Chinese smartphone maker Xiaomi Corp overtook Apple Inc in the second quarter to become the world’s No. 2 smartphone maker, market research firm Canalys said in a report on Thursday.

Xiaomi took the second spot for the first time with 17 percent share of worldwide smartphone shipments, up 3 percent from the previous quarter, according to the research firm.

Global smartphone shipments grew 12 percent in the second quarter, led by Samsung Electronics with a 19 percent share, and Apple at third place with a 14 percent share.

The average selling price of Xiaomi phones is about 40 percent to 75 percent cheaper compared with Samsung and Apple respectively, Canalys Research Manager Ben Stanton said, adding that a major priority for Xiaomi this year is to grow sales of its high-end devices.

The company’s shipments jumped more than 300 percent in Latin America, 150 percent in Africa and 50 percent in Western Europe, the report said.