"Oppo" increases the intensity of competition with Apple with its proof of growth outside China

The Chinese smartphone business “Oppo” wants to grow in foreign markets, looking for new sources of income in light of the slowdown in the economy in its local market, and the confrontation with intense competition. The company, which is the fourth largest smart factory worldwide, hosted its latest luxury phones to the global markets, “Find X8”, in Bali, Indonesia on Thursday. Billy Chang, Vice President for Marketing, Sales and External Services, indicated that the company is open to expanding its manufacturing network outside China, but that no specific plans have been revealed. “We can quickly meet the needs of local customers thanks to our strong manufacturing capabilities,” Zhang told reporters during a tour of tourist island. He explained that “manufacturing in Indonesia is already part of our system, that we employ many local workers.” Oppo competes with Apple, and Zhang emphasizes the important role of Indonesia in Oppo expansion plans, as the largest country in Southeast Asia wants to pay more multinational businesses to invest, and add local manufacturing operations. Apple is one of the competitors who wants to grow with more than 270 million people in the country because it has increased its local investment plans to satisfy the government, and persuaded it to lift the sales ban on the US company’s phones, iPhone 16. The list of ‘Oppo’ competitors in Indonesia also includes Chinese companies such as ‘Vivo’ and ‘Xiaomi’, as these companies target the young and interested in the largest economy in the largest economy in Southastal Asia. In his motherland, Oppo has decreased this year with the acquisition of ‘Huawei’ and ‘Xiaomi’ greater momentum. Oppo has factories in India, Indonesia, Turkey, Pakistan, Bangladesh, Egypt and Brazil, and allows its products through more than 300,000 selling points in more than 70 markets. External markets form about 60% of their shipping smartphones, with countries in Southeast Asia and Latin American countries, such as Brazil and Argentina, the wheel of their growth paid, as the company said in a statement.