Related news: Xiaomi: net profit of 3.37 billion yuan in the second quarter of 2020 decreased by 7.2% year on year
Sina science and technology news on the afternoon of August 26, millet The Group released its financial report for the second quarter of 2020, with revenue of 53.54 billion yuan in the second quarter and market expectation of 51.4 billion yuan, compared with 51.951 billion yuan in the same period last year. In the second quarter of 2020, the net profit was 3.37 billion yuan, 3.635 billion yuan in the same period last year, down 7.2% year on year.
The financial report shows that in the second quarter of 2020, the global epidemic will have a great impact on the overall smartphone market. The revenue of smart phones in this quarter was 31.6 billion yuan, down 1.2% year on year millet The sales volume of smart phones was 28.3 million.
At the same time, thanks to the increase in the proportion of sales of medium and high-end mobile phones, the average price of Xiaomi's global smart phones ("ASP") continued to rise, up 11.8% year on year and 7.5% month on month. According to Canalys' statistics, in the second quarter of 2020, Xiaomi's global smartphone shipments ranked fourth in the world, with a market share of 10.1%.
