Xiaomi to become world's second largest mobile phone maker

 Xiaomi to become world's second largest mobile phone maker

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Although Samsung, Huawei and Apple have been able to outperform all other manufacturers in the mobile phone business for some time, the list has changed dramatically in the face of Huawei's strong decline.

Previously, BBK Electronics was the world's largest mobile phone maker, with the exception of Samsung and Apple.However, according to the latest reports, Xiaomi has become the second largest mobile phone maker in the world, surpassing BBK Electronics and Apple.

Samsung still leads the way with 19% of the total market by the second quarter of 2021, but their market growth is as low as 15%.

Xiaomi accounts for 17% of the market share, with a growth rate of 83% compared to the second quarter of 2020.Xiaomi seems to have increased sales of its products by 300% in Latin American countries, 150% in African countries and 50% in Western European countries.

As a result, many analysts point out that Xiaomi will soon overtake Samsung to become the world's largest mobile phone maker.

Apple grew by only 1% in the second quarter of 2020, with 14% of the total market, ranking third.

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