New Delhi, July 7, 2021:realme, India’s first brand to launch a 5G enabled smartphone, today announced at its inaugural India 5G webinar, which was held in partnership with Counterpoint Research, that the Indian market will see the launch of the realme GT 5G series this quarter with multiple GT 5G products. realme revealed that new models in realme GT 5G series will be launched in Q3, respectively, among several other corporate initiatives to promote 5G adoption in India. realme also shared that it aims to bring the sub-10K segment 5G smartphones to the users next year, with the support of the chipset manufacturers and other industry partners.
realme, the number one 5G smartphone brand in May 2021, as per Counterpoint Research, with the theme “5G in India: Levelling Up Experiences and Accessibility” of the 5G webinar brought together leaders from industry association, research institution, and component vendor and device manufacturer to share their insights on several 5G topics: 5G forecasts for India and potential for India to be a key driver of global 5G shipments, future-proofing smartphones with cutting-edge chipsets, 5G commercial rollouts, accessibility of 5G and India as a 5G powerhouse, importance of 5G-enabled smartphones ushering the 5G experience, benefits that 5G smartphones will bring to the user, 5G enabling other infrastructures to unleash new capabilities & AIOT.
COAI through the webinar revealed that there are already 5 million 5G smartphones that are latched on the mobile operator’s network in India. MediaTek shared that they are working very closely with their partners to meet the customer’s expectations. The panelists also highlighted that there are many emerging opportunities and the growth potential of 5G, which include the Internet of Things (IoT), Industry 4.0, Cloud Computing, Open source, data protection and privacy, and the app economy. Counterpoint Research, through this webinar, shared that in May 2021, almost 14% of the smartphones sold in the month of May were the 5G devices and further shared that India, although being the second-largest market in the world, is still not saturated and has almost 50% in terms of potential penetration. Counterpoint Research further shared the estimate that close to billions of smartphones will be sold in India in the next 5 years.
At the webinar, realme reaffirmed its commitment to become a “popularizer of 5G” and shared its latest pledge to advance the adoption of 5G in Indian market and bring the technology to more users in India and worldwide. In 2021, realme has already launched six 5G devices in Indian market and In the 2nd half of 2021, all realme products above INR 15k will be 5G.
To support our ambition to become a 5G leader, realme has been undergoing a rapid internal 5G transformation. Currently, 90% of realme’s R&D resources have been converted to develop 5G technology and products.
MadhavSheth, Vice President, realme and Chief Executive Officer, realme India and Europe said, “5G is poised to be the Ultimate Democratizer bridging the digital divide. realme aims to be the 5G leader and believes that every Indian deserves a 5G phone from 2021 onwards. We are spearheading 5G’s democratization in India and globally, and through our 5G smartphones we will constantly bring more leap-forward surprises and the best in market experience to more Indian consumers. Through the India 5G Webinar, we want to highlight our commitment to helping popularize 5G by listening more to consumers’ needs, pushing forward product innovation, and helping to build the broader 5G ecosystem with our industry partners.”
VikramTiwathia, Deputy Director General, COAI, said,“Adoption of a national policy for RoW permissions which includes making available existing national infrastructure assets in municipalities such as street furniture- traffic lights, electricity poles, bus stands, etc, and open spaces for site densification required for 5G small cell deployments.”
Kuldeep Malik, Director Corporate Sales, MediaTek India said, “India is all set to witness the next wave of digital revolution around 5G. The pandemic-driven habits and the rising smartphone penetration will drive the 5G uptake in India, which is expected to be faster than all previous network upgrades. As a leading global chipset supplier powering nearly 2 billion devices a year, MediaTek is committed to delivering the best user experience around 5G. We have released a diverse 5G chipsets portfolio, not just for smartphones but also for smart devices including PCs, smart TVs, AIoT devices, connectivity/networking devices, and more. As we anticipate massive momentum around 5G devices in India, we strive to capture the market opportunity with our latest innovations like the Dimensity 5G series of chipsets and hope to emerge as the dominant player in India.”
Mr. TarunPathak, Research Director, Counterpoint Research said at the webinar, “There are a number of market and technology factors which will make the transition from 4G to 5G the fastest amongst all generations. There is the anticipation of massive performance boosts in download speeds and step-change feature set improvements across imaging, processors and battery life. But at the same time, we’re also seeing very accessible price points across mid and lower-tier devices. The combination of these factors makes a very strong case for record growth.”
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.
About realme
realme is a technology brand that specializes in providing high-quality smartphones and a trendsetting tech lifestyle. The brand was officially established on May 4th, 2018 by its founder Sky Li and MadhavSheth in India, together with a young team that has rich experience in the smartphone industry. realme is committed to offering smartphones with trendsetting designs and technologies while exploring more possibilities of the Artificial Internet of Things.
realme has launched various smartphones across all price ranges from entry-level up to flagship segments, including India’s first 5G smartphone realme X50 Pro 5G. The brand has recently unveiled India’s first smartphone with MediaTekDimensity 800U, realme 8 series with realme 8 Pro including the ultimate 108MP Infinity Quad Camera and realme 8 with a Super Amoled Display, and realme 8 5G, India’s first 5G smartphone with MediaTekDimensity 700 5G processor; realme X7 Max 5G India’s first smartphone with Dimensity 1200 5G Processor, realme X7 Pro 5G, realme X7 5G, narzo 30 series with realmenarzo 30 5G, realmenarzo 30 4G; narzo 30 Pro 5G the most powerful 5G gaming mid-ranger and realmenarzo 30A, powerful budget gaming ninja. realme’s product line includes best 4G flagship – realme X3 & X3 SuperZoom, entry-level value kings – realme C11, realme C12, and realme C15; its best 64MP quad-camera phone – realme 7i, realme 7 with the world’s first Helio G95 processor and most powerful 64MP camera, and India’s Fastest Charging 64MP Flagship- realme 7 Pro. Committed to offering a smart and trendsetting lifestyle for youth, realme had introduced its UNI Smart AIoT strategy earlier in 2020. As part of its tech-lifestyle product portfolio, the brand has recently introduced the realme Watch S Series, realme Smart TV,realme Band, realme Buds Air Neo, realme Buds Q, realme Buds Air Pro, realme Buds Air 2 with the most affordable ANC, realme Adventurer Backpack, realme 30W Dart Charge power bank, realme M1 sonic electric toothbrush, realme Adventurer Luggage, realme Tote Bag 2.0, realme Motion Activated Night Light, realme Gaming Accessories Kit, realme Beard Trimmer Series, realme Hair Dryer and the realme UI 2.0.
According to Counterpoint Hearables Report (Q2), realme emerged as the No.1 brand in the TWS market, driven by Buds Air Neo and Buds Q. TechARC has ranked realme as No. 1 Quality Smartphone Brand with the lowest repair rate as well as the highest in customer engagement.
