186: Chapter 186 A Hundred Yuan Makes a Difference

Guangzhou, Transsion Headquarters.

Li Qing, holding the sales data, knocked on the office door.

"Mr. Shen, over at Xinyuan Technology, they've shipped 8 million memory chips, 5 million flash memory units, 3 million screens... and over 4 million camera modules in the last few days."

Shen Fei looked up, glanced at them, and nodded.

"Has the money been collected?"

Li Qing placed the ledger in front of Shen Fei: "Settled by cash or bank transfer; payment first, then shipment. Not a single cent is missing, though the taxes haven't been paid yet."

Shen Fei looked up, thinking that even though he had connections, he shouldn't play tricks on this matter.

If someone got hold of leverage against him, it wouldn't be worth the risk.

"The books need to be clean. Every cent of the taxes that need to be paid must be paid."

Li Qing nodded: "Understood."

Taxes couldn't be skipped, but the cost of this batch of chips would probably give the finance department a headache.

Fortunately, it wasn't the first time, so they should be used to it by now.

Watching the busy Shen Fei, she paused for a moment, ensuring her own work was finished before speaking: "Mr. Shen, Samsung is starting to get anxious."

"Their people are already asking around everywhere in Huaqiangbei, trying to figure out where Xinyuan Technology's goods are actually coming from."

This sudden appearance of a major manufacturer had indeed caught Samsung off guard. They had originally wanted to continue driving up prices, but couldn't manage to do so.

Upon investigation, they discovered that there was a major factory in Huaqiangbei that had all the storage combinations needed for Feature phones... This instantly eased the market's panic.

"Let them ask around. So what if they find out? It's not like we haven't officially announced it."

...

South Korea, Samsung Electronics.

Lee Kun-hee looked at the investigation report, his face filled with an expression of disbelief.

If this hadn't been an investigation report provided by his core confidants, he would have assumed that an external investigation agency was scamming him.

Scamming him out of his money!

After all, in less than a week, the shipment volume had reached the tens of millions.

And just like before, the performance was brand new, but the silk-screened serial numbers were all products from two years ago.

This caused them huge losses; after all, they had gone through all the trouble of setting the stage, only for someone else to start selling tickets outside?

Fortunately, what they were selling were all low-end products like 128MB, 256MB, 4GB, or 8GB; prices in the high-end market remained firm.

"Where is the source of the goods? Have you found out?"

"According to online rumors and tracking them: These products should be coming from Transsion's recycling and dismantling center. They process a large number of old mobile phones every month and package them to be sent to Africa, but now it seems they are being absorbed domestically."

"It is said that they have a mysterious technology that can restore these chips to brand-new condition."

He put down the report and looked at the head of the intelligence department with a scrutinizing gaze: "Do you think you would believe this result?"

The person in charge scratched his head, also not quite believing it.

Dismantling old mobile phones for reuse is a practice in many underdeveloped countries, and China had it before too...

But restoring performance to peak levels or even improving it—this simply defied the laws of physics.

But there really was no other explanation; otherwise, it would be huge bad news.

Transsion had conquered storage production.

Their wafer fab could manufacture the dies themselves, but the technology was a bit outdated, so they could only produce these low-end products, but they couldn't get around the patents...

They had no choice but to change the silk-screen labels to ones from a few years ago to avoid related lawsuits.

Then this news would be even worse...

A boorish man nearby said directly: "Chairman, this is legal."

"China is relatively backward, and it's normal to use these recycled products to scam people. They don't have relevant regulations to supervise it..."

The intelligence chief rolled his eyes at his deputy, then stated his own bold guess.

Lee Kun-hee finally nodded; this scenario had a high degree of feasibility...

As for whether Transsion had this technology, a company that could even manufacture 28nm chips should also have the capability to simultaneously develop flash memory.

Although it was hard to convince him, it was more persuasive than passing off second-hand products as brand new...

He looked at the report in silence for a long time, and finally said: "Transsion... is much harder to deal with than I imagined."

...

April 15, 2011, Africa.

Transsion held three simultaneous press conferences in three countries: Nigeria, Libya, and Ethiopia.

The meeting in Nigeria was personally hosted by Mr. Adebayo, and this was also his counterattack against a new product released by Samsung in Africa last week.

Mr. Adebayo stood on stage, holding a black mobile phone in his hand.

"Transsion Power2Pro. Featuring a 4000mAh super large battery, truly achieving one charge per month."

A cheer full of local flavor came from the audience.

Immediately after, Mr. Adebayo announced the other selling points: a comprehensive upgrade from quad-SIM quad-standby to eight-SIM eight-standby, with SIM slots covering the top of the battery, completely solving the phone card issue.

Applause thundered instantly, and some people became completely excited.

"Wow, now my 5 wives don't have to worry anymore. I can answer calls from every one of them..."

"Buddy, you're really something. But have you thought about the fact that your wife could also be talking to 5 different men separately..."

The brother who was originally happy instantly frowned, and even the expression on his face became serious.

After this product was released, he might have another hat added to his head.

After announcing these selling points, Mr. Adebayo directly announced the final price: 199 USD.

The audience applauded thunderously again, but this time someone raised their hand and asked:

"Mr. Adebayo, Samsung's machine only sells for 189 USD, and the storage is a bit larger, so it can hold more songs. And the Power Max only sells for 149 USD; this generation has directly increased by 50 dollars, the price lacks sincerity."

Mr. Adebayo smiled: "Good question. You must be talking about their newly released T3 music phone. How good can a product be when even its name is a copy of ours?"

"And their machine, you can only insert two cards, and you have to choose a main card and a secondary card. Our machine, 8 cards, insert them however you want, no need to choose; every single one is a main card."

"And we have one month of standby time; what about Samsung?"

"As for the price issue, SIM slots aren't something you can just add whenever you want; it requires a certain level of technology. The battery cost is also very high... Our price is already a way of giving back to everyone. Your words really make me sad."

The audience nodded; the answer seemed very clear.

As for the person who originally asked the question, they were already being stared at by everyone else.

There's always someone who doesn't know what's good for them.

When the press conference ended, some customers who wanted to change phones immediately headed to the sales booths.

The moment sales were announced in other regions, loudspeakers immediately blared, directly startling passersby.

But this had a miraculous effect; some customers who were planning to go to Samsung came directly to the Transsion stores.

Some original Transsion distributors, seeing that they had moved to better stores but their sales were far less than half of what they were before, were so angry they cursed loudly.

When they prepared to take action, a group of locals immediately surrounded them.

Looking at the dark muscles on the other side's arms, plus the high-quality weapons in their hands, they all slid to their knees again.

Mr. Adebayo also reported the situation here to Shen Fei.

But Shen Fei's focus was still on the domestic market.

After all, a product that would shock the tech world was about to come out, and at that time, the expression on Lei Jun's face would surely be very entertaining.