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Xiaomi Now Holds the ‘World’s Third-Largest Smartphone Maker’ Tag

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Xiaomi Now Holds the ‘World’s Third-Largest Smartphone Maker’ Tag

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Despite being in controversies regarding privacy concerns, Xiaomi, the Chinese handset maker, has become the world’s third-biggest smartphone maker. According to the recent report by International Data Corporation (IDC), the smartphone maker has tripled the shipments since last year.

Also, it’s the first time Xiaomi has made it to the list of top 5 smartphone makers in the world, released by IDC. The company is trailing behind Samsung, who despite witnessing a steep fall in shipment from last year, still leads the race followed by Apple in the second position.

It is to be noted that Xiaomi’s focus on China and the neighbouring markets like Southeast Asia helped boost Xiaomi into the top 5 by resulting in triple-digit year-over-year growth in the third quarter of 2014. According to IDC,  the launch of Xiaomi’s flagship phone MI4, which is meant to compete against Samsung’s Galaxy S5 and Apple’s iPhone in August, was the key to its success.

Xiaomi Redmi 1s Unboxing 16

Although, the company has made a mark in China and its adjacent markets, it is still unclear how well it will fare in other markets where it faces greater competition from already established smartphone giants – Samsung and Apple. The report illustrates that while Samsung (24.7 percent) and Apple (12.3 percent) still dominate, LG’s recent popularity and increasing sale has also moved it to fourth.

“Despite rumors of a slowing market, smartphone shipments continue to see record-setting volumes. We’ve finally reached a point where the most developed markets are experiencing single-digit growth while emerging markets are still growing at more than 30 percent collectively,” said Ryan Reith, Program Director with IDC’s Worldwide Quarterly Mobile Phone Tracker.

While Samsung remained the world’s leading smartphone maker, IDC said it was the only company in the top 5 to see shipment volume decline year-over-year. Meanwhile, Apple’s latest iPhone 6 and iPhone 6 Plus pushed Apple to its largest third-quarter shipment ever.

The report reveals that Apple has sold close to 10 million units during their first launch weekend of the new smartphones and also continued to sell previous generation iPhone 5s and 5c in large numbers, which made up the bulk of Apple’s volume for the quarter.

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About The Author
Parul Ritvik Sood
Parul Ritvik Sood
iGyaan Network's newbie, Parul is a Writer, Poet, Reader and Mass Communication Graduate with great interest in startups and entrepreneurship.
5 comments
Akash
Akash

That's a Chinese company made an impact in the world be becoming third largest manufacturers. And there is one Micromax which is still struggling to gain confidence of their own country's people. Don't know how micromax released there phones in Russia. Do anyone know how was the response there?

likhith_ramesh
likhith_ramesh

Micromax actually don't design their phones.Lack of CS where in they dont know anything except to reboot.THey buy phones from cheap China companies with their Micromax Logo on it .How can one rely on such a company?

Shovon Mukherjee
Shovon Mukherjee

when microshit will start producing their phones with top notch processors like Qualcomm Snapdragon 801/805, then their products would be hit like xiaomi.. at the end of the day, the only thing matters to the end users is the performance of the phone. It really doesn't matter who manufactured it nor where it got assembled.

Akash
Akash

You are right. That now they should stop using Mediatek processors. And there after sale service is pathetic. They should stop making TVs and invest that money in making good phones and improve their after sale service. I would love to see and Indian company becoming top manufacturers but.

Akash
Akash

Improving their products quality and their after sale service will surely make some changes in the reputation of the company. They should focus in one product and be a master in that rather looting people's money. A fun fact- Micromax new phone Canvas Nitro has an Octa Core processor and if u play Asphalt 8 in high settings it will crash and Moto G having a quad core processor runs the game in high settings like a Champ.