realme, the world’s fastest-growing smartphone brand, today announced at its inaugural 5G summit that it would enable 100 million young consumers to use 5G smartphones within the next three years.
At the summit, which was held in partnership with GSMA, Counterpoint Research and Qualcomm, realme also revealed that new models in GT series, realme 5G performance and camera flagships, will be launched in June and July 2021, respectively, among several other corporate initiatives to promote 5G adoption globally.
At the summit, realme reaffirmed its commitment to become a “popularizer of 5G” and shared its latest pledge to advance the adoption of 5G in global markets and bring the technology to more users worldwide. In 2020, realme launched 14 5G devices in 21 markets, accounting for around 40% of all its products. By 2022, the company aims to increase the number of its 5G offerings to over 20, upping the ratio to 70% across 50 markets. realme also plans to take the industry lead in launching a 5G mobile phone at a US$100 price point in the next few years, a move that is set to further accelerate 5G adoption, especially across the rapidly emerging economies.
To support the global adoption of 5G products, realme will establish seven R&D centers around the world in 2021, dedicated to exploring innovative 5G technologies and products. At present, 90% of realme’s R&D resources have been converted to 5G technology and products. In the next two years, realme will invest US$300 million globally in 5G technology research and product development, as well as in promoting global 5G popularization.
Sauce: Looking good at realme and seeing how they’re being progressive towards 5G shows their commitment to stay strong. For me? Hey more competitors, better price for us. Why not?