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OPPO May Invest 10 bn yuan in R&D in 2019

The smartphone player established its 5G team in 2015 and began R&D at the onset of 5G standards

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OPPO unveils 5G prototype of Find X smartphone. (Wikimedia Commons)
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Chinese handset maker Oppo on Thursday announced it will invest 10 billion yuan (around $1.43 billion) in Research and Development (R&D) across its global markets in 2019.

With the increased R&D investment, the company will integrate its supply chain and build its technical expertise to enhance its technological capabilities.

Tony Chen, Founder and CEO of Oppo, announced at its technology-focused “2018 Oppo Technology Exhibition” an increase in R&D spending to 10 billion yuan in 2019 which is a 150 per cent year-on-year (YoY) increase and that the company would continue to increase investment on a yearly basis.

“5G is a trend Oppo must embrace. In addition to striving to become the first manufacturer to launch 5G smartphones, Oppo’s exploration of application opportunities in the 5G+ era will determine the value of 5G,” Chen stressed.

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“Oppo will fully integrate 5G with applications and user insights and continuously innovate to provide users with revolutionary, convenient and seamless experiences,” he added.

The company is also planning to leverage artificial intelligence (AI) to develop a range of smart devices, including smartwatches and smart home technologies, to explore and meet the increasingly rigid demands of consumers in the age of Internet of Things (IoT).

“In the future, Oppo will fully integrate technological innovation with art and humanity, to develop smart devices and smart homes with the smartphone at their core,” Chen said.

The smartphone player established its 5G team in 2015 and began R&D at the onset of 5G standards. (IANS)

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OPPO Showcases 5G Prototype of its Find X Smartphone in China

OPPO said it was also in talks with telecom service providers in Europe, Australia and other overseas markets, with plans to launch commercial 5G products next year

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OPPO
OPPO unveils 5G prototype of Find X smartphone. (Wikimedia Commons)

Chinese smartphone maker OPPO said it showcased in China a 5G prototype of its flagship Find X smartphone.

The OPPO Find X 5G prototype, powered by Snapdragon 855 and X50 5G modem, was unveiled at the 2018 China Mobile Global Partners Conference, which was held here from December 6-8.

“We are confident OPPO will be one of the first companies to launch commercial 5G smartphones in 2019,” said Brian Shen, OPPO Global Vice President and President of China Business.

OPPO said it would work together with industry partners worldwide to develop a new 5G ecosystem.

At the event, OPPO, chip-making giant Qualcomm and Keysight Technologies Inc., a leading electronic measurement company, demonstrated 5G data connectivity and applications including browsing, online video replay and video call using the Find X 5G prototype, the handset maker said.

OPPO
OPPO said it would work together with industry partners worldwide to develop a new 5G ecosystem. (IANS)

The OPPO Find X flagship smartphone was launched earlier this year.

In building a 5G ecosystem, OPPO said it would continue deepening its collaboration with Qualcomm, network infrastructure manufacturers, telecom service providers and other supply chain partners.

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In China, OPPO is in a strategic partnership with China Mobile to accelerate the commercialisation of 5G devices and build a new ecosystem for the 5G industry through China Mobile’s “5G Device Forerunner Initiative”.

OPPO said it was also in talks with telecom service providers in Europe, Australia and other overseas markets, with plans to launch commercial 5G products next year. (IANS)