In August 2024, Xiaomi surpassed Apple to become the world's second-largest smartphone brand.

In August 2024, Xiaomi surpassed Apple to become the world's second-largest smartphone brand, as reported by Counterpoint Research. This shift resulted from Xiaomi's strategic product and marketing adjustments, including a successful focus on entry-to-mid-tier devices and premium offerings. Meanwhile, Apple's seasonal sales decline facilitated this change. Xiaomi's growth underscores its effective market expansion and innovation efforts in a competitive landscape.

September 18, 2024
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