According to reports from Counterpoint, Riley Company became the sixth largest brand in the market for the first time in the second quarter of 2021 The world of smartphones has become. The company sold 15 million smartphones in the quarter from April to June, which shows a significant growth of 135.1% compared to the same period last year.
Riley is one of the top five smartphone sellers in the 18th mobile phone market, also ranked first in Bangladesh and the Philippines. It owns the brand of smartphones. The company ranked 47th for the first time in the fall of 2018 in the Counterpoint rankings. But that was the beginning of the company's success in selling smartphones, and it only took a year to rise from 47th in 2018 to 15th in 2019. In the second quarter of 2019, the Chinese company entered the list of top ten smartphone brands for the first time.
The recent success of the company has raised expectations of them and has found many fans among users and mobile enthusiasts. Riley now intends to become one of the giants of the mobile arena in the world of technology and have something to say against other superpowers in this arena. Therefore, Riley is expected to double the sales volume of its smartphones and reach its goal of selling 200 million smartphones by the end of 2022. The company will launch another 100 million smartphones by the end of 2023.
Madhav Sheth, Vice President of Riley and CEO in India and Europe, will lead the business. Operates in Latin America. He hopes the brand's presence in Latin America will help them achieve their sales goals and become a leading brand in the world of technology and technology.
The Chinese company has also made it clear. The GT series is now their only flagship product line. The C, Nazaro and Digi Reelmi series of handsets have become a regular part of Reilmi products. With the presence of the Digit series, Reelmi will offer the latest technology in the world in its economic phones.
They have a high price, they have not been able to bring very attractive features to users. But Rilmi has announced that the company's future GT series handsets will be highly regarded and welcomed by users, and with their technical specifications, they will have a lot to say in front of the best flagship smartphones.