Legacy manufacturing companies struggle to survive market disruption and lose competitive relevance

Established electronics manufacturers like Konka that dominated their era face existential threats from rapid technological change, shifting consumer preferences, and new competitors. These companies lack the agility to pivot their business models, struggle with outdated production capabilities, and fail to innovate fast enough, resulting in delisting and market exit. Current solutions (incremental improvements, cost-cutting) don't address the fundamental need for business model transformation.