Oppo Set to Allocate USD 143 Million to Boost Operating Ecosystem

By Tanya Aneja

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  • The company also announced “developer support programme Gravity Plan 2.0, for which OPPO will allocate about USD 143 million in 2020
  • Oppo plans to invest RMB 50 billion (USD 7 billion) into R&D spending in the next three years

According to a report by PTI, Oppo is all set to allocate USD 143 million in 2020 for supporting developers across the globe to boost its operating ecosystem.

Henry Duan, Vice President, Internet Services, Oppo informed the news daily that with the help of ColorOS, which is available in more than 140 countries and regions around the world, the ‘Gravity Plan 2.0’ will build on last year’s plan to provide sustained and all-round support to partners in the four major fields of applications, services, content and going global.

The company also announced “developer support programme Gravity Plan 2.0, for which OPPO will allocate RMB 1 billion (about USD 143 million) in 2020” which will majorly focus on Asian markets including India, the company said in a statement.

USD 7 billion investment in research and development

The report mentioned that the company announced a USD 7 billion investment in research and development over the next three years to develop core technologies in hardware, software and system in addition to 5G, artificial intelligence, augmented reality etc.

“Oppo understands India as their key market and aims to reach out to the large talent pool of innovators, developers, and partners,” the company said in a statement.

“Oppo plans to invest RMB 50 billion (USD 7 billion) into R&D spending in the next three years to develop core technologies in hardware, software and system in addition to 5G, AI, AR, big data and other frontier technologies,” the statement added.