Tech Life Chapter 1103-1104

 Chapter 1103

But Li Linfei opened his mouth and froze for a while, swallowed back the words he just wanted to say and said instead, "First of all, due to everyone's enthusiasm, the launch was supposed to be over by this point in time, but everyone was just too enthusiastic."


        "I can't remember how many times I've been interrupted by applause, so everyone wait for me to finish my sentence first later, especially the fans sitting at the back, you're the most high, so don't interrupt later, okay? Don't interrupt, okay?"


        He smiled as he looked down at the seating area of the fans, and his words drew laughter from the audience. Otherwise I won't invite you to the next conference."


        Li Linfei pretended to make a threat, which again drew laughter from the audience, and at once, the thousands of fans in the seating area shouted in unison.


        Coughing lightly, he then said, "The birth of PHC 2.0 represents not only the efforts of our Future Technology, but the result of the joint efforts of the entire CSAC supplier partners."


        "With the establishment of CSAC we have broken through internal patent barriers, we have created a cluster centre for high-end electronics manufacturing in Xiangzhong, we have used cheaper tin materials and a number of other initiatives that have resulted in PHC2.0 being made at a higher performance and smaller size compared to its predecessor... ..."


        "It's also cheaper to make, yes you heard right, that means PHC2.0 is cheaper to sell than its predecessor, so ......"


        Wow ...... the atmosphere in the room exploded again, another mountain of applause hit the room and the live stream pop-ups exploded.


        The audience, who had just pledged in faith, decisively took Ye Hua's words as a deaf ear.


        On stage, his words were successfully interrupted again, and despite the loud sound of the conference venue, they could only be drowned out by such a wave of applause.


        At the end, Li Linfei stretched his hands and shrugged his shoulders with a look of hopelessness, then crossed his arms, looked up at the ceiling for a while, looked down at the floor for a while, paced back and forth for a while, and waited helplessly in silence.


        "Buy, buy, buy!"


        "Buy, buy, buy!"


        "Buy, buy, buy!" I don't know who led the rhythm, but the audience suddenly shouted buy buy buy in unison with the applause beat, and the live stream pop-up screen was bursting with the words buy buy buy.


        They thought the 2.0 would be very expensive, at least more expensive than the previous generation, even if it was more expensive than the previous generation PHC.


        The most important thing is that the hardware of PHC 2.0 has been localised.


        But the point that still never expected is that the 2.0 product will actually be cheaper than the previous generation, the pop-up screen has been naughty in the brush not to buy is not Chinese people, of course, this stunt is a long time ago buckle space kind of pit article often played a kind of title, not to turn is not Chinese people.


        It's all an old stunt from over a decade ago.


        The company bosses of the CSAC Semiconductor Club members at the scene were simply laughing at this moment, as well as the downstream OEM bosses who were all smiling happily from ear to ear.


        They felt that the sound of buying was 10,000 times better than any singer's song.


        Amongst the attendees were several bankers who were relieved to be able to continue lending money.


        The firestorm lasted for a long five minutes or so, with Li Linfei's helpless face and, in the eyes of the fanboys on the scene, a slightly adorable look of life and death on Boss Li's face.


        It finally died down!


        "The heart has a thousand words ...... thank you."


        Li Linfei smiled faintly and spoke quickly as he continued, "PHC 2.0 officially launches on November 15 this year, and the official price is RMB 41,999! Okay, you guys continue."


        The next moment, just as Li Linfei was about to say that you guys are trying to tear me down, the audience who had come back to their senses once again boiled over and cheered.


        "Damn yeah, it's straight up eight grand cheaper."


        "Conscience!"


        "Damn, this shows that foreign manufacturers are too shady."


        "Buy! Buy! Buy!"


        "Support domestic!"


        "Support domestic!" "Support domestic!"


        The boisterous crowd roared again in unison amidst the overwhelming applause, and the exploding live stream pop-ups neatly brushed with words of support for domestic production. Never before has a commercial launch been so hot, not to mention the excited fans, but also the domestic journalists and some of the engineer guests.


        It was so infectious! It's so exciting!


        "That year, the domestic high-end chip, proposed to get it out even in 10,000 years! No need to wait 10,000 years, now we are standing at the top of the world!"


        "So, can I cross my arms and swell with pride now?"


        "No, because it hasn't taken over the world yet2333!"


        "That's too much, but I like it, I'm looking forward to Future Tech Group turning the world around again and PHC 2.0 taking over the world!"


        "Go for it!"


        "Fuck the Wassenaar Agreement restrictions, what's the point?"


        "You can put restrictions on me, but it doesn't do any good!"


        "I was so excited that I backhanded one of my own eggs and then pulled it back and crushed the other one, don't ask me why I'm so tough, young people are so hot-blooded!"


        "I'm not sure I'm going to be able to do that."


        "This moment is really excited to cry, touched by the thin, thanks to Li Linfei, thanks to the future technology, this mouth is finally out!"


        "Rabbit, in my small time very afraid of blockade, adults told me that hawk sauce wood have feelings, they are cold-blooded animals, but the truth is not so, in the moment of breaking the seal, like a new life."


        "Hahahaha, upstairs Li Zhentara's department a talent!"


        ......


        PHC2.0 theme launch is not just a business launch by Coastline, it is too significant, even enough to be written into the history of the moment, worth the eternal record of the big event.


        The ICT and integrated circuit industry, semiconductors, was once regarded as the absolute domain of the old US, unrivalled.


        All the countries in the world had given up competing fully with the Americans in the field of semiconductors because it was too difficult, too difficult, really too difficult.


Chapter 1104

In again and again failure, in again and again stopping short, in the face of again and again technology embargo and embargo, once also let the national people doubt.


        But even so, at a time when the whole world has succumbed to the old US, there are still and only the Chinese still do not believe in this evil, because always convinced that what foreigners can do the Chinese will be able to do, not only to do, but also to do better than others.


        This moment is a moment of national boiling celebration, but also a hot blood burning to the moment of reversal, thinking of the previous series of embargoes, suppression, blockade of Chinese companies, this moment finally raised eyebrows, this breath of anger out of the straight out of the people's comfort, pain.


        At the same time, A-shares and Hong Kong stocks rose sharply, no, they rose sharply.


        Especially the future of the technology chain concept stocks, CSAC supply chain all red, direct stop board, A shares is the emergence of a hundred shares up to stop the situation, to be exact, the whole 458 stocks all up to stop, which the future of the technology concept stocks swept all the declining trend since half a year and all up to stop, directly drive the whole market index all the way upward wildly, a hundred shares up to stop the situation for investors is simply picturesque.


        And in stark contrast, the next day's North American stock market ushered in a desperate opening.


        ......


        The following day, North America's three major stock indexes late accelerated dive, an avalanche of heavy losses across the board, of which, the Dow Jones fell 9.2%, losing 23,000 points, the largest intraday drop of 2,000 points, a record.


        In addition, the S&P 500 index of the three major stock indices closed down 8.72% and the Nasdaq index closed down 6.97%, losing the 7,000-point barrier.


        The three major stock indices recorded their biggest one-day losses since 2022, another heavy drop following the big drop in US stocks in the last quarter of last year.


        And the morning opening of the Asia-Pacific market, the Nikkei 225 opened down to 1.9% stop 22,000 points, after a brief trading session fell to 4.47%, the Tokyo Stock Exchange MOTHERS index triggered a meltdown mechanism.


        The stick KOSPI index opened a wild 6% lower at 2292.75 points.


        If these figures are cloudy, then let's be blunt.


        The US stock market value evaporated $1.73 trillion on the day, the biggest drop in 15 years, with an avalanche of technology stocks across the board. None of the world's top 10 listed technology companies were spared, literally not a single survivor, amidst a big dive across the broader market.


        Intel's market cap lost the US$150 billion mark, 60% of its market cap compared to its peak of US$370 billion in the first half of 2021 last year, just evaporated.


        Nvidia's market cap lost the $100 billion mark after this disastrous drop, closing at $80.9 billion, a record drop from December 2018.


        Yesterday's spring was a great success, but now it's a miserable one. It must be mentioned that two of South Korea's star semiconductor giants were not spared, namely SK Hynix and the Samsung Group, of which Samsung Electronics was the worst.


        The advent of the holographic screen-free era was a heavy blow to Samsung Electronics, but what made Samsung feel slightly better was that in the MS memory bidding, Samsung memory won the favor of Li Lin Fei and became one of the major upstream suppliers of MS to overseas companies.


        However, with Samsung actively cooperating with the US SIA Semiconductor Industry Association to jointly block the coastline, all cooperation has been interrupted since then. Now CSAC system member Changjiang Storage has outlawed Samsung memory supply and has become a strategic upstream supplier partner for PHC2.0.


        ......


        Future Technology headquarters, management meeting, there is Cheng Ze responsible for convening, this PHC2.0 by now by Cheng Ze is responsible for.


        Cheng Ze looked to the managers present and said calmly, "Today's meeting will mainly discuss two issues, one PHC2.0 sales and one MS de-stocking."


        "Once the 2.0 launch comes out, it is estimated that consumers who have recently purchased MS that meet the return deadline time will definitely choose to return it, and there are still about one million sets in stock now."


        After pondering for a moment, Cheng Ze looked at the retail department and asked, "Just based on a 100% return rate, how many sets will be generated that meet the return requirement?"


        "The total number of sets eligible for return within half a month before the day of the launch is 900,000 sets." The retail department affirmed.


        A moment later, he couldn't help but spit out, "Mr Cheng, I really can't understand the pricing of 2.0, not only is it cheaper than MS, but the overall performance is three times higher than the previous generation, shouldn't the price be increased? Besides, the 2.0 won't sell poorly even if the price is increased, and to take a conservative step back, even if the sales are not as good as the MS but the profit definitely won't be."


        He really couldn't figure out why Ye Hua wanted the 2.0 to sell for RMB 41,999, wasn't this just asking for trouble? In fact, he was not the only one who couldn't figure it out.


        The head of the marketing department also poured out his grievances, saying, "Not only will we make less money, but we'll also have a lot of trouble, will consumers of the previous generation of products feel a huge gap? Will consumers who have only bought the product for a month or two ask to return it? Will there be trouble if you don't return them?"


        Clearly, the marketing department was worried about triggering a wave of returns of previous-generation products, which could lead to disputes.


        Another executive sneered, "A normal deal has been made, how can you renege on it? Oh, so you want to return the product if you are not balanced? Our company is operating reasonably and legally, and we can meet such unreasonable and unjustified demands by making trouble and playing rascal. Then who will guarantee the interests of my company?"


        The head of the marketing department said helplessly, "I mean, there are some consumers in China who have little awareness of the law and feel that they are at a disadvantage, regardless of all that, because human nature dictates that when it comes to their own interests, these people don't care what they do, they make a scene first, that is, they are hooligans and scoundrels.


        The head of the PR department also added: "Yes, if there are people behind the scenes who take this opportunity to agitate, hype up public opinion, pour some oil on it, and gather a large group of people to go to offline shops when 2.0 is officially launched, it will affect the normal sales of our products."


        Indeed, human nature dictates that this is something that has to be taken seriously, after all, there are precedents, such as the property market, where there were once news reports of a sudden wave of people going on the rampage when the property market was down, demanding that developers not be allowed to drop.


        Dare I say, when the price goes up smiling, the developer decides to lower the price when they quit and go directly to the troublemaker in a group.