OnePlus and Oppo’s business in Europe has been struggling lately, and a patent dispute with Nokia has led to a significant drop in sales of both brands’ devices in the region. Against this background, information appeared that companies may leave the EU markets. However, representatives of OnePlus and Oppo denied the rumors.
Earlier media reported that Oppo is preparing to leave the German and UK markets. Despite European interest in Oppo smartphones, the company’s return on investment in the region is low and the manufacturer is actually running at a loss, notes AndroidPolice.
According to media reports, Oppo and OnePlus may leave the markets of many EU countries, limiting their business to Germany, the United Kingdom, France and the Netherlands. Both brands are expected to remain in Spain, Switzerland, Italy and some other countries for now, but that could change in the future.
OnePlus and Oppo recently lost a patent dispute with Nokia in Germany, as a result of which the two brands can no longer advertise their products on the market in Europe’s largest economy. However, representatives of the Chinese companies denied the rumors that they intend to leave the European countries.
“OnePlus will not leave Europe and the UK and maintains a stable business in the local markets. OnePlus will continue to invest in Europe and offer more and more innovative products and solutions to customers,” said a OnePlus spokesperson.
“Oppo and OnePlus are targeting all European markets. We’ve had a great start to 2023 with some successful product launches in Europe and have a pipeline of future products for the rest of the year. As always, Oppo and OnePlus will continue to provide consumers with innovative products and best-in-class services,” added the OnePlus spokesperson.