realme enters 59 markets around the world, gaining 40 million global smartphone users worldwide

As of the beginning of July, the fastest growing smartphone brand realme has covered 59 markets around the world except North America, and the number of global smartphone users has surpassed 40 million. This is another presupposition of realme's rapid growth after maintaining its seventh global ranking in the first quarter of 2020.

In early January, realme entered 27 markets around the world. In only half a year, realme’s global footprint has rapidly expanded to 59 markets outside of North America, and ranks among the top five in its multiple market segments. This is in line with realme’s adherence to localized market strategies, strong product capabilities, and the business model of "light assets, short channels, and partial e-commerce". In India, realme has maintained the top five ranking in the market for a long time, and the online market has also maintained the second consecutive ranking. realme entered the top four in the Egyptian market in less than one year after it entered the market. In Southeast Asia, realme entered the top five rankings as the fastest-growing smartphone brand. In the Philippines, Vietnam, Indonesia, and Myanmar, realme entered the top 5 respectively in just one year; in the Cambodian market, realme only took one quarter to achieve it; In the first quarter of 2020, realme ranked the top 5 in the Thai market. These markets span more than 80% of the smartphone segment in Southeast Asia, and realme has become a leading player in the smartphone market in Southeast Asia.

At the beginning of May this year, the number of realme's global mobile phone users exceeded 35 million, an increase of 5 million in two months to 40 million. realme sustained its growth in the first half of this year and plans to achieve 100 million mobile phone sales within 2 to 3 years. realme has announced the "mobile phone + AIoT dual-drive" strategy at the beginning of 2020, and is committed to creating a smart and trendsetting lifestyle for young people with all things connected. In six months, realme has released dozens of AIoT products, and plans to release more than 50 AIoT products in 2020 and more than 100 in 2021. realme will maintain the trend of growing and continue to provide young people with trendy technology products that fit their preferences with superior performance and trendsetting design.

Comments

CBD Punjab Celebrated Pakistan Resolution Day with Patriotic Fervor

The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), proudly commemorated Pakistan Resolution Day with unwavering dedication to the nation's progress. Held at the CBD Punjab headquarters, the ceremony was attended by COO CBD Punjab, Brigadier (R) Mansoor Janjua, directorate heads, senior officials, staff members, and ancillary staff, all united in the spirit of patriotism and national pride. The event began with a flag hoisting ceremony, symbolizing the steadfast commitment to uphold the principles of unity, faith, and discipline, and to strive for the betterment of the country while keeping the national flag flying high. The national flag soaring high served as a powerful symbol of prosperity and sovereignty. Addressing the gathering, COO CBD Punjab, Brigadier (R) Mansoor Janjua, emphasized the importance of commemorating the historic Pakistan Resolut

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement awith Huawei. It clearly demonstrates that the two compan

Economic confidence among finance professionals edges higher globally despite big fall in North America

The latest ACCA (the Association of Chartered Certified Accountants) and IMA ® (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average. For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices. There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy, including in the manufacturing sector and the upward moving technology cycle. However, North America’s financial profe

Tech UP

Search This Blog