China’s Oppo sees AI driving demand, not worried about a bubble

Chinese smartphone maker Oppo is seeing signs of new artificial intelligence features in phones helping boost demand in China and is upbeat about growing in Europe, unfazed by the risk of an AI bubble in the industry, a top executive said on Tuesday.

Oppo’s chief executive for Europe, Elvis Zhou, told Reuters its observation of the Chinese market had led it to believe that “AI will drive people to think about replacing their phones”.

“So we believe that with AI, we will see that the overall market will also grow in the smartphone industry,” he said,…