The Black Technology Chat Group of the Ten Thousand Realms

Chapter 332: LG panic

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Lu Zixin said helplessly: "I have a lot of things going on here!" Just before he spoke, his cell phone rang again. Anyone who has his private number is not a simple person.

"It seems that we are all going to work overtime this month!" Tang Gang said with a smile. Although he knew that the next work tasks would be heavy, he couldn't stop his joy.

"We can finally enter the North American market!" Su Zhirong was a little excited. Hongxin worked hard for more than a year and finally got the best opportunity.

On the Internet, a report analyzing the changes in the U.S. trade strategy analyzed the beginning and end of the Sino-U.S. trade friction. He also commented that this is the first time that the United States has taken the initiative to make major concessions. The reason for this is that the rapid development of my country's technology companies has forced the United States to liberalize the country's trade market.

Hongxin's artificial intelligence technology, chip manufacturing, Skynet, and operable virtual projection... Finally, one day, a high-tech company emerged in China that could influence the world economy!

As soon as this report came out, it was reposted like crazy and everyone was proud of it.

"Mighty! Let Americans feel the power of science and technology from the East!"

"I love Hongxin so much, I hope Hongxin will get better and better!"

"China's economy is about to rise in an all-round way!"

"Make all Americans' money back! Come on!"

"(Expression: Applause) I really want to set off fireworks and firecrackers in front of the Hongxin Group!"

"The United States has Apple, Korea has Samsung, and 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 have learned about Hongxin Company through word of mouth and decided to switch to Hongxin Company's products.

During this period, Hongxin's various smart products actually ushered in a small peak, with sales soaring, comparable to new product launches.

The Sino-US trade friction has also entered a brief period of peace because of this peace negotiation. But both sides know that this is only temporary, and more intense friction is yet to come.

When Chinese companies aggressively enter the U.S. market, a new economic storm is coming. This storm will change the pattern of the world economy! Every party is preparing carefully, 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 U.S. Federal Communications Commission and will restart cooperation with U.S. telecommunications operators."

A few days later, Zhongxing Group announced: "We will cooperate with the U.S. investigation into Zhongxing and standardize business practices in the United States. The ban will be lifted soon."

There is news 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 plans to enter the US market.

At the same time, Red Letter will launch a new Skystar small communication satellite to lay out 6G communication networks across the United States, and its operating qualifications will be licensed to U.S. telecom operators in frequency bands.

Every news has a significant impact. Other groups can’t wait to enter the US market and adjust their corporate strategies.

And the red letter is still waiting. Since it wants to enter the North American market, Hongxin must definitely become famous in one go. Therefore, Hongxin Group has decided to hold a global launch conference of Hongxin intelligent products in the middle of next month!

The focus is not only to stabilize the existing market, but also to open up the North American market as the first shot!

At the global press conference, Hongxin Electronics will release three new smart products. Global users are invited to wait and see!

Domestically, users are naturally looking forward to it with great anticipation, and many fans even directly declare that as long as Hongxin releases a new product, they will definitely support it!

But this time Hongxin’s battlefield is in the North American market. In the domestic mobile phone market, Hongxin is already top-notch.

The giants that dominate 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 the Red Letter Group in the Chinese market. If they fail in the North American market, the pattern of the mobile phone industry will change. will be completely changed.

In the current North American smartphone market, Apple and Samsung are neck-and-neck. From time to time, you are higher than me, and I am surpassing you. Each accounts for about 30% of the market share.

Ranking third is another major Korean technology company, LG Group, which occupies about 15% of the market share.

The fourth one is China's Zhongxing. When other Chinese companies were restricted, they were developing well in the United States. We have just encountered a huge crisis and policy changes, so we are very lucky.

Not to mention other brands, with Hongxin’s strength, it can surpass them no matter what.

In the near future, Hua Wei and other Chinese companies are also entering the U.S. market, and they are working hard to get ahead of Hongxin and enter in advance to seize market share.

Regarding Hongxin's entry into the US market, the pressure on Zhongxing Communications is not too great, at least it is better than the previous seven-year ban on them.

Anyway, their products are not high-end, and there is no direct conflict with Hongxin. Apple, Samsung, and LG are in dire straits. These three companies are working overtime almost day and night to discuss how to contain Hongxin and attack Hongxin in the North American market.

In Korea, Seoul, there is a super multinational company, LG Group, which ranks among the top five in Korea. In the three major fields of electronics and information communications, home appliances, and chemicals, LG Group is world-renowned.

LG Group and Samsung Group have overlaps in many areas, and in some areas, LG is even better than Samsung.

At this moment, in the LG Group headquarters building, senior 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 a senior executive in LG Group for more than 20 years! It can be said that he has witnessed the development of an era, and LG Group has also become a multinational super-large enterprise in his hands. 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 screen-free, highly intelligent products! This is the most positive collision for us!" Jiang Maomin, sitting at the conference table, said His hair is half white and he looks a little tired.

LG’s stock has been falling since several announcements from Hongxin Group. Especially when operable virtual projection technology appears and the sound of removing physical screens becomes widespread, they will be even more affected.

Screen manufacturing has always been a major business of LG Group. If the screen manufacturing technology is eliminated by virtual projection, it will be equivalent to cutting off an arm of LG!

Now, Hongxin has broken through the blockade of the US market and will compete with them in the North American smartphone market. Samsung and Apple are very powerful and may be able to withstand it. However, they are in danger of being ranked third. If they are not careful, they may become a stepping stone for others.