Latest Technology News: Realme’s top admins and 15 employees leave the company,

New Delhi,UPDATED: July 25, 2023 10:10 IST

By Ankita Chakraborty: The management of Realme has undergone significant changes with the departure of Indian leader Madhav Sheth. Now it has been revealed that several senior executives and 15 other employees have also left the company. They are expected to join HonorTech, led by Sheth, in India.

Dipesh Punamiya, who was in charge of offline sales at Realme, has now become Assistant Vice President (AVP) at HonorTech, according to the IANS report. Similarly, Sanjeev Kumar, who was responsible for online sales at realme, also held a senior position in Sheth’s new company.
According to sources, more than 15 employees from different departments of Realme have decided to join HonorTech. Madhav Sheth aims to revive the Honor brand in India through this new venture.

Exciting news is on the horizon as HonorTech plans to shake up the Indian smartphone market with the launch of a new device. This should happen around late August or early September, just in time for the holiday season.

Prior to this, Madhav Sheth was actively involved in Realme, where he held several prominent positions including CEO of Realme India, Vice President and President of Realme International Business Group.

In the past, the Honor smartphone business was owned by a Chinese company called Huawei. However, in 2020 Huawei sold it to Shenzhen Zhixin New Information Technology Co Ltd, also based in China. Honor made it clear in 2022 that it has no plans to exit the Indian market. The company expanded into the laptop segment in India and introduced a range of wearables.

Despite these changes, Honor still has a significant presence in India, including its service centers, which are essential in providing support to its customers.

With the likes of Dipesh Punamiya and Sanjeev Kumar on board, and the exciting launch of a new device, HonorTech looks set to make its mark on the Indian smartphone industry, giving consumers more choice and innovation to look forward to.

Madhav Sheths leaves Realme

After five years at the helm of Realme India and building the brand from the ground up in the country, Madhav Sheth, the CEO, officially stepped down in June. Realme founder Sky Li will now take over the Indian market. Sheth will remain a strategic advisor to the company but plans to start his own export business. He expressed his continued support for Realme, saying he would nurture the brand aside and offer strategic advice for development, global product observations, market insights and operations.

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An Overview of Global Events in 2023

In 2023, the world witnessed a myriad of events that left a lasting impact on global affairs. From political developments and economic shifts to environmental challenges and breakthroughs in science and technology, the year was marked by significant changes and a sense of urgency for collective action. Here’s an overview of some of the latest world news in 2023.

Political Unrest and Diplomatic Strides:
In the political arena, several regions experienced unrest and geopolitical tensions. The ongoing conflict in the Middle East continued to dominate headlines, with efforts towards peace and stability remaining elusive. However, there were also moments of diplomatic breakthroughs as nations engaged in dialogues to ease tensions and work towards lasting solutions.

Economic Transformations:
The global economy faced both challenges and opportunities. Trade disputes between major powers affected markets, while some countries grappled with debt crises. On the other hand, emerging economies showed resilience and promising growth, fueling optimism for a more balanced global economic landscape.

Technological Advancements:
Innovation surged forward in the tech industry, with breakthroughs in artificial intelligence, renewable energy, and space exploration. Quantum computing achieved milestones, promising radical transformations across industries. Renewable energy sources gained traction, with many countries setting ambitious goals to combat climate change.

Climate Crisis and Environmental Resilience:
As the climate crisis intensified, extreme weather events wreaked havoc in various parts of the world. Wildfires, hurricanes, and floods reminded humanity of the urgent need for climate action. In response, governments and communities across the globe doubled down on efforts to reduce carbon emissions, invest in sustainable infrastructure, and protect biodiversity.

Health and Pandemic Management:
Health remained a global priority as countries continued to combat the COVID-19 pandemic. With the emergence of new variants, vaccination efforts and public health measures remained crucial to curbing the spread of the virus. There were also significant advancements in medical research and technology, offering hope for better preparedness in handling future health crises.

Sports and Cultural Milestones:
Amidst the challenges, the world found moments of joy and unity through sports and culture. International sporting events brought together athletes from diverse backgrounds, promoting solidarity and camaraderie. Cultural exchanges and celebrations showcased the richness of human diversity and fostered mutual understanding.

In conclusion, the year 2023 was a dynamic period filled with significant events that shaped the course of history. From political unrest to technological advancements and environmental challenges, the world witnessed the complexities of the global landscape. While obstacles remained, there were also encouraging developments and collaborative efforts towards a more sustainable, peaceful, and prosperous future for all nations. As we move forward, the lessons learned from these events serve as a reminder of the importance of collective action and cooperation to address shared global challenges.