Youth-centric brand realme is registering steady growth in developing and shipping 5G products globally.
According to global industry analysis firm Counterpoint's market monitor service data released in Q2 2021, realme's 5G share in emerging markets has gone up from 8.8% in Q1 to 15.9% in Q2 (smartphone shipments).
The brand is now prioritising 5G products as the world is gearing up to embrace this new technology.
To offer smartphones equipped with cutting-edge technology to young users, realme is streamlining its multiple product lines.
Realme's founder and CEO Sky Li said, "Our next goal is to achieve a dual-100 million target – shipping another 100 million handsets by the end of 2022 and completing the same milestone within the 2023 calendar year."
Right now, realme is developing a diverse portfolio of 5G products to offer 100 million 5G phones in the next three years to young users.
Besides affordable 5G phones, realme will also bring more AIoT products to young consumers as it has entered AIoT 2.0 development phase with its advanced "1+5+T" strategy, according to a media statement.