The Daily Reformer is America's Leading Source of Alternative News. Read, Enjoy and Share! 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. Xiaomi is expanding rapidly in Latin America, Africa, and Western Europe, with shipments up 300 percent, 150 percent, and 50 percent respectively compared to the same period last year. According to Canalys research manager Ben Stanton, Xiaomi has adopted a 40 percent lower price than Samsung in order to attract … [Continue Reading Article]