In the second half of 2010, thanks to Zhao Ye's dedicated efforts, 4G networks began to be rapidly deployed in countries around the world.
By December 25th, 50% of the world's telecommunications companies had purchased 4G network equipment and built base stations, which brought substantial profits to Wujiang Communications!
In addition, due to the launch of 4G networks, smartphones are selling like hotcakes worldwide!
With 4G networks, smartphones offer significantly faster internet speeds, enabling users to watch high-definition movies online, stream live, play mobile games, and more. The functions and uses of smartphones are clearly much richer than under 3G networks!
Therefore, when purchasing mobile phones, most consumers almost universally choose 4G smartphones as their first choice.
In 2010, Wujiang Group shipped over 561 million mobile phones, accounting for 58% of the global smartphone market share, and its profits were also very high, at approximately US$123.3 billion!
Moreover, the main components of smartphones, including processors, memory chips, LCD screens, touchscreens, batteries, cameras, earphones, chargers, and so on, are sold worldwide. Even the smartphone operating system is monopolized; although the operating system itself is free, the hidden revenue generated from it is staggering.
In addition, Wujiang Group also engages in contract manufacturing; almost 95% of the world's major mobile phone manufacturers outsource the majority of their mobile phone manufacturing orders to Wujiang Group. If they didn't do this, then unfortunately, they might not be able to obtain core components, such as the most advanced processors.
Currently, both ASML and TSMC are crippled and on the verge of bankruptcy by Wujiang Microelectronics. If it weren't for the fear of being sued by Western countries for monopolistic practices, ASML and TSMC would have ceased to exist long ago, even though Wujiang Microelectronics still holds a significant stake in ASML…
Western countries can only produce low-end chips now, which are too uncompetitive. Their labor costs are also high. What's the point of this? It's better to buy chips from Wujiang Microelectronics or have them manufacture chips for them than to manufacture them themselves.
The lack of competitiveness of lithography machines in Western countries has led to the collapse of the entire industry chain.
Because Wujiang Microelectronics does not purchase products from Western semiconductor companies, but instead invests in and cultivates its own domestic companies, the semiconductor industry chain in Western countries is denied the opportunity to develop, leading to a widening technological gap between them and Chinese semiconductor companies.
In 2010, the global semiconductor output value was approximately between $500 billion and $600 billion. However, Wujiang Microelectronics alone, along with the semiconductor companies it invested in and supported, accounted for about 76.3% of the global semiconductor market. It's truly outrageous!
Why is Wujiang Group so rich?
It's all because of technological monopoly!
...
...
At the beginning of the new year 2011.
In the global automotive market, new energy vehicles have shown extremely strong and eye-catching performance after a period of development.
Between January and February, many car companies in Western countries went bankrupt.
The main reason is that they lost the Chinese market.
For many automakers, China has become the largest car market, and many internationally renowned car brands rely entirely on the Chinese market for their survival.
Unexpectedly, China launched a new energy revolution, and the emergence of new energy vehicles directly killed off traditional gasoline car companies, including Audi, Mercedes-Benz, BMW and other cars that were very popular in China, whose sales also plummeted.
In China, Wujiang Group has already issued a death sentence to traditional gasoline-powered vehicles.
Wujiang Group has acquired nearly 75% of China's gas stations, which will subsequently be converted into charging stations.
In addition, there are ubiquitous shared charging stations to meet the need for charging simply by parking. Even more alarming is that Wujiang Group is developing wireless charging technology, which will allow vehicles to automatically charge after parking. Where will traditional gasoline-powered cars find a foothold in China then?
New consumers in China are no longer willing to buy traditional gasoline-powered cars. No matter how loud the advertising or how cheap the price, it cannot hide the fact that traditional gasoline-powered cars may face the predicament of not being able to refuel at gas stations in the future.
Moreover, once wireless charging technology matures, it will completely disrupt traditional gasoline-powered vehicles!
In addition, electricity is cheaper than gasoline in China, significantly reducing the cost of car ownership. This is especially important for ordinary Chinese people.
“Major Western automakers are facing a severe situation right now. Their cash flow is in trouble, and they are frantically selling assets, including some of their car brands…” Zhou Huicheng, CEO of Tiangong Technology, was drinking tea with Zhao Ye while discussing work. “Chairman Zhao, I suggest we take this opportunity to acquire some sports car brands, thereby enhancing our company’s image in the minds of car consumers!”
Upon hearing this, Zhao Ye nodded in agreement: "Yes, that is indeed a good idea! The image of luxury sports cars is deeply rooted in the minds of consumers. If our Tiangong Technology Company can acquire a few luxury car brands, it will definitely increase consumers' recognition of our company's high-end cars!"
Zhou Huicheng smiled and nodded, saying, "Chairman Zhao, these are a few sports car brands I've been looking at. Their own or their parent companies' financial situations aren't very good, so we might have a chance to acquire them!"
"What brands are included?" Zhao Ye asked.
“Bugatti, McLaren, Jaguar, Koenigsegg, Porsche, Pagani, Ferrari, Maserati, Aston Martin,” Zhou Huicheng rattled off in one breath.
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