Xiaomi is intensifying the tepid smartphone market in China following sales of its flagship phone topping one million in less than two weeks.
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China's smartphone market has changed dramatically, growing for the first time in four years, and Huawei's crown has been snatched by the company.
IDC Asia/Pacific on X: China's #smartphone market suffered a 10% decline YoY in 2Q21 due to weaker-than-expected demand and a lack of flagship products, according to @IDC Worldwide Quarterly Mobile Phone Tracker.
China Smartphone Market Share: Quarterly - Counterpoint