Xiaomi unseats Samsung to gain China's smartphone throne-report
Aug 5 (Reuters) - China's Xiaomi Inc took China's smartphone crown in the second quarter after the Beijing-based firm replaced Samsung Electronics Co Ltd as China's largest smartphone vendor, according to data from Canalys.
Xiaomi shipped just under 15 million units in the three months ended June, while Samsung's 13.2 million unit shipments just beat China's Lenovo Group by around 200,000 units to take second place, said Canalys.
As I mentioned, the folks who will suffer the most in developing markets are those fighting for the lowest common denominator. At this time, Apple has little to worry about, and my thoughts on that are -- again -- reiterated by Reuters here:
The three-year old Xiaomi, which closely apes many aspects of Apple Inc and its designs, also nabbed fifth place by global market share for smartphone makers in the second quarter, research firm Strategy Analytics showed last week.
But Canalys's data also shows that Xiaomi is still almost entirely dependent on its home market in China. Only about 100,000 smartphone units were shipped outside of China and the jury is still out on whether it can replicate its domestic success overseas.
Karma.
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