Wanjie Technology System

Chapter 389 Consumption will kill you (second update)
The next day, Li Jianxi received a message that made him vomit blood in despair!
That is, all the dozens of companies we cooperated with before refused to order chips from them.All want to order 5G chips from Star Group!

Seeing this situation, Li Jianxi hurriedly called an emergency meeting.

"President, if we lose orders from these dozens of companies, then our turnover in the chip business will directly lose 90%! This is an order worth tens of billions of dollars a year."

"We have to compete with Xingchen Group. Are we going to watch these orders being taken away by the other party? We have already lost the Chinese market. If we lose these overseas markets again, will our chips be used as waste products in the warehouse after they are manufactured? in?"

"President, I suggest to lower the price. I would rather make less money and lower the price. Otherwise, our chip department will be abolished."

Li Jianxi looked at the opinions expressed by a group of senior officials, his brows were still furrowed.He is also well aware of these situations.

"It seems that we can only lower the price!" Li Jianxi took a deep breath, "But our products are inferior to those of Xingchen Group. Therefore, if we lower the price, it must be cheaper than the chips of Xingchen Group. Otherwise, we will simply no advantage."

"What the president said is, how about we are 10% cheaper than the chips of Xingchen Group?" A senior executive suggested.

"If our price is 10% lower than that of Xingchen Group's chips, how much profit will we have left?" Li Jianxi asked in a deep voice.In business, you can never lose money.He must have a count in his heart.

A secretary began to calculate quickly.

A few minutes later, the secretary said: "If our price is 10% cheaper than the chips of Xingchen Group, then we will still have 5% of the original profit."

"The profit is so low?" Li Jianxi frowned.Obviously this profit is too low.

"It's better than nothing." The vice president pouted.If the customer who loses the chip, not only will they not make a profit, but they will also lose money.Faced with various problems.

"Okay, then it's decided." Li Jianxi waved his hand.

Not only Samsung, but Micron, Hynix and other companies are also like Samsung. They all found that all their original overseas customers were taken away by the Star Group.

They were also extremely frightened when they heard the news.

After all, like Samsung, they just lost the Chinese market, but they didn't expect to lose other overseas markets in the next second.If things go on like this.Then they face the crisis of no customers!
There is no place to sell the chip products they produce.

If you are looking for new customers, it will take a very long time, and you can't find them immediately.Besides, the big customers were almost found by them.But he was cut off by Xingchen Group.

Now I am suffering and cannot tell.

So in order to retain the original customers, these two companies had no choice but to cut prices!
…………

Star Group.

Half of the high-level officials sent by Qin Hailang have not returned.

However, he received good news that many companies are willing to buy his Star 5G era chips.Most of the customers of Samsung and other three companies have been snatched.

In the conference room, all the senior executives congratulated.

"Congratulations to the chairman! I didn't expect that one day we could grab Samsung's customers. It's so cool to think about it!"

"That's right! Now Samsung probably has no place to cry."

"In the past, we in China have always needed to import chips from Samsung, Micron, and Hynix. I didn't expect that now that the situation is changing, we no longer need to import chips from each other. And we also snatched the chip customers from each other. It’s really 30 years in Hexi and 30 years in Hedong.”

"Haha... Okay, don't be too happy. I don't care about Micron and Hynix. But Samsung is a Fortune 10 company, backed by the Samsung Group. It is a behemoth. Want to It is not easy to defeat the opponent. Now I have received a piece of bad news. That is, Samsung has lowered the price of the selected chip! The price is [-]% lower than our current price!" Qin Hailang said in a deep voice.

"what?"

As soon as this sentence came out, the people below were surprised.

"It's 10% lower than our price, so Samsung's profit is already terribly small. Its move is obviously to fight a price war with us and bring back those lost customers." A The high-level said seriously.

"Currently, half of our customers have not signed contracts. Now that Samsung has chosen to cut prices all of a sudden, it seems that the other party wants to restore the decline."

"Boss Qin, what should we do now?"

"Hmph, Samsung and I are in a price war? Hehe...I am most afraid of price wars. Tell those on business trips. Our price is 3% cheaper than Samsung's price reduction. Try to win all customers. "Qin Hailang said coldly.Hmph, if you fight a price war with yourself, I will consume you to death!
"Okay, Mr. Qin."

"Boss Qin, if we lower the price so much, what about our profit?" A senior executive worried.

"You don't have to worry about this. We have fully automatic intelligent production lines. Even if the price is reduced to this level, our profit is still very objective." Qin Hailang waved his hand and smiled.

"That's good, haha..."

"President Qin is mighty."

…………

Originally, after Samsung, Micron, and Hynix all lowered their prices, those companies that were still waiting to see the news still wanted to continue to buy Samsung's chips.After all, it is 10% cheaper than Star Group!
Besides, Samsung's chips can still be used at present, and the most important thing is to be cheap.The cheaper it is, the greater profits these businesses make.Why not do it?
But the next day, Star Group announced a price cut again, which was 3% cheaper than Samsung and other companies after the price cut!

In an instant, these wait-and-see companies once again threw themselves into the arms of Xingchen Group.

Seeing the news, the three companies including Samsung almost vomited blood!
Samsung.

Li Jianxi looked at the information in his hand, wanted to vomit blood in his heart, and wanted to growl: "Doesn't this Xingchen Group need to make money? Do all business at a loss?"

"Mr. President, we don't know about this." In fact, they didn't know that Qin Hailang still made a lot of money.

"President, now the Star Group is dropping again and again. If we follow up with another price cut, our chips will really lose money! There will be no profit at all." A high-level executive said in a deep voice.

"Then shall we still lower the price?" A high-level person asked cautiously.

(End of this chapter)