Xiaomi is now the No. 3 global smartphone manufacturer, analysts say

Chinese hardware company Xiaomi is now the No. 3 smartphone maker in the world.

Published Fri, Oct 31 2014 12:25 PM CDT   |   Updated Tue, Nov 3 2020 12:13 PM CST

Chinese smartphone maker Xiaomi is now the No. 3 smartphone manufacturer in the world, trailing behind only Apple and Samsung. Described as "China's Apple," it continues to be an impressive run for Xiaomi, which has surpassed Lenovo and LG, after manufacturing smartphones for just three years.

Xiaomi is now the No. 3 global smartphone manufacturer, analysts say | TweakTown.com

Here is what IDC noted about Xiaomi: "Xiaomi jumped into the top 5 list for the first time at the number 3 position thanks to its focus on China and adjacent markets, which resulted in triple-digit year-over-year growth. Key to its success was the launch of its Mi4 smartphone in August, which was positioned as a high-end alternative to the status quo. What remains to be seen is how quickly can move beyond its home territories to drive volumes higher."

It seems inevitable that Xiaomi will try to invade the United States and Western Europe in the future - but with Apple and Samsung having so much success in these markets - Xiaomi will invest additional time to ensure a stranglehold in China and other parts of Asia first.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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