Author: Kanika Gupta
Date: 27 Mar 2023
Time: 7:35 pm
Oppo and OnePlus are prepared to discontinue operating business in key European markets.
These countries are Germany, France, Netherlands, and the UK according to a report.
In August 2022, both businesses stopped selling smartphones in Germany after losing a patent dispute with Nokia.
The main cause of withdrawal could be the area's high sales costs.
Macroeconomic factors like the Russian invasion of Ukraine and inflation.
According to reports, Oppo's business is also expanding in other areas like Italy, Finland, Spain, France.
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