1991 Starting from the core

Chen Jing coughed lightly.

"Mr. Jiang is right. According to the attitude and direction of various friends in the market, this year will indeed usher in a wave of mobile and digital product explosion. However, there are still additional reasons for the increase in domestic orders. I will add Just take a moment."

After hearing that Jiang Qingchuan attributed the surge in orders in recent months and the rampant construction of new production lines in China entirely to the explosion of the global communications market, Chen Jing felt that it was necessary to explain.

Jiang Qingchuan nodded and smiled at Chen Jing: "Mr. Chen, please."

Chen Jing glanced at Su Yuanshan, then looked around, and finally her eyes fell on the notebook in front of her.

"Since mid-1996, we have smelled unusual financial behaviors occurring in certain countries in Southeast Asia. To this end, in order to preserve the investment results in Southeast Asia in the past few years, we have joined forces with financial experts from Xinghai Fund to conduct research on the region. Abnormal financial behavior is analyzed in depth.”

Chen Jing smiled as she said this: "By the way, I helped some countries conduct a comprehensive physical examination of their financial and monetary systems."

Everyone was amused by her metaphor.

Except for a few people who are purely technical, everyone here knows more or less about finance. A long time ago, Mr. Shan once used Soros’ attack on the pound as an example to illustrate the existence of financial policies in some countries in Southeast Asia. Huge risk.

Well, these countries are, to put it bluntly, those little tigers that jump very hard and are regarded as models of market economic development.

At that time, Mr. Shan once jokingly said that these leeks were not ripe enough, otherwise someone would have cut them long ago.

"Then we discovered that these economic behaviors were obviously premeditated. For example, during the range currency trading in July, someone obtained funds by borrowing Japanese yen with lower interest rates, and then deposited them in Thai baht to obtain an overnight interest rate of 17% , conduct arbitrage foreign exchange transactions (Carry Trade).”

"With our comprehensive analysis of the overall financial systems of these countries, we finally believe that the possibility of a financial crisis similar to the pound sterling in 1992 and the Mexican peso in 1995 is extremely likely and the risk is extremely high."

“Therefore, this is why we have shifted our focus on convergence and expansion of business in Southeast Asia in advance.”

"Yuanxin is not the only smart company in the world. Moreover, a fact that people don't know how to describe is that we have become the research object of many companies. To put it in the words of a designer, we are just feeling our way through the stones. The river, but a group of colleagues behind us are trying to help us cross the river..." (Note: In 1996 or even earlier, some scholars in Ni country began to pay attention to and worry about the currency crisis in Asia, so Yuanxin is not considered a cheat. )

Chen Jing's words once again caused a burst of laughter, and in the laughter, everyone still had a hint of pride.

"So, this time domestic processing companies suddenly exploded and orders increased, and some of them were due to the early transfer of orders and companies."

"With the establishment of the Ministry of Information Industry, as well as the performance and expectations of the domestic market, foreign counterparts will also pay more and more attention to the domestic market, and in order to reduce costs, they will also increase the speed of building production bases in the mainland."

Chen Jing looked at Jiang Qingchuan as she spoke, and her tone became a little serious: "So, Mr. Jiang, this is a crucial year for you Hongyuan. You must not only expand actively, but also deal with all aspects." challenges. Once you gain a firm foothold, then...as long as a financial crisis occurs in the Asian region, it will definitely cause a major shift in manufacturing. From the current Southeast Asia, it will completely shift to our side."

"At that time...you don't need me to say it, right?"

Jiang Qingchuan pursed his lips and nodded heavily.

At this time, Tian Yaoming hesitated and said: "Mr. Chen, I'm not trying to make excuses - if a financial crisis really occurs in Asia, why can we be alone? Will we win the transfer of manufacturing?"

"Because we have financial sovereignty." Su Yuanshan answered for Chen Jing concisely: "And the financial crisis is not an economic crisis. Brother, don't confuse the two concepts."

"Uh... Okay, you guys have the final say." Tian Yaoming simply shrugged and treated it as a show.

…

The meeting continues.

The reason why Hong Yuan is singled out is because this year is extremely critical for Hong Yuan's future. In Su Yuanshan's words, "it depends on the present day to become a dragon or a worm."

Moreover, Jiang Qingchuan is not just here to attend a meeting. Next, the leaders of Yuanxin Enterprise will discuss countermeasures with him and formulate an expansion plan. In Su Yuanshan’s words, Hongyuan’s expansion this year has no goal. If If we have to say yes, we must ensure that there is a spare production line at all times.

To this end, Hongyuan can use various means of financing and mergers and acquisitions to go all out to expand production capacity.

(Note, the real history is that according to the National Bureau of Statistics: Domestic mobile phone production in 1996 was just over 4 million units. In 1997, this number expanded more than ten times to more than 50 million units, not to mention other manufacturing industries. As you can imagine You know, the Asian financial crisis, how full the country is - So Soros is really a good person! Don't criticize him.)

“Let’s talk about several measures taken by the Ministry of Information Industry, especially the significance of the establishment of China Unicom and its impact on us.”

Chen Jing took a sip of water and continued: "According to known policies, China Unicom will become the only company that integrates wired network, telephone, and wireless communication services. At the same time, according to rumors, the relevant departments are preparing to let China Unicom take over and operate The current paging business in the market is relatively confusing, and we use this as the basis of our business.”

"And we also learned that the country will spin off the base station business in the near future and establish a tower group to focus on base station construction - Minister Li, you have received the news, right?"

Li Yinan has been responsible for the research and development of communication technology and equipment for a long time, and has also been deeply involved in the front line of base station construction. However, in the past year, he has really felt that running is too tiring, and it is far less comfortable to stay in the science and technology park and immerse himself in technology, so he did not Down to the grassroots level.

"Yes, Mr. Chen." Li Yinan nodded: "These big moves made by the country are basically paving the way for China Unicom."

"Yes, everything is to pave the way for China Unicom." Chen Jing nodded heavily: "And, according to rumors... the state will adopt enterprise management methods for China Unicom, China Telecom, and China Mobile, allowing them to operate under certain conditions. Market competition. As for the results of the competition, I don’t need to explain it, everyone should understand it, right?”

Everyone laughed again.

In the past, the mobile phone market was dominated by China Mobile, while China Telecom had a complete monopoly on Internet access and wireline phones. No one had a choice in terms of tariffs or network access fees. But now that China Unicom is a competitor... it is obvious that the country hopes that China Unicom can be the "catfish" - the catfish effect, stirring up the market and enhancing corporate vitality.

"Mr. Chen, where did you get so much gossip?"

"Yes." Chen Jing replied casually and looked at the crowd again.

"Everyone, then it is up to you to come up with plans and measures to ensure that we complete the most beautiful expansion in the favorable market in the next year!"

"Who comes first?"

After everyone touched the notebook and looked at each other, Qin Weimin touched Tian Yaoming, and Tian Yaoming touched him again.

In the end, Qin Weimin couldn't resist Lao Tian and moved his stool.

The YX architecture is the cornerstone of Yuanxin's entry into the entire mobile and digital era, and it should be the first to do so.

…

"Let me first give a brief summary and report on the business of YX Architecture Department in the past few years."

Qin Weimin coughed lightly, looked down at his notes, and said with a smile: "First of all, from the perspective of authorization. As of now, our YX Architecture has completed IP authorization for more than 30 chip design companies and units. These companies and The units are involved in various fields and industries. For example, the supercomputing center of Electronic Technology has been developing in supercomputing since they obtained the structure."

"Another example is China Microelectronics in the Special Administrative Region. They have made the FarCore architecture active in all major domestic gateways and routers."

No one noticed that when the introduction came here, Su Yuanshan suddenly showed a look of relief.

"An example is MediaTek, which was separated from UMC. Their direction is the same as our baseband chips, towards low-power and highly integrated SOC chips."

At this time, Wan Yongliang asked, "Wouldn't that directly compete with our baseband chips? Are they competitive?"

"Of course!" Qin Weimin said resolutely: "Lao Wan, you can even think of the authorization of the YX architecture as a free gift - except for some open source architectures, there is no one cheaper than us."

"In addition, in the West, there is another Rise company, Huaju. The R168X series of chips they produce based on the YX architecture have now successfully opened up the market, especially in Southeast Asian countries. Those small brand mobile phones either use Rise chips or MediaTek chips. …”

"If you include Xinghai - a simple statistics from last year is that global shipments of processors using YX architecture have exceeded 20 million units, covering various fields such as mobile phones, digital products, home appliances, PCs, and supercomputers. .”

"It can be said that we have achieved a relatively good stage victory in the expansion and layout of YX architecture."

At this time, Su Yuanshan took the lead in applauding.

Everyone clapped when they saw Su Yuanshan. It didn't matter whether Su Yuanshan was trying to save face for his senior brother, they just clapped along. For a while, there was constant applause, which made Qin Weimin feel a little embarrassed.

Of course, some people also know that Su Yuanshan sincerely believes that this "stage victory" is worthy of praise and deserves a special mention.

For example, Chen Jing knew that Su Yuanshan's biggest wish was never how much money he made, but how much influence he could have. Nowadays, the YX architecture is unique in the field of reduced instruction sets. For Su Yuanshan, this is undoubtedly a huge success.

“Our next focus, in addition to accelerating the globalization and comprehensive expansion of YX architecture’s influence, will also be to focus on optimizing mobile phone SOCs.”

"In order to cope with the upcoming explosion of the mobile market, we will launch a variety of integration solutions, covering all production lines from low-end to high-end. At the same time, we will also expand production capacity and reduce costs."

As Qin Weimin spoke, he glanced at Wang Chaoxin, who was sitting opposite and staring at him intently.

"Mr. Wang, by then the price of baseband chips will be at least one-third cheaper than today, and even lower-end chips will be cheaper than half of the current price."

"Okay! This is what you've been waiting for!"

Wang Chaoxin felt a stone fall in his heart and laughed.