Chinese language smartphone maker Realme mentioned it had shipped greater than 200 million telephones because it was established a bit over 5 years in the past, most of them exterior China, with information exhibiting it was the fifth quickest smartphone maker to realize this milestone. One of many main smartphone manufacturers in India, Realme has beforehand dethroned stalwarts similar to Xiaomi by way of most progress. Nonetheless, the corporate’s proliferation into the Indian market was just lately impeded by the exodus of high administration. Realme India’s chief government officer, Madhav Sheth, who was additionally dealing with the corporate’s world portfolio, just lately give up to hitch Honor Tech. The brand new improvement, thus, brings aid for the model, which was additionally just lately rumoured to exit India’s tv market.
Realme, owned by Chinese language client {hardware} big BBK Electronics which additionally owns the Oppo and Vivo manufacturers, mentioned it had reached the 200-million mark within the second quarter. Knowledge from market analytics agency Counterpoint Analysis exhibits that solely 4 firms – Vivo, Huawei, Samsung and Apple – have taken much less time to ship the identical variety of items. In whole, simply 14 firms globally have shipped over 200 million telephones. Realme has risen from the third place within the second quarter of this yr to the second place in India’s smartphone market, in keeping with IDC’s Q3 2023 rankings.
In accordance with Counterpoint Analysis, there have been greater than 700 telephone manufacturers in 2017 and that quantity has plunged to about 250 in September.
“We got here into existence when there have been over 700 smartphone manufacturers on the planet,” mentioned Xu Qi, Realme’s chief advertising and marketing officer. “We’re extraordinarily proud that we now have been in a position to be on the planet’s high 10 manufacturers for the previous 5 years.” Xu mentioned Realme was able to tackle premium telephones with its upcoming launch, the Realme GT 5 Professional, which will likely be among the many first handsets to function Qualcomm’s newest high-end chip the Snapdragon 8 Gen 3 and Sony’s new Lytia digital camera sensor. The upcoming Realme GT 5 Professional will counter the just lately launched Xiaomi 14 Professional, which additionally runs on the brand new Snapdragon 8 Gen 3.
— Written with inputs from Reuters
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