According to a new report from Counterpoint Research, Xiaomi has lead the global smartphone market in terms of global smartphone sales (sell-through) volume for the month of June.
During this period of time, Xiaomi has attained an impressive market share of 17.1%. Long term leader Samsung on the other hand, has attained a 15.7% market share which is still ahead of the Cupertino giant’s market share of 14.3%.
Moving on, Counterpoint also noted that the Chinese smartphone maker achieved an impressive Month-over-Month (MoM) growth of 26% in June, making it the fastest growing smartphone brand for the very same month.
In explaining Xiaomi’s phenomenal growth, Counterpoint’s Research Director Tarun Pathak highlighted that the company has been making concerted effort in filling the gap which was created by Huawei’s decline in the smartphone market.
Furthermore, the company’s stellar performance was also helped by the recovery of smartphone demand in key markets like China, Europe and India, as well as Samsung’s decline owing to the disruption of it’s supply chain in Vietnam due to the COVID-19 pandemic.
