As for how to sell their mobile phones, everyone has their own methods, but most of them are price wars!
So we will soon enter the brutal battle royale stage, which is also the most brutal elimination stage!
“It seems that we must increase production as much as possible and eat the richest cake first while we are in the golden age.
Otherwise, we have to wait eight or nine months, and by then the richest and easiest-to-eat cake will have been eaten. "
At this time, Huang Hua, who was in charge of mobile phone sales, said thoughtfully.
“Even though I say this, I feel like it’s better to take it slow.
We have our own core technology for mobile phones. Although we may enter a brutal price war next year, with core technology we can always get a good piece of cake. "
Chen Dong, who is responsible for mobile phone production management, is relatively stable and does not want to take huge risks.
However, as the two expressed their opinions, they both focused their attention on Lin Chen, wanting to see what Lin Chen's final decision was.
However, facing the looks from Huang Hua and Chen Dong, Lin Chen thought for a moment, and then said decisively:
"Let's officially put it into production in early February as originally planned. As for the problem of insufficient funds, we just need to find a way to solve it."
Speaking of this, Lin Chen said his method:
"Huang Hua, next you are responsible for contacting the four major domestic banks to see if you can mortgage the shares of Sugon Technology to borrow 300 million yuan for the construction of the new factory.
Although we are currently short of funds, if we mortgage shares of Sugon Technology, we may be able to borrow 300 million yuan in cash for factory construction first. "
Originally, Lin Chen didn't like to take the loan route because the loan risk was too high and easily affected by the external environment.
After all, the market direction is always changing. When something bad happens to Sugon Technology in the outside world, it will make lenders anxious.
Then Lin Chen may be called for debt by the lender at any time, or even directly lose the company's equity!
So if possible, Lin Chen doesn't like to take loans to develop the company. Instead, he likes to walk down-to-earth instead of taking risks.
However, facing the financial pressure of the new factory at this time, Lin Chen had to take a risk, although he might lose his equity after being called for debt.
But as long as Sugon Mobile sells well enough, there is no need to worry about debt collection or loss of equity!
"Well, I understand."
At this time, Huang Hua nodded lightly and agreed. Although he was specifically responsible for the company's sales, he was actually responsible for handling various chores.
At this time, Lin Chen turned to look at Chen Dong:
“Next, in addition to loans, we must also find ways to increase the company’s valuation. As for how to increase the valuation, it is nothing more than increasing sales.
Sales volume is the most powerful business card of a company. Next, before the construction of the new factory is completed and put into production, we need to adopt a new business model.
That is to say, we will need to find a suitable motherboard foundry later and ask them to help us produce mobile phone motherboards. We will first solve our shortest board and increase production. "
Hearing this, Chen Dong immediately nodded in agreement and said:
"It's long overdue. Our mobile phone sales should not be limited to 120,000 units per month based on the competitiveness of our products.
I feel that there shouldn’t be much pressure to sell 200,000 units per month. It is also possible to sell 300,000 units per month. "
Facing Chen Dong's words, Huang Hua on the side also agreed very much.
If we talk about the brand of Sugon Mobile, this brand is indeed not very competitive. After all, it is a newly emerging brand.
However, with many unique selling points that no one has and I have, the current mere 120,000 units is indeed not the upper limit for Sugon’s mobile phone production capacity.
But Huang Hua seemed to have thought of something at this time, and then said solemnly:
"Master, I think that if you want to find someone to OEM mobile phone motherboards, you must find a formal and proven electronics foundry. For our OEM, we must give the other party the circuit drawings.
After we solve the problem of self-production of mobile phone motherboards in February or March next year, we will definitely not continue to find them for OEM. At this time, if they continue to produce our mobile phone motherboards secretly.
It will definitely cause us huge losses, so we need to find those regular OEMs and not sell us in a blink of an eye. "
"I support this."
Chen Dong on the side also nodded in support.
Lin Chen nodded slightly, then said with a smile:
"I have made a decision on this point. Let's go to Futukang for the mobile phone motherboard OEM.
This well-established electronics foundry has good capabilities. Even if we don’t turn to them for OEM work in the future, they probably won’t continue to secretly produce motherboards for our mobile phones. "
"Is it rich and healthy? This is unethical."
Chen Dong nodded in agreement.
"I don't have any objection either."
Huang Hua also nodded in agreement.
So as Sugon Technology made its decision, Sugon Technology fell into a busy working state.
The mobile phone market has also entered a relatively quiet period.
Sugon A1 mobile phones are still selling like crazy, and Sugon Electronics direct-operated stores in various places are also being constructed and opened one after another.
While domestic mobile phone brands across the country are envious and jealous, they are also holding back their big moves, waiting for a blockbuster in the future.
Just like that, time flew by, and more than half a month passed in the blink of an eye.
…
On October 16, 2002, when people thought it was another peaceful day, a newspaper article named Nanfang Metropolis Daily broke the tranquility.
The Nanfang Metropolis Daily is a large commercial newspaper in the south, and its popularity is even greater than that of the South China Business News.
On this morning, Nanfang Metropolis Daily reported the latest news interviewed by their reporters. As soon as this news came out, it triggered heated discussions in major newspapers and the Internet.
What is this news?
This news is based on the news interviewed by a reporter from Nanfang Metropolis Daily. Sugon Technology is currently in contact with the four major banks with the intention of loaning 300 million for the construction of a new factory!
Loan 300 million!
This 300 million yuan is a terrifying figure. Whether it is in 2023 or now in 2002, it is a huge and terrifying figure.
Of course, the significance of 300 million yuan in 2002 is much greater than that in later generations. In this era, inflation was not as serious as it would later be.
According to the subsequent inflation estimates compiled by Zhihu Dalao, taking into account prices, house prices, wages, and economic pressure...
This 100 yuan in 2002 is actually equivalent to 650 yuan in 2022, which is an inflation rate of 6.5 times!
Sugon Technology needs a loan of 300 million yuan at this time. This 300 million yuan multiplied by 6.5 times is actually equivalent to a mobile phone company in later generations that will need a loan of 1.95 billion yuan to build a mobile phone factory!
Therefore, in this era, a loan of 300 million yuan was required to build a factory. The sensation it caused was enough to shock the whole country.
After all, a loan of 300 million yuan is equivalent to a loan of 1.95 billion yuan in the market outlook in 2022, which is an amount of money to build a factory that is hotly debated by people across the country.
Therefore, this article successfully caused an uproar among readers as soon as it was published. It also caused major media outlets across the country to send reporters to Pengcheng to find out whether Sugon Technology's loan of 300 million yuan to build a new factory was true or false.
Suddenly, Sugon Technology, which had been silent for more than half a month, once again became the focus of the media, and major forums on the Internet were also hotly discussed.
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(End of chapter)
