Chapter 438 Another Giant Goes Bankrupt

Chapter 438 Another Giant Goes Bankrupt

On the third day, with the launch of a series of dozens of new energy products such as Yinhe new energy excavators, bulldozers, and cranes, it once again attracted the attention of the world.

This product exhibition attracted countless media.

"This is an electric (new energy) excavator! It doesn't look much different from a traditional excavator."

"Nonsense, they just replaced the diesel engine with an electric motor, and replaced the fuel tank with a battery. What's the big difference? However, this kind of electric excavator is not so loud when used. The sound of the motor is small. ah."

"Is the horsepower enough for such an electric motor?"

"Hehe, do you think the 1,000-horsepower power system is enough? It's much more powerful than the power provided by a traditional diesel engine."

"That's right."

"So, after this kind of electric excavator is launched, the sales will definitely explode."

"That's for sure. You don't even think about how much electricity costs per kilowatt-hour, how much does a liter of diesel cost? Besides, diesel engines are easy to break down, but motor problems are much less. Besides, the battery life of this electric excavator It is also very long and can work continuously for 12 hours! Even if you are working in the field, once the battery is exhausted, there is no place to charge it, but you can replace the battery. Yes, this excavator can replace the battery, it is very simple. Buying an excavator with a secondary battery delivered. It's like a power bank."

"So, I don't have to worry about running out of electricity, and I don't have to worry about having no place to charge it. You can use it with a secondary battery, take the positive battery back and charge it, and replace it with each other. You don't need to worry about it at all."

"Of course!"

"So, these products are not yet on the market, and many people in the outside world are already looking forward to them."

"It has to be said that Galaxy Group has led us into a real era of new energy."

Global Economic News: As Galaxy Group continues to launch dozens of new energy products recently, the demand for oil will continue to decrease in the future. So is the oil industry really going to cool down?

A few days ago, Galaxy Group announced that it would enter the shipbuilding and aircraft industries. It is said to invest 20 billion in research and development of new energy shipbuilding industry. At the same time invest 30 billion in research and development of new energy aircraft manufacturing...

Is Yinhe Company planning to develop a comprehensive new energy industry in an all-round way?

Intel Corporation headquarters.

President Robert looked at the information in his hand, feeling very helpless.

As early as half a year ago, their company lost 90% of the global market share. Now, 95% has been lost, and there are 5 left, almost nothing. The reason why I can still sell some computer chips is because of the policy of buy one get three free, otherwise I can't sell them! Now who doesn't buy computer chips from Galaxy Group? These 3 market shares are all low-end chips.

"Could it be, is it really the only way to face bankruptcy?" Robert asked the sky speechlessly.

At that time, most of the computer companies in the world bought their computer chips, such as Lenovo, HP, Dell, Acer and more than a dozen large computer companies. They all purchase chips from their companies.

Later, as AMD, a rookie company, grew bigger and bigger, it took half of the global market share in the first four or five years, and it competed with Intel!

However, this AMD company will not be able to laugh for a long time. It will only take two short years to compete with Intel, and each will take half of the global computer chip market. But with the birth of Galaxy Technology Company.

It took away the Chinese market in the first year, invaded the global market in the second year, and won more than 92% of the global market share in the third year.

Now, Intel is desperate.

Intel has dominated the global market for decades in the field of computer chips. Did not expect it will have today.

"The capital chain has been broken for more than half a year, and now it is really unbearable, and five layoffs have been carried out... The new chip developed has failed... Could it be that we will go the old way of Qualcomm soon?" Robert asked himself.

"It is estimated that AMD is more uncomfortable than us now?" Robert thought to himself.

Now, Intel's shareholders have long given up resistance.

None of them are willing to take out the coffin book to save the company.

The background accumulated over the years is almost tossed by these 2 and 3 difficulties.

It is not easy to only go out but not to go in, and it can last for more than a year.

At this moment, Robert's computer suddenly popped up a recommendation message.

"At two o'clock this afternoon, AMD officially declared bankruptcy! It ended its 20-year struggle for semiconductor hegemony... The company was unable to make ends meet as early as a year ago. Many of its computer chip products could not be sold... It also went through 6 times Layoffs...various financings...but all failed...now owes $30 billion to banks, unable to repay, can only declare bankruptcy..."

"AMD has been established for more than 20 years. It has grown from a small company to a large computer chip company in the world. In the end, it even competed with the old overlord Intel. Helplessly, it was only two years before Galaxy Technology was born. Suffering a devastating blow... Now that AMD has fallen, I don't know how long the other Intel can last?"

"Fuck! AMD declared bankruptcy? Oh my God!"

"Hey, another big company went bankrupt. The semiconductor industry is not easy to mix."

"Semiconductors are now dominated by Yinhe Technology, whoever touches them will die."

"I thought AMD would take over, but I didn't expect no one to take over."

Anyway, when this news came out, it shocked the whole world. This is another giant falling after Qualcomm.

As for those who fell with small and medium-sized semiconductor companies, there is no doubt that no one cares.

"Bankrupt?" Seeing the news, Robert frowned deeply, and then he was relieved.

"AMD's background is still a bit worse than our Intel's. However, we have enough background, and we can't last long now. It's just a grasshopper after autumn, and we can jump a little longer." Robert said with a sad expression.

AMD has only been established for more than 20 years. Compared with Intel, it belongs to the back. Intel has dominated the world's computer chips for decades, and its background must be much stronger than AMD.

So it lasts longer.

However, now that AMD has gone, Intel on Robert's side has a feeling of death and death.

"Who knows, maybe we will go bankrupt next month. However, I still have to fight for it. I would rather be acquired than go bankrupt." Robert said with bloodshot eyes. There was a hint of madness on his face.

He didn't want Intel to be destroyed in his own hands.