Another domestic black horse fell, once on an equal footing with Huawei and ZTE, and now it sells the research building to protect itself.

In recent years, with the continuous development of science and technology, people's desire for the network is getting stronger and stronger, and the communication industry is becoming more and more prosperous under the impetus of the industry. From the initial 2G and 3G to the present 4G and the coming 5G, it can be said that the convenience of communication has brought us great benefits. In retrospect, I used to watch a video and listen to music, but I still had to wait for the circle on the screen of my mobile phone. But now I can play any video at will.

It can be said that the communication industry in China has developed rapidly, but in this case, there used to be another communication company that could rival Huawei's position, but now it has become an enterprise that sells scientific research buildings for self-protection. This enterprise is Datang Telecom. Datang Telecom's business capability in that year surpassed Huawei's. Although Datang Telecom has not closed down, it is on the verge of closing down. Why did Datang Telecom fall to this point?

Chip bottleneck

"In the final analysis, Datang Telecom is still a communications R&D enterprise. Although a lot of business has been done in recent years, it is not very prominent. The chips of Datang Telecom are mainly low-end and middle-end. In order to reverse this situation, on May 26th, 2007, Datang Telecom announced that its subsidiaries, Lian Xin Technology Co., Ltd. and Qualcomm (China) Holdings Co., Ltd., would jointly contribute more than 2.98 billion yuan. But up to now, the joint venture company has not been approved by the relevant departments.

Legal dispute

The goodwill generated by Datang Telecom's previous mergers and acquisitions in the game industry has been greatly impaired due to the sharp decline in recent performance; Some customers are increasingly short of funds, and some contracts are stagnant or have legal disputes. Based on the principle of prudence, Datang Telecom intends to make a large provision for bad debts for the accounts receivable involved; Some inventories and intangible assets are also under certain impairment pressure due to the impact of technological upgrading.

Conversion failed.

Datang Telecom, as the first scientific research institute in China, once enjoyed unlimited scenery and was called "Greater China" together with Julong Communication, ZTE and Huawei Technologies. Among them, ZTE and Huawei have achieved good results in their transition to the consumer electronics market. However, Datang Telecom's transformation of the consumer market ended in failure.

Want to take advantage of the rise of 5G

The decline of Datang Telecom originated from the Internet. In the 3G era, Datang Telecom invested heavily. I did a good job. Unexpectedly, he was hit hard by the arrival of the 4G era. Because Datang Telecom invested too much in the 3G era, it suffered huge losses in the 4G era. Now Datang Telecom is also in a desperate situation. Only the property of Beijing Research Center can be sold and traded at a price of 65.438+35 billion yuan to ensure the rise of the 5G era.

Datang Telecom's 20 18 joint venture with Qualcomm was strongly criticized by the industry. Now it can be said that Datang Telecom has collapsed and merged with other telecom giants. Will Datang Communication Rush out of the Jianghu? Then let's wait quietly!