Realme plans 5G phone for less than Rs 10k next year

Smart devices maker Realme on Thursday said it expects to bring a 5G smartphone for less than Rs 10,000 next year, and plans bring down the handset price to around Rs 7,000 apiece thereafter.

Realme Vice-President and CEO (India and Europe) Madhav Sheth at a 5G summit announced that the company will invest over Rs 2,100 crore (USD 300 million) on research and development globally on 5G and set up seven R&D centres at different locations, including in India.