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OnePlus releases report for 2017, company sees explosive rise in revenue

Never settle. (Source: XDA-Developers)
Never settle. (Source: XDA-Developers)
OnePlus has released a report that points towards a significant growth in its sales numbers, with smartphone shipments seeing a 55% year-on-year growth and revenue said to have doubled.
Ricci Rox,
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OnePlus had a, well, eventful 2017. The company was linked to a number of scandals over the past year, with issues with inverted displays, credit card breaches, and an emergency number dialing bug being some of the major talking points. The business arm of the company is still going strong, though, as the company has released an annual report that shows a impressive year-on-year growth in sales.

According to the report, the company recorded a massive US$1.4 billion in revenue, supposedly double of its 2016 figure. That's impressive, considering the fact that the company only released two new smartphones in 2017. The report also claims that the brand has a user base of over a million, with smartphone shipments rising by 55%, across the 32 countries where OnePlus devices are sold.

All of these are praise-worthy, all things considered. The company's $1.4 billion in revenue isn't much worse than HTC (US$2.1 billion), but still below fellow Chinese OEM Meizu (US$3.1 billion), and far behind major players like Xiaomi. The company is one that has found an accommodating space in the budget flagship niche—it may have its issues, but it's indubitable that in the value for money department, there aren't many OEMs that give OnePlus a run for its money.

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Ricci Rox
Ricci Rox - Senior Tech Writer - 1867 articles published on Notebookcheck since 2017
I like tech, simple as. Half the time, you can catch me writing snarky sales copy. The rest of the time, I'm either keeping readers abreast with the latest happenings in the mobile tech world or watching football. I worked as both a journo and freelance content writer for a couple of years before joining the Notebookcheck team in 2017. Feel free to shoot me some questions on Twitter or Reddit if it so tickles thine fancy.
contact me via: @riccirox, LinkedIn
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 01 > OnePlus releases report for 2017, company sees explosive rise in revenue
Ricci Rox, 2018-02- 1 (Update: 2018-02- 2)