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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It has been only 2 years since realme entered the smartphone market. But within a short period of time, it has become the fastest-growing smartphone brand globally with a presence in 61 countries and regions. Li Bingzhong  (Sky Li), the brand’s founder and CEO shared the breakthroughs of his company along with their next target on Weibo.

The CEO of realme shared a letter on his Weibo profile in the form of an image. It goes into detail regarding the achievements gained by the brand in the last two years.

In his letter, the company executive mentions that realme continued to be the fastest-growing smartphone brand in four consecutive quarters. Above all, it ranked number 7 seven globally in the last quarter in terms of market share.

Sky Li says that people questioned if there’s a place for a new smartphone brand when realme was established. But his brand company exceeded expectations by proving that new brands do have a place in the market.

He added that in the next two years, the brand will focus more on AIoT and expanding its presence in more markets. The executive wishes his company to become a leading player in almost all regions such as South Asia, Southeast Asia, Middle East, Africa, Europe, Latin America, China, and Russia.

Last but not least, realme aims to sell 100 million units of smartphones annually in order to sit beside mainstream brands.

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