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Sunday, September 25, 2022

Xiaomi Overtakes Apple As TheNumber Two Smartphone Manufacturer

For Xiaomi, things are going well.

Xiaomi was recently removed from a U.S. blocklist after the Department of Defense realized it was not a “Communist Chinese military company.”

The company has now overtaken Apple to become the second-largest smartphone vendor globally, according to new data from Canalys.

According to the report, Samsung held a 19 percent share of the global smartphone market in Q2 2021, followed by Xiaomi with 17 percent and Apple with 14 percent. With a market share of 10 percent, China’s Oppo and Vivo are fourth and fifth.

Compared to the same period last year, all of the companies on the list grew somehow, but Xiaomi grew by 83 percent, whereas Apple only increased by 1 percent.

Canalys’ Research Manager Ben Stanton claims that Xiaomi’s results are due to strong growth globally, with shipments increasing more than 300 percent in Latin America, 150 percent in Africa, and 50 percent in Western Europe. Despite Xiaomi’s reputation for high-quality budget and midrange smartphones, Stanton says its top priority this year is to increase sales of its high-end devices, including the Mi 11 Ultra.

Huawei is missing from the top five list. It was once the world’s largest smartphone vendor, but its sales have declined since the U.S. government blacklisted it.

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