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Xiaomi crosses Apple in the global wearable band market

August 12, 2017 9:30 AM
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Xiaomi overtook Apple in the global wearable band market in Q2, according to an industry analyst.

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.

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.

Also read: Auto sales surge 21pc to 258,632 units in FY2018


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