Business: The rise of tech giants

“That guy Li Xinghai is really crazy. He actually imitated other big suppliers and stocked up on memory sticks.”

“The key is to save money when a new product is about to be launched. Isn’t this stupid?”

“If you make money, you can burn it”

“Don’t say that, what if the major memory vendors don’t release new products, hahahahaha”

“If all the major memory manufacturers have problems together, I will eat the counter.”

The entire Tianhai Electronics City is ridiculing Li Xinghai for his behavior of hoarding memory at low prices.

In the past month, Li Xinghai’s store and computer case have been in the limelight, making money like crazy. Everyone is envious and jealous, waiting for him to fail.

They just didn’t expect that Li Xinghai would be so unwise as to stock up on memory sticks before new products were launched.

They were so gloating about their misfortune that they almost wanted to celebrate.

At noon, Li Xinghai was planning to eat a lunch box in the store when an uninvited guest suddenly came.

Dapeng Technology, Boss Chen Mingyuan.

Dapeng Technology is the largest memory module supplier in Tianhai Electronic City.

If Dapeng Technology does not supply Tianhai, Tianhai Electronic City will have no memory to sell for up to three days.

After Chen Mingyuan introduced himself, he politely handed over Come over and have a cigarette, Zhonghua.

Li Xinghai doesn’t smoke and politely refused.

Chen Mingyuan’s eyes flickered, obviously a little surprised that he was rejected when offering cigarettes.

I haven’t seen him so disrespectful in many years.

“Haha, little brother Li, are you looking for a place to chat?”

Li Xinghai agreed.

Sitting in Chen Mingyuan’s Mercedes-Benz, an idea came to Li Xinghai’s mind that he should buy a car. He came to a quiet private kitchen.

Chen Mingyuan talked about the car for a while, and finally got to the topic.

“Xiao Li, you are much younger than me. Can I call you Xiao Li?”

“Boss Chen, please excuse me. You are a senior. Just call me Xiao Li.”

“The seniors didn’t dare to take the position, so they only had a few more years of food. Xiao Li, to be honest, I am very curious as to why you bought so many memory modules at this time. In just the past few days, you have bought 3,000 memory modules.”

Now the price of 256 MB memory sticks has fallen below the 300 yuan mark.

Li Xinghai started buying in at around 300 yuan. He has now stocked up almost 3,000 sticks and invested 900,000 yuan.

The market is ridiculing him because of this. Xinghai had already begun to lose money.

His pupils shrank, and the number Chen Mingyuan said was correct.

In other words, had his behavior always been under the supervision of others?

“Boss Chen, what do you mean?

Chen Mingyuan laughed a few times:”Nothing else, I just want to understand what you mean?””

“I have no interest in it, I just want to stock up on more memory modules while they are cheap.”Li Xinghai also said with a smile.

The two looked at each other for a few times. Chen Mingyuan leaned back on the chair and looked at Li Xinghai with a look of disdain:”Xiao Li, let me tell the truth. The 256 MB memory sticks on the market are now being replaced. You swept half of it by yourself. This will cause great disturbance to the market. Li

Xinghai said deliberately in surprise:”Boss Chen, I don’t understand. Others are willing to sell and I am willing to buy. How can it disturb the market?””

Chen Mingyuan was speechless for a moment.

The price of memory modules fluctuated violently, which was suppressed by Dapeng Technology.

Originally, Chen Mingyuan’s plan was to wait until the memory modules reached a low point, and those second-tier suppliers could no longer hold on, and Dapeng Technology would receive the goods at a low price.

But now Li Xinghai stepped in and made a large-scale acquisition, which made Chen Mingyuan unable to sit still.

After listening to Chen Mingyuan’s words, Li Xinghai suddenly understood. The reason why the price of memory modules has been drastically reduced must have something to do with Dapeng Technology

“Let’s put it this way, Xiao Li, Zhiqi and Intal’s new products are about to be launched, are you afraid that you won’t be able to sell them?”Chen Mingyuan’s words contained a threat.

Li Xinghai was silent for a moment and smiled arrogantly:”Boss Chen, you underestimate me, Xinghai Technology. It’s just a few hundred lines of memory. I can store it in my own store and it can be digested.”

“Do you have any news?”Chen Mingyuan asked tentatively

“Boss Chen, even if new products from Zhiqi and Intal come on the market, not all computers will use the latest memory modules immediately. There will always be next-generation computers that will use these 256 and 128 memory modules. The market reaction is too turbulent now..”

This young man’s mind is surprisingly calm.

Chen Mingyuan analyzed his words and had to admit that he was right.

“How much do you plan to hoard?”Chen Mingyuan asked directly

“5000 to 6000.”Li Xinghai didn’t hide anything.

Chen Mingyuan nodded:”Next, the memory stick will reach around 260. You can get another 2,000 sticks, and I will make you a friend.”

“good.”Li Xinghai simply agreed.

The money he had available was almost enough to stock up on five or six hundred.

Now that Dapeng Technology has given in, Li Xinghai didn’t mind stopping at the right time.

Then the memory sticks dropped again. , the minimum is 260 yuan.

Li Xinghai did not pursue the lowest limit, and stocked up another 1,000 items at 270 yuan and 280 yuan respectively, for a total of 2,000 items.

Then he stopped.

Even so, Li Xinghai now has 1,000 items on his account. He suffered a loss of hundreds of thousands.

Then to Li Xinghai’s surprise, the price of the memory stick dropped again the next day, to 240.

This was different from Li Xinghai’s future memory.

This price reduction seemed like the last straw. , the sub-tier supplier who had always insisted not to sell finally couldn’t help but sell the goods, and then was taken over and bought by a mysterious person.

……