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October 24, 2015

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Huawei top smartphone vendor in Q3

Source: Xinhua | October 24, 2015, Saturday | Print Edition

HUAWEI Technologies Co replaced Xiaomi Corp as China’s top smartphone vendor in the third quarter, according to a technology industry research company.

In the third quarter, Huawei’s shipments surged 81 percent year on year, while Xiaomi’s deliveries shrank, Canalys estimated.

“Xiaomi, with its worldwide target of 80 million smartphone shipments for 2015, is under tremendous pressure to keep growing as an international player as it is slowing in its key home market,” said Jessie Ding, a Shanghai-based research analyst at Canalys.

As domestic shipments wane, Xiaomi is eying overseas expansion. Lin Bin, Xiaomi’s president, said at a technology conference on Wednesday that the company is considering selling its higher-end Mi Note and Mi Note Pro models in the United States.

Xiaomi entered the Indian smartphone market in 2014, selling a million handsets.

While Xiaomi has to face big names like Apple and Samsung overseas, there is also fierce competition at home.

Already established as a global smartphone maker, Huawei made 52 percent of its smartphone sales revenue overseas last year.

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