Hasty Briefsbeta

The end of OnePlus: Oppo rumored to retire smartphone brand due to less sales

18 days ago
  • #smartphones
  • #tech-news
  • #OnePlus
  • Smartphone market consolidation makes it hard for smaller brands like OnePlus to compete against giants such as Apple and Samsung.
  • Oppo, which owns OnePlus, is rumored to retire the OnePlus brand due to plummeting sales (down 20% in 2024 to ~14M units).
  • OnePlus struggles with low retailer margins, losing carrier contracts, and downsizing in key markets (US, Europe).
  • 74% of OnePlus sales come from China and India, where its market share is just 1.6% and 3.9%, respectively.
  • No official confirmation from Oppo or OnePlus, but sources (current/former employees) suggest the brand may be discontinued soon.