Recently, the Android Headlines platform, in a report based on data from four independent analysis companies and covering three continents, revealed expectations indicating the possibility of OnePlus closing soon.
The report was based on several factors, most notably the decline in sales over the past two years, the company’s loss of market share, in addition to the closure of a number of its offices around the world, which led the platform to believe that the company is going through a critical stage.
On the other hand, the CEO of OnePlus in India quickly issued an official statement denying these allegations, confirming that the company’s operations would continue normally without any problems. He also stressed that OnePlus continues to operate as usual, sending a message of reassurance to both employees and users alike.
The official added in his statement that he would like to correct some of the misleading information circulating about OnePlus’s situation in India, stressing that the company is firm on its path and will not back down from its famous Never Settle slogan.
On the other hand, it seemed clear that the statement also aimed to reassure shareholders, as it called on them to verify news through official sources before being led by rumours.
In any case, and even with the current challenges facing OnePlus, the company remains strongly supported by Oppo, which had previously intervened several years ago to pump a huge investment worth $14 billion to save OnePlus and enhance its financial stability.
