The Digital Source For China's Tech Innovation Since 2000

Search
Close

Chinese smartphone giant Oppo cuts jobs after going up against Apple

September 17, 2021
Source: fntalk.com fntalk.com
News Snapshot:
SHENZHEN (BLOOMBERG) – Smartphone maker Oppo is cutting around 20 per cent of staff in key software and device teams after it merged operations with affiliate OnePlus, the first major consolidation in a Chinese mobile industry struggling with chip shortages and Covid-19-triggered economic shocks. Oppo, which in 2016 became the country’s top-selling brand, is retrenching after expanding too rapidly on the hiring front in recent years and attacking a premium segment dominated by Apple, sources familiar with the matter said. The cuts affect important units including a team that customises Android into its in-house ColorOS, and an Internet of Things...
Go To Original Source →
Tags: Android | Apple | ASIA | Bloomberg | brand | Chinese | Covid-19 | Economy | Europe | finance | Gadgets & Electronics | Guangdong | Huawei | India | Internet | mobile | retail | Samsung | Sanctions | Shenzhen | smartphone | Software | technology | United States | Xiaomi

Other Related News:

Russian founder of cryptocurrency exchange arrested in Miami, accused of dealing with dirty money as part of "high-tech axis of crypto crime"

January 19, 2023

Bitzlato crypto exchange founder charged with illegal transfers of $700 million

January 19, 2023

Big Tech braces for dismal profits, more job cuts

January 19, 2023

Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

January 19, 2023

A Drive to Understand National Capabilities in Critical Technologies The New York Times

January 19, 2023

Texas universities ban TikTok

January 19, 2023

Law Firm Investigating Diablo Immortal For False Advertising

January 19, 2023

PREVIEW-Big Tech braces for dismal profits, more job cuts

January 19, 2023

Formula 1 Carbon Footprint Slammed After 2023 Calendar Release

January 19, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter