Updates, OnePlus revealed in a statement that it is not exiting Europe and the UK as it maintains stable operations.
“OnePlus will not exit Europe and the UK and will maintain stable operations in the local markets. OnePlus will continue to invest in Europe and provide more innovative products and solutions for its users." James Patterson, Global PR Manager, OnePlus
Not clear what this means for Oppo https://t.co/P7vie9HFfT
— Jon Porter (@JonPorty) March 27, 2023
The two China-based BBK Electronics brands are reportedly leaving some European regions. Here we are talking about Oppo and OnePlus. According to Max Jambor, brands are pulling out of key markets such as Germany, France, the UK and the Netherlands.
I can confirm: OPPO and OnePlus are exiting Europe. Germany, Britain, France and the Netherlands are the first countries to leave.
— Max Jambor (@MaxJmb) March 27, 2023
While Jamboree has reported the departure, Oppo and OnePlus are yet to pass a statement officially. We’ve contacted both companies for comment and will update the article once we get a response.
It is noteworthy that Oppo and OnePlus collectively achieved a market share of only 5 percent in the fourth quarter of 2022. reports by Counterpoint Research Firm. The same report also revealed that the market share of both the brands was just 6 per cent in the third quarter as well.
Since there is no official reason from the brands for the reported exit, we cannot conclude anything as of now.
In other news, Oppo recently launched its first flip smartphone in the European market last month. The Oppo Find N2 Flip comes as a more specialized version of the Galaxy Z Flip 4.
It offers a large 3.26-inch cover screen and a 6.8-inch primary display. The primary screen has a 120Hz refresh rate and a resolution of 1080 x 2520 pixels. There is Corning Gorilla Glass 5 protection.
The device is powered by the MediaTek Dimensity 9000+ SoC paired with up to 16GB of RAM and 512GB of internal storage. It features dual cameras at the back with a 50MP main lens. Interestingly, it houses a massive 4,300mAh battery.
Find N2 Flip is priced in Europe at EUR 1,199 (roughly Rs. 1,06,297). Incidentally, the device also arrived in India around the same time. Its price in the country is Rs 89,999. You can read our review of the new flip phone here.
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