Xiaomi Beats Samsung To Become The Number One Smartphone Brand
In a recent news update, Xiaomi has officially announced its opponent Samsung to officially become the number 1 smartphone in the world according to a Counterpoint Research report. The China-based tech giant’s sales grew by 26% in the month of June which is said to be a growing sign for the company.
However, the company turned into additionally the second globally brand withinside the 2nd zone of 2021 in phrases of income because of the truth that the agency had sold out almost 800 million smartphones.
According to Research Director Tarun Pathak:
“Ever since the decline of Huawei commenced, Xiaomi has been making consistent and aggressive efforts to fill the gap created by this decline. The OEM has been expanding in Huawei’s and HONOR’s legacy markets like China, Europe, Middle East, and Africa.”
Moreover, Senior Analyst Varun Mishra stated the following:
“Xiaomi was the fastest growing OEM, riding on its aggressive offline expansion in lower-tier cities and solid performance of its Redmi 9, Redmi Note 9 and the Redmi K series.”
However, Xiaomi has formally ruled the smartphone marketplace, Samsung is predicted to dominate the brand new foldable segment of the telephone marketplace this yr with an 88% share. In addition, the foldable marketplace is expected to triple from a yr in advance to attain around nine million devices in 2021 consequently giving Samsung some other edge.