Wednesday, July 26, 2017

Report: Xiaomi sales climb but Huawei remains China’s top smartphone brand

China’s Xiaomi, once the world’s highest valued tech startup, is getting over a disappointing past two years with a notable spike in sales in its homeland during the second quarter of 2017. That’s according a new report from analyst firm Canalys, which estimates that Xiaomi, which was valued at $45 billion at the end of 2014, shipped 15 million phones during the quarter to rank fourth in China.

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