OnePlus and Realme to Exit Smart TV Market in India, Claims Report

OnePlus and Realme have reportedly ceased the manufacturing and sale of its good TVs in India. The cause for a similar has not been clear but, however business sources have claimed that each Chinese corporations have determined to name it quits in the tv class in India. However, there was no affirmation or denial from both OnePlus or Realme on these stories. Hence, it must be presently taken with a pinch of salt. On the opposite hand, Xiaomi has been reportedly faring properly in the sector.

OnePlus and Realme, primarily recognized to be Chinese smartphone makers, will reportedly finish the manufacturing and sale of their Google TV-powered good tv units in India. An ET Telecom report, citing business sources, has claimed that each OnePlus and Realme have determined to transfer out of India when it comes to the tv class. However, they are going to proceed the smartphone manufacturing in the nation. 

The report has talked about that the growing demand for streaming companies equivalent to Netflix, Amazon Prime and Disney+ Hotstar has fuelled the demand for good TVs in India. Most importantly, each OnePlus and Realme have listed their TVs on sale through the ongoing Amazon and Flipkart festive sale. 

The present claims are shocking as each Chinese manufacturers had been performing properly in the nation in the good TV sector. According to a Counterpoint Research examine for 2022, OnePlus was among the many fastest-growing good TV manufacturers final 12 months. On the opposite hand, one other Chinese good machine maker, Xiaomi, led India’s good TV market in 2022. 

Despite these claims, it can be crucial to notice that neither OnePlus nor Realme has accepted or refuted these stories. One can nonetheless purchase the OnePlus good TVs in India via on-line platforms or the corporate’s official web site. It is but to be seen what the businesses have to say in regards to the stories about their exit from India.