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China's Oppo aims to boost phone sales 30% in 5G expansion

Rival to Huawei, Xiaomi and Vivo projects 150m in global shipments this year

An Oppo shop in Singapore: The Chinese brand had a roughly 8% global market share last year.   © Reuters

GUANGZHOU -- Chinese smartphone maker Oppo aims to grow global sales roughly 30% this year by releasing more 5G models, mainly in its home market.

Liu Bo, Oppo's regional president for China, told suppliers on Monday that the company expects to sell about 150 million smartphones in 2020, according to Chinese media outlets.

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