Xiaomi, a smartphone maker based in China, sold more devices in its home market during the second quarter than Samsung, the world's No. 1 supplier of devices. Samsung owned the Chinese smartphone market for more than two years, but data from Canalys says its reign has come to an end.
Indian budget smartphone maker Micromax has ousted Samsung Electronics Co Ltd as the leading brand in all types of mobile phones in the April-June quarter, grabbing a 16.6 percent market share, a recent research report showed.
Great news for consumers and the market in general. This will drive prices down, foster competition, and increase choice. We all win.
Now, if only Europe had its own smartphone maker. And what about South-America?