Millet more scold more fire valuation up to 50 billion dollars ultra Sony chase Samsung

Source: Internet
Author: User
Keywords Samsung Sony Millet valuations
According to South Korea's "Central daily" November 6 reported that the Chinese Apple is called the value of millet soared. The company has valued up to $40.05 trillion trillion, more than Sony's market value, Bloomberg reported. Compared with the Korean enterprises, although millet than Samsung Electronics to small, but also more than the SK Heidelberg and Hyundai cars. reported that Lei 2010 registration set up Millet company, June 2012 investment, millet valuation of about 4 billion U.S. dollars. BusinessInsider, a well-known American technology blogger, said that Millet was the company with the highest market capitalisation in undisclosed enterprises. Investors estimate that the company is now valued at around $40.05 trillion trillion, which is expected to reach $80 billion trillion over the next 35 years. reported that the price of millet is soaring because of its rapid development momentum. According to market research firm IDC News, the third quarter of 2014, the number of millet cell phone out of 17.3 million, the year-on-year increase of more than 200%. Given that Millet has not yet entered the U.S. market, the results are very dazzling. In the global smartphone market, Millet became the fourth-largest smartphone company after Samsung Electronics, Apple and Lenovo. In the Chinese market, Millet has defeated Samsung Electronics. Market research agency Canalys said that in the second quarter of this year in the Chinese smartphone market, millet market share of 13.8%, more than Samsung Electronics (12.2%). According to Forbes, Millet sold 5.31 billion dollars in the first half of the year. The report also pointed out that millet innovation depends on the industrial model to achieve. Millet using a full network of sales, only 1% of sales to put into marketing. The cost savings will reduce the price of the product. Millet mobile phone price of 100-400 U.S. dollars, is iPhone6 price of about One-third. Some worry that in the cataclysmic smartphone market, millet can continue to maintain this momentum. BusinessInsider points out that most smartphone companies are struggling to make ends meet. Millet's sales profit is too low, this is a problem. Samsung Electronics performance is weak, Google in 2012 will buy 12.5 billion U.S. dollars Motorola to sell Lenovo at a low price of 3 billion U.S. dollars, millet will also face market challenges.
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