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After triple-digit growth globally, OPPO raises stakes in Kenya

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OPPO is expanding its mobile phone business in Kenya as part of its global strategy to accelerate growth in various markets globally. OPPO had a strong finish in 2016, growing 133 percent in the global smartphones market, according to the latest results from independent research firm IDC. Consequently, OPPO accounted for 6.8 percent of the global smartphone market in 2016, and had four straight quarters of more than 100 percent year-on-year growth.

The smartphones maker, which is now ranked fourth globally in terms of sales, is seeking to replicate this success in Africa, particularly Kenya, which it says is one of its key markets on the continent. In Kenya, OPPO will be serving the mid-range budget segment as well as the high-end customers looking for highly sophisticated gadgets.

Mr Andrew Peng, OPPO Kenya CEO, says the company has been accelerating its global expansion since last year, extending its business to 26 countries. He said OPPO has established a marketing centre in Egypt to support expansions in Kenya, other African markets as well as the Middle East.

The OPPO mobile brand entered the Kenya market silently last year, and has been making inroads in the highly competitive market, riding on its highly-developed camera technology. The company expects to double its market share this year.

Mr Andrew said is a growth market in smartphones and would be used to venture into the larger East African market. According to Communications Authority of Kenya (CA), mobile subscription has hit 90% mark, with about 40 million Kenyans connected to a mobile network. “This presents a huge market for smartphones in Kenya and with the economy growing, we expect steady demand for phone across the various budget segments,” said Mr Andrew.

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OPPO is the No. 1 smartphone brand in China with 16.8 percent market share, and the world’s fourth best-selling smartphone brand, according to IDC, boosted by its premium, camera-centric phones.

OPPO has rapidly expanded globally and has a presence in 28 global markets. In Southeast Asia, OPPO has risen to No. 2 in the region over the past two years, according to IDC. In India, OPPO’s share in the offline market rose from 1.2 percent in 2015 to 10.9 percent, as of December 2016, as reported by research firm GfK.

OPPO has focused on being a leader in mobile photography. “We are putting a stake in the ground in terms of technological breakthroughs for mobile photography,” he said. The company has lately introduced smartphones with dual cameras armed with wide-angles and telephoto lens, together with the periscope-style construction.

On Monday, at the Mobile World Congress (MWC) 2017, OPPO launched the groundbreaking “5x Dual Camera Zoom” technology, the world’s first periscope-style dual-camera technology for smartphones, as the firm pushes the limits in mobile camera possibilities.

 

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BT Correspondent
BT Correspondenthttp://www.businesstoday.co.ke
editor [at] businesstoday.co.ke
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