For Zheng, Yongping has been his greatest inspiration. And he meant every bit of it as they go a long way back. Zheng, who lived close to Duan in those days, began to help Duan in his business. In , when Zheng had to choose between working for Microsoft or Google, it was Duan who suggested that Zheng work for Google, a relatively new company which was not even listed in the stock market then.
Secretive billionaire reveals how he toppled Apple in China
Apple vs reclusive billionaire Duan Yong Ping: China smartphone war completely different
The year-old tech mogul is the man behind rising smartphone brands OPPO and Vivo which have surged past Apple and Samsung in China, and are looking to spread their success worldwide. As a result, Apple has been left scrambling in the coveted market of more than a billion people after iPhone shipments fell in China for the first time last year. Both OPPO and Vivo have produced phones with high-end features at mid-level prices and Mr Yongping believes Apple has been unable to compete out of fear for jeopardising its winning formula elsewhere. Warren Buffet and Duan Yongping.
The Apple boss probably does now. Once derided as cheap iPhone knockoffs, they leapfrogged the rankings and shoved Apple out of the top three in — when iPhone shipments fell in China for the first time. Oppo and Vivo employed tactics Apple was reluctant to match, such as cheaper devices with high-end features, for fear of jeopardising its winning formula elsewhere, Mr Duan said.
Duan Yongping is convinced Tim Cook didn't have a clue who he was when they first met a couple years ago. The Apple boss probably does now. Duan is the reclusive billionaire who founded Oppo and Vivo, the twin smartphone brands that dealt the world's largest company a stinging defeat in China last year.