Traversing the courtyard
Chapter 428 Radio Chip
Chapter 428 Radio Chip
Later, after discussing with Bian Jianye, he sent a report to the Xiangjiang headquarters, describing the current actual difficulties, and Weidong also agreed to the plan of four chips.
This is the first meeting with the boss, and Veblen is a little apprehensive. He doesn't know what the attitude of the young boss is. If he thinks that his ability is limited, he will be too desperate.
Wei Dong asked: "Now some chips can integrate hundreds or thousands of triodes, why can't we integrate hundreds of parts in the radio?"
Veblen saw that Weidong did not turn his back on him, and he could still ask more basic questions. He seemed to know some technologies, and explained: "Those chips are all composed of triodes, diodes and other parts, but the radio has tuners, voltage control Oscillators, IF filters, operational amplifiers, mixers, audio amplifiers and other components, how to integrate them in the chip is the most difficult, everything has no clue, it needs to be designed from scratch, if the circuit is too complicated, it will be wrong Design and manufacturing put forward higher requirements, even if we design it, it is useless if we cannot manufacture it.”
Ruan Tao and Mi Xiaozhou were dumbfounded. They didn't understand what those professional English words were. As for Virginia, she had given up paying attention to this a long time ago, and she didn't know where to go.
Weidong reluctantly listened to the general idea, and after thinking about it, he understood that the triode in the radio is only a small part, and some parts are used to vibrate, amplify, filter, etc. the sound, and some special parts are needed in the middle. The integration of these parts into the chip needs to be redesigned, and the more integrated it is, the more difficult it is.
"I understand. The plan of designing four chips first is also acceptable. How is the current progress?"
Veblen said with a smile: "The first FM chip has been designed and produced some samples, we are doing various tests to verify the performance, and the other three chips are under development."
"Already created a sample? So fast?"
Veblen said: "Our previous job was to design a sound chip for TVs, and [-]% of it has been developed, so we can make such a fast progress."
Ruan Tao asked: "Then is there a physical radio now?"
Veblen nodded and said, "We have hand-soldered five radios and are testing them."
Then I said that after the chip design was verified by a computer, I got it to Intel for tape-out and produced [-] chips. Now the money has not been paid there yet!
Weidong asked again what tape-out is. After the original design verification, it was confirmed that there is no problem with the circuit, and then templates can be made for small-scale production. Generally, tens or hundreds of pieces are produced, and then the test is carried out to verify that there is no problem. You can start production.
Since there are samples, of course we went to have a look. Weidong visited the research institute under the leadership of Veblen. The 30 people were divided into four groups, each responsible for the development of a function. Now the frequency modulation function has just been released and is being tested. just.
Soon came to the test room, there were five radios on the table on one side, but it looked more like a home appliance repair station, the wooden casing was disassembled, the circuit board was also erected, and an integrated block was connected with wires. The pins are soldered and then connected to the circuit board.
Veblen explained: "The integrated block we just produced does not have a dedicated circuit board, and only a single strand of wire can be used to connect the parts."
Weidong nodded and didn't express his opinion. This is a test, of course we need to listen to experts. Seeing that the circuit board looks like it was soldered by hand, he asked, "Is there no such automatic soldering machine now?"
"Automatic welding machine?"
Veblen shook his head: "I've never heard of any company developing such a machine."
Weidong explained a few sentences, and then remembered that the computer was too crude at this time, and he couldn't accurately install the parts, so he took the initiative to spot weld, smiled and asked other questions.
Ruan Tao remembered this accident deeply, there was nothing invented, how did Wei Dong seem to know that there would be such a functional machine?
Veblen said: "Nowadays, electrical appliances are soldered by hand. If the boss is producing by himself, he must hire people in advance to train them to use electric soldering irons."
Weidong understands that it seems that he needs to build an electronics factory earlier, and training employees is not something that can be done in a day or two.
Ruan Tao asked: "If you want to produce radios, what else do you need to prepare?"
Xiangjiang is a company that produces some triodes, capacitors and resistors, but the scale is not large. The main reason is that transistors are still relatively advanced parts. Before that, relevant technologies were only available in beautiful countries. Yes, IBM now has a TV production department. .
The industrial transfer of the beautiful country started in the 70s. The main targets of the transfer were the Bangzi country, Wanwan and Neon countries. There were few small people in Xiangjiang, and not many transfers were undertaken.
Veblen said: "Procurement of circuit boards and all parts is a systematic project. If it is a beautiful country, the production cost will be higher, and Neon will have some discounts if the related parts are relatively complete, but the yield rate is slightly lower. "
"I understand."
Ruan Tao knows that Weidong's policy must be to make everything by himself. It seems that he must pay close attention to the purchase of production lines and the introduction of related technologies.
Besides, the manufacturing cost in Xiangjiang should be lower than that of buying neon, and making it yourself is also conducive to Weidong's copying. These are very small products, and the copying will not arouse the vigilance of others.
Mi Xiaozhou also took a diary to write it down, in case the boss forgets, he should remind him to prepare in advance.
After listening to the radio for a while, Veblen came back to the meeting room just now, and said apologetically, "The office has not been decorated due to the short time, I'm sorry."
Wei Dong doesn't care, knowing that this kind of researcher is like this, chatted with Veblen for a while, and arranged the focus of the next research. After the development of the radio chip, he will continue to develop the design of the radio, followed by the TV. Chips for video and power supply need to be developed.
Veblen wondered: "Boss, then you still need to find people, these people are not enough."
Weidong promised: "If you need anything, you can contact Manager Bian, he is serving the research institute."
The scale of 30 people is too small. Weidong will definitely expand vigorously. The scale of 500 people is about the same. In addition to radios and TVs, there are other home appliances that need to be studied, although there are already many home appliance companies in the market. Yes, but now we have just entered the era of integrated circuits, and we will not lag behind in developing our own chips from scratch. If it is not possible, we will free up our hands to acquire some home appliance companies.
Veblen said, "I understand."
After finishing the conversation with Veblen, I chatted with the financial staff for a while. The financial personnel here are all appointed from Xiangjiang, and they are very willing to travel to the beautiful country, not to mention the business trip subsidies, who manage a research institute The accounts are also very simple, without any difficulty.
After finishing the inspection of the research institute, Weidong followed Ruan Tao to the hotel where he stayed for lunch, and then went to the small living room in the room to talk.
Ruan Tao started by talking about the latest sales statistics. The shipment volume of electronic watches has exceeded 1000 million. The main reason is that the previous promotion has seen results. , It is still uncertain when the foreign bank will replenish the goods again.
Wei Dong asked: "Did the foreign firm say how well the market accepts it?"
Ruan Tao said: "According to reports, the recognition of electronic watches is still very high. This is a new thing that is different from traditional mechanical watches. In particular, it can display the specific time digitally. Once it is launched, it is very popular in the market."
With a shipment of 1000 million, the wholesale price of a watch is 35 Hong Kong dollars. Now, the revenue of Yixin Electric Company is 3.5 million Hong Kong dollars. The company will not be short of money in a short time.
These are all in stock, and they were produced with advanced funds before. Of course, Weidong in the middle also copied some and put them in the warehouse. It can be said that the money is all profit.
Wei Dong thought about it and said, "Next, we need to continue research and development to add some functions to the electronic watch."
Ruan Tao asked: "What aspects?"
Wei Dong said: "The screen is too small now, it can be made bigger, and the date and week can be displayed on it, and the function of an alarm clock can also be added."
Thinking of the alarm clock, Wei Dong said: "We can develop an alarm clock that can be placed on the table to replace the mechanical alarm clock. Our electronic alarm clock is silent, even if it is placed next to the pillow, there will be no sound."
Ruan Tao's eyes lit up. This alarm clock is indeed a good idea. The mechanical alarm clock is bulky, and the sound of ticking, ticking, and moving needles can be heard even in the quiet night. Can be more than 5 minutes.
On the other hand, the electronic watch is different. After setting the time, it can be accurate to the second. As long as the electronic watch has power, it will wake people up on time.
"It's really a brand new product, and almost every home needs an alarm clock."
Wei Dong smiled and said, "Although every student needs it, I think many students will hate our electronic alarm clock."
Ruan Tao also smiled and said: "There is no other way, no one wants to get up early!"
There is no way to do this, and it is also for them not to be late for school.
After chatting about electronic watches, and then started the discussion between the two research institutes, Weidong said that he would increase research efforts, recruit more people to conduct research on electrical appliances, and have some other directions.
For example, memory technology, memory technology, power supply technology, circuit board technology, picture tube technology and other directions.
Ruan Tao said: "It's not easy to develop from scratch. It's better to buy some second-rate technology. It will be much easier if you have a foundation or a team."
Weidong nodded and said: "That's true. We need to increase investment in the beautiful country. John Bao also wants to restrict me from buying foreign firms. In fact, most of my money will be invested in acquisitions and research. Foreign firms make money, but It's not that important compared to our cause."
Ruan Tao is also a little angry when he mentions this, but Xiangjiang is still managed by that group of people. Of course, he will suppress this person who swims from the mainland. Making some restrictions is a common method of those people, just like the Huo family's many businesses. Just lose money.
"When we go back, we are planning our investment in the beautiful country in detail."
It is indeed necessary to re-plan. If you earn too much money, you can’t invest all of it in Xiangjiang. It is time to invest most of the money overseas. Now it is mainly to develop the market in the beautiful country, and then use Virginia company to continue It is better to invest in it, and a company from a beautiful country can easily be accepted by the locals when it goes out.
After talking about the business, Ruan Tao smiled and asked, "Awei, do you have something to hide from me?"
Wei Dong was surprised: "What did I hide from you? You know how many moles I have on my body better than I do."
Ruan Tao took a sip: "I'm talking about business with you!"
Seeing Weidong's bewildered look, he reminded: "What happened to the automatic welding machine? You took it for granted at the time, as if there really was such a machine in the world."
Weidong was a little stuck for a while, and it was indeed a little thoughtless at the time. He thought that the beautiful country already had similar machines, but he didn't expect that they are all hand-welded now. No wonder electrical appliances are so expensive now.
It's just how to explain to Ruan Tao now!
Wei Dong smiled and said, "Sister Taozi, I'm a little sleepy, I'll talk about this later."
"Okay, do you want me to serve you?"
"Of course, let's take a nap."
Ruan Tao was pulled into the bedroom, and asked with a smile, "Aren't you afraid that Mi Xiaozhou and Virginia will know?"
Wei Dong said: "You are not afraid of me, what are you afraid of?"
At this point, Ruan Tao started to panic again. Both Mi Xiaozhou and Virginia knew that Weidong and Ruan Tao were discussing things in the room. It was already a long time before, and if they toss about for another hour, the two girls will surely There will be some guesswork.
Before Ruan Tao was pregnant, she didn't want any rumors to spread, so she let Wei Dong eat two mouthfuls of melon before saying, "Okay, don't do bad things in broad daylight."
Weidong just wanted to divert some Ruan Tao's attention, and knew that enough was enough at this time, so Weidong talked to Ruan Tao about the company again after lingering for a while, and then asked Virginia to come over and talk about establishing a company in the beautiful country things.
Ruan Tao didn't understand Wei Dong's vigilance, and said: "Boss, I don't think you need to divide the assets from the beginning even if the authorities have some resistance to you in the future. We can divide the assets when the scale reaches a certain level. Sell it at a high price."
Wei Dong said: "People in almost every place are disgusted with foreign investment. Wouldn't it be more convenient if they were our own people at the beginning?"
Ruan Tao smiled and said: "The beauty of the country is the immigrant country, and it does not reject foreign investment. Of course, you can't enter some sensitive industries or engage in some political activities. Besides, isn't Wang An Computer Company here? There is nothing wrong with it? "
Wang An is a legend of a generation of Chinese. He founded Wang An Laboratory in 51, Wang An Computer Co., Ltd. in 55, and began to produce memory cores, shift registers, logic circuits and other components to design pulse coordination counting devices. From the late 50s, Wang An Company developed a semi-automatic phototypesetting system.Subsequently, Wang An turned to the development of desktop calculators. In 1964, he launched the latest desktop computer made of transistors, and thus started the successful course of Wang An Computer Company.
By the 80s, the turnover of Wang An Computer Company, Wang An Company was as high as 15 billion US dollars, and Wang An's personal assets once reached as much as 20 billion US dollars, firmly ranking as the richest Chinese man in the world.
When he first entered the 90s, Wang An died of illness, and the company was taken over by his son. At that time, there were already several mistakes in operation, and finally went bankrupt in the competition with IBM.
Wei Dong studied computers, but he had read the case analysis of Wang An Computer Company before, and he knew the development of it in detail.
However, the current Wang An Company has not yet reached that height. In 67, under the pressure of creditor banks, Wang An decided to issue 250 million US dollars of stock to repay the debt. He did not expect this last resort move to become the starting point for take-off , On Wall Street, many companies are equipped with Lose computers launched by Wang An Company, and the financial community has great confidence in Wang Wan Company.
Wang An Computer was listed at an issue price of US$12.5. At the close of the day, the price climbed to an astonishing US$40.5, and 40 shares were sold out. Wang An's net worth soared by US$5000 million overnight, and he became a super rich man. .
Up to now, his net worth is about 7000 million US dollars, so Ruan Tao took Wang An Company as an example.
Weidong smiled and asked, "Then what if my achievements are higher than IBM's?"
(End of this chapter)
Later, after discussing with Bian Jianye, he sent a report to the Xiangjiang headquarters, describing the current actual difficulties, and Weidong also agreed to the plan of four chips.
This is the first meeting with the boss, and Veblen is a little apprehensive. He doesn't know what the attitude of the young boss is. If he thinks that his ability is limited, he will be too desperate.
Wei Dong asked: "Now some chips can integrate hundreds or thousands of triodes, why can't we integrate hundreds of parts in the radio?"
Veblen saw that Weidong did not turn his back on him, and he could still ask more basic questions. He seemed to know some technologies, and explained: "Those chips are all composed of triodes, diodes and other parts, but the radio has tuners, voltage control Oscillators, IF filters, operational amplifiers, mixers, audio amplifiers and other components, how to integrate them in the chip is the most difficult, everything has no clue, it needs to be designed from scratch, if the circuit is too complicated, it will be wrong Design and manufacturing put forward higher requirements, even if we design it, it is useless if we cannot manufacture it.”
Ruan Tao and Mi Xiaozhou were dumbfounded. They didn't understand what those professional English words were. As for Virginia, she had given up paying attention to this a long time ago, and she didn't know where to go.
Weidong reluctantly listened to the general idea, and after thinking about it, he understood that the triode in the radio is only a small part, and some parts are used to vibrate, amplify, filter, etc. the sound, and some special parts are needed in the middle. The integration of these parts into the chip needs to be redesigned, and the more integrated it is, the more difficult it is.
"I understand. The plan of designing four chips first is also acceptable. How is the current progress?"
Veblen said with a smile: "The first FM chip has been designed and produced some samples, we are doing various tests to verify the performance, and the other three chips are under development."
"Already created a sample? So fast?"
Veblen said: "Our previous job was to design a sound chip for TVs, and [-]% of it has been developed, so we can make such a fast progress."
Ruan Tao asked: "Then is there a physical radio now?"
Veblen nodded and said, "We have hand-soldered five radios and are testing them."
Then I said that after the chip design was verified by a computer, I got it to Intel for tape-out and produced [-] chips. Now the money has not been paid there yet!
Weidong asked again what tape-out is. After the original design verification, it was confirmed that there is no problem with the circuit, and then templates can be made for small-scale production. Generally, tens or hundreds of pieces are produced, and then the test is carried out to verify that there is no problem. You can start production.
Since there are samples, of course we went to have a look. Weidong visited the research institute under the leadership of Veblen. The 30 people were divided into four groups, each responsible for the development of a function. Now the frequency modulation function has just been released and is being tested. just.
Soon came to the test room, there were five radios on the table on one side, but it looked more like a home appliance repair station, the wooden casing was disassembled, the circuit board was also erected, and an integrated block was connected with wires. The pins are soldered and then connected to the circuit board.
Veblen explained: "The integrated block we just produced does not have a dedicated circuit board, and only a single strand of wire can be used to connect the parts."
Weidong nodded and didn't express his opinion. This is a test, of course we need to listen to experts. Seeing that the circuit board looks like it was soldered by hand, he asked, "Is there no such automatic soldering machine now?"
"Automatic welding machine?"
Veblen shook his head: "I've never heard of any company developing such a machine."
Weidong explained a few sentences, and then remembered that the computer was too crude at this time, and he couldn't accurately install the parts, so he took the initiative to spot weld, smiled and asked other questions.
Ruan Tao remembered this accident deeply, there was nothing invented, how did Wei Dong seem to know that there would be such a functional machine?
Veblen said: "Nowadays, electrical appliances are soldered by hand. If the boss is producing by himself, he must hire people in advance to train them to use electric soldering irons."
Weidong understands that it seems that he needs to build an electronics factory earlier, and training employees is not something that can be done in a day or two.
Ruan Tao asked: "If you want to produce radios, what else do you need to prepare?"
Xiangjiang is a company that produces some triodes, capacitors and resistors, but the scale is not large. The main reason is that transistors are still relatively advanced parts. Before that, relevant technologies were only available in beautiful countries. Yes, IBM now has a TV production department. .
The industrial transfer of the beautiful country started in the 70s. The main targets of the transfer were the Bangzi country, Wanwan and Neon countries. There were few small people in Xiangjiang, and not many transfers were undertaken.
Veblen said: "Procurement of circuit boards and all parts is a systematic project. If it is a beautiful country, the production cost will be higher, and Neon will have some discounts if the related parts are relatively complete, but the yield rate is slightly lower. "
"I understand."
Ruan Tao knows that Weidong's policy must be to make everything by himself. It seems that he must pay close attention to the purchase of production lines and the introduction of related technologies.
Besides, the manufacturing cost in Xiangjiang should be lower than that of buying neon, and making it yourself is also conducive to Weidong's copying. These are very small products, and the copying will not arouse the vigilance of others.
Mi Xiaozhou also took a diary to write it down, in case the boss forgets, he should remind him to prepare in advance.
After listening to the radio for a while, Veblen came back to the meeting room just now, and said apologetically, "The office has not been decorated due to the short time, I'm sorry."
Wei Dong doesn't care, knowing that this kind of researcher is like this, chatted with Veblen for a while, and arranged the focus of the next research. After the development of the radio chip, he will continue to develop the design of the radio, followed by the TV. Chips for video and power supply need to be developed.
Veblen wondered: "Boss, then you still need to find people, these people are not enough."
Weidong promised: "If you need anything, you can contact Manager Bian, he is serving the research institute."
The scale of 30 people is too small. Weidong will definitely expand vigorously. The scale of 500 people is about the same. In addition to radios and TVs, there are other home appliances that need to be studied, although there are already many home appliance companies in the market. Yes, but now we have just entered the era of integrated circuits, and we will not lag behind in developing our own chips from scratch. If it is not possible, we will free up our hands to acquire some home appliance companies.
Veblen said, "I understand."
After finishing the conversation with Veblen, I chatted with the financial staff for a while. The financial personnel here are all appointed from Xiangjiang, and they are very willing to travel to the beautiful country, not to mention the business trip subsidies, who manage a research institute The accounts are also very simple, without any difficulty.
After finishing the inspection of the research institute, Weidong followed Ruan Tao to the hotel where he stayed for lunch, and then went to the small living room in the room to talk.
Ruan Tao started by talking about the latest sales statistics. The shipment volume of electronic watches has exceeded 1000 million. The main reason is that the previous promotion has seen results. , It is still uncertain when the foreign bank will replenish the goods again.
Wei Dong asked: "Did the foreign firm say how well the market accepts it?"
Ruan Tao said: "According to reports, the recognition of electronic watches is still very high. This is a new thing that is different from traditional mechanical watches. In particular, it can display the specific time digitally. Once it is launched, it is very popular in the market."
With a shipment of 1000 million, the wholesale price of a watch is 35 Hong Kong dollars. Now, the revenue of Yixin Electric Company is 3.5 million Hong Kong dollars. The company will not be short of money in a short time.
These are all in stock, and they were produced with advanced funds before. Of course, Weidong in the middle also copied some and put them in the warehouse. It can be said that the money is all profit.
Wei Dong thought about it and said, "Next, we need to continue research and development to add some functions to the electronic watch."
Ruan Tao asked: "What aspects?"
Wei Dong said: "The screen is too small now, it can be made bigger, and the date and week can be displayed on it, and the function of an alarm clock can also be added."
Thinking of the alarm clock, Wei Dong said: "We can develop an alarm clock that can be placed on the table to replace the mechanical alarm clock. Our electronic alarm clock is silent, even if it is placed next to the pillow, there will be no sound."
Ruan Tao's eyes lit up. This alarm clock is indeed a good idea. The mechanical alarm clock is bulky, and the sound of ticking, ticking, and moving needles can be heard even in the quiet night. Can be more than 5 minutes.
On the other hand, the electronic watch is different. After setting the time, it can be accurate to the second. As long as the electronic watch has power, it will wake people up on time.
"It's really a brand new product, and almost every home needs an alarm clock."
Wei Dong smiled and said, "Although every student needs it, I think many students will hate our electronic alarm clock."
Ruan Tao also smiled and said: "There is no other way, no one wants to get up early!"
There is no way to do this, and it is also for them not to be late for school.
After chatting about electronic watches, and then started the discussion between the two research institutes, Weidong said that he would increase research efforts, recruit more people to conduct research on electrical appliances, and have some other directions.
For example, memory technology, memory technology, power supply technology, circuit board technology, picture tube technology and other directions.
Ruan Tao said: "It's not easy to develop from scratch. It's better to buy some second-rate technology. It will be much easier if you have a foundation or a team."
Weidong nodded and said: "That's true. We need to increase investment in the beautiful country. John Bao also wants to restrict me from buying foreign firms. In fact, most of my money will be invested in acquisitions and research. Foreign firms make money, but It's not that important compared to our cause."
Ruan Tao is also a little angry when he mentions this, but Xiangjiang is still managed by that group of people. Of course, he will suppress this person who swims from the mainland. Making some restrictions is a common method of those people, just like the Huo family's many businesses. Just lose money.
"When we go back, we are planning our investment in the beautiful country in detail."
It is indeed necessary to re-plan. If you earn too much money, you can’t invest all of it in Xiangjiang. It is time to invest most of the money overseas. Now it is mainly to develop the market in the beautiful country, and then use Virginia company to continue It is better to invest in it, and a company from a beautiful country can easily be accepted by the locals when it goes out.
After talking about the business, Ruan Tao smiled and asked, "Awei, do you have something to hide from me?"
Wei Dong was surprised: "What did I hide from you? You know how many moles I have on my body better than I do."
Ruan Tao took a sip: "I'm talking about business with you!"
Seeing Weidong's bewildered look, he reminded: "What happened to the automatic welding machine? You took it for granted at the time, as if there really was such a machine in the world."
Weidong was a little stuck for a while, and it was indeed a little thoughtless at the time. He thought that the beautiful country already had similar machines, but he didn't expect that they are all hand-welded now. No wonder electrical appliances are so expensive now.
It's just how to explain to Ruan Tao now!
Wei Dong smiled and said, "Sister Taozi, I'm a little sleepy, I'll talk about this later."
"Okay, do you want me to serve you?"
"Of course, let's take a nap."
Ruan Tao was pulled into the bedroom, and asked with a smile, "Aren't you afraid that Mi Xiaozhou and Virginia will know?"
Wei Dong said: "You are not afraid of me, what are you afraid of?"
At this point, Ruan Tao started to panic again. Both Mi Xiaozhou and Virginia knew that Weidong and Ruan Tao were discussing things in the room. It was already a long time before, and if they toss about for another hour, the two girls will surely There will be some guesswork.
Before Ruan Tao was pregnant, she didn't want any rumors to spread, so she let Wei Dong eat two mouthfuls of melon before saying, "Okay, don't do bad things in broad daylight."
Weidong just wanted to divert some Ruan Tao's attention, and knew that enough was enough at this time, so Weidong talked to Ruan Tao about the company again after lingering for a while, and then asked Virginia to come over and talk about establishing a company in the beautiful country things.
Ruan Tao didn't understand Wei Dong's vigilance, and said: "Boss, I don't think you need to divide the assets from the beginning even if the authorities have some resistance to you in the future. We can divide the assets when the scale reaches a certain level. Sell it at a high price."
Wei Dong said: "People in almost every place are disgusted with foreign investment. Wouldn't it be more convenient if they were our own people at the beginning?"
Ruan Tao smiled and said: "The beauty of the country is the immigrant country, and it does not reject foreign investment. Of course, you can't enter some sensitive industries or engage in some political activities. Besides, isn't Wang An Computer Company here? There is nothing wrong with it? "
Wang An is a legend of a generation of Chinese. He founded Wang An Laboratory in 51, Wang An Computer Co., Ltd. in 55, and began to produce memory cores, shift registers, logic circuits and other components to design pulse coordination counting devices. From the late 50s, Wang An Company developed a semi-automatic phototypesetting system.Subsequently, Wang An turned to the development of desktop calculators. In 1964, he launched the latest desktop computer made of transistors, and thus started the successful course of Wang An Computer Company.
By the 80s, the turnover of Wang An Computer Company, Wang An Company was as high as 15 billion US dollars, and Wang An's personal assets once reached as much as 20 billion US dollars, firmly ranking as the richest Chinese man in the world.
When he first entered the 90s, Wang An died of illness, and the company was taken over by his son. At that time, there were already several mistakes in operation, and finally went bankrupt in the competition with IBM.
Wei Dong studied computers, but he had read the case analysis of Wang An Computer Company before, and he knew the development of it in detail.
However, the current Wang An Company has not yet reached that height. In 67, under the pressure of creditor banks, Wang An decided to issue 250 million US dollars of stock to repay the debt. He did not expect this last resort move to become the starting point for take-off , On Wall Street, many companies are equipped with Lose computers launched by Wang An Company, and the financial community has great confidence in Wang Wan Company.
Wang An Computer was listed at an issue price of US$12.5. At the close of the day, the price climbed to an astonishing US$40.5, and 40 shares were sold out. Wang An's net worth soared by US$5000 million overnight, and he became a super rich man. .
Up to now, his net worth is about 7000 million US dollars, so Ruan Tao took Wang An Company as an example.
Weidong smiled and asked, "Then what if my achievements are higher than IBM's?"
(End of this chapter)
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