my fintech empire.

Chapter 666 [If there is no accident, there will be another accident]

With a turnover of more than 400 billion a day, friends and businessmen from all walks of life are so envious and jealous that they are beyond recognition.

I'm really jealous!

The dazzling report card of Xingyu Technology's new product STAR4 mobile phone made Rebs more determined that Xiaomi must hit the high-end market, even if there is no specific plan now, it must take the high-end route in the future.

It is generally expected that the first-day sales of STAR mobile phones, including those of many friends and businessmen, will generally be around 300 million to 350 million units.

The actual results far exceeded expectations.

This explosive report card also caused a sensation in the capital market. Countless shareholders holding Xingyu Technology stocks were very excited, including some investors involved in Xingyu Technology's supply chain stocks.

Two weeks before the press conference, the market had already started to speculate on the release of STAR4, and an important factor for the company's share price to return to a trillion-dollar market value was the hype for the launch of new products. The current market value of Xingyu Technology is 1.35 trillion.

At this moment, the stock bar comment area of ​​the stock is extremely lively.

[Significantly exceeded expectations, it must be a one-word board after the festival. ]
[The price increase will not affect it at all. This year's net profit will exceed [-] billion, which is a certainty. This is still a conservative estimate. ]
[不是说星宇科技已经采购了1亿片S680处理器么？那就是说，公司内部预估STAR4的销量有望突破1个亿，按照去年13.6%左右的净利润，确实有望突破1000亿。]
[Absolutely more than that, 2000 million units of S3 have been sold this year, plus the price increase factor, I think the net profit scale of 1500 billion is not a problem. ]
[Ma De, I don’t know how to count, but in short, it is beyond expectations, and there is no suspense about opening a word board after the festival. ]
[Envy those in the car, eat big meat properly after the festival. ]
[Xingyu Technology will definitely break through the historical high of 8.63 yuan this year, corresponding to a market value of 2.3 trillion. Maybe it will break through this month. Is 2 trillion in market value expensive for such a high-tech company?Not expensive at all, even cheap. ]
[Foreign investors who cut their flesh at 1.14 yuan will cry and faint in the toilet...]
[Looking back today, the drop to 1.14 yuan is really a super gold pit. I regret not buying it at the beginning. I wanted to buy it at the time, and my heart hurts...]
[This price can never go down again. ]
……

During the Dragon Boat Festival holiday, there is a lot of news that is bad for the market, especially the money shortage problem faced by banks.

However, the capital market is optimistic about Xingyu Technology, and STAR4 is still selling well after a substantial price increase. Research reports from various brokerages, including many retail investors, are also optimistic that Xingyu Technology's stock price will hit a record high.

But the good times didn't last long, and a "black swan event" beyond the market's expectations happened.

On the evening of Monday, June 6th, the western hemisphere was in daylight. At around 10:10 am local time, Qualcomm unilaterally announced that due to force majeure, it would terminate its cooperation with Xingyu Technology and would no longer provide Xingyu Technology with any Qualcomm products. .

As soon as the news came across the ocean and spread to the mainland, the capital market exploded, and those who held Xingyu Technology's stocks almost petrified when they saw the news.

In the middle of the night, the news had already spread wildly in the mainland.

The next day, this incident early in the morning became the headline content on the front page, and major media rushed to report it, and people from all walks of life were shocked.

Xingyu Technology also responded very quickly. At about 14:[-] that afternoon, the company directly held a press conference to express shock and incomprehension about Qualcomm's unilateral breach of contract, and regretfully announced that it would formally file a lawsuit against Qualcomm.

The focus is on Qualcomm's unilateral breach of contract, and a liquidated damages of US$300 billion was proposed according to the agreement.

This is a shockingly astronomical figure.

We must know that Qualcomm's net profit in fiscal year 2012 was about 73 billion U.S. dollars, and the liquidated damages of 300 billion U.S. dollars was calculated based on the profit in 2012, which is equivalent to the entire net profit scale over four years.

In a sense, Qualcomm can't even afford to sell its underwear. It is impossible to pay 300 billion U.S. dollars for compensation.

In fact, Qin Feng of Xingyu Technology, including Fang Hong, did not expect Qualcomm to really lose money, and the Angsa people probably would.

But the right of recourse must be preserved, and the lawsuit must be fought. Even if it takes five years, ten years or even 20 years, it cannot be stopped.

At the press conference, Xingyu Technology directly disclosed the details of the agreement, in black and white, no matter how they can be washed away.

Just when this incident was exposed and spread all over the Internet, well-known big Vs who usually advocated the Western "contract spirit" all disappeared at this moment, and collectively lost their voices.

Right now, this incident has become a sudden hot spot of swiping the entire network.

Although the world of the Internet forgets quickly, the Internet has memories. As this sudden incident ignited hot spots, all kinds of previous rumors have been dug out.

Now everyone believes that the previous rumor that Qunxing’s concept stocks plummeted for [-] consecutive boards and smothered foreign capital is Qunxing Capital’s revenge is true. The previous rumor that Qualcomm will cut off the supply of chips turned out to be true.

It was rumored that Pretty Country was going to get the neck of Xingyu Technology on the chip, but now it seems that it is very likely to be true.

About two hours after the press conference of Xingyu Technology ended, the chat content of a senior practitioner in the smartphone industry in the internal work group quickly spread on the Internet.

According to the industry insider, Qualcomm’s chip supply cutoff is fatal to Xingyu Technology. The S680 chip may become the swan song, and STAR4 may also become the swan song.

The domestic chip industry has only reached the 40nm process, and the gap with high-end chips is several generations away. Xingyu Technology is stuck in high-end chips, and domestic replacements are expected to make up for it. STAR5 may never be released again.

In the evening, another rumor came out that Apple was also involved. The rumor said that this was Apple's method. The iPhone series products could not compete with the STAR series products under Xingyu Technology, so they used such a despicable outside trick.

With the outbreak of hot spots, all kinds of news are flying all over the sky now, making people dazzled.

The game of public opinion on the Internet is also particularly fierce, and fierce competitions are staged.

[Apple is really shameless. ]
[To compete head-on is just to use the tricks of indiscriminate use. ]
[It’s just a rumor, don’t talk nonsense without evidence. ]
[Just hard wash, right? ]
[Ha ha?Just a rumour?Who will benefit the most from the collapse of Xingyu Technology?There is no doubt that Apple, it has enough incentive to do so. ]
[From today, Apple is no longer qualified to call itself a great company. It used to be a pioneer in promoting technological progress, but now it has become an obstacle to technological progress. The former brave has become a new dragon. ]
[The big eastern country does not allow such a powerful company to exist! ]
[Facts have proved that Xingyu Technology is nothing more than that. It seems powerful, but when the chip gets stuck, it burps. I almost believed it haha! ]
[Those upstairs are either stupid or bad, but anyone who has an understanding of chip semiconductors will not say such Shabby remarks. ]
[Understand, after all, people have received dog food and have to work. ]
[Chip, chip, or chip, when will we catch up...]
[Is STAR4 really going to be the swan song? ]
[Holy shit, hurry up and get one, you may not have to sell it in the future. ]
……

(End of this chapter)