OnePlus 6 beats 5T's one-day sales record in 10 minutes
New Delhi, May 22: Smartphone maker OnePlus on Tuesday said it made a record sale of its newly-launched OnePlus 6 worth Rs 100 crore within first 10 minutes of its preview sale on Amazon India and its own online store--oneplus.in.
Highlighting the enthusiasm of users in the country, Vikas Agarwal, General Manager, OnePlus India, told here, "We sold last year's flagship--OnePlus 5T worth Rs 100 crore in an entire day of sale whereas this time we did the same in just 10 minutes."
The mirror black colour variant of OnePlus 6 saw a higher demand as compared to midnight black version of the device.
"OnePlus 6 is our best-ever smartphone and we knew that it will do well. The mirror black variant of OnePlus 6 was more in demand during the first sale," Aggarwal added.
In an attempt to let OnePlus enthusiasts and prospective buyers have the opportunity to be among the first ones to experience and purchase its newly-launched OnePlus 6, the smartphone maker on Monday launched a pop-up sale in eight cities across the country.
Unlike previous years, the company extended the pop-up sale to two days that let users get a hands-on experience of their latest flagship on a first-come-first-serve basis.
The smartphone is priced starting at Rs 34,999 and is offered in three colour variants.
OnePlus launched its flagship OnePlus 6 in India, a first in the OnePlus' line-up featuring an all-glass design last week.
The device will be available for open sales across all channels, starting May 22, in 6GB RAM+64GB storage and 8GB RAM+128GB options for Rs 34,999 and Rs 39,999, respectively.
The smartphone features 6.28-inch Full Optic AMOLED display with 19:9 aspect ratio for immersive viewing experience.
"With the OnePlus 6, we challenged ourselves to deliver an external design as smooth and elegant as the work we've done inside the device," said OnePlus Founder and CEO Pete Lau.
OnePlus 6 is powered by Qualcomm's top-notch Snapdragon 845 chipset which improves performance by 30 per cent while being 10 per cent more power efficient.
OnePlus 6 has a dual-camera system with 16MP main camera, supported by a 20MP secondary camera.
With a f/1.7 aperture, the 16MP main camera features a 19 per cent larger sensor and OIS.
The device also marks the introduction of OnePlus' "Slow-Motion" mode, which can capture high-definition video frame-by-frame with astonishing detail, ensuring users never miss the action.
The "OnePlus 6 x Marvel Avengers Limited Edition" device will be available with 8GB RAM and 256 GB storage for Rs 44,999 and will go on sale, starting May 29.
The limited-edition silk white device with 128GB of storage will be available for purchase on June 5 for Rs 39,999.
Users can avail cashback of Rs 2,000 while using SBI debit and credit card during the first week of launch, the company said earlier.
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Rupee plunges 28 paise to settle at 93.44 against US dollar
Mumbai (PTI): The rupee declined 28 paise to close at 93.44 against the US dollar on Tuesday, weighed down by a steady American currency and volatile crude oil prices amid uncertainties over the progress of West Asia peace negotiations.
Positive domestic equity markets failed to boost local currency, which also had some impact of the Reserve Bank's latest move to ease curbs on speculative bets in non-deliverable forward markets, forex analysts said.
The Reserve Bank on Monday partially withdrew directives taken on April 1 to curb excessive speculation in the rupee. The banking regulator had capped the net open positions in non-deliverable forward markets at USD 100 million, mandating banks to comply by April 10.
Under revised directives, authorised dealers or banks can resume offering non-deliverable derivative contracts involving INR to resident or non-resident users, but must comply with certain restrictions on related-party transactions. Also, the USD 100-million cap in net open position is still effective.
At the interbank foreign exchange market, the rupee opened at 93.25 and fell to an intra-day low of 93.63 before ending the session 28 paise lower at 93.44 against the greenback.
On Monday, the rupee settled with a loss of 25 paise at 93.16 against the US dollar. The currency had gained 47 paise in the preceding two sessions.
Anuj Choudhary, Research Analyst at Mirae Asset ShareKhan, said the rupee fell on uncertainty over US-Iran talks and a surge in crude oil prices. A strong dollar also pressured the rupee; however, positive global markets cushioned the downside.
"Traders may take cues from retail sales and ADP employment change data from the US. USD-INR spot price is expected to trade in a range of Rs 93.30 to Rs 93.90," Choudhary said.
Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said the rupee traded weaker as recent RBI adjustments and partial rollback of earlier currency-support measures added pressure on the local unit.
"At the same time, the dollar remains steady while crude and gold are relatively stable, with markets closely watching the outcome of US-Iran ceasefire developments expected tomorrow. The rupee is likely to remain highly event-driven, with direction dependent on geopolitical clarity and RBI stance," Trivedi said.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.19 per cent to 98.09.
Brent crude, the global oil benchmark, was trading 0.70 per cent down at USD 94.81 per barrel in futures trade.
Analysts attributed the volatility in crude prices to persistent worries over disruptions of supplies of oil from the Strait of Hormuz. Also, the ceasefire agreement between the United States and Iran is scheduled to expire on Wednesday.
In a latest development, Iran's chief negotiator on Tuesday said Tehran would not negotiate in the face of threats, while US President Donald Trump hinted that he was in no rush to end the conflict with Iran.
In the domestic equity markets the 30-share Sensex rose 753.03 points, or 0.96 per cent, to settle at 79,273.33, while the Nifty rose 211.75 points, or 0.87 per cent, to 24,576.60.
Foreign Institutional Investors offloaded equities worth about Rs 1,918.99 crore on Tuesday, according to the exchange data.
