Canalys: Huawei overtakes Xiaomi as China's top smartphone vendor

Canalys said Huawei became China's top smartphone vendor in the third quarter of 2015, while Xiaomi fell to second place. This is Huawei's first time at the top of China's competitive smartphone market. According to Canalys, the company recorded 81 per cent year-on-year shipment growth, extending its strong performance in the previous quarter. In contrast, Xiaomi's shipments shrank year-on-year as it struggled to sustain its high growth. The research company noted that Xiaomi has a worldwide target of 80 million smartphone shipments for 2015 and is under tremendous pressure to keep growing as an international player as it is slowing down in its key home market. Release

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