OnePlus may exit key global markets: What’s behind the reported plan

OnePlus is planning a phased restructuring of its global operations, beginning with the US and Europe, while continuing operations in India for now, according to a Bloomberg report. The report also says Realme, another smartphone brand under Oppo, is considering reducing its focus on the Chinese market as part of a broader restructuring. The reported move comes amid intense competition, rising component costs and growing geopolitical challenges for Chinese smartphone brands.