OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).
ZEKU’s 3,000-plus employees were caught by surprise.
An employee revealed that the company issued a notice after work, announcing a day off for the next day due to a major system upgrade, but a mandatory monthly online meeting. That’s when the announcement was made, reported Chinese media.
ZEKU, established in 2019 with the mission to develop self-reliant chips, is a 100 percent wholly owned chip design subsidiary of OPPO.
Headquartered in Shanghai, ZEKU developed branches in Chengdu, Xi’an, as well as the United States and Japan….