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Redmi-1

Popular Chinese smartphone manufacturer Xiaomi is hogging the limelight after several analyst reports have pointed to its rapid growth — among them Kantar and Strategy Analytics. Now another research firm, Canalys, has offered up even more evidence of Xiaomi’s popularity — in the second quarter of 2014, it found that Xiaomi recorded a 14 percent market share in China on the back of 240 percent year-on-year growth, overtaking Samsung in terms of volume of smartphones. This was the first time Samsung slid to second place in China since Q4 2011 and came after a 15 percent year-on-year decline. Shanghai-based Canalys…

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