Xiaomi soared passed Apple to become third largest smartphone vendor in Q3: Gartner -

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Xiaomi edged previous Apple in the course of the third quarter of 2020 to become the world’s third-largest smartphone vendor, studies Engadget citing analysis firm Gartner.

Per the analytics agency, world smartphone gross sales contracted 5.7 % year-over-year to 366 million items in Q3 2020. This is definitely excellent news, on condition that the final two quarters had seen a decline of 20 %.

Samsung was the highest vendor with gross sales of 80.9 million items and a market share of 22 %. It witnessed modest development of 2.2 % and Gartner has attributed that to “its robust positioning amongst Android customers.’

Xiaomi soared passed Apple to become third largest smartphone vendor in Q3: Gartner

With 51.eight million items shipped, Huawei was the second-largest vendor. The firm misplaced a considerable share of gross sales, presumably due to the restrictions imposed by the US.

Xiaomi benefited significantly from Huawei’s losses

Xiaomi noticed essentially the most development in the course of the quarter and managed to promote 44.four million items. Apple, then again, shipped 40.5 million iPhones in Q3 2020 and witnessed a decline of 0.6 %. Gartner believes gross sales took successful due to the delay in the launch of the iPhone 12 collection.

Xiaomi’s lead over Apple will in all probability be short-lived, as early studies counsel that the iPhone 12 has launched to robust demand and an improve supercycle might be underway.

And lastly, with gross sales of 29.9 million items, Chinese firm OPPO additionally secured a spot in the highest 5.

Overall, the market appears to be recovering, thanks to pent-up demand from earlier quarters and the enhancements on the availability facet. That mentioned, a brand new coronavirus wave may very well be upon us, and we may have to wait and see if the restoration continues into This fall.

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(This story has not been edited by Newslivenation workers and is auto-generated from a syndicated feed.)

Xiaomi soared passed Apple to become third largest smartphone vendor in Q3: Gartner

Xiaomi benefited significantly from Huawei’s losses

By newslivenation

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Xiaomi benefited significantly from Huawei’s losses

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