Plus   Neg

Vodafone In Deal To Offer OPPO Products To European Markets - Quick Facts

Vodafone Group Plc (VOD.L,VOD) announced Monday a comprehensive partnership agreement with China's smartphone maker OPPO. Under the deal, Vodafone will offer a broad range of OPPO's smartphones to its European customers starting from May 2020.

Vodafone said that OPPO, with advanced 5G technology know-how and annual handset shipments of more than 100 million, is a natural partner for its gigabit network. The collaboration is expected to give Vodafone consumers more choice and accelerate 5G adoption across its international markets.

OPPO's products including 5G flagship smartphones such as the OPPO A series, Reno series and Find X series will be made available across Vodafone's retail and online channels.

In the first phase of cooperation, Vodafone will introduce OPPO products across retail channels in Germany, United Kingdom, Spain, Portugal, Romania, Turkey and the Netherlands.

OPPO's most of the manufacturing facilities have resumed normal operation amid Coronavirus outbreak. It is expected that even during the crisis, OPPO can continue to provide products to Vodafone and ensure business continuity.

While physical retail is currently constrained, both companies will develop online sales channels.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Sundial Herbal Products has recalled around 65 products, which were misbranded and currently unapproved drugs, the U.S. Food and Drug Administration said in a statement. The recall follows an order by a federal judge in June to stop distributing the company's unapproved new drugs. The affected items include herbal products and dietary supplements. Amid the worsening coronavirus pandemic and mounting costs, banking major Wells Fargo & Co. is preparing to cut thousands of jobs starting later this year, Bloomberg Law reported. Citing people with knowledge of the confidential talks, the report noted that executives are drafting plans that may ultimately eliminate tens of thousands of positions from its about 263,000 workforce. KIND Healthy Snacks is recalling a limited number of Oats & Honey Granola pouches citing the presence of undeclared sesame seeds, the U.S. Food and Drug Administration announced. The recall involves KIND Oats & Honey Granola with Toasted Coconut. Sesame seeds, a known allergen, is not listed as an ingredient in the product, instead, the label lists "sesame seeds" under the "May Contain
Follow RTT