CaixinOppo's chipmaking hopes dashed by slow progress, internal strife
No room for error as domestic market saw sales contract sharply in 2022
Oppo's chief technology officer blamed "the grim situation surrounding the global economy and smartphone industry" for the shutdown of its chipmaking arm Zeku. © Reuters
ZHAI SHAOHUI, QIN MIN, LIU PEILIN and DING YI, Caixin
Oppo abruptly shut down its chipmaking arm Zeku, blaming global economic uncertainties and a weak smartphone market. But slow progress in developing an application processor chip and poor collaboration between departments may have spelled the unit's end, Caixin has learned.