Oppo, OnePlus and Realme to be independent entities in India: Things that may change
China’s largest smartphone maker BBK, the parent company of Oppo, OnePlus and Realme, has reportedly restructured its Indian business to make the three brands independent entities. According to a report in Economic Times, BBK seems cautious of the way the government is taking action against Chinese companies, and therefore wants to separate the three businesses. Sources said that BBK Group is especially concerned about Oppo Mobile India’s business getting affected by any such action. The idea reportedly appears to be clear: To de-risk the business from the current and future government action against Chinese companies.
The move is not surprising considering that India is one of the biggest markets for Chinese smartphone giants. Four out of the top 5 smartphone companies in India are Chinese. And at least two of these three BBK-group owned companies — Oppo, Realme and OnePlus — are always in the top 5 other than home country rival Xiaomi. Sales in the Indian market also plays an important role in their ranking in the global smartphone market.