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Samsung Loses Top Spot in China, India as Locals Ascend

Samsung Electronics Co., the global leader in mobile-phone sales, is being outflanked in the two biggest markets by newcomers catering to domestic tastes.

Xiaomi Corp. became the largest smartphone vendor in China during the second quarter, while Micromax Informatics Ltd. topped Indian mobile-phone shipments, according to data from research firms this week. In both cases, Samsung fell to No. 2.