- They may open it in Bengaluru
- Oppo had a share of 11.8 per cent in Q3 in the Indian smartphone market
According to a report by ET Telecom, Oppo is set to open its second R&D centre in India. The company currently has one R&D centre in Hyderabad.
Alen Wu, Oppo’s Vice President and President of Global Sales, informed that they are looking to open another R&D centre in India. They may open it in Bengaluru.
Growth of over 60 per cent in India
Wu told the news daily that in terms of revenue, they are doing good in India. So far, in 2019, they have witnessed a growth of over 60 per cent in India and the number will go up by the year-end. He added that country like India is always significant to the company.
Invest $7 billion in research and development
Oppo Founder and CEO Tony Chen announced at the event that the company would invest $7 billion in research and development in the next three years to develop core technologies in hardware, software and system in addition to 5G/6G, Artificial Intelligence (AI), augmented reality (AR), Big Data and other emerging technologies.
Chen further stated that Oppo has been more than just a phone maker from the outset. In fact, smartphones have simply been a gateway for the company to deliver a diverse portfolio of technological services.
As per market research firm IDC, Oppo had a share of 11.8 per cent in Q3 in the Indian smartphone market.