Chinese smartphone maker Xiaomi overtook Apple in the second quarter to become the world’s second largest smartphone maker, market research firm Canalys said in a report on Thursday.
Xiaomi took the second spot for the first time with 17% share of worldwide smartphone shipments, up 3% from the previous quarter, according to the research firm.
Global smartphone shipments grew 12% in the second quarter, led by Samsung Electronics with a 19% share, and Apple at third place with a 14% share.
The average selling price of Xiaomi phones is about 40% to 75% cheaper compared to Samsung and Apple respectively, Canalys research manager Ben Stanton said, adding that a major priority for Xiaomi this year is to grow sales of its high-end devices.
The company’s shipments jumped more than 300% in Latin America, 150% Africa and 50% in Western Europe, the report said. — Reported by Radhika Anilkumar, (c) 2021 Reuters