Chapter 677 Mobile Phone Market_2

Last year, the total profit of the global mobile market was $120 billion USD, with Apple alone taking away $90 billion USD.

That's nearly ninety percent of the entire industry.

This is hard to imagine in any industry, only in the tech industry can such a monopoly occur.

Within five years, he definitely doesn't dare to imagine surpassing Apple, and even for the next ten years it's unlikely.

If he can achieve something similar to Samsung, that would already be an extraordinary success.

Just in October, as soon as he announced entering the mobile business, a series of moves far exceeded the expectations of the industry.

He directly invested $70 billion USD into this effort, making him a domestic example of deep pockets.

Chen Pingsheng has never believed in achieving big wins from small investments; his investment strategy has always been big wins from big investments.