![[image]Samsung is planning to pump $3.6 billion on a new OLED Plant](https://mobitrends.co.ke/wp-content/uploads/2015/02/imageSamsung-is-planning-to-pump-3.6-billion-on-a-new-OLED-Plant.jpg)
A recent report by IDC, a market research firm, ranks Samsung as the fifth largest Smartphone vendor in China.
Samsung now has a 7.9% market share in the market which is a massive drop from the 50% market share the company had during a similar period last month.
![[image] Samsung is now ranked Fifth in the Chinese Smartphone Market](https://mobitrends.co.ke/wp-content/uploads/2015/02/image-Samsung-is-now-ranked-Fifth-in-the-Chinese-Smartphone-Market.jpg)
Xiaomi is still the leading Smartphone vendor in the country, months after it dethroned Samsung from the #1 spot.
Apple is performing impressively well in the market and now has a 12.3% market share, signifying a 99.7% growth from the company’s 2014 figures.
Lenovo (9.5%) and Huawei (11.0%) are ranked third and fourth respectively.
Next: Why Samsung lost a Third of its Market Share in China in 2014
Kevin is a tech enthusiast and the lead writer at MobiTrends.co.ke. He has been writing about smartphones and tech related topics since October 2012. About Us | Contact Us
