Faced with Feike's low-price offensive, Philips finally lowered its head after persisting for several years and began to develop its razor business through authorized production, which is commonly known as OEM production.

At the beginning, Philips also required that the fuselage could be OEMed, but the blades must be original from the Netherlands, but later, too many were authorized to be sold, so it was no longer mandatory.

Nowadays, except for the medical equipment produced by Philips, almost all other products are OEM.

…

When Li Weidong learned that Braun wanted to buy a patent, he had already focused on the technology of double-head shavers.

Puppy Electric mainly makes small household appliances. Of course, you can’t miss products like razors. In the future, there will be more than 500 million adult men in China who will not need razors!

Braun's reaction was just as Li Weidong expected. They were willing to use the double-head shaver technology in exchange for the patent of the negative ion hair dryer.

For Braun, the double-head razor is an old technology from 20 to 30 years ago and has little value at all. If it can be used in exchange for the patent of an anion hair dryer, it is equivalent to using scrap products for nothing.

As for Li Weidong, he has obtained the production technology of double-head rotary shavers. As long as they are cheaper than Philips, he can seize the domestic shaver market. Puppy Electric will also have one more profit point.

It can be said that both sides get what they need.
Chapter completed!