OnePlus reportedly plans to wind down U.S., Europe, and India operations

Android phone maker OnePlus plans to wind down its operations in key markets outside China, according to a Bloomberg report.

• OnePlus reportedly plans to wind down its U.S. and Europe operations this week, according to a Bloomberg report.
• The report stated the shuttering is part of a corporate reorganization at parent company Oppo.
• OnePlus will also wind down its operations in India, one of its largest markets outside China, the report said.
• Bloomberg reported that the company will continue operating OnePlus in China and sell Realme phones in areas including the Nordic region.