320: My God, 349.9 billion Xiayuan? !

At this moment, the Four Major Mobile Phone Giants' CEOs present were all feeling depressed.

This depression stemmed from the failure of their schemes, a situation where they tried to outsmart others but ended up losing more than they gained, and also from the realization that they could no longer use insidious means to bring down Shuguang Technology, a formidable competitor.

After all, once listed, Shuguang Technology would be a United States publicly traded company, with its every move under Global scrutiny.

It would not be easy for them, or even United States, to employ underhanded tactics to suppress Shuguang Technology, because after its listing, Shuguang Technology would have capital behemoths and millions of shareholders backing it.

If they wanted to use abnormal means to suppress Shuguang Technology, they would first have to ask if the millions of shareholders on Nasdaq in United States would agree.

Therefore, under these circumstances, the Four Major Mobile Phone Giants knew that they no longer had any shortcuts to take.

How could they not be depressed upon learning this outcome, especially considering that Shuguang Technology’s smart phone release was so sudden, leaving them unprepared?

This also meant that they would have to honestly spend a year to a year and a half developing their own smart phones, which in turn meant they could only watch Shuguang Technology rake in profits without being able to do anything.

Facing this situation, how could they not be depressed and in an extremely foul mood?

However, no matter their mood, they could not possibly watch Shuguang Technology make a huge fortune in the market, so the subsequent negotiations between the Four Major Mobile Phone Giants went exceptionally smoothly, with little concern for individual profits.

Ultimately, they decided to raise 8 billion US dollars and deploy their companies' core R&D backbones to form a joint R&D team.

Although the research locations were not centralized but dispersed across the Global, for example, Samsung Electronics was responsible for the R&D of the fourth-generation IPS-pro capacitive screen.

For instance, Motorola was responsible for developing a more powerful mobile phone processor based on the ARM1136J-S core, and Nokia was responsible for the smart system development of the Symbian System.

To accelerate the development progress of smart phones, each company dispatched its R&D personnel to enhance the R&D capabilities of other companies, supplemented by the R&D funds from other companies.

Under these circumstances, the time it would take for the Four Major Mobile Phone Giants to develop smart phones would certainly be accelerated; their smart phones would surely be born within a year at most!

Of course, during this year, Shuguang Technology was destined to comfortably enjoy huge profits, and the only smart phone that could possibly pose a threat to Shuguang Technology during this period.

That is, Motorola's already half-developed full-resistive screen smart phone, similar to the nokia 5230 in its previous life, but the shuguang s2 smart phone is too powerful.

Even the real nokia 5300 could not threaten the position of the dawn s2 Smart Phone, so the full-resistive screen smart phone that Motorola was developing only posed a minor threat and could not truly cause trouble for Shuguang Technology.

Thus, time flowed by, as the Four Major Mobile Phone Giants gritted their teeth and swallowed the bitter pill, fully concentrating on jointly developing smart phones with a big push.

Meanwhile, news about Shuguang Technology in the outside world was continuous, mainly related to Shuguang Technology's listing on Nasdaq, or discussions and speculations about Shuguang Technology's market value after listing.

And these news stories gradually became hot topics of discussion in the following few days.

Considering the astonishing sales of Shuguang Technology's current high-end phones and its market share, people were quite curious about Shuguang Technology's market value after listing.

Some people claimed that Shuguang Technology's actual market value could reach 100 billion US dollars.

Others claimed that Shuguang Technology's market value could only reach a maximum of 20 billion US dollars.

Of course, some exaggeratedly said that Shuguang Technology's market value could reach 500 billion US dollars...

Many people speculated about Shuguang Technology's market value after listing; they were divided into several factions, and no one could convince the other.

And the audience also kept changing camps with public opinion, making it truly impossible to guess Shuguang Technology's market value after its listing for a while.

After all, the conclusion that Shuguang Technology's market value was very high was based on the fact that the dawn s2 Smart Phone dominated the high-end phone market unrivaled, and was also unrivaled in the mid-range phone market.

However, those who believed Shuguang Technology's market value was low clearly pointed out the fact that Shuguang Technology was merely a shell company!

They claimed that Shuguang Technology had no core technology and no mobile phone factory.

Although it currently holds numerous patents for the entire device and appearance of the shuguang s2 smart phone, and mid-range phones like the dawnlight a2 and dawnlight f2.

It has also established its own company R&D department, and it is said to possess the highest-level permanent use authorization for the Shuguang Mobile System and Shuguang Smart Phone systems.

But none of these change the fact that Shuguang Technology is a shell company!

The reason Shuguang Technology is so strong is that the Shuguang R&D Center behind it provides the market's strongest core mobile phone technology.

And Shuguang Electronics, which was just established a while ago, produces high-quality mobile phones for them.

Under these circumstances, with no self-production capability and all core technologies supported by its sister company, what is Shuguang Technology's market value?

Not much!

It can be said that if it weren't for Shuguang Technology's high current market share in mobile phones, and the indeed robust sales of its mid-to-high-end phones.

Those who were not optimistic about Shuguang Technology's high valuation would truly be unwilling to give Shuguang Technology a valuation as high as 20 billion US dollars; even a 2 billion US dollar valuation would be considered high.

However, no matter how they speculated, in the time to come.

As Shuguang Technology successively released relevant business sales information due to Nasdaq's strict listing requirements, those who looked down on it finally shut their mouths.

The reason for this is that although Shuguang Technology did not disclose the profit and revenue situation of each mobile phone.

Just the sales turnover for this year and the projected sales turnover for the future were enough to astound people.

And then make them exclaim, “Damn it, selling mobile phones is so profitable! Making mobile phones is like picking up money.”

The reason for such a huge gasp of astonishment is, taking the low-spec shuguang s2 smart phone as an example.

Based on the current estimated annual sales of 70 million shuguang s2 smart phones, the annual turnover would be 349.9 billion Xia Yuan!

This 349.9 billion Xia Yuan, calculated at an exchange rate of 8.27 Xia Yuan to one US dollar, would be equivalent to a 42.3 billion US dollar turnover!

Of course, this 349.9 billion Xia Yuan, or 42.3 billion US dollars, in annual turnover is only theoretical data, as Shuguang Technology will face competition from other mobile phone manufacturers in the future.

The sales of the shuguang s2 smart phone in the coming year might not reach 70 million units, so the total future turnover might not reach that much.

But the problem is that Shuguang Technology also has the high-spec shuguang s2 smart phone, which sells for as much as 5499 Xia Yuan and whose actual sales proportion is even higher than the low-spec version.

There is also the turnover from nearly 50 million mid-range phones in the mid-range phone market; Shuguang Technology's annual turnover easily exceeds 55 billion US dollars... (End of Chapter)