Xiaomi’s downward spiral continues, loses spot as the top smartphone brand in India after five years

Xiaomi’s downward spiral continues, loses spot as the top smartphone brand in India after five years

The Chinese smartphone industry had been on a downward trajectory for most of 2022. The biggest example from the struggling industry has to be that of Xiaomi. Even in India, a market where the Chinese smartphone brand has done exceptionally well, things aren’t as rosy as they were a few years ago. The Chinese smartphone giant was dethroned in India for the first time in five years by Samsung Electronics from the top spot of the Indian smartphone market. This …