Xiaomi surpasses Apple in sales of ‘smartphones’ thanks to the Latin American market

https://mundo.sputniknews.com/20210717/xiaomi-supera-a-apple-en-ventas-de-smartphones-gracias-al-mercado-latinoamericano-1114190838.html

Xiaomi surpasses Apple in sales of ‘smartphones’ thanks to the Latin American market

Xiaomi surpasses Apple in sales of ‘smartphones’ thanks to the Latin American market

Xiaomi, a company that until a few years ago was unknown in the smartphone market, could be on its way to becoming the leader … 07.17.2021, Sputnik Mundo

2021-07-17T00:24+0000

2021-07-17T00:24+0000

2021-07-17T00:25+0000

economy

samsung

smart phones

apple

companies

xiaomi

smartphones

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Data collected by analytics company Canalys in its report for the second quarter of 2021 shows that Xiaomi has been by far the company with the highest annual growth, with 83%. In addition, it has positioned itself in second place by market share, with 17%, surpassing for the first time Apple, which has only 14% and which has now moved to third place. However, the market leader is still Samsung , although this leadership could be snatched soon by Xiaomi. The South Korean giant, with a 19% market share, grew only 15%, a number well below the 83% of the Chinese company. If it maintains this growth rate, the Chinese corporation can be expected to outperform the South Korean conglomerate in a short time.According to Stanton, the main objective of the Chinese company is to have affordable prices to be able to massively cover the entire market. Their prices reflect these targets, as the average cost of Xiaomi smartphones is 40% lower than Samsung’s and 75% lower than Apple’s. This has undoubtedly contributed to its increase in market share. For the company, obtaining second place is a “fantastic achievement and also an important milestone in the history of Xiaomi,” said Lei Jun, founder and CEO of Xiaomi, in A letter to employees.Other companies that could displace Apple from third place, which grew only 1%, are Oppo – which currently has a 10% share and 28% growth – and Vivo – also with 10% and 27% growth—. Both companies are based in China and are subsidiaries of the multinational BBK Electronics.

https://mundo.sputniknews.com/20210406/xiaomi-invierte-cada-vez-mas-en-chips-para-independizarse-de-eeuu–1110855960.html

alberto.r

I believe that Russia advanced producing good smartphones, but China could accelerate the development of these offerings of very good Russian smartphones, Russia is making the leap in a sustainable economy to improve the quality of life of its citizens and China together with Russia could do the commercial unit in smart phones, faced with a common enemy of free trade

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alberto.r

Chips and computers are produced in East Asia, they may well be produced in Russia and advance in ICT as is already done

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2

2021

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samsung, smartphones, apple, carriers, xiaomi, smartphones

Xiaomi, a company that until a few years ago was unknown in the smartphone market, could be on its way to becoming the undisputed leader in this segment. The Chinese company has surpassed Apple in market share for the first time in history after having an impressive growth of 83%.

The data collected by the analytics company Canalys in their report for the second quarter of 2021 show that Xiaomi has been by far the company with the highest annual growth, with 83%. In addition, it has positioned itself in second place by market share, with 17%, beating Apple for the first time, which has only 14% and has now moved to third place.

However, the market leader is still Samsung, although this leadership could soon be snatched by Xiaomi. The South Korean giant, with a 19% market share, grew only 15%, a number well below the 83% of the Chinese company.

If it maintains this growth rate, the Chinese corporation can be expected to overtake the South Korean conglomerate in a short time.

“Xiaomi is developing rapidly abroad. For example, its shipments increased by more than 300% in Latin America150% in Africa and 50% in Western Europe, “said Ben Stanton, manager of Canalys.

According to Stanton, the main objective of the Chinese company is to have affordable prices to be able to cover the entire market massively. Their prices reflect these objectives, since the average cost of the smartphones Xiaomi is 40% lower than Samsung’s and 75% lower than Apple’s. This has certainly contributed to its increase in market share.

For the company, getting second place is a “fantastic achievement and also an important milestone in Xiaomi’s history”, he pointed Lei Jun, founder and CEO of Xiaomi, in a letter to employees.

Other companies that could displace Apple, which grew only 1%, from third place are Oppo – which currently has a 10% share and 28% growth – and Vivo – also with 10% and 27% growth. Both companies are based in China and are subsidiaries of the multinational BBK Electronics.

Xiaomi invests more and more in chips to become independent from the US

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