Xiaomi is going to occupy the market of Samsung!

The Dhaka Times Desk Xiaomi is going to occupy the market of Samsung! This new China based mobile company Xiaomi has become popular with customers in a very short time.

The Chinese mobile company Xiaomi is going to beat Samsung to the number one position in the smartphone market. South Korea-based Samsung Mobile has lost its throne for the first time in 6 years. Two research firms in India have given this information by analyzing the data of the last quarter of 2017.

Tarun Pathak, a researcher at Counterpoint Research, said that Xiaomi, one of the largest smartphone markets in the world, has been able to lead in various markets around the world, including India, due to the affordability of its phones and effective marketing strategies.

Referring to India, it is said that the capital of this Chinese mobile company, which entered the market only 3 years ago, is now close to 100 billion dollars.

In the fourth quarter of last year, Xiaomi's market share in India stood at 25 percent, while Samsung's 23 percent, Lenovo, Oppo and Vivo are trailing behind with 6 percent market share each.

On the other hand, a research firm called Canalys said that in the last quarter of last year, Xiaomi marketed 8.2 million smartphones while Samsung's phone number was only 7.3 million.

Canalys analyst Rushav Doshi said that the main reason for this market decline of Samsung is not being able to bring smartphones to the market with little money. That's why they are losing customers who are interested in buying low-cost phones.

Although Samsung has made a statement, according to German-based research firm GFK, they still hold the top spot in the Indian market. However, the published report mentions that no official opinion has been given by Xiaomi.