Reborn since 1993

Chapter 718: Across the Pacific Ocean, Crying with Greed

Faced with Ed Fleiss's question, the Microsoft inland employee was stunned for a moment before turning his eyes to the TV.

The news on the TV was from the central media's financial channel, "The Shenzhou electronic dictionary, published by Dongling Hi-Tech, a well-known Chinese technology company, has started selling well around the world today!

The second generation of Shenzhou electronic dictionaries has been launched in markets including mainland my country, Hong Kong, Macau and other places, and is also being sold simultaneously in South Korea, Singapore, Malaysia, India and other places!
This is the first time that a technology company in my country has launched products simultaneously in the global market. The Shenzhou second-generation electronic dictionary has been welcomed in many places.

The Shenzhou Electronic Dictionary sales store on Hanjiang Road in Yongsan District, Seoul, Korea, attracted more than 600 consumers to line up to buy! "

As the most inward-looking place in the world, Shenzhou electronic dictionary is really a necessity in Korea. Even if it only plays some auxiliary role, as long as it can help the Korean college entrance examination, it is a necessity!

To a certain extent, the popularity of Shenzhou Electronic Dictionary in Korea even exceeds that in China. The Korean college entrance examination can truly determine the fate of a Korean person's life.

If you are admitted to a good university in Korea, after graduation, you will have the opportunity to enter the Korean Inspection Office, or work as a slave for a chaebol. Being able to enter a chaebol is considered the best way out in Korean society. There are many Koreans who want to work as slaves for chaebols, but they don't have that opportunity.

If you fail the exam, your fate in this life is basically determined in South Korea. You will never be able to climb into the upper-middle class and can only wait for the next generation to change your destiny.

"In other markets, including Singapore and India, the stores selling Shenzhou electronic dictionaries are also popular among local users!"

The central media's financial channel spent a full five minutes reporting on the overseas sales of the Shenzhou electronic dictionary, which was basically the same as in China, with both being snapped up.

In overseas markets, on the first day of the launch of the second-generation Shenzhou electronic dictionary, the market that performed the most crazily, apart from the Koreans, was actually the Indian market!

The Asan market is also a place where internal competition is rolled into a dough twist, but it is different from other markets. In Korea, English is related to the college entrance examination. To be honest, although it is also crucial, it is not a matter of life and death.

But it’s different in India. In India, if you want to go to university, enter a prestigious overseas university, become an Indian civil servant, and enter upper society, you must know English!
Whether or not one can speak English is what truly determines the fate of people living in India. However, in this era, only less than 10% of people in India can master English. For the remaining 90%, or even a considerable number of people, they do not even have the opportunity to learn English. Most Indians speak the local dialect of their state all their lives.

Last year, when the Shenzhou electronic dictionary entered India, it caused a sensation and led to a rush for it in New Delhi, Mumbai and other places.

Even some Indian slum families scrambled for the Shenzhou electronic dictionary, hoping to take the opportunity to teach their children English.

As long as you learn it, you will have the opportunity to enter America, old Europe, etc., work in companies opened by Indians, and your family will have the opportunity to move out of the slums.

Although one can learn English with the help of the Shenzhou electronic dictionary and then have the hope of being admitted to a university, studying abroad, entering the government, and finding a high-paying job in a foreign company, to be honest, no one knows how great the chances are in India.

But the emergence of the Shenzhou electronic dictionary has finally given hope to many Indian families. Compared with their previous stagnant life with no hope at all, they now have a little more to look forward to.

As the agent of Shenzhou Electronic Dictionary in India, we basically made a fortune. Even if we doubled the purchase price, the demand still could not meet the supply.

Therefore, although Dongling Hi-Tech required payment before delivery, the Indian agent grumbled a little, but he still paid the money and took the goods obediently, because he could really make US dollars!
"The second generation of Shenzhou electronic dictionaries is a hot seller overseas. The estimated overseas sales on the first day may exceed... 220,000 units, which has already exceeded the first day sales of the first generation of Shenzhou electronic dictionaries last year!"

The Microsoft domestic employee translated the news reported on TV to Ed Fries.

The first-day sales of the Shenzhou electronic dictionary have not yet been released, but the sales in foreign countries such as Korea and India alone are estimated to have exceeded 220,000 units. That is, the overseas sales alone have exceeded the first-day sales of the first generation of Shenzhou electronic dictionaries, and this does not include the sales in inland areas, Hong Kong, Macau and other places!
"Two hundred and twenty thousand machines?"

Ed Fries asked in surprise. Even though he didn't know much about the electronic dictionary market, he knew that this number was definitely not a small number.

"The news said that the overseas revenue of Shenzhou's second-generation electronic dictionary on the first day is expected to exceed 24 million US dollars!"

The Microsoft inland employee said to Ed Fries.

The supply price of Shenzhou electronic dictionaries to overseas agents is about US$90. This is just the supply price. Add tariffs, transportation costs, warehousing, publicity and other expenses. An electronic dictionary is sold for more than US$150 in the hands of Korean and Indian agents, or even doubled to US$180. This is not uncommon.

When the market was at its hottest last year, Korean dealers were still able to sell out a Shenzhou electronic dictionary at a price of over $250.

If we add in the SD memory card, backup battery, casing, USB data cable, etc., Dongling Hi-Tech can earn about US$108 for each Shenzhou electronic dictionary imported by overseas agents from Dongling Hi-Tech.

With 220,000 machines, Dongling Hi-Tech can earn $24 million in sales, which is almost 200 million RMB in revenue. However, in China, earning foreign exchange and RMB are not the same thing! Hearing that Shenzhou Electronic Dictionary earned $24 million in one day, and that was only the overseas sales, and Dongling Hi-Tech's basic sales in the inland area had not yet been calculated, Ed Fleiss couldn't help but take a breath.

In the software industry, Microsoft is already invincible, but in the hardware industry, the performance of Shenzhou Electronic Dictionary will undoubtedly make Microsoft cry with envy.

If this result was achieved by Microsoft, Ed Fleiss would have reason to believe that it is not impossible for Microsoft's stock price to jump up 20% when Nasdaq opens tomorrow!

Now Ed Fries can't help but feel more hopeful about going to Hanxi. If the stargazing digital video recorder developed by Dongling Hi-Tech in cooperation with Microsoft can achieve such results, the Microsoft board of directors will probably be very happy!

After waving his hand to let everyone leave, Ed Fleiss returned to the room, thought for a moment, and decided to call Bill Gates to report on the performance of Dongling Hi-Tech's new products in the Asian market.

……

No matter what Ed Fries was thinking at the moment, the Shenzhou second-generation electronic dictionaries were still being sold one by one.

Cao Taizheng, along with his two scalpers, hurried back to his residence, escorting 500 machines purchased for more than 300,000 yuan.

This is all his fortune. If he doesn't get someone to protect it back, Cao Taizheng feels uneasy.

It was the first time for the two scalpers to do such a big business. They invested 10,000 or 20,000 yuan each and then waited for the dividends after selling the machines.

Looking at the boxes of beautifully packaged Shenzhou electronic dictionaries with authentic stamps in front of them, the two scalpers gasped for breath. In their eyes, this was just a large pile of RMB!

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These 500 machines could potentially allow them to get back 450,000, or even 500,000 or 600,000, of the 300,000 they invested in within a few days!

"Brother Cao, can we really sell so many machines?!" The two scalpers asked Cao Taizheng worriedly.

"Put your heart back in your stomach. If you can't hold it in, take a few sleeping pills and get up again in a few days!"

Although Cao Taizheng was unsure, he still scolded the two scalpers. The most taboo thing at this time is to not have wild thoughts or sell the machine at a low price. At this time, you have to be patient and gamble whether the Shenzhou electronic dictionary will be out of stock in a few days!

After locking five hundred machines in the room, Cao Taizheng pinned the key to the room on his trousers. For the past few days, he stayed in the living room and didn't go anywhere. No one could take the key out of his crotch!
"We have prepared enough inventory for the Shenzhou second-generation electronic dictionary, so you don't need to worry about not having enough products!
We will continue to produce machines according to market demand..."

Watching Zhang Ao, the general manager of Dongling Hi-Tech's marketing department, who was accepting a media interview in a serious manner on TV, the two scalpers were obviously a little flustered when they heard this, and they had no appetite for the roast duck in their hands.

If Dongling Hi-Tech has enough inventory, then wouldn't the machines they stocked up be worth a lot of money? !
But Cao Taizheng still maintained his "general demeanor" and ate slowly and leisurely. If Zhang Ao had not said this, he would have been a little worried, but when he saw Zhang Ao say this, he was no longer worried.

Because last year, Zhang Ao also said in an interview with the media that the Shenzhou electronic dictionary has sufficient inventory and there is no need to worry about not being able to buy it.

As a result, within two days after Zhang Ao finished speaking, Shenzhou electronic dictionaries were completely out of stock on the market. They became hard to come by, and the prices of machines in the hands of scalpers and middlemen kept increasing. Cao Taizheng also made a fortune at that time.

Zhang Ao has now almost become a negative indicator in the eyes of scalpers. He said there is no need to worry about not being able to buy the machine, because it must be due to insufficient production capacity!

……

In Rongcheng, Shuchuan, Chuanrong Electronics Company is busy at the moment, and everyone is working overtime. Jin Shengmao, the founder of Chuanrong Electronics, also returned to the office after patrolling the company, dragging his tired body.

At this moment, there is a camp bed in Jin Shengmao's office. Although he was criticized by the media for cutting leeks in the stock market, he is very concerned about the company's business and knows what is most important.

Jin Shengmao has been staying in the office these days, and has been personally supervising the operations at Sichuan Rong Electronics Company.

"Boss, Rongcheng Evening News, Rongcheng Daily, Shuchuan Finance and other media want to interview you. Do you want to meet with these media?"

"In addition, the general managers of some institutions such as Shuchuan Securities also want to have a meal with you tomorrow!"

(End of this chapter)