Xiaomi overtakes Samsung as leading Smartphone maker
By Catholic Online (NEWS CONSORTIUM)
8/5/2014 (3 years ago)
Catholic Online (www.catholic.org)
How do you pronounce Xiaomi? Think of "show me," and then pronounce the first syllable as if it was in "shower." While Xiaomi in English translates as "little rice," there's nothing little about this Chinese Smartphone manufacturer - Xiaomi has knocked South Korean company Samsung off the throne as China's foremost Smartphone maker.
Xiaomi has evolved from a niche player in China to a major force in its home market.
LOS ANGELES, CA (Catholic Online) - The Chinese smartphone maker shipped more units than its South Korea-based rival for the first time in the second quarter.
Founded in China in 2010, releasing its first smartphone the year after and going on to sell some 27 million handsets in two years, has ambitious global expansion plans. They're looking to take on Southeast Asia in the short term.
It's the latest indication that Xiaomi has evolved from a niche player in China to a major force in its home market.
Xiaomi captured 14 percent of the Chinese market in the second quarter, according to research firm Canalys, which translates to 15 million smartphones, a 240 percent improvement over the same period last year.
"This is a phenomenal achievement for Xiaomi," said Canalys analyst Jingwen Wang, who praised Xiaomi's marketing and product lineup.
It must be noted that Xiaomi has only a narrow lead over its rivals. Samsung, Lenovo, Yulong and Huawei all have more than 10 percent of the market. Samsung, in particular, is expected to rebound in the third quarter.
"[Xiaomi] does now need to deliver LTE products in China to address growing demand for 4G services if it is to retain its momentum," Wang said.
Xiaomi is still relatively unknown outside China, the destination for 97 percent of Xiaomi's shipments in the second quarter. But the company has been quietly stockpiling tech talent as it builds a business worth more than $10 billion.
The firm poached Google executive Hugo Barra last year to help fulfill its ambition to become a global player. Indonesia, Mexico, Russia, Thailand and Turkey have all been mentioned as expansion targets.
Xiaomi is renowned for its rabid fan base and skillful marketing. Its phones, which some critics deride as Apple knockoffs -- typically price at around $130, or just about the cost of parts and labor.
Copyright 2017 - Distributed by THE CALIFORNIA NETWORK
Pope Francis Prayer Intentions for OCTOBER 2017
Workers and the Unemployed. That all workers may receive respect and protection of their rights, and that the unemployed may receive the opportunity to contribute to the common good.
September 23 is a worrisome date for millions of people who believe that a massive planet will affect the Earth as it passes by in space. ... continue reading
Scientists plan to send a signal into deep space to see if aliens are out there. However, experts warn we could endanger humanity by doing ... continue reading
Goodbye to Cassini, the space probe that was launched in 1997 and spent six years travelling, and over thirteen years exploring Saturn and ... continue reading
Is the end of Google near? Internet giant may soon become target of anti-trust laws around the world Watch
Google is getting too big for its own good, or so some experts are warning. Talk of anti-trust measures against the internet giant is ... continue reading
UFO Seekers use a telescope to capture images of the secret Area 51 base where people can be SHOT on sight Watch
Hikers and UFO enthusiasts have captured clear, new images of the secretive Area 51 base in Nevada using a telescope and camera. The photos ... continue reading
by Catholic Online
- Sorry, there's no science to support 'transgender therapy' for kids
- Daily Readings for Tuesday, October 17, 2017
- Virgin Mary appears to Hindu schoolchildren in India, miracles ...
- Martin Luther would be horrified - The reformer had no intention of ...
- U.S. drills for mass evacuation of Americans from South Korea, but ...
- St. Ignatius of Antioch: Saint of the Day for Tuesday, October 17, 2017
- Daily Reading for Wednesday, October 18th, 2017 HD Video
- Intro to Novena to the Saints in Heaven for the saints on earth HD
- Trump ends taxpayer giveaway to insurance companies HD
- Daily Reading for Tuesday, October 17th, 2017 HD
- Daily Reading for Monday, October 16th, 2017 HD
Learn about Catholic world
Inform - Inspire - Ignite
Catholic Online Saints
Your saints explained
Catholic Online Prayers
Prayers for every need
Catholic Online Bible
Complete bible online
Catholic Online News
Your news Catholic eye
Today's bible reading
Products and services we offer
Catholic Online Shopping
Catholic medals, gifts & books
The California Network
Inspiring streaming service
Learn the Catholic way