Some things can't be hidden forever; they'll be exposed sooner or later.
Su Wu didn't insist on hiding anything; he let things take their natural course.
So what if his current identity is exposed?
The chip manufacturing industry has found a way out, which fills a technological gap in China.
As long as he doesn't act recklessly, who can do anything to him?
However, he still didn't want to be too high-profile; he wanted to at least finish his university life.
Feng Jingyang said with emotion, "Xiao Su, don't you feel a little wronged? You and Ruyang have made such great contributions to Tianjin, but you haven't received any benefits. Aren't you angry?"
"No, this is just part of our development strategy, and we have already set conditions," Su Wu replied truthfully.
"Expand the sales channels for Longyao mobile phones?" Feng Jingyang asked tentatively.
"Yes, that was our strategy back then."
Do you think the mobile phone industry is better suited for development than the real estate industry?
"Our company's focus is on electronic technology; other areas are merely to address initial funding issues."
"But it's clear that the real estate industry has a brighter future right now, you businessmen shouldn't..."
"Things shouldn't be viewed that way."
Su Wu did not evade Feng Jingyang's question.
This was also the first time he had spoken to Feng Jingyang so seriously.
Real estate is good, but its main effect is internal.
Electronic technology, however, can enable China to face the world.
Moreover, the mobile phone industry is not inferior to the real estate industry; if done well, the profit conversion rate is even more terrifying.
Seeing how serious he was, Feng Jingyang also became interested.
Originally, he planned to compensate Ruyang Real Estate with a piece of land, after all, they had invested so much.
But now it seems that Ru Yang is going to reject this proposal.
He adopted a listening posture, gesturing for Su Wu to continue.
Su Wu sorted out his thoughts and felt it was necessary to teach them a lesson.
"Do you know how many mobile phone users there are in my country now? There are about 250 million. If each person spends an average of 1,000 yuan, that's 250 billion yuan! Even if we consider a three-year cycle, this is still an extremely terrifying number."
His opening remarks completely stunned Feng Jingyang and Peter Ma.
While they were shocked, they all realized that this was an extremely conservative figure.
Without giving them much time to process what was happening, Su Wu continued.
"Even in such a market, our domestic mobile phones only account for 40% of the market, not counting counterfeit phones. The money is all being made by foreigners."
"Last year, our domestic mobile phone production was about 40 million units. It seems like a lot, but we didn't actually make much money because we were mainly in the low-to-mid-end market."
"That means we hold 40% of the market, earn 20% of the money, and the rest of the profits go into the pockets of foreigners."
Su Wu analyzed the issue directly from the perspective of economic benefits, without mentioning the technical issues they didn't understand.
But even so, it was enough to make them feel heavy-hearted.
Such a huge market, yet its own people can't make money.
A strange sense of humiliation welled up in Feng Jingyang's heart, making his face look rather unpleasant.
He said in a deep voice, "We are in a period of catching up now. It's inevitable that we will fall behind a little. Things will definitely get better in the future."
Things will get better in the future.
Indeed, things will get better in the future.
However, the time span was something he had never imagined.
2003 was a turning point that marked a major setback for domestic mobile phone manufacturers.
Su Wu wouldn't give him any face and immediately poured cold water on him.
"You're being too optimistic. The pace of technological iteration in electronics is beyond imagination. Take mobile phones, for example; there's a minor upgrade almost every six months, while major technological iterations only take a few years."
"This year is a period of major technological iteration for mobile phones, with color screen phones replacing monochrome screen phones. In fact, domestic mobile phone manufacturers have already been in crisis since May of this year."
"I can say without exaggeration that, apart from Longyao mobile phones which do not have inventory backlog, all other domestic mobile phone manufacturers are experiencing inventory backlog problems, and this problem will only get worse!"
Upon hearing this, Feng Jingyang exclaimed in surprise, "Why is this happening? How could this be?"
"It's a technical issue. In the past, our domestically produced machines were just scraps from the scraps of foreign manufacturers. To put it bluntly, it was just OEM production, without any real technology of our own."
Su Wu bluntly pointed out the crux of the problem.
"The emergence of color screen technology has once again created a technological barrier, which will be the final straw that breaks their backs. I estimate that the market this year will exceed 200 billion yuan, but domestic manufacturers cannot get a piece of such a big pie."
“Our Longyao mobile phones are different. We started by independently developing our technology, and we have already mastered color screen technology. Our phones have absolute competitiveness. The only problem we lack is distribution channels.”
Su Wu's words were somewhat astonishing.
A market worth 200 billion, yet only one company has the ability to compete with foreign mobile phone manufacturers—this is somewhat alarmist.
Feng Jingyang and Ma Peter simply thought he was young and impetuous.
However, these words were enough to shock them.
This market is huge, and it's completely different from real estate.
However, they did not know that Su Wu only scratched the surface and did not tell the whole story.
In fact, the crisis facing domestic mobile phone manufacturers is far greater than this.
The next battleground will be for color screen phones and video recording phones, followed by the competition in the 3G phone market, which will further reduce the competitiveness of domestic phone manufacturers.
Su Wu said all this with a purpose; he needed a channel, a real channel.
The era of channel dominance is coming, and bundled sales in cooperation with operators will become the new mainstream.
Given Longyao Mobile's current capabilities, it would be very difficult for them to obtain these channels.
This is why he cares so much about channel expansion.
In Su Wu's view, the upcoming Dragon Kingdom market will be the era for their Longyao mobile phones to monopolize the market and fight against foreign enemies.
If he can master the times, he is even confident that he can capture half of the mobile phone market.
What does annual sales of 100 billion yuan mean?
How can mere real estate compare to him?
But these things can't be said; the potential profits are too great.
Feng Jingyang was filled with emotion for a long time.
This conversation today left him with many thoughts.
He also hopes that Longyao Mobile can grow bigger and stronger, becoming a true technology industry in Tianjin.
He pondered for a moment and said, "Since I promised to help you expand your channels, I will definitely do it. What kind of channels do you need?"
"We hope to cooperate with telecom operators, and even engage in bundled sales," Su Wu immediately stated his true purpose.
"Yes, we can help with this. But how to discuss it is up to you." Feng Jingyang nodded slightly.
Finally, he received a positive answer, and Su Wu breathed a sigh of relief.
Once this channel is secured, the future of Longyao mobile phones will be secure.
At this point, Feng Jingyang tentatively asked, "So, you're saying superconducting phones have great potential? But why...?"
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