SHENZHEN, CHINA - Media OutReach - 15 August 2023 - OPPO today announced the 15 tech start-ups shortlisted for the Global Final Demo Event of the 2023 OPPO Inspiration Challenge following the successful completion of regional demo events in Boston, Shenzhen, and Bangkok earlier this month. The 15 start-ups and their innovations will meet in Singapore in October where they will compete for a spot in the global top 5.

The 2023 OPPO Inspiration Challenge received a total of 687 innovative proposals from 66 different countries and regions focusing on the two entry categories of "Inspiration for People" and "Inspiration for the Planet". Following a thorough evaluation process, the top 15 solutions in each region were selected to take part in three regional demo events in Boston, Shenzhen, and Bangkok.

Industry Experts Inspire Further Innovation

Hosted by OPPO Research Institute in partnership with the Harvard GSAS Entrepreneur Community, the first regional demo event of 2023 OPPO Inspiration Challenge was held at the Harvard Club of Boston on July 27. During the event, 15 selected start-ups from Europe, the United States, and Israel pitched their solutions to the judging panel. Following their pitches, entrants also had the opportunity to engage in in-depth technical discussions with Jason Liao, Head of OPPO Research Institute, and executives from Harvard Business School and investment institutions.

On July 31, the second regional demo event took place in Shenzhen in partnership with the China University-Enterprise Collaboration Innovation Alliance (CUEC). OPPO Vice President and President of China Market, Bobee Liu, and the Head of OPPO Health Lab, Leo Zeng, both attended the event, where they were joined by other judges from Qualcomm Ventures, Amazon Web Services, GSMA 5G IN, and Beihang Investment. During the event, attending media and guests also voted for the winners of the "Media Choice" and the "Virtuous Innovation" awards.

The last regional demo event took place in Bangkok on August 7. In partnership with one of the APAC region's most influential universities – Chulalongkorn University – OPPO also invited experts from Amazon Web Services and Deloitte to participate in the judging process. Professor Kaywalee Chatdarong, Vice President of Chulalongkorn University said in her closing remark that "Chulalongkorn University is honored to be OPPO's regional partner. Together, we envision a future full of possibilities and innovations for our nations and the global society."

15 Innovative Solutions Shortlisted for Global Final Demo Event

Based on the four criteria of feasibility, innovation and originality, long-term potential, and social value, the professional judging panels from each of the three regional demo events have now selected their top 5 respective proposals to make up the shortlist of 15 entrants that will compete in the global final of 2023 OPPO Inspiration Challenge. Together, these solutions and the start-ups behind them are leveraging the power of digital health, accessible technology, and sustainability to build a better world for all.

For more information about the 15 finalists and join People's Choice Award to vote for your favorite innovative proposals, please visit https://www.oppo.com/en/proposal/finalists-2023/.

To further facilitate the development of the proposals via internal and external collaboration, OPPO will partner with KPMG to hold the Acceleration Camp prior to the Global Final Demo Event. During the camp, senior executives from OPPO will join technology experts, investors, and industry partners to provide assistance to the top 15 global start-ups. Following this, the top 5 winning solutions will be selected at the Global Final Demo Event. Each winning start-up will be awarded a prize of US$50,000 along with opportunities to help further build their ideas, including productization and commercialization opportunities, strategic partnerships, investment, and exposure at global technology events. Together with its partners, OPPO aims to empower global entrepreneurs and technology professionals to bring innovative solutions to life.

For more details about the Global Final Demo Event and the 2023 OPPO Inspiration Challenge, please visit https://www.oppo.com/en/proposal/.

Hashtag: #OPPO

The issuer is solely responsible for the content of this announcement.

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone - "Smiley Face" - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.