Chinese manufacturing giant, Xiaomi, is one of the leading smartphone makers in the world. However, while Huawei, Samsung, and Apple are miles ahead of Xiaomi, the company has a stiff battle with the likes of Oppo and Vivo. Today, Xiaomi Group announced that in the first quarter of 2019, the company shipped more than 27.5 million smartphones. Its Q1 2019 smartphone shipment is a bit higher than what was estimated by market research firms.
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Xiaomi said in the announcement that some of the research institutes’ data on its shipments of smartphones in the first quarter of 2019 were incorrect, unfair, and far from the real situation. This misleads investors. Xiaomi said that according to its management accounts, it shipped more than 27.5 million smartphones in the first quarter of 2019.
Recently, the market research institutes Canalys and IDC have released the Q1 2019 smartphone shipment report. According to Canalys, Xiaomi shipped only 10.5 million units in the Chinese smartphone market, down 13% year-on-year. IDC also reported that the company shipped 25 million units globally which is about 2.75 million units shy of the value released by the company. With regards to the global smartphone shipment for Q1 2019, Samsung still leads the pack with 78 million units followed by Huawei with 59 million units.
Your story is wrong about the Canalys numbers. Canalys reported 27.8 m – in line with Xiaomi’s statement. Perhaps you have the wrong firm?
Yes, Canalys report was in line. We were referring to IDC (25 million) report as shown in the screenshot.