China's Xiaomi becomes the world's second-largest smartphone brand

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Welcome to The Draft, a Techloy series that highlights the most interesting technology and venture capital news, data and insights from Africa and emerging markets globally.

Global

  • Chinese mobile phone maker Xiaomi has surpassed Apple to become the world's second-largest smartphone brand for the first time ever, with smartphone shipments exceeding 50 million units in the second quarter of 2021.
  • Global smartphone shipments grew 19% year-over-year in Q2 2021, with 329 million shipments, led by Samsung with 58 million units, Xiaomi with 53 million units, Apple with 49 million units, OPPO with 34 million units, and vivo with 33 million units. [Counterpoint]
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