Oppo Plans USD 1.5 bn Investment in R&D With Focus on 5G; to Ramp up India Hiring
The company said it would be ready for trial in India from the second quarter; however, telecom operators will have to decide on a timeline for tests.
Chinese smartphone maker Oppo Mobiles on Saturday said it plans to invest USD 1.5 billion in research and development this year with a focus on developing 5G as it unveiled its first smartphone on the next generation technology.
"Our 2019 R&D investment is budgeted at USD 1.5 billion, focusing on 5G, artificial intelligence, imaging, new material and product form design, as well as flash charging," Henry Tang, Director of Standards for Oppo, told reporters here.
The company also has plans to increase Indian R&D centre headcount by over three folds to 500 in two years.
"Currently, India R&D contributes to the development of mobile systems, camera and network related technologies including in 5G. We have around 160 people right now in India R&D which we will be increasing to 500 by the end of next year," Tasleem Arif, VP and R&D Head, Oppo India, said.
Fill out the form and a member of our team will get back to you shortly. Usual response time 1-2 hours.
The company said it would be ready for trial in India from the second quarter; however, telecom operators will have to decide on a timeline for tests."We will be ready with the 5G smartphone in the second quarter for trials in India. We are in discussion with all the three operators - Reliance Jio, Airtel and Vodafone Idea. They will have to decide on trials, " Arif said.
Meanwhile, the company announced its partnership with four global telecom operators — Swisscom, Optus, Telstra and SingTel.
Henry Tang, Director of Standards for Oppo, said the company had started field trials with some of the operators.
Oppo has partnered with Qualcomm for developing 5G smartphone on its chipset.
"It (the partnership) will bring 5G to commercial reality in 2019. We are going to bring the first Oppo 5G smartphone to the industry. We are doing everything...to make Oppo a leader in 5G and we expect that this collaboration is only going to increase, Cristiano Amon, President, Qualcomm, said.
Up to 15% Returns on Investment
Fixed return investments fully backed by properties.
*15% p.a. paid at the end of the term on capital gain option*
Submit your email address and a member of our team will contact you shortly. Usual response time is 1-2 hours.
Thailand is to become the most Pro-Cannabis Country in AsiaWith the Thai King’s recent decree bringing Asia’s first medical marijuana law into force, advocates for the drug see it becoming a new cash crop for export. Full legalisation of marijuana is a manifesto...
Thai Cannabis Industry sprouting New Investment Opportunities Policy to allow every Thai household to grow six marijuana plants for sale to the government is starting to take root.Thailand has built what’s being described as the biggest industrial-scale medical...
3,000 rai of land reclaimed | 330Billion Baht Investment A significant boost for the EEC and Si Racha District US energy company Exxon Mobil is committed to spending roughly 330 billion baht on its ethylene cracker and refinery expansion project in Si Racha District,...
UP TO 15% PER YEAR FIXED RETURN
3 year investment plan, ideal for first-time investors.
Flexible Payment Options
Option to receive interest payments monthly or quarterly.