The reversal of the status of China and South Korea?Samsung plummeted 95, Huawei soared 218, and wha

Mondo Technology Updated on 2024-01-28

Over the past few decades,SamsungThe Group has been relying on the Chinese market for huge sums of moneyProfits。China's huge population market is:SamsungThe company has brought in a huge potential consumer base, which has made the company very profitable in China. However, due to a series of problems,SamsungThe image of China is gradually declining. Mobile phonesThe battery ** incident was an important turning point, and it was severely damagedSamsungbrand image, causing Chinese consumers to lose trust in the company. What makes Chinese consumers even more angry isSamsungin dealing with the problemMobile phonesThe indifferent attitude to Chinese users at the time of the recall. These factors have led to:SamsungFiasco in the Chinese market.

At the same time,SamsungIn order to cater to the U.S. market, it has desperately cut chip exports to Chinese companies, and even cut off supply many timesHuaweiand other Chinese enterprises. This abandonment of the Chinese market and favoritism towards the United States has led directly to:SamsungDefeat in China. It turns out that the Chinese market is very forSamsungand other companies are crucial without the support of the Chinese marketSamsungThe chips simply can't be sold andProfitsgrowth.

However, in the Chinese market,HuaweiAs a Chinese highTechnologyenterprises, but achieved growth against the trend. Despite the face fromUnited States**of repression and sanctions,Huaweiof the first half of the yearProfitsStill a significant increase. This phenomenon is further proof of the importance of the Chinese market for companies.

Currently,SamsungRealizing the mistake of relying too much on the U.S. market, he tried to get back into the Chinese market. However, Chinese companies have grown and have enough strength to resistSamsungThe return of . Now,SamsungFaced with the dilemma of being ignored and neglected. This is not surprising, as China is gradually replacing South Korea as the dominant party in the competition between China and South Korea in many areas.

1. Shipbuilding industry: China overtakes South Korea

In the past, KoreanShipbuildingindustry has always been proud, but in recent years China'sShipbuildingBusinesses quickly rose and surpassed South Korea. In the first half of this year, ChinaShipbuildingThe company undertakes about 67% of the world's orders, andKorean companiesof orders are less than a quarter of China's. In just half a year, China has started from South KoreaShipbuildingThe industry earned $11.8 billion in orders, which shows the rapid progress of China in this field. China's rise has left South Korea feeling unstoppable. Some South Korea** bluntly said that China's rise is everywhere, and South Korea is warned by China at any time.

2. Scientific and technological innovation: China is accelerating its development, while South Korea is lagging behind

Chinese companies are inTechnologyGreat achievements have been made in innovation and high-tech industries, withKorean companiesIn comparison, its strength has been greatly improved. China's progress and rapid development are not only inseparable from the innovation and fighting spirit of enterprises, but also in ChinaTechnologyinnovation and strong support from high-tech industries. And South Korea** pales in this regard. South Korea** is overly dependent on the markets of other countries and neglects its own countryTechnologyThe improvement of its strength can only rely on the support of other countries' companies, and this kind of behavior will eventually lead to South Korea reaping the consequences.

The reversal of the status of China and South Korea is not surprising, it is a difference between China and South Korea in the economic peaceTechnologyand other areas as a result of the competitive situation. South Korea should not blindly shift the blame to China, but should deeply reflect on its own problems and shortcomings. Contemporary Chinese enterprises are developing and growing at a rapid paceKorean companiesIf you don't speed up, you will only be left behind by the tide of the times.

South Korea's enterprises should seriously think about it, abandon the attitude of relying too much on other countries' markets and pinning their hopes on other countries' enterprises, and strengthen themselvesTechnologyThe improvement of strength and the cultivation of innovation ability. Only after in-depth reflection and reform,Korean companiesIn order to regain the competitive advantage and obtain better development prospects.

In the reversal of the status of China and South Korea, the Chinese market is rightSamsungetcKorean companiesThe importance is well documented. Due to excessive reliance on the U.S. market and favoritism towards the U.S. marketSamsungThe performance in the Chinese market is getting worse and worse, resulting inProfits**。China's highTechnologyBusinesses, especiallyHuawei, with the help ofTechnologyInnovation and market opportunities have bucked the trend, further demonstrating the importance of the Chinese market to businesses.

At the same time, China is in a number of areas, including:Shipbuildingkarma andTechnologyIn terms of innovation, there is fierce competition with South Korea. The rapid growth of Chinese companies has replaced South Korea's leadership, which has made South Korea feel threatened and pressured.

South Korea should deeply reflect on its own problems and strengthen itselfTechnologyThe improvement of strength and the cultivation of innovation ability. Only then,Korean companiesIn order to regain the competitive advantage, catch up and obtain better development prospects.

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