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Nairaland Forum / Science/Technology / Phones / Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments (956 Views)
Xiaomi Overtakes Apple To Become Number 2 In The World!!! / Apple With Their Product Price Madness / Huawei Overtakes Apple As World’s Second Smartphone Brand (2) (3) (4)
Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by postbox: 2:03pm On Nov 09, 2020 |
For the first time, Xiaomi overtook Apple as the brand with the third-highest number of global smartphone shipments in Q3 2020. Its shipments for the period were around 46 million, marking a 46% YoY increase and 75% QoQ increase. As a result, it took a 13% share of the market compared to Apple’s 11%. Apple’s shipments for the period totaled around 42 million, marking an 11% increase QoQ and a 7% drop YoY. Xiaomi excelled in China with shipments increasing by 8% YoY and 35% QoQ. Moreover, it experienced rapid expansion in new markets like Europe, MEA and LATAM at Huawei’s expense. In total, the top three smartphone brands (Samsung, Huawei and Xiaomi) sold around 177 million units in Q3 2020. Notably, though, Xiaomi was the only major OEM to post positive growth in China in Q3 2020. Compared to Q3 2019, the Chinese smartphone market declined by 14%. There was a slight QoQ growth, however, at 6%. According to the National Bureau of Statistics of China, the Chinese economy is on its way to recovery. In Q3 2020, it grew by 4.9% compared to a 6.8% contraction in Q1 and a mild 3.2% growth in Q2. However, domestic consumption remained relatively weak alongside a worsening unemployment rate. In September 2020, the jobless rate in the country’s urban areas increased by 0.2% while unemployment among college graduates rose by 4%. Apple’s iPhone 11 was the best-selling smartphone model in China during the quarter, with a 55% market share. But due to the postponement of iPhone 12’s debut, Apple sales volume overall dropped by 7% YoY. Huawei was the market leader in terms of market share, grabbing a 45% lead down from 46% in Q2 2020. Xiaomi posted significant growth, increasing its market share to 11% from 9% in Q2 2020. Of the top 10 best-selling smartphones in the country, seven had 5G capabilities, six of them being Huawei models. SOURCE:https://brandspurng.com/2020/11/09/xiaomi-overtakes-apple-with-13-market-share-75-upsurge-in-shipments/ |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by Jdesilentkiller(m): 6:29pm On Nov 09, 2020 |
Yep.. Saw this on TV today... Arise business report
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Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by sagieramos(m): 7:43pm On Nov 09, 2020 |
Jdesilentkiller: I like this ariseTV. They are really rising to be the best national TV station in Nigeria 2 Likes |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by KrazyDave16(m): 8:25pm On Nov 09, 2020 |
Apple loyalists will strongly disagree with this ![]() |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by edoairways: 9:57pm On Nov 09, 2020 |
sagieramos:They are far better than channels television 1 Like |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by edoairways: 9:58pm On Nov 09, 2020 |
What you expect, xiaomi release different varieties of phones in a year. 1 Like |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by chariisGRACE(m): 11:33am On Nov 10, 2020 |
edoairways: Why is Tecno not there? don't they also release different varieties of phones in a year. |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by edoairways: 2:22pm On Nov 10, 2020 |
chariisGRACE:The global market doesn't consider Africa in their ratings. The population from Asia, Europe and American and Australia with the exception of Africa has been their measurement. 1 Like |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by Kyase(m): 3:02pm On Nov 10, 2020 |
edoairways:So you mean Xiaomi sell more than Apple in those continents abi ![]() |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by edoairways: 4:16pm On Nov 10, 2020 |
Kyase:Of course they do. How do you think their shares supercede Apple 1 Like |
Re: Xiaomi Overtakes Apple With 13% Market Share, 75% Upsurge In Shipments by Kyase(m): 4:33pm On Nov 10, 2020 |
edoairways:Good |
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