Xiaomi

As of tomorrow the Chinese champion will be cut off from its suppliers.

Samsung’s India market share rose by 10 percentage points to 26%, while Xiaomi slid 1 percentage point to 29% in Q2.

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.