The sky-high component prices have affected Xiaomi’s smartphone business. In the first three months of 2026, the company shipped 33.8 million units, a decline of 19.2% compared to Q1 2025. This was the biggest drop among the Top 5 makers globally, but Xiaomi had enough of a lead over Oppo (#4, -6.6% YoY) and vivo (#5, -6.7% YoY) to maintain third place. Meanwhile, Samsung and Apple shipments increased by 8.0% and 9.9%, respectively, year over year.Xiaomi smartphone shipments fell in Q1, but the company retains the #3 spot globallyOn a regional scale, Xiaomi is #2 in Latin America,...