Realme looks to expand IoT business by 2021

Realme is aiming to expand its consumer IoT business with the launch of as many as 100 products across various categories such as audio, home automation and lifestyle in 2021. The company’s target is to get 15% revenue from its non-smartphone business – smart TVs and IoT devices – in 2021 calendar year. “We want to sell 15M connected devices across categories next year, up from around 8M units this year”, Realme CEO Madhav Sheth said.

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