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China tech

China's Oppo bets big on 5G to challenge Huawei overseas

Smartphone maker looks to offset coronavirus impact at home

The coronavirus outbreak has created significant uncertainty for Oppo and others in the smartphone industry this year.

TAIPEI -- Chinese smartphone maker Oppo is rolling out its latest 5G flagship smartphone in an aggressive bid to grab overseas market share from Huawei Technologies and offset the impact of the coronavirus outbreak.

"We do see very significant impacts on sales due to the coronavirus outbreak. ... It's a big disruption to all the industry players," Allen Wu, president of global sales, told an online press conference on Friday. "For February, we saw a 50% year-over-year decline in sales."

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