Realme To Launch Most Economical 5G Smartphone Under Rs 7000

Realme is preparing to launch the most economical 5G phone this year around Diwali. The price of the company's 5G smartphone is believed to be less than Rs 7000.

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The popularity of 5G smartphones is increasing rapidly in the country and around the world. As a result, many smartphone companies are facing intense competition in the market. Every company wants to offer 5G phones to its customers at the most affordable prices. Seeing the potential in this segment, the smartphone company Realme is all set to launch 5G at a very low price. Some resources say that the price of the company's 5G phone can be less than Rs. 7000.  

Realme 56 Phone Priced Under 7K
Realme CEO Madhav Seth has informed that the company is preparing to launch the cheapest 5G phone. However, he has not yet disclosed the launch date of its 5G phone. The company has even kept the specifications and the features a secret. According to Madhav Seth, the company can soon offer a 5G smartphone for less than $100 i.e. around Rs 7,000. He said that by Diwali this year, more than 60 lakh units can be shipped. 

Focus On 5G
According to media reports, Realme wants to focus its attention only on 5G devices right now. During the Narzo 30 series launch, Realme confirmed that its target is to become the global leader in 5G smartphones in the coming years.

The competitors
The competition is expected to rise in India once Realme's budget-friendly 5G phone launches in the market. Recently, Reliance has also announced an affordable 5G phone, and Realme's other competitors in India like Xiaomi, Oppo may soon follow the 5G route.