Chapter 100 The competition begins
In less than two months, Hongjun Technology and Xu Cong directly became the number one enemy of the entire industry.
In order to increase the sales of their own products, other brands can only temporarily reduce prices in the face of such an environment.
After all, if the price is not lowered, I am afraid that the entire router market will be eaten up by Hongjun Technology.
As the sales of products of major brands in May and June were released, major brand manufacturers could not help but take a breath of cold air.
During these two months, the product sales of each brand decreased by 95% compared to the same period last year.
This reduction makes all major brands uncomfortable.
"This guy is simply a troublemaker. Doesn't this make it difficult for the entire industry to do business!"
Some senior practitioners can't help but start to curse. After all, this time the entire Hongjun Technology has completely led the router market astray.
The original router was a relatively high-end technology product.
But now as Hongjun Technology gradually begins to popularize routers throughout the market, all current router manufacturers have gradually lost their original status.
Even users who buy routers on the Internet now feel that this router has a very high brand premium when they see that the price of the router is more than 1,000 yuan.
This also makes other brands particularly uncomfortable.
Product price reduction means reduced profits, and reduced profits will reduce the funds held by a technology company in technology research and development.
Obviously, what Hongjun Technology has done has angered the entire router brand manufacturer.
Some router manufacturers even have the idea of laying off employees in the next time.
After all, with the current profit reduction, the company no longer has much ability to support more employees. Under this situation, it can only choose to lay off employees to reduce the company's future operating costs.
Regarding the fact that he was hostile to the entire industry, Xu Cong behaved very calmly and calmly.
After all, when our company made this product, it had already decided that Hongjun Technology would become a public enemy in the entire industry.
Although what this company has done has benefited more users and increased the company's popularity, in essence, it has harmed the interests of the entire industry.
But everything has two sides.
Although the company has harmed the interests of the entire industry, if other technology companies want to continue to survive, they can only speed up their progress and conduct research and innovation on products, so as to have core competitiveness to face more difficult challenges.
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The entire industry is now like stagnant water, and major technology companies are lying motionless in the water like full fish.
The emergence of Hongjun Technology is like a huge shark entering the lake.
If the fish in this lake want to continue to live, they can only increase their speed as quickly as possible to escape the pursuit of Hongjun Technology, and those who are incapable will naturally be eliminated by Hongjun Technology.
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The time has gradually arrived in July, and FireWire Games has also won the exciting competition of the top 16 in the world.
When FireWire launched the global game competition last year, it attracted many game users from around the world to participate in this game competition.
After passing the 100-city competitive competition organized by Internet cafes in China, eight teams were finally selected from more than 900 teams to represent Chinese gamers to participate in this global competition.
In addition to the eight teams from China, the other eight teams this time are from overseas users.
Four of them are beautiful countries from across the ocean, three are from Britain, France and Germany, and the last one is from the distant country of Brazil in South America.
This global competition has attracted the attention of many users at home and abroad. The fierce game environment and tactical layout are the most popular points of this game.
At the same time, the competitive nature of the game is also more prominent in the competition between teams.
This time the global game competition will be held in Hangzhou, where the company is located.
Wanxiang Technology has applied for the Global Game Contest, a major gaming cultural event, and has also received approval and support from relevant domestic cultural departments.
The leaders of Hangzhou City are very optimistic about this global game competition. After all, a global game competition can give the city a lot of exposure.
In the past few years, Hangzhou has been actively promoting the development of urbanization and constantly introducing technology companies. In the future, the city will be able to develop even more rapidly.
This global game competition is an opportunity for this city with thousands of years of cultural heritage.
Even the competition venue for this global game competition was sponsored by Hangzhou leaders and provided free of charge.
The gymnasium of the sports center was directly chosen as the venue for this competition.
After confirming the game site, Wanxiang Technology also continued to send invitations to players to watch the game live through games.
"I heard that if you go to watch the game live this time, you will get a commemorative weapon in the game. I also heard that there will be a lottery in every game, and the amount of the lottery is as high as 10,000."
Users who come to watch the game this time can completely rely on the coupon code of the game ticket to redeem weapons. At the same time, a lottery event was also held on site, including many with large bonuses as prizes.
This is very attractive to most users, and the price of the entire game ticket this time is not particularly expensive. You can purchase a game ticket for only 9.9 yuan.
For 9.9 yuan, you can watch a game, and you can redeem the props in the game through the coupon code, and you also have the opportunity to win this grand prize. This is indeed very worthwhile for most game enthusiasts.
Of course, the current global game competition has just begun, and all programs and developments are relatively immature. In order to attract more users to watch the competition, Xu Wanxiang Technology has invested a lot in it.
First of all, the ticket price for this game competition is basically free. Generally, you can buy a ticket for this game for only ten yuan.
You must know that with the continuous development of the e-sports industry, in the next ten years, the ticket prices for live watching games will increase more than ten times. Now, the ticket prices are completely set to the lowest in order to attract more people.
Young users come to watch the game.
At the same time, there are also many co-branded props in this game competition. It can be said that this is a carnival of games and game players. Many game players can get more props with the help of this competition.
In addition, although the venue does not need to pay rental fees, it also needs to recruit many staff to maintain public security and hygiene in the venue, which also requires a fee.
At the same time, the venue must also arrange seats, larger screens, corresponding seats for both sides of the competition, and computer equipment, which all require investment.
However, from the perspective of Wanxiang Technology, this global game competition itself is a way to show the company’s strength and influence.
Even the entire stock market and capital market think so.
The stock price of Wanxiang Technology has experienced ups and downs in the past few months, basically hovering between 24 and 28 yuan.
Since Wanxiang Technology has not made any special moves in the past few months, the overall development is relatively stable, which also means that the entire stock has not yet exceeded the 30 yuan mark.
However, as the time for the global game competition gradually approaches, the impact of expectations has caused the entire company's stock to rise in the past few days, even directly reaching around 29 yuan.
Through the information collected, traders from many securities centers can clearly see that this time Wanxiang Technology can use the global gaming competition to achieve a substantial increase in stock prices.
As a result, many retail investors and investors began to follow the investment in Wanxiang Technology after hearing the suggestion. This also made Wanxiang Technology suddenly become a potential stock that has attracted much attention in the stock market.
The stock of Wanxiang Technology continues to rise, which also continues to increase the market value of Wanxiang Technology.
Although Wanxiang Technology may need to spend nearly 100 million for this global game competition, the amount of bonuses provided to current game competition users is almost 70 million.
Including other expenses, Wanxiang Technology has invested close to 100 million for this global game competition.
However, judging from the nature of the global game competition, the profits that Wanxiang Technology can obtain from it this time are actually not as much as imagined, at least on the surface.
But many investors are able to understand that this global game competition has continuously increased the popularity of the entire game, directly breaking out of the global game.
At the same time, with the help of this popularity, the popularity of the game has become faster, and many users have also entered the line of fire because of the popularity of this global game competition.
At the same time, with the help of this global game competition, Wanxiang Technology has really helped Wanxiang Technology to promote a wave of money verification among global game users.
Gained popularity, gained reputation, gained new users and new markets.
Investing a mere 100 million in exchange for these things is actually not a loss.
Chapter completed!