Rebirth: Return to 1991 to be the richest man

Chapter 1780 A competitor that cannot be ignored

As for this battle, it is nothing more than a grab for the market.

Whoever can seize the market will be the future king of China's electrical appliance industry.

In China's electrical appliance industry, Chen Jianghai naturally wants to let national brands occupy the top spot.

If these foreign companies want to compete, they have to show their real skills.

Chen Jianghai is confident of winning this war.

Because now Qiu Hai is really not afraid of anyone in the field of electrical appliances.

May 20th arrived in the blink of an eye, and Qiuhai's products were officially launched on this day.

Now, everyone is waiting for Qiu Hai's sales.

Among them, the most concerned ones are naturally those foreign companies.

On the first day that Qiuhai's new products were launched, these foreign companies immediately bought Qiuhai's products.

They want to know whether the new technologies promoted by Qiu Hai have been used in these new products.

As soon as the items were purchased, they immediately asked professional engineers to conduct research.

After getting the results, the hearts of these foreign company executives suddenly became cold.

What makes them unbelievable is that these new products of Qiuhai actually all use new technologies.

Even compared with their products, these new technologies are not far behind.

Under this situation, the heads of these foreign companies suddenly became unhappy, and they also felt a little bit like they were facing a formidable enemy.

Originally they thought Qiu Hai was making false propaganda, trying to make a last ditch effort to deceive consumers.

Now it seems that this is not the case at all.

This person has real abilities and has made adequate preparations beforehand, so he is not just bragging.

Looking at the electrical appliances in his hands, the person in charge of Panasonic in China couldn't help but sigh: "Yo Xi, Qiu Hai, this is amazing!"

This sentence is true, Qiu Hai is indeed very powerful.

When Qiu Hai's first-day sales came out, they became even more panicked.

The sales of Qiu Hai's new products were not much different from their current sales.

In a few days, it is not impossible to exceed their sales volume.

Sure enough, the next day Qiuhai's product sales exceeded that of a foreign company.

Within a week, the sales of Qiuhai's new products completely surpassed those of these foreign companies.

The heads of foreign companies were all dumbfounded when they looked at the sales volume in their hands.

They never expected that Qiu Hai would give them such a big "surprise".

In just one week, Qiu Hai defeated them all?

Nowadays, the sales of these new products newly launched by foreign companies are actually good.

To be precise, if these sales were in normal times, it would be enough to hold a celebration party.

But after seeing Qiu Hai's sales, they couldn't be happy at all.

Because at this moment, these foreign company executives have realized that it is impossible to surpass Qiu Hai.

The sales of these foreign companies have now stabilized, while Qiuhai's sales are still rising steadily, looking like they have unlimited potential.

From this point we can see that there is a gap between the two products.

The foreign company executives who were full of confidence before were completely silent now.

They can only honestly report the real situation to their superiors.

The executives of these foreign companies knew very well that if they did not find a way to do something, they would definitely lose the competition with Qiu Hai.

Under this circumstance, the heads of these foreign companies in China had some exchanges and quickly made a decision.

That is to unite first and deal with Qiu Hai together.

According to their thinking, they planned to squeeze Qiu Hai out of the market first.After driving Qiu Hai out of the market, they would go back and carve up China's huge electrical appliance market.

At that time, everyone can just rely on their abilities.

As for how to catch Qiu Hai on the scene, the method is very simple, that is, price war!

After researching Qiuhai's new products, these foreign companies now know clearly that there is actually not much gap between Qiuhai and them in terms of technology.

It is already impossible to defeat Qiu Hai in this aspect.

The only way left is to fight for money.

Qiu Hai is indeed on par with them in terms of technology.

But this does not mean that in other aspects, foreign companies have nothing to do with Qiu Hai.

In terms of capital alone, foreign companies have great confidence and believe that Qiu Hai is definitely not their opponent.

In particular, these foreign companies decided to join forces and launch a price war together.

For Qiu Hai, this must be an insurmountable difficulty.

Don't look at the fact that Qiu Hai has made a lot of money in the past few years and has a huge overseas market.

For ordinary people, this amount of money may be an astronomical amount of money.

But for these foreign companies, it is not so far away.

Even the net worth of many foreign companies is several times this figure.

In any case, these foreign companies have been developing for decades, even hundreds of years.

They are not only making a lot of money with backward products in China, but also in other regions.

After so many years, the wealth he has accumulated has already reached an astronomical figure, which is naturally not comparable to Qiu Hai.

In their opinion, if they really compete for funds, Qiu Hai will definitely not be their opponent.

What's more, now these foreign companies have joined forces.

If technology cannot surpass you, then I will kill you with money.

After the heads of these foreign companies discussed it, they went back to prepare.

Of course, they also knew very well that defeating Qiu Hai was not as easy as they thought.

Once this price war starts, it will definitely last for a while.

Qiu Hai's funds are of course very strong.

If this were any other Chinese national enterprise, they would definitely not have so much capital.

If they had money, they would definitely use it to acquire and expand, produce more products, and earn more profits.

Like Chen Jianghai, it can be said that very few invest money in research and development and strive to improve the technology and quality of their products.

According to the predictions of these foreign companies, if Qiu Hai really wants to fight with them, the funds on hand will definitely be able to support it for a year or two.

Foreign companies don't want to delay for too long. They want to win Qiuhai quickly and end this price war.

If you want to do this, you must be ruthless when cutting prices.

As for the results, these foreign companies really have no worries at all.

With their families united, no matter how powerful Qiu Hai is, he is still no match for them.

These executives were filled with emotion on the way back.

Who would have thought that China's electrical appliance industry, which used to be so weak and basically at the mercy of others, would suddenly have an outlier like Qiu Hai.

And in just a few years, it has grown to such a scale that it has become a competitor that cannot be ignored.

Qiu Hai shocked them too much.

Many people even had an idea in their minds: after Qiu Hai failed, could they acquire it?

In confronting Qiu Hai, foreign companies have been more active than ever.

(End of this chapter)