OnePlus phones are reportedly no more as Oppo pulls the plug on the company
Key Points:
- Android Headlines reports that Oppo is shutting down its mobile brand OnePlus, citing employee sources across North America, the EU, and Asia, as well as data from four independent analyst firms.
- The report highlights significant declines for OnePlus, including shipment drops of over 20% in 2024, canceled product launches like the Open 2 foldable and 15s compact flagship, and major operational cutbacks.
- Key markets for OnePlus, India and China, have seen severe sales declines, with 4,500 retail stores in India ceasing OnePlus sales and market share in China dropping from 2% to 1.6%.
- Despite these challenges, Oppo assures existing OnePlus customers will continue to receive security