Xiaomi India has become the number one selling smartphone brand in the online market, with 29.3 percent share, and the second largest smartphone brand in India with 10.7 percent market share in the fourth quarter of 2016. “Our phones are built with a vision to make technology innovation affordable to everyone.
We do not compromise on our cost to value proposition, our fan engagement or our quality,” added Manu Jain, Vice President and Managing Director, Xiaomi India. Huawei slips to the second spot with shipping of 51.9 million smartphone units. Earlier Huawei gained the Top Smartphone manufacturer for Q2 2020.
The Chinese company captures 14.7 percent of the worldwide market. Not to mention, they have declined shipments by a whopping 22 percent year-on-year. This may be because of the U.S.A restrictions which also inspired them to develop their Operating System called Harmony OS. Xiaomi has managed to beat Apple to become the world’s third biggest smartphone brand, with Samsung and Huawei taking the two top spots.
According to the International Data Corporation, which released its new report on smartphone shipments for the third quarter of 2020, Chinese company Xiaomi has surpassed Apple to become the third largest smartphone brand globally, with a market share of 13.1 percent and 46.5 million shipments.
Apple and Vivo secured the fourth and fifth number respectively with 11.8 percent and 8.9 per cent market share. While Apple shipped 41.6 million units in the third quarter of 2020, Vivo made 31.5 million units available in the market.
The tech company saw a growth of 42 percent, with GizmoChina reporting that this is mainly due to an increased demand for low-end and mid-range smartphones, particularly in developing countries such as India.