IDC: Samsung slips to number five in Chinese smartphone market

Samsung, which was dethroned in China by local upstart Xiaomi last year, has slipped to the fifth position in the country's smartphone market now, according to a latest report from the market research firm IDC.

As per the report, in Q4, 2014, the South Korean company captured just 7.9% of the market, a whopping 50% decline compared to the year ago quarter.

On the other hand, with an year-on-year growth of 150%, Xiaomi occupied the first place, capturing 13.7% of the market. Next came in Apple, with 12.3% market share, followed by Huawei and Lenovo, with 11% and 9.5% market share, respectively.

Overall, a total of 107.5 million smartphones were shipped in the country in Q4 last year, representing a 2% quarter-on-quarter growth.