According to data from Q2 Apple Inc (AAPL) has lost its first place in the Chinese market lost due to Xiaomi Tech and Huawei Technologies Co. Ltd.
Total market for smartphones in China has glide by -2% compared to the same period of 2014 and -4% to Q1 2015, and competition, according to The Financial Times, abruptly fierce.
According to data published by Counterpoint Research, for the second quarter the largest share of the Chinese market zaema Xiaomi Tech to 15.9%. The company is known with its founder Lei Jun, Xiaomi CEO (also called Chinese Steve Jobs), with his vice president Hugo Barra (came from Google), and with it's 2012 strategy with a zero return (ie smartphones were sold in cost level).
Second place is for Huawei Technologies Co. Ltd. with 15.7%. The company in the last decade has repeatedly accused of economic and technological espionage, illegal copying technology and is restricted to multiple markets through administrative and judicial channels, including in the USA, UK, Australia, India ... It is believed that Huawei is very closely bound with the Chinese government in military and intelligence sphere. The growth recorded by Huawei, market share for Q2 is 48%, something unthinkable for any of the Chinese market. Only third in the ranking are Apple Inc, and occupies fourth South Korean Samsung.
According to Financial Times analysis of this trend is the bone for several days 2.4% of the capitalization of AAPL on NASDAQ. The Chinese market is currently very dynamic and must be monitored constantly by investors betting the segment of smartphones and mobile devices.
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