That’s quick, China’s Xiaomi now the 5th largers smartphone maker

With only just 4 years old the China’s Xiaomi now has 5.1% market share up from 1.8% last year but still Samsung remains the global smartphone leader with a 25.2% share of the market in Q2 of this year, followed by Apple with 11.9%, China’s Huawei with 6.8% and Lenovo with 5.4% according to Strategy Analytics’ Woody Oh.

With the new Xiaomi Mi4 phone that resemblance to the iPhone also the official Xioami website itself has many similarities to Apple’s, this might be a clue on how they can gain such market share in short time.

Below is a video in the making of Xiaomi Mi4

Source : Forbes