Counterpoint: Xiaomi kicks Samsung to become the number 1 smartphone brand globally in June 2021


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File photo: Mi 11 camera bump |
Number 1 for the month of June!
Its report noted that Xiaomi's sales grew by 26 percent MoM in June 2021 making it the fastest-growing brand for the month. It added that Xiaomi was also the number 2 brand globally for Q2 2021 in terms of sales. Since 2011, Xiaomi has sold close to 800 million smartphones worldwide.
Commenting on the market dynamics that led to Xiaomi attaining pole position, Research Director Tarun Pathak noted, Ever since the decline of Huawei commenced, Xiaomi has been making consistent and aggressive efforts to fill the gap created by this decline. The OEM has been expanding in Huawei's and HONOR's legacy markets like China, Europe, Middle East and Africa. In June, Xiaomi was further helped by China, Europe and India's recovery and Samsung’'s decline due to supply constraints.
Commenting on the China market and Samsung supply constraints, Senior Analyst Varun Mishra said, China's market grew 16% MoM in June driven by the 618 festival, with Xiaomi being the fastest growing OEM, riding on its aggressive offline expansion in lower-tier cities and solid performance of its Redmi 9, Redmi Note 9 and the Redmi K series. At the same time, due to a fresh wave of the COVID-19 pandemic in Vietnam, Samsung's production was disrupted in June, which resulted in the brand's devices facing shortages across channels. Xiaomi, with its strong mid-range portfolio and wide market coverage, was the biggest beneficiary from the short-term gap left by Samsung’s A series.
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