Retail in Asia

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Huawei top smartphone vendor in Q3

Huawei Technologies Co replaced Xiaomi Corp as China’s top smartphone vendor in the third quarter, according to a technology industry research company.

In the third quarter, Huawei’s shipments surged 81 percent year on year, while Xiaomi’s deliveries shrank, Canalys estimated.

"Xiaomi, with its worldwide target of 80 million smartphone shipments for 2015, is under tremendous pressure to keep growing as an international player as it is slowing in its key home market," said Jessie Ding, a Shanghai-based research analyst at Canalys.

(Source: Shanghai Daily)