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Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker - Phones - Nairaland

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Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker by postbox: 3:36pm On May 26, 2021
In the first quarter of 2021, Xiaomi’s smartphone business continued to grow significantly. Revenue from smartphone sales grew by 69.8% to RMB51.5 billion year-over-year. Global smartphone shipments in the period reached 49.4 million units and the gross profit margin for the smartphone business was 12.9%.
According to Canalys, the Group maintained 3rd position in terms of smartphone shipments globally during the quarter, registering a market share of 14.1%

Xiaomi’s smartphone business in mainland China has also maintained its rapid growth trajectory. According to Canalys, in the first quarter of 2021, Xiaomi rose to the 4th position winning a market share of 14.6%.

Meanwhile, Xiaomi attained the No. 4 spots in Africa as smartphone shipments increased 191.0% year-over-year.

The Group further strengthened its market position across online channels. According to third-party data, Xiaomi’s online smartphone market share in mainland China jumped to 38.0% in the first quarter of 2021 from 18.5% in the first quarter of 2020.

Meanwhile, it also expanded its offline retail presence in mainland China. As of April 30, 2021, the number of our retail stores surpassed 5,500, an increase of over 2,300 stores from December 31, 2020.

Overseas markets maintain growth momentum achieving explosive growth across Europe
In the first quarter of 2021, Xiaomi’s revenue from overseas markets increased 50.6% year-over-year to RMB37.4 billion. According to Canalys, Xiaomi’s market share in the first quarter ranked among the top five smartphone companies in terms of shipments in 62 countries and regions globally and No.1 in 12 countries and regions.

Xiaomi further improved its competitive positioning in key markets. According to Canalys, in the first quarter of 2021, the Group was ranked among the top two for the first time in Europe following an 85.1% year-over-year increase in smartphone shipments allowing us to retain a market share of 22.7%.

Notably, Xiaomi was ranked No. 1 in Eastern Europe for the 2nd consecutive quarter as smartphone shipments increased 81.8% year-over-year to reach a 32.5% market share. Xiaomi was also ranked No. 1 for the first time in Russia with a market share of 32.1%.

The Group retained its top 3 positions in Western Europe as market share rising to 16.6% following an 89.3% year-over-year increase in smartphone shipments. The Group was ranked No. 1 in Spain for the 5th consecutive quarter after achieving a 35.1% market share.

Additionally, Xiaomi’s market position rose to No. 2 in Italy and it retained the No. 3 spots in Germany and France and entering the top 5 in the U.K. for the first time, all with a growth rate in shipments exceeding 90% year-over-year. Moreover, Xiaomi was ranked No. 1 for the 14th consecutive quarter in India in terms of smartphone shipments where it has a market share of 28.3%.

The Group continued its strong growth momentum in new markets. According to Canalys, its position in Latin America rose to No. 3 as smartphone shipments increased 161.7% year-over-year to reach an 11.5% market share. Additionally, Xiaomi ranked No. 3 in the Middle East as smartphone shipments increased 87.8% year-over-year.

As of March 31, 2021, Xiaomi has also established cooperation with over 150 carrier channels (including carrier subsidiaries) worldwide.

SOURCE:https://brandspurng.com/2021/05/26/xiaomi-position-3rd-largest-smartphone/

Re: Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker by Ifiegboria(m): 3:56pm On May 26, 2021
Cool
Re: Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker by blaquemyc: 4:19pm On May 26, 2021
I'll be back when the war begins

1 Like

Re: Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker by BrickDevo: 4:37pm On May 26, 2021
Xiaomi makes great devices no be hype
Re: Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker by Flamees(m): 5:36pm On May 26, 2021
Redmi dey off me with price
Re: Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker by sunshineV(f): 5:58pm On May 26, 2021
now this is something to celebrate
Re: Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker by stupidmod3: 6:37pm On May 26, 2021
itel can be the largest maker, techno can also be.

largest in case u dont know means amount of quantity (not quality) been made.

what u expect from a company that makes one phone and follows it with 12 to 15 different variety.

their notice me too many, was even rooting for the note 10 pro, but omo users reviews are all complaining about bugs here n there.

drop test ko lol
bend test ko, dont even bother.

while people b acting like apc zombies.
soon dem go pack enter here begin pour out praise for quantity and not quality
Re: Xiaomi Retains Position As World’s 3rd Largest Smartphone Maker by Valleys(m): 9:04pm On May 26, 2021
stupidmod3:
itel can be the largest maker, techno can also be.

largest in case u dont know means amount of quantity (not quality) been made.

what u expect from a company that makes one phone and follows it with 12 to 15 different variety.

their notice me too many, was even rooting for the note 10 pro, but omo users reviews are all complaining about bugs here n there.

drop test ko lol
bend test ko, dont even bother.

while people b acting like apc zombies.
soon dem go pack enter here begin pour out praise for quantity and not quality
Before you cap anyhow, be reminded that Europe and many parts of the world is not like Africa that is a dump site. If the standard is not good Indians, Spaniards and co will not make it their number 1 in terms market share.
Transion is here celebrating Helio G80 and co when the rest of the world is talking dimensity series.

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