OPPO has decided to terminate its ZEKU chip design business
2023-05-15
Today afternoon, OPPO stated that in the face of uncertainty in the global economy and mobile phone market, the company needs to make corresponding strategic adjustments. After careful consideration, the company has decided to terminate the ZEKU business. OPPO said, "This is a difficult decision, and we will handle the relevant matters properly and continue to do our best to create value for our products
According to internal information from Zheku Technology, Zheku Technology (Shanghai) Co., Ltd. and its wholly-owned subsidiaries and branches will be dissolved from May 12th, and all labor contracts will be terminated. For fresh students who have not yet started their job and registered, they can choose to join other departments of OPPO or accept compensation of "N+3".
It is reported that OPPO established its subsidiary Shoupu Technology (Shanghai) Co., Ltd. in 2019 with the aim of expanding its self-developed chip field. In July 2020, it was renamed Zheku Technology (Shanghai) Co., Ltd. (ZEKU). ZEKU chip company covers product lines including core application processors, short range communication, 5G modems, RF, ISP, and power management chips.
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