Thursday, July 31, 2014

Global Smartphone Market: 3 Chinese companies among Top 5

Xiaomi has emerged as the 5th largest Smartphone vendor in the world. This means between  Huawei, Lenovo and Xiaomi, they have about 18% market share of the global Smartphone market. 

It is also evident that all the three brands have aggressive plans to grow.  With Google's Android One and Android Silver initiatives providing further thrust for Android ecosystem, it is very likely that the Chinese OEMs will make further inroads into the Smartphone world.

It will not be a surprise if a Chinese Smartphone OEM becomes #1 soon,  much like Haier - A Chinese company, global # 1 in market share  for the past 5 years in the White Goods space ( Household Refrigerator, Washing Machines, A/c etc) !!!
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