The passionate years starting from the college entrance examination

Chapter 326: Turning against guests?
In September 1966, the press conference was held at the headquarters of China Resources Corporation in Central, Hong Kong Island.

The first handheld game console product sold 100 million units in one fell swoop.

Based on the wholesale price of $69, this is revenue of $6.9 billion.

Qiu Zongyue and Chen Guohua, who were watching the live broadcast, both showed smiles.

To be honest, the revenue of 6.9 billion US dollars is not a small amount, but it is not a lot either.

Just because China Resources has received similar amounts of money too many times, there will be no disturbance.

On the contrary, now everyone is looking forward to the subsequent products rather than this handheld game console.

At the press conference, the capitalists were all stunned, and they were all stunned by the large-scale investment made by China Resources.

Handheld game console!

Previously, everyone already knew about handheld learning tools such as electronic dictionaries, and this product sold really well.

But no one thought that there could be handheld game consoles.

According to the host's demonstration on the live stage, especially the audience in the front row, it can be seen very clearly that this handheld game console is indeed exquisite and compact, but it has full entertainment properties.

No matter where you go, you can play with the game console. How cool this is.

It is said that almost all electronic products produced by China Resources are tailor-made to change human lifestyles, and this is true.

From game arcades to Huaxing digital SLRs, from electronic dictionaries to today's handheld game consoles, as well as computers, pagers, etc., as well as new mobile communication devices that are about to appear, all these products have changed the way humans live.

The audience in the audience were all dumbfounded as they looked at the handheld game console in the host's hand. Even though the host had taken away the display, they did not come back to their senses.

It wasn't until the host came up with a new product that everyone came back to their senses.

However, when the host came up with a new product, Comrade Tang Dake's eyes suddenly widened.

Just because this is an electronic watch!
You know, their Donald Duck Technology Company has already started to develop electronic watches before. It has been developed and is also preparing to be produced in the factory on Hong Kong Island.

As a result, China Resources is now also going to enter this market?

There is a saying in the industry that any product market in which China Resources is involved is definitely a red ocean.

Take air conditioners, color TVs, washing machines and other home appliances as an example. Before China Resources entered the market, the home appliance market was already a red ocean.

After China Resources also entered this market, it became even more terrifying.

In today's home appliance industry, after the strong intervention of China Resources Corporation, the entire industry has set off a big wave.

Take the North American market as an example. General Electric, Kelvinator, Westinghouse Electric, Whirlpool, Maytag and other brand companies account for more than 90% of the market, and the rest are foreign brands.

However, since China Resources intervened, China Resources alone has occupied 12% of the market share.

It may not seem like much, but to be able to capture 12% of the market share from a red ocean market, and to achieve such impressive results in an away game, is simply incredible.

In fact, the white glove companies headed by Chen Yuanchao and others are also going crazy.

For example, the trading company managed by Chen Yuanchao imports many OEM home appliances from overseas and also captures 3.5% of the market share.

Adding in other white glove companies, it can be said that local North American home appliance brands such as Kelvinator, Westinghouse Electric, and General Electric have a market share of only 58%.

It can be seen from here that the products exported from the mainland are all extremely powerful.

How terrible!

The home appliance industry is already so crazy. It is conceivable that once the electronic watch branch is targeted by China Resources, it will definitely be another bloody storm.

I originally thought about making a big splash in the electronic watch industry, but unexpectedly, I met China Resources directly, and the future was bleak.

Like Comrade Tang Dake, there are many people who are very surprised because they are also involved in the electronic watch industry.

After all, electronic watches are nothing new.

And China Resources put the electronic watch at the new product launch conference, so it must be because the product itself is very awesome.

Otherwise, given the importance China Resources attaches to new products, it is unlikely that this thing would be included in the press conference.

The wholesale price of electronic watches is not expensive, with different styles priced at US$69, and the retail price is US$79.

When it comes to watches, there are luxury-level watches that are extremely expensive, and there are also very ordinary watches that cost around a hundred dollars.

Many domestic brand watches in the mainland cost about 150 yuan, which is only 60 yuan when converted into US dollars.

But it is obvious that the electronic watch launched by China Resources is very cool and eye-catching in appearance.

The ultra-modern sense of technology gives people a sense of great value for money.

Coupled with more cool electronic functions, an electronic watch priced at seventy-nine dollars is definitely very popular.

Of course, the specifics will depend on market performance.

Many capitalists at the scene liked this electronic watch very much and were eager to place orders.

The reason why it is so crazy is because of its trust in China Resources.

All products launched by China Resources have been enthusiastically sought after by the market, and are basically synonymous with making money.

Based on this, it is understandable that everyone is willing to place an order to purchase electronic watches.

Soon, the new product of electronic watches was over, and the next step was the most important point, which was the new mobile communication device.

Along with the host's excited voice, an exquisite and compact mobile phone appeared in his hand.

"Everyone, this is the latest mobile communication product of our China Resources Company: PHS!"

PHS is a product of the times. In the history of the original time and space, it appeared for a very short period of time. However, due to its own technical limitations and the updates and iterations of mobile phone technology, it quickly disappeared into the long river of history. Among them.

But in today's era, Chen Guohua believes that it should have stronger vitality.

Especially in today's reality where the only mobile communication equipment is pagers, a mobile communication equipment like PHS will completely detonate the entire market.

All the capitalists, agents, etc. in the audience were all staring at the PHS device in the host's hand, their eyes full of surprise and greed.

Because such a small communication device represents endless benefits.

Considering the income that pagers bring to everyone, everyone is even more looking forward to the market performance of PHS.

Now that I have seen the real thing called PHS, my expectations are even higher.

why?
The small and exquisite PHS looks very beautiful and easy to use. With its practical call and communication functions, that is, it integrates telephones, pagers, alarm clocks, etc., and is so small and cute, it is not just for female users. I will like it very much, even male users can't resist this temptation.

Product excellence can transcend everything.

Of course, the disadvantage of PHS is also very obvious, that is, its signal is limited to places with many people, and there is a high possibility that there will be no signal in places with few people.

Just because of the signal base station of this product of PHS, its radiation range is only about 500 meters, which is not very wide.

However, this shortcoming is not a shortcoming, just because in today's society, there are simply no other excellent products of the same kind.

Therefore, PHS was so successful that other subsequent products of the same type had almost no way to survive.

This is very similar to the previous pager.

China Resources is always several steps ahead of others, but it happens to meet the needs of the market. The entry point is really clever!
Abraham Warburg in the audience, his eyes gleamed when he looked at PHS.

"If I remember correctly, Bell Labs seems to have such a communication product?"

Bell Telephone Laboratories is one of the earliest laboratories in the world that engages in communication technology research and development. As early as before World War II, they had developed many very advanced communication technologies, such as video calls and mobile communications.

Yes, Bell Labs has mobile communications, but the technology has great limitations and the cost is very high.

The sentence "cost is high" is enough to explain everything.

Just like the video calling project launched by Bell Labs thirty or forty years ago before World War II, a single call costs more than twenty dollars. Which family can afford it?
If Abraham remembered correctly, the research and development funds for one product of mobile communication technology in Bell Labs exceeded 500 million US dollars.

Even after it has been developed, the production cost of each product still exceeds three million US dollars.

To recoup the cost, the retail price of each product cannot be less than one million US dollars.

Therefore, the mobile communication equipment from Bell Labs does not have the conditions to leave the laboratory.

Abraham, with a dark look in his eyes, at this moment, desperately hoped that Bell Labs could come up with a similar product to China Resources, and the cost would not be that high.

Pity!
Soon, Abraham heard the host introduce this product. Its wholesale price is only US$399, and its retail price is only US$499.

Listening to the price, it seems very expensive, but it is actually very cheap.

The cost of Bell Labs is one million US dollars, while the wholesale price of China Resources is only US$399.

This means that the cost of PHS is far less than US$399.

Abraham took a breath, as did Lannister Morgan and others. After hearing the price, they thought of many things at once.

Obviously, they all know very well that the wholesale price of US$399 may cost less than US$100.

"Oh, China Resources deserves to take away this profit."

Richard Grosvenor of Great Britain shook his head and smiled bitterly, then continued to listen to the press conference carefully.

Not far away, Jim Bruger, Longstreet Hinton, Kerston Yosek and others all took a breath.

China Resources is simply too powerful, and their advantages in the manufacturing industry are too great.

Regardless of whether it is the current PHS or the previous pager, the cost of the communication equipment they manufacture is kept very low.

That's why they lowered the price to such a terrifying level, almost blocking the way for latecomers.

Who dares to enter the field of mobile communications at this time?

Even if the cost can be reduced to two hundred US dollars, we probably need to think carefully about whether it can withstand China Resources' price suppression.

"Forget it, let's just be an agent. For other things, we still need to reduce the technical costs. If we enter this market hastily, I'm afraid we will be crushed to pieces."

Almost all capitalists and agents have thought this through surprisingly unanimously.

No one wants to take risks. Everyone knows very well what they want, which is profits, not the market.

No one will be willing to do things that sacrifice one thing for the other, unless that person is a fool.

The product technology has been introduced and the price has been reported. Next comes the hidden bidding for the agency rights.

"Now, we are starting to bid for the agency rights in the Tokyo market. Please pay attention to your bids and not to make them too high, causing them to exceed the cost."

After hearing the host's kind reminder, everyone just smiled. It's unclear what they were thinking in their hearts.

It looks like a reminder, but it actually has an ulterior motive.

Just because this sentence tells almost everyone to carefully consider the quotation, otherwise, if someone takes away the agency rights, then I will be very sorry.

All the capitalists and agents present were in a hurry.

Hidden bidding is the most troublesome because no one knows the opponent's price.

No one dares to quote a low price, everyone will just raise the price to a point that makes everyone stunned.

But as the host said, if the price is too high, it will be difficult to make money.

However, instead of thinking about when the cost will be recovered, it is better to consider whether you can win the agency right.

Being able to win the agency right is the most serious thing, everything else is nonsense.

Comrade Tang Dake is in a dilemma. Now that he has broken up with Abraham, it depends entirely on his own words, so he must not think about it.

The capital group he reorganized currently has more than 20 billion US dollars, but if 10 billion US dollars are used to bid for this agency right, what about the rest?

It’s difficult!
Raymond on the other side directly wrote down the hidden price of US$15.99 billion.

This price is high, very high, but maybe not the highest!

The market in Tokyo is huge and consumers are quite wealthy.

In the past 65 and 66 years, Siemens, which previously operated this market, has made more than 10 billion US dollars.

This year is not over yet. Even if the market is impacted by PHS, the impact is very limited.

why?
First of all, the retail price of a pager that only has the function of receiving information is only US$79, and the retail price of a two-way pager with the function of sending and receiving is only US$199.

The market positioning of these two products is already very different.

Consumers who don't have money will definitely give priority to using pagers that only have message receiving functions. After all, they are really cheap.

Consumers who are a little rich will most likely not choose PHS, because PHS only has an additional calling function. Everyone thinks that as long as they can communicate, sending text messages is actually the same.

After all, the retail price of a PHS is US$499. This is definitely a very expensive product.

In an era when per capita wages were not high, a piece of communication equipment costing US$499 almost represented high-end.

But even for a high-end PHS, US$499 is already very low, and there is still the possibility of tapping into the market potential.

As long as the price is slightly higher, there will definitely be far fewer consumers buying it. And if the price is slightly lower than three hundred dollars, it will definitely have a huge impact on pagers.

Therefore, from this point of view, China Resources has thoroughly studied prices, costs, markets, etc.

Therefore, the pricing of their products is never set casually, but after very thorough and careful consideration, these prices are set.

Siemens' pager SMS communication service fees can still be collected for a few years, and the profits they make will definitely exceed tens of billions of dollars.

So Raymond wrote $15.99 billion on the hidden bid list, which is actually not too expensive.

Compared to Raymond's conservatism, Barzani and the others directly wrote a jaw-dropping number, but this number was accidentally seen by someone.

Clive, who was sitting not far from Barzani and the others, happened to see them.

So, he was already preparing to hand over the quotation, but then he called for someone to prepare a new quotation and make a new quotation.

Clive, who came from the McCormick family, a Chicago consortium, was very wealthy, so he naturally did not want the Tokyo agency rights to be taken over by a few natives in the Middle East.

The quote of US$20.9 billion is definitely very, very high, right?
Looking at this quotation, Clive felt proud.

After all, this price is higher than the prices quoted by McCalim, Bouteflika, and Barzani.

Anyway, according to Clive's estimate, the quoted price of 209 US dollars, plus the investment in the signal base station, the entire cost exceeds 30 billion US dollars.

Based on annual revenue of 10 billion US dollars, it will take at least three years to recover the capital.

As a result, not many people would be willing to bear such intense pressure to repay their capital, right?
Quite quickly, the quotes were compiled and the final result was announced directly by the host.

What made everyone gasp was that Clive, who had paid US$20.9 billion, successfully won the Tokyo agency rights.

For a moment, Clive himself was shocked. This was really great news.

Lannister Morgan, Abraham Warburg, Richard Grosvenor, Augustus Stillman and others all looked at Clive with complex expressions: What a lucky boy!

"Farke, 20.9 billion US dollars? Is his brain rusty? How can he pay such a high price? It's terrible!"

That’s 20.9 billion US dollars, a lot of money.

Isn't this just giving money to China Resources?
Some people are happy, some are sad, and some people break their defenses on the spot. They cannot accept such a result at all.

"Everyone, please be patient and be quiet."

The host on the stage almost lost control of the situation.

Fortunately, everyone was still polite, and after a burst of noise, the scene finally became quiet. "I know everyone is very excited, but please don't be so excited. The bidding for the Tokyo agency has been completed, but the bidding for our European agency has not been completed yet. If you still want to"

hiss!
Augustus stood up first and couldn't wait to ask the host if he could bid for the European agency right now?

This is really an unexpected surprise!

"Yes, we are about to conduct an auction for the European agency rights. The process is the same as before."

After being reconfirmed by the host, everyone smiled and immediately sat down and waited for the next secret bidding.

Even Clive, who was very excited, also sat down at this time.

Seeing that Clive wanted to continue bidding, Hall Cafferty, who was sitting on the other side, couldn't help but sarcastically said:
"Clive, you don't think you can continue to have European agency rights, do you? Let me tell you, this is impossible, because this time, we will never give you another chance."

"That's right, Clive, just give it up when it's good. You have to be content and happy, otherwise, you will be punished by God." Even Paradeson couldn't help but echoed.

Not only the two of them, but also Geinhardt, Augustus, Brenda Mellon and others are also like this.

The top ten financial groups in North America compete with and cooperate with each other. They are entangled with each other but relatively independent, and even antagonistic and antagonistic.

The reason why North America is so torn apart in later time and space is something that has been destined in history.

In other words, this is human nature in itself, this is capital!
Capital has always been greedy.

Clive has successfully won the agency rights in Tokyo, but he actually wants to win the agency rights in Europe. Naturally, he will inevitably be ridiculed by others.

However, Clive smiled and shook his head. Instead of chatting with Holcafferty and the others, he lowered his head and wrote an even more jaw-dropping number on the quotation.

"Humph, you don't want me to participate? You don't want me to win the European agency rights? I don't want to! I don't believe it. Europe is so big, and the price of the agency rights, who among you can't beat it?"

Clive, who was constantly sneering, simply stopped talking about martial ethics.

I saw that he wrote four numbers of nines on the quotation sheet, which is nearly 100 billion US dollars.

crazy!

Europe is indeed very big. There are many economic powers such as Great Britain, Gallic Chicken, and Italy. It is normal for it to be five or six times the size of Tokyo.

However, the quote of US$99.99 billion is too exaggerated, right?
A few years ago, Barzani and the others spent US$2.99 ​​billion to obtain the agency rights for pagers in Europe. Nowadays, everyone knows that the value of mobile communication equipment is very high, but such a high agency price is indeed It's a little too scary.

Lannister Morgan in the distance naturally saw Hall Cafferty and others mocking Clive, and also noticed the latter's sneer when writing the quotation.

Lannister Morgan, who noticed this scene, felt his heart skip a beat.

The secret passage is broken!

If Clive wants to cause trouble, I am afraid that the bidding price for the European agency rights will reach a point where no one can calm down.

As we all know, Barzani and his colleagues successfully obtained the agency rights for pagers in Europe in March 1964, and it has only been a little over two years.

Barzani and the others have already recovered their costs and made a lot of money.

Just because Europe is so big, Great Britain alone is larger than Tokyo. Therefore, even if the pressure to repay the capital is high, the market potential of Europe far exceeds that of Tokyo, which is naturally different.

In just over two years, Barzani and his company have made profits of more than 30 billion US dollars.

Otherwise, they would not have been so willing to give China Resources an $8 billion order before the press conference.

Earned 30 billion US dollars in just over two years, three years? What about five years?

It’s simply unimaginable how much money you can earn.

But Lannister Morgan would never know Clive's specific offer. If he knew about it, he would definitely beat him to death.

Soon, the auction for European agency rights ended.

Many people have submitted their quotations, but many others do not want to submit them because they are still struggling.

However, the quotation is time-limited and we will not wait for late quotations.

So for those who want to dilly-dally, I'm sorry.

Even so, everyone at the scene was shocked when Clive won the European agency rights for an astonishing US$99.99 billion.

Almost everyone looked at Clive with dumbfounded eyes. Everyone was thinking one thing: is Clive crazy?
Lannister Morgan, Abraham and others did not doubt whether Clive was a shill for China Resources Company, because everyone was familiar with Clive.

Anyway, Clive is a very hidden madman.

Just because no one expected that Clive would directly offer a price of nearly 100 billion US dollars, it was simply disrupting market prices.

Many countries do not have a GDP of 100 billion U.S. dollars. As a result, in order to win the agency rights of PHS in Europe, Clive directly made an offer of 100 billion U.S. dollars.

Isn't this crazy?
Comrade Tang Dake stared at the energetic Clive with dumbfounded eyes, his mind went blank.

"Farke, Farke, Farke."

At this time, Comrade Tang Dake was going crazy.

The next moment, he stood up directly and found the host. He asked for Clive's capital verification, because he had reason to believe that the latter did not have so much money to pay the fee.

Song Xuexian on the other side was currently communicating with the capital.

Because the quotation of 100 billion US dollars is still too scary, and it falls into the category of disturbing commodity prices.

It just so happened that the host had to quote, so there was nothing he could do.

Now it was time to test Clive's financial resources for the first time.

Although Chen Guohua and Qiu Zongyue both knew that Clive was from the North American Chicago Consortium, he definitely had plenty of money in his pocket.

But the problem is, the quote of 100 billion U.S. dollars, this is 100 billion U.S. dollars.

Even if the Federal Reserve wants to print this money, it will take a long time to do so.

In short, no matter what, capital verification must be carried out.

At this time, Comrade Tang Dake came to report, which was exactly what Song's preface meant, so it was easy to do it.

"What? Do you still want to continue the capital verification?"

When Clive was told that capital verification was required, he was stunned for a moment, and then became furious:
"What's the situation with your China Resources company? Didn't you already go through the capital verification process before attending the press conference? Why do you still need to continue the capital verification? Are you looking down on me? Do you think I can't get the money?"

One hundred billion US dollars, this is not a small amount of money.

In the past 1965, North America's annual gross national product was only over 700 billion, less than 800 billion.

The two countries of Great Britain and Gallic Chicken are over 100 billion US dollars, one is 101.8 billion US dollars, and the latter is 101.5 billion US dollars.

Not counting a few areas such as Moscow, the entire Europe adds up to 600 billion US dollars.

Therefore, worldwide, 100 billion US dollars is not a small amount of money.

Not to mention, the previous calculations were only gross national product, not cash.

Nowadays, once China Resources conducts a transaction with Clive of the McCormick family, it must involve cash transactions.

It's fun to drive up prices for a while, then trade the crematorium afterwards.

Therefore, you definitely can't do it casually.

Just when Clive was furious, many capitalists and agents nearby were standing aside to watch the show, holding their shoulders.

"Haha, I'm afraid Clive will shoot himself in the foot this time. He deserves it!"

"Do you think the Chicago consortium can really come up with $100 billion?"

"Who knows? Anyway, I'm going to see how he gets into trouble and then lend him a loan later. Hey, I'll charge a little more interest, is that okay?"

"It's really interesting, so interesting. I guess Clive never thought that if you use too much force, you will encounter backlash, hehe."

Abraham, Lannister Morgan, Brenda Mellon, Paul D'Alessandro, Longstreet Hinton, Richard Grosvenor and other capitalists were all happy.

They even wished that Clive could not pass the capital verification, and then they could pick up the slack.

However, it is definitely impossible for Clive to fail the capital verification, because these five words of Chicago Consortium have already doomed the outcome.

No matter what the situation is, the Chicago Consortium cannot afford to lose face.

David Rockefeller immediately stood next to Clive and whispered to the latter:
"Clive, do you want a loan? Our Chase Manhattan Bank can provide you with a low-interest loan of US$30 billion."

When the latter heard this, he immediately replied angrily:

"Shit, who wants your loan? I'm afraid the low-interest loan you mentioned requires at least three cents, right?"

Three cents is a lot of interest, especially for a super-large loan worth US$30 billion. The interest alone is an astronomical figure.

It is impossible for the Chicago consortium to engage in such a loss-making business, so Clive will definitely find ways to get the money.

No, he still needs to deal with another $20.9 billion.

In addition, he also needs to purchase signal transmitters, etc., then his funding gap will be very, very large.

"Mr. McCormick, please!"

The host asked the staff to take Clive to a side room for capital verification. There were staff from major banks inside. It was very simple to verify capital.

China Resources only needs representatives from banks such as Merrill Lynch, Citibank, American Express, and Chase Manhattan Bank to sign an agreement.

Anyway, if these banks can guarantee it, then there won't be a big problem.

In fact, of course the Chicago consortium has a lot of money. Their own assets have exceeded one trillion U.S. dollars. Whether it is mortgage loans or other things, there is no problem at all with more than 100 billion U.S. dollars.

Now that it has been determined, there is no problem.

Anyway, these banks have already given guarantees to Clive. If Clive can't get the money by then, China Resources will catch these banks and hold them accountable.

Of course, at this time, Clive had already thought of some solution, so he became extremely calm.

"Hello, aren't we doing direct transactions now? Why do we have to go back to the press conference hall again?"

Upon hearing Clive's inquiry, the China Resources staff smiled and gave a brief introduction, asking the former to go back first and find out.

After Clive returned, Lannister Morgan and others were immediately disappointed. It seemed that it was impossible to pick up the slack.

However, at this time, the host said that he would continue to bid for agency rights in Southeast Asia, South Asia, the Middle East, Australia, North and South America and other places.

After hearing this, the scene became lively again.

In this way, everyone still has a chance.

Soon, the bidding results from Southeast Asia and other places came out one after another.

The highlight is naturally the North American agency auction.

As the most economically developed region in the world, North American agency rights are definitely the one that everyone is most concerned about.

However, considering that Clive won the European agency rights for US$99.99 billion, if he wants to win the North American agency rights, I am afraid it will be even higher than this number.

No one knows whether Clive, a crazy man, will take action again.

Once he comes out to disrupt the situation, there is a real possibility that others will not be able to win the agency.

In the capital, Qiu Zongyue suddenly frowned and asked:
"Guohua, if Clive bids a high price for the North American agency rights again, and no one else offers a higher price except him, do we really have to agree to it?"

"I'm afraid that in this way, he alone will occupy the agency rights in Europe, America and Tokyo, the most economically developed regions in the world. I'm afraid it will have a great impact on the subsequent PHS sales of our China Resources Company."

After all, if the agency power in these areas is in the hands of one person, it is normal for something to happen.

At that time, it is very likely that there will be a phenomenon of anti-customers.

Although this is unlikely, no one can guarantee that it will not happen.

What's more, no one can predict the urinary nature of foreigners and the greed of capital.

"Leader, what is there to be afraid of? If Clive is lucky enough to win the North American agency, and if he dares to turn against the client, then we will teach him how to behave."

When Chen Guohua heard this, he immediately said with a smile.

In fact, Qiu Zongyue himself knew that it was very simple to subdue Clive, but the problem was that this matter was not that simple to solve.

It is true that Jianghu is not about fighting and killing, but also about human relations.

However, in economic transactions, it is correct to put interests first, but when something happens, there may be a huge difference.

For Chen Guohua, these are no big deal at all.

No matter how awesome Clive is, he is just an agent, and there is no way he can focus on customers.

In most economic behaviors, there are many, many ways to solve similar problems.

So no need to worry.

Hong Kong Island, at the press conference, Lannister Morgan was whispering to Von der Lean, discussing something.

"This is our last chance. Do you think we should spend 120 billion U.S. dollars?"

"Lanny, are you crazy? One hundred and twenty billion dollars is too much. Even if we really bid for this agency right, it will be difficult for us to make back the money in a short time."

Von der Leian suddenly exclaimed.

In fact, in just five years, you can definitely make your money back.

However, according to the nature of China Resources, their company's products will generally be introduced without too long an interval.

This also means that the PHS mobile communication device will most likely not stay in the market for long before newer devices will appear.

Based on this, if we spend 120 billion US dollars to bid for this agency right, it will probably take a lot of time to recover the money.

There may even be pressure to be unable to repay the investment.

After all, the retail price of PHS is US$499 per unit. It is not widely available because it is a high-end machine.

There are many rich people in this era, but not many can spend $499 to buy a PHS.

Mobile communication equipment is the future development trend, but it is obvious that now everyone can definitely choose a pager.

PHS is not the only option.

If the pressure to repay the capital is too great, the risk of bidding $120 billion will be infinitely greater.

That's not necessary!
"Are we going to quit?"

When Lannister Morgan heard this, he immediately showed a look of unwillingness.

Everyone who came to the scene was not a fool, and they all wanted to get the agency rights.

But from the beginning, Clive, a bastard, was very lucky to win the Tokyo agency rights, and then out of revenge, he directly raised the European agency rights to 100 billion US dollars.

Even the agency rights in the Middle East were pushed up to nearly 10 billion US dollars just now. One can imagine how miserable these capitalists and agents were suffered by Clive.

"Why should we withdraw? We can continue to compete, but US$120 billion is too high. Let's just bid US$10.9 billion."

Hearing Vonderian's words, Lannister Morgan looked hesitant.

Is this just taking off your pants and farting? You can win the agency right with US$10.9 billion?
Hard!

Capitalists such as Augustus, Abraham, Brenda Mellon, Henry Mather, Paul Dallisandro, Richard Grosvenor, etc. are all thinking about one thing: what price to pay Okay?
And they all have one thing in common, that is, they are all sure to give an offer of more than 100 billion U.S. dollars, but they are not sure whether it is 10.1 billion U.S. dollars or 199.9 billion U.S. dollars.

(End of this chapter)