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.
source: Canalys via The Wall Street Journal

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