Someone asked if it is too utilitarian and too anxious to do OLED before the LED has been improved?

No, there is no hurry at all.

Continuing to engage in LED and OLED is not a problem of whether it is right or wrong.

For example, in many cases, even if the consumer looks exactly the same, there are actually big differences.

Just like the LCD screen used by Wanhu on mobile phones now and the LCD screens used on gaming consoles at the time are also LCD screens. It sounds the same, and when consumers haven't seen them, they think it's a thing, but in fact, although the principles are the same, the display effect is very different.

However, although the September 11 incident made a very good advertisement for Wanhu’s mobile phone, after nearly half a year of hot sales, Wanhu’s mobile phone has now fallen into a period of slowing sales.

It’s not that the phone is bad, but that there are not many people who can afford it.

Don’t think that Americans are very rich. In actual business operations, you will find that the United States is actually poor.

However, after a long-term consumerist education, even the poor in the United States like to consume very much and consume in advance.

In the United States, which has a mature financial system, not only credit cards, but also payday loans.

The so-called payday loan is basically the prototype of the Internet micro-loan that is developing in another world in China.

Why do you say so?

Because it is also a short-term microfinance service.

The general loan amount is $100 to $500.

Most American companies implement a biweekly salary system, which means paying twice a month.

If the monthly salary is three thousand dollars, it will be one thousand five at a time.

However, even for a biweekly salary, Americans are often struggling.

Payday loans solve this urgent problem. When the payday is about to arrive, it provides the American people with temporary funds that can be used before it arrives.

Interest rates don't look very high, and they do seem to be convenient for many people.

The stores are opening more and more, and they even surpass fast food restaurants such as KFC, McDonald's, Burger King, Subway, etc.

However……

In fact, the lowest annualized rate is more than 400%, and the average is between 500% and 800%, and even the highest one can reach an annualized interest rate of 1,000%.

It is this huge profit that supports the continuous expansion of payday loan stores.

Marx once said that there are only two most profitable businesses in the world, one is rent and the other is interest.

This kind of loan method that does not require a mortgage proof, but only requires you to take your own identity proof and walk in, is indeed convenient for many poor people.

Even many poor people have started to use this money directly to start daily consumption.

They will make loans from different payday loan companies.

There may be a total of 100 loans, and they will all go to the loan.

They certainly cannot repay the high interest, and they themselves have no intention of repaying it.

What's even more terrifying is that some smaller payday loan companies, even if lenders are able to repay interest, will use various methods to prevent lenders from repaying them.

Borrowing three hundred dollars can cause the working class who earns three thousand dollars a month to personal bankruptcy. All real estate and cars are not recycled. Have you only seen it on the streets?

This is what the payday loan company does.

The basis for the existence of payday loan companies is actually very simple, that is, ordinary Americans are short of money.

And they will not buy non-essential consumer products unless they reach the point where they are almost free of charge.

Therefore, a very interesting thing will be found in the United States.

It is now the end of the life cycle of the sixth generation of N64 hosts, but NES, the US version of red and white machines, still has good sales in the United States.

Why is this happening?

It is because now that the red and white machines are finally cheap enough to afford them.

Even in the US market, a home console has a longer life cycle than in Japan.

When Nintendo chose to enter the Chinese market, their judgment on the Chinese market was based on the market of pirated red and white machine-compatible machines.

I believe that players in the Chinese market are also such poor players.

However, in this era, the genuine Chinese players are without exception the core players among hardcore players.

In this way, Nintendo's positioning is very embarrassing.

Their genuine machines are more expensive than pirated ones, and ordinary players will not buy them, while those genuine players look down on this backward machine.

Therefore, the authentic business in China has fallen into a stagnation.

The problem facing Wanhu is that their mobile phones are relatively expensive, although a large number of high-income people in the United States choose Wanhu's mobile phones.

But want to enter the choice range of people at a lower level.

There are only two options, one is to launch installment services yourself.

Another is to reach a cooperation model with US communications operators, allowing these cooperative operators to complete installment of mobile phones in a contracted manner.

In other words, the down payment is the phone bill, and the monthly payment is also the phone bill.

Whether it is a down payment phone bill package or a monthly delivery phone bill package, it is above the normal level.

This price exceeds the normal level includes the price of the mobile phone and the profits of operating in this way.

If you organize your installment business, the profit will be more.

However, after thinking about it, Wanhu decided to take the route of the operator contract machine.

As for the reason, there is nothing else.

It is just because American workers face financial services from the bottom-class people, and the risks are too great.

You should know that in another world, there are many cheap American versions of mobile phones. The source of these mobile phones comes from contract machines that the lower class people bought with their identities.

They only need to pay a down payment to sell their phones to international smugglers.

These smugglers then smuggled their mobile phones out of the United States and smuggled them around the world.

This is also the reason why many American versions of mobile phones are very cheap.

As for those poor people who can’t pay for their mobile phones in installments?

They have nothing to be afraid of either.

It's just a blacklist.

Compared to cash that can be obtained immediately, they don’t care about any blacklist or personal credit history.

If other countries still regard the United States as a paradise and a paradise.

But for those at the bottom of the United States, the United States is not beautiful either.

Even a country that can't even barely make a living.

Perhaps, ordinary Americans can only survive by relying on the blood and sweat of the people of the Third World.
Chapter completed!