Source: China’s phone giant Oppo disbands chip design unit as shipment slumps
Summary
Chinese smartphone giant Oppo is to shut down its chip design unit Zeku due to weak demand, following a significant decline in global smartphones shipments of 13% in Q1 2023. The leading smartphone manufacturer’s decision to cease operations comes despite expectations that the company was looking to increase its in-house chip development to counteract rising geopolitical tensions with the US, which pose a threat to Chinese firms reliant upon key suppliers.
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