OPPO CEO Chen Mingyong invest 50 billion in the next 3 years

OPPO founder and CEO Chen Mingyong, who has always been low-key or rarely appeared in public, made a speech.

Chen Mingyong revealed in his speech that OPPO hopes to become a world-class technology company. In addition to building better products, it is more important to develop core technologies. OPPO’s total R & D investment this year is 10 billion RMB. In the next three years, OPPO’s total R & D investment is expected to reach 50 billion RMB.

This year is the 11th year that OPPO has made mobile phones. Chen Mingyong stated that OPPO’s pursuit of products lies in design and innovation. Without design, there is no beauty. Without innovation, there is no breakthrough.

Chen Mingyong said that OPPO is not just a mobile phone company. Artificial intelligence, IoT, big data, and smart phones are the most important carriers for OPPO to serve users.

Therefore, OPPO will build a multi-entry ecology in the future. It may launch more peripheral entry products related to mobile phones in the near future, such as headphones, watches, smart screens, etc., but it will still focus on the most important entries.

Chen Mingyong said that OPPO’s IoT strategy is to focus on the core entrance and build an open ecology. It only makes some core products, and more of them are open protocols to partners.

At the same time, he emphasized that in the future OPPO will definitely not do all scenes and all business.

“First, we did not have the ability to earn all the money from the social pockets. Second, this did not conform to OPPO values. OPPO values ​​are the duty. Isolate external forces and insist on the right things. We must first altruism. Mingyong mentioned.

In addition, Chen Mingyong also revealed that OPPO’s total investment in R & D this year exceeded RMB 10 billion. In the next three years, OPPO’s total R & D investment is expected to reach 50 billion yuan, and the most important investment will be in the core hardware underlying technology and software engineering architecture. (Quietly)

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