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Fast-growing Chinese smartphone maker Realme rethinks 2022 sales target amid market headwinds | South China Morning Post

Source: scmp.com scmp.com
News Snapshot:

Realme, a fast-growing smartphone maker from China, said it is adjusting its global sales target for the year, as a weakening global economy and changing market conditions weigh on the industry. The company has to make the revisions based on “market scenarios”, Madhav Sheth, company vice-president and head of international business, said in an online press event on Wednesday, without elaborating on the exact growth target. “The most important thing is that we’re still growing [in certain markets], not as fast as our expectations, for sure, but we will continue to grow,” he said. The Chinese start-up, which began as…

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