OPPO plans to spend over $1.5 billion on R&D in 2019

July 18, 2019 • Internet of Things, Mobile and Telecoms

OPPO plans to spend $1.5 billion on R&D in 2019

OPPO plans to spend $1.5 billion on Research and Development in 2019.

OPPO, the Chinese mobile telecommunications company, announced on Thursday, 18 July 2019, that it will spend around US$1.46 billion on R&D 2019.  The company says it plans to establish a new research and development centre in order to accelerate its R&D capabilities and innovations in the emerging era of intelligent connectivity.

OPPO’s new Chang’an R&D centre is expected to house 5,000 R&D personnel upon completion and will also be responsible for the R&D, design and testing of a range of smart devices, including smartphones and IoT products. 

The R&D is said to support OPPO’s mission of providing cutting-edge smart devices and services for the era of intelligent connectivity.

Andy Shi, President of OPPO MEA says, “we are very pleased to officially break ground on OPPO’s new Chang’an R&D centre. It will play a strategic role in OPPO’s R&D endeavours, further enhancing the core technological capabilities of the company and accelerating the implementation of our R&D strategy and objectives”.

“The project will be built to the highest industry standards and we will spare no effort in making the new R&D centre a masterpiece initiative in the Guangzhou-Shenzhen Science and Technology Innovation Corridor, helping to bolster the development of the Guangdong-Hong Kong-Macao Greater Bay Area”.

Edited by Jenna Cook

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