Explorer

Oppo And OnePlus On Way To Exit Major European Markets, The UK: Report

BBK Electronics-owned handset makers Oppo and OnePlus may be planning to exit major European markets, according to a post in a Chinese publication named 36Kr.com. 

BBK Electronics-owned handset makers Oppo and OnePlus may be planning to exit major European markets, according to a post in a Chinese publication named 36Kr.com.  The Chinese handset makers have halted their device sales in Germany, in the wake of a patent dispute with Nokia and now, both the brands are considering pulling out of the UK and Germany, says a post by famed leakster Max Jambor who also indicates that France and the Netherlands may also get impacted.

According to the report by 36kr.com, which quoted people familiar with the matter, Oppo is set to exit Germany and the UK. The smartphone maker may have taken the decision to exit the region owing to the high costs of sales, the report further added. BBK's Oppo and OnePlus have been plagued by significant challenges in Germany. A patent lawsuit filed by networking services provider Nokia has banned both OnePlus and Oppo phones in Germany in August 2022.

The report also added that several macroeconomic factors, including inflation, the Russian invasion of Ukraine, and other factors have forced Oppo to withdraw its business from Europe. Nokia alleged that BBK-electronics-owned handset makers have used its patented technology for processing 5G signals without paying for a license.

According to famed tipster Max Jambor, (@MaxJmb) both handset makers are pulling out of Europe, starting from Germany, France, the Netherlands and the UK. "I can confirm: OPPO and OnePlus are pulling out of Europe. First to leave are Germany, UK, France and Netherlands," Jambor tweeted.

"Little update: right now only the countries listed will close down. Not Europe entirely. Will give another update in a while," Jambor added.

"Update: There will be an official statement from OPPO/OnePlus soon! Right now only Germany, France, UK and Netherlands will close down. For the rest of Europe it is unknown at this point," Jambor noted.

It should be noted that despite having a good presence in India, both Oppo and OnePlus do not have a big market share in Europe, as per data from Counterpoint Research. Rivals Apple, Samsung and Xiaomi dominated Europe's smartphone market in the third quarter last year. 

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

PM Modi To Address 3 Poll Rallies For Lok Sabha, Assembly Elections In Odisha Today
PM Modi To Address 3 Poll Rallies For Lok Sabha, Assembly Elections In Odisha Today
CM Kejriwal To Visit Hanuman Temple, Hold Roadshow In South Delhi With Punjab Counterpart Mann On Saturday
CM Kejriwal To Visit Hanuman Temple, Hold Roadshow In South Delhi With Punjab Counterpart Mann On Saturday
GSEB 10th Result 2024 Released On gseb.org, Here's How To Check
GSEB 10th Result 2024 Released On gseb.org, Here's How To Check
Light Rain, Thunderstorms Likely In Delhi, Punjab & These States During Next 3 Hours. Check Forecast Here
Light Rain, Thunderstorms Likely In Delhi, Punjab & These States During Next 3 Hours. Check Forecast Here
Advertisement
for smartphones
and tablets

Videos

Syed Naseer Hussain's big statement on BJP's Reservation policies, Watch the full report | ABP News'PM Narendra Modi is the savior of Poor in India' claims Giriraj Singh | ABP News'Population Will Win Over BJP' says Abdhesh Kumar Rai Communist Party of India, (CPI) | ABP NewsTejasvi Surya's Reaction On Mani Shankar Aiyar's remark, Attacks Congress abruptly | ABP News

Photo Gallery

Embed widget