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The Xiaomi smartphone is extending fast recently and has taken over Chinas’s phone market, continuing to be the best-selling smartphone, with Samsung lagging behind in second place. This is the second quarter in a row that Xiaomi smartphone outsells Samsung Electronics.
Xiaomi has shipped more than 17 million smartphones to the Chinese market, with 2 million more than Samsung, the Korean rival. The latest statistics was revealed by the research company Canalys.
The Beijing-based smartphone company Xiaomi started manufacturing and selling phones about three years ago and during this short period of time it has become of the best selling tech companies in China.
Globally, Xiaomi has climbed to number three as the largest smarpthone vendor in the world. And this happened mostly because of huge sales in it China.
Samsung used to be the best-selling tech company in China but in the second quarter of 2014 the Korean tech giant has fell down to number two, behind Xiaomi. This happened as a result of growing pressure coming from less expensive tech products, especially smartphones, manufactured by local Chinese tech companies.
For example, the Xiaomi smartphone is a flagship phone that starts at 1999 yuan, less than half the price of Samsung’s Galaxy S5 in China.
The Chinese smartphone market is extremely important for vendors, especially because China accounted for approximately 34% of smartphone sales worldwide, in the third quarter. In order to regain its title as the number one smartphone vendor in China, Samsung launched two models of mid-market phones, especially for the Chinese market.
Even with the new smartphones, it will not be an easy task for Samsung to become once again the leader of Chinese smarphone market. In the third quarter Lenovo was announced as the third best-selling phone company in China, right behind Samsung.
Lenovo is trying hard to revive its leading place on the Chinese smartphone market and the latest acquisition of Motorola might come very handy.
Lenovo revealed last month that it will start up a new company in China specialized in mobile devices that will most likely be a serious competitor for the Xiaomi smartphone.