Xiaomi Becomes Fifth Largest Smartphone Brand in Russia: Counterpoint

Xiaomi Becomes Fifth Largest Smartphone Brand in Russia: Counterpoint

Chinese smartphone player¬†Xiaomi¬†has become the fifth largest smartphone brand in Russia during Q3 2017, according to the latest research from Counterpoint’s Market Monitor service. “Xiaomi grew by 325 percent YoY and was the fastest growing smartphone brand in Russia in both online as well as offline sales,” the Associate Director at Counterpoint Research (Counterpoint Technology Market Research), Tarun Pathak, said in a statement. Smartphone shipments in Russia grew by 7 percent annually and 38 percent sequentially during Q3 2017. “The Russian handset market grew during this quarter driven by aggressive…

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