Xiaomi overtakes Apple as no. 2 smartphone maker2021|00:55
Xiaomi has overtaken Apple as the world's number two maker of smartphones. That's according to analysis by researchers at Canalys. The Chinese brand took 17% of the market for smartphones in the second quarter. That put it ahead of Apple's 14%, and just behind leader Samsung, which was on 19%. Unit sales don't tell the whole story though. Canalys says Xiaomi phones are on average as much as 75% cheaper than handsets from its big two rivals. It says growing sales of higher-end devices is thus the firm's big challenge for the year ahead. Xiaomi's growth rate is hard to dispute, however. The company's shipments jumped more than 300% in Latin America, 150% in Africa, and 50% in Europe.