bonanza

Chapter 692 Talks
Outside the Special Economic Zone Airport, Mr. Chen, the director of the finance department, brought people to welcome Yang Dongsheng and his party. "Mr. Yang, you have worked hard! Mr. Huang, you have worked hard!"

"Is everything arranged?" Yang Dongsheng asked after getting into the car.

"The meeting with Mr. Ren is scheduled for [-] o'clock tomorrow morning at the hotel where you are staying, and the meeting with Mr. Hou will be the day after tomorrow! There are also several home appliance companies in Guangdong Province who want to enter the mobile phone industry and want to meet you!"

"Yeah!" Yang Dongsheng nodded. He came here this time not just to meet Boss Ren!
The next day, Yang Dongsheng came to the hotel's reserved conference room 15 minutes earlier.

Just as I walked to the door, I happened to meet another group of people walking towards the meeting room.

The other party was led by an elderly man in his 60s who was not tall. Yang Dongsheng greeted him, "Mr. Ren, I have long admired your name!"

"President Yang, you're welcome!" Boss Ren looked haggard, not in good spirits, and had dark circles under his eyes.

At this time, it was the second time in his life that he was in a state of distress - the first should be in the 80s, when he was cheated out of 200 million.

In the past few years, he has misjudged the direction of technological development one after another, encountered betrayal by his promising successor, and suffered the death of his mother in a car accident. He was depressed all over.

Although there are not many people participating in the negotiation, they are of high rank. Apart from him, Yang Dongsheng also has Vice President Huang of Dongsheng Semiconductor, and Vice President Chen of the Finance Department...

Mr. Ren has Mr. Sun, the number one officer under him, Mr. Ji, the chief financial officer, and Mr. Xu from the terminal department...

When Yang Dongsheng met Mr. Ren this time, he had three things to discuss: the first was to talk about becoming a shareholder, the second was to talk about cooperation in the development of mobile phones, and the third was to prepare to purchase a batch of communication equipment.

"Mr. Yang wants to become a shareholder of our company. I welcome it, but there is one thing I want to explain. Our company has no plan to go public." Mr. Ren forced a smile, "Financial things are too complicated. At my age It's really impossible!"

The standard process in Silicon Valley is to start a business first, ask for money from venture capital after some achievements, strive to go public before burning out the money of venture capital, and finally cash out and leave the market.

Mr. Ren's meaning is obvious, if Yang Dongsheng bought shares with the purpose of cashing out, then give up as soon as possible.

Yang Dongsheng nodded when he heard the words, "I admire Mr. Ren for maintaining his original intention of starting a business! Mr. Ren can rest assured that I agree with Mr. Ren on this point. If you want to be a high-tech company, you can't let the company go public. ! Dongsheng Semiconductor and Dongsheng Heavy Industry are not listed, and will not be listed in the future!"

The financial industry in the United States is developed, which has created a large amount of GDP for the United States and spawned a large number of rich people, but at the same time it has also pitted the United States.

In order to maintain the stock price, listed companies must produce a good-looking financial report every fiscal year.

Motorola president Chris Calvin, who was just ousted, is the grandson of Motorola founder Paul Calvin. Outsourced managers.

All managers of listed companies have to think about how to make their financial statements look good as soon as they come to power. They usually have only two choices, one is to make financial fraud like Enron, and the other is to cut expenses.

In order to reduce R&D expenses, Boeing outsourced software development directly to Indian companies, and the software developed by Indians was not fully verified before being put into use, which led to a series of disasters afterwards.

There are still a large number of similar companies in the United States. If Boeing hadn't hired a large number of workers, as well as the military industry, I am afraid it will follow in their footsteps.

Yang Dongsheng's words won Mr. Ren a lot of favor.

Yang Dongsheng will not completely buy out Ren Boss's company, he only wants to occupy 34% of the shares in Ren Boss's company - just more than one-third.

In this way, since Boss Ren would not have too much resistance, Yang Dongsheng also has a veto power on major matters.

"After Mr. Yang becomes a shareholder, do we have to use Dongsheng Semiconductor's chips?" Mr. Xu asked suddenly.

"Of course not!" Yang Dongsheng firmly denied, "But I suggest you use Dongsheng Semiconductor chips!"

Mr. Xu had such an expression, "Why did you suggest us to use Dongsheng Semiconductor's chips? As far as I know, Dongsheng Semiconductor's chips had a lot of problems in the past two years!"

Boss Ren also looked at Yang Dongsheng when he heard the words. They had already experienced a failure in the fixed phone business before, and they didn't want to end in failure again.

Until now, Boss Ren still doesn't understand why some companies have no technology at all, just by grabbing CCTV's prime time slot and inviting a kung fu star to shoot an advertisement, the products can be sold quickly.

Yang Dongsheng glanced around, "If your company wants to make mobile phones, it has two choices. The first is to buy other people's chips directly; the second is to buy other people's architecture and do the specific design yourself! Since both Buy, why can't you buy ours?"

"Mr. Yang is willing to sell the structure to us?" Mr. Sun's eyes lit up.

"To be precise, it is selling licenses. You can design on the basis of the architecture we gave, but you can't change the architecture! I believe that you can only buy licenses when you go abroad! I can guarantee that our license price is definitely lower than that of ARM. Low, and if you buy our architecture, you don’t have to worry about not getting continuous updates in the future, which can be written into the contract!” Yang Dongsheng glanced at Mr. Xu, “But I suggest you buy our chips first, after all, we will launch a With a new chip, there will definitely be a series of problems in the early days, just like the problems we encountered in previous years!"

Speaking of which, this is the first time that a company wants to buy an architecture from Dongsheng Semiconductor. Before, whether it was Liu Min, the prospective in-law, or a leading domestic PC company, they were all content to buy chips directly and go back to assemble them without even thinking about it.

Boss Ren whispered to Mr. Sun and Mr. Xu next to him, and it seemed that he was still in a dilemma.

Yang Dongsheng nodded at Vice President Huang, it was time to show his second trump card.

Vice President Huang cleared his throat, "Actually, we are currently developing a new type of mobile phone. We believe that once this mobile phone is launched, it can subvert the entire mobile phone industry!"

"The new mobile phone will subvert the entire industry? Hehe..." Several people obviously didn't believe it.

But with Vice President Huang's explanation, their expressions changed, and what Vice President Huang was talking about was naturally a smartphone.

Although Mr. Sun didn't understand what it was, she was worthy of being a professional in this field, and immediately saw where the problem was. "How did you realize the input operation, and set up an independent keyboard like the BlackBerry?"

Many things that later generations take for granted existed like black technology before the actual launch of smartphones.

(End of this chapter)