Coquettish Rebirth

While waiting for the development of the TV industry, Jia Hongjian, who had nothing else to do, paid a little attention to other things in the industry - the fact that a company like Thomson may be out of its shell appeared in a flash. After entering Jia Hongjian's mind, he immediately became particularly interested in the business news of this era.It's a bit like feeling that I might dig a gold mine, and I immediately became interested in various "mountains" that may contain gold mines.

Jia Hongjian paid a little attention to this, of course it is impossible to say that he will find something interesting again immediately, most of the news is still boring in general and there is no potential to be tapped - for example, AT&T and Bell Labs once joined forces As for the established Lucent, it was really a miserable loss.This Lucent is just like Cisco. It develops telecommunications equipment and technology. International giants like Cisco have released their first quarter financial reports earlier, saying that they may have to lay off employees. Lucent is not as good as Cisco. Can you please What a mess?

It can be said that after entering 2001, the cold winter brought about by the stock market crash in 2000 is continuing to ferment.Not only the tragedy of Lucent or Cisco in the United States, but also the Canadian telecommunications equipment supplier Nortel, which once competed with Jia Hongjian and the others for digital program-controlled switches in domestic telecommunications rooms, is also unlucky!The first quarter of Nortel was also a mess, and then Nortel immediately fired their CEO and CFO, that is, the CEO and chief financial officer, plus a general auditor.However, such a strong man's attitude of reorganizing the management may not necessarily stop the stock from falling, because the stock price is simply an expected price of the company's future profitability-everyone is optimistic that the company will make money in the future.Then the stock price of this company will rise, and everyone is not optimistic that this company can make money, so the stock price will drop.As for Nortel's current loss, the market knows that it is not Nortel's own problem-even Cisco is losing money. This is obviously a cold winter for the entire industry!Cisco may have $20 billion in inventory a year to crush it to death, resulting in very ugly profits. Isn't it because of the shrinking market that Nortel has turned a large number of orders into stockpiles?How can the stock price stop falling if it cannot be sold?So now Nortel is in a mess!

Jia Hongjian took a look, and according to the comments of various organizations in the United States, the unluckyness of these three North American manufacturers was entirely their own fault - when the Internet trend was booming a few years ago, the development strategies of these three companies That's a radical!It can be said that all three companies believe that this kind of good life will last a lifetime!So this kind of good life seems to them to be gold mines one after another, just like seeing a mountain and thinking it is a gold mine and then digging desperately.I never thought that this mountain might just be a mountain with nothing but rocks!Their factories are desperately producing various products.Then their company is still desperately expanding production capacity. Behind the salesperson, it can almost be said that they have produced enough products to sell in the previous year and wait for them to sell them out in a few months!

Even after Jia Hongjian took a closer look, Cisco and the other three companies all started to "credit".Many small and medium-sized companies have ordered some products.This Cisco may not require one-hand payment and one-hand delivery.They are even willing to let the other party sell it in installments with zero down payment.Regardless of Sanqi 21, first tell others about the product!It is true that if you pay in installments, the total sum of the payment is the same as buying things with a loan, and it must be more than paying the money and delivering the goods in one hand.And such an approach is absolutely tragic when encountering a sudden cold winter-a large number of small and medium-sized enterprises that purchased their products with installment payments have closed down, and how can they pay back the money if they are insolvent?It can be said that even if the product is brought back to offset the outstanding payment, it will not be sold anymore!Then the mass-produced products in the warehouse basically produced in one quarter the total number of products that could be sold three or four years ago!Plus a shrinking market.How can they not lose in such a situation?Because the market is shrinking rapidly, it is not an exaggeration to update the basic products of the Internet in a year!So if the current inventory is not sold this year, it is tantamount to throwing it all at your hands!Even if you want to destroy it, you have to pay an extra sum of money to go out!This can really make people cry!

And according to more and more digging information, those securities analysts also began to discover that these North American basic telecommunications equipment providers not only sell products and pay in installments, they are even responsible for Loans to others!That's right!As a venture capital, they invested in some small and medium-sized manufacturers in the past, and then let them have enough money to buy their products. Of course, they also gave an agreement such as installment payment, so that the other party can pay for products with less pressure.But what is the result?As a result, when the market crashed, these three companies really suffered serious losses-even if the total sales in the first quarter did not drop too much, that is, 20% to 30%, but the problem is that companies that invested heavily Oh, this loss of funds is too big!So when added together, Cisco's profit dropped by 99% compared with the same period!

Relatively speaking, Europeans with relatively conservative business strategies, especially the French company Alcatel, have a much better life.First of all, because Europe was not too seriously affected by the United States, they came to Alcatel and they were not as crazy as Americans and Canadians before. Although it seemed that the development was not fast enough before, they are now making steady progress——Telecom Basics Equipment Their first quarter sales increased by 35%!

However, although the French are developing well, they now have a problem-they are still developing in their hometown of Europe, and the development in the United States and China is far from enough!As a consumer, Jia Hongjian knows that Alcatel still has mobile phones like Ericsson these days, but Alcatel's mobile phones are obviously not as good as Ericsson's.Historically, Ericsson established a joint venture with Sony, which wanted to enter the mobile phone industry, at the end of this year. Then, around 2010, due to the impact of smartphones, Ericsson’s revenue dropped sharply, so Ericsson simply put 50% of the mobile phone department % of the equity was sold to the Japanese, and then the Sony Ericsson brand became Sony, and then Ericsson stopped making mobile phones...

As for the Alcatel brand, although it is doing well in the basic field of telecommunications, their products are not selling very well in China. Basically, only three or five people out of a hundred use them. This is still a big city like Shanghai. Woolen cloth!If it is averaged to the whole country, it will be even more pitiful!Moreover, according to what Jia Hongjian said in the financial news from the United States, Alcatel seems to be raising funds now, and is going to wait for companies like Lucent or Nortel to fall further and talk about acquisitions with the other party, so that Alcatel will Can enter the United States, the world's largest telecommunications market, and then sell their mobile phones while steadily selling their telecommunications products!That's right!This Alcatel is so stable that it has not yet entered the US market!

However, whether this Alcatel can survive this year, Jia Hongjian sincerely doubts—because if Jia Hongjian’s impression is correct, the wind of the Internet bubble is really now slowly drifting across the ocean after destroying everything in North America The sea blows to Europe!So even if Americans are still optimistic about Alcatel now, the question is whether Alcatel can still laugh at the end of the year?Is it still possible to make money?At that time, Alcatel may also fall into a loss, but the loss is not as severe as that of the Americans and Canadians!Because in 2001, the global telecommunications industry collapsed due to the impact of the Internet bubble, and only China, a rapidly developing market, was spared from being affected and continued to develop!

Wait... The international telecommunications industry has experienced a major landslide... Hiss... In this case, can Huaxia Hi-Tech do something at this time?What Netac and the like are going to die, can we buy it... No, the U.S. Congress will definitely not allow this kind of acquisition, Warwick’s acquisition of 3 has not been successful, or we can simply establish a subsidiary with Netac and spend money Change some of their technology or something?Maybe even do it with Cisco?Cisco's profit in the first quarter fell by 99%!The loss is so serious, if we are willing to spend money to obtain some patent usage rights from others... Does it mean that Huaxia Hi-Tech will have a certain foundation for making cdma mobile phones in the future?Is it possible to give less money to giants such as Cisco and Qualcomm than other manufacturers?Could it be that we can use the patents that we have authorized to share in the future, and after we have a thorough understanding, we can break through the patent wall and develop some of our own patents?If this is the case, when the so-called 4G is reached in the future, Jia Hongjian and Huaxia Hi-Tech can also become one of the giants in the patent wall!

That's right!Although the status quo of some telecom equipment providers at this time has not been able to devise any conspiracy, and the relationship with Changhong is not too big, and even TLC cannot be tricked, but can Huaxia Hi-Tech's own capabilities be enhanced?Of course, Jia Hongjian calmed down soon after his head got hot - he couldn't just slap his head on the head like the person he wanted to piss off. To put it bluntly, this kind of joint venture may also become the opponent's golden cicada's shell. This way, looking back, Jia Hongjian got a lot of good things, but in fact, maybe losing money for several years can drive Jia Hongjian to death!

That's right!You must be careful when choosing this. Even if you invest in a joint venture, you must judge in advance whether your business can be successful!Don't look back and make a joke for a long time. I didn't get it right here, and I spent a lot of money in it! (to be continued..)