As a result, there is no market for Shanzhai machines, and a large number of OEM manufacturers with miscellaneous Shanzhai machines as their main customers are running away. In January 2015, Gao Min, chairman of Dongguan Zhaoxin Communication Industry Co., Ltd., committed suicide. In his last letter, he lamented that the situation of the foundry was getting worse and worse, and the whole Huaqiangbei component market was in a panic and winter all night.
It never rains but pours. The devastated Huaqiangbei was destroyed again. Since March 2013, due to the construction needs of Shenzhen Metro Line 7, the main road of Huaqiang North Road has been closed and reconstructed, which has been repaired for four years, and countless people's dream of making wealth has been broken.
Things are changeable. When the street is reopened in 2017, Huaqiangbei, who wants to do a big job, is facing a strange world: the once assembled PC and Shanzhai mobile phone market are scattered by brand manufacturers; Industrialists invest and build factories abroad, setting off a great discussion on the cost dilemma of manufacturing industry; Shenzhen's house prices also suddenly caught up with Beijing after the GDP growth rate "broke 7".
In the past, the mighty Huaqiangbei has become a faded label in the last business era, and the saying that "Huaqiangbei is dead" is rife.Unwilling to give up, Huaqiangbei once made a short comeback by selling mining machines in 2017, but it was more than a year before and after. After the global virtual currency reached the high point, it fell at an exponential rate, the price of mining machines bundled with it fell, and tens of thousands of merchants became "leeks".Like a dream, Huaqiangbei fell into the dust again.
The future is uncertain in the painful transformation
When Shenzhen became more and more prominent from the beginning to the end, Huaqiangbei's "Shanzhai" label became more and more inappropriate.
"If we don't transform and upgrade and innovate brands, we will always follow others and can't compete with the world". The government is determined to break its wrists and turn this "cottage kingdom" into a "maker's paradise".
In 2015, Huaqiang North International maker center and incubators such as Tencent entrepreneurship base, Futian investment, Qianhai International Capital Management College and Shenzhen Bay jointly formed Shenzhen maker alliance. Huaqiang and Tencent announced to invest 10 billion resources respectively to create 100 new start-ups with a market value of more than 100 billion in the next three years.