The name of Xiaomi is no longer associated with "Chinese smartphones", intended as products of poor quality and of dubious origin, but rather the Asian brand has been able to carve out a huge market saying here in the West and there are many user testimonials who they are amazed every day by the quality of the products in relation to the quality / price ratio. Over time Xiaomi has been able to conquer many markets outside of China, obtaining amazing results in Russia, Spain, Germany, France and also in Italy, but these are just a few names of nations in which Lei Jun's company has established their roots.
This period, however, we know it is not easy for anyone, due to the COVID-19 pandemic, which has brought many people, families but also companies to their knees that have suffered a steep decline in the sales of their products, but even if it is not consolation to no one is also right to speak of those who, like Xiaomi, despite the difficult period, managed to overcome the economic threat from Coronavirus by conquering the third step of the podium of the ranking of the top vendors for smartphones distributed in the third quarter of 2020.
Xiaomi conquers the third place in the world market of Q32020 smartphones
Swe are proud of this achievement, despite the very delicate period that we are all experiencing. This is a further demonstration of the commitment and passion with which we work to keep the promises made. In the next decade we will continue to work following our guiding principles, thus never ceasing to seek innovation and explore new ways to offer the best technology at the best value for money. Above all, we want to thank our fans for the confidence they have shown in our company and our products because without them we would not have been able to achieve such an exceptional result.," he has declared Leonardo Liu, General Manager of Xiaomi Italia.
The latest report by the analysis company Canalys, relating to Q3 2020, has highlighted the growth that Xiaomi has managed to achieve net of the difficulties, which have seen it as a protagonist especially in the motherland. We are talking about 46,5 million units shipped all over the world which therefore bring the company to third place on a global scale, beating even Apple with a market share of 13,1% and a growth of 42,0%. Strange to say, a good chunk of the result was obtained from the earnings received from the Indian and Chinese markets, which represent 53% of the company's shipping volume in Q3 2020.
In fact, we recall that in India various controversies related to privacy have arisen and that they are linked to those already underway by the US government against Chinese companies, a victim of all Huawei that is losing market share dramatically due to the absence of Google services. But returning to our beloved Xiaomi, further confirmation on growth also comes from Counterpoint's most recent Market Monitor Service study, which shows that Xiaomi has grown by 75% QoQ, conquering 13% of the market share of the quarter.
The 3rd place for quantity, certainly not for quality. A Huawei from two years ago has more technology than a top of the line xiaomi released this month.