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Chapter 587: Dog Bites Dog

~10 min read 1,889 words

When news spread that the Shenzhou electronic dictionary had entered the South Asian market and was accepted by local users, whether it was domestic companies like BBK, Xia Xin, Haier, TCL, or Japanese companies like Xia Pu, Casio, and Korean companies like LG and GoldStar, they all began to cast their eyes on this red ocean.

If it were said that before, old-school technology companies like Xia Pu didn't pay much attention to the electronic dictionary market, then now, seeing that this might be an industry with an annual shipment volume of over 10 million units and revenue of billions of dollars, these companies couldn't help but start to get jealous!

However, while old-school companies like Xia Pu and LG were still watching, the news that spread around the Shenzhou electronic dictionary made them a bit surprised.

"This newspaper has received the latest news: Hong Kong's Ning's Trading Company has added an order for over 800,000 new units to Hanxi Dongling Gao Ke, the parent company of the Shenzhou electronic dictionary, including corresponding spare parts, with a total value exceeding 90 million USD!

To meet the market demand in Hong Kong, Singapore, Siam, and other places."

Hong Kong's *Oriental Daily News* broke the big news. Just one agent in Hong Kong had placed an order for nearly 1 million electronic dictionaries to Dongling Gao Ke.

"The Korean agent for the Shenzhou electronic dictionary has placed a third additional order. Korean media estimates that the demand for electronic dictionaries in the Korean market next year will break 1 million units!"

"Japan's *Asahi Shimbun* reported that Japan's three major agents for the Shenzhou electronic dictionary—Wan Dai, SoftBank, and Nippon Telegraph and Telephone—have each placed orders for electronic dictionaries to Dongling Gao Ke, with cumulative orders already exceeding 1.8 million units.

Wan Dai's marketing department claims that it is expected that the demand for electronic dictionaries in Japan next year may reach a record-breaking 3 million units!"

"The Indian agent has placed an order for over 450,000 electronic dictionaries to Dongling Gao Ke, but this is due to Dongling Gao Ke's requirement for cash transactions. It is rumored that the Indian agent wanted to place an order for 1 million units to Dongling Gao Ke at once, but requested pre-sale and post-payment, which was rejected by Dongling Gao Ke!"

"Currently, the Shenzhou electronic dictionary is still in a state of extreme shortage. Overseas media such as Singapore's *Lianhe Zaobao* estimate that excluding domestic orders, Dongling Gao Ke has already received over 4.05 million orders from overseas alone!

If these orders are completed, they will all be settled in foreign exchange forms such as USD, JPY, KRW, SGD, THB, MYR, etc., with a total value exceeding 400 million USD.

In addition, the SD memory card developed by Shenzhou Storage has also broken 100 million USD in total overseas orders because of the hot sales of the Shenzhou electronic dictionary overseas, and it is suitable for electronic products such as digital cameras and mobile phones!

Storage equipment industry experts estimate that the blue ocean market for SD memory cards may have just opened. The demand for SD in the electronic equipment industry may continue to explode, and SD cards are expected to reach or even surpass the U-disk market!

The patents and key technologies of SD cards are independently developed and fully mastered by Shenzhou Storage Company, which invented the U-disk, and is one of the most important inventions in the field of technology in our country this year..."

Inside BBK Company, Duan Yongping and a group of people looked at the CCTV report. The Shenzhou electronic dictionary was simply killing it overseas, which made them feel a bit numb.

Although it wasn't reported on the evening news broadcast, being able to have CCTV use a full twelve minutes of news time to report on the Shenzhou electronic dictionary was enough to see how much Yanjing valued this product.

Selling hot domestically was one thing, but overseas orders earned real foreign currency! High-tech products are famous for their high added value.

What is the cost for Dongling Gao Ke to produce a Shenzhou electronic dictionary? Although it hasn't been disclosed, it is conservatively estimated that the profit for every Shenzhou electronic dictionary Dongling Gao Ke sells is 30%, or possibly over 40%.

For the country, which is still very short of foreign currency, let alone that the Shenzhou electronic dictionary is profitable, even if it were losing money, a Shenzhou electronic dictionary unit, plus the SD card, protective shell, and USB data cable from Shenzhou Storage, could bring back nearly over 100 USD in foreign currency to the country!

Just delivering these 4 million overseas orders, after Dongling Gao Ke settles them, could increase the reserve funds in the hands of the Foreign Exchange Department by 400 million USD.

If it were exporting clothes, hats, shoes, toys, etc., to exchange for USD, it is estimated that exporting several large cargo ships wouldn't necessarily earn so much, and the manufacturer might even be selling at a loss, and would need domestic export subsidies to break even.

"I heard that companies like LG, SK, Xia Pu, Casio, Citizen, Sony, etc., in Korea and Japan also have the intention to enter the electronic dictionary market!"

Duan Yongping's disciple, Chen Mingyong, said. Technology industry insiders all know that there is no smoke without fire.

If there is wind blowing out, it must be that those overseas giant companies have this idea, releasing rumors to test the water, or contacting corresponding component suppliers—there is more or less wind blowing out.

Don't ask how BBK knows, because BBK also plays like this. These days, BBK has actually prepared an R&D team, preparing to develop its own electronic dictionary.

They have also had contact with Dongling Gao Ke component industry chain companies, wanting to purchase components from there. After all, they are all ready-made. Just design a shell, buy back the components, assemble them, print the LOGO, and basically it's on sale.

Looking at the news on TV and hearing that companies in Japan and Korea are going to follow Dongling Gao Ke, Duan Yongping didn't expect that one day he would be able to see Japanese and Korean companies following domestic products!

In the past, it was always foreign countries launching a product, and domestic companies following suit with various imitations, and then being mocked by those overseas media that domestic companies were all "thief" companies, only knowing how to imitate and copy products from Japan, America, and old Europe.

But after Dongling Gao Ke appeared, it hard-boiled broke the inherent view of Japanese and Korean media on domestic technology products!

Duan Yongping thought carefully. Since the day Dongling Gao Ke was founded, it seems that it has always been leading the trend of the technology industry.

Over the years, the mechanical scroll mouse, electronic pet machine, Little Smart phone, mini radio, Shenzhou U-disk, SD memory card, Shenzhou electronic dictionary, etc., popular in the technology industry, were all developed by Dongling Gao Ke first.

Among them, except for the digital cordless phone, where Dongling Gao Ke and Siemens crashed and both claimed to be the first to develop it, the rest, placed in the domestic technology industry, can be indisputably recorded in history. Dongling Gao Ke is the first developer of these products!

And after Dongling Gao Ke developed new products, they began to be scrambled to be imitated by domestic and even overseas manufacturers.

The prejudices and colored glasses placed on domestic goods in the past all failed in front of Dongling Gao Ke.

"Can Dongling Gao Ke agree to those manufacturers producing electronic dictionaries?" Duan Yongping asked back.

For many things, the most important thing is creativity. To be honest, is the technical difficulty of these products launched by Dongling Gao Ke high?

The answer is obvious. Dongling Gao Ke has only been established for a few years. Where does it have so much funding to research something unique in the world, leading peers by decades?

Many companies dismantled Dongling Gao Ke's products and basically could reverse-engineer them by drawing a cat based on a tiger.

The most important thing about Dongling Gao Ke is innovation. Using technology that is not so leading to develop brand-new products. Before Dongling Gao Ke made them, other companies couldn't think of them. This is Dongling Gao Ke's advantage!

Although in terms of technology, Dongling Gao Ke's lead is not much, the patents are held in Dongling Gao Ke's hands.

This year, Dongling Gao Ke just had a big fight with companies like Lianxiang that infringed on the Shenzhou U-disk patent, almost dismantling Lianxiang. At this time, who dares to touch the mold? Who dares to use Dongling Gao Ke's patents without authorization to produce and sell electronic dictionaries?

For BBK, there is also some worry. Even if they can produce electronic dictionaries, if they can't get patent authorization from Dongling Gao Ke, BBK doesn't dare to act rashly, because Dongling Gao Ke has already set an example. It really dares to raise a knife and chop off an opponent who doesn't follow the rules!

"Dongling Gao Ke can fight a patent lawsuit with one of those manufacturers like Xia Pu, Sony, Canon, Citizen, LG, but does it dare to offend them all?"

Another disciple of Duan Yongping couldn't help but say. Domestically, Dongling Gao Ke's influence is unquestionable. Just look at today's CCTV news report. Everyone knows how much foreign currency Dongling Gao Ke can earn for the country. If the country and Dongling Gao Ke move hands, who will suffer more?

But overseas is not like domestic. Dongling Gao Ke is tough, but those overseas giant companies are not vegetarians. It is possible to have a patent lawsuit with one company, but which company dares to offend so many giant companies?

"Why do you think Dongling Gao Ke dares not?"

Duan Yongping asked his disciple who just spoke meaningfully, leaving the latter in a daze.

"If without Dongling Gao Ke's patent authorization, companies like Xia Pu and Casio launch a large batch of electronic dictionaries, you say, who will be anxious first?" Duan Yongping asked.

"Is it... those overseas distributors of the Shenzhou electronic dictionary?" Chen Mingyong's thoughts turned.

Duan Yongping neither admitted nor denied it, just said, "I have to admit, in terms of layout, no one in the country can surpass the founder of Dongling Gao Ke!"

The Shenzhou electronic dictionary has actually kidnapped those overseas agents. The agents of the Shenzhou electronic dictionary in places like Korea, Japan, and India sell goods at prices one or two times higher than Dongling Gao Ke's supply price, simply earning crazy money.

If a large batch of electronic dictionaries suddenly appears and the market is no longer out of stock, can those agents still sell high-priced electronic dictionaries?

At that time, will the overseas agents whose financial path has been cut off fight for their lives?

"BBK must try every means to get patent authorization from Dongling Gao Ke before launching the electronic dictionary!" Duan Yongping instructed a group of BBK executives.

"Is this the new production line for the Shenzhou electronic dictionary?"

He Heng, the director of the Foreign Exchange Department who rushed to Pingyang, came directly to the Dongling Gao Ke Electronic Industrial Park. ===== CHAPTER 588 =====

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