Underrated OEM: Apple is the world’s most valuable company, backed by a Chinese company
Apple is the world’s most valuable company, backed by a Chinese company.Apple’s total market capitalization reached $2.94 trillion at the end of 2021, making it the most valuable technology company in the world.What’s 18 trillion yuan?To put it simply, Apple is worth more than the entire British economy, so it’s fair to say it’s as rich as any other country in the world.Apple’s market value has grown thanks to CEO Cook, who is known for his aggressive supply chain integration.After The death of “Steve Jobs”, Cook officially took charge of Apple. He cut the number of major suppliers from 100 to 24, and closed 10 out of 19 warehouses.These thunderbolts turned Apple into a profit.But Cook has locked a Chinese company into Apple’s gold supply chain.Why is the Chinese company so loved?The company has been on a buying spree since Apple started showing signs of cutting its foundry operations.Acquire Jiangxi Boshuo, master connector and cable manufacturing technology;Acquisition of Kunshan liantao, Shenzhen Keertong, so as to have high frequency signal connection line, precision connector, a new generation of antenna technology.To us outsiders, the company’s formula seems to be technology acquisitions, as if the acquisition was done and the Apple order came.But Apple is known to be somewhat paranoid about details, and simple technology mergers won’t get it to nod easily.Therefore, what this company is actually better at is to integrate the industrial chain through strong technology acquisition, improve the core research and development capabilities, and make an insignificant object to the extreme, and eventually turn it into a super single product.For example, charging line, seemingly insignificant, but this enterprise is the world’s first USB Type-C connector product certification manufacturing enterprise, is the world’s only major supplier.According to the 2018 financial report, the company spent 2.515 billion yuan on R&D and obtained 238 authorized patents that year.Even For Apple, it is hard to believe that this is the input and configuration of a foundry.Now that the company has successfully penetrated Apple’s supply chain, it has gradually established its core strengths.Its customers include not only Apple, but also Huawei, OPPO, Vivo and Xiaomi, among the top six mobile phones in the world.Last September, the Ministry of Industry and Information Technology released the third batch of specialized new “little Giant” enterprises, and its rise is the epitome of The struggle of China’s manufacturing enterprises, but also a model.We need to make great efforts in some important industrial chains. At the same time, we also need to master some key technologies in our own hands. This is where we need to make targeted efforts.For this kind of specialized special new enterprise, the state is also sparing no effort to support.