Xiaomi Posts 116% YoY Growth, Says Canalys In Q1 Report

Xiaomi Posts 116% YoY Growth, Says Canalys In Q1 Report

So, the main question is, what does this mean for the smartphone market?

Other than the top four manufacturers in China - Huawei, Xiaomi, Oppo and Vivo - shipments from Chinese manufacturers continue to decline.

The X took 5% of all smartphone sales by volume, according to Juha Winter, an analyst at Strategy Analytics. The Motorola is doing well in LATAM and United States smartphone markets.

The phone has shipped an impressive 16 million units already. Oppo, on the other hand, shipped 24.1 million units in the same quarter, with its market share declined from 7.8 percent in the first quarter of 2017 to 7 percent.

Apple doesn't officially release the sales figure of iPhone by models. The non-Apple devices on the top 6 slots are the Redmi 5A and the Samsung Galaxy S9 Plus.

"Most encouraging for Huawei are the signs that progress is finally being made in Great Britain, with share rising to 5.9% - it needs to conquer this market if it's going to realise its ambition of becoming a premium choice for consumers". Canalys also notes that the global smartphone market declined by 3.4-percent compared to the same period past year.

Industry tracker Strategy Analytics reported Thursday that Apple's 10th anniversary iPhone was the most popular handset around the world in the first quarter, or the period from January through March.

Samsung and Apple remain the top two players, but the market as a whole shrunk by 2.4%. TVS Electronics is responsible for handling Xiaomi's sales and distribution via the company's official website Mi.com in India. Samsung typically owns about a fifth of the market, and that remains unchanged. The iPhone 7 also shipped 5.6 million units. Both of the brands recorded annual declines in Q1 2018 for the first time. In highly saturated markets, such as the US, China and Western Europe, a lack of innovation has led to a lack of consumer demand, and growth will be hard to find in 2018.

LG came in seventh with 11.4 million phones sold, down 23 percent.

Lenovo (including Motorola) captured the 8th spot with a market share of 2 percent. The Lenovo brand declined in India and in rest of APAC, while Motorola continued to do well in LATAM and U.S. smartphone markets.

"Whilst early days for the new flagship Galaxy S9 and S9+ devices, sales are strong, so far, attracting a young female customer, who is influenced by advocacy and exclusive promotions". After that, we see a slight increase in smartphone shipments in 2017 but in 2018 we see a plunge in the numbers.

Making a stride in India's smartphone market, Taiwan-based smartphone maker ASUS last month entered into an exclusive partnership with Flipkart to sell its ZenPhones. For example, some phones being launched in today's market feature RAM size similar to that of computers and the processors allow them to run at a snappy pace even while multitasking.

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