One Plus Technology (Shenzhen) Co., Ltd., commonly referred to as OnePlus, is a Chinese smartphone manufacturer, which is based in Shenzhen, Guangdong. It was founded by Pete Lau (CEO) and Carl Pei in December 2013. The company officially serves 34 countries and regions around the world as of July 2018[update]. They have released numerous phones, amongst other products. It is currently majority owned by Oppo as its only shareholder, which is a subsidiary of BBK Electronics along with Oppo, Realme and Vivo. However, both OnePlus and Oppo denies OnePlus is a subsidiary and maintain they are independent companies, although OnePlus confirmed it uses Oppo’s manufacturing line and shares part of the supply chain resources with Oppo. The headquarters is in the Tairan Building (泰然大厦) in Chegongmiao (车公庙), Futian District. OnePlus is also known for its very distinctive slogan: "Never Settle", included in some of their wallpapers, and is a very big role in the company.