The world's richest man started by developing gutter oil

Chapter 377 367: Shorting Hon Hai Precision

However, most car companies mainly purchase Queqiao modules. Although DeepBlue's AEBS is already very cheap, most manufacturers have their own products. They only need to purchase the Queqiao module and then add the new AEBS rewrite algorithm to it.

Rewriting the AEBS algorithm is easier said than done, but it is very difficult to do.

Because the R&D department needs a large amount of data to provide emergency avoidance support for AEBS.

Of course, if the company does not want to spend money to generate data, that is no problem. Deep Blue Group provides relevant supporting data packages, and each vehicle only needs to pay a service fee of 19 yuan. If Che Qiang does not want to pay, it can only develop it independently.

The President's Office of Shenlan Group in Shenlan Industrial Park.

After 3 months, Tong Jingjing finally recruited a 150-person satellite R&D team for Han Chen.

After learning that the team had been recruited, Han Chen asked Li Boping, the head of the satellite R&D team, to come to his office to explain work matters.

Li Boping, 45 years old, has a handsome and elegant square face. He once worked for the Luxembourg SES satellite company in Germany and has extensive experience in research and development.

SES is one of the world's leading satellite operators based in Luxembourg, with a fleet of more than 50 communications and broadcast satellites.

"Mr. Han, this is Li Boping, director of the satellite R&D team," Tong Jingjing introduced.

"Hello, Mr. Han." Li Boping greeted.

Han Chen, who was making tea, waved his hand and asked them to sit down at the tea table.

"Li Boping, the company needs you to lead the R&D team to produce a satellite. The design drawings of this satellite are already available. You only need to produce it according to the drawings. But I don't just want simple production. I hope you can develop a satellite assembly line.

Because in the next 5 to 10 years the company will launch 26700 satellites into outer space.

Without sufficient production capacity, the company would not be able to launch so many satellites into space." Han Chen said after pouring tea for Li Boping.

"Mr. Han, what you just said is that you want to launch more than 2 satellites into outer space?" Li Boping asked in surprise.

"You are engaged in satellite research and development, so you should have heard of the Yixing Project, right?" Han Chen asked.

"Project Istar is a satellite project jointly invested by the United States and many other countries. However, because there were too few users, the project was eventually sold to the U.S. military," Li Boping replied.

"The reason why the Yixing project failed is that their communication costs are too high. In addition to the communication costs, the cost of launching satellites is also very high. The company will solve this problem in the near future. What you need to do is to lead the team to develop an assembly line for producing satellites." Han Chen said.

"As long as we have the drawings, there will basically be no problem." Li Boping replied.

"That's good. I'll send the drawings to your mailbox. Please check the documents carefully later." Han Chen said.

"Okay, Mr. Han." Li Boping replied.

Han Chen then chatted with him for nearly half an hour before letting Li Boping go back. According to his estimation, it would take at least half a year to develop a production line.

This amount of time is nothing to Han Chen. Han Chen has the most reserves of cash now.

May 2014, 5, US time.

Qualcomm held a Qualcomm new product launch conference at the Unreliable Hotel in Cupertino, California.

这一次高通一共发布三款新产品,分别是骁龙810、骁龙610还有骁龙410,骁龙810性能与麒麟925差不多,性能方面比麒麟925强差不多10%,GPU方面性能是麒麟925的1.1倍。

The performance of Snapdragon 610 and Snapdragon 410 is also stronger than the other two chips of Deep Blue, and the performance is about 40% stronger than the other two chips of Deep Blue.

The three chips will be supplied to all friendly companies on June 6th.

骁龙810出货价格是198美刀,骁龙610价格是148美刀,骁龙410的价格是98美刀。

Of course, only other competitors know this price, and Qualcomm has not announced it to ordinary consumers.

Cupertino Fruit Headquarters, California.

Chu Zhenguo, led by Cook's secretary Lana Cantera, once again came to Cook's office.

Chu Zhenguo had come to the fruit headquarters to meet with Cook 6 days ago. When the two met, Chu Zhenguo said just as Cook expected, Shenlan hoped that Fruit could give the fruit's OEM orders to Shenlan.

"Mr. Chu, it's nice to see you again." Cook said with a smile after seeing Chu Zhenguo.

"Mr. Cook, regarding Shenlan's OEM for fruits, I wonder if you have made a decision?" Chu Zhenguo said with a smile.

The last time they met, Chu Zhenguo had made it very clear to Cook that if Fruit did not give its OEM orders to Deep Blue Precision, Deep Blue would stop Fruit's use of Beidouxing EDA and the authorization of some patents.

At first, Cook certainly did not accept Chu Zhenguo's threat, but he did not reject Chu Zhenguo's request. Cook said that changing the OEM manufacturer was a major decision, which would have many unknown impacts on the company's operations, and this matter must be voted on by the board of directors.

He hoped that Chu Zhenguo could give him some time to convince the board of directors.

Just like that, six days passed in the blink of an eye, and it was six days later that Chu Zhenguo received a call from the other party.

Cook has been looking for a way out over the past six days.

However, all the advanced technologies are in the hands of Deep Blue, and fruit chips still need to use Deep Blue's technology. It is impossible to break through.

"Mr. Chu, the board of directors has passed a resolution. We can give you the Foxconn order, but you must ensure the quality and make sure the quality is the same as Foxconn." Cook said with a smile.

"Mr. Cook, your company can rest assured about Deep Blue's technology. I'm sure you have seen Deep Blue's mobile phones. Our technology is more advanced than Foxconn's. We will not cut corners just because we are competitors. I can use the Deep Blue Group's brand as a guarantee that our OEM products will only be better than Foxconn's." Chu Zhenguo said with a smile.

"Since Mr. Chu uses the Deep Blue Group's brand as a guarantee, let's discuss the details of the contract." Cook said with a smile.

May 2014, 6, China time.

Wanwan New Taipei City 8: in the morning.

Terry Gou sits in his private car on his way to work at Hon Hai Precision Industry's headquarters.

"Ling~Ling~Ling"

Just at this moment, Terry Gou's cell phone rang.

"Ms. Lana, good evening." Terry Gou greeted with a smile after answering the phone.

Although Lana Cantella was only Cook's secretary, Guo Taiming did not look down on her. "Mr. Guo, the president made a new decision this afternoon. Fruit decided to cancel the subsequent OEM orders. You only need to produce the first batch of goods." Lana Cantella said.

After hearing what Lana Canterlot said, Guo Taiming finally understood why she called him.

Apparently Cook had asked Lana Canterlot to call because he wanted to talk to him.

"Ms. Lana, I would like to ask why?" Guo Taiming asked with a frown.

"We have already outsourced all subsequent orders to Deep Blue Precision," said Lana Cantera.

"Ms. Lana, Deep Blue is the fruit company's biggest enemy. How can you be confident in giving them the products for OEM?" asked Terry Gou.

"Because their technology is more advanced and the price is cheaper, Foxconn cannot compete with them in any way. Moreover, we still have to purchase chips from Deep Blue. We cannot lose the chip purchasing rights because of the foundry issue. We will send the legal department to terminate the contract with you. If there is nothing else, I will hang up now." Lana Cantera said.

Lana Canterlot didn't want to waste any more time talking to Terry Gou, so she hung up the phone immediately.

"Fuck it." Terry Gou cursed after hearing the "beep, beep, beep" sound coming from the phone.

Fruit orders account for 49.9% of Foxconn's business. If it loses fruit orders, Hon Hai Precision's stock price will definitely plummet. This time it will at least lose tens of billions of RMB.

At this moment, Terry Gou felt an unprecedented sense of crisis.

Foxconn's business is almost entirely dependent on fruit orders, and fruit accounts for nearly half of its revenue. This means that Foxconn's profitability and development prospects are affected and restricted by fruit.

Once the sales volume of Apple's products declines or Apple's strategy changes, Foxconn will suffer significant losses. Foxconn has not established its own brand and core competitiveness, nor has it expanded other customers and markets, resulting in a lack of diversified sources of income and growth momentum.

"Xiao Zhou, go home immediately." Guo Taiming said after calming down.

The fruit orders given to them would take no more than three months to complete, and he had to find new business within a week, otherwise he would have to close some factories in the mainland.

In a blink of an eye, it was 9:35.

At this time, after getting his passport from home, Terry Gou immediately called his secretary and asked him to book him the earliest flight to Shenzhen today.

But after the other party answered the phone, before he could finish his words, the other party said in a panic: "It's bad, Chairman."

"What happened?" Guo Taiming asked with a frown after hearing the other party's panicked voice.

"Chairman, there is a mysterious fund in the market that is shorting our stocks. In just 5 minutes, the company's stock price has fallen by 15%." Secretary Zhan Xiujiao said.

"You should immediately contact the Taiwan Stock Exchange and issue a repurchase announcement. The company will spend NT$100 billion to repurchase shares," said Terry Gou.

Lana Canterlot had just called him and told him that the fruit company was going to stop their orders, and then funds started shorting Hon Hai Precision's share price in the stock market. Terry Gou guessed that this was most likely done by Wall Street.

Why does Terry Gou think it was Wall Street who did it?

Only Deep Blue and Cook knew about the cancellation of the fruit order. As far as he knew, Deep Blue had never done such a thing, and this was what Wall Street capital was best at. Terry Gou felt that this was most likely done by Wall Street.

"Okay, Chairman." Secretary Zhan Xiujiao responded.

Then Guo Taiming hung up the phone with his secretary Zhan Xiujiao and immediately called his stock trading team.

Coincidentally, the other party called him immediately after seeing the stock price plummet, but the trading team called a little late, so Terry Gou gave priority to answering the call from Zhan Xiujiao.

"Mr. Guo, something terrible has happened. There is a mysterious fund shorting Hon Hai Precision Industry Co., Ltd. Now Hon Hai Precision Industry Co., Ltd. has fallen by 18%. What do you think I should do next?" said Qi Zonghao, head of the trading team.

"I have asked my secretary to contact the Taiwan Stock Exchange. We are going to use NT$100 billion to repurchase stocks. I will have someone transfer NT$100 billion into it later. Don't buy in when the price is falling. Wait until the stock price stops falling before buying in," said Terry Gou.

"Okay, Mr. Guo." Qi Zonghao said.

In a villa in Beijing.

There are more than thirty desks in the living room, and there is a person sitting in front of each desk, operating the keyboard and mouse frantically.

"Manager Zhangsun, Hon Hai Precision Industry just announced that it will spend NT$100 billion to repurchase shares. After the news came out, Hon Hai Precision Industry's shares have begun to stop falling, and the stock price has returned to 4 yuan." The trader in charge of the information shouted after receiving the news.

"I'll give you five minutes to collect the chips, and the news about the fruit will be released in five minutes." After saying that, Changsun Chuanfu took out his cell phone and sent a message.

At that time, the valuation of Hon Hai Precision was only more than 120 billion RMB. After the short selling by Changsun Chuanfu and others, the market value fell from more than 120 billion to more than 90 billion. With the news of Hon Hai Precision's share repurchase, Hon Hai Precision's shares returned to just over 100 billion.

After receiving the order from Zhangsun Chuanfu, the traders collected chips while suppressing the stock price.

"~Tick-tock~Tick-tock~"

The seconds passed in the blink of an eye.

When the seconds reached 12, Chang Sun Chuanfu shouted, "Throw all your chips out."

Wanwan New Taipei City Xiangnan Financial Co., Ltd.

Xiangnan Financial Company is the financial company that operates for Terry Gou. 15 minutes ago, Terry Gou transferred 100 billion into the account, and Qi Zonghao immediately ordered someone to repurchase the stocks.

他们好不容易把股价从3块9拉回到4块3的这个位置,没想到K线犹如跳崖般直线下垂,不到5秒钟股价跌破刚才低位3块9。

"Mr. Qi, something bad has happened. Those people just now are shorting again. This time the energy is even stronger than before. The market fell 5 points in less than 10 seconds." said a trader.

"Increase the purchasing power and push the stock price back up." Qi Zonghao said, standing in the middle of the office with his arms folded across his chest.

"Boss Qi, something terrible has happened." The trader in charge of information exclaimed.

"What happened again?" Qi Zonghao asked with a frown.

"The media just released the news that Apple has canceled its cooperation orders with Foxconn and handed over all orders to DeepBlue Precision." said the trader responsible for the information.

"Sell all the chips we have on hand and buy them back when the price reaches around 3 yuan." Qi Zonghao shouted.

Once this information spreads within the industry or among shareholders, Hon Hai Precision's stock price will plummet regardless of whether the news is true or false. Guo Taiming's order to him is to buy back the most shares at the lowest cost. At this time, Hon Hai Precision's stock price is just above the halfway point of the mountain. Buying back shares at this time is no different from being a fool's.

"No wonder Mr. Guo bought back more shares at the lowest price." Qi Zonghao muttered. (End of this chapter)

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