Xiaomi for the first time in history broke into third place in the global smartphone market

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Last updated on December 8th, 2022 at 02:31 pm

Xiaomi for the first time in history broke into third place in the global smartphone market

The global smartphone market, according to Counterpoint Technology Market Research, has begun to gradually recover from the impact of the coronavirus infection. At the same time, there have been serious changes in the ranking of leading suppliers.

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In the third quarter of this year, 365.6 million smart cellular devices were sold globally. This is 4% less year on year when shipments were equal to 380.0 million units. However, compared to the second quarter of the year, impressive growth was recorded – plus 32%.

The largest supplier of smartphones at the end of the last quarter was the South Korean giant Samsung with 79.8 million units shipped and a share of 22%.

China’s Huawei is in second place with 50.9 million smartphones delivered, which corresponds to 14% of the market. Under the yoke of US sanctions, Huawei’s position began to weaken rapidly: a year earlier, the company’s share was 18%.

For the first time in history, Xiaomi took third place on a global scale. The company shipped 46.2 million smartphones during the quarter. Despite the pandemic and a difficult economic environment, Xiaomi’s share rose from 8% year on year to 13%.

Apple is in fourth place with 11% of the market. This is followed by the Chinese companies OPPO and Vivo, each of which controls about 8% of the industry.

Analysts also highlight the company Realme: it increased shipments of smartphones by 45% year on year and 132% quarterly. The total share of Realme is 4%. 

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