Strong global smartphone sales continue to drive realme's success in 2020, allowing realme to leap into the future plans

USA - English

SHENZHEN, China, Jan. 20, 2021 /PRNewswire/ -- As 2020 closes, realme, an internationally-acclaimed trend technology company, has just released its annual open letter looking back on a breakthrough year. 2020, though challenging, was a year of many positives on many fronts for realme, from corporate to product to design and more. realme cemented its position as a mainstream global smartphone brand, ranking 7th overall in terms of shipments. realme CEO Sky Li penned an open letter to chart the immediate future for the company as it build on the momentum of a strong 2020.

2020 was a strong year for realme, as the company took centre stage and stood firmly as one of the top global mainstream smartphone brands, disrupting the industry. realme took only 9 quarters to achieve a significant milestone: reaching 50M shipments globally. Industry watchers and prominent media sat up and took note: Counterpoint research has listed realme as "the fastest-growing smartphone brand in the world' and esteemed media Financial Times heralded it as commanding a "leading position in Asia's emerging markets."

realme backed up these claims with a strong corporate performance, as it grew 250% from 35 to 61 different markets and regions operationally, including Latin America and Europe. It has also launched over 27 different AIoT products successfully as it seeks to build a robust AIoT framework at the strategic business level. With a clear vision and strong mandate from its consumers, realme bucked the trend of negative business outlook in 2020, as one of two smartphone companies to have achieved positive growth as early as Q1 2020.

This has enabled realme to look even further and higher in 2021, as the company seeks to augment its AIoT ecosystem and disrupt the current infrastructure with new products and initiatives. In this aspect, realme will launch its own AIoT platform TechLife that aims to foster new companies and ideas, to participate in co-creation and scale innovative AIoT products. This initiative will bring a more cohesive and integrated smart living lifestyle to f, allowing for greater communication and collaboration for users. Counterpoint analyst Liz Lee commented that "Building on strong hearables momentum, recent entry into smartwatches and strength in online, realme could repeat its smartphone success to become 2021's dark horse in wearables."

As a trendsetter amongst global youths today, realme has aligned its brand values with its user base to enable them to leap into the future with confidence. Already a Top 5 brand in 12 different countries, realme aims to develop its mature ecosystem to cater to Individual, Family and Travel groups respectively. The emerging company will build on its strong 5G foundation, expanding its role as a 5G popularizer in different markets and customer groups.

As a vanguard for youth culture of today, realme seeks to allow more youths to express themselves where cutting-edge technology meets trendy design. " The youths of today will decide our future, and realme seeks to empower them to dream big and leap into the unknown with confidence and positivity," says Li. Li's clear focus on the youth niche around the world has allowed realme to connect with its audience across many aspects of youth culture, such as music, sports, videography and gaming. In 2021, realme will continue to engage more youths in these areas to showcase the potential of our youths.

About realme

realme is a technology brand that brings trendsetting smartphones and AIoT products to the global market. realme users are young and globally-minded. They 'Dare to Leap', empowered by the latest in technology and design.

realme is recognized as one of the mainstream smartphone brands according to Counterpoint's statistics of global smartphone shipments in Q3 2020, which ranks it at 7th in the world. In 2019, realme's global smartphone shipments reached 25 million with a YoY growth rate of 808%, making realme the fastest-growing smartphone brand in the world for four consecutive quarters from Q3 2019 to Q2 2020. realme has entered 61 markets worldwide, including China, Southeast Asia, South Asia, Europe, Russia, Australia, Middle East, Africa with a global user base of over 50 million.

For more information, please contact

Wen, WU

Head of Corporate Public Relations

[email protected] (+86 158 1058 0696)

or go to www.realme.com

SOURCE realme