My Fintech Empire

At around 16:00 in the afternoon, Fang Hong received a document from Xingyu Technology, which was about the overseas sales data of the first-generation smart head-mounted display commercial version MIX and STAR5 smartphones.

At present, Xingyu Technology has only developed one overseas market, the Eros market, and has opened its first overseas official offline flagship store in Mosike. The specifications are at the same level as the Xincheng flagship store. It is still under renovation and is expected to be officially put into operation in a month.

The Eros market is an important layout of Xingyu Technology's overseas market this year. It cannot enter the European market and has been blacklisted by the old market, but it does not mean that the products have not entered. Now a set of Xingyu Technology brand product routing industry chain has been formed.

To put it bluntly, it has entered the hands of consumers in the European and American regions through black market channels. There are a group of people in China who specialize in reselling this. The products are shipped from HK and then transported to Europe and North America. Among them, the best-selling is not the STAR series smartphone, but the commercial version of the MIX head-mounted display device.

It is mainly used by game players and some urban white-collar office workers for office assistance. The sales of this product are hot because there are currently no competitors and it can be easily connected to the Internet.

According to the latest data, the cumulative sales of the commercial version of MIX in Eros has reached 6.59 million units. Counting the part entering Hong Kong, the part flowing into overseas has exceeded 10 million units. In other words, the global sales have reached 16.6 million units, excluding the Greater China market.

The cumulative sales of STAR5 mobile phones in the Eros market are 3.98 million units, and the global sales have reached 8.05 million units, excluding the Greater China market. The performance of STAR5 mobile phones in the Eros market is particularly worth mentioning because it is too eye-catching.

According to the latest market data provided by Eros smartphone retailers, the total shipments of smartphones and traditional mobile phones in the third quarter so far are 11.5 million units, and there is still about half a month to the end of the third quarter.

Xingyu Technology's STAR5 mobile phone has won 34.6% of the market share in Eros with a sales volume of 3.98 million units. It has just entered the Greater Eros market in the second half of the year and has directly become the sales champion in this market.

It is simply hanging Samsung and Apple together. Before Xingyu Technology entered the Eros market, Samsung mobile phones were the first in the market, and Apple followed closely.

The market share of these two mobile phone manufacturers in the third quarter was directly halved. Apple's mobile phone sales in the third quarter so far have only been 1.07 million units, and its market share has been reduced to single digits, only 9.3%. Samsung, which originally had the largest market share, was even worse. Its sales in the third quarter shrank by 69%, and its market share plummeted to 11.7%, with only 1.34 million units sold.

At present, in the market of Big Goose, on average, one out of every three mobile phones sold is a STAR5 mobile phone.

Facing the direct competition of Star Technology STAR5, Apple's mobile phone is not only powerless in the domestic market, but also presents a crushing trend in the Russian market, because while leading in performance, the price is cheaper than Apple's mobile phone.

The basic version of the STAR5 mobile phone is priced at 66,000 rubles in the Russian market, which is less than 7,000 yuan. This price is more than 1,000 yuan more expensive than in China, but even so, it is more than 2,100 yuan cheaper than the local price of Apple's latest mobile phone. The price of the latest Apple mobile phone is 87,000 rubles, which is about 9,111 yuan.

It is no exaggeration to say that judging from the smartphone shipment data in the third quarter of the Russian market, both Apple and Samsung were directly defeated and were in a state of madness.

In addition, in the third quarter of the Russian market, the sales of brands from the Eastern Power accounted for 50%, and brands such as Xiaomi, Mei Z, and Zhongxing also had good growth. On average, one out of every two mobile phones sold was a brand from the Eastern Power.

The sales of Xingyu Technology's STAR5 mobile phone in the big goose are so good. In addition to the strong competitiveness of its own products, it is also inseparable from the continued warming relationship between the two countries.

After reading the material report, Fang Hong posted a dynamic on his Weibo account and announced the data, and then commented as follows:

[To be honest, we should thank Lao Mei. If it weren't for Lao Mei's suppression, Xingyu Technology's products would not have become so popular worldwide so quickly, and it would not have been so famous all over the world. Lao Mei's doing this is equivalent to telling consumers all over the world that Xingyu Technology's products are the best. They can't compete and will suppress it. Otherwise, there is no reason to do so. Now consumers all over the world know this.

I have to say that this is a great advertisement. It is carefully selected by Laomei and is trustworthy. The key is that this advertisement is free. Can you believe it? Now Laomei is helping our aerospace technology to advertise for free. Now the whole world knows our aerospace strength. This is recognized by Laomei, and it doesn’t cost any advertising fees. 】

Fang Hong suddenly posted a Weibo on the Internet, and it became a hot search in less than half an hour, attracting countless people to participate in the spicy comments.

[Hahaha, God K, you are stealing bamboo shoots, but I like it! ]

[Laomei carefully selected, haha, laughing like a pig. ]

[Amei is furious! ]

[Good guy, I just called him good guy! ]

[Skin! ]

[Ah... this is fun. ]

[Wow, the STAR5 mobile phone is going crazy in the big goose market, directly cutting the sales of Apple and Samsung in the goose market in half? ]

[Those who say that the STAR5 mobile phone relies on the patriotic feelings of domestic consumers, your father's fruit machine was also killed in the field of Big Goose. ]

[It is both unexpected and reasonable. The competitiveness is there. It can't compare with fruit machines in price and performance. What's more, Big Goose has a bad relationship. It's just that I didn't expect Samsung and Apple to be so helpless. ]

[The sanctions of Big Goose are indeed free advertising. They are on the world news every now and then. Although they only entered the market of Big Goose this year, they have known about the STAR series of mobile phones for a long time. They are worthy of being the strict selection of Big Goose... (covering face.jpg)]

[Achou: It's not right to suppress it, and it's not right not to suppress it. How to play? ]

...

In fact, since the first half of last year in 2017, the mobile phone brand of the Eastern Power has reached a quarter of the market share in Big Goose. At that time, STAR5 had not yet been launched. It mainly relied on other domestic mobile phone brands, but it was only in the mid-to-low-end market.

In just one year, with the entry of STAR5 into the market of Big Goose, the gap of no strong brand in the high-end market was made up, and the overall market share growth rate of mobile phone brands in the Eastern Power quickly doubled to half of the current market.

Now the national brands cover the low, medium and high-end markets, and compete with brands such as Apple and Samsung in a full coverage manner.

The national brands can quickly occupy the market locally, especially the crushing of STAR5 mobile phones, relying on good quality, powerful functions and highly competitive prices. This has to be said that the domestic semiconductor industry chain technology has broken through, allowing the STAR5 smartphone to reduce the price by 25% while maintaining the previous profit margin. The result is also clear at a glance, showing a crushing trend against the competitiveness of brands such as Apple and Samsung.

At present, in the stores of the three major telecom operators of Big Goose, national brands occupy half of the mobile phone counters, especially the entry of STAR5 mobile phones. On major e-commerce websites, the popular rankings of mobile phone weights are all national brands, and now the hottest on the list is STAR5 mobile phones.

Whenever a new mobile phone from the Eastern Power is released, Big Goose's electronic product website will update various information such as evaluation and price comparison as soon as possible.

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