The funding would help 'Nothing' to release its first smart devices in the coming months.
Nothing, a brainchild of OnePlus co-founder Carl Pei, on Tuesday announced it has raised $15 million in a Series A round led by GV, a venture capital investment arm of Alphabet
The Nothing founder left OnePlus last year to focus on his new company
OnePlus Co-founder Carl Pei on Wednesday launched a new London-based consumer technology company called "Nothing" that will release its first smart devices in the first half of this year.
OnePlus on Monday launched a limited edition of its Buds Z in collaboration with Los Angeles-based artist and designer Steven Harrington, for Rs 3,699 in India.
OnePlus and Oppo are integrating parts of their research and development within OPLUS to "maximise resources", a move that could see the smartphone brands work more closely in the future. While the companies did not disclose details around the integration, the development is expected to include the R&D teams of Oppo and OnePlus in India as well. "To better maximise resources and further position OnePlus for growth, we are in the process of further integrating some R&D capabilities within OPLUS, our long-term investor. OnePlus will continue operating independently and working to deliver the best possible user experience for existing and future OnePlus users," OnePlus said in an e-mailed statement. In a similarly worded statement, Oppo said, "in order to enhance customer experience and strengthen service network, OPPO is in the process of further strengthening some R&D teams within our long-term investor OPLUS to better maximise resources". Oppo will continue operating ...
Carl Pei, the Swedish tech entrepreneur, is working on a stealth project that he plans to unveil this month
Kunal Shah, the founder of fintech company CRED, has invested in OnePlus co-founder Carl Pei's new venture. The amount invested has not been disclosed. Pei had co-founded OnePlus, which now ranks among premium smartphone companies, in 2013. He quit OnePlus in October last year to start a new venture. "Carl Pie has now received seed investment from India with Kunal Shah, founder of CRED, adding Carl's London based venture into his portfolio," a statement said. Details of Pei's new venture will be announced on January 27, it added. Pei has already raised USD 7 million (about Rs 51.4 crore) in seed financing for the new venture. "Carl is working on a new consumer electronics company that I am sure will be a disruptor in the tech industry. I am excited to be part of this journey, Kunal Shah said. Shah, who had co-founded Freecharge and is an active investor, has backed a number of startups including Udayy, Kyt, Khatabook, BharatPe, Unacademy, Razorpay and Avail Finance, among others
We bring you a list of new upcoming mobile phones in India that you might wish to buy
OnePlus' next flagship series won't feature a periscope lens on any of the models, the report said
OnePlus co-founder Carl Pei has raised $7 million (about Rs 51.4 crore) in seed financing to start a new venture that will be unveiled early next year.
A new study claimed that the degree of consumer satisfaction is the highest with OxygenOS from OnePlus (74%) followed by Apple iOS (72%)
While timing of 5G spectrum action is unclear, over 1 million 5G smartphones entered market in Sept quarter
Internet and mobile firms' body IAMAI has asked digital publishers to bar the credit extended to mobile phone companies OnePlus and Oppo Mobile, a source said
OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters
Top Chinese smartphone brands gained market share during the most critical phase - the April-June quarter of this year
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess
The current quarter (July-September) is traditionally the largest in terms of volume shipment as all leading players fill up their inventory in anticipation of bumper sales in festive weeks
Chinese smartphone company OnePlus' India R&D facility is making a significant contribution, especially in software development, and is poised to become its largest research facility globally by 2022, a top company executive said. The R&D facility, set up in Hyderabad a year ago by the premium smartphone player, has over 300 employees. "Our R&D facility in India is already playing a crucial role for OnePlus by establishing itself as a global R&D base for the brand, particularly from the software development front, with contributions towards global markets as well, including European Union and North America markets," OnePlus Vice President R&D India Ramagopala Reddy told PTI. He said the India R&D team had worked on product innovation and software development for its OnePlus 8 Series and OnePlus Nord devices as well. These include efforts towards camera software development, OxygenOS optimisations, UX/UI (user experience/user interface) design efforts, network ..
The device will go on sale via Reliance Digital and MyJio Stores from August 7 and other retail partners will sell the device from August 12