Wanjie Technology System
Chapter 397 Hynix lost 90% of its market share
After the matter was settled, Qin Hailang and others began to return to China the next day.
After returning to China, Qin Hailang continued to immerse himself in the company's business.
A month has passed since the price war with Samsung, Hynix, Micron and other companies.
Anyway, now the three companies are miserable!
Because they haven't seen the Xingchen Group's capital chain break yet, it seems to be getting stronger and stronger.
Samsung corporate headquarters.
Li Jianxi looked at the report in his hand and frowned!
"Our chip market share has lost 70% in the past two months? Most of it is due to the loss of high-end chip orders!" Li Jianxi stared at the market manager Li Zhi in front of him and asked in a deep voice.
"Yes! Among them, the chip share of the Chinese market accounts for 50%! Then the European and American markets account for 20%! As for the 30% of old customers we still retain, they are orders from backward countries. They all require 20 nanometers and 30 nanometers. Orders for nanometers and above." Li Zhi nodded helplessly.
Enterprises in these areas are affected by lack of money and environmental impact. They simply don't need advanced chips and integrated circuits above 20 nanometers.
Take Africa as an example. Most areas are using old-style mobile phones. Even if you ask him to buy a smartphone, he can't afford it.
"If this continues, we will probably lose even this low-end market. It has only been less than two months." Li Zhi said with a grimace. The robbing ability shown by Xingchen Group is really abnormal. Mainly because their products are so good.
If everyone is making 14nm products, the quality of their products will be better than yours. And the price is the same as yours!
The key is that Samsung has already cut prices twice, making it basically unprofitable.
"What about the integrated circuit market? How much has been lost?" Li Jianxi asked in a deep voice.
"We have also lost 60% of the integrated circuit market share. Among them, the Chinese market has been completely lost, accounting for more than 40%..."
Li Jianxi felt his head hurt very much when he heard the bad news one after another.
"What's going on with Xingchen Group now? Are they still selling at the same price as us? Are there any obvious fluctuations in the capital chain?" Li Jianxi continued to ask.
"Yes, the other party has also been doing this for two months! There is no movement in the capital chain at the moment." Li Zhi said truthfully.
"Hmph! I don't believe it can last for half a year!" Li Jianxi is still very confident about his company's funds. No matter how bad it is, there is still Samsung Group behind it.
The boss has spoken, hold on, the Xingchen Group must be killed!
"Yes, CEO, I also think that Xingchen Group is holding on now and it won't last long." Li Zhi agreed.
…………
Micron headquarters.
"Boss, in the past two months, we have lost 89% of our chip orders! Starting from half a month ago, our turnover has begun to enter negative growth."
"The Chinese market has all been lost, and the European and American markets have also suffered serious losses! Moreover, we have been selling chips at cost prices for more than a month. As a result, we have already had some problems in our capital chain. If this continues, in more than a month, we will have to We are considering laying off employees. Several of our factories often have no production orders!”
"Many middle-level and high-level leaders are beginning to panic."
"I don't think we can beat Xingchen Group in a price war!"
"Nonono, I think we should continue to persevere. Look at Samsung and Hynix still persevering. This time the three of us have joined forces to resist the Star Group. Are we going to give up so quickly?"
"I think it's better to open up the low-end market quickly or compare prices. The technology of Xingchen Group has already reached 1 nanometer technology. We are still stuck at 7 nanometer technology..."
…………
Hynix headquarters.
"Bang!"
After listening to the report, Hynix Vice President Li Xianghe slapped his hand on the table with an angry look on his face: "The chips we are proud of have lost 90% of their market share in just 2 months. Market you all." What is it for? Even if our technology is not as good as that of Xingchen Group, even if our products lose their competitiveness, we can’t lose it so quickly!”
"Mr. Vice President, it's not that we don't work hard. It's that Xingchen Group's poaching ability is too strong. I don't know how the other party has all our customer information. They are looking for our old customers one by one. All our old customers are They all defected," the marketing manager said with a grimace.
"Is there a mole in our company?" Li Xianghe frowned.
"This..." The senior executives looked at me and I looked at you, but no one dared to speak.
"Hmph! If we continue like this, if we don't get better in two months, we will have to lay off employees!" Li Xianghe roared. There are now a lot of chip products piled up in warehouses that cannot be sold. At the same time, several of its factories have no orders to fill. But employees’ wages must continue to be paid.
The rent for the factory must continue to be paid!
Various maintenance expenses must continue to be paid.
The key point is that they have been in a price war with Xingchen Group for the past two months, and they have not made a penny from the sales of their products. Some orders even lost money due to some problems.
Anyway, I have been resting on my laurels these past two months.
No matter how rich the capital is, eating like this will still cost GG.
"Boss, what does our SK Group say?" a senior executive asked.
"Hmph, our parent company said that if this continues, we will be sold! Our company will either be acquired by others or face bankruptcy." Li Xianghe said unhappily.
This sentence made the senior executives here feel insecure. If the company is acquired or goes bankrupt, it will not be good news for them.
"Let's think of a way!"
"Alas~"
…………
Qin Hailang has always asked Honghou to monitor the situation of these three companies.
He would pay attention to Honghou's report almost every few days.
Seeing that these three companies are getting worse day by day, he is very happy in his heart.
"Well, it won't be long before we kill them." Qin Hailang said in his heart.
"The chip side is going well, and my integrated circuit side is also progressing well. It seems that the double guns have been fired!" Qin Hailang touched his chin and muttered to himself. Now his Xingchen Group has undoubtedly become a world giant in the field of integrated circuits, chips, and semiconductors. Whether it is technology or other aspects.
In the next year, this area can bring him huge wealth!
That's a turnover of 300 billion US dollars.
Even if the cost is deducted, he can probably make tens of billions of dollars. Profits of tens of billions of dollars are the profit level of a Fortune 500 company.
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