realme Philippines grabs the #1 smartphone brand slot, reports 962.5% annual growth

realme launched in the Philippines in 2008 and in just two years, they managed to grab the #1 spot in the Philippines. This is according to the Q3 report of International market research firms Canalys, IDC, and Counterpoint Research.

According to the ever-reliable IDC, realme Philippines reported a 962.5% annual growth and captured 25.4 percent local market share just this third quarter which is an amazing feat for a smartphone brand that is just two years old.

In early November, Canalys reported a 25% market share and 531 percent YoY growth for realme Philippines which makes it the fastest quarterly growth for a smartphone vendor that has been attained in the Philippines.

“We are immensely grateful to our Filipino fans for helping us reach the top spot here in the Philippines. We celebrate this remarkable achievement with every Filipino realme user who shares our confidence in the performance and capability of our products — this would not have been possible without you. We assure our fans that we’ll continue to be relentless in bringing top-notch devices to the country as we aim to embolden them in achieving their every goal. Maraming salamat po!” shares realme Philippines VP for Marketing Austine Huang.

realme Philippines does have a strong presence in the country on both offline and online with 465 kiosks, 119 concept stores, and 5200+ partner stores nationwide. Aside from that, they’ve forged partnerships with different partners including Moonton, the game developer of Mobile Legends.

This is a good news for realme Philippines because despite the drop in global YoY sales of smartphones, realme Philippines still managed to have this growth which is one of the most amazing growth that I’ve seen on a smartphone brand. ever.