Realme Company: Overview, History, Products & Latest Updates

Written by Rayden Sam Posted on 2024-01-22

Manufacturer Realme, often known as realme, is situated in Shenzhen, China. On May 4, 2018, Li Bingzhong (also known as Sky Li), a former vice president of Oppo, created it.

About Realme: Realme initially entered the market as a subsidiary of Oppo before becoming a separate brand. With an 831% growth rate, Realme then emerged as the 5G smartphone brand with the quickest rate of growth in Q3 2021. Founded on May 4, 2018, Realme.

Before its establishment as a spinoff on May 4, 2018, it was a sub-brand of OPPO (which is itself a subsidiary of BBK Electronics) It introduced its first phone, the Realme 1, in May 2018.

Sky Li stated on Sina Weibo on July 30, 2018, that he was leaving Oppo and starting Realme as a standalone company. A new logo was adopted by Realme on November 15th, 2018.

History Realme

Realme entered the Indian market as a developing brand on November 22, 2018. Since then, Realme has sold more smartphones in India than Oppo. Since 2019, Realme has been India’s fourth-largest smartphone brand, after Xiaomi, Samsung, and Vivo.

The first 5G smartphone in India and the fastest-charging smartphone both belong to Realme.

Realme conducted its maiden conference in Beijing on May 15, 2019, to join the local Chinese market and introduce the Realme X, Realme X Lite, and Realme X Master Edition.

Realme declared its arrival in the European market in June 2019.

Expansion Realme

Realme published the first image shot by its 64MP camera on June 26, 2019. Realme had reached markets in China, South Asia, Southeast Asia, and Europe by July 2019. ReaLme users topped 10 million by August 2019. A quadruple 64MP camera prototype from Realme was unveiled in China and India in August 2019.

One evaluation characterised the brand’s customer base in Europe and Asia as “pretty wide” in 2021. Francis Wong assumed leadership of Realme Europe on May 16, 2022. Realme launches the Narzo 50 5G and 50 Pro 5G on May 18, 2022.

A technology company called Realme focuses on offering young people digital items with an all-encompassing excellent experience.

The brand was formally launched on May 4th, 2018 in India by its founders Sky Li and Madhav Sheth, together with a young, dynamic team with extensive smartphone industry knowledge.

Growth Realme

They are dedicated to fostering a smart, connected, and trendy lifestyle for young people, and as part of their 1+5+T approach, they democratise cutting-edge technology to offer the greatest technology goods in every price range.

With a comprehensive smartphone portfolio spanning the entry-level to premium categories, including the GT Series, Number Series, Narzo Series, and C Series, realme has risen to become the world’s No. 6 smartphone brand in Q2 2021.

As a pioneer in 5G in India, Realme introduced the Realme X50 Pro 5G in February 2019 and has since risen to the top 5G smartphone brand in India, with a 23% market share in Q2 2021, according to Counterpoint Research.