Welcome to the official website of Violet Electronics LTD !
Contact Us
Support hotline:
ADI/LINEAR Distributor
Violet Electronics LTD
+86-13699887279
LARGE STOCK&BEST PRICE
100% NEW&ORIGINAL
What we do 
ADI/LINEAR Distributor
Main advantage brand

ADI, LINEAR, TI, ST, NXP and other international first-line brands

Our advantage
NEW&ORIGINAL, LARGE STOCK&BEST PRICE
News
News
Understand the latest developments in the industry
How do Chinese electronics companies respond to the financial crisis?
Source: | Author:electronics-101 | Release time :2014-10-11 | 378 Views: | 🔊 Click to read aloud ❚❚ | Share:

The world financial crisis has affected the world's real economy and international trade, and it has also had a significant impact on my country's economy. The main manifestation is that foreign trade exports have been greatly reduced. The Chinese economy performed well in the first quarter relative to the bleak world economy, but it cannot be said lightly that the Chinese economy has begun to recover. At present, the employment situation in China is still severe, the willingness of private investment is still not strong, the plight of small and medium-sized enterprises has not fundamentally changed, and electronic companies are still under the pressure of crisis.


    In order to cope with the current financial crisis, many electronic companies in my country have adopted the following coup.

    Today, the Chinese market has become a market with great potential in the world, and its capacity is huge. Especially in order to expand domestic demand, the central government invested 4 trillion yuan and proposed ten measures to expand domestic demand. This provides conditions for my country's small and medium foreign trade enterprises (including electronic medium and small foreign trade enterprises) to turn to the domestic market. Many small and medium-sized electronic foreign trade enterprises in my country that have encountered temporary difficulties in exports quickly adjusted their business directions, adjusted their product structure, and produced a large number of electronic products required by the domestic market. For example, consumer electronics manufacturers and mobile phone manufacturers moved to the domestic market in large numbers; The movement of electronic products to the countryside has played a great role in alleviating the crisis of small and medium-sized enterprises; at the same time, activities of transferring foreign trade products to domestic sales have also been carried out.


    Under the influence of the current financial crisis, the world economy is in depression and the foreign trade situation is severe, which has added numerous difficulties for Chinese electronics companies to explore the international market. But in the face of difficulties, he is a hero. The more difficulties, the more forward, facing the difficulties, this is the true nature of the Huawei Group, which has been tempered in the world market after 30 years of reform and opening up. Huawei Group dared to face tough, relying on its own economic and technical strength, talent strength and wisdom, it entered the US market under the difficult conditions of the financial crisis.


    Entering the US telecommunications market has always been Huawei's goal, because the US market is the mainstream global market, and most of the largest buyers of global telecommunications equipment are concentrated in North America. The annual purchase of telecommunications equipment in this market is half of the global telecommunications expenditure. Although this mature market is difficult to penetrate, now is a better time to break through the US market. The reason is that the veteran equipment vendors were badly injured by the financial crisis. When everyone was short of money, Huawei's low price advantage seemed extremely attractive.


    my country's electronics companies should improve their overall strength, keep making progress, and use technological innovations to develop.