Wanjie Technology System

Chapter 389 I’ll exhaust you to death (Second update)

The next day, Li Jianxi received a piece of news that made him desperate and vomit blood!

That is, all the dozens of companies that had cooperated with them before refused to order chips from them. All of them wanted to order 5G chips from Xingchen Group!

Li Jianxi saw this situation and hurriedly held an emergency meeting.

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

"We must 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 in the warehouse after they are manufactured?"

"President, I suggest lowering the price. I would rather make less profit than lower the price. Otherwise, our chip department will be scrapped."

Li Jianxi looked at the opinions expressed by a group of senior executives, and his brows were still furrowed. He was also very clear about these situations.

"It seems that we can only lower the price!" Li Jianxi took a breath, "But our products are worse than those of Xingchen Group. So if we lower the price, we have to be cheaper than Xingchen Group's chips. Otherwise, we have no advantage at all."

"What the president said is right. How about we be 10% cheaper than Xingchen Group's chips?" A senior executive suggested.

"If we are 10% lower than Xingchen Group's chips, how much profit will we have left?" Li Jianxi asked in a deep voice. Doing business, you can't always lose money. He has to have a number in mind.

A secretary began to calculate quickly.

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

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

"It's better than no profit." The vice president curled his lips. If they lose the chip customers, not only will they not make any money, but they will also lose money. Faced with all kinds of problems.

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

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

They were also extremely terrified when they heard the news.

After all, they, like Samsung, just lost the Chinese market, but did not expect to lose other overseas markets in the next second. If this continues. Then they will face the crisis of having no customers!

The chip products they produce have nowhere to sell.

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

Now they have no words to say.

So in order to retain their original customers, these two companies can only choose to lower prices!

…………

Xingchen Group.

Half of the senior executives sent by Qin Hailang have not returned yet.

However, he received good news, that is, many companies are willing to buy his Xingchen 5G era chips. We snatched away most of the customers of Samsung and other three companies.

In the conference room, a group of senior executives congratulated us.

"Congratulations, Chairman! I never thought that one day we could snatch Samsung's customers. It's so cool to think about it!"

"That's right! Samsung probably has nowhere to cry now."

"In the past, we in China always needed to import chips from Samsung, Micron, and Hynix. I didn't expect that now the situation has changed and we no longer need to import chips from each other. And we also snatched away the chip customers from each other. It's really a matter of time."

"Haha... Okay, don't be happy too early. I don't care about Micron and Hynix. But Samsung is a Fortune 500 company, backed by the Samsung Group. It is a behemoth. It's not easy to defeat it. Now I have received a bad news. That is, Samsung has chosen to reduce the price of chips! The price is 10% 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. Samsung's profit has become so small that it's scary. Its move is obviously to start a price war with us and win back those lost customers." A senior executive said seriously.

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

"Boss Qin, what should we do now?"

"Humph, Samsung and I are playing a price war? Haha... I'm least afraid of price wars. Tell those people on business trips. Our price is 3% cheaper than Samsung's price cut. Try to win all the customers." Qin Hailang said coldly. Humph, you're fighting a price war with me, I'll wear you out!

"Okay, Boss Qin."

"Boss Qin, if we cut the price so much, what about our profit?" A senior executive said worriedly.

"Don't worry about this. Our production lines are all fully automatic and intelligent. Even if the price is reduced to this level, our profit is still very substantial." Qin Hailang waved his hand and smiled.

"That's good, haha..."

"Boss Qin is awesome."

…………

Originally, after Samsung, Micron, and Hynix all cut their prices, those companies that were still waiting and watching wanted to continue buying Samsung chips after seeing this news. After all, it is 10% cheaper than the Star Group!

Besides, Samsung's chips can still be used at present, and the main thing is that they are cheap. The cheaper, the greater the profit these companies will get. Why not?

But the next day, the Star Group announced another price cut, which was 3% cheaper than the price cuts of Samsung and other companies!

In an instant, these companies that were waiting and watching once again threw themselves into the arms of the Star Group.

Samsung and other three companies almost vomited blood after seeing this news!

Samsung.

Li Jianxi looked at the information on hand, and wanted to vomit blood in his heart, and wanted to roar: "Doesn't this Star Group need to make money? Doing 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, the Xingchen Group has been reducing prices again and again. If we follow suit and reduce prices once again, we will not be able to make any money from our chips! There will not be any profit at all." A senior executive said in a deep voice.

"Then should we continue to reduce prices?" A senior executive asked cautiously.

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