A new report has just revealed that Xiaomi became the world’s number 1 smartphone brand for the first time ever in the month of June 2021. The company beat the likes of Samsung and Apple in terms of handset sales volume.
According to a Counterpoint Research report, the Chinese tech giant lead the global smartphone market in June. The report added that the company’s sales grew by a sizeable 26 percent month on month, which also made it the fastest growing brand for the month. Meanwhile, the company arrived second in the smartphone market for the overall second quarter of this year, with the South Korean tech giant Samsung in the lead.
Research Director Tarun Pathak added that “Ever since the decline of Huawei commenced, Xiaomi has been making consistent and aggressive efforts to fill the gap created by this decline. The OEM has been expanding in Huawei’s and HONOR’s legacy markets like China, Europe, Middle East and Africa. In June, Xiaomi was further helped by China, Europe and India’s recovery and Samsung’s decline due to supply constraints.”
Similarly, another senior analyst also added that China’s market also grew by 16 percent month on month in June 2021. This growth was primarily driven by the 618 festival, with Xiaomi being the fastest growing brand in this period. Furthermore, Samsung’s production was disrupted in June, which also led to the company’s devices facing shortages across various channels.
RELATED:
ALWAYS BE THE FIRST TO KNOW – FOLLOW US!
Via: gizmochina.com
