Close X
Thursday, November 14, 2024
ADVT 
Tech

Xiaomi now world's fifth largest smartphone maker

Darpan News Desk IANS, 01 Aug, 2014 09:37 AM
    China's Xiaomi has become the fifth largest smartphone maker in the world. The Chinese company reached this milestone in just three years.
     
    The electronics firm run by billionaire Lei Jun has captured five percent of the global market share in the last three months, according to new figures from Strategy Analytics.
     
    Xiaomi edged out Korean giant LG to claim the fifth spot.
     
    It now has a share of 5.1 percent of the world's smartphone business up from 1.8 percent last year.
     
    The company primarily sells its phones and tablet computers through flash sales on its site.
     
    Samsung remains the global smartphone leader with a 25.2 percent share of the market in Q2 of this year, followed by Apple with 11.9 percent. China's Huawei with 6.8 percent and Lenovo with 5.4 percent are at the third and fourth positions respectively.
     
    In India, Xiaomi has launched three phones. Its flagship offering Mi3 sold out on e-commerce sites within no time, media reports said.
     
    Globally, smartphone shipments grew by 27 percent year-on-year to reach a record 295 million units in the second quarter.

    MORE Tech ARTICLES

    App to expose cheating partners

    App to expose cheating partners
    Have a doubt that your husband is having an extramarital affair? Get this app and track every detail of his digital life....

    App to expose cheating partners

    No signal! Turn your smartphone into 'walkie talkie'

    No signal! Turn your smartphone into 'walkie talkie'
    For hikers, outdoor enthusiasts and families that love to travel, this device is a must as this turns your smartphone into a "walkie talkie" even if you have no phone coverage....

    No signal! Turn your smartphone into 'walkie talkie'

    Diamond blasted with laser to decode giant planets' core

    Diamond blasted with laser to decode giant planets' core
    To unlock the mystery behind how the cores of 'super-Earths' or giant planets like Jupiter respond to intense atmospheric pressure, US researchers...

    Diamond blasted with laser to decode giant planets' core

    Relish 3D-printed ice creams soon

    Relish 3D-printed ice creams soon
    Bored of the same old ice cream bars and cones? A new machine that can produce amazing 3D-shaped ice creams for your kids in flat 15 minutes is here now...

    Relish 3D-printed ice creams soon

    X-ray to fix broken earphone

    X-ray to fix broken earphone
    This may sound bizarre but a US doctor has used X-ray machine to fix his broken headphone after "diagnosing" a tiny break in the cords....

    X-ray to fix broken earphone

    Dell begins accepting virtual currency Bitcoin

    Dell begins accepting virtual currency Bitcoin
    US multinational Dell, the world's third-largest PC manufacturer, said it has begun accepting bitcoin payments for purchases on the company's website, giving a new boost to that digital form of currency.

    Dell begins accepting virtual currency Bitcoin