Report: Xiaomi overtook Samsung to become top smartphone vendor in China in Q2 2014

Popular Chinese smartphone manufacturer Xiaomi is hogging the limelight after several analyst reports have pointed to its rapid growth — among them Kantar and Strategy Analytics. Now another research firm, Canalys, has offered up even more evidence of Xiaomi’s popularity — in the second quarter of 2014, it found that Xiaomi recorded a 14 percent market share in China on the back of 240 percent year-on-year growth, overtaking Samsung in terms of volume of smartphones. This was the first time Samsung slid to second place in China since Q4 2011 and came after a 15 percent year-on-year decline. Shanghai-based Canalys...

This story continues at The Next Web

The post Report: Xiaomi overtook Samsung to become top smartphone vendor in China in Q2 2014 appeared first on The Next Web.

from The Next Web http://ift.tt/UPkc9f

via IFTTT