Xiaomi overtakes Apple to lead wearable band market

34

Xiaomi overtook Apple in the global wearable band market in Q2, according to an industry analyst.

Xiaomi topped the global wearable band market in Q2 with shipments of 3.5 million units, closely followed by U.S. firm Fitbit, which shipped 3.3 million units, a 34-percent year-on-year decline, Canalys estimated. [Photo/cn.technode.com]

The market grew 8 percent year on year in the second quarter, Canalys said in a research report.

Xiaomi topped the market with shipments of 3.5 million units, closely followed by U.S. firm Fitbit, which shipped 3.3 million units, a 34-percent year-on-year decline, Canalys estimated.

Apple fell to third place with 2.7 million shipments.

The smartwatch market will grow in H2, driven by cellular-enabled smarwatches, with 12 million units forecast to be shipped by the end of the year, according to the report.

Xiaomi also posted record-high quarterly smartphone sales in the second quarter and aims to ship 100 million smartphones in 2018.

Source