Oppo to Close Chip Design Business Amid Extended Global Smartphone Market Decline: Details

Oppo to Close Chip Design Business Amid Extended Global Smartphone Market Decline: Details

Oppo, China’s biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends a prolonged decline. The Dongguan-based phone maker becomes one of the first major Chinese tech firms to retreat from the chip sector, after a wave of investment in past years by electronics…