Xiaomi to release two new smartphones with Samsung camera sensors
Aug 08, 2019 (China Knowledge) - China's smartphone maker Xiaomi (XIACF) announces the release of two smartphone models equipped with Samsung's latest camera technology. On the other hand, Samsung (SSNLF), the world's largest smartphone seller is also facing strong competition in the Chinese market.
On a briefing held in Beijing yesterday, Xiaomi's co-founder and president Lin Bin said that the due-to-launch 108-megapixel Xiaomi brand smartphone and a 64-megapixel Redmi brand will feature Samsung camera sensors. Whereas, the company did not reveal more details about the release date and functions of the two phones.
The cooperation between Xiaomi and Samsung has been reached when both are confronted with intensified competition in the Chinese smartphone market. Huawei, the world's second-biggest maker of smartphones, is the major rival of the two companies in China. The private-owned firm not only saw the firm's domestic shipments rose to 37.3 million in the second quarter, a significant increase from the same period last year.
However, research firm Canalys's data shows Xiaomi's smartphone market share in China slid to 11.8% in the second quarter of 2019. Meanwhile, Samsung merely accounted for 0.7% share of the market and the shipment was about 700,000 units, according to research firm Strategy Analytics.
Previously, Samsung cut production and laid off workers at the firm's only remaining smartphone plant in China's Guangdong province. Moreover, the South Korean company has been shifting smartphone production from China to Vietnam and India where labor cost is lower. Such moves signal the tech giant's retreat from the Chinese smartphone market.
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