Apple Suppresses Xiaomi Amidst The Chip Shortage

Apple Suppresses Xiaomi Amidst The Chip Shortage

Apple has finally surpassed Xiaomi, the leading Chinese company in the global smartphone market.

In the third quarter (Q3) of this year, Apple regained its second position in the global smartphone market with a 15% share. Xiaomi has been pushed back by the high demand for the iPhone 13 series smartphone.

As always, Samsung holds first place. Samsung has a 23% share of the global smartphone market. 

According to preliminary data provided by global market research firm Canalys, Xiaomi has a 14 per cent share of the smartphone market, followed by Vivo and Oppo smartphones with a 10 per cent share. Global smartphone shipments fell 6 percent in the third quarter of this year.

Apple Suppresses Xiaomi Amidst The Chip Shortage

Many iconic smartphone companies have been severely hampered by the shortage of semiconductors internationally.

Despite the shortage of chips, many smartphone companies have not compromised on production. Canalys Principal Analyst Ben Stanton revealed that the shortage of chips has also led many smartphone companies to raise phone prices.

 Chip shortage for smartphone companies seems likely to plague until 2022.

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