Xiaomi, Huawei tops Chinese mobile market, Apple third

Image
Press Trust of India Beijing
Last Updated : Aug 06 2015 | 3:22 PM IST
China's domestic smartphone makers Xiaomi and Huawei have regained top positions in the second quarter, pushing iPhone to the third position in the world's biggest smartphone market, according to figures released today.
Xiaomi, a late entrant to the Chinese smartphone market which effectively used social channels for marketing, achieved new records for sales volume during the second quarter and retained top spot with a 18 per cent market share.
Huawei climbed up to second place, securing for itself a market share of 16 per cent.
Apple retained third spot with a market share of 12 per cent, while Vivo bagged the fourth spot maintaining a market share of 10 per cent, state-run People's Daily reported.
Korean electronics giant Samsung, once the top smartphone vendor in China, fell to fifth position with a market share of 9 per cent only, despite launching its flagship phone, the Galaxy S6.
In 2010, CMNet market revenue was 17.2 billion yuan (USD 2.8 billion), it is estimated to expand to 251 billion Yuan (USD 41.8 billion) in five years, the report added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 06 2015 | 3:22 PM IST

Next Story