Reborn Entrepreneurial Giant

The iPhone 6S was released in September, and the Honor 7 was released in November, just in time for Double Eleven. The Honor 6 was only released in the first half of the year, and there will be no price reduction now, so the price of the Honor 7 has increased by US$50 to start at US$699. The high-end version is more expensive than the iPhone 6S is much lower.

The domestic price of iPhone 6S is 5,288 yuan, and the price of Honor 7 is 4,398, 4,698 and 4,998 respectively. The price of the high-end version in China is lower than the price of the low-end version of IPhone 6S. Therefore, a Plus version has been added. In addition to the larger screen, there are various improvements. The price is basically the same as the IPhone 6S, and slightly lower than the IPhone 6S Plus abroad.

Buying a Honor flagship phone or an IPhone is a choice that many people don’t have to think about. The Honor 7 has a great advantage due to its low price. Of course, some people with strong vanity cannot care about the price difference of nearly a thousand yuan.

Honor 7 continues to sell well, and the outside world has a clear understanding of the Kirin 2 chip. This is an excellent processor, or computing platform. It adopts TSMC's 16nm process. Its single-core performance is not as good as Apple's A-series processors, but its multi-core and GPU performance surpasses it, and its energy consumption is slightly better.

Fruit fans can only learn about Honor at this time and talk about user experience. Your CPU and various configurations are very good, but my system is smooth and does not lag, that is...

Anyway, Honor’s purpose is not to eliminate Apple’s iPhone, but to fight for a larger living space for itself. In less than November, Honor sold 200 million mobile phones. In November, Honor 7 was released, and the sales of Honor mobile phones skyrocketed...

Qu Li received various good news from Honor from time to time, and some were not so harmonious. Several major investment institutions of Honor Mobile, such as BlackRock, the world's largest asset management giant, officially proposed that Honor pay dividends.

Some people hope that Honor will give up chip design or reduce R\u0026D investment...

Spreadtrum's baseband chips are currently second only to Qualcomm, and they are prioritized for Honor flagship phones. The effect may not be good enough, but it can break the monopoly, reduce patent fees, and ensure supply chain security.

Everyone knows that Honor is the big company that pays the least patent fees to Qualcomm. After Apple reached an agreement with Qualcomm, although it received an annual reward of US$1 billion from Qualcomm, it had to pay 5% of the patent fees for each mobile phone. Based on iPhone sales, Apple actually needs to spend more than $1.5 billion every year.

Honor owns all Netcom baseband chips, and also purchases additional Qualcomm chips. This is to maintain a long-term cooperative relationship, so reverse authorization is not required. Of course, there are restrictions. Spreadtrum basically cannot sell baseband chips externally.

Qu Li has always been concerned about Honor's supply chain security. In the eyes of outsiders, Honor has a solid foundation. Except for the operating system, it basically has no shortcomings. It means that its profit margin is not as good as Apple's. This cannot be made up for. So Apple’s market value exceeds US$500 billion, while Honor is still around US$250 billion.

The market value of Time Jumei at this time is almost over 200 billion U.S. dollars. This is really, well, Qu Li doesn't have much emotion. It's all his company anyway. Moreover, the plummeting domestic A-shares did not affect the stock prices of the two companies, so Qiancheng Geometry fell more, because everyone knows that when A-shares fell, rich people were short of money, and naturally they would not buy luxury cars. Geometry is the largest market. Big problems can arise.

This impact does exist, and the sales of Geometry G9 and Y9 have indeed been affected, but Saboian sales are increasing, and this car is more profitable. However, the Saab team has already planned to reduce prices and sell them. As for how to operate without affecting the brand, he doesn't know.

Although he is "retreating" at Galaxy Power, he doesn't care about the affairs of the other three companies. He needs to take time to understand the situation every day.

In this way, the time came to December very quickly, and Qu Li also received a notice that he would come to Xingyang City and would take time to visit Shiguang Jumei.

Is this considered a great favor from the emperor? Everyone in the company is quite honored, and so is Qu Li. Although he thinks he is already changing the world, he is one of the most powerful men in the world today.

He took time out from Galaxy Power to discuss with Shijiang Jumei about welcoming the driver. The specific process was arranged by someone, but he had to show his respect by showing up.

In 2015, major A-shares experienced a roller coaster market. At the same time, the U.S. dollar strengthened, the soft currency exchange rate depreciated from 6.2 to 6.5, and foreign exchange reserves decreased from 3.8 trillion to 3.3 trillion U.S. dollars. Some people say that the country has experienced a round of financial war. Various reasons were given, but they were not sufficient. If it is true, it may be of the "what does it have to do with killing you" type.

Some people say that domestic companies' overseas investments are "traitors" because of the decline in foreign exchange reserves. Although Anbang, HNA, Fuxing, and Wangda are all in trouble due to overseas investments, is it really wrong to go abroad at this time? In other words, if you don’t invest overseas when 6 yuan is exchanged for one dollar, and then go out to compete when 7 yuan is exchanged for one dollar, is your brain really right?

It’s not that Qu Li wants to defend the losers. In fact, he is also investing heavily overseas. Not to mention Honor’s regular reinforcements, Honeycomb Energy has acquired Europe’s largest virtual power plant, Time has invested in Southeast Asia, and it has a bright future to build overseas factories. Tianming Fund has teamed up with China United. The group invested in England.

Qu Li is an unswerving supporter of globalization. Even if he encounters many difficulties in the future, such as being exploited by Indian drugs, he will choose globalization unless the Third World War breaks out. But this should be something with a very small probability. If it does happen, you can only accept it as bad luck.

While arranging the pick-up arrangements, Qu Li summarized some things this year. The "officials" will never blame him for investing overseas. Time Jumei is building a global procurement system this year to import high-quality global goods into the country and compete with domestic companies. Him?

It is undeniable that there are narrow-minded people at any time who just want to take advantage of themselves. Qu Li is exactly the kind of person who thinks that too much trade surplus is detrimental to the country.

Huge trade surplus brings huge foreign exchange reserves: it is the basis for the future enhancement of comprehensive national strength. If this money can be exchanged for aircraft carriers, nuclear submarines, J-20 or other high-quality "assets", wouldn't it be better than being a miser?

In addition, the original intention of reserve foreign exchange is to purchase resources that are not available but needed domestically. However, as the world's factory, this demand has been greatly reduced. Why did the country later establish an import expo? Because exports are a cycle centered on other countries, and imports are a large trade cycle centered on one's own country.

Facts have proved that Qu Li was overly worried. The "officials" met with Qu Li in advance, chatted with him a lot, and comforted him that it was common for rocket launches to fail...

After November 1, Qu Li never posted on Weibo again and stayed at Galaxy Power, causing many people to speculate: "I have never experienced failure. This may be the first failure that Qu Li has encountered!"

This sentence resonated with many people, and "Qu Li failed for the first time" became a hot search.