Realme is a Chinese smartphone manufacturer that was founded in May 2018. It is a subsidiary of BBK Electronics, which also owns other smartphone brands, including OnePlus, Vivo, and Oppo.
Realme was originally launched as a sub-brand of Oppo, but later in 2018, it was spun off as a separate company to focus on the budget and mid-range smartphone market. Its first phone, the Realme, was launched in India in May 2018, and it rapidly gained popularity in the country due to its reasonable pricing and good specifications. Later, Realme has extended to other markets such as Europe, Southeast Asia, and South Asia.
Realme is owned by BBK Electronics, a Chinese electronics conglomerate that also owns other smartphone brands, including OnePlus, Oppo, and Vivo. BBK Electronics is privately held and does not disclose its ownership structure or financial information.
Realme is headquartered in Shenzhen, China, and shares a headquarters with other BBK Electronics brands such as Oppo and OnePlus. The company also has regional offices in India, Europe, Southeast Asia, and South Asia.
Realme Net Worth
As of 2021, Realme’s net worth is projected to be around USD 15 billion, although this figure is not publicly disclosed as the company is privately held. However, Realme has reported strong sales growth in recent years, chiefly in India, where it has become one of the top smartphone brands by market share.