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It's time for Apple to start losing sleep over another Chinese company as Xiaomi steals second spot

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Xiaomi surpassed Apple to emerge as the second-largest smartphone seller in August.
Ever since Huawei was essentially knocked out of the market by US sanctions, Apple and Samsung have been trading the first and second spots back and forth but something unimaginable happened in August.
Another Chinese company is emerging as a threat for Apple
Xiaomi overtook Apple as the second-largest seller of smartphones in August, per Counterpoint Research. The last time Xiaomi was able to climb this high was back in August 2021.

August smartphone sales. | Image Credit – Counterpoint Research
Xiaomi was one of the high achievers during the first half of the year, achieving a 22 percent year-on-year growth in sales. And while its month-on-month sales were flat in August, it managed to outdo Apple due to the seasonal decline in iPhone sales.

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