STOCKS | Skyworth Digital Sees Smart Terminal Growth Supported by Three Factors

According to Jin10, Skyworth Digital said at its earnings briefing that the core driver of its first-half performance growth came from a broad recovery in its smart terminal business, which generated revenue of 4.4 billion yuan, up 52.45% year on year, with sales volume, revenue scale, and gross margin all rising together. The company said the growth was supported by three factors: intensive rollout of operator bulk-purchase projects, with shipments of its Smart Lingxi screen exceeding 300,000 units; continued optimization of its product mix, as it voluntarily gave up some low-gross-margin traditional bulk-purchase orders and focused on higher-value-added products; and strong overseas expansion, with the Nex Playground motion-sensing game console posting standout sales in North America. Skyworth Digital said it remains upbeat on full-year performance as operator bulk-purchase projects continue to be delivered in the second half, overseas peak-season sales begin, and vehicle display and other projects gradually enter mass production.