Xiaomi Now World's Third-Largest Smartphone Vendor, Claims Another Report

Xiaomi Now World's Third-Largest Smartphone Vendor, Claims Another Report
China's Xiaomi Inc has become the world's third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study.

Strategy Analytics said Xiaomi accounted for 6 percent of all 320 million smartphones shipped during July-September. Samsung made up 25 percent, down from 35 percent a year earlier due to rising competition from several directions.

Apple's share also fell slightly to 12 percent.

"Xiaomi was the star performer," Strategy Analytics Executive Director Neil Mawston said in a statement.

"Samsung continues to face tough competition from Apple at the higher-end of the smartphone market, from Xiaomi and Huawei in the middle-tiers, and from Lenovo and others at the entry-level."

(Also see: Xiaomi Replaces Huawei as Third-Largest Smartphone Maker: Report)

Xiaomi has been the top seller in its home market of China and recently entered India, where it sells phones exclusively through e-commerce site Flipkart.

Vice President Hugo Barra told Reuters in Bangalore last month that the company aimed to sell 100,000 phones a week in India in October when the country celebrates Diwali.

© Thomson Reuters 2014

Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: Apple, Google, Mobiles, Samsung, Smartphones, Xiaomi
Motorola Droid Turbo Expected to Launch Globally as Moto Maxx on November 5
Oppo R5 and Oppo N3 to Launch in India This December

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2022. All rights reserved.
Listen to the latest songs, only on JioSaavn.com