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China's Xiaomi surges to become world's third largest smartphone vendor

Michael Kan | Oct. 31, 2014
Samsung saw its smartphone market share dip, while Apple iPhone shipments continued to grow, according to two research firms.

Helped by iPhone 6 sales at the end of the quarter, Apple posted its largest third-quarter smartphone shipments ever, IDC said. Older iPhone models, such as the 5s and 5c, however, made up most of the shipment volume during the period.

In total, vendors shipped 327 million smartphones worldwide, up 25.2 percent from a year ago, according to IDC. Much of the smartphone demand is coming from emerging markets, where growth is over 30 percent. Developed markets, meanwhile, are posting single-digit growth, IDC added.

 

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