According to a new report by the Korean market research firm HIS iSuppli, Xiaomi has cruised past competition and clinched a spot in the Top 3 Smartphone manufacturers in the world. According to IHS iSuppli, Xiaomi is now sitting in 3rd place, right behind Apple. Samsung continues to lead the pack, for now. We are waiting for an official statement from Xiaomi to confirm this report.

Note that while Apple and Samsung sell their Smartphones in almost every country across the globe, Xiaomi's devices are available only in a handful of countries. Despite the odds, the Chinese manufacturer is giving every top OEM a tough time.