As it turns out, SPK's strategy in China has temporarily failed.
They poured over 10 billion yuan into the stock market, making a significant contribution to driving the development of domestic enterprises.
This left those indebted companies completely baffled.
They lost money, but their assets did increase significantly.
Although their stock is still falling, those 10 billion yuan are all real money.
This is truly a case of losing one thing and gaining another.
They fought tooth and nail against foreign brands in the mobile phone market, suffering heavy losses themselves, but they did indeed gain a huge market share.
Although they have run out of steam, and this market will slowly be eroded by foreign brands, at least for now, those foreign brands have also been affected, and mobile phone prices have begun to fall.
They never expected that they would actually make a fortune in the stock market.
In this way, it seems that their debt problem is no longer a problem.
On the contrary, they now have enough funds to continue developing their main businesses such as TV dramas and air conditioners.
Who can I complain to about this?
All I can say is that immense wealth has fallen into their laps.
If we're talking about who's the most unlucky, it's naturally those foreign investors who came attracted by the smell of blood.
They originally planned to follow in SPK's footsteps and reap the rewards, but they ended up becoming the meat that rotted in the pot.
Secondly, there are newly established companies that want to gain a foothold in the mobile phone market.
Without the support of next-generation technologies, they will face significant challenges and find it extremely difficult to develop.
However, this also gave Su Wu an opportunity.
These companies with non-performing assets became the springboard for Longyao Mobile's expansion.
Once these companies are acquired, Longyao Mobile's production capacity will skyrocket to compete for a larger market share.
Longyao Mobile Tianjin Headquarters
Su Wu sat in the head seat with a smile, feeling as if he were basking in a spring breeze.
"Thanks for your hard work, everyone. We've had a great start to the first quarter."
"Next, we need to press our advantage and strive for a larger market share."
"Many small companies are facing bankruptcy or restructuring, which is an opportunity for us."
"Next, I hope everyone will go all out to acquire these companies' production lines to further increase our production capacity..."
Su Wu made arrangements with great hope and earnestness, while the crowd below was filled with excitement.
Despite his excitement, General Manager Yuan Xiaohua still raised his own questions.
"Boss, we've actually contacted several companies. Their other conditions are fine, but the conditions they set for us to take over their inventory are a bit unreasonable."
Upon hearing this, Su Wu raised an eyebrow.
Taking over a company's leftover stock is also an important part of the standard negotiation process.
However, these phones are already on the verge of being obsolete and have little value at all.
To Su Wu, these piles of things were nothing but garbage.
However, it's clear that some people have seen through the current state of Longyao Mobile's development and are trying to manipulate them.
Su Wu thought for a moment and asked, "How much money do they plan to offer?"
"Cost price".
“That won’t do. We’re not going to be taken advantage of. We can take over their inventory, but only at most 20% of the ex-factory price.”
"But isn't this too low? I'm afraid they won't agree."
"If you don't agree, then we won't talk. At worst, we'll build our own production line. It'll just be a waste of time."
After some discussion, Su Wu set the tone for the acquisition of other companies.
He's not here to do charity, so why would he be a sucker?
If those companies are willing to sell, then they have escaped a disaster.
If they are unwilling to sell, they will gradually be eliminated by the market due to their increasingly weak competitiveness.
Su Wu had another consideration in mind when he acquired their phones.
However, his ideas are not yet fully developed, and he can only plan them out slowly.
Having devised a strategy to capitalize on the success of Longyao Mobile, Su Wu began to pay attention to his own company's chip business.
Through its efforts, Ruyang Technology has now secretly established business in Russia, Japan, and some European countries.
However, these businesses were all substandard OEM services, and some were unsatisfactory.
China has the world's largest monocrystalline silicon production capacity, which is enough to minimize Su Wu's chip production costs.
However, due to a lack of market recognition, his sales have remained stagnant.
Earning only around 200 million US dollars in profit a year is not enough to satisfy Su Wu's appetite.
He must find some new way out, otherwise it's simply a waste of his productivity.
Currently, the thing that uses the most chips is undoubtedly the computer.
Su Wu had always wanted to develop a computer with its own independent operating system, but this was not something that could be accomplished overnight.
Having no clue, Su Wu simply climbed up to the computer mall for a stroll.
Currently, assembling computers is very popular in China, especially among young people.
Aside from imported brands, the only other branded computer brands are Xiangge and Tongfang.
Suddenly, Su Wu stopped walking and saw a brand that he had forgotten.
For just 4888, bring home a man approaching 40.
In an instant, he remembered this advertising slogan.
Hasee Computer.
This is a newly emerging domestic brand, but it has a promising future.
He finally remembered Hasee, the brand that had multiplied its assets countless times in just a few years by winning with its price.
Although the brand began to decline 10 years later due to market overheating and its own technological limitations.
But no one can rival his reputation as a price-cutting master.
At that moment, he realized that his thinking had gone astray.
Without brand influence, even if he develops an independent system, it will be difficult for it to be accepted by the market.
Developing an independent system is not very meaningful in the current environment.
On the contrary, there is a greater market for producing computers with strong practicality.
What he should do now is to leave his mark on the computer market.
"Damn it, I'm such an idiot. Manufacturing computers is more profitable, and it could also revitalize my chip factory."
Su Wu slapped his head hard, and immediately had a new idea.
In his eyes, approaching forty is nothing; he has countless more advanced technologies in his mind.
Imagine how much money he would make if he manufactured these components himself, then assembled them into computers and sold them.
Compared to other brands that import various components and then assemble them for compatibility, his costs are undoubtedly lower and his profits are higher.
However, in doing so, he might be embarking on a path of no return: piracy.
But so what?
All writing in the world is largely plagiarism; the only question is whether one knows how to plagiarize or not.
It seems we'll have to start a new company, and it has to be an international one.
Su Wu pondered this in his mind and immediately returned to Sihai Residence.
He has to go through some procedures on the dark web to get it done.
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