Realme became the world's fastest selling 100 million smartphone brand

Realm, an emerging technology company in the world, has so far managed to sell 100 million smartphones worldwide.

Realme became the world's fastest-selling 100 million smartphone brand 

Despite the impact of the Kovid epidemic on the economy in 2020 and 2021, Realm has established itself as a fast-growing smartphone brand, while a market study by Strategy Analytics in three years it becomes the fastest-growing smartphone brand.

International statistics

RealMe is seen as the fastest-growing smartphone brand in the second quarter of 2021, with an annual market growth rate of 149 percent, according to the International Statistics Corporation (IDC).

Reliance, which has been aggressive in 5G expansion, will account for 22 percent of India's share in the second quarter of 2021, according to a report by Counterpoint. In addition, Realm has established itself as the fourth largest Indian smartphone market in the second quarter of 2021 with an annual market growth of 140 percent.

This report confirms Realm's global market expansion and Realm's business strategy. Founded just three years ago in 2018, Realm is now the world's seventh-largest smartphone brand and is available in 61 different markets worldwide, first in Bangladesh and the Philippines, fourth in India and Russia, and fifth in some European markets. With 100 million milestones, Realm is the most emerging brand in the world, as it has added a 'leader' or 'first' to the brand in every field.

RealMe has already made a name for itself by using the 125-watt ultra-dark charging technology for the first time and the Qualcomm Snapdragon 888 processor for the first time. This phone comes with a 64-megapixel camera. Moreover, Realm is a company that sells 5G phones for less than Rs 24,000.

Targeting young entrepreneurs around the world, RealMe is building a variety of established brands for young entrepreneurs.

"Over the past three years, Realm has grown tremendously to reach a new height with an industrial spirit," Lee said. "We are grateful to the consumers who have joined us. He pledged to provide premium range mobile phones at affordable prices to his customers across the globe.

Lee claims to have achieved the milestone of selling 100 million realm mobile phones in 2022 and shipping another 100 million smartphone sets worldwide by 2023.

Commenting on the achievements, 

Madhav Sheth, Vice President and CEO for India and Europe, said, "With the slogan from Challenge to Prosperity, Riamli has always aimed to be the number one brand, in which our consumers have played an important role." Today, Remley has become the first smartphone company to ship 100 million smartphones worldwide, and we are committed to providing the best service to our customers. '

To achieve these, the company has adopted a comprehensive product development strategy, which it plans to expand in two ways. Recently converting the flagship GT series into a flagship killer, Realm has shipped to northern Europe and China, targeting the middle to the upper class.

Similarly, the company has moved ahead with the strategy of providing a complete AIOT brand for technology users in the world within the next 5 years. The company has moved forward according to the 1 + 5 + strategy (where 1 is the mobile phone, 5 is the wireless stereo earphone, wearable, TV, tablet, laptop, and T is the tech life of AIOT). The company has stated that it will provide an improved lifestyle to its consumers at affordable prices.

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Vivo to set up its first production plant in Pakistan, investing $10 million

 

Chinese smartphone brand Vivo has announced that it will manufacture expensive products locally through its plant in Pakistan's Faisalabad industrial zone.

 

This plant of Vivo, a well-known brand in the region, is soon to be such an intelligent production base according to 'More Local More Global'.

 

To strengthen its presence in Pakistan, Vivo has invested $10 million to support the economy by producing locally in line with the country's Made in Pakistan rules.

 

Pakistan currently has a monthly demand of 3.3 million mobile phones, while the 4-acre Vivo plant will be able to produce 500,000 smartphones a month.

 

Apart from this, the company has already set up plants in Dongguan and Chongqing in India, Dhaka in Bangladesh, and Tangerang in Indonesia, making a total of tens of millions of smartphones.