Some people asked, is it too utilitarian and too anxious to engage in OLED before the LED is perfect?

No, there's no rush at all.

Continuing to engage in LED and OLED is not a matter of right or wrong.

For example, in many cases, even things that look exactly the same to consumers are actually very different.

Just like the LCD screen used by Wanhu on mobile phones now and the LCD screen used on game consoles at the beginning. It sounds the same, and consumers think it's a thing when they don't see it, but in fact, although the principle is the same, the display effect is very different.

However, although the 911 incident gave a very good advertisement to Wanhu's mobile phone, after nearly half a year of hot sales, now Wanhu's mobile phone has also fallen into a period of slowing sales.

It's not that the phone is bad, it's that there aren't many people who can afford it.

Don't think that Americans are rich, but in actual business, you will find that the United States is also poor.

However, after a long period of consumerist education, even the poor in the United States are very fond of consumption and consume in advance.

In the United States, which has a mature financial system, there are not only credit cards, but also payday loans.

The so-called payday loan is basically the prototype of the Internet micro-loan that is booming in China in another world.

Why?

Because it is also a short-term microfinance service.

The average loan amount is $100 to $500.

The vast majority of companies in the United States implement a biweekly salary system, that is, they are paid twice a month.

If the monthly salary is three thousand dollars, it is one thousand and a half at a time.

But even when it comes to bi-weekly pay, Americans are often stretched thin.

Payday loans, on the other hand, solve this urgent need, providing a temporary usable fund for the vast number of Americans when payday is about to arrive, but it has not yet arrived.

Interest rates don't seem to be very high, and they do seem to be convenient for a lot of people.

More and more stores are opening, and they even surpass fast food restaurants such as KFC, McDonald's, Burger King, and Subway.

However......

In fact, the lowest annualized interest rate is more than 400 percent, the average is between 500 percent and 800 percent, and even the highest can reach an annualized interest rate of 1,000 percent.

It is this huge profit that supports the continuous expansion of payday loan stores.

Marx once said that there are only two profitable businesses in the world, one is rent, and the other is interest.

This kind of loan method that does not require a mortgage certificate, only needs to hold your own identity certificate, and you can get a loan when you walk in, which is indeed convenient for many poor people.

Even, many poor people have started to use the money directly to start their daily consumption.

They take out loans from different payday lending companies.

There may be a total of 100 loans, and they will all take out loans.

They certainly can't pay back the high interest, and they themselves have no intention of repaying.

What's even more terrifying is that some of the smaller payday lenders, even if the borrower can afford to repay the interest, will use various methods to prevent the borrower from repaying.

Borrowing $300 can turn a salaryman earning $3,000 a month into personal bankruptcy, and all real estate and cars are not recycled.

That's how payday loan companies operate.

And the basis for the existence of payday loan companies is actually very simple, that is, ordinary people in the United States lack money.

And they won't buy non-essential consumer products unless they give them almost free.

Therefore, a very interesting thing will be found in the United States.

It's now the end of the life cycle of the N64's sixth-generation console, but the NES is the American version of the red and white machine, and it still has good sales in the United States.

Why is this so?

It is because now the red and white machine is finally cheap enough that the poor can afford it.

Even in the U.S. market, the life cycle of a home console is longer than that of a home console.

When Nintendo chose to enter the Chinese market, their judgment of the Chinese market was based on the market of pirated red and white compatible phones.

The players who think that the Chinese market are also such poor players.

However, in this era, China's genuine players are all core players among hardcore players without exception.

As a result, Nintendo's positioning is very awkward.

Their genuine machines are more expensive than pirated ones, and ordinary players won't buy them, and those genuine players don't look down on this backward machine.

As a result, the genuine business in China has fallen into a kind of stagnation.

The problem faced by 10,000 households is that their mobile phones are relatively expensive, although a large number of high-income people in the United States have chosen 10,000 households' mobile phones.

But want to get into the range of options of the people at the bottom.

There are only two options, one is to launch the installment service yourself.

The other is to reach a cooperation model with U.S. telecom operators, so that these cooperative operators can complete the installment of mobile phones in a contract mode.

In other words, the down payment is the phone bill, and the monthly payment is also the phone bill.

Whether it's a down-payment package or a monthly payment package, it's more than normal.

And this price that exceeds the normal level includes the price of the mobile phone, as well as the profit of such an operation.

If you organize your own installment business, the profit is actually more.

However, after thinking about it, Wanhu still decided to take the route of the operator's contract machine.

As for the reason, there is nothing else.

It's just that in the United States, it is too risky for those who are engaged in financial services for the people at the bottom.

You know, in another world, there are many cheap American phones. The source of these mobile phones is from the contract machines that those low-level people buy with their identities.

They only need to pay a down payment and sell their phones to international smugglers.

These smugglers then smuggle mobile phones out of the United States and around the world.

This is also the reason why the American version of mobile phones has many very cheap prices.

As for the poor who buy mobile phones in installments and can't pay them yet, what about them?

They have nothing to fear either.

It's just a blacklist.

Compared to the cash that can be obtained immediately, they don't care what blacklist, what personal credit history.

If other countries are still looking at the United States as a paradise and a paradise, as a paradise.

But for those at the bottom of the country, America is not good.

Even a country that can't even barely make ends meet.

Perhaps, ordinary people in the United States can only survive by the blood and sweat of people in the third world.

Then another question arises, who has made the profits?