Xiaomi Is the World's Top Influencer in Wearable Electronics
This is how a topfive of the most popular wearable tech brands of 2017 looks like: Xiaomi, Apple, Fitbit, Samsung and Garmin. Xiaomi has taken the first spot having sold 3.6 million wearable devices in the first quarter of this year. The company is also reported to hold 14.7% of the market in this category with Apple falling only 0.1% behind.
However, as compared to the first quarter of 2016, Xiaomi’s fitness bracelets and watches were 3.3% less profitable, while Apple talked about the revenue that was 64.1% better than a year ago. Nonetheless, with Mi Band 2, which is over one year old already, being still in the news and with the rumored Mi Band 3 coming our way, Xiaomi is unlikely to fail to keep the ranking.