1. Close cooperation between OFILM and Apple
2. Apple terminated its cooperation with OFILM
3. Wingtech Technology's acquisition and cooperation qualifications were obtained
1. Statements on the record of investor relations activities
2. The loss of Wingtech Technology's optical module business
3. Timely stop-loss decision-making
1. The production of all optical module orders has been completed
2. No more new orders
3. Other cooperation projects will not be affected
1. Apple's orders are not a panacea
2. Don't be led by the nose by apples
In the technology industry, cooperating with Apple has become the dream of many ** businessmen. However, the attractiveness of Apple's orders usually comes with huge risks. After entering the fruit chain and cooperating with Apple, the best merchants often face the pressure of Apple's half-heartedness and the uncertainty of market changes. Although getting an order from Apple means business opportunities and profits, it does not mean that you will necessarily make money.
1. Close cooperation between OFILM and Apple
OFILM is a leading optical module manufacturer in the fruit chain, providing key optical components and modules for the cameras of Apple products. The cooperation between the two sides was once intimate, and OFILM became an important part of Apple's lens module chain.
2. Apple terminated its cooperation with OFILM
However, in March 2021, Apple unexpectedly terminated its partnership with OFILM. This decision is undoubtedly a blow to OFILM, because their devices are customized for Apple. Apple's abrupt termination of cooperation put OFILM in a difficult situation.
3. Wingtech Technology's acquisition and cooperation qualifications were obtained
In the face of the loss of Apple's order, Wingtech Technology acquired the first-class camera-related equipment cooperated by OFILM and Apple, and successfully obtained Apple's cooperation qualification. Through the debugging and efforts of many parties, Wingtech Technology's products have finally successfully passed Apple's final verification, entered the stage of normalized mass production, and become the leading new optical module supplier in the fruit chain.
1. Statements on the record of investor relations activities
According to the record of investor relations activities disclosed by Wingtech Technology, the company decided to stop producing optical module products for specific customers. Although there is no explicit mention of Apple by name, judging by the situation, this"Specific customers"It's basically Apple. Wingtech Technology took the initiative to give up undertaking Apple's optical module orders, and even Apple could not change their determination.
2. The loss of Wingtech Technology's optical module business
2021 is the first year of cooperation between Wingtech Technology and Apple, and this year their optical module business loss reached 33.5 billion yuan. In 2022, it continued to lose 33.5 billion yuan, and in the first half of 2023, the loss will continue to climb to 7 million yuan. Although a net profit of 10 million yuan was achieved in the third quarter of this year, overall, in the two years of cooperation with Apple, Wingtech Technology has accumulated a loss of nearly 700 million.
3. Timely stop-loss decision-making
In the face of continuous losses, Wingtech Technology decided to stop losses in time and gave up continuing to cooperate with Apple. They have completed the production of all Apple's optical module orders, and have not obtained new orders, and will not continue to produce optical module products for Apple in the future.
1. The production of all optical module orders has been completed
Wingtech Technology has successfully completed the production of all of Apple's optical module orders, providing reliable products for Apple.
2. No more new orders
However, Wingtech Technology decided not to get new Apple orders. They may have given up on continuing to cooperate with Apple, probably because they believe that continuing to cooperate will not be able to recover the decline for them, and it is wise to stop losses in time.
3. Other cooperation projects will not be affected
Although Wingtech Technology has given up Apple's optical module order, their cooperation with Apple in other cooperation projects is still not affected, such as cooperation in other products such as smart home and laptops.
1. Apple's orders are not a panacea
The cases of Chinese enterprises OFILM and Wingtech Technology tell us that Apple's orders are not a panacea, and the best business cannot rely entirely on cooperation with Apple. Apple's decision-making is uncertain and the partnership is not stable.
2. Don't be led by the nose by apples
Domestic enterprises need to understand that their own development and business diversification are the long-term way. We should not be led by Apple, but should take the initiative to look for other cooperation opportunities and seek the possibility of development in market diversification.
In the highly competitive technology industry, cooperation and stop loss are important issues for businessmen to think about. Whether it's working with Apple or other well-known technology companies, companies need to assess the situation and make smart decisions in order to be invincible in the market.
Through the cases of Chinese enterprises OFILM and Wingtech Technology, we can see that even if we cooperate with Apple, it does not necessarily mean that we will be able to make money. After losing 700 million yuan in two years, the Chinese company OFILM took the initiative to give up Apple's orders and no longer undertake Apple's businessAnd Wingtech Technology also gave up Apple's optical module orders, because the two-year cooperation led to a cumulative loss of nearly 700 million. This tells us that even when working with well-known technology companies such as Apple, we need to be aware of the situation and make smart decisions. **Merchants should understand that Apple's orders are not a panacea, and cannot rely entirely on cooperation with Apple, but must constantly seek the possibility of diversification. Only by making prudent decisions, doing a good job of cooperation and stop loss, can we be invincible in the fiercely competitive technology industry. Therefore, when working with Apple or other well-known technology companies, companies need to review their own development, seek market opportunities, maintain flexibility, and make informed decisions in order to achieve sustainable and stable development.