Xiaomi may surpass Huawei to become world’s 3rd largest smartphone maker in 2021

New Delhi: Smartphone maker Xiaomi might become the third largest smartphone company in the world by the end of 2021, a new report by research firm Strategy Analytics has said.

The vendor, who leads India’s smartphone market, will surpass Chinese competitor Huawei this year, the report said. The telecom giant is currently the third largest smartphone maker in the world, but recent US sanctions have made the future of its business uncertain.

Samsung Electronics Co. Galaxy Note 20 smartphones displayed at the company’s Digital Plaza store in Seoul, South Korea, on Tuesday, Jan. 26, 2021. Samsung is schedule to announce fourth-quarter earning figures on Jan. 28. Photographer: SeongJoon Cho/Bloomberg
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