Xiaomi overtakes Apple as number one smartphone vendor in China

Two domestic smartphone makers in China have rocketed to the top of the country's sales charts, according to new industry analysis firm Canalys.

New quarterly estimates from March 2015 through June 2015 show that Xiaomi has the top spot at 15.9 percent of the Chinese market share, with Huawei nipping at its heels at 15.7 percent.

Apple, which had been number one for the past two quarters, has fallen to number three. Samsung and Vivo slide in at four and five, respectively. Cnet notes that Canalys didn't offer Apple's current market share when announcing the new quarterly figures. A different analyst, Counterpoint Research, forecast market share numbers of 15.8 percent for Xiaomi, 15.4 percent for Huawei, and 12.2 percent for Apple.

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