Reborn in 1991, helping dad become the richest man

Chapter 652 Smartphones, not optimistic!

"hehe!"

Tang Yichen just chuckled.

Let it go, how is it possible?

Even if Jin Youze is no longer the president of this company, his family's shares will not disappear.

Even if the market value shrinks, the shares are still worth something.

Once you take action, you must kill him. Tang Yichen always adheres to this principle.

You have already made an enemy, but instead of killing him, you wait for him to lie dormant and then you don't know when he will bite you in the back?

You can only be a thief for a thousand days, but you can't guard against a thief for a thousand days.

If we were not in a society ruled by law now, Tang Yichen would be really determined to eradicate the problem completely.

Tang Yichen actually has a very conscientious heart in this life and has done a lot of good deeds. Even yesterday when he was returning home from outside, someone blocked his way at the door, and Tang Yichen asked him to take a few more red envelopes.

When one is successful, one should help the world. Tang Yichen thinks he has done a good job.

Although what we do here is basically only aimed at flower growers and their fellow flower growers.

But Tang Yichen has a clear conscience.

Although he has a kind heart, Tang Yichen is also cruel.

Tang Yichen had never thought of being indecisive, or being a saint and letting his opponent go, or even repaying evil with kindness.

All I can say is that in this era of rule of law, the Tang family has reached this status and stage, and they just need to protect their reputation.

The next day, Tang Yichen kept an eye on the trial results in Taiwan. Cai He personally served as Tang Yichen's eyes and ears.

The result was as expected.

Kim Jae-wook's mother, the main planner of the kidnapping, was sentenced to thirteen years in prison, and a series of accomplices were also sentenced to more than five years.

"Don't worry, Mr. Tang, I will take care of the follow-up matters!"

At the end of the call, Cai He gave Tang Yichen another promise.

"Ok!"

Tang Yichen didn't say much, just nodded and hung up the phone.

This matter ends here.

After packing up, Tang Yichen went out and got into the car.

He is going back to the countryside today.

I'm about to leave for my own island.

Grandpa and grandma are also going there this time, so Tang Yichen is going back to pick them up now.

As time passed, the family's overseas trip in August went smoothly without any accidents.

The whole family was very satisfied with the trip. My grandparents, aunt and uncle's family also had a lot of fun.

The whole family stayed on the island for ten days and played a few games on Paradise Island.

It was the beginning of August and when I came back, it was already August 20th.

A few days later, Tang Yichen returned to Liudong again.

It’s the second year of junior high school and school is about to start.

And now, Tang Yichen has really let go of all his family affairs for the time being.

Including the helicopter company, I just go there once a week as a routine, but the more important thing is to play with Xu Xinyue and deepen their relationship.

Time passes slowly.

In early October, Venus Motors officially went on sale.

The following month, Tang Yichen's smartphone finally began to warm up and officially entered the mass production stage.

However, this incident did not cause much stir in the outside world.

Because to this day, smartphones, or the development direction of the next generation of mobile phones, has always been the focus of various mobile phone companies.

Mobile phone companies often release similar news.

Smartphones, or touch-screen handwriting phones, are nothing new.

Even after hearing that Eggplant had released its smartphone and exposed some of its functions, many people directly said that this was another failed product.

Because this type of mobile phone has been available before.

But before that, there was no splash and no sensation.

What touch screen, what software application, what operating system.

Although 3G has been established nowadays and even trial promotion has begun in some areas, the mainstream is still in the era of 2G mobile network. Even your most powerful smartphone is actually just a brick.

At best, there are single-player games in it, and if you are interested, you can make a few more.

But what use is this thing in this era when mobile phones are only used as a tool for making calls and exchanging information?

Therefore, although it was something that Tang Yichen had high hopes for, it did not receive good reviews from the outside world when it appeared now.

However, Tang Yichen was not worried at all about this, and even smiled calmly.

Now, you are indifferent to smart phones. Once the real products are launched on the market, the information of the press conference is leaked, and some people use them, these people will know how attractive smart phones are.

In fact, the mobile phone market is a bit chaotic now.

Entering the second half of the year, the mobile phone market is particularly hot.

This popularity does not mean that Huaxing’s sales are very hot.

Instead, the market, which was originally relatively calm, gradually began to fluctuate.

The biggest reason is that foreign mobile phones have been significantly reduced in price.

At the same time, it’s not just foreign mobile phones.

Some domestic factories that had previously obtained mobile phone licenses began to emerge one after another.

By September, the price of Huaxing's latest mobile phones had dropped to 2,980 yuan.

The price of the old model has dropped directly to 1,500 yuan.

At the same time, this year Huaxing is preparing to launch not just one but two mobile phones.

A simple function, but performance keeps up with the times.

The other one is an extension of the performance of last year's mobile phone, mixed with various upgrades to cope with the impact of the current market.

There's no way around it, the market has been hit.

I don’t know what’s wrong with the foreign mobile phone giants now, but they have started to act as troublemakers. Not only are they lowering their own prices, they are also cooperating with domestic companies that have mobile phone licenses.

First-class components in batches are supplied at extremely low prices.

There are also some unimportant technologies that can be directly localized.

All of a sudden, the price of the mobile phone was brought down.

Because of this, Huaxing's domestic market share immediately began to decline.

By September, the market share of 60% was a bit uncertain.

In this situation, the financial statements for the new quarter have not yet been made public. If they are made public, it will definitely have an impact on the share price of Huaxing.

Of course, this will not have any impact on the Tang family because the cashing out has ended.

From early July to mid-July, the Tang family cashed out more than 48 billion Hong Kong dollars at Huaxing, totaling 10% of the shares.

Up to now, even if the share price of Huaxing is affected and starts to fall, it is nothing.

At most, it will affect the total wealth valuation of the Tang family.

In other words, rankings like Forbes will be affected.

But does it matter?

No matter what the impact is, the Tang family is still the richest family.

Moreover, this thing is valuation. When not cashing out, one dollar and one hundred dollars are just numbers and are share documents.

Falling today and rising tomorrow actually have no impact on the old Tang family.

Of course, this is the Tang family's company after all, so they will definitely not let it continue to fall.

The current price cuts and the low-spec mobile phones developed this year are the response.

Similarly, the information about Eggplant mobile phones was also understood by some people outside as the Tang family's response to concerns about the future market structure.

.........

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