On a fan community page on Chinese social media platform Weibo, hundreds of users have posted comments and pictures, some covered in little red hearts, to express their admiration for a star they affectionately call Kun Kun. “Kun Kun flies bravely, iKun will always follow him; Kun Kun never gets old, and will remain a blue-chip till the end,” some users wrote alongside the picture. “Kun Kun,” whose full name is Zhang Kun, is neither a pop star nor actor. Instead, he is one of China’s most prominent fund managers who oversees around 120 billion yuan ($18.6 billion) in assets at E Fund Management, an established Chinese asset management firm. Zhang’s followers, who label themselves “iKun,” (“i” is a homophone for the Chinese word love), have also created accounts on Weibo posing as his “global fan clubs.” “Kun Kun, I would like to accompany you for many, many years,” a follower wrote. “Let’s witness both the bull and bear markets, but still return with young hearts.” ...
As a part of the ‘Make in India’ program, Oppo is planning to manufacture 100 million smartphones in India next year. The Make in India process offers the companies a large number of subsidies and tax breaks for setting up manufacturing units in India.
The Chinese firm is planning to manufacture the phones in India by the end of 2020 and bring about world-class technology to meet the needs of Indian customers. Oppo is focusing on new technologies like 5G and Internet of Things(IoT) and has already started working on the 5G offerings and it will be released as soon as 5G networks become available in India. They have an R&D facility in Hyderabad.
But it is still unclear about when the 5G technology will be introduced in India and according to recent news, it might take several years.
According to Tasleem Arif, Vice President, Oppo India, “ India is a promising market when it comes to rolling out of 5G. India’s new national digital communication policy(NDCP), presents a positive vision for the industry and the country, with the goal of creating a digital infrastructure that supports the next generation of digital services”.
Oppo is also planning to invest $7 million in India to make it’s market presence better in the country. Their R&D facilities will focus on building core technologies in hardware and software as well as frontier innovations such as 5G/6G big data cloud computing and augmented reality.
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