Published: 2:15pm, 12 Mar, 2016 Updated: 2:48pm, 21 Mar, 2016
Smaller players are falling out of China's smartphone market at an alarming rate, pushed out by a slowdown in the smartphone market and the dominance of major players who benefit from heavier spending on brand awareness and bargaining power with suppliers for better production costs. The latest data shows that Xiaomi has fallen to third place behind Vivo and Oppo, according to research firm Canalys. According to data from research firm IDC, the top four sellers last year; Huawei, Xiaomi, Oppo and Vivo, made up over 45% of the domestic smartphone market.