NVIDIA Stock – Oppo expands Latin America biz by entering into Chilean, Columbian markets, Telecom News, ET Telecom
Globally the third-largest smartphone brand, this expansion follows a series of achievements in Mexico which began in 2020 when Oppo first entered the Latin American market, an official statement said.
“Latin America represents an important role in our global market development plans. With growing mobile Internet connectivity in the region and relatively high smartphone penetration rate – especially in Chile and Columbia – we are excited to be entering these new markets where we can bring our innovations to more users and partners,” said Scott Zhang, Overseas Business Lead at Oppo.
Since it first began international operations in 2009, Oppo has established its presence in more than 40 markets across 6 continents worldwide and collaborated with local partners to deliver its products and services.
According to the smartphone maker, it has formed partnerships with over 80 network operators in these markets, including América Móvil, Vodafone, KDDI, and Softbank.
“Since first tapping into the Mexican market in 2020, we had launched several products and have become one of the fastest-growing brands in the country, recording a growth of 78% between Q4 2020 and Q1 2021. This month, we are bringing our first Reno product, to Mexico, which will create even more choice for consumers here,” said Figo Zhang, CEO of Oppo LATAM.
Oppo said it will continue investing in the Latin American market, widening access to its products and services for more people across the world.