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You are here : World News – Russian opinion» Economy» China’s Xiaomi overtakes Apple as world’s third-largest smartphone maker

China’s Xiaomi overtakes Apple as world’s third-largest smartphone maker

Posted By Russian Opinion. Under Economy  Tags: apple, China's, maker, overtakes, smartphone, thirdlargest, world's, Xiaomi  

With the smartphone market beginning to get well from the coronavirus disaster, Chinese language producer Xiaomi has made historical past by beating the long-lasting Apple iPhone at its personal recreation.

Xiaomi has claimed the third spot amongst world’s largest smartphone producers for the primary time, in keeping with the outcomes of the newest quarter, revealed by three analysis companies – Worldwide Knowledge Company (IDC), Counterpoint and Canalys.

Within the three months to the top of September, the corporate’s shipments hit a document excessive, with completely different knowledge pointing at greater than 40-percent development and the variety of shipped models ranging between 46.2 million and 47.1 million.

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In the meantime, its closest rival, Apple, has slipped to fourth place within the rankings. In line with IDC, the US company shipped 41.6 million iPhones within the third quarter, down over 10 p.c year-on-year. Knowledge from Counterpoint differed barely, however Canalys put the variety of shipments at 43.2 million. Nonetheless, knowledge from all three companies confirmed that Apple is behind Xiaomi.

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Xiaomi’s success was partly pushed by the troubles of its home competitor, Huawei. That firm misplaced its crown as the most important smartphone maker globally to Samsung, amid the growing strain of US sanctions. Samsung shipped round 80 million smartphones, knowledge exhibits, whereas Huawei shipped round 30 million fewer gadgets within the third quarter.

Some analysts consider that Xiaomi may need taken some prospects away from Huawei.

“Xiaomi executed with aggression to grab shipments from Huawei,” stated Mo Jia, analyst at Canalys. “There was symmetry in Q3, as Xiaomi added 14.5 million models and Huawei misplaced 15.1 million. In Europe, a key battleground, Huawei’s shipments fell 25 p.c, whereas Xiaomi’s grew 88 p.c.”

The Trump administration positioned Huawei on its notorious ‘Entity Listing’ final 12 months, successfully banning American companies from doing enterprise with the Chinese language tech big. Thus, Huawei misplaced entry to updates of Google Android software program on its smartphones, which might simply spook potential shoppers, particularly these outdoors of China.

Earlier this 12 months, Washington elevated strain on Huawei, focusing on very important chip suppliers to the agency, because it required international producers that use American software program and expertise to acquire a particular license earlier than transport merchandise to Huawei.

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