Xiaomi - The Third Largest Smartphone Vendor in World: IDC Report

By dp2web
Xiaomi Third Largest Smartphone Vendor
As per the most recent report by the marketing insights firm, International Data Corporation (IDC), Xiaomi has risen as the new star in the smartphone world. The China-based company is currently the third biggest smartphone seller around the world trailing behind Korean Samsung and USA's Apple.

"Xiaomi was the star entertainer," Strategy Analytics Executive Director Neil Mawston said in an announcement. This is the first run through Xiaomi has bounced into the Top 5 rundown, because of its concentrate on China and nearby markets, which brought about triple-digit year-over-year growth.

"Key to its success was the launch of its Mi4 smartphone in August, which was situated as a top of the line option to the norm. What stays to be seen is the way rapidly the company can move past its home domains to drive volumes higher," IDC included.

Smartphone Vendor Ranking

Reports further included, Samsung kept up its numero uno position in the smartphone market, yet is the main company among top five to see shipment volume decay year over year. While, Apple took the wraps off its exceptionally expected iphone 6 and iphone 6 Plus, and the whole time posted its biggest second from last quarter volume ever.
IDC reports, smartphone vendors sent 327.6 million gadgets in the second from last quarter of 2014 ensuing in 25.2% growth when contrasted with 261.7 million units dispatched in second from last quarter of 2013 and 8.7% successive growth over the 301.3 million units transported in 2q14.

"In spite of gossipy tidbits about a lull in the market, smartphone shipments keep on seeing record-setting volumes," said Ryan Reith, Program Director with IDC's Worldwide Quarterly Mobile Phone Tracker.

A main thrust behind the record smartphone volume was the joined exertion of the vendors trailing market pioneers Samsung and Apple. "The following three vendors – Xiaomi, Lenovo, and LG Electronics – all posted market-beating growth and with extraordinarily diverse methodologies," said Ramon Llamas, Research Manager with IDC's Mobile Phone group. "This demonstrates that there is still room to contend in this market, whether it is in the low end as Lenovo has done, at the top of the line where Xiaomi contends, or in both as LG Electronics has indicated. Past the top five, there are various different vendors attaining comparable results." 

Few days back, Xiaomi get in news as Indian Air Force asks personnel not to use Xiaomi phones, read complete news at http://sumo.ly/34z2.

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