Retail in Asia

In Trends

Apple’s no longer the top smartphone maker in China

After dipping for two quarters, Xiaomi reclaimed its spot as the top smartphone maker in China during the second quarter, beating Apple and Huawei, an analyst firm said on Monday.

Based in Beijing, China, Xiaomi grabbed 15.9 percent of the country’s mobile market share, according to research firm Canalys’ estimates.

Xiaomi can bask in the glow of victory for now, but it’s under immense pressure to maintain its top position in the quarters to come, Jingwen Wang, analyst at Canalys, said in a note Monday.

(Source: CNBC)