Chapter 389: Samsung's Last Stand
A group of senior executives looked at Li Jianxi in unison, after all, he had to decide on this matter!
If they lower the price again, they really won’t make any profit!
If you don’t get any money, it means doing useless work.
Li Jianxi was also hesitant at this moment. If the price was not reduced, the first round of price cuts would be useless. If the price was reduced, there would be no gross profit. Anyway, the price cuts and the price cuts are not reduced now are bad news.
"This second round of price cuts in Star Group is actually 10% lower than that after our first round of price cuts! Doesn't he have to make money?" A senior executive saw that Li Jianxi had not spoken yet, and then raised this doubt.
"Yes, after the second round of price cuts by StarChen Group, there must be no profit. Should the other party fight with us to the end?"
"If this is the case, it would be a way to kill a thousand enemies and lose 800. It depends on who has strong capital and who will laugh to the end."
"We are backed by Samsung Group, and I think we can fight with each other. Then we will see who will laugh to the end."
Some senior executives feel that they cannot retreat. Since the other party wants to fight with them, then have a real price war that will lose money. Anyway, they are backed by Samsung Group and have a lot of money! They can fight a lasting price war with the other party.
On the other hand, the other party has just risen, and the capital chain is definitely not as strong as their Samsungs. It may not be sure who will laugh to the end. They even think that their chances of winning are greater.
"Okay, then let's carry out the price war to the end. Let's have a battle of back-to-earth! Even if I don't make money, I will still waste it." Li Jianxi said in a deep voice.
"We continue to reduce the price, which is 5% cheaper than Xingchen Group!" Li Jianxi thought for a while and said. This is his lowest bottom line. This price is directly the factory price. He has blocked the salary of employees. He has no money to make money, but the salary of employees has to be paid. Overall, this price is considered a small loss.
"Okay Mr. President, I believe that Xingchen Group will no longer dare to lower the price. If they lower the price, they will lose money and sell it. It will be doubled. The product cost will be lost and the employees' wages will be paid." A senior executive clapped his hands.
"Well, if their products do not have sales, once there is a problem with their capital chain, it will be the time for us to fight back. Then the market orders will come back."
"Well, let's implement this order and leave the meeting!"
Not only Samsung Group, Micron and Hynix companies, they were also frustrated after seeing the second round of price cuts of Star Group. If they do not lower the price, they will almost lose most of their market share. If they continue to lower the price, which is lower than the other party's price, then they will not make any profit.
You should know that Micron and Hynix are not as rich as Samsung. They are not companies in the Fortune 500 in the world. Micron is just a company in the Fortune 500 in the United States, not a company in the Fortune 500 in the world.
As for Hynix, it is only a subsidiary of SK Group. Although SK Group is one of the top 500 in the world, Hynix is not one of the top 500 in the world.
Samsung Electronics is not only the top 500 in the world, but also the Samsung Group behind it is also the top 500 in the world.
This capital is different.
But Micron and Hynix both know that if they don’t choose to lower prices, the only thing waiting for them is to reduce their market share and reduce their losses, then layoffs and layoffs... In the end, it is because of problems with the capital chain. The next step is either waiting for acquisition or going bankrupt. The best result is to become a small company in the 18th century.
So the senior executives of Micron and Hynix also decided to continue to reduce prices! They wanted to fight against Star Group.
They don’t believe it anymore, can the Xingchen Group not suffer any loss?
If Qin Hailang knew their childish thoughts, he would definitely laugh. I still make a profit. And there are still a lot of money!
Machinery and equipment are not worth buying, and employees do not need to hire many. They only need raw materials and electricity consumption.
How could you lose money?
Three days later, Samsung, Hynix, Micron and other companies announced that they would continue to carry out the second round of price cuts!
After Samsung's second round of price cuts, it is 5% cheaper than Star Group's chips, Micron is 4.5% cheaper than Star Group's chips, and Hynix is 4.8% cheaper than Star Group's chips!
Star Group Headquarters.
After watching the news from the senior executives, Qin Hailang laughed: "I didn't expect that Samsung companies were planning to fight with us."
"What Mr. Qin said is that according to our evaluation experts' calculations, the chips they sell now should have no money to make money." A senior executive sneered.
"Samsung companies have fought for the wrong end this time."
"Mr. Qin, then will we still cut the price?" asked a senior executive.
"Save the price, why not lower the price? Lower our price to the same price as the other party's price. Our things are better than theirs and the prices are the same. Those customers will still choose our chips." Qin Hailang said lightly.
"Mr. Qin, then do we still have any profits?"
"Yes, this is just a little less. What we have to do now is to waste these three companies to death first." Qin Hailang waved his hand and said indifferently.
"Okay, Mr. Qin."
The next day, Xingchen Group announced another shocking news, that is, Xingchen Group has made its third price cut. This time the price cut is directly the same as the prices of Samsung chips and other prices!
As soon as this news came out, companies such as Samsung looked bad.
After all, in this case, they still lack competitiveness. Because many international companies now know that Xingchen 5G chips are indeed easy to use. At least they are advanced.
In addition, the price has been around now, is it necessary to say who to choose?
The most important thing is that now companies such as Samsung have no profit.
If they knew that Star Group still made money, they would probably be dizzy.
The real price war has just begun!
Anyway, many people are optimistic about the show, and many companies are happy to see the result. Because the other party is engaged in a price war, it is the best for these customers, and the goods they get are the cheapest.
Who doesn’t think about such a thing? It’s best that these companies will continue to do it.
In comparison, Micron and Hynix were frowning because they found that they could not bring back their original customers after two price cuts.
But Samsung Electronics has a look of confidence, and they want to waste Star Group to death.
In fact, why didn’t Qin Hailang think so? He wasted the other party to death!
It is obvious that whoever laughs to the end in the end is just a matter of time.
Next, Qin Hailang not only has this chip operation, but his next step is to develop the integrated circuits. After all, his annual output is 60 billion US dollars, which is not needed in China. So it must be exported!
Chapter completed!