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Business trends

China's Xiaomi surpasses Apple as world's No. 3 smartphone maker

Asia leads rankings as US giant falls out of top trio for first time in 10 years

A journalist stands next to a poster of Xiaomi Mi MIX Alpha surround-display 5G concept smartphone at a product launch event in Beijing.   © Reuters

TAIPEI -- China's Xiaomi has surpassed Apple for the first time to become the world's third-largest smartphone maker by shipments in the July-September quarter, edging the American tech giant out of global top three for the first time in 10 years, three key market data providers said.

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