Innovation drives growth: Xiaomi mobile phone market share exceeds 18%, becoming the leader

According to data exclusively obtained by Wall Street Insights, Xiaomi mobile phones performed well in the Chinese smartphone market during the W23 period from August 14 to August 20, 2023, with a market share of 18.4%, successfully surpassing Other competitors became the leader in China's smartphone market share during this period

Xiaomi launched a number of high-profile new models during this period, which may be related to this breakthrough achievement. Specifically, Xiaomi Group held Lei Jun's annual speech on August 14, 2023, and released a series of eye-catching new products, including the highly anticipated folding screen phone Xiaomi MIX Fold 3 and the cost-effective flagship model Redmi K60 Extreme Version. These two mobile phones will be officially sold at 10 a.m. on August 16, while the 24GB 1TB version of the Redmi K60 Extreme Edition will be released later

According to the editor’s understanding, Xiaomi MIX Fold 3 is equipped with Qualcomm’s latest second-generation Snapdragon 8 leading version mobile platform. The internal screen size is 8.03 inches, the resolution is 2K, the external screen size is 6.56 inches, the internal screen supplier is South Korea’s Samsung, and the maximum peak brightness Up to 2600nit. The phone is equipped with a 4800mAh battery and supports 67W wired charging and 50W wireless charging. In addition, this model also uses a Leica four-camera system, three of which support OIS optical anti-shake technology, providing users with a better shooting experience

On the other hand, the Redmi K60 Extreme Edition is equipped with MediaTek’s The powerful Dimensity 9200 flagship processor is equipped with an independent X7 independent graphics chip. It also provides LPDDR5X running memory and UFS 4.0 flash memory. The phone uses a 1.5K resolution CSOT C7 screen, which supports a refresh rate of up to 144Hz and high-frequency PWM dimming technology of up to 2880Hz. The Redmi K60 Extreme Edition has a built-in large battery with a capacity of 5000mAh and supports fast 120W charging technology

Xiaomi mobile phones have steadily increased their market share in the Chinese smartphone market. This is because Xiaomi continues to invest in innovative technology and performance, and has launched a variety of well-designed mobile phones to meet the needs of different users. As market competition intensifies, people are full of expectations for whether Xiaomi can continue to maintain its leading position and look forward to more developments

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