The smartphone industry recently posted a decline regarding sales and market outputs. In China, the once dominant smartphone manufacturer Xiaomi reported that its shipment fell by as much as 38 percent during the second quarter of the year.

The data were supplied by international market research firm International Data Corporation (IDC). The report also shows that during the same quarter, Huawei Technologies held the largest piece of the market.

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During the second quarter of the year, Xiaomi shipped 10.5 million units of smartphones. In the same quarter of 2015, Xiaomi was able to record 17.1 million in shipments, according to Tech in Asia. IDC's report also shows that Xiaomi fell to the fourth position in terms of market share, closely trailing fellow Chinese manufacturers Huawei, Oppo, and Vivo.

Xiaomi has disputed the numbers released by IDC. The Chinese smartphone maker cited data released by other researchers. Xiaomi pointed that on a report by IHS, the company has shipped 14.2 million smartphone units, while Strategy Analytics reported that company to have shipped 12.8 million smartphone units.

According to Bloomberg, the Chinese smartphone market is currently the biggest in the world, a factor that has helped propel Chinese manufacturers to the top of the smartphone industry. Chinese smartphone manufacturers are known for their impressive design, quality, and most importantly budget-friendly price point. These factors continue to put pressure on global manufacturers such as Samsung and Apple.

In one of his reports, Canalys research analyst Jessie Ding wrote, "The iPhones lack features such as waterproofing and wireless charging. Apple needs to catch up with the competition if it wants to compete."

TagsXiaomi, xiaomi market, Smartphone, smartphone market, xiaomi smartphone market, Huawei, china, china smartphone, vivo, Oppo