Extraordinary Genius

Even the sudden development of power in the domestic market, such as the Lenovo Group, was not only severely affected by foreign electronics and electrical manufacturers, but even the share of some enterprises in Huaxia was noticeably reduced.

But they don't have any good solutions at all, brands, technology and financial strength, and no other domestic manufacturer is up against them. And foreign manufacturers are even more pathetic. Their brands are not loud enough in the Huaxia market, and they do not have good enough sales channels. They can only watch the market get further compressed.

In fact, many foreign manufacturers, not their technology is not good enough, even many of them have more patented technology than even think about the group, but they have deviated in the direction of development.

For example, tablets, smartphones, these are all trends led by Lenovo Group, Feng Yu Electronics, etc., and they struggle to catch up behind them, and they also try to circumvent the patent blockade, which naturally is slower to catch up.

Not to mention that technology such as Group and Storm Electronics has been advancing and even investing more in these areas. High profitability and the same proportion of investments, coupled with more dedicated R&D staff, have kept them on the lead.

It has been said that the vast majority of the world's advanced technologies are capable of being developed by many companies. But for some reasons of luck, R&D slowed down a bit, and others succeeded first, registering the patent. Some went in the other direction because they misjudged the market at the time.

There are many reasons, but the first to master the technology and promote it always makes the most profit. Fortunately, even think about the group, Feng Yu Electronics, etc., give them control of the big direction, tell them which research should be the focus, and plan the application direction.

As for these manufacturers in the country, they are not the reason for luck, they simply chose the wrong direction, and they can even be said to have no direction.

This is the dumbest way to reduce production costs, advertising and promotion costs, and seize markets at low prices.

Also selling a tablet, even think that the group has 50% net profit, but the domestic manufacturers, less than 10%, are stunned to make a new product as low profit as a traditional PC.

Why technology is the number one productivity, because companies with high technology make the most profits. Clearly it is a high-tech electronic product. The domestic manufacturers actually use cheap labor as a competitive means. Feng Yu is satisfied with the managers.

It's also a company that competes with Feng Yu in the industry, and there are smart people like the automotive industry.

The automotive industry, like the electronics industry, is supported by the State as a pillar industry, and even more funds are planned and invested for this purpose.

And of course, the leaders of these companies are actually smarter than the leaders of these electronics companies, who knew the difference between Huaxia and overseas, and they knew that Songjiang Automotive had given them the initiative in the joint venture.

Many joint ventures originally required half of their shares, but none of them subsequently paid more than one third of the shares, with more money and technology.

After opening up the joint venture at that time, dozens of foreign car companies came to Huaxia to join the joint venture with Huaxia's car company. The rest is now less than half.

Some were repurchased by Huaxia, while others were merged by other foreign companies. Other international car companies have also changed considerably over the years.

But as any car company can see, Huaxia is one of the fastest growing automotive demand markets in the world.

Huaxia's rapid economic growth and soaring incomes have naturally led to a rapid increase in demand for products that can improve the quality of life.

Especially since Huaxia is large and densely populated, large numbers of rural people migrate to cities, and Huaxia people especially like to buy large pieces.

Buying houses, buying cars, buying gold accessories, these are the three main consumer directions after the Chinese have money.

Food and clothing, gold decoration is clothing decoration, car is fine, the house is naturally inhabited, and eating in Huaxia has a long culture, never stopped, as can be seen from the increase in the price of white wine in these years.

Huaxia's other automobile enterprises are mostly state-owned holdings. It's not that these companies didn't want to compete with Songjiang Automobile at first, but later it was found that they could not compete.

By the time they had surpassed 100,000 units of production and sales in the country, Songjiang had surpassed 500,000 units. Most of the cars seen on the streets and alleys were Songjiang cars. By the time their production and sales doubled, Songjiang automobiles had been exported abroad.

When they started exporting abroad, Songjiang Automotive had set up a joint venture in Russia, and the technology was exporting, just as well.

Later, the car companies learned to behave, and when they woke up at the top, they were also very good at running their own brands, slowly breaking the bonds of these joint ventures.

Prices are up and down, there's a difference in appearance. Think about what consumers need more. Targeted product design. Their sales and profits have definitely increased.

By then, Songjiang Automobile had begun to dominate foreign markets. Acquiring automotive brands, acquiring foreign R&D centers, sales channels, etc., have even become bosses in some markets.

For example, in the Australian market, after Horton took over, some targeted adjustments were made, and the sales of Pokémon and Oriental Deer were also opened up, which is expected to expand Australia's market share this year.

Today, several major automotive companies in Huaxia also have their own development direction, such as Magic Duo Automobile, Yangcheng Automobile, Capital Automobile, Xianyang Automobile, Changchun FAW, etc.

Changchun FAW was the first company to seek change, and change was a success. Even in some ways, Changchun FAW is better developed than Ice City Machinery Manufacturing Group, for example, in the development and manufacture of spare parts.

Changchun FAW found themselves too close to Ice City Machinery Manufacturing Group, and their development was severely constrained. So they reoriented their development, and in addition to trying to revitalize the oldest red flag brand, they invested the most in the R&D and manufacturing of spare parts, and they did achieve world-class results.

In some respects, not only are Songjiang cars ahead, but they are no worse than island countries, Europe and the United States, and the goal now is to achieve international leadership in this regard.

Although the profits on spare parts are slightly lower, they are the biggest in Huaxia, and other car companies have to buy spare parts from them, and the overall profits are even higher than those of Mondo cars.

So Feng Yu said that the company can find a target location, try to do technology research and development, and think clearly about what the target consumer group is, and there can be good development.

Huaxia never lacks intelligent people, otherwise the country will not become better and grow faster.

After Feng Yu made some measures against these industries, Zhang Ruiqiang called again to ask Feng Yu to come over and say something, to nag him well.

Feng Yu sighed. Is that a courtship attitude? He's willing to go!

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