The Business Times
SUBSCRIBERS

Chinese billionaire who toppled Apple in China

Publicity-shy Duan Yongping flooded Chinese market with cheaper Oppo and Vivo phones

Published Mon, Mar 20, 2017 · 09:50 PM

Beijing

DUAN Yongping is convinced Tim Cook didn't have a clue who he was when they first met a couple of years ago. The Apple boss probably does now.

Mr Duan is the reclusive billionaire who founded Oppo and Vivo, the twin smartphone brands that dealt the world's largest company a stinging defeat in China last year. Once derided as cheap iPhone knockoffs, they leapfrogged the rankings and shoved Apple Inc out of the top three in 2016 - when iPhone shipments fell in China for the first time.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here