Samsung profits soar, expects weaker Q4
Smartphone sales rise sharply following flagship launches
News - Saf Malik
October 30, 2020
Realme records 14.8 million sales in Q3, growing 132 per cent QoQ
Realme has today been announced as the fastest smartphone brand to reach 50 million smartphone sales in the Counterpoint Research Q3 2020 smartphone shipment report.
The Chinese vendor recorded 14.8 million shipments in Q3 2020, growing by 132 per cent QoQ, retaining the title of the world’s fastest-growing smartphone.
Counterpoint Research said that Realme’s growth rate in shipments represents “the strongest growth momentum among major global OEMs”.
Counterpoint Research Analyst, Abhilash Kumar, said: “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.”
Realme founder and CEO, Sky Li, said: “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.
“Though young, Realme has won five top international design awards and collaborated with world-class notable designers on its products through the Realme Design Studio.
“Realme has also delivered on technological innovation, being one of the first companies to utilise the Snapdragon 865/765G processor and introduce the 64MP camera on a phone.
“More importantly, these innovations have enabled Realme to introduce 5G-enabled smartphones to young consumers, increasing its popularity and reputation in numerous markets internationally.”
Realme has expanded its portfolio to offer over 50 AIoT products such as smart audio, visual, and lifestyle products and plan to double this offering in 2021.
