My fintech empire.

Chapter 1357 [If you don’t want to be replaced, you will be replaced]

Some mobile phone manufacturers in the industry have not yet recovered from the sudden launch of STAR5 and were caught off guard. It’s only been ten days, and it’s been on the shelves for only ten days, and there’s already a big price cut?
When seeing the news about the price reduction of Xingyu Technology's STAR5, some mobile phone manufacturers were even desperate and wanted to just give up. There was really no way to play this game.

In fact, you can definitely play it, but you have to change the way you play it.

Many netizens are right in their heated discussions and analysis. This is a conspiracy. The domestic semiconductor industry alliance has been established, and the price of domestic replacement chips has been reduced by ten times. To achieve domestic substitution, there must be people who use it before it can be replaced, otherwise it will be a lonely replacement.

However, some mainland companies and so-called friendly competitors may not want to make substitutions. Even if they want to use them, there is still resistance. The resistance lies in the fact that many of these manufacturers have foreign capital, and some even have a large share of equity and have a lot of say within the company.

Fang Hong is of course aware of these situations, and his attitude towards this is to push forward directly without giving any room for maneuver. Either you follow the domestic substitution, or you don't want to replace, you will be replaced.

The logic is not complicated, it's that simple.

Those friendly competitors or other electronic product companies that are still unwilling to use domestic alternatives in the field of semiconductor chips today will really be buried along with the Western technology companies. If they insist on being buried along with them, Fang Hong will definitely not stop them.

There are a lot of people who want to get to the top. If you leave the market vacant, it won't be long before someone else takes over.

Not to mention anything else, over the past few years, several mobile phone manufacturers have joined the TOS ecological alliance early on.

At that time, Xingyu Technology's S680 chip was defective, which led to its discontinuation in the STAR4 mobile phone. It has been unable to launch a new generation of flagship products for four years. In order to stabilize the user scale of the TOS ecosystem, it hoped that other manufacturers would leave the Android camp and join the TOS camp, but in the end, none of them did.

In the end, Qin Feng was so angry that he directly supported a group of younger brothers. Some of them even started out as copycat mobile phone companies, and they successfully seized the opportunity and took advantage of it.

Today, there are four younger brothers, namely, Huaxin, Longlian, Haili and Tongmai, which are mobile phone brands. Compared with those active first-tier volume king manufacturers in China, they have little fame and popularity.

But they have actually been living a pretty comfortable life in the past few years. These brands did not fight to the death with a group of super-successors in the mainland market. They knew they could not beat them, so they wisely chose to change lanes and went to Africa, Latin America, Central Asia, West Asia and other regions to develop markets.

Especially in the African market, these brands have caused a heated response and are very competitive locally. The domestic major volume manufacturers are far less well-known in Africa than the four major brands of Huaxia, Haili, Tongmai and Longlian.

In fact, at the beginning, there were six brands that entered the market at about the same time. They eventually formed an ecological niche and made a fortune in their own ecological niche. The other two brands were crushed and went bankrupt, eventually forming the current pattern of four major brands: Hua, Hai, Tong and Long.

Which of these brands doesn’t want to take a leading position in the domestic market?
Moreover, their development over the years has not been crushed by the fiercely competitive market, which means that they have a certain foundation. If those domestic super-successors were buried along with those Western technology companies, the ecological niches and market shares would be vacated, and these brands would be able to come back immediately and quickly take over the market share.

So if they wanted to be buried with him, Fang Hong didn't even bother to blink. Just go ahead and be buried with him. Maybe the world will be a better place without you.

If you don't want to be buried with others and don't want to die, then just follow suit and use domestic alternative chips. Anyway, the price of chips has been brought down, so you can use it if you want, and forget it if you don't want.

……

That evening, when the Northern Magnesium stock market opened, many Western technology stocks plummeted again, and the plunge had already begun in pre-market trading.

Those technology companies that had plummeted a while ago, such as Apple, Qualcomm, Intel, ASML, Texas Instruments, etc., fell again today. Basically, the cumulative decline of major listed companies has exceeded -35%, and some have even plummeted by more than 40%, approaching a halving.

Today, several Western technology giants saw their share prices plummet. The first to be hit was Microsoft, which plunged more than 15 percentage points during the day, evaporating more than $1200 billion and shrinking its market value from $8000 billion to $6869 billion.

It is worth mentioning that Apple’s current market value has barely held on to $6000 billion, and it once shrank to the $5500 billion mark a few days ago.

In the current Beijing stock market, Amazon ranks first in market capitalization with a market capitalization of US$9012 billion, followed by Google with a market capitalization of US$8436 billion and Facebook is close to US$6000 billion.

These three companies are giants in the Internet industry and have not been affected for the time being.

In the latest ranking of global listed companies' market capitalization, measured in US dollars, Xingyu Technology's latest market capitalization is firmly in the top spot with 1.30 trillion US dollars. If it were not for the depreciation of the RMB exchange rate in the last one or two months, the market capitalization would be far more than 1.3 trillion US dollars, but 1.39 trillion US dollars.

Matrix Quantum followed closely behind, with a market value of 1.02 trillion.

Currently, there are only these two listed companies in the world in the trillion-dollar market value club. Both of them are technology companies and are from the Eastern world, not the Western world.

Amazon and Google ranked third and fourth, Microsoft ranked fifth, Apple ranked sixth, Facebook ranked seventh, Ali ranked eighth with US$4955 billion, and ninth and tenth were Berkshire Hathaway and Morgan Stanley.

Among the top ten listed companies in the world by market value, three are from the Eastern superpower, and seven are from China. However, the first and second ranked companies in the world are both from the Eastern superpower.

It can also be seen from this ranking that except for Rabbit and Eagle Sauce, no one else can be ranked.

Judging from the current data, the Eastern Power has broken through the ceiling and started to accelerate its growth, while the old magnesium has an overall advantage relying on its own foundation. But this situation will not last forever. After the Eastern Power breaks through the ceiling, there will be a large number of companies that will bravely move forward, and they are all listed companies on the SGX market.

The seed players include Jiuzhou Blue Arrow, Jiutianxing Network, Xinwei Semiconductor, Yixin Video, Kunpeng Technology, and Oriental Express, etc., all of which are expected to enter the top ten in the world in terms of market value in the future.

This includes the "Aerospace Electric Power Energy Company" that is being planned. This company does not exist yet, but Qunxing Capital has already created a new folder long ago.

The Aerospace Electric Power Company is the inevitable product of the "Sun Chasing Project" plan. Looking at it from a 30-year perspective, this company is very likely to become the world's largest company by market value in the future.

Today, among the top ten listed companies in the world, seven are from China. But in three years, listed companies from the Eastern superpower will surely occupy half of the top ten. In five years, the positions will surely be reversed, and listed companies from the Eastern superpower will surely occupy seven of the top ten, leaving only three from China.

Ten years later, the world's top ten listed companies will all be occupied by the Eastern giant, and there will not be a single listed company from Laomei.

Because, after ten years, even the old magnesium will be gone.

……

(End of this chapter)