Chapter 3526
In comparison, the performance of other brands of smartphones launched in a hurry could not be compared with the Hanhai Generation I at all, and various negative news frequently appeared in various media. Therefore, after initially attracting some consumers because their pricing was lower than the Hanhai Generation I mobile phone, the sales of these mobile phones fell rapidly.
Although their pricing was lower than the Hanhai Generation I mobile phone, it was not much lower, all around 3,000. However, compared with the Hanhai Generation I mobile phone, the performance was a big cut worse. It was self-evident how consumers should choose.
This left these mobile phone manufacturers in a dilemma. They had suffered huge losses before, and to make up for the losses, they developed their own smartphones. However, their smartphones still had to pay high patent usage fees to the Hanhai Generation I mobile phone, and coupled with the relatively low selling price, the profits were quite meager.
Now consumers were still not buying it, which made them very embarrassed. However, no matter how embarrassed they were, they had to hold on; otherwise, they would go bankrupt.
Two world-renowned mobile phone giants, which had once created sales myths, were now struggling and on the verge of bankruptcy because of the advent of the Hanhai Generation I mobile phone.
End of Chapter
