Tag Archives: Q3

Xiaomi India Says Over 2 Million Smartphones Sold in Q3 2016

Xiaomi has claimed that it has sold over 2 million smartphones in India in the third-quarter of 2016. The Chinese company revealed the news via a tweet. Xiaomi also claimed that it achieved over 150 percent year-on-year growth from Q3 2015 to Q3 2016. The figures claimed by Xiaomi are impressive considering that the third-quarter is yet to get over. ... Read More »

Smartphone Shipments in India Cross 30 Million Units in Q3 2016: IDC

For the first time, the smartphone market in India crossed the 30 million unit shipments milestone in the third quarter of this year, the International Data Corp (IDC) reported on Tuesday. According to IDC’s Quarterly Mobile Phone Tracker, smartphone shipments clocked 32.3 million units in Q3 2016 with 17.5 percentage growth over the previous quarter, maintaining its traction with 11 ... Read More »

Apple Grabs 104 Percent of the Smartphone Industry’s Profits in Q3 2016, Claims Analyst

  Profit estimates are often crucial indicators for any industry as they reveal the direction where the companies are heading. If the latest estimates by analyst Tim Long from BMO Capital Markets, about smartphone industry are anything to go by, Apple seems to be the only shining spot in an otherwise ailing industry. As per the estimates by Long, reported ... Read More »

Smartphone Shipments in India Grew 23 Percent Year-on-Year in Q3, Says Counterpoint

Smartphone shipments in India grew 23 percent annually in the third quarter of 2016 as compared to the global smartphone market which grew at five percent, market research firm Counterpoint Research said on Thursday. The feature phone shipments grew two percent year-on-year and 23 percent quarter-on-quarter as feature phone to smartphone transition slowed down in recent quarters. Further, eight out ... Read More »

Lenovo, Xiaomi See Gains in Indian Smartphone Market in Q3 2016: Canalys

According to a market research firm, the Indian smartphone market in Q3 2016 experienced a 20 percent year-on-year growth in terms of shipments, growing to 30 million units. Samsung grew along with the market, and retained a lead of just over 20 percent. Other manufacturers like Micromax, Intex, and Lava have seen a slump in their shipments in the country ... Read More »

Samsung Expects Q3 Profit Jump as Chip Surge Eases Galaxy Note 7 Recall Blues

South Korea’s Samsung Electronics Co expects third-quarter profit grew 5.6 percent, beating estimates, as a pickup in chip and display earnings likely offset the impact of a global smartphone recall that has roiled the tech giant. The world’s biggest smartphone maker said in a brief filing on Friday its operating profit for July-September was likely KRW 7.8 trillion ($7 billion), ... Read More »

Audi Q3 Gets Festive Season Discounts Across The Country

The Audi Q3 is an important SUV for the German automaker and has been one of its most popular offerings in the country. As with every year, Audi has started to roll out a range of discounts and offers on the Q3. This time though, instead of a blanket discount across the country, the German luxury car maker has offered ... Read More »

TSMC Sees Demand Grow in Q3 as Customers Gear Up for Holiday Sales

Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker and an Apple Inc supplier, said it expects a third-quarter pick-up as customers stock up on chips for new launches in time for the year-end holiday season. Revenue for July-September is expected to reach between TWD 254 billion ($7.93 billion) and TWD 257 billion, up from the second quarter’s TWD 221.81 ... Read More »

IL&FS Engineering Q3 Net Loss at Rs 79 Crore

New Delhi: IL&FS Engineering and Construction company on Saturday reported a net loss of Rs 78.57 crore for the quarter ended December 31, on account of dip in income. The company had clocked a net profit of Rs 76.52 crore for the October-December period last fiscal. Total income from operations during the quarter under review declined to Rs 437.42 crore ... Read More »

Dr Lal PathLabs Q3 Profit More Than Doubles to Rs 61 Crore

New Delhi: Diagnostic services provider Dr Lal PathLabs on Saturday reported over two-fold jump in consolidated net profit at Rs 60.82 crore for the third quarter ended December 31, 2015. The company had posted a net profit after taxes and minority interest of Rs 22.66 crore for the corresponding period of the previous fiscal, Dr Lal PathLabs said in a ... Read More »