Apple falls to third in China smartphone rankings, while Xiaomi vaults ahead

Xiaomi regained its position as China's leading smartphone vendor in the second quarter, while Apple fell to third place despite increased sales of its iPhones.

Xiaomi took 15.9% of the Chinese market in the April-to-June quarter, according to research firm Canalys, followed by Huawei, which had 15.7% and was the fastest growing vendor.

It's an impressive feat for both Xiaomi and Huawei. China is the world's biggest smartphone market and competition is more fierce than ever, with

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