The company’s smartphones got pricier in Q2, but that wasn’t enough to stop a steep drop in global shipments and market share.File photo: Xiaomi 17 UltraFewer units, higher price tagXiaomi’s smartphone shipments plunged 26.3 percent year over year in the second quarter, even as the average price of its phones hit a record high.According to the company’s Q2 2026 earnings report, Xiaomi shipped 31.2 million smartphones globally in the quarter, down from 42.4 million a year earlier. Its global market share slid to 11.5 percent, from 14.7 percent in Q2 2025.The decline was steeper than rivals’. Samsung’s shipments rose 5.3 percent to 60.5 million units, while Apple’s jumped 23.1 percent to 55.1 million. OPPO and vivo also shrank, falling 17.4…Read More
Xiaomi phone shipments sink 26% as prices hit record high
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