According to Counterpoint, Xiaomi overtook Samsung for the first time in history to become the largest smartphone manufacturer in the world in terms of sales in June 2021. The Korean company has held a leading position in the market for many years, but Xiaomi has gradually taken away its share.
If we consider the data for the entire second quarter of 2021, Samsung still retained the leadership. However, Xiaomi shipped 17.1 percent of the world's total smartphones in June. It is followed by Samsung with 15.7 percent market share and Apple with 14.3 percent. According to the report, Xiaomi posted a 26% increase over the previous month. It is assumed that the loss of Samsung's position is due to the limited supply caused by the shortage. Counterpoint expects Samsung to regain its leadership position once the issues are resolved.
Analysts point out that the decline of Huawei, caused by the US sanctions, also contributed to the growth of Xiaomi. Since its debut in 2011, the company has sold over 800 million smartphones and gained an army of fans. For several years now Xiaomi has been the leader in India, and in the second quarter it became the leader in the European market.
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