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Chinese smartphone maker Xiaomi edges past Apple to become world's No 2

In a major boost, Chinese smartphone maker Xiaomi Corp. witnessed an 83% increase in shipment across the globe and was able to push aside another smartphone giant Apple and claim the number 2 spot worldwide.
 

Chinese smartphone maker Xiaomi edges past Apple to become world's No 2-ycb
Author
Bengaluru, First Published Jul 16, 2021, 6:25 PM IST
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A recent report by Canalys, a leading global technology market analyst firm, stated that Chinese smartphone makers Xiaomi Corp. have started to give jitters to its rival Apple Inc and Samsung Electronics Co.

As per the report, Apple Inc was pushed to number 3 spot as Xiaomi Corp. took over the number 2 spot.

The jump in the number 2 position is following the smashing shipments records that touched to 83% jump. Samsung Electronics Co. still dominated the smartphone market with a 19% share for the second quarter.

As per reports, the Chinese smartphone maker reported a record 17% share shipment globally during the second quarter, 2021.

The US multinational tech firm Apple Inc reported a 14% share in shipment which pushed it into the number 3 spot in the smartphone market.

Interestingly, this is the first time a Chinese smartphone maker occupied the top two positions. Top position is traditionally dominated by smartphone tycoons Samsung Electronics Co. and Apple Inc.

According to Canalys, the demand grew based on the 'price' as Xiaomi's phone's cost nearly 40% to 75% less compared to its rivals Apple Inc and Samsung Electronics Co.

An official in the market analyst firm believes that now there will be a big-time competition as Xiaomi will push its top-class brand Mi 11 Ultra. At the same time rivals like Vivo and Oppo are also going all out to promote their business in the smartphone market which will also spend to capture the market however, he says that the Chinese smartphone maker will not be matching their rivals on this ground.

As per analysis, the jump in the number 2 spot is due to 300% shipment into Latin American region, 150% shipment of Xiaomi in African countries and 50% jump in demand from Western European nations.

As per reports, it is the brand Mi 11 Ultra with the largest camera sensors as its one of the key features was the driving force to attract clients and the makers went berserk in promotion which earned them the second spot in the world in terms of smartphone makers.

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