Realme now has 35 million users globally, sold 10 million phones in four months

Realme shared that the company cemented its position as the world's fastest-growing smartphone brand by welcoming 10 million users globally in the first quarter of 2020. In total, the company now has 35 million users worldwide.

File photo: Realme C3 and realme 6i

Realme sold 10 million smartphones worldwide in just four months

According to Counterpoint Research, realme retained its position as the 7th largest smartphone brand in the world in Q1 2020. Despite the industry-wide YoY decline last quarter, the company managed to increase its shipments by 157 percent year-over-year (YoY).

Realme now has a total of 35 million users worldwide

Realme said that the reason behind this is the continuous support fo its global fanbase and its young target audience. The company gained those fans by bringing affordable yet high-quality devices for mobile gaming and photography.

The 10 million or 40 percent sales increase of the company in the first four months is also due to the company's business model on light assets, multiple channels, and strengthened e-commerce presence.

In the Philippines, the company has registered an annual growth rate of 709 percent. Now, it is the number 4 brand locally.

Apart from smartphones, realme has also expanded the company's Artificial Intelligence of Things (AIoT) lineup. Just this month, realme has sold 1 million units of the realme Buds Air and realme Buds Wireless worldwide.

5G will also be a key focus of the company this year. In fact, realme has already launched several 5G mobile devices such as the X50 5G, X50 Pro 5G, and realme X50m.

This year, realme plans to further improve its online and offline multi-channel sales model to reach more customers and sustain its growth.