China has moved way past its knockoff phase. Now Chinese companies are setting global trends in technology products or business models in areas such as supercomputers, technology-enabled transportation, digital payments and artificial intelligence. China's technology companies and its homegrown tech ideas are spreading everywhere. The world is cribbing from China now.
The global smartphone market grew 9.1 percent in the first quarter of this year, according to Gartner technology research. Apple and Samsung were the top smartphone makers but growth was driven by a trio of Chinese firms.
A total of 380 million smartphones were shipped worldwide between January and March, compared with 348.2 million during the same period in 2016.