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What are the Chinese technology companies that have been most injured in the war in Ukraine?

author:Ying Media

In addition to the Ukrainian people, many Chinese science and technology companies have also suffered the most damage. For example, Xiaomi confirmed that the Redmi Note 11 was held in Ukraine. For example, in the European market, domestic mobile phones occupy a certain share. After the outbreak of war, it may be difficult to carry out business.

What are the Chinese technology companies that have been most injured in the war in Ukraine?

At the beginning of the war in Ukraine, the global capital market experienced a sharp fluctuation. As of 19:00 on February 24, WTI U.S. crude oil prices soared 6.41%, and Brent crude rose 6.295%. The international gold price also rose 1.86% to $1943.10. Some people are happy and some people are sad, and the stock market is not so lucky. The three major U.S. futures continued to fall, with S&P 500 futures down more than 2 percent, NASDAQ futures down 2.64 percent and Dow futures down 2 percent. Eurozone futures indexes fell nearly 3 percent. The panic index surged 10%. In the Asia-Pacific market, the Japanese stock market fell 2.11%, the Hong Kong Hang Seng Index fell 3.11%, and the South Korean stock market fell 2.51%. Looking at the technology circle, it has not been spared.

What are the Chinese technology companies that have been most injured in the war in Ukraine?

01

Which domestic mobile phone companies have been affected?

Xiaomi's mobile phone was scheduled to be cancelled urgently at the local conference in Ukraine.

What are the Chinese technology companies that have been most injured in the war in Ukraine?

Originally planned xiaomi mobile phone will be in Ukraine on February 24, to hold a local conference of Redmi Note 11, but with the escalation of the war, it can only be forced to cancel, it is estimated that the next conference may be held in Russia. However, this is obviously suspected of speculation, Xiaomi officially announced in January 2022 that the international version of the Redmi Note 11 series will be released at 8 pm Beijing time on January 26. Posters have been released, and no press conference has been held, but after the outbreak of war in Russia and Ukraine, it was announced that it was forced to cancel, Xiaomi can be released at home or online like oppo, Nubia, realme, why not the following? It's suspicious.

What are the Chinese technology companies that have been most injured in the war in Ukraine?

Xiaomi entered the Ukrainian market in the third quarter of 2016 and has since gained popularity with its cost-effective route.

Canalys data shows that in the fourth quarter of 2018, Xiaomi's mobile phone market share in Ukraine reached 26.7%, winning the Ukrainian smartphone sales championship, and since then, sales have also been in the forefront. However, in this Russian-Ukrainian war, Xiaomi's sales in Ukraine will be greatly affected.

As the builder of the 4G network of the Kiev Metro in the capital of Ukraine, Huawei's business in Ulanq will also be affected.

In October 2018, independent bidding by the three major operators began, and Huawei's Ukrainian branch won the network construction project of other countries, when the Kiev Metro in Ukraine only covered 2G networks and could not meet the growing communication needs of passengers. Therefore, the Russo-Ukrainian war will have an impact on Huawei's business in the country.

What are the Chinese technology companies that have been most injured in the war in Ukraine?

Honor was once the most popular mobile phone brand in Russia.

According to the "Communicator", Russia's largest mobile phone retailer, the most popular mobile phone brands in Russia between June and August 2020 were Samsung, Honor and Xiaomi. The company's information pointed out that "the most popular brand is Samsung, accounting for 31.1% of the market sales, and Honor (20.6%) and Xiaomi (16.9%) are also among the top three most popular brands." ”

What are the Chinese technology companies that have been most injured in the war in Ukraine?

Nowadays, the war is raging, presumably the people who are affected by the war between the two countries have long been concerned about scientific and technological products, and are more concerned about safety, health and survival issues.

The war will further exacerbate the global semiconductor tension, and the global mobile phone "core panic" will be staged again.

Since 2018, the global smartphone market has declined, while the Chinese smartphone market has declined even more, and in order to maintain the growth of their own smartphone shipments, major domestic smartphone brand manufacturers are also making efforts in the European market while increasing the competition for the Indian market.

On February 11, 2019, market research agency Canalys released a set of data that four of the top five mobile phone brands in Ukraine are Already Chinese mobile phones, in addition to Xiaomi, Huawei 16.2%, Meizu 10.6%, honor 7.9%.

What are the Chinese technology companies that have been most injured in the war in Ukraine?

It can be seen that the share of domestic mobile phone brands in the Ukrainian market is very important. However, the intensification of the conflict between Russia and Ukraine and the fire at the gates of Ukraine have affected the "pond fish" of the global semiconductor industry chain. After in-depth understanding, it was found that Ukraine is the world's largest producer of neon gas, and neon gas is one of the raw materials for semiconductor equipment, and if the conflict between Russia and Ukraine causes the interruption of neon gas supply, it is bound to exacerbate the global chip panic wave.

02

Ukraine is still in the 4G era

While the mainland is busy making a gorgeous turn from 4G to 5G, the Ukrainian government is also striving to achieve 4G network coverage throughout the country by 2022. On October 29, 2021, according to the Information Service of the Ukrainian Government, Mikhail Fedorov, Deputy Prime Minister and Minister of Digital Transformation of Ukraine, believes that one of the main tasks of the ministry is to implement 4G in 90% of the Ukrainian territory by 2022, "One of the main tasks of our ministry is to provide high-quality high-speed Internet for 90% of the settlements in Ukraine (including the most remote villages) by 2022." ”

What are the Chinese technology companies that have been most injured in the war in Ukraine?

Before Huawei won the bid for the Kiev Metro 4G network construction project of the three major Ukrainian operators (Kyivstar, Vodafone Ukraine and lifecell), the Kiev Metro coverage network in the capital of Ukraine was only 2G, which simply could not meet today's network needs, so 4G was very important for Ukraine.

What are the Chinese technology companies that have been most injured in the war in Ukraine?

03

Events in Ukraine

It also has a great impact on PC brand manufacturers

Russia's GDP in 2021 will be about 10% of China's GDP, while Ukraine's GDP will be about 1% of that of the mainland, roughly the same size as Jiangsu's economy. The war between Russia and Ukraine has also had a great impact on PC brand manufacturers.

It can be seen from the data that whether it is Russia or Ukraine, domestic computer brands have occupied an important position in the international market. In 2021, Lenovo computer shipments in Ukraine reached 270,000 units, and in Russia it was as high as 1,200,000 units, and the escalation of the war will affect these domestic PC brands and other Chinese-funded enterprises.

What are the Chinese technology companies that have been most injured in the war in Ukraine?
What are the Chinese technology companies that have been most injured in the war in Ukraine?

The Chinese Embassy in Ukraine reminds:

Chinese citizens in Ukraine pay attention to safety

The body can be affixed with the Chinese flag

On 24 February, the situation in Ukraine deteriorated dramatically, with bombings in some cities and military operations already underway. The Chinese Embassy in Ukraine issued a reminder to Chinese citizens and Chinese-funded enterprises in Ukraine:

What are the Chinese technology companies that have been most injured in the war in Ukraine?

War is always a lament for ordinary people, may there never be war in the world, may everyone in the world enjoy peace.

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