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Chinese startup Realme launches $649 smartphone it says can be fully charged in just over 9 minutes - TL;DR CNBC

Chinese startup Realme launches $649 smartphone it says can be fully charged in just over 9 minutes

Publishing timestamp: 2023-02-28 11:15:59


Summary

Chinese smartphone maker Realme launched the GT3 smartphone at Mobile World Congress in Barcelona, which can be fully charged in 9 minutes and 30 seconds. The phone starts at $649 and Realme is looking to expand its business outside of China. However, the global smartphone market has been suffering since 2013 and Realme's shipments in Europe have dropped 44% year-on-year in the fourth quarter of 2022. Challenges for Realme include lack of retail presence and brand perception.


Sentiment: NEUTRAL

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Keywords: barcelonasmartphonesapple incbusiness newsmobile phonesxiaomi corpchinapop up start uptechnologystart-upasia economy

Source: https://www.cnbc.com/2023/02/28/realme-gt3-chinese-firm-claims-smartphone-can-charge-in-9-minutes.html


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