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

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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. Reports further included, Samsung kept up its numero uno position in the smartphone market, yet is the main company among top