realme, the world’s fastest-growing smartphone brand, becomes fastest smartphone brand to reach 50 million product sales, officially announced its plans to enter into the Sri Lankan market.
realme’s international team and DNA has enabled the company to grow quickly. Just like its young clientele, realme has taken risks to expand quickly to over 61 markets globally and is amongst the Top 5 brands in over 13 markets globally in just two years, ranking seventh globally.
As a young and trendsetting technology company, realme has just been named by Counterpoint’s Q3 2020 smart phone shipment report to be the fastest growing brand to reach the 50 million smart phone sales milestones. In addition to this milestone, realme also recorded a history high level of quarterly shipments as 14.8 million and is the world’s fastest-growing brand in Q32020 as it grew 132% QoQ for the quarter, gaining momentum and surpassing analysts’ expectations.
According to Counterpoint, realme’s growth rate in shipments volumerepresents“the strongest growth momentum among major global OEMs”.
“realme grew to become one of the top 5, or even top 3, brands in its key markets, including India, Indonesia, Bangladesh, Philippines and some other Southeast Asian countries”, says Research Analyst Abhilash Kumar at Counterpoint.
“With its efforts to bring the affordable yet premium-like products to consumers, as well as its ability to offer smooth digital shopping and after-sales services in different countries, realme has emerged as the most resilient brand during and after the pandemic crisis”, Research Analyst Abhilash Kumar commented on realme’s performance. realme’s trendsetting image and product reputation has contributed to building customer trust and brand awareness.
“At realme, we live out our philosophy, which is to dare to leap into the forefront of innovation, design and product value, which is something young people can identify with,’ says Sky Li, realme’s CEO. For young consumers, realme has expanded quickly to offer a variety of AI of Things (AIoT) products such as smart audio, visual and lifestyle products to complement their increasingly digitally connected lives.
Spokesman of realme Sri Lanka was upbeat about the entry to Sri Lanka, “We believe in growing with the future leaders around the world as they face unique challenges and respond with creativity. The Sri Lankan youth has shown exceptional drive and passion to make their mark in the global map. realme smart phones are trendsetters with the best features and technologies catering to youth, that we excited to introduce to the Sri Lankan market”.
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