Chapter 766 Absolutely amazing (shuhaige.net)



The outside world is paying close attention to the communications industry, and the government has begun to encourage it. Many companies believe that the communications industry will not experience a boom similar to that of the television industry.

The technology barrier for television sets is relatively low, while the communications industry has a real barrier to entry, which limits speculative companies.

The China Post and Telecommunications Corporation has been issuing documents to encourage domestic enterprises to follow the general trend of history, strengthen the technological accumulation in the communications industry, and has also released a set of data.

Currently, the number of pagers in China has exceeded ten million, and the market is experiencing explosive growth at a rate of no less than 100% per year. In the next five years, no less than one million public telephones with card slots will be deployed in major urban areas, and the number of mobile phones in China will exceed fifty thousand.

The post and telecommunications bureau estimated that by 2000, the number of mobile phones in the country would reach one million, and the number of pagers would reach fifty million.

To encourage enterprise innovation and participation in communications research and development, the Post and Telecommunications Bureau highlighted an example: Huawei Technologies, a small company, has independently developed a digital program-controlled switch, which will enable all switches in the communications field to be domestically produced in the future.

The industry isn't large, but the competition is fierce. This isn't just a battle between domestic manufacturers; it's a battlefield comprised of companies from three tiers. Motorola, Ericsson, and Panasonic are all brands with strong brand appeal. Next is Jiafeng Electronics, which acquired a foreign-owned laboratory and has extensive sales channels. The third is Bird, which has a certain market share.

The gap between these three tiers of companies is enormous. Foreign companies at the first tier completely overwhelm those at the second tier, and those at the second tier can in turn overwhelm those at the third tier.

Many entrepreneurs, seeing the current state of the industry, can only sigh and say that there's nothing they can do to reverse it!

To promote the development of the communications industry, Shenzhen has organized a gathering called the Communications High-end Forum, based on the Electronics Exchange Conference, which will be officially held on March 10th.

1994 marked the beginning of a transformation in China's telecommunications industry. Looking back on that year, Bird rose to prominence, while Motorola suffered a setback in the pager market. It was also the year Ericsson launched its attack on Motorola's flagship mobile phone in the mainland market.

In the world without Jiafeng Electronics, this was a story of domestic private enterprises struggling to survive amidst a fierce battle with foreign capital. It wasn't until the separation of the post and telecommunications bureau in 1998 that the communications industry truly began to develop.

On March 2, Yuan Yi'an, the head of the media company, was criminally detained. Preliminary investigation revealed that over a period of eight months, he took advantage of his position to sign contracts with three models at a premium of more than 200%, resulting in a serious outflow of company assets. He also falsified invoices and embezzled as much as 600,000 yuan of company funds.

This matter was reported to the entire group. During the morning meeting, Lu Feng instructed the audit team to conduct unscheduled inspections. No matter who was implicated, if they were found to have a dirty secret, they should be sent to court.

After the morning meeting, Lu Feng stood up to leave, and Wei Yandan walked over and said, "Mr. Lu, there's news about the stars in Hong Kong. Andy Lau is available and willing to cooperate. The time is a bit tight; he'll arrive today, film, and leave as soon as it's done."

"No problem, let's finish filming him first." Lu Feng thought for a moment and then asked, "How's the location at the media company?"

"The arrangements were made as you requested last night. We found an advertising director who is available for meetings. We also found dancers last night. Yuan Yi'an has been dismissed, and now Vice President Mei Jiaojiao is in charge there."

"Okay, I understand." Lu Feng said and walked towards the door.

Back in his office, Lu Feng quickly dealt with his tasks. Du Guoying knocked on the door and came in, saying, "Mr. Lu, we've been invited to a high-level forum."

"I won't participate in any meetings!" Lu Feng said casually, putting the folder aside.

Du Guoying had heard from people in the company that Lu Feng didn't attend ordinary banquets or forums. Several vice presidents said it was because he disdained to attend. However, he heard from some rumors that Lu Feng was too harsh in his insults and was afraid it would damage the company's image.

"It's part of the Electronics World Congress, and companies like Bird, Motorola, Ericsson, and Nokia all attended." Du Guoying could sense the significant weight of this forum; being able to sit down with these manufacturers and get to know them would have a crucial impact on future development strategies.

"Everyone's going?" Lu Feng looked up, somewhat surprised, and asked after a moment's thought, "When?"

"The 10th of this month!"

“Okay, go!” Lu Feng said, standing up. “Where’s Kevin? Go to the media company.”

After calling Kevin, they went downstairs, took a car, and headed straight to the media company. Inside the car, Kevin was looking at several newspapers and said in a flat tone, "Don't bother trying. There's no hope. It's all written here. Motorola is going to go all out this year, increasing product sales several times over. They're obviously starting to pay attention to this market."

"Not make a fuss? Why shouldn't we make a fuss?" Lu Feng rolled down the car window, lit a cigarette, and tapped the ash out the window.

"Judging from the current situation, you have no chance of winning. I've been in marketing for half my life, and the disparity between us is enormous. Their brand appeal is undeniable; what can you compare? You know better than I how the mainland market views foreign brands. Let me tell you this: even if it's just product quality, our pricing will be 50% higher than yours!" Kevin, who knew everything about the situation, said to Lu Feng, "Do you know what the prices are like for many products after they've achieved a monopoly in some countries? They're astronomical!"

“But everyone needs a dream to live. If a person lives without dreams, they’re just a walking corpse, eating and sleeping all day. The same principle applies to a company, and even more so to a country. Even if it’s unrealistic or impractical, at least it will guide you forward.” Lu Feng looked at him and said, “Don’t you agree?”

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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