Xiaomi has steadily been making big moves in China with their
constant release of quality handsets at bargain prices. It looks like
all of their work has paid off, as the Chinese smartphone manufacturer
now commands a larger market share than Apple in the region.
It isn’t as if Xiaomi is blowing the Cupertino-based tech giant out
of the water, though. Xiaomi stands at taking over 11% of the total
market share, whereas Apple accounts for 10% of all smartphones sold in
China.
Xiaomi’s recent success makes them the number three cell phone
manufacturer in the region, putting only Samsung and Lenovo ahead, with
18% and 12% market share respectively.
The momentum that Xiaomi has built for itself in such a relatively
short amount of time is impressive. It looks like their business is
primed to expand even further in the near future, as they will be
entering new markets in Asia: Indonesia, Singapore, and Malaysia.
If the company can continue to deliver the same Android handsets with
top specs for bottom dollar, then they should enjoy an even more
prosperous future.
Source| Gizmochina and GSM Arena
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