Oppo to invest USD seven billion in R&D centres
Wednesday, 11 Dec 2019Share this on :
Oppo is considering setting up a research and development (R&D) centre in Bengaluru, Karnataka. The company is also expanding its Hyderabad R&D centre. The company will invest USD seven billion in the next three years across countries to build technology leadership.
Besides localising features, the R&D facility at Hyderabad will also assist Oppo to create globalised features for smartphones and other devices. Oppo, which has taken a lead in launching 5G smart phones in China, will have to wait till commercialisation of 5G services to launch phones in this category in India.
The manufacturing unit at Kasna in Greater Noida, Uttar Pradesh, has an ongoing investment of Rs 2,200 crore and currently manufactures 50 million smartphones annually and is expected to double the production by 2020.
The company has also announced investment of Rs 3,500 crore to set up an electronic manufacturing centre in Greater Noida with annual production capacity of two lakh products.
The company has also announced an R&D budget of RMB 50 billion for the next three years to develop core technologies in hardware, software and system, in addition to 5G/6G, AI, AR, big data and other frontier technologies. Oppo will launch a new line of smartwatches, smart wireless headphones and 5G CPE products in Q1/2020.