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  • Xiaomi Cracks in World’s Top Three Smartphone Selling Companies

    Xiaomi Cracks in World’s Top Three Smartphone Selling Companies

    The top Smartphone brand of Company of China cracks in to the world top three Smartphone selling companies. Xiaomi had 5.6 percent of the global market in the third quarter, the first time it cracked the world's top three.

    Samsung remained the market leader in the three-month period ending in September; the South Korean conglomerate was the only company among the top five Smartphone vendors to suffer an annual decline in shipment volume. While Apple had a modest 16 percent growth in the third quarter over the same period last year, the remaining three vendors in the top five served as the main driving force behind the quarter's record volumes.

    Xaoimi focus on China and adjacent markets like Southeast Asia helped boost Xiaomi into the top 5 by resulting in triple-digit year-over-year growth in Q3 2014. IDC said that the launch of Xiaomi’s flagship phone MI4, which is meant to compete against Samsung’s Galaxy S5 and Apple’s iPhone, in August was key to its success. But while Xiaomi is doing well in China and other Asian countries, it’s still unclear how well it will fare in other markets where it faces greater competition from Samsung and Apple.
    The next top vendors are Lenovo, and LG Electronics.

    In Q3 2014, vendors shipped a total of 327.6 million units, an increase of 25.2 percent from the same period a year ago, and 8.7 percent from the Q2 2015.

    The launch of the iPhone 5 and iPhone 6 Plus, meanwhile, pushed Apple to its largest third-quarter volume ever. While its brand new models sold 10 million units during their first launch weekend, there continued to be high demand for the iPhone 5s and 5c, which made up the bulk of Apple’s volume for the quarter.

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