Chinese Manufacturers Make Gains In Smartphone Market
The latest Gartner report on smartphone sales shows Chinese manufacturers making year-over-year gains on Samsung and Apple.By Sebastian Martinez | December 16, 2014
Developing markets were the hotspots for smartphone sales in the third quarter, according to Gartner.
And as Fortune points out, it was phone manufacturers from those developing markets, China in particular, that really took the quarter as smartphone prices continue to shrink.
Gartner singled out Beijing-based manufacturer Xiaomi as the fastest-growing phone company, selling more than 15 million units this quarter, compared to just 3 million in Q3 last year.