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Oppo India MD Yi Wang resigns

He has played a crucial role in Oppo India's journey

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MUMBAI: Oppo Mobiles India MD Yi Wang has resigned from his position with effect from 30 November 2018. The information has been confirmed by Oppo’s regulatory filing with BSE, which reads "In a captioned meeting, the Board of Directors of the company discussed and passed the resolutions with respect to the following - resignation of Yi Wang, MD of the company, with effect from 30 November.”

The company in an official statement revealed that Wang played a crucial role in the journey of Oppo since its entry in the Indian market.

The resignation comes amidst the increasing losses the handset maker is facing within India. It reported a net loss of Rs 7.8 billion for the half year ended 30 September 2018.

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