After India, Samsung's dominance challenged in China as well

Xiaomi overtakes Samsung in the Chinese smartphone market

Handset maker Xiaomi has overtaken Korean giant Samsung as the top-selling smarphone brand in China, according to a research report.

 

Xiaomi sold 1.5 crore smartphones in China in the second quarter of 2014 while Samsung could manage to sell only 1.32 crore phones.

 

Xiaomi holds a 14% market share in the world's biggest cellphone market.

 

Lenovo is placed close behind Samsung, and sold 1.3 crore phones. It has a 12% market share in China.

 

With its low cost handsets loaded with impressive specifications, Xiaomi will only make further inroads into the Chinese and the price sensitive Indian market. 

 

Samsung suffered a setback in the Indian market too, with home-grown Micromax elbowing out the Korean company to become the firm selling the highest number of handsets in the country.

 

In India, Xiaomi was launched this year and has made a splash with its Mi3 phone.