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3. The low-end customers of cobalt oxide lithium-ion batteries are mainly Mp3, Mp4, GpS, digital photo frame manufacturers, domestic second and third tier mobile phone manufacturers, and counterfeit mobile phones. These manufacturers are mainly concentrated in the Pearl River Delta, with a significant demand for steel shell batteries, as well as some aluminum shell and liquid soft pack batteries. Most second and third tier mobile phone manufacturers and counterfeit mobile phone manufacturers engage in domestic trade, and price is the most important competitive factor for their products; Other manufacturers such as Mp3 mainly focus on foreign trade business, and due to being at the lower end of their industrial chain, price is often a factor they value very much. This customer group, whose price is an important indicator, is the target customers of two to three hundred small and medium-sized lithium-ion battery cell factories or pACK factories scattered in the Pearl River Delta. These low-end customers often prioritize price over quality, and many companies have poor commercial reputation, which leads to low profits, high risks, and fierce competition for battery suppliers in the low-end market.
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