Research on Export Evaluation System of Guangdong Lixun Precision Industry

Authors

  • Mingyu Tang Nanjing Vocational and Technical University of Industry

DOI:

https://doi.org/10.5281/zenodo.11239392

ARK:

https://n2t.net/ark:/40704/JETBM.v1n3a02

PURL:

https://purl.archive.org/suas/JETBM.v1n3a02

References:

16

Keywords:

Guangdong Lixun Precision Industry, Export, Status, Strategy

Abstract

Consumer electronics industry is not only the core field for China to move from a manufacturing power to a manufacturing power, but also has become a new growth driving force of China's foreign trade and export industry. In recent years, China's consumer electronics exports have shown a strong growth momentum, with an average annual growth rate of 7%. However, with the increasing competition in the consumer electronics industry and the continuous rise of commodity prices, China's consumer electronics foreign trade companies have also encountered unprecedented challenges in the overseas markets.
In this study, Guangdong Lixun Precision Industry Co., Ltd. was selected as a case to make a comprehensive analysis of its export business. Through in-depth discussion of the company's export scale, market distribution, product structure and challenges, this paper reveals the problems in customer group diversification, production automation, product market risk and production delivery capacity. To solve these problems, this study proposes a series of practical countermeasures to enhance the market competitiveness and the sustainability of the export business. Suggestions include using sales channels such as e-commerce platforms to expand overseas markets, increasing investment in research and development to promote product innovation, optimize business structure to improve the ability to resist risks, improve automation level to enhance export delivery capacity, etc. By implementing these strategies, Lixun Precision is expected to further consolidate its leading position in the global consumer electronics industry and provide valuable lessons for other companies in the industry.

Author Biography

Mingyu Tang, Nanjing Vocational and Technical University of Industry

Nanjing Vocational and Technical University of Industry, Nanjing, China.

References

Ma Zihui. Research on the internationalization of Consumer Electronics Brands in China --Take cross-border e-commerce company Anker as an example. Beijing: Beijing Foreign Studies University, 2023:8-9

Liu Ge. From Made in China to Made in China: consumer electronics for ten years. Economics and Management Science, 2023 (9): 1-2

Zhou Qinxin. Research on the transformation and Upgrading strategy of Lixun Precision Value Chain of "Fruit Chain" enterprise. Straits Technology and Industry, 2023,36 (10): 72-76.

Chen Jialan. Lixun Precision performance reverse increased apple dependence disease is still to be broken. China Business News, 2023-05-08 (C02). DOI:10.38300/n.cnki.nzgjy.2023.001035.

Zhu Chuhao. Research on the motivation and performance of the acquisition of Apple OEM by Lixin Precision Continuous Technology. Guangxi University of Finance and Economics, 2023. DOI:10.27956/d.cnki.ggxcj.2023.000028.

Forest tendril. Lixun Precision: the "OEM" dilemma does not change the market medium-and long-term recognition. Dynamic analysis of the stock market, 2021, (14): 50-51.

Atkinson, D.P. (2019). Global Supply Chain Management in the Consumer Electronics Industry.International Journal of Logistics Management, 30(2), 184-204.

Kim, R.S. (2020). The Role of Technological Innovation in Enhancing Export Competitiveness: A Study on Consumer Electronics.Journal of International Business Studies, 51(1), 73-92.

Harris, J.M. (2021). International Trade Policy and the Consumer Electronics Export Landscape.World Economy, 44(3), 681-703.

Xu Lingjing. Analysis of the export status of medical devices in China and their main domestic influencing factors. University of International Business and Economics, 2022. DOI:10.27015/d.cnki.gdwju.2022.001114.

Sun Dadong, Zhao Yu. Construction of academic system of Archiscience with Chinese characteristics from the perspective of late-mover advantage theory. Shanxi Archives, 2023, (03): 21-28.

Deng Yadong. Theoretical research on the nature of unicorn enterprises and their explosive growth drivers. Xihua University, 2020. DOI:10.27411/d.cnki.gscgc.2020.000578.

Chen Shuming, Zhang Qifeng. Risk identification and response of overseas business audit in the post-epidemic era —— Take Lixun Precision as an example. Chinese Certified Public Accountants, 2023, (07): 110-115. DOI:10.16292/j.cnki.issn1009-6345.2023.07.023.

Liu Baoqi, Zhang Chenglu, Xue Fei. Research on patent Innovation Agglomeration of China Quantum Technology Industry based on HHI Index. Chinese Invention and patent, 2024,21 (03): 4-12.

Wang Na, Zhang Rui. An Analysis of the Influence of the Development of Cross-border E-commerce on Improving the Quality and Efficiency of China's Export Trade. Business Economics Research, 2023, (02): 132-135.

Onjewu AdahKole Emmanuel; Hussain Sundas; Haddoud Mohamed Yacine. The Interplay of E-commerce, Resilience and Exports in the Context of COVID-19. Information systems frontiers : a journal of research and innovation.Volume 24 , Issue 4 .2022. PP 11-13.

Downloads

Published

2024-06-15

How to Cite

Tang, M. (2024). Research on Export Evaluation System of Guangdong Lixun Precision Industry. Journal of Economic Theory and Business Management, 1(3), 10–18. https://doi.org/10.5281/zenodo.11239392

Issue

Section

Articles

ARK

PURL