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Xiaomi Overtakes Samsung in Chinese Smartphone Market Share

Eva Dou, reporting for the WSJ:

Xiaomi led China’s second-quarter smartphone shipment rankings with 14% market share, following by Samsung, Lenovo and Yulong each with 12%. It’s quite a jump from the first quarter, when Xiaomi’s 10.7% market share trailed Samsung’s 18.3% and Lenovo’s 11%. And an even bigger leap from a year ago, when Xiaomi only held 5%. […]

Xiaomi’s devices typically sell for more than $100, while Samsung’s high-end Galaxy smartphones typically cost more than $500.

Market share as a first priority generally doesn’t end well. When you compete on quality, “almost the best” will often still do pretty well. When you compete on price, “almost the cheapest” always loses.

Tuesday, 5 August 2014