Chapter 909 Color TV War (Repair)(2/2)
I just sighed, but I didn't have the heart to pay attention to these things.
As soon as I landed, I was surrounded by a continuous schedule.
Moreover, Chen Qing has been paying close attention to the price war in China's color TV industry during this period.
This is also the first industry price war in China since the reform and opening up.
It has extraordinary significance and far-reaching influence.
In March, Changhong Group suddenly announced that its color TV brands would cut prices across the board on a large scale, and put forward the slogan of uniting to resist foreign enemies. The excuse was to resist the expansion of foreign color TV brands in China. This is also the reason why people are still talked about until many years later, and in fact, it also achieved its goal.
However, the final result of the price war was that in addition to the sharp decline in the share of foreign color TV brands in the Chinese market, more local color TV brands were killed. Changhong, TCL and other companies completed the reshuffle of the Chinese color TV market and became industry giants with stable status.
Before this, as China's overall economic situation continued to improve, the people's demand for color TVs increased significantly. Under the trend of rich interests, a large number of color TV manufacturers of all sizes have emerged in China in the past few years. There are more than 60 domestic brands.
In the end, 90% of manufacturers disappeared from people's sight.
These are all later stories.
The price war in the color TV industry has just begun. Except for TCL, which followed Changhong's announcement of a price cut, most other manufacturers have not yet reacted. Many companies are accusing Changhong of disrupting market order and even calling on the government to intervene and stop it. Because of the strong demand for color TVs in the country, the seller market in this industry has been going on for more than ten years, and the prices have remained high and the profits are abundant. Is it not good for everyone to make money safely? What price war is it?
Cersei Capital China Economic Research Institute noticed the industry fluctuation at the first time and began to follow up.
Chen Qing, who gradually developed a keen business vision, was the same.
Chen Qing, who is still studying MBA courses, realized that this color TV price war seems to have little to do with the layout of the Westeros system in China, but is actually closely related.
The biggest link is the VCD industry that began to explode this year.
Countless Chinese manufacturers began to flock to this market, which is exactly the same as the color TV industry.
There is also the computer field.
The same is true.
It can be imagined that the result of this price war in the color TV industry is basically the future of the two major fields of VCD and computers.
All the industry is overheated, all the profits are abundant, and all the disorder is disorderly.
Chapter completed!