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Monday, March 11, 2019 10:45:41 AM
Global cell phone demand is more than 100 million monthly. Granted 70% is low end right now. It is still 30 millions monthly.
Keep in mind today’s high end will become tomorrow’s low end.
200 machines (minimum buy) hardly make a dent to satisfy current demand never mind future demand.
Even 200 machines require $100 million capital investment of equipment and 100,000 dedicated manufacturing floor space. It is not for a faint of heart.
Yes, it is Foxconn land (not Eon land). Lugee has stated this over and over again.
Lugee plan to make money off equipment sales (and service revenue) via JV with LK.
This is all spell out in the Maze.
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