Underdog Company Outperforms Apple and Samsung in Q2

ICYMI: A lesser-known company and Huawei were the only smartphone manufacturers that did well in the second quarter of 2023.

due to the current recession and the poor sales of the Galaxy A series are the reason why sales declined. The company had a market share of 20 percent in the second quarter.

Xiaomi occupied the third spot with sales of 33.2 million units, a decline of 15.7 percent from last year. The company is facing tough competition from Chinese companies Oppo and Vivo and it also doesn't help that its Oppo Group, which also includes OnePlus, saw yearly shipments fall by 10.5 percent to 25 million units.

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