Realme targets to sell 9 million phones in India in festive quarter

Despite facing some stock issues, Realme on Friday said it is expecting sales of 90 lakh smartphones and 30 lakh Artificial Intelligence of Things (AIoT) products in the festive quarter.

The company has already sold 63 lakh units of smartphones and over 20 lakh AIOT products, among which more than 190,000 are TVs which is already a big number for a new player.

“We believe we could have done better since the market response is actually super high, but we are facing some stock issues with a few products,” Madhav Sheth, Vice President, Realme and CEO, Realme India & Europe, told IANS.

“Thanks to the love from the consumers, it reached our expectations but for Realme it’s always about ‘dare to leap'”, he added.