Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

As per the reports of a leading industry rankings tracker, the very popular Chinese smartphone maker Xiaomi has fractionally jumped up the number game in the global top five vendors list due to the fall of the annual global market scenario. IDC released data today that the global shipment volume in 2017 dropped from 1.47 billion by 0.1 percent, indicating the first annual market volume shrinkage. On the other hand, another tracker Strategy Analytics claimed a 1% rise in the global market scenario.

As a matter of fact, both China and US which are globally the largest and 3rd largest smartphone markets, witnessed a decline in the sales volume in the last quarter of 2017, as the consumer base posed a lack of market demand for purchase of more expensive and new flagship devices of Xiaomi. This caused a 6.3% year-on-year dip in the total shipment volume in the last quarter, as per IDC. Strategy analysts put the same figure at a disappointing 9%, recording the biggest decline in the shipment volume in the history of the smartphone industry.

Also Read

IDC data suggests that Apple saw more shipment volume for its phones than Samsung in the last quarter of 2017, despite the poor reception of Apple’s iPhone X.

However, China’s Xiaomi outshined its domestic rival Vivo and landed the spot of the world’s 5th largest smartphone-making company, following the growth in its smartphone shipment from 74.5 to 92.4 million in the year. Speeding by Xiaomi, Samsung Electronics, Apple Inc., China’s Huawei Technologies and OPPO maintained their top 4 spots in the number game. The market expanded in favor of the top 5 vendors during the year as shipment volume by others combined dipped by 11.7%. Not very far back, in 2014 and 2015, Xiaomi was the largest vendor in China, but then stiff market competition stagnated its sales volume in the next two years. Keen to bounce back, Xiaomi, valued at around $100 billion, is now exploring a public listing.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Consequently, it has regained growth momentum this year with reasonably priced, innovative products and global market expansion, toppling Samsung’s position as the largest vendor in India.

All Xiaomi fans hope that it further accelerates its ‘Rise to Power’ (Xiaomi’s tagline) in the global market scenario.

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -