Apple Copycat Xiaomi Leads China Smartphone Market

By | February 18, 2015

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Xiaomi, one of the fastest-growing tech companies worldwide, has emerged as the No. 1 smartphone vendor in China. Xiaomi, pronounced she-yow-mee, ended Q4 with a 13.7% market share, ahead of Apple (AAPL) at 12.3%, according to research firm IDC. Founded in 2010, Xiaomi burst onto the scene with smartphones that use leading-edge components at less than half the price of comparable devices by Samsung or Apple. Among the chip suppliers to Xiaomi are Scalper1 News

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