My fintech empire.

Chapter 1383 [Selected by Lao Mei, trustworthy]

At around 16 p.m., Fang Hong received a document from Xingyu Technology, which contained overseas sales data of the first-generation commercial version of the smart headset, MIX, and the STAR5 smartphone.

At present, Xingyu Technology has only developed one overseas market, namely the Eros market, and has opened its first overseas official offline flagship store in Mosike. The specifications are at the same level as the Xincheng flagship store. It is currently under renovation and is expected to be officially put into operation in one month.

The Eros market is an important overseas market layout of Xingyu Technology this year. It cannot enter the European magnesium market and is blocked by the old magnesium market, but it does not mean that the products cannot enter. Now a set of Xingyu Technology brand product line industrial chain has been formed.

To put it bluntly, it entered the hands of consumers in Europe and America through the black market channels. There are a group of people in China who specialize in reselling this. The products are shipped from Hong Kong and then delivered to Europe and North America. Among them, the best-selling product is not the STAR series of smartphones, but the commercial version of the MIX headset device.

It is mainly used by game players and some urban white-collar workers to assist in office work. The sales of this product are hot because there is currently no competitor and it can be easily connected to the Internet.

According to the latest data, the cumulative sales of the commercial version of MIX in China have reached 659 million units. Including the part entering Hong Kong, the part flowing into overseas has exceeded 1000 million units. In other words, global sales, excluding the Greater China market, have reached 1660 million units.

The cumulative sales of STAR5 mobile phones in the Russian market reached 398 million units, and the global sales, excluding the Greater China market, reached 805 million units. The performance of STAR5 mobile phones in the Russian market is particularly worth mentioning because of its outstanding performance.

According to the latest market data provided by the Goose Ross smartphone retailer, the total shipments of smartphones and traditional mobile phones in the third quarter so far are 1150 million units, and there is still about half a month left in the third quarter.

With sales of 5 million units, Xingyu Technology's STAR398 mobile phone has captured 34.6% of the market share in the Ross market. In the second half of the year, it just entered the Da Goose market and directly became the sales champion in this market.

It's simply a fight between Samsung and Apple. Before Xingyu Technology entered the Indian market, Samsung phones were number one in the market, followed closely by Apple.

The market shares of these two major mobile phone manufacturers were directly halved in the third quarter. Apple has only sold 107 million units in the third quarter so far, and its market share has been reduced to single digits, only 9.3%. Samsung, which originally held the largest market share, is even worse. Its sales in the third quarter shrank by 69%, and its market share plummeted to 11.7%, with only 134 million units sold.

Currently in the Big Goose market, for every three mobile phones sold, one is a STAR3 phone.

Facing direct competition from Star Technology's STAR5, Apple mobile phones are not only powerless in the domestic market, but are also crushing the Russian market because, while having leading performance, they are also cheaper than Apple phones.

The basic version of the STAR5 mobile phone is priced at 66000 rubles in the Russian market, which is less than 7000 yuan. This price is more than 2100 yuan more expensive than in China, but even so, it is more than 87000 yuan cheaper than the local price of Apple's latest mobile phone. The latest model of Apple is priced at 9111 rubles, about yuan.

It is no exaggeration to say that judging from the third quarter smartphone shipment data in the Russian market, both Apple and Samsung were directly defeated and were in a state of madness.

Moreover, in the third quarter, sales of mobile phones from the Eastern superpower accounted for 50% of the market share in China. Brands such as Xiaomi, MeiZ, and Zhongxing also saw good growth. On average, one out of every two mobile phones sold was from a brand from the Eastern superpower.

The reason why Xingyu Technology's STAR5 mobile phone has such good sales in Big Goose is not only because of the strong competitiveness of the product itself, but also because of the continuously warming relationship between the two countries.

After Fang Hong finished reading the report, he posted a message on his Weibo account and announced the data, and then commented:

[Honestly speaking, we should thank Lao Mei very much. If it weren't for Lao Mei's suppression, Xingyu Technology's products wouldn't have become so popular so quickly around the world and wouldn't have been so famous all over the world. What Lao Mei did was equivalent to telling consumers all over the world that Xingyu Technology's products are the best. They had to suppress it because they couldn't compete. Otherwise, there would be no reason to do so. Now consumers all over the world know this.

I have to say this is a great advertisement. Laomei is a strict selector and trustworthy. The key is that this advertisement is free. Can you believe it? Now Laomei is helping our aerospace technology to advertise for free. Now the whole world knows about our aerospace strength. This is recognized by Laomei, and it doesn’t cost any advertising fees. 】

Fang Hong suddenly posted a Weibo post online, which became a hot topic in less than half an hour, and attracted countless netizens to comment on it.

[Hahaha, God K, you are stealing the bamboo shoots, but I like it! ]
[Laomei's selection, haha, I laughed like a pig.]
[Amei is furious!]
[Good fellow, I just called him good fellow!]
[Skin!]
[Ah, this... is fun.]
[Wow, the STAR5 mobile phone is going crazy in the big goose market, directly cutting the sales of Apple and Samsung in the big goose market in half?]
[Those who say that the STAR5 mobile phone relies on the patriotic feelings of domestic consumers, your fruit machine is also being slaughtered in the big goose farm.]
[It was both unexpected and reasonable. Their competitiveness is there. They can’t compete with Apple in terms of price or performance. Moreover, Apple and Samsung have a bad relationship. I just didn’t expect that Samsung and Apple would be so defeated without any resistance.]
[Laomei’s sanctions are indeed free advertising, appearing in world news every now and then. Although it only entered the market of Goose this year, it has long known about the STAR series of mobile phones. It is worthy of Laomei’s strict selection... (covering face.jpg)]
[Achou: It’s not right to suppress, and it’s not right not to suppress. How can we play?]
……

In fact, since the first half of 2017, the market share of the mobile phone brand of the Eastern giant in Big Goose has reached one-quarter. At that time, STAR5 had not yet been launched on the market. It mainly relied on other domestic mobile phone brands, but in the mid- and low-end markets.

In just one year, with STAR5's entry into the big goose market, it filled the gap of the lack of strong brands in the high-end market and quickly doubled the overall market share growth rate of the Eastern giant's mobile phone brands, reaching half of the market today.

Now, domestic brands have covered the low, medium and high-end markets, competing with brands like Apple and Samsung in a comprehensive manner.

The reason why domestic brands were able to quickly capture the local market, especially the crushing success of the STAR5 mobile phone, is due to its good quality, powerful functions and extremely competitive prices. This has to be attributed to the technological breakthrough of the domestic semiconductor industry chain, which has enabled the STAR5 smartphone to reduce its price by 25% while maintaining its previous profit margin. The result is also obvious, and the competitiveness of domestic brands such as Apple and Samsung has been crushed.

At present, in the stores of the three major telecom operators in Da Goose, domestic brands occupy half of the mobile phone counters, especially with the entry of the STAR5 mobile phone. On major e-commerce websites, the popular rankings of mobile phones are all domestic brands, and now the hottest one on the list is the STAR5 mobile phone.

Whenever a new mobile phone is released from the Eastern giant, Daye's electronic products website will update various information such as reviews and price comparisons as soon as possible.

……

(End of this chapter)