h4Chapter 1710: Chapter 1541 Everyone Goes Bankrupt Together (Please Subscribe!)/h4

    The next few days.

    The global smartphone market became lively.

    The arrival of the low-cost smartphones.

    As a shocking impact to the whole industry, Tang Qing’s Epoch sold for four to five thousand, ERV and other brands slightly lower, but still above four thousand, the lesser ones above three thousand five hundred.

    There were some below three thousand five hundred.

    But they were all pseudo smartphones.

    Around a thousand bucks.

    All major manufacturers found it hard to ept, how to make money like this?

    Yes.

    Maybe profit.

    But what attraction is there in such paltry gains? Themunication industry, for decades, has been a high-profit industry, they’re used to double-digit, even above triple-digit profit margins.

    Unimaginable.

    A newlyunched epoch-making product, and the strategy must shift to low margins and high sales?

    No one’s ying at such pits.

    Online.

    The same lively atmosphere.

    "Tang Qing’s predicted era is arriving."

    "Wonder how the performance is."

    "Didn’t they say? Basic applications can be guaranteed but yingrge games, usingputationally heavy apps willg, and high-consumption apps will have noticeable heating issues."

    "So many disadvantages?"

    "Nonsense, low-cost smartphones, use your slightly positive IQ, how could it possibly match various gship smartphones, you get what you pay for, this is about affordability, not enjoyment."

    "If it truly achieves the advertised effect, it’s definitely worth it."

    "Right."

    "As long as it works."

    "Looking forward to it."

    "Our Huaxiapanies are really great, definitely going to support them."

    "Where’s the pre-sale?"

    "They’ve just been released, no info on pre-sale yet, estimated wait is two months, heard this time they use their self-designed chip, otherwise, bncing cost-effectiveness with majorpanies’ chips is difficult."

    "Still need to wait two months?"

    "Pre-sale waits so long,unch estimated in three months."

    "Doesn’t matter, no matter how long I can wait, because... I can’t bear to buy four to five thousand ones."

    "Same... can’t afford."

    "+1."

    "+2."

    "..."

    For Zhihua Technology’s low-cost smartphone.

    The market is extremely expectant.

    Unlike the majorpanies facing the crisis, consumers don’t care about market share or manufacturers’ interests, they have only one demand--- to get good and cheap products.

    Whether you make money.

    What’s it to me?

    Domestic.

    International.

    The debut of the low-cost smartphones brings surprise and delight.

    "..."

    At this moment.

    Manufacturers sense the atmosphere is slightly off.

    Previously,

    everyone was ’tacitly’ maintaining smartphone prices, ERV’s advertisement strategy pushedpetition to intensity, and now Zhihua Technology, is it aiming for a market white-knuckle battle?

    Time is too fast.

    They haven’t prepared.

    Find.

    Nokia.

    The office is exceptionally lively.

    "What is Zhihua Technology doing?"

    "Grabbing the market."

    "Too unruly, how can they make money like this?"

    "Perhaps... they never thought about making money."

    "..."

    "How’s our low-end smartphone project progressing?"

    "We already have prototypes, but processor development is not fully finalized, many issues need modifications, and using Quam’s processor will lose our advantage."

    Low-end smartphone.

    Everyone has research and development, but progress varies.

    Not ready for marketunch yet.

    "Would be great to invest in thispany."

    "Wishful thinking, we can’t even invest in Huawei, Zhihua Technology? Dream on, don’t forget who’s behind them."

    Upon hearing.

    Everyone at the table was silent.

    Myanmar Bank Group.

    A giant.

    A true giant.

    Globally recognized.

    Myanmar Environmental Technology Company has already entered the top ten global market valuepanies and is still growing, everyone knows, when the Oasis solution’s effects are fully confirmed, there will be another growth period.

    Myanmar Pharmaceutical Group.

    No need to say.

    Making money daily.

    Due to these twopanies’ brilliance, many only know them, but themunication industry won’t forget, the world’srgest 4G equipment supplier--- Zhihua Technology.

    Myanmar Bank Group holds 51% of the stocks.

    Now.

    This giant beast.

    Is up to something again.

    They’ve alreadyunched the product, but not introduced to the market, cannot be stopped, only to follow, firstly, continue burning money to grab market share, secondly, to quicklyunch their own low-cost smartphones.

    Frustrating.

    One step behind.

    Step by step behind.

    From the Epoch debut, they were led by the nose, trailing desperately behind, if they caught up well that’s fine, seeking a riseter, but looking around, oh darn.

    So many followers.

    No one can make decent money anymore.

    The former ’pastoral’ era, entirely gone.

    "..."

    Rtively speaking.

    Majormunication giants are somewhat assured.

    Communication.

    Covers so many aspects, not just smartphones, even if the whole smartphone division doesn’t make money, thepany won’t likely copse, other business areas are still profitable.

    Otherwise.

    How do they earn their title as giants?

    However.

    Entrepreneurialpanies emerging in the hundredstely aren’t so fortunate.

    Their previous survival mode was simple.

    ---Learn from Tang Qing.

    Do resources integration.

    A bit of innovation in product appearance,st year, a lot ofpanies with project ns dared to invest. A yearter, manypanies made some achievements, sessivelyunching their products.

    Unfortunately.

    Defects are clearly visible too.

    If phones don’t make money, they simply face plummet.

    Unless.

    Investors continue to pour money in.

    But no one is foolish, after the frenzy,petitive price war in smartphones, no one can easily believe those doing innovation can survive the giants’ price war.

    Certain startuppany.

    "Investors aren’t preparing for a third round of investment."

    "What?"

    "Our product is about tounch, how can this happen?"

    "They said they don’t see hope in profit. People have thrown phones into the low-cost era, profitability rate won’t exceed double digits, the field has too many entrants, they’re not optimistic."

    "Damn."

    "What do we do?"

    "Continue, at least,plete this matter, then seek another path."

    "Another path?"

    "I have a new idea, shift to APP development, the advent of smartphones makes many things convenient."

    "..."

    It can be said.

    This time.

    The sessive actions of several giants have made the industry uncertain, and everyone’s only certainty is, in the future, without something special, their entrepreneurial path will quickly reach an end.

    Ovee?

    Chance less than 1%.

    Surviving alone is difficult, let alone oveing.

    In an instant.

    Entrepreneurialpanies in smartphones, many started the countdown to closure, in the end, it might turn into an interesting result--- everyone closes down together, see who persists until the very end... finally closes.

    Amid big waves.

    The fate of small boats is almost destined.