Last week, we heard reports that Micromax had dethroned Samsung to become the Number 1 phone manufacturer for Q2 2014 in terms of units shipped. However, Samsung says this is not the case.
Economic Times talked to Samsung President and Chief Executive for South-West Asia, BD Park. He claims that these reports are false. He admitted that sales had decreased in the past quarter, and that the Galaxy S5 did not sell as well as they had predicted. Nevertheless, the company still met its targets, and according to their internal data, still controls more than 50% of the Indian market with more than double the sales of the [...]
The year 2014 is definitely proving to be a great year for the “Apple of China”. Yes, Xiaomi Inc has overtaken LG to claim the fifth spot in overall smartphones shipped in the second quarter of 2014. The company, barely four years old, was labeled as the ‘star performer’ for the quarter by Strategy Analytics.
The market research firm today reported that Xiaomi captured a record 5.1% market share, up from a meagre 1.8% it captured last year. In physical numbers, the company showed a sharp growth. Xiaomi shipped an incredible 15.1 million units in the second quarter of 2014, as compared to only 4.1 million units shipped [...]