Xiaomi, the Chinese electronics giant, has surpassed Apple in terms of the number of smartphones shipped in the second quarter of 2021. This enabled Xiaomi to become the second-largest phone maker in the world for the first time. The company was able to garner a 17% share in the smartphone shipments during the second quarter, and it currently sits beneath Samsung, which continues to dominate the market with a 19% share.
However, Stanton notes that it will be tough for Xiaomi to do that as Oppo and Vivo, which sit in fourth and fifth place on the list respectively, are also aiming to increase their high-end device shipments. Moreover, both the BBK companies also had decent growth rates during Q2 2021.