Xiaomi Remarkable Smartphone Sales: Xiaomi’s recent achievement of selling over 1 million units of its latest flagship smartphone within a week of its launch is seen as a positive sign that China’s phone market may be on the road to recovery. The Chinese smartphone market has been grappling with declining demand, exacerbated by the COVID-19 pandemic and a slow economic rebound, causing consumers to delay their phone upgrades. Xiaomi’s CEO, Lei Jun, announced on Weibo that the Mi 14 series had exceeded 1 million unit sales and that the phones were still in short supply.
The Mi 14 series, which hit the Chinese market on October 31, features Qualcomm’s advanced Snapdragon 8 Gen 3 processor and Xiaomi’s proprietary HyperOS software. This strong launch has led analysts, like Will Wong from industry research firm IDC, to believe that it signifies a potential market bottoming out.
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This news follows a significant surge in sales for Huawei’s Mate 60 series phones, marking a comeback for the company after facing U.S. export controls in 2019. IDC predicts that the Chinese market is set to achieve year-on-year sales growth in the fourth quarter, breaking a streak of ten consecutive quarters of decline, although the exact level of growth remains unspecified.
U.S. chip designer Qualcomm has also reported robust demand from smartphone companies, particularly in China. Xiaomi’s Mi 14 series, priced between 3,999 yuan and 6,499 yuan ($550-$890), reflects the company’s ambition to expand its presence in the premium smartphone market, competing with industry giants like Apple and Huawei. This upturn in smartphone sales offers a glimmer of hope for the Chinese phone market’s resurgence.
Our Reader’s Queries
How many phone sales does Xiaomi have?
Despite a 1.1% YoY decrease in global smartphone shipments during Q3 2023, Xiaomi’s shipments showed impressive growth both YoY and QoQ. In fact, the company’s global smartphone shipments reached an impressive 41.8 million units – the highest level seen in the past six quarters. This is a testament to Xiaomi’s ability to defy industry headwinds and maintain a strong foothold in the competitive smartphone market.
What is the most selling phone brand in the world 2023?
In 2023, the top smartphone brands globally are predicted to be Apple, Samsung, Xiaomi, Oppo, Vivo, and Others. Apple is expected to hold the highest market share at 18.6%, followed by Samsung at 21.3%. Xiaomi and Oppo are projected to have 11.9% and 9.9% market share, respectively, while Vivo is expected to hold 7.8%. Google is also expected to make an appearance with a 0.9% market share. These brands are expected to dominate the smartphone market in the coming years.
What is the sales record of Xiaomi?
Xiaomi, the well-known Chinese electronics company, has made history by achieving an outstanding sales record of $3.11 billion on Singles Day. The annual shopping event saw Xiaomi’s sales soar across multiple platforms, marking an unprecedented achievement for the brand.
What is the most sold mobile brand in the US?
After conducting a representative online survey in 2023 among 9,564 consumers in the United States, we discovered that “Apple” is the most popular smartphone brand among U.S. consumers. On the other hand, “ZTE” ranked at the bottom of the list. These findings were based on the responses we received from the survey participants.