Everyone knows that Xiaomi is the fastest rising smartphone manufacturer in the world. The company has been around for about 6 years and is already outpacing some of the established brand names out there.
The latest achievement for Xiaomi comes from its home country of China where it now has a market share of 26%. This is not the first time Xiaomi has risen to become the top smartphone manufacturer in China. China is considered to be the biggest smartphone market in the world and for Xiaomi to be the leader in this market shows you how big the company is.
26% market share means that out of every 4 smartphones sold in China, one is from Xiaomi. With the many smartphone manufacturers in China, you can clearly see how big and influential Xiaomi is. Interesting enough, Xiaomi has invested so much in China and Asia and started expanding its footprint to international markets this year. Will the company be able to replicate this internationally? Only time will tell.
Following Xiaomi closely in market share in China is Honor which has a market share of 15.7%. Honor is a brand under Huawei but is marketed differently and consists of affordable device with superior specs. When combined, Honor and Huawei have a market share of 23.7%. It’s quite interesting that close to 50% of the Chinese smartphone market is controlled by two manufacturers, Huawei and Xiaomi.
Coming in third is LeEco, a company that made so much noise a few weeks ago when it launched the Le Max 2 with 6GB of RAM. LeEco has a market share of 10.5% and this is impressive considering that fact that the company that has been around for less than two years.
Apple comes in fourth with a market share of 8.2% with Meizu following with a market share if 7%, 360 has a market share of 4.5% and Samsung coming in closely with a market share of 3.2%.
One month figures
These numbers represent sales figures of just one month, April. Considering that Samsung, Apple and a few other companies have not released a flagship smartphone this year, you can see why they do not have a bigger market share.
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