Zhu Guitang, general manager of vivo's Investment Management Department, said vivo intends to focus on making smartphones and related merchandise in the ecological chain.
Chinese smartphone brand vivo launched on Monday several new devices bringing it up to speed with others in its industry. Among the new offerings include the company's first foldable smartphone named X Fold.
On Tuesday, Chinese electronics firm Vivo unveiled a video showing the overall design of the X Fold, its first foldable smartphone, confirming that the model will be released on April 11.