Today, Realme Founder and CEO Li Bingzhong, shared an open letter on Weibo, which sheds light on the company’s development in the past year and also reveals some of the strategic plans for the band to keep growing this year.
He says that after two consecutive quarters of growth, Realme has become the fastest mobile phone brand in the world with over 50 million sales. He also says that the reports will rank the company seventh in terms of shipments for the year 2020.
The company, which started off a few years ago in India, has now entered around 61 markets worldwide. If the report from Counterpoint is to be believed, then Realme is among the Top 5 brands in 12 markets globally. It is ranked first in the Phillippines and fourth in major markets like India.
Going forward, Realme will focus more on AIoT products, which stands for Artificial Intelligence (AI) and the Internet of Things (IoT). It says that within one year, it has driven Smartphones + AIoT around the world with Smart Gaming feature on its phones and launched several new products.
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Another area of focus for the Chinese company is the 5G technology and it aims to bring that to more and more markets around the world. It wants to be the first to launch 5G smartphones in some markets, allowing users to experience 5G on its phones.
It is also planning to expand its footprints this year. Realme will launch its first Flagship Store this year and has planned to open thousands of stores globally. This will enable the company to reach more customers.
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