Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Oppo Plans USD 1.5 bn Investment in R&D With Focus on 5G; to Ramp up India Hiring

The company said it will be ready for trial in India from the second quarter; however, telecom operators will have to decide on timeline for tests.

PTI

Updated:February 23, 2019, 11:22 PM IST
facebookTwitterskypewhatsapp
Oppo Plans USD 1.5 bn Investment in R&D With Focus on 5G; to Ramp up India Hiring
Representative Image (image: News18.com)
Loading...

Barcelona: Chinese smartphone maker Oppo Mobiles on Saturday said it plans to invest USD 1.5 billion in research and development this year with 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 in 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.

The company said it will be ready for trial in India from the second quarter; however, telecom operators will have to decide on timeline for tests.

"We will be ready with 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 has 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.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Maruti Suzuki 6,190.95 3.48
Indiabulls Hsg 521.40 -2.88
Yes Bank 71.20 -7.11
Reliance 1,275.95 -1.29
Mahanagar Gas 848.60 7.83
Company Price Change %Gain
Maruti Suzuki 6,198.75 3.75
United Spirits 578.10 -1.36
HDFC 2,090.80 -1.10
Indiabulls Hsg 521.45 -2.81
HDFC Bank 2,222.00 0.69
Top Gainers
Company Price Change %Gain
Maruti Suzuki 6,190.95 3.48
Tata Motors 123.85 2.52
Infosys 792.75 1.94
HCL Tech 1,084.00 1.87
Dr Reddys Labs 2,554.60 1.81
Company Price Change %Gain
Maruti Suzuki 6,198.75 3.75
Tata Motors 123.80 2.53
Infosys 792.90 1.94
HCL Tech 1,083.85 1.87
M&M 527.90 1.44
Top Losers
Company Price Change %Gain
Yes Bank 71.20 -7.11
Britannia 2,393.50 -3.43
UltraTechCement 4,033.05 -3.01
Indiabulls Hsg 521.40 -2.88
Eicher Motors 15,895.75 -2.71
Company Price Change %Gain
Yes Bank 71.25 -7.11
IndusInd Bank 1,404.75 -2.36
ITC 246.55 -2.01
Coal India 195.25 -1.91
Axis Bank 672.20 -1.87

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results