Xiaomi Trumps Apple to Become Third Largest Smartphone Maker in the World
Dec. 1, 2020The Chinese giant’s growth has been fueled by thebudget Note 9 seriesandaffordable 5G phonesacross the globe. Xiaomi also gained massively fromHuawei’s declinein its home country, securing a 12.1% market share globally.Image Courtesy: Gartner
Gartner’s latest report is in line withrecent IDC and Counterpoint reportsas well. All reports suggest that Samsung took the pole position worldwide, with Xiaomi rising to the occasion and meeting the pent-up demand after the lockdowns.“Consumers are limiting their discretionary spend even as some lockdown conditions have started to improve,”said Anshul Gupta, senior research director at Gartner.
