Xiaomi was a drowning ship in 2015. However, the company systematically recovered from a tough 2015, soared through 10 quarters and now, Lei Jun and his men are aiming for the top again. According to DigiTimes, Taiwan’s electronics industry research institute, Xiaomi is likely to surpass OPPO in the first quarter of this year, to become China’s second-largest smartphone maker, second only to Huawei.
Digitimes Research predicts that Huawei will remain China’s No. 1 smartphone maker in the first quarter of this year, with Xiaomi likely to replace OPPO as No. 2 especially with its strong sales in Russia, Eastern Europe, and other markets. The research firm also said that vivo and Lenovo will be ranked fourth and fifth respectively.
Gizchina News of the week
There is currently a strong demand for smartphone parts – an indication that there will be a huge competition this year. Reports have it that some manufacturers have already got short-term orders, especially for screen panels. The industry generally believes that Taiwan’s smartphone lens module supplier, Dalit photoelectric, will receive more orders. Its products are currently sourced by Huawei, OPPO, vivo, Xiaomi, and others.