Shockingly, a counterfeit factory has produced a 3-nanometer chip.

Chapter 284: 5000 companies show clear signs of decline, while 3000 are rising rapidly.

The subsequent comparison videos also led them to subconsciously accept this.

The Mi Note on the left opens 10 apps much faster than the SpakePro on the right.

"MIUI's system optimizations allow 1GB of RAM to perform like 1.5GB, so even if you choose the lowest configuration, you can still experience a smooth experience."

While your initial impression of a competitor's product might be that it runs smoothly, after using it for a while, you'll understand that the price difference isn't for nothing.

Led by some staff members in the audience, a very loud round of applause erupted instantly, and the Redmi Note seemed to have truly become a good product.

"Moreover, this time we have reached cooperation agreements with more distributors."

Available simultaneously in 3000 stores across India, with unlimited stock.

Our competitors can only buy it from 5000 third-party stores, but those stores don't have the same level of coverage as Reliance.

Adebayor, who was watching, suddenly became somewhat lost in thought...

What does it mean when 5000 channels are showing a clear decline, while 3000 are rising rapidly?

Sure enough, in the mobile phone industry, Adebayor thinks he's shameless enough, daring to use all sorts of promotional methods.

But he still needs to practice against the pros... He's still a newbie after all.

While he was still in a daze, the final price appeared on the big screen.

Indian version of rice starts at 339 yuan!

This is a conditional price, $10 cheaper than Transsion SpakePro.

"Rice India is not just about selling phones. We are about creating the best experience for Indian users."

The Rice Note is the beginning, so we're offering an additional $20 discount for a limited time.

Starting at 319 yuan.

Lei Jun paced back and forth on the stage, his tone once again turning sorrowful.

"To be honest, this price puts a lot of pressure on our costs."

The Rice Note is our first customized product developed specifically for the Indian market, and its overall cost is very high.

Originally priced at $339, we only made a $10 profit, but now…

At this point, Lei Jun deliberately wiped away his tears again.

"But I think that as long as we can give back to our users and make them trust our rice brand, then it's all worth it."

At this moment, as if brainwashed, Indians around the world burst into applause once again.

This time, he was noticeably more sincere, and the people who had been stirring up trouble quietly nodded in agreement.

The first-day sales figures came out quickly after the press conference.

Lei Jun's secretary, Liu Wei, rushed into Lei Jun's office with a report in hand, his face beaming.

"Mr. Lei! It's exploded!"

The Mi Note has already sold over 25 units!

Lei Jun took the report, glanced at it, and a slight smile appeared on his lips.

25. Transsion SpakePro, yesterday's sales were only 8 units.

Sure enough, clinging to the coattails of telecom operators brings a truly blissful feeling of effortless success.

With the special offers and subsidies from Reliance Telecom, you can buy a Mi Note for as low as $50.

Is this what it feels like to sell phones through carrier channels? It's so awesome!

It seems that domestic rice manufacturers should also try to find connections to secure more customized contracts with telecom operators; this might be their chance to turn things around.

"What about the other end of the communication channel?"

"Transsion only sold 2 SpakePro units today. Our 25 units are 12.5 times more than theirs."

Lei Jun put down the report and leaned back in his chair.

Finally, we won a game.

But he knew what the price of winning would be.

The Rice Note costs more than the Transsion Spake Pro, but is $30 cheaper.

Earn $50 less for each unit sold.

Originally, this phone was priced at $349 in the Indian market, and they were also planning to cut some other aspects. But now, they've not only added more features but also lowered the price.

25 units would be $1250 million.

This is trading profits for market share, but he had no choice.

If we don't fight like this, we won't even get into the market.

That evening, Lei Jun met with Lin Bin at his accommodation in Mumbai to review the situation.

"Mr. Lei, although we have won in sales, our profit margin is too thin compared to the industry average."

Transsion SpakePro's costs are lower than ours; they sell for $349, and after deducting the cost to the distributor, they still have a profit of $150 per phone.

We only make a maximum profit of $80 from selling 319.

He nodded, of course he knew there was a difference, and he also knew that Transsion required payment before delivery.

Last week, a distributor tried to cheat them, and as a result, they were cut off from the supply. Now they are being ridiculed by the entire industry.

And a profit of $150? More than that!

After all, Transsion is different from them. They have the entire industry chain. SpakePro doesn't have any advanced technology. It would be good if they could achieve a cost of $80.

"I know. But this is the only way. We need to capture the market first, and once we reach a certain scale, we can start reaping the benefits."

But it would be best to go back to China and reach a cooperation agreement with Transsion, so that our two companies can work together.

But as soon as he said that, Lei Jun himself burst out laughing.

How could they possibly cooperate with Transsion on their own initiative?

After all, if they were really going to cooperate, why would he come to the Indian market?

Before he could finish thinking, Rebus's phone rang again; it was Anil calling once more.

"Mr. Lei, congratulations! The Mi Note is selling like hotcakes. You truly are someone I had high hopes for." Anil's voice was laced with laughter, but Lei Jun sensed a less than friendly smile. "Are you free tomorrow? I'd like to talk to you."

"What are you talking about?"

"Mr. Lei, when the cooperative company was established, it was agreed that we would set up an R&D center and a local factory in India."

We've already offered discounted packages, and shouldn't the rice factory in India be up and running by now?

Otherwise, I will increase my capital and take control. See you at the board meeting.

Rebus hung up the phone, his face darkening. Anil was about to make his move again.

But he's the largest shareholder, what is he afraid of?

……

2012 9 Month 21 Day.

Rice India's board of directors is located in the top-floor conference room of the Reliance Industries headquarters building.

Six people were sitting around the long conference table.

Leibusi and Lin Bin represented the rice company, while Anil and his two deputies represented Reliance.

There were two other people, one a representative from Bharti Airtel and the other a representative from Vodafone.

When Leibusi saw the two telecom representatives, he immediately understood that they weren't there for a meeting, but to help Anil target him.

As this was a meeting for Xiaomi India, Lei Jun should have been sitting in the main seat, but Anil was sitting there with a big smile on his face.

"Everyone, Reliance Rice has achieved remarkable results in just three months since its establishment."

Currently, the daily sales of the Mi Note and Redmi 1st generation are stable at around 400,000 units, setting a record in the Indian mobile phone market.

This proves the potential of the joint venture…

He paused and looked at Lei Jun.

"However, potential needs funding to be realized, especially when there is a crocodile on the outside, which is even more important for us."

Anil glanced in Rebus's direction again...