56: Chapter 56 New Market Research!

"Bang!"

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General Manager Li Xiangdong slammed his fist onto the desk. He used all his strength, causing the teacup to jump.

"Shen Fei... Shen Fei..." he gritted his teeth and said.

"Scamming 500 million from me wasn't enough; you had to use the chips produced with my money to sell them back to me and make another profit."

He thought of those 10 million discarded mobile phones, the 150 million in processing fees, and the Guangzhou factory sold for a mere dollar due to the Africa business.

Clues! All the clues connected.

Transsion first paused recycling, tempted him to take over at a high price, then stopped collecting altogether, waited for the goods in his hands to become trash, and then...

They used some unknown technology to repair the chips and sold them at a low price to Bird and other competitors. This tactic not only earned them money but also quietly allowed them to control the supply chains of many manufacturers...

No wonder those chips were from 2007 and 2008; they weren't stock chips at all, they were damn old chips.

Although he didn't know how they did it, they had indeed done it.

One link after another, every step calculated with extreme precision.

"Pfft—"

General Manager Li Xiangdong felt a sweetness in his throat, and a mouthful of fresh blood sprayed onto the financial report. Then his body slowly slumped downward.

"General Manager Li!" The secretary hurriedly and frantically pulled him up. The paper was already bright red; it seemed this news had indeed caused General Manager Li a great shock.

But what was so shocking about this? Aside from being scammed on the order, this chip deal was practically charity.

"I... I'm fine." General Manager Li Xiangdong wiped the blood from the corner of his mouth, but his eyes were like they had been quenched in poison.

"Quick... *cough*... notify the Legal Department to sue Xinyuan Technology for commercial fraud.

Selling refurbished second-hand chips as stock chips is commercial fraud.

Notify all suppliers and tell them to inform those small enterprises that anyone who dares to use Transsion's chips is an enemy of Bird! Also, notify the Africa team."

He panted heavily, his anger still rising repeatedly: "Lower the price, another 20 dollars. I want to fight Transsion to the death in Africa."

"You will die..."

At this point, due to the extreme anger, General Manager Li Xiangdong fainted directly.

Meanwhile, on the other side at the Transsion headquarters in Guangzhou, Shen Guoming walked into the strategic conference room, supported by Shen Fei.

This was his first formal return to the company after recovering from his illness. Although he still couldn't stand for long, his spirit was good.

All the executives in the conference room immediately stood up and applauded. After all, although Shen Fei had cleared out a large group of people, most of the staff had been promoted from their original positions, and most of them recognized this old chairman.

"Dad, sit here." Shen Fei pushed his father into a specially added seat next to the main seat.

Shen Guoming waved his hand: "I'll just listen, you all continue."

Today's meeting topic was the layout of the Southeast Asia market. At this moment, Huang Tianya was explaining the detailed survey report.

"Currently, in the six countries of Southeast Asia, the annual sales volume of mobile phones is about 120 million units, with Feature phones accounting for over 95%.

The main players are Samsung, Nokia, and Chinese white-label phones. If Transsion enters, the entry point should be..."

"Indonesia," Shen Guoming suddenly said.

Hearing the old chairman speak, the person who was about to speak immediately stopped.

"Chairman Shen, why?" asked a department deputy who didn't know much about the Southeast Asia market.

"Because Indonesia has a large population, over 200 million. And they have certain... they have Ramadan customs."

Shen Guoming had seriously considered expanding into Southeast Asia. After all, before he fell ill, the domestic market was really too difficult to compete in.

Plus, Shen Fei, as his successor, was indeed not very competitive, so he had to find a good place for Transsion to get ahead... At that time, Southeast Asia was the best choice.

"During Ramadan, they usually fast and abstain from water during the day, and gather for small meals at night.

If our mobile phones have prayer time reminders, plus some mosque locations, and a special Ramadan ringtone, it will definitely be very popular."

He looked at the new publicity director, Li Qing: "I checked last year; the locals there value these details."

Shen Fei also nodded and then took the lead in applauding: "My dad is right.

When we entered the Africa market, we did localized optimization. We must do even more when entering the Southeast Asia market.

Li Qing, immediately form an Indonesia investigation team and formulate a release plan within three months."

Li Qing stood up and quickly replied: "Understood."

Shen Guoming also took a look; the atmosphere was indeed better than when he was managing it, and he completely let go of that trace of worry in his heart.

"Also, there are many Chinese people in the Southeast Asia market, so we can have a dual-system switch, such as an Indonesian system and a Chinese system.

We can even do three or four languages; the cost won't increase much, but it's very considerate and can let them feel our sincerity."

Shen Guoming said these things one by one, all details from his decades of business experience. The executives below were recording carefully, nodding from time to time.

Finally, after detailed discussion, the first market to enter was determined to be Indonesia.

The first mobile phone was expected to be a localized version of Power Max.

After the meeting, Shen Fei supported Shen Guoming to take a walk around the park to feel the changes in the new Transsion.

Compared to when he first took over last year, there had been earth-shaking changes; new scientific research laboratories and headquarters buildings were under construction.

After walking for a while, Shen Fei said with emotion: "Dad, you gave us a lesson as soon as you came back."

Shen Guoming looked at the young people working in the park: "You! Saying that just makes me ashamed.

I've been busy for so many years, and I haven't achieved as much as you have in these few months. Sigh..."

Sighing slightly, he held Shen Fei's hand tightly again: "Fei, you have done what I wanted to do but couldn't do and didn't dare to do.

I am relieved to hand Transsion over to you..."

"Then are you going to go traveling with Mom every day from now on? Don't tell me you're going to be out of the house again."

"You brat, you can't be serious for more than a few seconds. How about this, I'll be your advisor." Shen Guoming smiled.

"The title of Strategic Consultant is good. You decide the details, and I'll help you check them.

I know the Southeast Asia market quite well."

Shen Fei nodded, and a sense of warmth rose in his heart.

Just then, his phone vibrated again, and Huang Tianya sent a message: "General Manager Shen, General Manager Li Xiangdong vomited blood and was hospitalized. They must have seen the shareholders of Xinyuan Technology. It seems their capacity for tolerance is still too small.

However, I heard they are preparing to sue Xinyuan Technology."

Shen Fei smiled coldly. Wanting to sue? Sue him for selling refurbished chips? Did they really think the Black Technology Dismantling Center was just for fun?

"Let him sue. All transactions of Xinyuan Technology are legal and compliant, and the chip quality meets the standards. As for the silk screen printing, we sold them as stock chips to begin with.

As for the price reduction..."