Chinese Smartphone Makers Charge Ahead

      August 13, 2013 12:07

      One in five smartphones sold worldwide in the second quarter of this year was Chinese-made, market researcher Strategy Analytics said on Monday. Chinese firms ZTE, Huawei, Lenovo and Coolpad had a combined market share of 19 percent, up five percentage points from a year earlier.

      In global rankings based on sales volume, the companies came in fourth to seventh place after Samsung, Apple and LG, with combined sales of 43.6 million smartphones. That is less than market leader Samsung's 76 million but slightly eclipses the 43.3 million combined sales of Apple (31.2 million) and LG (12.1 million).

      Chinese firms now rank in the middle of the global smartphone market, ahead of traditional major players Nokia and BlackBerry, who only managed to take up a market share of less than four percent.

      But some pundits point to Chinese firms' heavy dependence on the domestic market as a drawback.

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