Xiaomi beats out Apple in China, ranks 3rd in country

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 | Via