Friday, October 2, 2020

Xiaomi loses top spot to Huawei in massive China smartphone market

Xiaomi has been knocked from the top of China’s smartphone market by Huawei, according to new research, a setback for a company that was often feted as “the Apple of China.”

Research company Canalys called it a “remarkable feat” by Huawei, best known outside China for its network equipment, and one that puts Xiaomi under tremendous pressure to maintain its growth rate elsewhere in the world.

Xiaomi caught the world’s attention two years ago when it hired Hugo Barra, a former Google executive who managed the development of Android, to help it expand overseas.

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