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Xiaomi's Star Rises As Chinese Handset Makers Gnaw At Samsung's Share: Report

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks at launch ceremony of Xiaomi Phone 4 in BeijingXiaomi Inc, the three-year old company known as the Apple of China, has become the world's No.5 smartphone maker by market share while Samsung Electronics Co Ltd's lead has continued to shrink, a report by Strategy Analytics shows. Three out of the world's top 5 smartphone sellers were Chinese manufacturers in the second quarter, Strategic Analytics said, as China's low-cost offerings on the Android operating system whittle away Samsung's market share.




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