Super Tycoon

Chapter 642: Waveguide is about to end

  When Zhiduoxing rapidly developed the mobile phone industry, Bird, the leading domestic mobile phone company, announced a major event. They decided to establish a joint venture with France Tomb Foundation to establish Bird Samji Research and Development Company.

   It seems very good. Samki is a French communications manufacturer, ranking second in France, and is also famous throughout Europe.

   After feeling the cooperation, Bird will be able to develop faster and become the hegemony of the China market in the future.

   At present, Bird's market share in China is about 15%. In the first half of the year, it sold more than 5 million mobile phones. It is the leader of domestic mobile phones, but it is not far behind Nokia and Motorola.

   And Samji also promised to help fly mobile phones to Europe, which seems to be very good conditions for Fly.

   Bird is actually a state-owned holding company. The previous chairman just announced his promotion to vice chief, and the president Xu Lihua became the chairman and president.

   It seems that the development of the waveguide is booming, but Zhang Yang said: "The waveguide is coming to an end."

   Waveguide is coming to an end? How can this be? With a better technical partner, Waveguide should be in a leaps and bounds.

   "President, why do you say that?" Xiao Wang asked curiously.

   "Xiaowang, do you think that after the cooperation, Bird's technology can be improved very well, and it can also increase the export channels, will it develop better in the future?"

  Xiao Wang is confused, isn't that the case? They also know that the Samji company is indeed the second French telecommunications company, and the French telecommunications company, not only controls the French market, but also has a certain market in other European countries.

  Cooperating with such companies, Bird does not suffer.

   "President, do you mean that Waveguide does not lack technology?"

"No, Waveguide lacks technology. They have exchanged technology with us before, but our technology is still second-rate. It is not until we buy some technology from Motorola that we can be regarded as a first-class, but it can be the top of the industry. In contrast, there is still a gap."

   "We have spent so much money, and the technology can only be said to be general. Waveguide really lacks technology. But their cooperation has a big problem, and the negotiators made a big mistake."

   Make a mistake?

  Xiao Wang looked at the news in the newspaper, Samji produced some technology, and exported personnel and venues, etc., to jointly make a price of 50 million rb. What is wrong with this? Is the other party's technology worthless?

   "It's a controlling stake." Zhang Yang shook his head, Xiao Wang's perception was still not enough.

   "President, does this not mean that both parties hold 50% of the shares? And here is Huaxia. It must be the Huaxia party. What can I worry about?"

  Zhang Yang sneered with a smile: "It is estimated that Bird's side is the same as yours. But for business contracts, you must consider every situation that may be harmful to you. These things, you can ask Lao Yao."

   Zhang Yang went to other departments of the company, and Xiao Wang went to the legal department.

   "Secretary Wang, what's the matter with the president? Just make a phone call, there is no need to run in person." Lawyer Yao saw Xiao Wang and stood up enthusiastically.

   "Director Yao, I have something to ask you about. It is not a contract of our company, but the president said that I did not find the key point of the problem."

   "This is the case, the waveguide side just established a technology research and development company in cooperation with the French Samki company..."

  After listening to Lawyer Yao, he soon understood: “I haven’t read the specific contract, but I probably know what Bird may have made.”

   "First, each party holds 50% of the shares, it seems that they are negotiating together, but the technical person in charge is French, which means that the waveguide side will always be in a passive state."

   "Second, the loss of the controlling right, this should be easy to fight, because apart from Bird, other domestic mobile phone manufacturers are not qualified to cooperate with Samji, we have, but we will not."

"Third, the person in charge is a Frenchman. When the other party asked for additional investment, did Bird agree? If it agrees, will Bird’s capital compare to Samki? Others’ net profit exceeds 100 million euros a year, and even reaches two. For billions of euros, how much is Bird?"

   "Both sides have invested 10 million euros, do you think it can be obtained from Bird's side? Many of Bird's profits over the years have been used to pay dividends, turned over to state-owned assets, and used for local development."

   "This is a common method used by many companies in the past, but what kind of companies do I use to say more? It is because they do not have enough technical input to co-operate with Samki."

   "While others have the right to sell overseas, Bird is likely to become the other party's foundry and will be slowly eroded by the other party."

   "There may be many small problems in it. I don't know if the waveguide is indicated on the contract. If not, then if any problem occurs, it will be the waveguide that suffers."

  If Samji wants to invest and build a factory in Huaxia, he must spend a lot of money. Now, with a little technology, it is not necessarily first-class technology and you get a 50% stake in a company.

   At the same time, we can also use Huaxia's personnel to help them do some technical research and development~www.readwn.com~Samji can also use the research and development results. If Samkey can then authorize or resell it to other companies, then Bird will lose even more.

  Attorney Yao felt that if he came to serve as the legal director of Bird, responsible for preparing the contract, Bird would definitely be the controlling party, and the decision maker would also be Bird.

  Samkey would definitely not pay without paying, not only to pay, but also to pay more. Fly did not give full play to the advantages of landlords, and underestimated the value of people and brands.

  Maybe Bird will develop very well in the past two years, but when Bird’s assets were eaten up by Samji step by step, it was too late to cry.

  Xiao Wang realized that there are so many sayings in it. But this is roughly analyzed by lawyer Yao. I don't know what the actual situation is. Why is the waveguide going to end?

  If Bird is really going to be finished, can Zhiduoxing acquire some of Bird's assets. For example, the brand or the R&D center. As for the factory, the president said that the company’s factory need not continue to expand.

   And the waveguide is over, can the vacant market share be taken up by Zhiduoxing?

   If Zhiduoxing can have a market share like Bird, the development will definitely be faster. Maybe in two or three years, it will become the industry leader in the domestic market.

   "Director Yao, thank you for your guidance." Xiao Wang also understood why the boss said that the company must have a legal person specializing in dealing with contracts. It can really avoid many economic disputes and avoid losses.

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