Based on global shipments during the second quarter of 2023,Chinese smartphone company Xiomi has overtaken Apple and is now the world’s second largest Smartphone making company.A new report from Canalys.
The emerging Chinese tech giant named 17 percent of global market share for itself. , according to the research firm, preceded by Samsung’s 19 percent and succeeded by Apple’s 14 percent.
Oppo and Vivo have concluded the list of top five vendors, rounding off at 10 percent ( distinctly).
Landmark success in a quicker timeframe
While all top five brands have improved their shipment profile gradually, year by year during the smartphone revolution but what is distinctive feature of Xiomi is it’s overtaking of Apple like giant and a hike of 83 percent in smartphone production in one year (second quarter of 2020)
Huawaei ‘s status
Huawei was the pioneer of global smartphone production and it overtook Apple back in 2019. However, due to US-imposed sanctions and trading bans, it was greatly subsided in international market. So far, Xiaomi appears to be the moon amongst the stars.