Reality is one of the top smartphone companies in India. The company made its debut in the year 2018, but within 2 years, by 2020, the company reached the top 5. In such a situation, now the company has planned to open 300 to 500 new smart stores in India this year. Targeting the offline market, the company will complete this plan.
The company’s CEO Madhav Seth said in an interview to Business Insider that, in the year 2021, we are going to change a lot. This year is going to be 5G. In such a situation, we will also launch many new 5G devices this year. Seth also confirmed that his company is going to open 500 new smart stores this year.
When Realme had entered India in the year 2018, the company had made its entry into the entry level smartphone segment. But with time, this company reached the top. Seth said that making smartphones in India is a little challenge. Because even today we import displays, chipsets, camera modules. In this case, it will definitely take some time to make everything by yourself.
The company has done wonders in 2020
In the year 2020, Reality shipped a total of 19 million smartphones. Seth said that in 2021, the company’s target is to ship 25 to 30 million smartphones. In such a situation, we want to increase our target by 30 percent. Let us know that the Indian smartphone market had recorded a record increase in Quarter 3 where Reality came at number three.
Realme is all set to launch its new 5G smartphone Realme X7 in India. In such a situation where there is talk about 5G service in India, on the other hand, Realme wants to create its own ecosystem.