Reborn in 2011, 985 missing from two copies

Chapter 542: Internationalization Begins, MiHoYo Crisis

The price tag of 40 billion was not cheap at the time when smartphones were just starting out.

But in the future, it can only be considered super cheap, or even dirt cheap.

Patent prices are measured by the number of smartphones!

These days, smartphones are just beginning to explode in popularity and there are not many of them in the world, so communication patents are relatively cheap.

In five years, when the number of smartphones in the world increases exponentially, the value of these patents will also increase exponentially!
Nokia's 30% of patents will not be worth 40 billion RMB, but 40 billion US dollars, or even more!

Originally, Wang Yi wanted to buy more patents, even if it would cost another 40 billion, but unfortunately Nokia had too many to sell.

They plan to sell the remaining mobile phone patents and mobile phone business to Microsoft.

Even at the beginning, Nokia did not want to sell these 30% of the patents.

Later, some directors wanted to cash out part of the shares first, so they agreed to sell 30% first.

With this money, Nokia shareholders are no longer in a hurry to sell the company completely.

This way we can slowly talk to Microsoft and negotiate a higher price!

It is conceivable that if Microsoft wants to acquire Nokia this time, it may have to spend more money.

However, this is none of Wang Yi’s business.

Wang Yi said: "With these patents, Xingyi Technology's patent moat has been further strengthened. Although it is still difficult to launch full sales, it is still no problem to launch partial sales."

Zhu Changlin nodded: "Yes, we can start our international layout. Once we get some patents from other giants, we will be almost there."

"Yes, Xingyi flagship stores and specialty stores in some countries and regions can sell Xingyi mobile phones online."

Wang Yi said: "For example, in the Middle East, all Xingyi mobile phones are online and sold to the rich in the Middle East."

After all, this place is special, and few brands have initiated patent lawsuits in the Middle East.

Patent lawsuits filed by Apple, Samsung, and Nokia are generally filed in mature markets such as Europe, the United States, Japan, and South Korea.

Other areas have much less.

Now that the Xingyi mobile phone is on sale in Europe, America, Japan and South Korea, it is still somewhat risky and there is a high probability that the patent war will be lost.

Firstly, the number of patents is insufficient, and secondly, they are fighting in their home country and have the support of local buffs!

Therefore, although many Xingyi flagship stores and specialty stores have been opened in Europe, the United States, Japan and South Korea, they can only continue to sell Xingyi smart home products such as Xingyi tablets, Xingyi TVs, Xingyi headphones, accessories, and Xingyi air conditioners.

Other regions and countries such as the Middle East, where patents are less mature, are the first target for Xingyi Mobile's internationalization.

Even if a patent war really breaks out, the patents we have are enough to deal with it.

Zhu Changlin nodded: "These regions are OK. Previously, our Xingyi TV factory in Poland had a radiant range that included the Middle East, and we also opened ten flagship stores. Now is the perfect time to distribute the products."

"Yes, in addition, we can also open exclusive stores, authorized stores and channels to these regions. As long as the other party pays the full amount, we will ship the goods in full. There is no risk for us."

For overseas markets, especially special regions, Wang Yi does not want to open a large number of directly-operated stores. On the contrary, franchise stores are better.

Even if something goes wrong, the exclusive stores and authorized stores will be responsible for their own profits and losses, and it will not hinder Xingyi Technology from making money.

The purpose of opening a flagship store is mainly for brand promotion and after-sales layout.

Zhu Changlin agreed and continued, "Chairman, let's sell the borderless phones in these regions simultaneously!"

Wang Yi nodded. "They will all be launched simultaneously. The domestic market will definitely see a drop in sales this month, and we can only make up for it in the overseas market. In addition, India, Asia, Africa and Latin America can all sell the Unlimited phones, as well as the old Xingyi smartphones to clear out their inventory."

These countries and regions are economically poor and have limited consumption capacity.

The new flagship Xingyi, which costs more than 5,000 yuan, is having some difficulties and its sales are very low.

However, a borderless phone that costs 999 yuan can still be a hot seller even if it is sold for 1199 yuan in those places.

There are also old models such as xphone 1pro and xphone 2. After the release of xphone 3, xphone 1pro and xphone 2 will be unsalable and will not sell well even at a price reduction. They can just be thrown into Asia, Africa and Latin America for sale.

It can be regarded as an additional output channel for old models.

"Okay, Chairman, I'll arrange it right away!" Zhu Changlin responded. This was considered channel expansion.

Once we obtain some patents from other giants and our patent moat is solidified, we can list our products in Europe, America, Japan and South Korea. Then we will be fully internationalized!

After Zhu Changlin left, Wang Yi was about to play a game when Mr. Cai from MiHoYo suddenly came.

Wang Yi was a little surprised by this.

Wang Yi holds 45% of miHoYo's shares and is the largest shareholder, but miHoYo is still not a subsidiary of Xingyi Technology but operates independently.

When the company was first acquired, Wang Yi was quite concerned about MiHoYo and would often visit it to give some pointers.

Later, as the number of business units increased and the business became busier, Wang Yi had no time to take care of it.

Now that Mr. Cai no longer comes to visit, Wang Yi almost forgets about miHoYo.

Wang Yi said with a smile: "Boss Cai, have some tea. Congratulations! Honkai Academy is a great success!"

"Thank you, Mr. Wang. MiHoYo is still a young company and is far behind Xingyi Games."

Mr. Cai had a complicated expression.

Last year, miHoYo launched "Honkai Impact 3rd", which incorporated Wang Yi's suggestions and was equivalent to the previous life's "Honkai Impact 3rd", and was quite successful.

In the previous life, after Honkai Impact 2014rd was launched, it made nearly 1 million yuan in 2015, more than 2016 million yuan in , and more than million yuan in .

Now with the support and promotion of Wang Yi, "Honkai Academy" was launched last year and its annual revenue exceeded 7 million!
It directly surpassed the total income of many years in the previous life.

But that's all. Compared with Xingyi Technology's "Happy Match", "Protect the Grapefruit", "Subway Surfers", "Star Hunters" and "Unlimited Running", it can't be compared at all.

The annual revenue of "Honkai Impact 3rd" is not even as high as the monthly revenue of these games.

There is no way. The money-making ability of "Honkai Gakuen" is there, and it is not on the same level as "Protect Yuzu", not to mention "Happy Match 3".

MiHoYo is still growing these days and cannot create a horror masterpiece like Genshin Impact!
Wang Yi smiled and consoled: "For a new team, the first game to achieve an annual revenue of 7 million is already a great success. The future will be even better."

"Will it be better?" Mr. Cai was a little unconfident: "To be honest, we are working on a new Honkai Impact 2, but I feel the improvement is limited, and it may not even surpass Honkai Impact rd."

Wang Yi understood that the new Honkai was the Honkai Impact 3rd from the previous life. It was an improvement, but not much.

MiHoYo became a legend in one battle after the emergence of Genshin Impact.

If there were no Genshin Impact, miHoYo would just be a small gaming company with some achievements, nothing more.

It might collapse soon like other similar companies.

This is the case with miHoYo right now, it just makes a little money.

Let’s look at Xingyi Technology. Any game it releases will be a big hit.

There are many games released every year, and all of them are hits.

The monthly revenue of any one of its products is higher than miHoYo’s annual revenue!
This made Mr. Cai lose confidence, and the other three members also lost confidence.

"New games, that's great. If you need anything, just let me know. I fully support you."

Wang Yi is still very optimistic about miHoYo, and looks forward to miHoYo making Genshin Impact in the future and making a lot of money for him.

President Cai was a little embarrassed: "The support from President Wang is enough. He gave us traffic and resources. We even feel that we are not worthy of so many resources."

"Don't say that. You have to trust my judgment. I won't make the mistake of choosing someone. You can do it." Wang Yi encouraged.

Well, drink this bowl of chicken soup first, and then work hard to create Genshin Impact and help me make tens of billions!
Apart from anything else, hundreds of billions have been invested in the research and development of lithography machines. Coupled with the country's layout and the efforts of major professional institutions, it is estimated that DUV lithography machines will be available around 2019!
It will be difficult to develop EUV lithography machines within ten years, but there is hope for DUV lithography machines within six or seven years.

By then, we will be able to mass-produce 7-nanometer chips, which will be enough.

The 7-nanometer mobile phone chip in the past also appeared around 19 years ago.

Wang Yi has made up his mind to actively cooperate and increase investment in the research and development of lithography machines.

Mr. Cai was in awe. This feeling of being recognized was so damn good!
He was personally recognized by the chairman of Xingyi Technology, a business legend and a technology giant!

It felt so good.

But then he sighed and said, "Director Wang, thank you for your encouragement. We won't let you down, but we have some problems internally."

"Oh? What's wrong?" Wang Yi was a little surprised.

Honkai Impact 7rd has an annual turnover of million, which is considered profitable, so how could there be a problem?

Could it be that after making money, we want to divide the family business?
This is very common in entrepreneurial teams!
"It's like this. One of our co-founders, Jin Cheng, is a little bit lacking in confidence in the new game, and even in developing the game."

Mr. Cai said: "Now miHoYo is making money, with a revenue of 7 million. According to the agreement and the distribution and platform sharing, we got 2.8 million!"

MiHoYo mainly launches Xingyi games on the Android platform, all of which are based on a 4:3:3 ratio of R&D: promotion: platform, and it has not launched them on other Android platforms.

There is no other reason. Other Android game platforms have a 2:3:5 ratio. The platform directly takes 50% of the revenue, leaving only % for research and development. It's really a rip-off.

The Xingyi gaming platform only costs 3% on both Android and XOS systems, which is undoubtedly more conscientious.

In addition, the publicity and platform are all owned by Xingyi Technology, so Xingyi Technology directly took 6%.

As for the IOS platform, it is also 4:3:3, but Xingyi Technology only takes % of the promotion and marketing, and the IOS platform takes %.

In this way, Xingyi Technology took almost 7% of the 3.5 million yuan in revenue, or 7000 million yuan. IOS took 2.8%, or million yuan, and the R&D team was left with only %, or million yuan.

This is considered high.

Of course, as a major shareholder of miHoYo, Wang Yi also holds 2.8% of the 45 million!

Mr. Cai continued, "According to the idea of ​​the three of us, we would not divide the money, but put it all into the development of a new game, Honkai Impact 2. But Jin Cheng was not optimistic about Honkai Impact 2, nor the future of the game industry, so he thought about dividing the money."

Wang Yi understood that once the money was divided, the research and development funds for "Honkai Impact 2rd" would be greatly reduced, and the quality would also be greatly reduced.

"Do you want to ask for my opinion? Or hold a vote?" Wang Yi asked.

Once Wang Yi supports not distributing dividends and investing all funds in research and development, and Mr. Cai and the other two all support it, Jincheng will only have 10% of the shares and will not be able to make any waves.

Mr. Cai sighed, "Not entirely. We are all founders and brothers who have worked together. We don't want it to come to this. So I want to part ways in peace..."

Wang Yi was speechless. Are they planning to kick Jin Cheng out?

Or is there another reason?
However, considering the current situation, it is indeed not appropriate to keep Jincheng.

The fundamental ideas are not in line with each other. If we continue, there will be no good results. Mr. Cai continued, "And Jincheng also has this idea. He also knows that we don't agree to share the dividends, so there is no way to share them. But he also wants to get the money and put it in his pocket. So the three of us are thinking, Mr. Wang, can you buy Jincheng's shares? At the same time, agree not to share the dividends, and invest all the money in the development of new games!"

Wang Yi understood what Mr. Cai meant.

Of the 2.8 million, Wang Yi’s 45% stake accounts for the majority, or 1.26 million.

Mr. Cai and the other two together own 45% of the shares, which is 1.26 million yuan.

Jincheng accounts for 10%, 2800 million!
If Wang Yi also asked for dividends, even if the three of them wanted to invest all of it in research and development, they would only have 1.26 million, which was a bit insufficient.

Therefore, Mr. Cai and the other two decided to let Wang Yi buy out Jincheng’s shares directly, and Jincheng would use the money to start his own business.

At the same time, Wang Yi promised not to distribute dividends and to invest all 2.8 million yuan in the research and development of new games.

Wang Yi had no objection to this:
"It's something we can consider, it's just a matter of spending a little more money. As for not distributing the 2.8 million yuan in dividends and investing it all in research and development, that's fine too. We can even not distribute dividends this year or next year and just give all the money to you for research and development, that's fine too. But I'll get an extra 10% of the shares, a 55% stake, and I'll completely control miHoYo!"

"It's okay, we believe in your character!" Mr. Cai said decisively.

If it were someone else, they wouldn't believe it, but they believed Wang Yi.

They felt that Mr. Wang’s family was big and powerful, and he looked down on MiHoYo’s small business.

Read the error-free version at 69shuba! 6=9+shu_ba is the first to publish this novel.

Moreover, by clinging to Wang Yi's thigh, with Wang Yi's support, the Xingyi game platform, the XOS system, and the support of Xingyi mobile phones, miHoYo can also earn more.

Just like "Honkai Impact 7", the annual revenue in the previous life was less than million, but with Wang Yi's support, it directly made million!

It’s doubled nearly ten times!
Mr. Cai didn’t know about this, but they could see it clearly.

There are games of the same level whose annual revenue is only tens of millions, but "Honkai Impact 7" can make million!

It’s all thanks to Mr. Wang!
It doesn't matter if Mr. Wang controls Mihoyo, it will only make the pie bigger and earn more money.

There is no way, Mr. Cai could not have imagined that the current small company MiHoYo would be able to create Genshin Impact and become a giant in the future!

On the contrary, they were worried that if Wang Yi was not allowed to hold the controlling stake, Xingyi Games would have so many hits that they would not be able to look down upon Mihoyo, and they would give less support in the future...

It would be better to surrender and let Wang Yi take control, so he came here today.

"Do you all agree?"

"agree!"

"Okay, call them all over, let's do it. As for Jincheng's shares, I will buy them at a premium and won't treat him unfairly!"

"Thank you, Mr. Wang!" Mr. Cai was delighted and immediately called for help.

Soon, all three of them arrived at the chairman's office.

"Mr. Wang, I..." Jin Cheng was speechless for a moment, feeling a little embarrassed.

Wang Yi waved his hand: "Everyone has their own aspirations. I respect and support your choice. You hold 10% of the shares, and you can only get 2800 million in dividends. So, I will give you 10 million and directly buy your % of the shares. What do you think?"

"Two hundred million!" Jincheng was shocked!
The others were also startled.

10% of the shares are worth 2 million yuan, doesn’t that mean that MiHoYo’s current valuation is 20 billion yuan?
But everyone knows that this is a bit high for miHoYo, which has only made one high-quality game.

MiHoYo's annual revenue is 7 million yuan and its profit is 2.8 million yuan. Based on a valuation of 5 times, its valuation is only 14 billion yuan.

This is a normal valuation.

Giving 10 million for 1.4% of the shares is reasonable, but giving 43 million is a % premium!
It is quite impressive.

Jin Cheng was a little excited, thinking carefully in his heart:

'I originally planned to sell only 5% of the shares, but Mr. Wang offered too much!'

"More importantly, all 2.8 million was spent on research and development, with no dividends. It would be fine if Honkai Impact rd made money. If it loses money, or doesn't make much money, it would be even worse, and the valuation would be gone by then."

'Now the premium is more than 40%, which is totally acceptable! '

'I am a billionaire too, hahaha! '

"Thank you, Mr. Wang. I totally agree." Jin Cheng responded decisively.

"We have no objection either." Mr. Cai and others spoke up.

Afterwards, the two parties signed a contract, and Wang Yi had someone write a check for 10 million yuan to Jincheng, officially acquiring 55% of the shares, a total of % of the shares, and completely controlling miHoYo.

All parties were very satisfied with this.

Jincheng felt that he had made a wise decision and had put the 2 million yuan in his pocket. Even if Honkai Impact failed and miHoYo went bankrupt, he would not suffer any loss.

In the future, I can take out 1.5 million to start a business, and deposit the remaining million in the bank to earn interest. That would be great.

Frankly speaking, he is not really interested in starting a business and prefers to be safe.

In his previous life, he sold his shares and quit miHoYo because of the offer from Cisco.

This time, too.

The difference is, I didn’t get a good price in my previous life, and I lost so much money that I was heartbroken.

And this time, he took away 200 million and made a fortune.

But what they don’t know is that Wang Yi will earn more in the future!

Once "Genshin Impact" is released, the valuation of miHoYo's 10% stake will not be 2 million, but 200 billion or even 300 billion!

More importantly, after this transaction, Wang Yi completely controls miHoYo, and miHoYo is also completely tied to Xingyi Technology.

Moreover, it was Mr. Cai and the other two who took the initiative and willingly asked Wang Yi to take control of the company. Wang Yi did not force them.

This is completely different.

"Don't worry. It's okay if there is no dividend in the next three years. You can invest all the money in research and development." Wang Yi assured.

Mr. Cai and the other two were delighted and completely relieved.

The three of them are very ambitious. They would rather not share the dividends now and devote all their efforts to developing a hit product.

Wang Yi supports this.

Wang Yi looked at Jin Cheng and said, "Although Jin Cheng has left miHoYo, we are still brothers. Whether you want to start a business or enjoy your life, I will support you. If you want to start a business and need help, just ask and I will help you if I can."

Having gained benefits worth tens of billions, Wang Yi would naturally not hesitate to help out a little.

"Thank you, Mr. Wang. I will definitely not be polite when the time comes." Jin Cheng felt a little touched.

He thought Wang Yi would ignore him after leaving miHoYo, but he didn't expect that he would still help him.

"That's right. Let's go. I'll host you tonight and let's celebrate for Brother Jincheng!"

Wang Yi called a few people and went straight to the five-star hotel.

Mr. Cai and his colleagues were also in a good mood. They were lucky to meet such a loyal and righteous boss.

Unlike other capitalists who only want to exploit them.

And Wang Yi will make the pie bigger so that everyone can make money together.

The original annual revenue of 7000 million will be increased to 7 million. This way, everyone will have no objection to taking the lion's share, and everyone can earn more.

The meal was very enjoyable and we talked a lot.

Wang Yi acquired Jincheng’s shares and invested fully in the research and development of "Honkai Impact 3" without paying any dividends, which successfully resolved the crisis within miHoYo.

The cracks in the original four-person team also disappeared.

Several people spoke freely and talked about everything under the sun.

Jin Cheng, who was a little drunk, began to speak his mind:
"Maybe you think I'm a coward, but I was taught to play it safe since I was a child. I finally made over 200 million, and you guys want to invest it all. I really don't dare to take risks! If we lose, we will go bankrupt! I think people should be satisfied and prepare for the next step, even if it's just investing half!"

President Cai frowned and said, "Gold, we are going to make a 2D version of Honkai Impact 3. 3D is very expensive, million is not enough, at least million, or even million!"

"Alas, there's no point in saying these things. Fortunately, Mr. Wang took action, and everyone is happy." Another founder tried to smooth things over.

Wang Yi burst out laughing. It was obvious that Jin Cheng was not the kind of entrepreneur who would risk everything on one throw.

They lack the courage like Mr. Cai and his two colleagues to invest hundreds of millions of dollars in the development of new games.

He is afraid of failure and losing all his money!
Therefore, it was inevitable for him to cash out and leave miHoYo.

Wang Yi did not make any judgment on this.

This kind of personality is destined to make it difficult to achieve anything particularly big, but it is very stable.

Besides, cashing out 200 million is actually enough to live the rest of your life in peace.

It is human nature not to want to continue to start a business with risks.

Of course, his shadow will no longer be seen under the brilliant light of miHoYo in the future.

"By the way, Jinzi, what are your plans next?" asked Mr. Cai.

Jin Cheng thought for a while and said, "I will start a business, but the budget won't be too high. With the 1 million yuan, I will put million in the bank, million to buy real estate, and the remaining million to start a business."

"This rhythm is good." Everyone nodded.

Jin Cheng looked at Wang Yi: "Director Wang, do you have any suggestions?"

Wang Yi thought for a while and said, "I suggest you don't put it in the bank. Instead, use the 1.5 million to buy real estate in the core areas of first- and second-tier cities. With the remaining million, you can start some businesses or make investments that are sure to make money. You don't need to make a lot of money, as long as the income is stable."

"Yes, yes, this is completely in line with my outlook on life." Jin Cheng was very excited:
"House prices have risen rapidly in recent years. Investing in real estate does yield higher returns than depositing money in a bank. But will the prices continue to rise in the future?"

Wang Yi did not hide the truth from the others: "The current urbanization rate in our country is only about 50%, which is not too high. In the next few years, a large number of people will move from rural areas to cities. Therefore, housing prices can still rise for a few more years, but they will not continue to rise. Especially when the urbanization rate exceeds 60%, it will gradually approach saturation, and housing prices will begin to fall."

"I see!" Mr. Cai suddenly realized: "Then I have to buy a house as soon as possible!"

"Buy, buy as soon as possible! Xingyi Smart Home has cooperation with major developers such as Longfor, Yanlord, Vanke, etc. When you buy a house, we will arrange group purchase discounts for you. When the time comes, I will give you a call and give you a lower price!" Wang Yi said readily.

Whenever the core senior executives of Xingyi Technology want to buy a house, Wang Yi will arrange for someone to make a call and give them a more favorable price.

They are all brothers who follow him and help him make money. We will help him in any way we can.

Of course, there are too many ordinary employees in Xingyi Technology, so Wang Yi cannot take care of them one by one. He can only arrange group purchase discounts, and he can still save hundreds of thousands.

(End of this chapter)