Xiaomi rejoins the league of the world’s top 5 smartphone companies

“Global smartphone shipments grew six percent annually with 360 million units shipped in Q2 2017”

The market research firm Strategy Analytics has released its latest report on global smartphone shipments for the second quarter of this year. As per the source, Samsung remained at the top spot, while Xiaomi grabbed fifth place. The report also says that overall global smartphone shipments increased in Q2 2017 as compared to the same period last year.

Strategy Analytics Q2 2017

As per the report, Samsung shipped 79.5 million smartphone units in Q2 this year, as compared to 77.6 million units shipped in Q2 2016. The overall market share of the South Korean tech giant was 22.1 percent globally. Apple remained on the second spot with 41.0 million units shipped and an 11.4 percent market share.

The last three spots of the top five vendors were occupied by Chinese companies. Huawei claimed the third spot with a 10.7 percent market share by shipping 38.4 million units. OPPO grabbed the fourth spot with an 8.2 percent market share and 29.5 million units in shipments.

As for Xiaomi, the company claimed the fifth spot by shipping 23.2 million units and grabbing 6.4 percent of the global market share. The report says that Xiaomi surged 58 percent annually and rejoined the top five rankings for the first time this year.

Talking about the global smartphone shipments, it grew six percent annually from 341.5 million units in Q2 2016 to 360.4 million in Q2 2017.

As for the wearables market, the report says that Xiaomi is now the world’s largest wearables manufacturer, beating Apple and Fitbit as well. The brand has managed to sell 3.7 million wearables in Q2 2017, raking in a 17.1 percent market share.

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