This week’s focus on the company: Alibaba, Apple, Huawei, Baidu, China Telecom, China Unicom
“Featured Headlines” is a weekly column to help you sort out the company and business news that deserves attention that week. The “Featured Headlines” consists of a number of short news items, all from the subscription column “Daily Business Collection.”
The following is a noteworthy company and business news this week (September 9th – September 12th):
Zhang Yong takes over, Ma Yun is the chairman of the board of directors of Ali, and the successor of idol-level figures is not good.
On September 10, Ma Yun officially stepped down as Chairman of Alibaba’s Board of Directors and will continue to serve as a member of Ali’s board of directors until the 2020 Annual General Meeting of Shareholders. Ali Life Partner is another unchanging identity of Ma Yun. As of the first quarter of this year, Ma Yun holds 6.2% of Ali’s stock and is the third largest shareholder of the group, and has an important say in Ali’s decision. The chairman of the Board of Directors of Ma Yun is the current CEO of Alibaba, Zhang Yong. Zhang Yong is the first person after the appointment of Ma Yun, Alibaba Group as the CEO and chairman of the board of directors.
Zhang Yong’s excellent insight and execution of the new business gave Ma Yun the confidence to withdraw from the company he founded. However, the successor of idol-level business figures is not good, Zhang Yong needs to find new revenue growth points for Ali’s “elephant”. In addition, Ali’s long-term development naturally cannot rely on Zhang Yong alone. Ali’s self-confidence is that the group has developed a mature partner system and talent culture system, which can guarantee the company’s rational decision-making and cultural heritage.
Extended reading:
Ma Yun’s tearful speech was delivered: I didn’t retire, I will continue to toss in a river and lake
Where is the e-commerce in the post-Ma Yun era?
Why is there no 5G, and Apple will be very dangerous in China?
This week, the annual Apple Autumn Conference is over. The iPhone11 series that came out in the finale has not been as “innovative” as the theme of the conference, and the explicit innovations such as three photos and color matching, Android camp I have been involved for a long time; such hidden innovations as the A13 chip are hard to be perceived by the public immediately. From the performance of the iPhone in the past year, due to the lack of product innovation, the initial high price and market misjudgment, resulting in Apple’s high-end mobile phone market in China failed to resist competitors, the market share in May this year was overtaken by Huawei.
In addition, this year’s conference, Cook did not mention 5G, no 5G iPhone, Apple will be more difficult in the Chinese market. Although the demand for 5G mobile phones has not yet broken out, on the one hand, 5G is synonymous with the technical strength of mobile phone manufacturers to some extent;On the other hand, the 5G change may come faster than expected, and many industry sources have told that this time node will be in the first half of next year. Since the iPhone is basically released only in the fall conference, Apple may miss the first wave of 5G mobile phones.
Extended reading: Intelligence Analysis | Is the iPhone still dragging Apple’s hind legs?
Huawei released the 5G integrated chip Kirin 990 and made its debut in the domestic bond market
Hua is very busy this week, with actions in both business and capital. The new generation flagship chip Kirin 990 officially unveiled, and the 5G version of the chip will be carried on the Huawei Mate 30 series mobile phone released next week. Regarding the impact of this chip on Huawei’s mobile phone business, Li Huaibin, senior analyst of IHS Markit semiconductor industry, told the daily business selection. The main problem of 5G mobile phone promotion is that the cost is too high, especially the cost of the chip. This chip will give Huawei 5G mobile phone a great cost advantage.
This week, Huawei, which is not bad at money, is publicly financing for the first time in the domestic bond market. The two medium-term notes will raise a total of 6 billion yuan. Regarding the reason for the issuance of bonds, Huawei officially stated that the funds will be used to supplement the working capital of the company headquarters and its subsidiaries. In addition, China’s domestic bond market has developed rapidly and currently has the second largest market capacity in the world. Huawei claims that the company will open its domestic bond market through domestic bond issuance, which will further enrich its financing channels. Considering that the global communications industry is heavily investing in 5G, and the competition among mobile phone manufacturers around the stock market is becoming increasingly fierce, Huawei reserves more funds in the face of environmental headwinds, which helps to resist risks.
Extended reading:
5G Chip “Three Kingdoms Kill”: Samsung Huawei poses a threat to Qualcomm
The cost of laying a 5G network is too high, and Unicom and Telecom decided to work together
On the evening of September 9, China Unicom officially announced a cooperation agreement with China Telecom. The two companies will jointly build 5G networks in 29 provinces and municipalities across the country. According to the agreement, the two parties jointly built and shared the access network and shared 5G frequency resources. The core network is still built by each other, and the brand and business operations remain independent.
China Unicom and China Telecom jointly build a 5G network is a matter of course. On the one hand, in recent years, the income of operators from 4G’s main business has been decreasing. Faced with such large-scale and long-term investment as 5G, joint construction can save a lot of money and shorten the construction period. On the other hand, the spectrum resources of China Unicom and telecommunicationsThe source frequency band is the same, and there is a natural higher compatibility in technology. In addition, the number of base stations of China Unicom and China Telecom is insufficient, and the distribution between the north and the south is uneven, and the total number of mobile base stations exceeds the sum of China Unicom and telecommunications. Therefore, China Unicom and Telecom will build a 5G network, which will balance their 5G network strength with mobile.
Extended reading: China Unicom announced the joint construction and the 5G market started the card position
Baidu 1.443 billion invested in Neusoft Holdings, “Cloud + AI” strategy is urgently needed
On September 10, Baidu announced a strategic investment in Neusoft Holdings with an investment amount of 1.443 billion yuan. Neusoft Holdings is at the leading level in the fields of smart city, health and medical big data, and cloud hospital. Baidu has recently significantly increased its investment in smart cloud and regarded it as an important strategy for the company’s future. At the end of last year, Baidu upgraded the Intelligent Cloud Business Unit to a smart cloud business group and was responsible for AI enterprise-level business and cloud business. In his recent internal letter, Li Yanhong also announced that he will further upgrade the “cloud + AI” strategy.
Baidu is facing fierce competition in the cloud market. IDC’s report shows that in the first quarter of 2019, Ali’s share of the public cloud accounted for 43% of Ali, Tencent accounted for 12.3%, and China Telecom and AWS accounted for 7.3% and 7.2 respectively. %, Baidu and Huawei tied for fifth, each accounting for 5.2%. The joint efforts of Neusoft Holdings also showed that Baidu chose a more open strategy when implementing the “Cloud+AI” strategy, and joined hands with leading enterprises in the industry to form an “Industry Intelligence Alliance”. In turn, for Baidu’s partners, Baidu’s technology can also be used to realize the intelligent upgrade of its business.
Extended reading: This Baidu Cloud Summit will talk about it again?
New energy vehicles continued to decline in August, and the market will go after the subsidies have subsided
On September 11, the China Association of Automobile Manufacturers released the latest production and sales data for new energy vehicles. After the decline in July, new energy vehicles have not resumed growth in August, with output down 12.1% year-on-year to 87,000 units, and sales volume fell 15.8% year-on-year to 85,000 units. New energy vehicles have seen “two consecutive losses”, and subsidies are still the most important cause of the decline. Since most of the new energy vehicles are mainly in the middle and low grades, consumers are more sensitive to price, so the price fluctuation caused by the subsidy subsidies has a greater impact. In addition, in June this year, the car companies rushed to the strong promotion before the end of the transition period, but also to some extent overdraft sales of new energy vehicles.
The new policy may bring some variables to the new energy vehicle market. On September 11, the Ministry of Industry and Information Technology decided to amend the “Parallel Management Measures for the Average Fuel Consumption of Passenger Vehicle Enterprises and New Energy Vehicle Points”And publicly solicit opinions. For car companies, subsidies to drive sales are not a long-term solution. After no subsidies, how to improve competitiveness through product optimization and cost reduction is the problem that car companies need to consider and solve now.
Extended reading: The second half of the year is bleak, and the new energy car market is waiting for “Golden September and Silver 10”
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