Around the world

OPPO flash sales in India

Chinese smartphone maker OPPO, which has lost ground to Xiaomi in the Indian market, is looking to follow its Chinese rival’s marketing playbook with plans to hold its first online flash sale in the country early next week.

OPPO, which launched a new flagship smartphone on Monday in India – its biggest market outside China – plans to hold an online flash sale for the device on April 2.

Similar marketing tactics help lift Xiaomi to be the No.1 smartphone seller in India in the final quarter of 2017, a position that Samsung Electronics Co had held for years.

“We are learning from other brands,” Will Yang, OPPO’s brand director in India, told Reuters on Monday on the sidelines of the F7 smartphone launch event in Mumbai.

The new OPPO F7, priced at 21,990 Indian rupees ($339) for the 64 GB variant, will be sold via the flash sale on Flipkart.

Amperex-Daimler deal

Contemporary Amperex Technology has become the global lithium-ion battery supplier for German carmaker Daimler, Chinese news site caijing.com reported Tuesday, citing sources familiar with the matter.

The Chinese company declined to comment on Tuesday.

Daimler chairman Dieter Zetsche said on Sunday that the company signed an agreement with a Chinese supplier without identifying it, read the report.

Mineral water in Armenia

The Armenian Ministry of Economic Development & Investments said on Monday that Minister Suren Karayan had met with representatives of Chinese company New Idea, which aims to produce mineral water in the former Soviet republic.

The Chinese business delegation expressed confidence in the venture because of the high quality of mineral water in Armenia.