Chinese smartphone manufacturers are stepping up their efforts to gain a foothold in Europe and sell high-quality devices. The Shenzhen-based brand Realme has increased its sales in Europe by 275% and is aiming to increase its market share from 4% to over 10% in the next three to five years. Despite the challenges associated with the market launch in Europe, Realme sees great potential. Other brands such as Honor and Oppo are also planning to expand their premium offerings. What do you think about the competition between Chinese brands and established companies such as Apple $AAPL (+0,76%) and Samsung $005930 in Europe?
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