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OnePlus Breaks The Billion-Dollar Sales Barrier; Sets Even Higher Goals!

OnePlus has come a long way since its early days and is evolving into a mature smartphone maker.

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OnePlus Breaks The Billion-Dollar Sales Barrier

OnePlus have done it! They have just broken the billion-dollar sales mark and have managed to make a profit in the super-competitive smartphone market. In an interview with The Telegraph, the company’s CEO Pete Lau has revealed that their revenues last year had doubled to more than $1.4bn (around Rs. 10,000 Crores) which made them “healthy profits”.

OnePlus is a much-loved brand in India. It offers the best value for money in the premium segment of smartphones. It comes with the unbeatable combination of premium specifications and upper midrange prices.

In a market which is flooded with affordably-priced value-for-money smartphones, it is not an easy task to stand out and have that reflect in your sales figures. Not only has OnePlus managed to stand out, but it has also become the no. 1 selling brand in the premium segment in India by gaining people’s trust.

 

Now OnePlus is looking to garner some global success when they try to tap the second-largest smartphone market, the USA.

OnePlus Eyeing The US Smartphone Market

It is reportedly in talks with US carriers to offer their phones through the carriers’ sales channels. The US smartphone market is completely different from the Indian smartphone market. In India, people prefer to buy their phones outright unlike in the US where 85% – 90% people buy theirs from the carriers.

Pete Lau has said

“In the US we’re in communication with a few of the carriers, this is not something we need to earn their trust, we use our product to earn their trust,”

OnePlus is a tiny company when compared to some Korean and American smartphone giants. But it has its supply chain sorted, which ensures a steady supply of phones. And it has a dedicated following among hardcore Android fans. In 2016 it had tied up with O2 to take advantage of the carrier-sales model in the UK.

But it is not easy to get in the carrier club in the USA, especially for a Chinese smartphone maker, as Huawei found out the hard way when AT&T had to pull out of a proposed deal under pressure from the US government amid security concerns.

“In the US we’re in communication with a few of the carriers, this is not something we need to earn their trust, we use our product to earn their trust,” said Mr Lau.

What’s Next For OnePlus?

"OnePlus Breaks The Billion-Dollar Sales Barrier; Sets Even Higher Goals!", 5 out of 5 based on 14 ratings.
  1. SAKSHI SHARMA says

    BEST SMARTPHONE EVER. I LOVE THIS PHN. LOVE THIS BLOG TOO.

  2. ARVI ARORA says

    I LOVE THIS PHONE. IT HAS VERY GOOD RAM , THATSWHY IT WILL GET HANG. NICE BLOG.

    1. ARVI ARORA says

      WILL NOT*

  3. MISHIKA ARORA says

    ONE PLUS IS THE BEST SMARTPHONE BRAND. GOOD INFO.NICE BLOG.

  4. Hariom says

    Nice Article it provide really good information.
    Thanks you very much.

  5. Kiran says

    It’s better if you people put exchange from one plus 5 to one plus 5T or 6.

  6. Kiran says

    I have got one plus 5 and after 40 days you people have released One plus 5t that’s a big disappointment. And that too for Same price.

  7. Anant says

    There’s no doubt One Plus is doing great in India. They offer more than enough features for the users at a decent rate and moreover with a cool design.

    M eagerly waiting for the One Plus 6 to arrive.

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