Its not good news for Samsung as it is feeling the pressure from other companies. Samsung is still making the lion share of profits but they are declining.

According to Canalys, Xiaomi shipped 15 million smartphones in the second quarter of 2014, up from 4.4 million sales during Q2 2013. Samsung, meanwhile, sold 13.2 million smartphones in the country, down from 15.5 million a year ago.

Xiaomi now controls 14 percent of the Chinese smartphone market share, while Samsung, Lenovo and Yulong, the manufacturer of the Coolpad handsets, enjoy a 12 percent market share.

In Indian, Micromax has topped Samsung in a similar story to Xiaomi.

Just shows how fast technology changes and peoples perception of a brand.

Source – BLoomberg