Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 652 Who cuts off the supply to whom? This is a question!
On Saturday, the morning fog in Hong Kong had not yet dissipated when the Gulfstream G650 took off and the Xiaomi team began to return to Beijing.

Despite Chen Mo's endorsement and the good news of Xiaomi's global launch conference next month, the shadow of Samsung's supply cut still hangs over the stock price like a dark cloud.

Xiaomi’s stock price fluctuated sideways at HK$17, like a trapped beast struggling constantly.

Some large capitals and institutions continue to wait and see, and only retail investors are placing bets based on their own beliefs, which is a drop in the bucket.

Xiaomi's stock price has only fluctuated around 17 yuan, neither going up nor down.

The capital giants are keeping their troops on hold, and only retail investors are using their meager strength to support this war without gunpowder.

The media revealed that many mobile phone manufacturers are in urgent consultation with Samsung.

After returning to Beijing, Chen Mo did not go back to the company, but followed everyone from Xiaomi to the Xiaomi headquarters.

Then they met Zhou Guangping, who had a rather grim look on his face. From his description, it seemed that those Samsung people were deliberately making things difficult for Xiaomi. They were not trying to cooperate with them, but just wanted to make fun of them.

"How do you entertain them?" Chen Mo suddenly asked.

"Well, isn't there a ping-pong table in the conference room next to my office? I thought about playing a game with them and deliberately losing to the person in charge of Samsung to make them happy. But as I was playing, I forgot my original intention. After all, the national army has never lost a foreign war in all these years, and I can't let the tradition be broken with me."

Chen Mo gave a thumbs up: "Well done!"

"Those Samsung guys didn't even want to talk!" Zhou Guangping gritted his teeth. "They looked so arrogant that if you didn't know better you would think they were the Eight-Nation Alliance!"

The meeting got down to business.

The conversation ranged from Samsung to OLED, from panels to technology, and from technology to patents.

At a certain moment, Lei Jun seemed to be struck by lightning, as if he remembered something. His face was full of excitement. He slammed the table with a bang, stood up and was about to speak.

Thinking of the content of the conversation just now, Chen Mo's heart moved, and two words blurted out, "Kodak?"

You are using my words. Fuck you!

Lei Jun's chest was churning, his lips were gurgling, and finally he hummed and sat down angrily.

This scene made everyone present couldn't help laughing.

When Kodak was developing OLED technology in the early 2000s, it applied for several patents for sub-pixel arrangements, including an arrangement similar to a "diamond rhombus" structure.

With the overall decline of the camera industry, rumors of Kodak's bankruptcy and reorganization first broke out in 2012.

After Chen Mo's suggestion, Lei Jun made the final decision. Xiaomi emerged from the shadows like an assassin and acquired its core display technology patents for US$1 million, including the "diamond rhombus" pixel arrangement patent that Samsung is currently using.

A few months later, the combined patent packages that were bid for by Samsung, LG, Apple and other companies were all the ones that Xiaomi didn't want.

Not only that, Xiaomi also acquired AuthenTec from the United States, which owns the patent for screen fingerprint recognition and pressing, and Fingerprint CardsAB from Sweden, which owns the fingerprint recognition on the back of the phone (under-screen fingerprint), as well as many other companies involved in a series of patents involving fast charging, dual cameras, etc.

The total amount of funds consumed was as high as US$3 million, which was a great pressure for Xiaomi at the time, otherwise it would not have been in a hurry to raise funds.

Why do I say this? Because Samsung's OLED screen uses a "diamond rhombus" arrangement.

After Chen Mo's reminder and Lei Jun's explanation, everyone suddenly realized the truth.

There is no way. Xiaomi has invested in hundreds of companies every year in recent years, and there are more than 100 domestic mobile phone supply chain companies alone. It is so many that even such an important acquisition makes people feel numb.

As everyone discussed excitedly, a counterattack plan of "countering supply cut-off" slowly emerged.

Everyone used to be afraid that Samsung would really stop supplying them, but now they are afraid that Samsung will not stop supplying them! At the end of the meeting, Chen Mo suddenly proposed, "Xiaomi is listed, and all of us here and many Xiaomi employees have increased our salaries. Shouldn't we give some benefits to Mi fans?"

Lei Jun nodded in a good mood. "You guys are definitely not aimless. Do you have any good suggestions? Why don't you tell me?"

Chen Mo coughed, "Then I really said it. If you ask me, I will give exclusive red envelopes equivalent to the original price of Xiaomi X1 to the first generation of Mi fans as a thank you for the support of Xiaomi's early users. The remaining generations can give out vouchers ranging from 50, 99, and 199. This is to show the past support for Xiaomi products.

in addition"

"In addition, it can stimulate the sales of Xiaomi's subsequent products. I also have an idea that we can reproduce the X1 commemorative edition with the original X1 appearance and new configuration and sell it in limited quantities," Lei Jun added.

"That's what it means!"

Lei Jun calculated silently in his mind, and his temples jumped. "There was no problem with the first generation, probably only 10 billion. But the sales of the later generations were so strong, the national subsidy was nearly billion, which is a bit exaggerated."

It's just 10 billion, it's not like it hasn't been made before, Chen Mo said calmly,

"It's okay. Just think of it as a small discount on Xiaomi products. You don't have to pay for it. It's a small amount of money to win people's hearts. If you use these coupons, you can at least get back hundreds of billions. If you combine it with the plan we just discussed and release it to the public, once the stock price goes up, everything will come back."

After he finished speaking, all the Xiaomi executives present looked at each other in surprise. They had not expected it to be possible this way. After thinking about it carefully, it seemed to be true. They had the same brain, but just looked at how others developed it.

"Tsk~~~" Lei Jun's eyes widened slightly, and he couldn't help but look at Chen Mo with even higher regard. In the past, this kid gave benefits to others without thinking, but now he has become more thoughtful.

Well, that's progress.

Then he turned to look at everyone, "Okay, let's vote on Mr. Mo's proposal!"

No one objected and it was passed unanimously!

On June 6, the other shoe finally dropped.

Samsung Electronics officially released a statement - "Notice on Adjusting OLED Panel Supply Strategy":
Dear global partners and consumers:
Samsung Electronics is committed to providing the most advanced display technologies and stable supply chain support to global customers.

In view of the recent changes in the global display panel market demand structure and the need for capacity allocation, after careful evaluation, our company has decided to suspend the supply of OLED display panels to some Chinese mobile phone manufacturers from now on, in order to give priority to the core needs of strategic partners.
Samsung Electronics reaffirms its long-term commitment to the Chinese market and will continue to provide local partners with a full range of product support including LCD and memory chips.

The statement caused a huge shock in China's mobile phone market, and the company that was most affected was undoubtedly Xiaomi, which had just gone public.

Several leading financial and technology media outlets published articles, targeting this biggest "victim":
Yicai Global: "Samsung cuts off OLED supply, Xiaomi's road to high-end development encounters "screen" obstacles"

Caixin.com: "Xiaomi's stock price may hit a new low, Samsung's supply cut triggers market panic"

Tiger Sniff: "With Samsung holding Xiaomi back, can Xiaomi make a comeback with domestically produced screens?"

Hot searches on Weibo: #Xiaomi cut off from supply by Samsung#, #Can domestic screens replace Samsung#
Zhihu hot discussion: "How do you evaluate Samsung's suspension of OLED screen supply to Xiaomi?"

However, the most heated discussion among netizens was not about technological substitution or industry impact, but about stocks.

Panic is spreading in major investment forums and stockholder groups, and retail investors who had mindlessly bet all in on Xiaomi a few days ago are now unable to sit still.

Many retail investors who were standing on the top of the mountain and felt the chill of the financial storm are now scrambling to discuss and calculate how to sell out and cut losses before tomorrow's market opens, for fear of being slow to catch up.

The cruelty of the capital market was fully revealed at this moment.

What beliefs, what fans, it’s all bullshit!

(End of this chapter)