logo
Realme India banks on refreshed smartphone portfolio, premium push to gain share: Francis Wong

Realme India banks on refreshed smartphone portfolio, premium push to gain share: Francis Wong

Time of India11-08-2025
NEW DELHI:
Realme
said it has adopted a leaner smartphone portfolio in India, and expects its mid-premium and premium models to drive growth in the latter half of 2025 and in 2026, following several quarters of volume declines.
'In 2025, we initiated a strategic portfolio reboot to simplify and strengthen our product lineup, focusing on three core series – the GT Series, the Number Series, and the P Series,'
Francis Wong
, chief marketing officer (CMO),
Realme India
, told
ETTelecom
.
'We have already begun implementing this focused strategy and the results are becoming visible. Consumers can expect a tighter, more purposeful lineup in the coming quarters,' he added.
The top executive cited that the brand has removed the 'Plus' variants from its recently launched Realme 15 series, and will instead power its 'Pro' models with top-of-the-line features.
'The GT Series is positioned for premium innovation. The Number Series remains our offline backbone, and the P Series continues to lead our online-first momentum,' Wong said, noting that the 'portfolio reset' aims to simplify choices for consumers, reduce redundancy, and deliver more consistency in both product experience and positioning.
Realme India market share
Realme ranked fourth in India's smartphone market (by volume) in the April-June 2025 quarter with a 10% share, which was, however down from the 13% share it held in the corresponding quarter last year. Canalys, in a separate report, said Realme's shipments fell by 17% year-on-year to 3.6 million units in Q2 2025.
Canalys noted that a softness in Realme's online channel was partially offset by offline gains from the C73, C75 and 14X, cumulatively contributing 35% of its shipments. Counterpoint, too, said that Realme has also been strengthening its offline presence to boost visibility and scale higher average selling price (ASP) models.
In the quarter, Realme expanded into the ultra-premium segment by launching its GT 7 Dream Edition in India at ₹49,999 (16GB RAM+512GB memory). The co-branded smartphone, aimed at younger buyers, features a premium Aston Martin Racing Green finish, Aerodynamic Flow lines design, and an engraved Silver Wings Emblem.
According to the top executive, Realme is scaling up its GT-series equipped with artificial intelligence (AI) features to deepen its premium segment push, while mainline channel-focused Number-series continues to be a volume driver, and ecommerce-driven P-series is aimed at young professionals and students.
'By democratising the premium experience and streamlining our offerings, we believe our revised product strategy sets a strong foundation for 2025 and 2026,' Wong said.
He revealed that the Realme P3 Ultra 5G topped the pre-order charts, shipping over 3 million units globally, and the Realme 15 series saw a 30% increase in sales over the previous generation, with the majority of the growth driven by stronger offline traction.
'These results show that our offline retail investments and design-first product thinking are paying off. We expect the 15 Series to drive continued growth through the festive season and further strengthen our position in the mid-premium segment,' he said, adding that Realme is expanding its premium offline footprint to support GT growth through large-format retail (LFR) and curated experiences.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

IT cut forecasts for 2025: Global tech spending might miss $6-trillion mark; US Tariffs weigh on global budgets
IT cut forecasts for 2025: Global tech spending might miss $6-trillion mark; US Tariffs weigh on global budgets

Time of India

time12 hours ago

  • Time of India

IT cut forecasts for 2025: Global tech spending might miss $6-trillion mark; US Tariffs weigh on global budgets

AI-generated image Global technology expenditure in 2025 is unlikely to reach the $6-trillion mark due to tariff-driven financial policies from Washington, causing businesses to hesitate in committing substantial funds to long-term projects. Leading industry analysts - Canalys, Forrester, Gartner and IDC - have consistently reduced their IT growth projections for 2025 since tariff discussions emerged in Spring. These forecasts have continued to decline as extended negotiations suggest potential additional business restrictions. Current projections indicate maximum budget growth of 7%, reaching $4.9-$5.7 trillion. This trend affects India's outsourcing sector, which has been a significant national achievement over the past thirty years, as reported by Economic Times. "Forrester's estimates reflect a modest upward revision versus 2024, but ongoing trade disputes and tariffs add significant uncertainty, especially after the US-EU deal and developments in Asian markets," said Biswajeet Mahapatra, Principal Analyst, Forrester. Research organisations have revised their forecasts downward several times this year. Gartner reduced its January growth forecast from 9.8% to 7.9%, estimating 2025 spending at $5.43 trillion. Forrester anticipates 5.6% growth in global technology spending for 2025, reaching $4.9 trillion, up from $4.7 trillion in 2024. Canalys now predicts IT spending will reach $5.35 trillion, representing 7% annual growth, reduced from its earlier 8.3% forecast in November 2024. IT outsourcing Experts, quoted by ET, indicated that Indian IT outsourcing could face stronger effects if the proposed 50% tariff is implemented after the current pause. Currently, services remain outside the scope of tariff discussions, which focus on goods shipments. Forrester's Mahapatra noted that despite tariff uncertainties, AI and cloud demand will sustain software and IT services. Asia Pacific technology spending is expected to increase by 6.5% in 2025 to $722 billion, with India showing 11% growth, exceeding regional averages. "However, these figures may soften by 1 or 2 percentage points depending on specific country exposure and IT spending categories due to tariff-related disruptions," Mahapatra cautioned. Vinayaka Venkatesh, senior market analyst, IT Spending at IDC Asia/Pacific, stated that the 50% tariff on India introduces additional trade and policy uncertainty. "Given India's role in global outsourcing and technology supply chains, such measures-if implemented-could have meaningful downstream impacts," Venkatesh said. While technology spending continues to grow in 2025, the slowdown from previous year demonstrates how tariffs and policy uncertainty affect enterprise confidence. AI and cloud remain strong areas, offsetting reduced hardware and traditional IT budgets. India maintains above-average performance in enterprise spending and IT services, despite trade risks. Also read: Unemployment eases to 5.2% in July; rural areas drive improvement India's IT spending shows 8.7% growth, supported by a 90-day extension on certain tariff measures, according to IDC. Venkatesh noted that North America and Europe, most affected by tariff and policy changes, are experiencing reduced demand in consumer hardware and mobility sectors. Meanwhile, Europe faces additional challenges from US tariffs potentially affecting trans-Atlantic business, although energy collaborations might reduce impact, Forrester reported. The subdued global environment affects Indian IT service providers. TCS has reduced its global workforce by approximately 2%. Analysts anticipate further workforce adjustments across the sector. "Many large Indian IT services companies face weak Q1 deal pipelines and margin compression. While mass layoffs are unlikely, there have already been quiet job trims, deferred pay hikes, and more selective hiring, especially in mid-to-senior management roles," said Mahapatra of Forrester. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .

Realme P4 5G mobile price in India officially revealed ahead of August 20 launch
Realme P4 5G mobile price in India officially revealed ahead of August 20 launch

Hindustan Times

time12 hours ago

  • Hindustan Times

Realme P4 5G mobile price in India officially revealed ahead of August 20 launch

Realme has revealed the official pricing of its upcoming P4 5G smartphone in India, just days before the device's scheduled debut. Both the Realme P4 5G and the P4 Pro 5G are set to launch in the country on August 20. The company's Chief Marketing Officer, Francis Wong, confirmed the cost of the standard model through a post on X, giving buyers an early look at what to expect. Realme P4 5G and P4 Pro 5G are set to launch in India on August 20, 2025. (Realme ) Realme P4 5G Mobile: Price (Announced) According to Wong, the Realme P4 5G will be priced at Rs. 17,499 in India for its base variant. The amount includes available bank discounts and other offers, which means the actual retail price may be slightly higher. The earlier model, Realme P3 5G, was launched at Rs. 16,999 but sold for Rs. 14,999 with bank offers, which shows a similar pricing pattern. Also read: iPhone 17 Pro vs Google Pixel 10 Pro: What to expect from the upcoming flagships Wong also compared the upcoming device with other handsets like the Moto G96 5G, iQOO Z10R 5G, and Vivo T4R. He claimed that the Realme P4 5G will stand out as the only smartphone under Rs. 20,000 to feature a dedicated graphics chip. Also read: iPhone 17 Pro launch: 3 major camera upgrades you can expect over iPhone 16 Pro Realme P4 5G: Key Specifications (Confirmed) The Realme P4 5G will be powered by a MediaTek Dimensity 7400 Ultra 5G processor, paired with a Pixelworks graphics chip for enhanced visuals. It will feature a 6.7-inch AMOLED display with a 144Hz refresh rate and a peak brightness of up to 4,500 nits. For photography, the device will sport a 50MP primary sensor alongside an 8MP ultrawide lens. On the front, users will get a 16MP camera for selfies and video calling. Under the hood, the Realme P4 5G will house a large 7,000mAh battery with 80W fast charging support. To maintain performance during long usage, Realme will also include a 7,000mm² vapour chamber cooling system. The upcoming device is said to have a slim profile, measuring just 7.58 mm in thickness. Also read: Godfather of AI reveals a surprising secret for humanity's survival: Are we ready to handle superintelligent machines? Realme P4 Pro 5G Alongside the P4 5G, the Realme P4 Pro 5G will also make its debut on August 20. This version will ship with a Snapdragon 7 Gen 4 chipset and a HyperVision AI GPU. Like the standard model, it will include a 7,000mAh battery with 80W fast charging support, along with 10W reverse charging capability. Both smartphones will be available for purchase online via Flipkart following their launch.

Tariffs and geopolitics may drive down global tech spending growth
Tariffs and geopolitics may drive down global tech spending growth

Economic Times

time17 hours ago

  • Economic Times

Tariffs and geopolitics may drive down global tech spending growth

TIL Creatives Global technology spending this year would likely fail to hurdle the $6-trillion barrier as tariffs dictate Washington's rather unorthodox financial statecraft, making it difficult for even the boldest of businesses to commit mega funds to longer-gestation of IT business growth in 2025 have been successively slashed by all leading forecasters — Canalys, Forrester, Gartner and IDC — since tariffs first raised their ugly head in bilateral discussions in the Spring. Estimates have since then generally headed south, as protracted negotiations raised the spectre of further barriers to business. Even the boldest prediction now hints at a maximum budget growth of 7% — to $4.9-$5.7 trillion. That has implications for India's outsourcing industry — the country's biggest success story globally in the past three decades. "Forrester's estimates reflect a modest upward revision versus 2024, but ongoing trade disputes and tariffs add significant uncertainty, especially after the US-EU deal and developments in Asian markets," said Biswajeet Mahapatra, Principal Analyst, firms have already cut their forecasts multiple times this year. Gartner, for instance, has lowered its January projection of 9.8% growth to 7.9%, pegging 2025 spending at $5.43 trillion. Forrester projects that global technology spend will grow by 5.6% in 2025 to reach $4.9 trillion, a modest improvement from $4.7 trillion in 2024, which grew 4.6%.Canalys now expects IT spending to touch $5.35 trillion, up 7% year-on-year, but down from its earlier 8.3% forecast in November 2024. Indian IT Analysts warned that the impact on Indian IT outsourcing could be sharper if the proposed 50% tariff comes into effect once the current pause ends. To be sure, as of now, services are out of the ambit of discussions on tariffs that are centred around merchandise Mahapatra explained that while tariffs add uncertainty, demand for AI and cloud will keep software and IT services resilient. Asia Pacific tech spend is projected to grow 6.5% in 2025 to $722 billion, with India rising 11% and outperforming the regional average. "However, these figures may soften by 1 or 2 percentage points depending on specific country exposure and IT spending categories due to tariff-related disruptions," Mahapatra Venkatesh, senior market analyst, IT Spending at IDC Asia/Pacific, said that the 50% tariff on India introduces a new layer of trade and policy uncertainty. "Given India's role in global outsourcing and technology supply chains, such measures-if implemented-could have meaningful downstream impacts," Venkatesh said. While tech spending is still growing in 2025, the deceleration from last year underscores how tariffs and policy uncertainty are tempering enterprise confidence. AI and cloud remain the bright spots, cushioning the impact of slower hardware and legacy IT budgets. India, despite trade risks, continues to outperform on both enterprise spending and IT services, but the sector is being forced into a leaner, more innovation-led IT spending is tracking at 8.7% growth, partly supported by a 90-day extension on certain tariff measures, IDC said. Venkatesh added that North America & Europe — the most sensitive regions to tariff and policy changes are already seeing demand moderation in consumer hardware and mobility meanwhile, faces new headwinds from US tariffs that could dampen cross-Atlantic deals, though energy partnerships may soften the blow, Forrester said. The muted global environment is already filtering down to Indian IT services providers. TCS recently trimmed about 2% of its global workforce. Analysts expect more workforce rationalisation across the sector."Many large Indian IT services companies face weak Q1 deal pipelines and margin compression. While mass layoffs are unlikely, there have already been quiet job trims, deferred pay hikes, and more selective hiring, especially in mid-to-senior management roles," said Mahapatra of Forrester. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Hacking, ransom, lawsuits: Why social engineering is TCS, Cognizant's latest headache Govt easing policies to boost growth; when will industry play ball? Can new shipping laws bury the ghost of British legacy? How IDBI banker landed plush Delhi properties in Amtek's INR33k crore skimming Stock Radar: M&M hits fresh record high in August 2025; time to buy or book profits? Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus F&O Radar | Deploy Bull Call Spread in Nifty to play index reversal Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 20% in 1 year

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store