The new feathers have been added to the crown of the Chinese company Xiaomi at a time when the contagious epidemic is threatening another Great Depression worldwide! After making huge strides in smartphone sales, Xiaomi now ranks among the top five mobile manufacturers in the world in terms of demand, leaving behind the famous brand Apple! That’s right. This rare achievement of Xiaomi is not at all ‘unimaginable’. Over the past few months, Xiaomi has very slowly established its own brand with dignity in the world market. According to a report by the International Data Corporation (IDC), Xiaomi rose to third place in the third quarter of this year (July-September), leaving behind an organization like Apple.
The global smartphone market fell about 1.3 percent in the third quarter of this year compared to last year, IDC said. But the actual reckoning is much less than what was supposed to fall for the Covid situation and the lockdown. For example, in July-September this year, about 353.6 million smartphones were sold worldwide! However, during this period, IDC feared a market fall of about 9 percent, which was not possible in practice.
Samsung topped the market in terms of sales during this period, occupying 22.7 percent of the market. They have sold about 80.4 million smartphones! Thus, Samsung’s triumph in the global smartphone market remains intact. The nearest rival Huawei is in second place. They sold about 51.9 million smartphones in the third quarter, with a market share of 14.7 percent. The IDC report claims that their business has suffered a 22 percent loss compared to last year.
On the other hand, on the day of the fall of Huwaei, the sales of another Chinese company Xiaomi increased by about 42 percent! With a 13.1 percent share of the global market, they have surpassed Apple, selling about 46.5 million smartphones! According to many, the reason for this rise is the increase in their sales in the Indian market. Apple and Vivo came in fourth and fifth with 11.8 and 8.9 percent market share, respectively, according to the IDC report.