year back. Total revenue for the three months ended June jumped over 68% on-year to 45.24 billion yuan from 26.88 billion yuan in the year-ago period.
This is the first set of results that the Chinese company has reported after listing on the Hong Kong stock exchange recently.
Xiaomi, however, said “its cost of sales relating to the smartphones segment” jumped 62.2% on-year to 28.5 billion yuan in the quarter to June, primarily due to “increased smartphone sales and appreciation of the US dollar against the RMB and the Indian rupee”.
Xiaomi’s cost of sales relating to the smartphones segment rose 30% sequentially in the second quarter for the same reasons.
The rupee had plunged to an all-time low versus the greenback in June quarter, and recently crashed further to Rs 70.09 vs the US dollar this month.
Xiaomi had dethroned Samsung<\/a> in India’s super-competitive smartphone turf in the April-June quarter, with both players recording stellar shipment growth to corner a combined over 60% share, research agency Canalys had recently reported. The Chinese handset vendor had just edged past the Korean phone maker by cornering a 30.4% market share in India compared to Samsung’s 30.2% in the April-June period.
Xiaomi said it had also built “a significant market share in India’s smart TV space by the June quarter-end,” following launch of smart TVs in the country in February this year.
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”(研究机构)Canalys,我们的智能手机继续体验印度市场的快速增长和排名第一的市场份额在2018年第二季度的发货量,”小米说周三在一份官方声明。
此外,中国手机制造商说:“离线智能手机销售在印度取得了超过20%的市场份额,在8个城市和排名1,根据捷孚凯”,在2018年第二季度。
这是第一组结果,这家中国公司已报告在最近在香港证券交易所上市。
然而,小米说,“智能手机销售成本相关部门“同比增长了62.2%,达到了285亿元在4 - 6月季度,主要是由于“智能手机销量增加,美元兑人民币升值,印度卢比”。
小米的销售成本与第二季度智能手机市场较上季成长30%出于同样的原因。
卢比兑美元汇率已跌至纪录低位,6月季度,最近坠毁进一步Rs本月vs 70.09美元。
小米已经退位三星在印度,具有超级竞争力的智能手机,4 - 6月当季的地盘,与球员记录恒星装运合计超过60%份额增长角落,研究机构Canalys最近报道。中国手机厂商刚刚走过去的韩国手机制造商垄断占有30.4%的市场份额在印度相比,三星在4 - 6月的30.2%。
小米说它还建立“一个巨大的市场份额在印度的智能电视空间6月底以来,“后推出智能电视今年2月。
KOLKATA: China<\/a>’s Xiaomi<\/a> reported a near 152% on-year jump in revenue from overseas operations in the second quarter ended June to 16.4 billion yuan (Rs 16,693 crore approx), partly helped by strong growth in India smartphone<\/a> sales, although cost pressures mounted with the appreciation of US dollar vs the rupee and the yuan (RMB).
“According to (research agency) Canalys<\/a>, our smartphones continued to experience rapid growth in the Indian market and ranked first in terms of market share by shipments in the second quarter of 2018,” Xiaomi said in an official statement Wednesday.
Further, the Chinese handset maker said “its offline smartphone sales in India achieved a market share of over 20%, and ranked No 1 in eight cities, according to GFK<\/a>,” in the second quarter of 2018.
Xiaomi reported a 14.63 billion yuan global net profit in the second quarter ended June, compared to a 11.97 billion yuan net loss a year back. Total revenue for the three months ended June jumped over 68% on-year to 45.24 billion yuan from 26.88 billion yuan in the year-ago period.
This is the first set of results that the Chinese company has reported after listing on the Hong Kong stock exchange recently.
Xiaomi, however, said “its cost of sales relating to the smartphones segment” jumped 62.2% on-year to 28.5 billion yuan in the quarter to June, primarily due to “increased smartphone sales and appreciation of the US dollar against the RMB and the Indian rupee”.
Xiaomi’s cost of sales relating to the smartphones segment rose 30% sequentially in the second quarter for the same reasons.
The rupee had plunged to an all-time low versus the greenback in June quarter, and recently crashed further to Rs 70.09 vs the US dollar this month.
Xiaomi had dethroned Samsung<\/a> in India’s super-competitive smartphone turf in the April-June quarter, with both players recording stellar shipment growth to corner a combined over 60% share, research agency Canalys had recently reported. The Chinese handset vendor had just edged past the Korean phone maker by cornering a 30.4% market share in India compared to Samsung’s 30.2% in the April-June period.
Xiaomi said it had also built “a significant market share in India’s smart TV space by the June quarter-end,” following launch of smart TVs in the country in February this year.
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