The Chinese smartphone brand realme was established in August 2018. Since its establishment, the company has broken many records. Now, just over two years after its establishment, realme has become the fastest brand in the world, with shipments reaching 50 million in the third quarter of 2020. The most interesting thing is that the company achieved this feat in the global pandemic.
According to data from the research company Counterpoint Research, Realme increased by 132% in the third quarter of 2020 compared to the previous quarter and increased by 45% year-on-year.
Not only that, the brand’s shipments in the same period also reached 50 million. Similarly, the global smartphone market grew by 32% in the third quarter of 2020 compared to the previous quarter, but fell 4% year-on-year. Similarly, top OEM manufacturers such as Huawei, Apple, OPPO, vivo and LG also experienced a year-on-year decline in the same quarter.
However, as mentioned above, although the global economy is slowing down due to the pandemic, the sector still exceeds expectations.
Not only that, Realme grew 300% month-on-month in the Indian smartphone market, 47% month-on-month in Southeast Asia, and 197% year-on-year.
Therefore, the company is also one of the top 5 largest smartphone brands in India, the Philippines, Malaysia, Indonesia, Thailand, Vietnam, Myanmar, Cambodia, Singapore, Russia, and Australia. In its home country, China, the real estate sector ranked sixth in the third quarter, an increase of 90% from the previous quarter.
In China, the brand was popular in the last quarter for its cheap 5G smartphones. In fact, the company helped reduce the price of 5G phones to $150.
In the next few quarters, realme is expected to double its 1 + 4 + N strategy by releasing various interconnected products.
The brand’s strategy has been well done in India, with a 45% growth in the TWS category from the previous quarter, and won a 12% market share in the third quarter of 2020.
The company even entered the top five with its two most affordable models, ranking third in this segment. It is expected to enter the top 5 in more European countries
The Chinese smartphone brand realme was established in August 2018. Since its establishment, the company has broken many records. Now, just over two years after its establishment, realme has become the fastest brand in the world, with shipments reaching 50 million in the third quarter of 2020. The most interesting thing is that the company achieved this feat in the global pandemic.
According to data from the research company Counterpoint Research, Realme increased by 132% in the third quarter of 2020 compared to the previous quarter and increased by 45% year-on-year.
Not only that, the brand’s shipments in the same period also reached 50 million. Similarly, the global smartphone market grew by 32% in the third quarter of 2020 compared to the previous quarter, but fell 4% year-on-year. Similarly, top OEM manufacturers such as Huawei, Apple, OPPO, vivo and LG also experienced a year-on-year decline in the same quarter.
However, as mentioned above, although the global economy is slowing down due to the pandemic, the sector still exceeds expectations.
Not only that, Realme grew 300% month-on-month in the Indian smartphone market, 47% month-on-month in Southeast Asia, and 197% year-on-year.
Therefore, the company is also one of the top 5 largest smartphone brands in India, the Philippines, Malaysia, Indonesia, Thailand, Vietnam, Myanmar, Cambodia, Singapore, Russia, and Australia. In its home country, China, the real estate sector ranked sixth in the third quarter, an increase of 90% from the previous quarter.
In China, the brand was popular in the last quarter for its cheap 5G smartphones. In fact, the company helped reduce the price of 5G phones to $150.
In the next few quarters, realme is expected to double its 1 + 4 + N strategy by releasing various interconnected products.
The brand’s strategy has been well done in India, with a 45% growth in the TWS category from the previous quarter, and won a 12% market share in the third quarter of 2020.
The company even entered the top five with its two most affordable models, ranking third in this segment. It is expected to enter the top 5 in more European countries
The Chinese smartphone brand realme was established in August 2018. Since its establishment, the company has broken many records. Now, just over two years after its establishment, realme has become the fastest brand in the world, with shipments reaching 50 million in the third quarter of 2020. The most interesting thing is that the company achieved this feat in the global pandemic.
According to data from the research company Counterpoint Research, Realme increased by 132% in the third quarter of 2020 compared to the previous quarter and increased by 45% year-on-year.
Not only that, the brand’s shipments in the same period also reached 50 million. Similarly, the global smartphone market grew by 32% in the third quarter of 2020 compared to the previous quarter, but fell 4% year-on-year. Similarly, top OEM manufacturers such as Huawei, Apple, OPPO, vivo and LG also experienced a year-on-year decline in the same quarter.
However, as mentioned above, although the global economy is slowing down due to the pandemic, the sector still exceeds expectations.
Not only that, Realme grew 300% month-on-month in the Indian smartphone market, 47% month-on-month in Southeast Asia, and 197% year-on-year.
Therefore, the company is also one of the top 5 largest smartphone brands in India, the Philippines, Malaysia, Indonesia, Thailand, Vietnam, Myanmar, Cambodia, Singapore, Russia, and Australia. In its home country, China, the real estate sector ranked sixth in the third quarter, an increase of 90% from the previous quarter.
In China, the brand was popular in the last quarter for its cheap 5G smartphones. In fact, the company helped reduce the price of 5G phones to $150.
In the next few quarters, realme is expected to double its 1 + 4 + N strategy by releasing various interconnected products.
The brand’s strategy has been well done in India, with a 45% growth in the TWS category from the previous quarter, and won a 12% market share in the third quarter of 2020.
The company even entered the top five with its two most affordable models, ranking third in this segment. It is expected to enter the top 5 in more European countries
