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[Xiaomi] Xiaomi smartphone blasts through Europe – Now No 1. in Ukraine

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10:11, Feb-12-2019 | From PC
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Xiaomi-logo.jpg


Dear MIUIers,
In the past two years, the global smartphone market basically got to its peak and it became really difficult for OEMs to throw “anything” into the market and succeed. The Chinese smartphone market, which is the largest in the world is saturated thus most brands are now seeking fresh opportunities. The European market has become the new “battlefield”.

1.-xiaomi-market-share-1.jpg

Today, market research firm Canalys released a report showing that Xiaomi’s mobile phone market in Europe has achieved very good results, especially in Ukraine. In the fourth quarter of 2018, Xiaomi mobile phone seized a 26.7% market share and blasted through to the top position for the first time, leading Samsung which claimed a 26.5% market share. Interestingly, four of the top five mobile phone brands in Ukraine are Chinese brands. The others include Huawei (16.2%), Meizu (10.6%) and Honor (7.9%). Even if you are to consider Huawei and Honor as one company, its collective market share is still not up to Samsung in second place.

1.-xiaomi-market-share.jpg

In the Western European market, Xiaomi’s mobile phone has also achieved amazing results. It has successfully ranked among the top five and has become the fastest growing mobile phone brand in Western Europe with a unanimous growth rate of 415.1%. In the Spanish market, Xiaomi grew by 273.4% year-on-year and currently ranks among the top 3.

1.-xiaomi-market-share-a.jpg

It is worth mentioning that Xiaomi entered important Western European such as France, Italy and the United Kingdom in May 2018. It is quite impressive for it to have achieved such results in just over half a year. Four years ago, Xiaomi began its global development and expansion. As of the second quarter of last year, it grew by 150%. It has entered 82 foreign markets and has become the top five in the 25 markets. According to the third quarter financial report of 2018 , Xiaomi’s foreign market achieved revenue of 22.3 billion yuan ($3.2 billion), up by 112.7% year-on-year, accounting for 43.9% of total revenue.


Disclaimer: This is a reproduced article and the copyright rests with the original author. The views in this article are not from MIUI News Team, or MIUI Global Forum. If there is any disagreement, please contact the Forum Management Team to delete it.




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13:33, Feb-12-2019 | From Mi MIX 2S
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Thanks for the information!
Effectively Xiaomi is growing rapidly!!

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13:37, Feb-12-2019 | From Redmi Note 4X
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Great news for Xiaomi!

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because they are cheapest

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11:42, Feb-14-2019 | From Mi 8
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Congratulations 🎉🎉🎉

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eventually it becomes number 1

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