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TAGGED AS XIAOMI

Smartphone sales of China’s Xiaomi drive global growth

telecom | 10/30/2014 3:41 pm EDT

Global smartphone shipments were up 25.2 per cent in this year's third quarter from a year earlier, driven largely by explosive growth in devices coming from China's Xiaomi, International Data Corp. said in a release Wednesday. IDC said that preliminary data indicates there were 327.6 million shipments of smartphones during the three-month period, compared to 261.7 million one year earlier. The top two vendors remained Samsung Electronics Co. and Apple Inc. Samsung's smartphone shipments were down 8.2 per cent year-on-year to 78.1 million, while Apple sales gained 16.1 per cent to 39.3 million helped by the release of two new iPhones. Cracking the top five for the first time to land in third spot was Chinese manufacturer Xiaomi, which saw smartphone shipments surge 211.3 per...