Of course, it wasn't just phones that were purchased in installments. There were also computers, notebooks, netbooks, game books, Huanyu Technologies' Pear 4, and Pear phones.
Compared to phones, these electronic products were undoubtedly much more expensive.
Especially Huanyu Technologies' high-end products, which cost more than 5,000 yuan and some even cost 9,999 yuan.
To be honest, ordinary people couldn't afford such prices.
But now, with a 20% down payment, how could you not be able to afford it?
"Ahhh, I've always wanted to buy a game book from Huanyu Technologies. Finally, I have the chance."
"Yes, I've always wanted to buy a Pear 4, but unfortunately, I don't have the money. This time, I'll make a down payment and buy it back."
"Actually, I only need to buy a computer to surf the net and play games."
In reality, there were too many things that people wanted to buy.
If you bought a phone, you might want to buy a computer.
If you bought a computer, you might want to buy a Pear 4.
Not to mention ordinary people, even those who had decent conditions wouldn't be able to buy all the things that they wanted to buy.
But Huanyu's installments really gave them all the opportunities.
They couldn't afford to pay in full, but how could they not afford to buy in installments?
"Boss, I want to know how you're going to pay in installments?"
"Boss, how much is the interest for installments?"
"Boss, is it troublesome to pay in installments?"
The overwhelming flow of customers turned into purchases.
Huanyu Technologies' products, which had been suppressed by TSMC before, were sold.
At this time, sales skyrocketed.
As for the other foreign electronic product manufacturers, who had previously cooperated with TSMC, they were instantly suppressed back to their original state under the soaring sales of Huanyu Technologies' products. Not only were they suppressed back to their original state, but their sales also stagnated while Huanyu Technologies' products were soaring. In a huge electronic product mall, the number of foreign electronic product transactions could be counted on one hand.
"President Chen, that's awesome. Our Huanyu's installments are really awesome."
"Yes, yes, yes. Boss Chen, why don't you introduce us to such a good business?"
"Boss Chen, we're the die-hard fans of Huanyu Technologies."
The domestic electronic manufacturers naturally noticed this situation.
They had felt extremely pressured before, and some electronic companies were almost unable to withstand it.
After all, TSMC, Intel, and Samsung dominated the industry.
Whether it was the price or the supply chain, they had a lot to do with them.
Now that they had lowered the price, their previous cooperation with Huanyu Technologies had become useless.
However, just as they could not withstand the pressure and were about to side with TSMC, Huanyu Technology made a big move.
The Huanyu Technologies' products, TSMC, and Huanyu Technologies, TSMC.
Not only that.
Huanyu Huaye, to counterattack.
Not only had they taken back their original market, but they had also beaten their competitors' market into a retreat.
Just like now.
Which company companies companies companies could withstand their products products products't mobile phones phones' ''t mobile phones
No matter how good your phone was, could it compare to Huanyu Technologies' products?
No matter how good your computer was, could it compare to Huanyu Technologies? Could you buy a computer for only 1,000 yuan?
"Everyone, you're too kind. We've been, are, and will always be allies."
Chen Yu did not expose the major domestic electronic companies who came to Huanyu Technologies to seek cooperation.
Although Chen Yu knew that these companies would be transferred to TSMC and the others if they were a little worse.
However, in business, there was no such thing as morality or immorality.
If others could not withstand the pressure and their companies were about to go bankrupt, they would not be willing to cooperate with you forever.
If you wanted others to follow you, use your chips, and let you do the manufacturing for them, you could only bind them with absolute benefits.
If there were no benefits, who would follow you?
This was a very realistic thing.
Of course, Chen Yu did not think much of it.
Therefore, even though Chen Yu saw everything clearly, Chen Yu still treated them the same as before.
"Our Huanyu products are not just for Huanyu Technologies. Of course, if you want to cooperate, that's totally fine."
Chen Yu did not refuse.
Naturally, his Huanyu's installment plan had to be promoted.
One was for his own payment network business.
The other was to save the domestic electronic manufacturers, which was also to save himself.
If they died, Huanyu Technologies would only use its own chips. How could the entire ecosystem be built?
"Boss Chen, is what you said true?"
"Of course. When have I ever lied to you?"
"Boss Chen, thank you."
The representatives of the major electronic manufacturers could not believe it.
They thought that they might have to pay a certain price for coming to Huanyu Technologies today.
After all, how could they easily cooperate with a nuclear weapon like this?
Even if they wanted to cooperate, they had to get some benefits.
Moreover, they had previously thought of cooperating with TSMC and had even communicated with them.
They did not expect Chen Yu to not care at all and still cooperate with them.
They had to admire his magnanimity.
At the same time, they secretly felt lucky.
Fortunately, they wanted to play it safe at that time and did not switch to TSMC's side so quickly.
If they had really done so … then they would really be praying for the best.
…
"What's going on? What's going on?"
"Didn't they say that Huanyu Technologies' sales were average?"
"Also, why did the sales of the other domestic electronic manufacturers in China recover?"
Looking at the latest data report, Zhang Zhongmou almost thought that he was seeing things.
Not long ago, Huanyu Technologies was still busy dealing with their suppression.
The other domestic electronic manufacturers in China were already unable to withstand it.
Unexpectedly, a few days later, the situation suddenly reversed.
"Boss Zhang, it's mainly because Huanyu Technologies launched a business called Huanyu Installments."
"Huanyu Installments?"
"Yes, this is a financial product developed by Huanyu Technologies and the major banks. Consumers can buy the product with a down payment and pay in installments of one or two years. This is equivalent to taking out a loan to buy the product. "
"That's nothing new," Lu Xuan said.
This kind of installments was equivalent to credit cards used in Europe and the US.
When you have no money, you can use the credit card first.
Huanyu Technologies used the same method.
"Nokia, Motorola, Sony, Samsung … Can't they follow suit and launch installments as well?"
"At present, we have contacted them, and they are also considering this aspect of business. However, there are two problems in this."
"What are the two problems?"
"One is that financial businesses have always been reviewed carefully in China. Even if they launch this business, the review will take a long time. But this is not the most important reason. The most important reason is that there are financial risks in this business. "
"You are talking about the problem of consumers not being able to repay?"
"Yes, China does not have a credit card mechanism like Europe and the US, so there is not a complete credit system."
"Then why is Huanyu Technologies not worried?"
"Because they are using Alipay."
The assistant explained, "Alipay is a third-party payment tool introduced by Huanyu Technologies. Previously, it was only used for payment. Later, Huanyu Technologies added a credit attribute to it. As long as a user uses Alipay, the system will give a credit score based on their operation and financial situation. Although this credit system is not as perfect as Europe and the US, it can greatly reduce the risk of capital repayment. "
"Chen Yu is a genius."
Zhang Zhongmou slammed the table.
He did not expect Chen Yu to think of a counterattack in such a dangerous situation.
And the strength of this counterattack was even stronger than the suppression of the three companies.
So …
The situation now changed. It was not Huanyu Technologies that was under pressure, but TSMC, Intel, Samsung … and a series of electronic manufacturers that were cooperating with them were in trouble.
"What if we also use Huanyu Technologies' Alipay?"
Zhang Zhongmou could not help but ask.
However, after saying that, Zhang Zhongmou felt that he had asked a very stupid question.
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