Low Pricing, Features Help Xiaomi Leapfrog Apple, Fitbit in Wearables, SA Reports
Xiaomi leapfrogged Fitbit and Apple in Q2 to become the world’s largest wearables vendor, with 17 percent share, Strategy Analytics reported. Combined shipments rose 8 percent from Q2 2016. Fitbit’s 3.4 million shipped wearables placed it second, with 15.7 percent…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
share worldwide, down from 29 percent. Apple’s 2.8 million iPhone shipments were up 56 percent for 13 percent share, but Apple lost its leadership spot, lacking larger-market fitness band products, said analyst Cliff Raskind. “The rumored upcoming Watch Series 3 launch with enhanced health tracking could prove to be a popular smartwatch model and enable Apple to reclaim the top wearables spot later this year.”