Realme wants to sell over 60 lakh smartphone units during this Diwali in India.  Realme announced it is working on a 5G phone that will cost $100 (about Rs 7,000). It would be the most affordable Realme 5G smartphone in India.

The company has also shifted 90 percent of its R&D resources in 5G only. Company says that the upcoming Rs 7,000 Realme 5G smartphone may be impacted by the supply chain situation. However, he adds that “we are working closely with supply chain partners, especially chipset makers, to make sure to equip Realme devices with the latest 5G processors, in compact build quality but at the most affordable price.”

Company will launch products under the new 1+5+T strategy. So, what does it mean? Well, it stands for selling five smartphones for one product from the category that includes smartwatches, laptops, TVs, wireless headphones, and smart speakers, and one product from the TechLife category that includes devices such as sockets, light bulbs, etc.

 

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