Earlier on Tuesday, Realme went official with the highly-anticipated Realme X50 5G smartphone in China. During the launch conference, the Chinese tech start-up took out time to list out some of its milestones. One of them is that the company was able to ship over 25 million smartphones in 2019.
The figure represents a Year over Year increase of 500%+ which is amazing considering that the brand is still relatively new. Realme also took us through a rundown of its quarterly performance as compiled by Counterpoint Research. The data shows Realme ranked number 7 in terms of smartphone shipments for the third quarter of 2019. This is a giant leap from 47th position in Q3 2018. At the same time, Realme also set a small target for 2020: by 2020, the global growth rate should exceed 100%.
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Quite remarkably, the company sold most of its smartphones in India. Earlier o, Realme announced it had shipped over 5.5 million Realme 5 series units which were basically sold in India only. So, this feat is a clear indication of India’s strategic importance as the world’s third-largest smartphone market after the US and China.
Realme has set its sight on doubling its shipment this year. The company at the latter part of last year expanded its tentacles into Europe and also launched its products in China. The Realme X50 with top-of-the-pack specs was announced in China. The device is indeed a premium mid-range device and comes with a 5G-enabled Snapdragon 765G processor. The device also continues with Realme’s long-standing tradition of equipping its phones with quad cameras. With such amazing products, they may even surpass their own expectations.
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