Realme has sold over 15 million smartphones in 2019. The company CEO thinking to double that figure in the upcoming year.
According to Sheth’s statement to PTI, “We conclude our business for 2019 by selling 15 million smartphones. We plan to double the figure in 2020”. Realme currently enjoys a 14.3 percent market share. Xiaomi is the undisputed winner with 27.1 percent, followed by Samsung with 18.9 percent and Vivo with a 15.2 percent share of the market in the third quarter.
According to CEO Sheth, who co-founded Realme with BBK Electronics, Realme is the world’s seventh fastest-growing smartphone manufacturer.
Starting its business from India, Realme currently operates in 20 global markets including China, Southeast Asia, Europe, and Russia. Realme sold 5.2 million smartphones in Diwali alone. Its best-selling models include the Realme 5, Realme 3i and Realme C2. According to Counterpoint Research, Realme exported over 10 million smartphones in Q3 2019, an 808 percent YoY growth in shipping since 2018.