We are aware of the recent lawsuit filed by Apple in California and have carefully reviewed the allegations in Apple's complaint. We have found no evidence establishing any connection between these allegations and the employee's conduct during his employment at OPPO. OPPO respects the trade secrets of all companies, including Apple, and OPPO has not misappropriated Apple's trade secrets. OPPO will actively cooperate with the legal process, and we are confident that fair judicial proceedings will clarify the facts.
A 30% revenue share can easily be the difference between a company that can afford to scale, hire new employees, and reinvest in its product, and one that is perpetually struggling to stay afloat. Understood in this light, the 30% Apple Tax protected from erosion by Apple's anti-steering restraints is not merely a cost of doing business, it is a profound and often insurmountable barrier to entry that stifles competition and innovation at its source.