Reducing Activities: company scaling back some business operations while continuing others

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BBK Electronics Corporation is a Chinese multinational conglomerate. The company specializes in developing consumer electronics products such as smartphones, tablet computers, smartwatches, smart TVs, Hi-Fi equipment, Blu-ray players, and digital cameras. It is one of the world's largest smartphone manufacturers. Subsidiaries: Oppo, vivo, Realme, OnePlus, iqoo.

 

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
437
Staff(RF), 2021
144
Assets(RF), mln.USD
148
Taxes(RF), mln.USD
25

Chinese manufacturers of smartphones, tablets, laptops and other electronics Tecno and Realme plan to open brand stores in the Russian Federation in 2024.

The Company Statement
July 08, 2022

Realme and Oppo as well as some other Chineese brand now hold 61% of Russia’s smartphone market by sales as of May 2022. Decreased revenue in 2023 vs 2022.

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Statements Archive
October 05, 2023Chinese smartphone manufacturers will open branded stores in Russia in 2024
October 02, 2023Leroy Merlin topped the ranking of the largest foreign companies according to Forbes
October 02, 2023RM Communication, DS Communication, Vivo Rus, Vi Technology Rus / BBK Electronics
July 08, 2022Samsung and Apple exited Russia over its invasion of Ukraine. Chinese smartphone brands have already seized their market share
Demand to Leave Russia:Petition text has been copied to the clipboard.
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