Apple Bumped Down a Spot On Biggest Smartphone Vendor List
Xiaomi is now the second largest smartphone vendor based on worldwide shipments in the second quarter of 2021. The Chinese company captured 17% of global market share, just behind Samsung’s 19% but ahead of Apple’s 14%. BBK’s Oppo and Vivo rounded out the list of top five vendors at 10 percent apiece. All five companies grew their shipments year on year, but what’s notable is just how much Xiaomi has managed to increase its volume — it shipped 83 percent more phones than in Q2 2020, whereas Samsung grew shipments 15 percent and Apple by just one percent. Xiaomi is growing its overseas business rapidly, citing sales boosts in regions including Western Europe, Africa, and Latin America. It is still largely skewed toward the mass market, however, and compared with Samsung and Apple, its average selling price is around 40% and 75% cheaper respectively. So a major priority for Xiaomi this year is to grow sales of its high-end devices, such as the Mi 11 Ultra.
Global smartphone shipments grew by 12% last quarter. Much of the growth seen by smartphone makers is at the expense of Huawei. Huawei has since been essentially shut out of the worldwide market due to U.S. imposed sanctions and trading bans. So far, Xiaomi appears to be the biggest beneficiary.
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