Chinese Smartphone Maker Xiaomi Leaps to Second Place Globally as Biden Administration Removes It From Blacklist

Chinese Smartphone Maker Xiaomi Leaps to Second Place Globally as Biden Administration Removes It From Blacklist
Xiaomi's Mi4i smart phone and Mi Band fitness tracker. Security weaknesses on many popular fitness trackers may allow hackers to access or potentially manipulate user data, a study showed. MONEY SHARMA/AFP/Getty Images
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Chinese smartphone maker Xiaomi, which was taken off the blacklist by the Biden administration in May, became the world’s second-largest smartphone maker in the second quarter of 2021, overtaking Huawei domestically and Apple globally, by expanding its overseas business through the Belt and Road Initiative (BRI).

According to a July 15 report by market research firm Canalys Research, Samsung ranked first with 19 percent, Xiaomi second with 17 percent, and Apple third with 14 percent in global smartphone market share in the second quarter of this year. The other two Chinese brands, Vivo and OPPO, ranked fourth and fifth respectively.