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Xiaomi just surpassed Apple to become the world's no. #2 smartphone company by shipments

Xiaomi's rise comes after Huawei descended from the top spot over the recent months.


Xiaomi just surpassed Apple to become the world's no. #2 smartphone company by shipments | BEAMSTART News

- From our Sponsors -

Xiaomi, one of the most popular electronics brand from China, has just surpassed Apple to become the world's second-largest smartphone vendor by shipments.

CEO Lei Jun announced his excitement on microblogging website Weibo on Thursday: 

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“Let me share with you all some incredibly good news, Xiaomi’s phone shipments surpassed Apple and became world’s No 2 for the first time.”

Key Takeaways

  • As of second quarter 2021, Xiaomi held a 17% market share for global smartphone shipments.
  • Xiaomi trails behind Samsung, which is currently the market leader.
  • Apple came in third, with a 14% shipment marketshare, followed by China's Oppo and vivo.
  • A large part of Xiaomi's growth is currently in emerging markets, with over 300% growth in Latin America and 150% growth in Africa.
  • Most of the company's sales come primarily from low-budget devices, and has faced attenuated success in the premium smartphone market, currently dominated by Apple, Samsung, and Huawei.

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ABOUT THE AUTHOR

Alfred Lee

Journalist at BEAMSTART. I write about breaking business news in the region.

Based in Malaysia

Works at BEAMSTART

ALSO MENTIONED IN THIS POST

Xiaomi

World’s third-largest smartphone brand, largest consumer IoT platform.

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