Xiaomi

Chinese smartphone makers took a larger share of the local market in Q2 2020 than ever before.

Apple’s market share dropped from Q4 2019’s 41% to Q2 2020’s 35%.

Xiaomi’s second-quarter revenue reached USD 7.7 billion, up 3.1% from a year ago, on the back of strong premium smartphone sales.

Oppo, the world’s fifth largest smartphone vendor, has seen sales drop 15.9% year-on-year in the second quarter to 28 million. 

While Huawei’s sales also declined year-over-year, it experienced 27.4% quarterly growth, moving it into a virtual tie with Samsung for the place of world’s top smartphone manufacturer.

The tale of Lei Jun, as the founder of Xiaomi, CEO of many public-listed companies, angel investor, and internet KOL.

Over 74 million people tuned in to his maiden show on Douyin.

They are expected to look and feel just like ordinary glasses in the future.