Market Chatter: Xiaomi Increases Q1 Market Share in China

MT Newswires Live
29 Apr

Xiaomi's (HKG:1810) market share in China increased 5 percentage points year over year to 19% in the first quarter, the highest in the country, The Standard reported Sunday, citing research firm Canalys.

Shipments surged 40% year over year to 13.3 million units, the strongest among China's top five brands, the report said.

Huawei is at second place with an 18% market share and shipments of 13 million units, the report said.

Oppo and Vivo each saw a 15% market share. Oppo's shipments fell 3% while Vivo's inched up 2%, The Standard said.

Apple saw a 13% market share and shipments of 9.2 million units, down 8% year over year, The Standard reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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