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Xiaomi becomes second-largest smartphone OEM, according to one analyst firm
- According to Canalys, Xiaomi is now the world’s second-largest smartphone manufacturer.
- This is the first time Xiaomi has held this spot and is thanks in no small part to HUAWEI’s fall from grace.
- Canalys has since updated its figures, with Xiaomi much closer to Samsung as a result.
Update: July 30, 2021 (2:26 AM ET): Canalys has just updated its Q2 2021 market share report, and the results show that Xiaomi is much closer to Samsung. More specifically, just 1% separates the two companies. You can read all the details here.
Original article: July 15, 2021 (2:26 PM ET): Venerable analyst firm Canalys just published its global smartphone shipment numbers for Q2 2021. The report indicates there’s been some shuffling of the top five smartphone vendors around the world.
According to the report, Xiaomi is now the world’s second-largest smartphone OEM. This brings it up one spot from the previous quarter. It’s the first time the company has held a spot this high.
Of course, anytime someone moves up, someone needs to move down. In this case, Apple shifted a slot to third place. The first-, fourth-, and fifth-place slots remain unchanged, with Samsung, OPPO, and vivo occupying them respectively.
Although Xiaomi has been making amazing strides recently, there’s no question that HUAWEI’s exit from the top five is part of why this was possible. For years, HUAWEI occupied that second-place slot and even temporarily overtook Samsung for the number one slot in 2020. However, it couldn’t sustain that momentum under the HUAWEI ban. Now, the company isn’t even in the top five.
This is only one company’s report, though. It’s very possible that other firms will report different numbers that could show Xiaomi still in third. However, there’s no question that Xiaomi will eventually occupy the second-place slot without contention.