Tag: Nokia takeover

Realme, follows OPPO and vivo, to exit German market after run-in with Nokia
Technology

Realme, follows OPPO and vivo, to exit German market after run-in with Nokia

[ad_1] In a recent statement by Realme, the Chinese company confirmed its exit from the German smartphone market and restricted all business there, NextPit reported. Realme cited "sales slowdown" as the cause for the company's impending departure from the German market and it closely aligns with the path taken by other brands vivo and OPPO.Now, Nokia has clear sway over the German market with 3 major smartphone makers Oppo, vivo, and Realme exiting from this market. OPPO and vivo on NokiaVivo's take on not renewing the patent-licensing agreement with Nokia had backfired. Regarding the issue, Nokia took legal action in Germany, resulting in the Mannheim Regional Court declaring Nokia as the only German patent in the lawsuit against vivo. According to Nokia Power User, Vivo might plan to ...