Less than an hour before the event was scheduled to begin, Mayor Zhang entered the venue, greeted everyone, and gave a brief speech. He mentioned that the companies represented were from all over the country, and they hoped to attract some companies to set up factories here.
In Lu Feng's view, such a conference is a way to gather everyone's prey together for a wanton hunt: suppliers hunt OEMs, OEMs hunt dealers, and local governments woo all out-of-town companies.
Lu Feng spotted Mr. Xu of Bird in the distance. He was now the undisputed leader in the domestic mobile phone industry, surrounded by several suppliers, chatting happily.
On Lu Feng's side, several suppliers came to talk to him, but they all demanded that he order a sufficient quantity of goods at once, as if they were afraid that Giti Mobile would go bankrupt in two days.
As the staff began to guide everyone to their seats, people got up and walked towards the venue.
The forum was scheduled to open at 10:00 a.m., with Mayor Zhang and the head of the Ministry of Information Industry delivering speeches. As the host took the stage, the morning forum officially began. First, the Vice Minister of the Ministry of Information Industry, the President of the Information Industry Association, and the chairmen of China Telecom and China Unicom, along with other heads of state-owned enterprises, were invited to the stage.
We talked for almost an hour about the development plan of China's information industry and the development status of the information industry abroad, focusing on discussions about related fields such as signal tower coverage, information decoding, 3G research and development, and next-generation switches.
This exchange also sent a signal that the government will accelerate the expansion of cell tower coverage and provide subsidies for related high-tech industries. A portion of the new batch of cell tower orders will be reserved for domestic manufacturers, with Huawei being a key name mentioned.
The subsequent topics, such as digital decoding, motherboards, processors, and CPUs, specifically mentioned Hurricane Capital, and emphasized the hope that major companies could learn from Hurricane Capital.
Many people at the scene focused their attention on Lu Feng. Everyone knew that no one could learn from Hurricane Capital. Hurricane's current foundation was entirely built up through swindling and deception. When Lu Feng went crazy, he dared to take action against not only the municipal government but also the provincial government.
Moreover, Lu Feng's path is not replicable; it is too much a product of its time. Coupled with his incredible luck, let's not even talk about anything else. How many bosses with a couple hundred million yuan in their hands would dare to go to Suzhou to seize large state-owned assets, factories, and equipment?
"Let's give a warm round of applause to send everyone off. Next, we invite outstanding entrepreneurs from the industry to come up on stage for a discussion. We hope that you will inspire unlimited possibilities through your exchanges. Next, please welcome Mr. Lu Feng, Chairman of Hurricane Capital, Mr. Xu, Chairman of Bird Co., Ltd., Mr. Wu Ying, Chairman of Hangzhou Xiaolingtong Co., Ltd...."
The group of six included the president of Motorola's mass market division, the regional head of Ericsson, and the regional head of Nokia.
Lu Feng went up on stage and chose a seat in the middle. There were two people on his left and three on his right. After everyone was seated, the host looked at Lu Feng first and said, "Then let me ask you a question, Mr. Lu. Giti mobile phones have already started mass production yesterday. How is it going?"
Lu Feng took his phone out of his pocket and showed it to everyone, saying, "The call quality is extremely high, and our memory is better than any other phone on the market. We can store thirty-five phone numbers and twenty-five text messages, and we have a super strong signal lock."
"It looks really good. I'd like to ask on behalf of consumers, what will be the price of this phone?" the host asked.
"The price is still under study, but I assure you that our products will be of better quality than foreign brands, and the price will be about the same as domestic brands!" Lu Feng said confidently.
"Does Mr. Xu have anything to say?" the host asked, trying to stir things up.
“In the field of semiconductor technology, I believe Mr. Lu has more technical expertise, but that may not be the case in the communications field. As for Bird, we have cooperated with French companies a lot in recent years, and this year’s sales are the best proof of that.” Mr. Xu retorted, “Foreign products have quality, but domestic products have prices. This is contradictory because Giti cannot produce everything itself. The cost of purchasing from outside is the same.”
“In the communications field, our Ruixin R&D Center has been cooperating with Nokia for many years, and we also have a deep accumulation of expertise, which Bird cannot compare to. Your sales volume this year is so high, which is entirely due to market reasons. There is not enough market competition at the low price point, which is equivalent to a monopoly at this price point.” Lu Feng said to General Manager Xu, “I believe that once Giti mobile phones are launched, the original advantages will no longer exist.”
"Mr. Lu is always like this. He boasts about things before the products are even on the market. I remember when Jiafeng was making small appliances, they claimed they would crush foreign company Siemens and domestic company Haier in the refrigerator market. But after they went public, they sold more than a thousand units in a month," Mr. Xu said with a smile.
"Refrigerators and mobile phones are completely different things. When we want to do something seriously, I believe we can definitely succeed. This was true for color TVs back then, and it is still true for mobile phones now. Giti Mobile is just a breakthrough point for Hurricane Capital's layout. We are very happy to see the rise of Bird."
"Because we are all part of the same country, our research and development in hardware is also aimed at creating more Bird devices. Only when the market is bigger can consumers buy better mobile phones. Giti and Bird are essentially friends, but also competitors. People say that when fellow countrymen meet, they are moved to tears. What I want to say is that when competitors meet, they should never fire two shots at each other!" Lu Feng joked.
The audience burst into laughter.
The Nokia executive standing nearby couldn't help but pick up the microphone and say, "If that's what Mr. Lu is saying, then Nokia is still the biggest technology supporter of domestic mobile phones. We have been doing the same thing all these years since we entered the domestic market. Without Nokia's technical support, I believe there would be no Giti today!"
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