Realme India CEO Michael Guo exits as Oppo plots merger of Realme and OnePlus distribution

Global VP Chase Xu takes over as Realme India CEO after Michael Guo's health-driven resignation. Parent Oppo is restructuring to fold Realme and OnePlus under its umbrella, potentially merging distribution networks and converting Realme into an Oppo sub-series — a material shift for India smartphone retail channels.

— Source publishedWed, 24 Jun, 2026, 12:16 IST·First seen Wed, 24 Jun, 2026, 12:50 IST·Source Business Today · Latest

What happened

Realme India CEO Michael Guo has resigned citing health reasons, with Global VP Chase Xu taking over. Parent Oppo is restructuring to bring Realme and OnePlus

Key facts

  • 1 million units

Why this matters

Watch for follow-on M&A signals — folding Realme into an Oppo sub-series and merging OnePlus distribution opens partnership, divestiture, or roll-up opportunities across India's smartphone ODM, retail, and after-sales ecosystem.