Huawei overtakes Xiaomi as top smartphone vendor
Huawei Technologies Co replaced Xiaomi Corp as China’s top smartphone vendor in the third quarter, according to a tech industry research company.
In the third quarter, Huawei’s shipments registered 81-percent year-on-year growth, while Xiaomi’s shipments shrank, Canalys estimated.
“Xiaomi, with its worldwide target of 80 million smartphone shipments for 2015, is under tremendous pressure to keep growing as an international player as it is slowing down in its key home market,” said Jessie Ding, a research analyst in the Canalys Shanghai office.
As domestic shipments wane, Xiaomi is looking to expand overseas. Lin Bin, Xiaomi’s president, said at a technology conference on Wednesday that the company is considering selling its higher-end Mi Note and Mi Note Pro models in the United States.
Xiaomi entered the Indian smartphone market in 2014, selling a million handsets.