Electronic manufacturer Oppo on
Wednesday announced its plans to set
up a smartphone handsets
manufacturing unit in India by August
this year focusing on the growing
demand in the Indian market.
"India is the top priority in our expansio
plans in South Asia this year. We have
received tremendous support and
appreciation from the customers and it i
now time to reciprocate the feeling," said
the company's vice president Sky Li.
"The smartphone boom in India indicate
the time is just right to focus on
expansion plans and increasing volume
in India to a comparable level with the
China market in the next five years," Li
said in a statement.
"This year will be a year of expansion for
us. We are already among the top three
players in Indonesia, with more than 11
percent market share. Similarly we have
13 percent in Vietnam and almost 11
percent in Malaysia. Globally, we plan to
sell more that 15 million units this year."
Oppo , which has presence in North
America, Europe and Asia, entered the
Indian market in January 2014, aiming
for rapid growth and expansion across
target markets in India.
"Oppo will focus on setting up a state-
of-art facility to manufacture world-clas
smartphones for key Indian audience as
well as key markets overseas," Li said
adding that sales and service points will
be speeded up.
"We have sold around 400,000 devices i
India and are targeting 1.5 million units
this year. Oppo India has plans to
expand more service centres this year. A
of now, we have 120 service centres
across India and are targeting to open
200 service centres by end of 2015," he
added.
http://m.gadgets.ndtv.com/mobiles/news/oppo-to-set-up-smartphone-assembly-unit-in-india-by-august-696763
