Realme has postponed its Might 4 occasion in India as a result of ongoing Covid-19 pandemic.
“As India battles unprecedented challenges, we urge you all to comply with related Covid-19 security protocols. Within the wake of the present scenario, realme has determined to postpone upcoming launch of merchandise and anniversary celebrations. Request you all to focus in your households and yourselves. It’s time for us to stay collectively and assist one another as one group,” mentioned Realme in a tweet on Wednesday.
Realme had earlier deliberate to host its three-year anniversary occasion on Might 4. It was anticipated to launch Realme X7 Max and different merchandise on the occasion.
Realme’s transfer comes when the nation is grappling with a brand new wave of Covid-19 pandemic. India on Thursday noticed a single-day rise of 379,257 coronavirus circumstances, pushing the overall tally to 1,8,376,524.
The pandemic can also be prone to adversely influence smartphone corporations and the business generally. Whereas the primary quarter of 2021 noticed a document 23% year-over-year progress, business pundits predict a decline within the coming quarters as a result of present Covid-19 scenario.
“Persevering with with its stellar run, India’s smartphone market registered a 3rd consecutive quarter of document shipments in Q1 2021, driving on pent-up demand. Shopper confidence additionally elevated as a result of starting of a vaccination drive within the nation. However these numbers needs to be taken with warning as a second and extra virulent wave of COVID-19 is at the moment on within the nation and is prone to influence the approaching quarters. The patron demand will take successful as a result of ongoing COVID-19 wave and subsequent lockdowns,” Counterpoint’s Senior Analysis Analyst Prachir Singh mentioned earlier this week.