Squeezed by Huawei, Oppo Shifts Focus Overseas

Chinese smartphone-maker Oppo said it would focus on overseas markets as its sales in the increasingly competitive domestic market dropped by nearly one-fifth in the second quarter.

In the first nine months of this year, 40% of Oppo’s smartphone shipments went abroad, and the company expects this to rise to more than half in future, Wu Qiang, the head of the company’s global sales, told Caixin in an interview Thursday.