<p>➀ OPPO has expanded and upgraded its production facility in Tanggerang, West Jakarta, which is capable of producing 2 million phones per month when fully operational, covering a full range of products from economy to high-end, and creating 1,200 local jobs.</p><p>➁ As the second-largest factory of OPPO globally and its largest overseas production base, the Indonesian factory plays a crucial role in OPPO's internationalization strategy. The expanded factory will have an additional annual production capacity of 24 million units.</p><p>➂ OPPO currently holds a 20% market share in the Indonesian smartphone market, ranking first. However, competitors such as vivo and Xiaomi are also actively expanding in the region, targeting the growing young and tech-savvy consumer base.</p><p>➃ OPPO has established production bases in countries such as India, Indonesia, Turkey, Pakistan, Bangladesh, Egypt, and Brazil, and sells products through over 300,000 retail points in more than 70 countries and regions. Overseas markets account for about 60% of OPPO's smartphone shipments, with Southeast Asia and Latin America (such as Brazil and Argentina) as its main growth engines.</p>
Related Articles
- Hims & Hers Health: Still Undervaluedabout 2 months ago
- U.S. IPO Weekly Recap: Quiet Week As IPO Market Gears Up For A Busy Fallabout 2 months ago
- Bochum University of Applied Sciences Releases New Internationalization Strategy2 months ago
- The Magnificent 7 Earnings Finale5 months ago
- Deep Dive Into Amazon's 2024 Shareholder Letter7 months ago
- KIT Launches Three New English Master Programs7 months ago
- Internationalization of the Ernst-Abbe-Hochschule Jena – New Perspectives for Students in the SpEEED Project7 months ago
- Why Nebius Is A High-Conviction Play7 months ago
- Nu Holdings: CEO Reveals Bold Plans (Rating Upgrade)9 months ago
- Palo Alto Networks Set To Penetrate A Potential $30B Market10 months ago