My rebirth is different

Page 978

Indeed, after MediaTek launched the MTK system, domestic mobile phone brands became flooded.

In the past, there was still a relatively high technical threshold for making mobile phones. Although there are so many components and parts that can be purchased, the integration and debugging of the purchased products are not what ordinary companies can do.

But now, everything is simplified to the extreme.

MediaTek has done all the complicated technical work, you only need to assemble it and it can be sold.

"We have a large purchase volume. Mr. Hu can rely on this purchase volume to lower the price. We are MediaTek's largest customer." Wang Jinbao laughed.

"Such a small company, why don't we buy him directly?" Crow said unhappily.

"That's right! My thoughts are the same as Brother Crow's. Since we need this system and the other party's company is not large, why not buy it!" Hu Jinchang slapped the table and said loudly.

Wang Chengsheng and Wang Jinbao looked at him in surprise, the two of them hadn't thought about it.

"I'm afraid... others may not be willing to sell it, after all, they are quite profitable now." Wang Chengsheng hesitated and said.

Wang Jinbao nodded, he also thought so.Although MediaTek is a small company, with the mushrooming of domestic mobile phone brands, although the purchase volume of these brands is not large, there are many manufacturers that cannot be supported.

MediaTek can also make a lot of money relying on the MTK system, why should they sell the company.

"Hey, you may not have paid much attention to this aspect. Although there are a lot of low-end mobile phone brands in China, to be honest, let alone doing a good job, they are considered amazing if they can survive for more than two months. Because of us With the existence of the legendary CQ1, the low-end brand of mobile phones is basically eaten by us!" Hu Jinchang said proudly.

Wang Chengsheng and Wang Jinbao suddenly realized, yes, they only saw so many new brands in Huaqiangbei, but subconsciously ignored their company's market share in the domestic low-end brand mobile phone market!

Because of the launch of the legendary CQ1, it is the first big domestic brand to lower the price below 1000 yuan.

Although Legend is also a new brand, it is very different from those in Huaqiangbei!

Legend Mobile is a subsidiary of Star Electronics Group, and it is a brother company with Lenovo and THINK!

It also has the halo blessing of "Huimin Mobile Phone".

In the eyes of consumers, the legendary brand can be compared with domestic first-line mobile phone brands such as Amoi and Bird, completely crushing those low-end mobile phones in the past.

And the price of the legendary mobile phone is so low, only 998!

Big brand, high quality, low price!

This formed a unique contrast, which also led to the popularity of the legendary CQ1, which was in short supply.

This mobile phone has also ruthlessly plundered the market share of traditional low-end mobile phones.

Last year, why did the counterfeit mobile phones in Huaqiangbei have such a prosperous business? Isn’t it because the prices are cheap.

As long as seven or eight hundred, or even six or seven hundred yuan, you can buy a... working mobile phone.

But now, the Legendary CQ1 is only sold for less than 1000 yuan, and most low-end mobile phone consumers are gnashing their teeth, adding the two or three hundred, and buying the Legendary CQ1.

…………

"According to my investigation, our purchase of mobile phones will account for more than 70.00% of MediaTek's annual business!

In fact, for us, the company's system is not irreplaceable.With our current size, it is also possible to learn from Amoi and the others, purchase components by ourselves, and hand them over to large foreign design companies to customize a system for us.

However, without our business, MediaTek will be beaten back to its original shape..."

Hu Jinchang said unhurriedly.

Chapter 820

Wang Jinbao and Wang Chengsheng looked at each other.

The two discovered that they had been immersed in the company's mobile phone production, and hadn't paid enough attention to the market situation recently.

In fact, we can't blame them, but since 2004, the mobile phone market has changed too fast.

So fast that the impression of the two of them is still the same as before, and they always feel that their company is just an inconspicuous new company.

But they don't know at all that the current legendary mobile phone has already become the biggest dark horse in the domestic low-priced brand mobile phone market!

Even the purchase volume of your own company will determine the fate of MediaTek, which seemed unattainable two months ago.

Just like what Hu Jinchang said, if Legend Mobile no longer purchases MediaTek’s MTK system, but purchases its own components to customize, then MediaTek’s system, no matter how easy it is to use and how cheap it is, will not be a hit in the domestic mobile phone market. What a big splash.

Because mobile phones using the MTK system cannot compete with the legendary CQ1 at all, and their market share is far worse.

That being said, the possibility of the Legendary Mobile Company acquiring MediaTek is much greater.

"Is it really possible to win MediaTek? It will cost a lot of money?" Wang Jinbao asked after hesitating.

"Yes, it will cost a lot of money, but it's not something we can't afford." Hu Jinchang replied with a smile.

In terms of making mobile phones, he may not be as good as Wang Chengsheng, or even Wang Jinbao.

But when it comes to mergers and acquisitions in the business world, playing tricks and the like, he can definitely be the master of the two of them!

"Our company doesn't have a lot of money on the books now. Although nearly 40 billion has been paid back in the past two months, a large part of the money has to be spent on various suppliers. By the way, MediaTek alone needs more than a dozen Hundreds of millions." Wang Chengsheng said with a wry smile.

"Our mobile phone brand is our most valuable asset! Besides, the acquisition of MediaTek may not necessarily require us to use our own money." Hu Jinchang said confidently.

"Don't use your own money? Whose money will you use?" Wang Jinbao still doesn't understand.

"We are a high-tech enterprise! We are even expected to grow into the largest mobile phone manufacturer in China within a year! How can the local city government not support such a star enterprise? You must understand that a high-tech star company like us is currently in All over the country, it is very, very popular. Let the Pengcheng government come forward to help us with the loan and let the bank pay for this money!"

Hu Jinchang said domineeringly.

Dealing with organizations at all levels is his forte!

In particular, the legendary mobile phone company has gained a lot of fame this year, and it does have the bargaining chip to negotiate terms with the city.

If Hu Jinchang can't seize this opportunity to obtain a large amount of low-interest or even interest-free loans for the company, then all these years will be in vain...

Moreover, now is the best time to acquire MediaTek.

Because MediaTek's MTK system is also a short-term development, the company has not really grown up.

The purchase of legendary mobile phones accounted for [-]% of the company's revenue!

It can be said that the two companies are holding each other's necks, one owns the market and money, and the other owns the technology.

Although Legend Mobile really wants to abandon MediaTek and develop its own customized mobile phone system, it is also very troublesome.

But as long as you have money and are willing to spend it, these things can always be solved.

But if MediaTek left the legendary mobile phone, their vitality would be greatly hurt. Do they want to start their own mobile phone company and make mobile phones to sell?

Therefore, between the two, the current Legend Mobile Company still has the upper hand, and can only go offensive or defensive if it can take the initiative.