Realme GT 5G to Launch Globally in June, Company Planning $100 5G Phone: CEO Madhav Sheth ..

Realme GT 5G flagship smartphone will debut globally in June, Realme India and Europe CEO Madhav Sheth revealed at the company's 5G summit on Thursday, June 3. The Chinese company is also planning to launch a 5G phone at a price of around $100 (roughly Rs. 7,300) in the future to grow its market presence. By 2022, Sheth said that Realme is set to expand its 5G phone portfolio to over 20 models — accounting for 70 percent of its overall portfolio. The company had 14 5G phones in 2020, which is 40 percent of all its products available in the market.

In March, the Realme GT 5G was launched in China with a Qualcomm Snapdragon 888 SoC and a starting price of CNY 2,799 (roughly Rs. 31,900). It seems to be the model that is coming to the global markets in June. Realme has already teased its launch in India.

To expand its market with more 5G phones, Realme is restructuring its product portfolio and making the Realme GT a flagship phone series, the company revealed at its virtual 5G summit.