Samsung is no longer China's leading smartphone vendor, Xiaomi took its place
Xiaomi recently started selling its smartphones in more markets, including India, while also launching a new flagship: the Mi4 (pictured above, currently available only in China). The company’s key to success is selling products at low prices. Even its high-end smartphones are affordable - for example, the Mi 4 costs as low as $320 in China, while offering features like a 2.5 GHz Snapdragon 801 processor, 3 GB of RAM, a 5-inch 1080p display, and a “premium” metal construction.
It will be interesting to see how much Xiaomi can still grow. Can it become one of the world’s top three smartphone makers, alongside Samsung and Apple? Right now, its rapid ascension suggests that it can. But we’ll see what happens.
source: Canalys via The Wall Street Journal
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