To start the day off we visited Lision battery factory which is located in the very large city of Tianjin. When we first walked in we saw a LED sign saying "Welcome UMD guests visiting Lishen". I thought this place was very cool. We got to view the assembly line process from beginning to end. This company makes batteries from just about anything. They make batteries for electric drills, hybrid cars, computers, cell phones, and all of Apples mobile devices. This company is growing at a incredible rate and they have plans to expand looking into the future. It was awesome that the executive VP sales and marketing (Kevin Wang) was the person who gave us a tour of the facility. Once we were done looking at how the batteries were made we sat down in a very nice board room for questions and answers. I asked Mr. Wang if he knew when the iPhone is coming out. He laughed and smiled and said shh that is top secret and then he said probably October. After the tour of Lishen as a group we visited a very nice mall. The prices in this mall were honestly the same prices as a mall in America. I did end up buying 100 yuan worth of genuine Chinese tea.
Once we were done with Lishen and Mall shopping we ended up going to class for the remainder of the day. We learned about services in China. Professor Derek Yang talked about famous service companies in China. He talked about McDonalds, KFC, Starbucks, Walmart, Carrefour, Home Depot, Best Buy, and Ikea. One of the cases we focused on was the Carrefour scandal. Carrefour had misleading price tags and fake discounts. People in China would go buy and item at the "sale" price but once the clerk has scanned the item the price was different from the tag. Carrefour was fined 500,000 yuan and was publicized to people as a company that was cheating their customers.
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