Xiaomi India retains smartphone market lead for Q2 2018

Chennai: Xiaomi has announced that it has retained its market leadership in the India, continuing to occupy the number one smartphone vendor position in Q2, as per IDC’s latest Quarterly Smartphone Tracker for 2018.

With a market share of 29.7 per cent, nearly one out of three smartphones sold in India were Xiaomi devices in Q2 2018. The quarter also marks the first time a smartphone brand shipped nearly 10 million units within a single quarter.

The study stated that Xiaomi has 24 per cent higher shipments than the second largest vendor in the country. The smartphone firm continued to be the number one smartphone vendor in the online smartphone market with 55.6 per cent market share, for the seventh consecutive quarter.

A press release stated that Redmi 5A continued ranking as the number one selling smartphone after seven months, with more than three million units shipped in the quarter.

Vice president, Xiaomi and managing director, Xiaomi India, Manu Jain, said, “This is a proud moment for Xiaomi India as we have continued ranking as the number one smartphone vendor in India for the fourth quarter in a row. We are so grateful for the immense love and support we have received from millions of Mi Fans, who have believed in us every step of the way. Our mission to deliver amazing products at honest pricing has changed people’s lives and started a new chapter in the mobile Internet era in India, and I believe we will become an even bigger part of people’s lives as we are committed to gaining our users’ sustained trust and appreciation through constant innovation across our products, business model and infrastructure.”