Foreign media: The price of millet has soared over Sony

"TechWeb report," according to the South Korean media, "central daily" said that China's millet technology prices soaring, so much more than Sony, is chasing Samsung. According to Bloomberg News, the millet company valued as much as $40.05 trillion, surpassing Sony's market value. Compared with South Korean companies, they are smaller than Samsung Electronics (166.3 billion US dollars), but more than SK Rexroth (USD 32 billion) and Hyundai ($ 31.7 billion). Lei in 2010 in Beijing Zhongguancun Registration set up Millet company, June 2012, the introduction of investment, millet valuation of about 4 billion U.S. dollars. The value of millet, which was estimated after the allocation of external funds last August, grew to 10 billion dollars after a year, multiplying. After a lapse of more than a year, the company's value doubled four or five times times. According to foreign analysts, millet is the highest market capitalisation among all undisclosed companies, and the company's market value is expected to reach $80 billion in the next 35 years. Millet growth is very large one level is from the growth of mobile phone products, market research agency Canalys said, in the second quarter of this year in China's smart phone market, millet market share of 13.8%, more than the 12.2% share of Samsung Electronics. Business Insider points out that most smartphone companies are struggling to make ends meet. Millet's sales profit is too low, this is a problem. In other words, the world's first Samsung Electronics performance is weak, Google in 2012 will be a 12.5 billion-dollar acquisition of Motorola to sell Lenovo at a low price of 3 billion U.S. dollars, millet will also face market challenges.