Apple is Ahead of Xiaomi in Smartphone Market Share in Asia

Apple, the American company that makes the worldwide popular iPhone, has overtaken Xiaomi to become the second largest smartphone company in Asia last month. Asia is very important for smartphone companies as it has two big smartphone markets, India and China. There are a large number of companies selling smartphones in Asia.

StatCounter के data According to Samsung, Samsung ranked first in February with a market share of over 22 percent in Asia. It was followed by Apple (17.15 percent) and Xiaomi (16.19 percent). Samsung has a presence almost all over Asia and the company spends a lot on advertising in this region. The company tries to attract customers with discounts after the launch of its smartphones. The major reason for Apple’s market share increase in Asia is the increasing presence of the company. Offering student discounts in countries like Malaysia and Vietnam could help Apple further strengthen its market share.

Foxconn, which does contract manufacturing for Apple, plans to set up a new plant in India. Due to increasing tension between the US and China, Apple has prepared to shift a large part of the production of iPhone and other devices from China. Sources with knowledge of the plan told Bloomberg that Foxconn’s new plant would be built near the airport in Karnataka’s capital, Bengaluru. Parts of the iPhone will be made in this. This plant will be on a site of about 300 acres and an investment of about $ 700 million will be made in it.

in this plant Apple Assembling of smartphones can also be done. Apart from this, Foxconn can also use it to make some parts for its soon starting electric vehicle business. Apple and other American companies are pressuring their Chinese suppliers to find production alternatives in other countries. These countries include India and Vietnam. This can snatch China’s status of being the largest electronics producer in the world. This will be included in Foxconn’s major investments in India. About one lakh people can get employment from this plant.