Domestic companies lead the smartphone race

Domestic brands continue to hold center-stage in China's booming smartphone market with diversified products and better distribution channels, according to top industry experts.

According to market research firm Sino Market Research Ltd, China-made phones were the mainstay of the domestic smartphone market and accounted for 74.8 percent of total sales during the second quarter of the year, a 1.6 percent growth over the figures in the first quarter.

Not surprisingly, eight out of the top 10 companies in terms of marketshare were from China. That marks a sharp contrast with the trend seen some years ago, when foreign companies accounted for all the top 10 slots in China, the market research firm said in a recent research note.