Realme allocates $ 300 million in R&D for 5G technology and products

The company wants to popularize 5G.

Realme, one of the leading smartphone manufacturers in India, has announced its commitment to adopt 5G technology across its product portfolio. In an open letter, the CEO of the company, Sky Li, revealed that over the next two years, 70% of products offered by Realme will adopt 5G technology and Realme will also devote a significant amount of R&D (Research and Development) resources to help accelerate adoption.

With this commitment, Realme aims to become a “5G popularizer“, targeting its main markets in India, South-East Asia and Europe. The company will set up seven R&D teams dedicated to 5G around the world, and will devote 90% of its R&D resources to them. $ 300 million.

The company also revealed its intention to open more than 10 5G pop-up stores that will showcase the various benefits of 5G technology in the field of cloud gaming and ultra HD live broadcasts with AR (Augmented Reality).

In the letter regarding their engagement, Sky Li said:

Our need to communicate and connect with each other through technology during the pandemic has further accelerated the development of 5G technology. Young people, in particular, aspire to a smart, transparent and interconnected way of life thanks to 5G. As a company dedicated to providing the younger generation with trending technology products, Realme believes that helping accelerate the adoption of 5G is a critical goal for us and we are proud to be part of the burgeoning 5G scene. expansion. In the age of 5G, we will continue to challenge the status quo and explore new possibilities, while aiming for a brighter future that embraces 5G technology.

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