OnePlus announces it will not launch new smartphones in the United States or Europe

OnePlus, a smartphone manufacturer, issued a public statement. The company said it will not release new phone models in the United States. It also confirmed no new launches will occur in European markets. No specific reasons for the decision were provided in the announcement. The move may shift the brand's focus to other regions. Existing OnePlus devices will likely continue to be sold. The decision could affect OnePlus's market share in the West. Future product plans for other territories were not detailed.