Realme to set up seven 5G R&D centres including in India.

Smartphone-maker realme is gung-ho about 5G devices as it looks to be a major disruptor – both spec-wise and in terms of price – across the segment. Already, No 3 player in India, by sales, the device-maker is eyeing to bring 5G-enabled phones in the sub-₹10,000 range.

In the short-run, all devices priced above ₹15,000 will be 5G enabled.

According to Madhav Sheth, Vice-President, realme and Chief Executive Officer, realme India & Europe, the company is investing $300 million globally in the next two years towards research on 5G technology and there are plans to set up dedicated seven 5G R&D centres, including one in India. Nearly 90 per cent of realme’s resources have already been “converted to develop 5G technology and products”.

HBL