Beijing :China’s domestic smartphone makers Xiaomi and Huawei have regained top positions in the second quarter, pushing iPhone to the third position in the world’s biggest smartphone market, according to figures released today.
Xiaomi, a late entrant to the Chinese smartphone market which effectively used social channels for marketing, achieved new records for sales volume during the second quarter and retained top spot with a 18 per cent market share.
Huawei climbed up to second place, securing for itself a market share of 16 per cent.
Apple retained third spot with a market share of 12 per cent, while Vivo bagged the fourth spot maintaining a market share of 10 per cent, state-run People’s Daily reported.
Korean electronics giant Samsung, once the top smartphone vendor in China, fell to fifth position with a market share of 9 per cent only, despite launching its flagship phone, the Galaxy S6.
In 2010, CMNet market revenue was 17.2 billion yuan (USD 2.8 billion), it is estimated to expand to 251 billion Yuan (USD 41.8 billion) in five years, the report added.
PTI