In China, Apple overtaken by Xiaomi in smartphone rankings
Apple saw a dip in its smartphone market share in China as the company was overtaken by local rival Xiaomi, a seller of low-priced handsets that has been making waves in the country’s tech industry.
During the second quarter, Apple was ranked seventh among China’s smartphone vendors, with a market share of only 5 percent, according to research firm Canalys. This was down 3 percentage points from the previous quarter.
Xiaomi’s market share was also at 5 percent, but the company’s smartphone shipments narrowly surpassed those of Apple, said Nicole Peng, an analyst with the research firm.
“This is amazing for a company that only started to ship products two years ago,” she said. “It’s really big progress for a company that is so young.”
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