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Apple overtook Xiaomi to become the second largest mobile phone market in the world

BingMag.com Apple overtook Xiaomi to become the second largest mobile phone market in the world

According to the latest report from Canalis, smartphone sales in the third quarter of 2021 decreased by 6% compared to the same period last year. This is while in the first quarter we saw a growth of 27% and in the second quarter we recorded a growth of 11%. Xiaomi is the biggest loser in the mobile market in the third quarter of this year, according to the report. Percentage has reached and therefore has fallen to third place. Of course, it should be noted that in the same period last year, the market share of Xiaomi phones was 14%.

BingMag.com Apple overtook Xiaomi to become the second largest mobile phone market in the world

On the other hand, last year the market share of Apple phones was 12% in the same period, but now these phones have occupied 15% of the market and therefore the company has reached the second place. Also in the third quarter of 2021, Samsung still ranks first by a wide margin with a market share of 23%. BBK Holdings' two subsidiaries, Oppo and Vivo, also accounted for 20 percent of the total market. Some companies receive less than three-quarters of registered orders. As a result, handset sales are likely to continue to decline in the fourth quarter. According to estimates, the chip shortage crisis will continue until 2022.

  • Apple will reduce production of iPhone 13 due to chip shortage

Source: Android Authority

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