Xiaomi Edged Out Samsung As China’s Top Smartphone Vendor In 2014, Says IDC
February 17, 2015 at 03:04 AM EST
Xiaomi has taken the top spot in China’s smartphone market away from Samsung, says a new report by research firm IDC. Thanks to strong year-over-year growth in Q4 2014 smartphone shipments, Xiaomi achieved a market share of 12.5 percent in 2014, up significantly from 5.3 percent in 2013. Samsung’s share, meanwhile, dropped to 12.1 percent from 18.7 percent. Read More