In order to prepare itself for the technology in the era of 5G, smartphone maker OnePlus will invest nearly $30 million to upgrade and improve its 5G research and development laboratory，163.com said citing a report on Thursday.
The report states that these funds will be used for the development of technologies in radio frequency circuits, antennas and multimedia.
OnePlus mobile phone was founded by Pete Lau. Over the past few years, the brand has risen against the cruel global smartphone market competition and maintained steady growth, successfully occupying a place in the high-end smartphone market.
"5G is the top priority of our product strategy," Liu Zuohu said in the report. "For many years, we have been investing in 5G. According to users' daily habits, such as cloud games, cloud video and cloud storage services, we plan to further develop application solutions.
In an interview on Tuesday, Liu Zuohu confirmed that the next wave of mobile phones launched by OnePlus will include 5G smartphones.
Last summer, OnePlus released its first 5G smartphone, the OnePlus 7 Pro.
