China’s Xiaomi launches premium phone to challenge Apple and Samsung and fill void left by Huawei

Huawei saw its global shipments fall 41% year-on-year in the fourth quarter, according to Counterpoint Research. In Europe alone, shipments plunged 62%.

Xiaomi, Oppo and Vivo all saw double-digit smartphone shipment growth in the fourth quarter of 2020, according to Canalys. Xiaomi was the third-biggest smartphone maker by market share during the same period.

But Xiaomi may not be the best positioned in the premium segment versus some of its rivals, Neil Shah, research director at Counterpoint Research, said…Read more