Chapter 14: A Runaway Hit, Earning Over One Hundred Million a Day
“Among our models, the best-selling X phone is the Past 01 candy bar model.”
“Its sales on the official website and through TV shopping channels have each surpassed 20,000 units, nearing the 50,000 mark!”
“Next is our flip phone, the Present 01. Combined, the sales of these two models are approaching 20,000 units.”
“As for our high-end phone, the Future 01, sales are currently only in the thousands! Moreover, the payment rate for all three models is very high, with fewer than 40% opting for deposits or cash on delivery…”
Taking a deep breath, George answered with a trembling voice.
“However, the ordering pace has significantly slowed down now.”
“Clearly, these customers were all drawn in by the recent advertisements and have been waiting patiently.”
“From here on, it’s all about the word of mouth for our phones! Once the market feedback turns positive, sales will surely explode!”
Then George added a bit regretfully, “Hiss!”
Hearing George’s words, Huang Feiyang couldn’t help but gasp sharply.
In just over an hour, sales nearly hit the 200 million yuan mark?
Good heavens!
No wonder so many people in the previous world flocked crazily into the mobile phone industry!
This really is a goldmine industry!
One must understand that the net profit margin for each of X phone’s three models is definitely over fifty percent based on their selling prices.
In other words, in just over an hour, these three models of X phones have earned FY Technology over a hundred million yuan?
Earned themselves over a hundred million?
And the initial investment was less than thirty million!
“Expand the OEM order volume!”
“And nationwide advertising as well!”
After calming himself, Huang Feiyang decisively declared.
“Yes, BOSS!”
Hearing Huang Feiyang’s words, George beamed with joy.
“Moreover, our team already secured MTK’s production capacity for the next three years this morning!”
“And we have paid the deposit!”
“The contract even includes sky-high penalty clauses—if they breach, it’ll cost them dearly!”
Then George cunningly added, “Excellent!”
Hearing George, Huang Feiyang’s eyes lit up.
A true talent!
He silently admired himself for hiring such a top-tier professional manager at a sky-high price—it was worth every penny!
It’s worth mentioning that although sales of the three X phone models have dipped slightly, their numbers still grow by thousands every hour.
They are absolutely raking it in!
This wave of X phone sales is pure profit!
As the temporary acting CEO of FY, George and his team agreed to place OEM orders with several major manufacturing giants.
For each model, he placed orders of at least ten million units.
And the deposits have already been paid.
Now, he is brimming with confidence about X phone’s future.
He plans to take these three models worldwide, leveraging their performance and price advantages.
That day, the major phone manufacturers in the industry all looked at FY phones with a sneer, as if watching a joke.
In their eyes, FY Technology’s X phones are just a bunch of useless assembled devices.
Who would buy such phones?
Even now, they remain pessimistic about FY’s future!
The fact that X phone’s official website hasn’t released any data only invites more ridicule.
Is the data so terrible they dare not disclose it?
If they only knew the current sales figures of X phone, who knows how they’d react?
Most likely, they’d have to lower their arrogant heads.
Tens of thousands of phones sold in just one hour—enough to dominate the market!
Remember, FY Technology doesn’t even have mature sales channels!
By the time they realize something is amiss, two days will have already passed.
On the internet, countless posts discussing X phone, including unboxing photos and reviews, have appeared.
At the same time, X phone has started advertising nationwide on television.
And through their own channels, everyone has learned of this.
Two days ago, FY Technology already placed tens of millions of OEM orders with several major phone giants.
If X Technology’s phones weren’t selling well, would it be like this?
It’s obviously impossible!
What infuriates them the most is that while these netizens proudly showcase their X phones, they also relentlessly mock or sarcastically ridicule these established phone manufacturers.
“What to do when you’re broke: grit your teeth and spend a month’s salary on the Past 01! Only 998 yuan! Turns out, it’s amazing! Long battery life! Can listen to music, watch movies, play games, and take photos!”
“Flying Dragon in the Sky: I think all three X phone models can sweep the market for similar phones! Because my family bought all three! The only complaint is the model names—Past, Present, Future?”
“Wise Emperor: The guy above has money, spending nearly 10,000 yuan? Actually, the model names Past, Present, Future aren’t hard to understand—it’s the concept of three lifetimes.”
“Grumbler: Wow! X phone’s candy bar model makes a profit at 998 yuan, so how can other brands’ candy bar phones sell for thousands? They have fewer functions and don’t look as good!”
“Watch the Storm: Monopoly, obviously! Now FY Technology has broken their monopoly, otherwise we’d still be wasting money buying their phones!”
“Thrifty and Frugal: Buy their phones? What a joke! Now I only trust FY Technology! Only trust X phone!”
“Sarcastic: I laughed when I saw other manufacturers trashing X phones as assembled junk electronics. If they’re junk, why are they cheaper, with more and better functions?”
“Fly Fly Fly: You don’t get it. I think they’re just jealous. Who knows, maybe they’re secretly developing the same phones!”
“…”
Seeing these online comments and uniformly positive unboxing posts, the regional heads and executives of major phone manufacturers in China almost spat blood in frustration.
At the same time, their faces flushed with embarrassment.
Indeed!
They had bought some units of X phone’s three models and sent them to their labs.
They wanted to develop similar products as quickly as possible!
However, the lab engineers’ conclusions left them deeply frustrated.
To develop similar products, the key issue was the chip, which would require six months of research and development.
Six months?
By then, it would be too late.
As for their second suggestion—producing a similar assembled phone by directly purchasing integrated chips—they were even more disheartened.
Because they recently learned that MTK’s production capacity had already been entirely secured by the detestable FY Technology.
What else could they do?