Samsung, which was dethroned in China by local upstart Xiaomi last year, has slipped to the fifth position in the country's smartphone market now, according to a latest report from the market research firm IDC. As per the report, in Q4, 2014, the South Korean company captured just 7.9% of the market, a whopping 50% decline compared to the year ago quarter. On the other hand, with an year-on-year growth of 150%, Xiaomi occupied the first place, capturing 13.7% of the market. Next came in Apple, with 12.3% market share, followed by Huawei and Lenovo, with 11% and 9.5% market share, respectively. Overall, a total of 107.5 million smartphones were shipped in the country in Q4 last year, representing a 2% quarter-on-quarter growth. Source |...
Source: http://www.gsmarena.com/samsung_slips_to_number_five_in_chinese_smartphone_market-news-11221.php
