Categories: Technology

Realme rocked, sold 5 crore smartphones fastest

new Delhi
Realme has acquired the title of the fastest growing smartphone brand in the world. Counterpoint reported this in a report of smartphone shipments in the third quarter of 2020. According to the report, Reality has become the fastest growing company with sales of 50 million smartphones.

Reality achieved this feat from the third quarter of 2018 to the first quarter of 2020 i.e. nine quarters. In addition, the company also set a new record by shipping 14.8 million units in a quarter. The company achieved growth of 132 per cent in the third quarter of 2020 as compared to the third quarter of last year. “Realme has made it to the top-5 and top-3 in some of its Southeast Asian countries, including India, Indonesia, Bangladesh and the Philippines,” says research analyst Abhilash Kumar of Counterpoint.

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Madhav Seth, Vice President and Chief Executive Officer of Reality, said on this achievement of the company, ‘Reality has always worked on delivering the best tech-lifestyle experience to its customers and the country’s rapid growth with sales of 50 million smartphones Wala has become a brand. The company also has 30 million users in India.

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In 2020, Reality has launched more than 50 AIoT products so far. Apart from smartphones, the company is also focusing on products like earbuds, smart TVs, smart watch, realme bands.

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