Xiaomi's August Surge: Overcoming Apple in Global Smartphone Sales

Wednesday, 18 September 2024, 22:55

Xiaomi's impressive growth positions it as the second-largest smartphone vendor globally in August, surpassing Apple according to the latest Counterpoint research report. Apple's third place highlights its seasonal shipment decline ahead of the iPhone 16 launch, while Samsung maintains its top position. The success of Xiaomi can be attributed to strong sales in lower price segments, particularly in key markets like India and Latin America.
Gadgets360
Xiaomi's August Surge: Overcoming Apple in Global Smartphone Sales

Xiaomi Overtakes Apple in Global Sales

Xiaomi's remarkable ascent in the global smartphone market continues as it captures the second spot in August's sell-through volumes, according to Counterpoint Research's latest Smartphone 360 Monthly Tracker. This milestone marks the first time in three years that Xiaomi has outpaced Apple for monthly sales.

Factors Driving Xiaomi's Success

The demand for affordable 5G smartphones, particularly the Redmi 13 and Redmi Note 13 series under the $200 price category, has significantly bolstered Xiaomi's market share across regions. Its success in countries like India, Latin America, and Southeast Asia showcases the brand's effective strategy.

Market Outlook Ahead of the iPhone 16 Launch

Despite flat shipment numbers in August, Xiaomi's gain is also attributed to Apple's seasonal shipment decline before the anticipated iPhone 16 launch. Counterpoint predicts that Apple may recover its sales momentum soon.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Subscribe to our newsletter for the most reliable and up-to-date tech news. Stay informed and elevate your tech expertise effortlessly.

Subscribe