China's Realme will enter Europe's high-end handset market next month with its priciest ever device, its CEO told Reuters, as it looks to expand beyond its budget offerings and sell 50% more smartphones globally this year.
The Shenzhen-based company is among several Chinese handset firms that have been making aggressive moves to seize global market share from Huawei Technologies, after stepped-up U.S. sanctions hobbled the former top smartphone maker's supply chains and forced it to retreat.
Realme plans to start selling its premium GT 2 Pro phone across Europe in February for $700-$800, founder and CEO Sky Li said.
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