The Chinese-based mobile phone company, Oppo has now ingressed into the car-making sector. Even though Oppo has not officially declared the making of the car, Oppo is one among five smartphone mobile manufacturers which pinnacle in their respective fields, including Vivo, Xiaomi, Apple, Honor which shares a far-reaching market.
Vivo’s market share is 23.8%, Oppo’s market share is 21.1%, Xiaomi’s market share is 17.2%, Apple’s market share is 10.9%, and Honor’s market share is 8.9%. Oppo expanded its global market and set foot in 50 countries across the world. In 2020, the mobile phone brand shipped 16.5 million units with an 11% global market share. This leaves Oppo to stand at the podium. In 2019, Oppo shipped 115 million units respectively.
Oppo has captured the inevitable position in mobile phone brands. Oppo is enlarging their sectors in terms of considering the global market. They proclaim that the tech world is to be ventured. Oppo mobile brand is specialized in crafting irreconcilable mobile phones to synchronize immortal technology. It is said that Oppo has now made an elegant way to get into the car-making industry. Multiple reports on August 26 understandably confirm it, as it goes the tech giant Oppo gives on to Jiekai Technology’s 100 million yuan angel round of financing.
It drives that Oppo has invested a hefty amount in the automobile industry. Oppo has started to outlay the automobile industry. The report says they kickstarted the organization structure and outlook Oppo brushing up on the process to glorify shortly. In 2019, OPPO founder Chen Mingyong said at the OPPO Future Technology Conference that if the automobile industry didn’t make cars, the team OPPO would try to craft vehicles if we have the strength.
In May 2021, Oppo has submitted more than sixty patents, including “methods, devices, onboard equipment, and storage media for collision avoidance reminders,” “autonomous driving methods, devices, and vehicles for vehicles,” “Internet of Vehicles Communication Equipment, these are the cornerstone for automobile Industry. Oppo smeared patent rights in the year 2016 as most patent rights publications are concentrated in the year 2018, and 2019 could be a mineshaft to upcoming arrivals.
In June, OPPO smeared to register a new trademark, “Ocar,” internationally labeled as a scientific instrument. While considering this, Oppo’s investment far antecedes to the actual world they have been working relentlessly in the underground, it seems. It is said, Chen Mingyong, founder of OPPO, had a conversation for few hours with Zhu Wei, president of CATL China Passenger Car Division. Reports say they discussed automobile industries.
At the intelligent expo, OPPO and Changan signified the spanking new CS55PLUS chip structure. And also, they are planning to include a digital car key. It will be working as a touch-free sensor; consumers can unlock the car’s door without actually doing it all connected with a digitalized system. In addition, OPPO has unveiled the MAGVOOC, a piece of magnetic charging equipment that leaves the consumer to explore an unprecedented charging experience.
In August 2021, OPPO and SAIG group of companies signed an agreement for the automobile sector. It is said that two parties will become venturesome through various aspects of the ecosystemic automobile industry.
The tech giant, OPPO has joined with the eminent automobile industry to build Bluetooth-enabled automobiles. Astonishingly, the OPPO website pops up with a bit of expert advice on automobile sector questions that prodigy the OPPO industry. OPPO has lost track of the opportunity in the IoT business, and car-making has become OPPO’s new inventory to enlighten their business in the coming days.
They had a clear future vision on it. According to incomplete statistics, in January 2021, the global financing of electric vehicles has touched nearly US$12 billion, creating a financing record in the history of the automotive industry. There are few aspects to make a car in these days. Let’s look into the various editorial for car making covering intelligent driving, ingenious cockpit, smart electric, innovative network, and cloud services, and provide products for energy electrification, automobile intelligence, and driving unmanned. These could be the cornerstone for carmakers. Huawei is second to none to accomplish these things. If OPPO is deployed in the automotive field, it will have specific offline channels.
In December 2020, the company joined the renowned automotive industry to launch a “China Z World Shopping Car Tendency Survey.” The survey focused on Gen Z users as the primary survey object.
Whether OPPO builds a car or only develops patents to provide technology for car companies, it all lies up to the Chinese firm’s decision. Still, Chen Mingyong clearly said, “Even if you build a car, you will focus on the areas that OPPO can do well.” Currently, you will not produce a vehicle. If the car manufacturer can’t build a car and OPPO has this strength, it will try it in the future.