Smartphone maker Oppo expects its Reno 10 sequence gross sales quantity to be 83 % increased in India in comparison with the earlier model, a senior official of the corporate stated on Monday.
The firm expects Reno 10 sequence to set the tempo of enterprise throughout the upcoming festive season.
“We are looking at an 83 percent increase in the overall volume of sales of the Reno 10 series versus the previous generation. That is the aggressive target that we have set for ourselves,” Oppo India chief advertising officer Damyant Singh Khanoria stated at an organization’s occasion.
At the occasion, the corporate unveiled three 5G smartphones — Reno 10 5G, Reno10 Pro 5G and Reno10 Pro+ 5G within the value vary of Rs. 39,999 to Rs. 54,999.
In this model of Reno smartphones, the corporate has focussed on a devoted digicam for a telephoto portrait and quick charging. The telephoto sensor’s capability within the Reno 10 sequence is within the vary of 32-megapixel to 64-megapixel.
The newest model of the Reno 10 sequence has come after a spot of round one and half years. The firm had launched the Reno 8T sequence in February final yr.
Khanoria stated India continues to be a supply of power for the corporate and it has seen progress this yr.
Talking about market situations, he stated that Oppo has been gliding by regardless of challenges available in the market.
“It’s probably true for the industry overall. It has been a tough year for the industry. Yes, there are headwinds, economic challenges but specifically from an India standpoint we have had a series of amazing successful launches. We feel this is going to be one of the best years for Oppo in India,” Khanoria stated.
According to CounterPoint Research, Oppo recorded a 9 % progress year-over-year and occupied fourth spot with market share of 12 % within the March 2023 quarter.
The model has been persistently increasing its shipments within the high-tier segments, with a specific deal with the higher mid-tier vary (Rs. 20,000-Rs. 30,000), the place it noticed the very best progress amongst all manufacturers, registering 144 % YoY progress pushed by the F sequence.