Realme expects new 8 series to fetch 15% market share in Rs 10K-Rs 20K smartphone segment

New Delhi: Smartphone maker Realme on Wednesday said it expects to get 10-15 per cent share in the 4G handsets segment priced in the range of Rs 10,000-Rs 20,000 a unit with the launch of new 8 series devices. The company will have all devices above Rs 20,000 price range enabled with 5G technology.

“With the launch of Realme 8 series, we are aiming to penetrate deeper into the Rs 10,000 to Rs 20,000 mid-range 4G market, and capture the young users across the country.”

“We plan to increase our market share in this segment to 10-15 per cent with the launch of the 8 series,” Realme Vice-President and Chief Executive Officer (India and Europe) Madhav Seth said on sidelines of launching the new series.