Realme, a subsidiary of BBK Electronics (the same company that owns Oppo and OnePlus), has created a new craze in the smartphone market with its latest release, the Realme GT Neo 5. The device boasts 240W charging technology, which is the fastest charging technology currently available on the market, outpacing devices such as the Redmi Note 12 Discovery Edition (210W) and the OnePlus 10T (150W).

According to GSMArena, this 240W technology aligns with the latest standard launched by USB-IF in 2021. Realme claims that its GT Neo 5 can fully charge its 4600mAh battery in just 9.5 minutes with its 240W technology.

For now, the GT Neo 5 has only been introduced to the Chinese market, with prices starting at $472 for 16GB of RAM and 256GB of storage. There is also a 150W version that starts at $383 for 8GB of RAM and 256GB of storage.

The GT Neo 5 features a 6.74-inch 1240p 144Hz OLED display and is powered by last year’s Qualcomm Snapdragon 8 Gen 1 processor. It also has a triple rear camera setup with a 50-megapixel, 8-megapixel, and 2-megapixel lens. There is no word yet on whether the GT Neo 5 will make its way to international markets, but the Mobile World Congress in Barcelona at the end of the month may provide more insights.