If it is U.S. dollars, then based on the exchange rate of 8.27 RMB per U.S. dollar in June 2003, this 666 million Xia Yuan is equal to 83.28 million U.S. dollars.
As for the Sugon A2 mobile phone, they currently account for 35% of the total sales, which is 875,000 units sold, so Sugon Technology can earn 332 million from the Sugon A2 mobile phone.
If it is US dollars, then based on the exchange rate of 8.27 RMB per US dollar in June 2003, that is a monthly income of US$40.2 million!
Therefore, Sugon Technology’s current total revenue is 998 million Xia yuan, 123 million U.S. dollars. If all goes well, the net profit for that year is expected to reach 1.47 billion U.S. dollars!
The annual net profit is US$1.47 billion, which is considered very strong in the current era and is enough to rank among the top 300 of the world's top 500 companies.
But unfortunately, this revenue can only be ranked at the bottom, because according to previous history, Tongyong Auto's global net profit reached US$3.8 billion in 2003, which was 2.6 times that of Sugon Technology.
As for Nokia, the global mobile phone sales champion, it is even more terrifying. According to their previous history, their annual turnover was US$36.2 billion and net profit was US$6.1 billion. This revenue is 4.2 times that of Sugon Technology!
At present, companies such as Tongyong Automobile and Nokia are just small businesses after all. The ones with truly terrifying incomes are those monster companies ranked in the top 50 of the Fortune 500.
Sanxing Electronics' net profit in 2003 was US$4.96 billion.
Intel's net profit in 2003 was $5.6 billion
Noah's net profit in 2003 was US$6.1 billion.
Wal-Mart's net profit in 2003 was $9 billion.
Weisoft's net profit in 2003 was US$13.2 billion.
Citigroup's net profit in 2003 was US$17.85 billion.
ExxonMobil's net profit in 2003 was US$21.5 billion...
Shuguang Technology still has a long way to go, not to mention compared with those oil giants, even the weaker Sanxing Electronics cannot compare.
But the only good news is that Sugon Technology has defeated Motorola in terms of revenue.
Because according to previous history, 2002 and 2003 were the most difficult years for Motorola. After all, their business was too many and complex and they were losing money everywhere.
Therefore, after deducting various money-losing businesses, their net profit in 2003 in the previous life was only US$893 million.
Therefore, Sugon Technology, which is theoretically expected to have annual revenue of US$1.47 billion, has defeated Motorola's US$893 million.
Of course, theory is still theory after all, and the premise is that Sugon Technology needs to maintain the current state of full production and full sales, otherwise it will definitely be disillusioned.
So Sugon Technology still has a long way to go. Sugon Technology not only needs to continue to maintain the goal of annual sales of 30 million mobile phones.
We need to further reach the goal of annual sales of 60 million units. Only in this way can Sugon Technology be qualified to defeat Sanxing Electronics.
After all, Sanxing's annual income reaches 4.96 billion Xia Yuan.
Of course, Sugon Technology actually has additional income at this time, and this extra income is the income from the controller and the Sugon game platform.
This income is not much, and it is in the initial stage of growth. It is a small piece of meat that can be eaten for a while.
But unfortunately, in addition to project dividends for R&D personnel, all profits will be used to develop games and corresponding software and quickly build a software ecosystem.
After all, the construction of the software ecosystem is not much less important than the construction of mobile phone hardware in a sense. Sugon Technology must also pay attention to the construction of the software ecosystem.
Of course, these are all things in the future, and it will take some time to get results.
Now the whole Internet is amazed by the amazing achievements of Sugon Technology and is in an uproar over the achievements of Sugon Technology.
Although Shuguang Technology's sales performance was poor on the first day, the "stable sales" in the following days were terrifying.
82,000 units were sold every day, and 2.5 million were sold monthly. This result was enough to make news readers around the world into an uproar.
With the astonishing results of selling 82,000 units per day and 2.5 million units of mid-range mobile phones per month, people have realized that this company has the strength of a world-class mobile phone company.
Under such circumstances, many people have begun to estimate where Sugon Technology ranks in the global mobile phone industry.
After all, Sugon Technology sells mid-range mobile phones. The price of mid-range mobile phones is different from that of low-end mobile phones, and the profit earned from selling a mid-range mobile phone is also different.
A company's strength ranking is based on turnover and profit. At this time, although Sugon Technology has the highest annual sales volume, it is only 30 million units.
However, due to the fact that they are all mid-range mobile phones, many statistical agencies around the world have included Sugon Technology among the top 10 mobile phone companies in the world.
As for where it ranks among the top 10 global mobile phone companies? The most recognized ranking is the top five in the world.
That is, it ranks fifth in the world after Nokia, Motorola, Sanxing, and Soni Ericsson.
Of course, this is only the view recognized by most people, and many of them believe that Sugon Technology is not strong enough to rank fifth.
The reason they gave was that Sugon Technology's total sales volume and global influence were insufficient, and Sugon's main sales area was still Asia, etc.
Some people also think that the rankings given now are actually inaccurate, and more market information should be integrated to give accurate rankings.
But no matter how they discuss it, it has become the consensus of many people that Sugon Technology is strong enough to rank among the top 10 in the world.
The debate between them is just whether Sugon Technology ranks in the top five, sixth, seventh, eighth, ninth, or last place, etc.
As soon as this news came out, especially when the ranking was reported by the well-known overseas newspaper Silicon Valley Daily.
The news media in Daxia seemed to have been hit by the frost. Suddenly, the news about Sugon Technology once again caused a sensation across the country.
Major Internet media have reported relevant news, and Sugon Technology has ranked among the top five in the global mobile phone industry.
It quickly spread into the eyes of the people of Great Xia through TV stations, Internet news, and paper newspapers, making the Chinese people excited.
Under such circumstances, titles such as national pride, the glory of domestic products, and the private enterprise that creates miracles have been applied to Sugon Technology.
In this case, it was not only Sugon Technology that became popular across the country, but also its founder Lin Chen.
Among them, Lin Chen's personal past experience, events encountered by Sugon Technology since its establishment, interesting stories of Sugon Technology encountering difficulties and solving them, and the story of Lin Chen and his two apprentices... have all been reported by the media.
Among them, what people focus on is the past experience of Lin Chen, the founder of Sugon Technology.
Through the oral accounts of Lin Chen's past experiences from third parties and those who have experienced them, people have learned about the various processes before the establishment of Sugon Technology.
In this case, as people learn about Sugon Technology, learn about its founder, and learn about various things before and after the establishment of the company.
They were surprised to find that Sugon Technology was truly a legend.
(End of chapter)
