Chapter 334 LG's Panic
Lu Zixin said helplessly: "I have a lot of things here!" He didn't speak until the phone rang again, and it was not a simple person who could have his private number.
"It seems that we have to work overtime this month!" Tang Gang laughed. Although he knew that the next task would be heavy, he couldn't stop him from being happy.
"It's finally time to enter the North American market!" Su Zhirong was a little excited. After working hard for more than a year, Hongxin finally got the best opportunity.
...
On the Internet, a report analyzing the U.S. changing trade strategy analyzed the beginning and end of the Sino-U.S. trade friction. And commented, this is the first time that the US has taken the initiative to make a big concession. The reason for this is that the rapid development of my country's technology companies has forced the US to open up its national trade market.
Hongxin's artificial intelligence technology, chip manufacturing, the network of the sky, operable virtual projection... Finally, one day, we also have a high-tech enterprise that can affect the world economy!
As soon as this report came out, it was forwarded and reprinted like crazy, and everyone was proud of it.
"Mighty! Let Americans feel the power of science and technology from the East!"
"Love Red Letter, I hope Red Letter will get better and better!"
"China's economy is about to rise in an all-round way!"
"Get the money back in America! Come on!"
"(Expression: Applause) I really want to set off fireworks at the door of the Red Letter Group!"
"America has Apple, Korea has Samsung, we have Red Letter!"
...
The reputation of Hongxin Group has once again risen to a new height. Many older generations who don't care about mobile phone brands also knew about Hongxin Company through word of mouth and decided to change to Hongxin Company's products.
During this period, Hongxin's various smart products actually ushered in a wave of small peaks, and sales rose sharply, comparable to the release of new products.
The Sino-US trade friction has also entered a brief period of peace because of this peace talks. But both sides know that this is only temporary, and more intense friction is yet to come.
A new economic storm is imminent as Chinese companies enter the U.S. market aggressively. This storm will change the pattern of the world economy! Each party is carefully preparing, and major companies are looking for ways to protect themselves or opportunities for breakthroughs.
Every day, new news comes.
"Today's news: President Hua Wei announced that he has resubmitted an application to the Federal Communications Commission to restart cooperation with U.S. telecommunications operations."
A few days later, Zhongxing Group announced: "Cooperate with the US investigation of Zhongxing and regulate business practices in the United States, and the ban will be lifted soon."
It is reported that SMIC is conducting technical cooperation with American chip giants to develop new smart chips.
Even Hongxin Group has announced several big news and is preparing to enter the US market.
At the same time, Hongxin will launch a brand-new Sky Star small communication satellite to deploy a 6G communication network throughout the United States, and the operating qualifications will be licensed to US telecom operators in frequency bands.
Every news has a big impact. Other groups can't wait to start entering the US market and adjust their corporate strategies.
And the red letter is still waiting. Since it wants to enter the North American market, of course, Hongxin has to become famous. Therefore, Hongxin Group has decided to hold a global launch of Hongxin smart products in the middle of next month!
Its focus is not only to stabilize the existing market, but also to open the first shot of the North American market!
At the global conference, Hongxin Electronics will release three new smart products, please wait and see!
In China, users are naturally looking forward to it, and many fans even directly claim that as long as Hongxin releases new products, they will definitely support it!
But this time, the battlefield of Red Letter is in the North American market, the domestic mobile phone market, and Red Letter is already the top.
The major giants in the North American market are really going all out this time. The North American market is the world's largest smartphone sales market. They have been defeated by Hongxin Group in the Chinese market. If they lose in the North American market, the mobile phone industry will completely change.
In the current North American smartphone market, Apple and Samsung are on a par with each other. From time to time, you are higher than me, and I am higher than you, each occupying about 30/50 of the market share.
The third largest technology company in Korea, LG Group, has a market share of about 15%.
The fourth is China's Zhongxing. When other companies in China were restricted, they developed well in the United States. Just encountered a huge crisis, and encountered a policy change, luck is very good.
Not to mention other brands, with the strength of Hongxin, how can they surpass them.
In the near future, Huawei and other Chinese companies are also entering the US market, and they have also deliberately stepped up their efforts to get ahead of Hongxin and enter the market in advance to grab market share.
For Hongxin to enter the US market, the pressure on Zhongxing Communication is not too great, at least it is better than the seven-year ban before them.
Anyway, their products are not high-end, and there is no direct conflict with Hongxin. And Apple, Samsung, and LG are miserable. These three companies are working overtime almost day and night to discuss how to curb the red letter and attack the red letter in the North American market.
Korea, Seoul, where there is a super multinational corporation, the LG Group, which ranks among the top five in Korea, enjoys a global reputation in the three major fields of electronics and information communication, home appliances, and chemistry.
LG Group and Samsung Group intersect in many fields, and in some fields, LG is even better than Samsung.
At this moment, in the LG Group headquarters building, high-level executives are having a heated discussion about how LG Group can face the competitive pressure from Hongxin Group.
Jiang Maomin, the current president of LG Group, has been an executive of LG Group for more than 20 years! It can be said that he has witnessed the development of an era, and LG Group is also in his hands and has become a multinational super-large enterprise. It can be said to be a celebrity in the world's technology and economic circles!
"Hongxin Group will enter the North American market next month! There is no doubt that they will bring products with no screen and high intelligence! This is the most positive collision for us!" Jiang Maomin, the chief executive of the conference table, His hair was half white, and he looked a little tired.
LG's stock has been falling since several announcements from Hongxin Group. Especially with the advent of operable virtual projection technology, when the sound of going to the physical screen is widely available, they will be affected even more.
Screen manufacturing has always been a major business of LG Group. If the screen manufacturing technology is eliminated by virtual projection, it is equivalent to cutting off an arm of LG!
Now, Red Letter has broken through the blockade of the US market and will compete with them in the North American smartphone market. Samsung and Apple are strong, and they may be able to withstand it. The third-ranked one is dangerous, and if they are not careful, they will become a stepping stone for others.