Breaking News


Tuesday 5 August 2014

Xiaomi Beats Samsung to become China's Top smartphone Vendor: Canalys

Xiamoi, a Chinese handset maker little knownin the West, overtook tech giant Samsung Electronics Co. to become China'stop-spelling smartphone brand in the second quarter, a market research company said Tuesday.

According to Canalys, Xiaomi sold 15million smartphones in China during the second quarter, more than a three-fold surge from a year earlier. It surpassed Samsung, which had the leading position in China for more than two years, as well as local brands such as Lenovo and Huawei.

During the April-June period, Samsung's China smartphone sales decreased to 13.2 million units from  15.5 million a year earlier. Lenovo trailed Samsung by a margin of 2 million units.

Xiamoi is little known in Europe or in North America because it sells nearly all of its smartphones in mainland China. But strong growth in China alone was enogh to vault Xiamoi to a top five position among the world's smartphone makers from nowhere the previous year.

Last week, another market research firm Strategy Analytics said Xiaomi became the world's fifth-largest smartphone vendor for the first time in the second quarter, surpassing LG Electronics Inc.

Canalys said China was the world's largest smartphone market during the second quarter, with nearly four in every 10 smartphones sold there.

Jingwen Wang, an analyst  at Canalys , said Xiamoi's was thanks to its competitive prices and focus on its own mobile software known as MUI.

Samsung and Apple Inc. were the only non-Chinese vendors among the top 10 smartphones brands in China.

Share This
Blogger
Facebook
Disqus

comments powered by Disqus

No comments:

Post a Comment

Subscribe
Labels
Popular Posts

Subscribe Via Email

© Tech2Know All rights reserved | Designed By Seo Blogger Templates