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Xiaomi Surpasses Apple To Become The World’s 3rd Biggest Smartphone Brand

#jaiyeorie The International Data Corporation (IDC) has released its report on smartphone shipments in the third quarter of this year, the third quarter of 2020, and the report reveals that South Korean giant Samsung has managed to maintain its leading position. It reveals that smartphone shipments fell 1.3 percent in the quarter from a year earlier, which is better than expected due to the COVID-19 pandemic, in which several countries were locked for months. About 353.6 million smartphones were shipped in the third quarter of this year, from July to September. Earlier, IDC had predicted that the decline could be around 9 percent, but the actual figures are better than expected. According to the report, Samsung is in a pole position with a market share of 22.7 percent when the company managed to deliver 80.4 million units in the third quarter of 2020. Shipments refer to a 2.9 percent increase in the company from the previous year.

Xiaomi Surpasses Apple To Become The World’s Third Biggest Smartphone Brand

Huawei has been ranked second with shipments of 51.9 million units, capturing around 14.7 percent of the worldwide market. When compared on a year-on-year basis, the Chinese giant’s shipments declined by a massive 22 percent.

While one Chinese market saw a decline, another witnessed tremendous growth. Xiaomi has surpassed Apple to become the third-largest smartphone brand in the world, with a market share of 13.1 percent and 46.5 million shipments. It witnessed a growth of 42 percent, mainly because of increased demand for low-end and mid-range smartphones, especially in developing countries like India.

Apple and Vivo take the fourth and fifth positions with 11.8 percent and 8.9 percent market share, respectively. While Apple shipped 41.6 million units in Q3 2020, Chinese company Vivo shipped 31.5 million units.

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