Xiaomi was China smartphone market leader in 2014: IDC

Xiaomi was China smartphone market leader in 2014: IDC

SHANGHAI - Upstart Xiaomi was the top smartphone company in China last year with a 12.5 percent market share, narrowly outpacing South Korea s Samsung, market intelligence firm International Data Corporation (IDC) said Tuesday.

Samsung was just behind with 12.1 percent market share based on shipments by vendor in 2014, slipping from 18.7 percent in 2013, IDC said in a statement.


"Xiaomi s focus on selling low-cost phones with decent specifications, as well as the hype that it created through its flash sales, helped it to obtain the top position," IDC said.

US technology giant Apple did not even place in the top five for market share in China for all of 2014, according to IDC.

However, it took second with a 12.3 percent share in the fourth quarter of last year -- behind Xiaomi s 13.7 percent -- helped by the launch of its large-screen iPhone 6 and iPhone 6 Plus.


Apple said in January that its previous quarterly profit rocketed to $18 billion on booming global sales of iPhone models, especially in China.

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