My Age of Investment

"You're not kidding, are you?"

Chen Hong was stunned for several seconds, and subconsciously asked.

But he soon regained his composure, and said seriously, "This industry is not a low-threshold industry. It's not something you can do with just one network cable and two servers."

Xia Jingxing nodded, "I know that. Recently, I have been reading professional books on mobile phones and electronic devices, and I have also consulted industry experts. For this unfamiliar field that I have never set foot in, I am still cautious and a learner's attitude."

Chen Hong frowned, thought for a moment, and said slowly: "Let me analyze and analyze for you, let's not talk about the international market, let's take our domestic mobile phone market as an example, which is basically dominated by foreign manufacturers, such as Nokia, Motorola, Samsung, etc. 1st, 2nd, and 3rd place.

As for Lenovo, Bird and other brands, the domestic shipments are not as good as foreign manufacturers, and they mainly target the low-end market.

I won't go into details for the reason, but you should know it too. In the final analysis, the technology is still too backward, and the performance is not as good as others.

Not only mobile phones, but now automobiles, home appliances, and industries with certain technological content are like this.

Don't you want to create a low-end mobile phone brand like Bird and Lenovo?

If that's the case, it's completely unnecessary to spend so much money in.

And if you want to enter the high-end field, the technology and capital involved are gone, and the investment risk is not low. "

After finishing speaking, Chen Hong looked at Xia Jingxing's expression calmly.

He didn't believe that Xia Jingxing didn't pursue so much, he just wanted to make a low-end mobile phone. Judging from the prepared funds, it is obvious that they want to develop in the field of high-end mobile phones, and their plans are not small.

Xia Jingxing and Chen Hong looked at each other, and said with a smile, "If you're just hanging out in the domestic low-end mobile phone market, I think Lenovo and Bird will be enough.

I joined, the industry is more crowded, and I can't make much money, and the effort is thankless. "

"Then you are..."

Chen Hong looked dignified, and asked tentatively, "Want to break arms with Nokia and Motorola?"

"why not!"

Xia Jingxing put away his smile and said solemnly: "I judge,

Mobile phones will become more and more popular in the future, and it is a high-growth industry.

This is also an investment, investing in the future. "

Chen Hong nodded, "I know this, but he has so many years of technical background, and the commercial barriers are not just kidding with you.

Moreover, this industry is not just about burning money. For example, patents or core components are not sold to you, and you are not allowed to use them. What can you do? "

Xia Jingxing nodded, feeling that Chen Hong still had a certain depth in seeing the problem, sighed, and replied: "Yes, when we are engaged in technology, we are afraid that technology will suddenly get stuck, so we plan to rely on ourselves and be self-sufficient."

Chen Hong felt that the more he listened, the more confused he became, so he hurriedly asked.

"I acquired a mobile phone operating system company in the United States, and then I will set up a mobile phone design and development company, and will also make upstream and downstream investments and acquisitions around the supply chain and technology."

Xia Jingxing glanced at Chen Hong, and said with a smile, "Do you have the confidence to cooperate with us to create a mobile phone that will be on the international stage?"

"No, brother, I'm not trying to dampen your enthusiasm. I just want to remind you to think twice before acting. This is not a small sum, it is nearly half of your property."

Chen Hong has studied in the United States for many years and returned to China to do business for so many years. He has a very clear understanding of the technological gap between China and foreign developed countries in certain fields.

It is not an exaggeration to describe it as "natural moat"!

He is not very optimistic about Xia Jingxing's mobile phone plan, it is okay to engage in an industry like the Internet that has no barriers to entry and no technical blockade.

To make a mobile phone, you have to compete with the international giants, and the billions of dollars is barely enough to go to the poker table.

It was no surprise that Xia Jingxing was "not optimistic" about Chen Hong.

The current China is very different from China, which has a complete mobile phone industry chain fifteen years later.

No one can imagine that in more than ten years, the mobile phone technology desert country will have three mobile phone manufacturers ranked among the top five in the world in terms of shipments.

The sixth place is rotated by OPPO and Vivo.

The core reasons are, first, the huge domestic demand market, which has raised giant beasts; second, the mobile phone industry chain is becoming more and more perfect, and the technology in related domestic fields is also improving.

In short, the difficulties are only temporary. Investing in the industry is no different than investing in other industries, and requires hard work.

When Xia Jingxing said that he had invested 100 million U.S. dollars in Android, Chen Hong finally felt a little moved.

"Have you really thought about it? There is no turning back when you shoot the bow!"

Xia Jingxing nodded, "I've been thinking about it for almost a year, and I still don't know?"

"Okay, then I won't advise you anymore!"

Chen Hong picked up the wine glass, "Come on, let me offer you a toast, and wish you a successful start. If you really create a mobile phone that can tear off a piece of fat in the international market, how proud it will be!

The upstream and downstream industries around mobile phones will benefit, and how many domestic jobs can be solved! "

Xia Jingxing clinked glasses with the other party, and asked with a smile, "What about financial consulting? Is this business still accepted?"

"Yes, why not!"

Chen Hong said with his thumb back: "When I go back, I will start to form a new team to serve your mobile phone company.

What kind of technology, what kind of company, what kind of person you want, just let me know, and the work of the headhunting company can be hired for you. "

Xia Jingxing smiled lightly, "Okay, let's stop here."

"Hey, by the way, mobile phone company, do you want to invest in it?"

Xia Jingxing was thinking about favors, and wanted to make money from Chen Hong, so he asked this question.

Chen Hong hesitated for a moment, and said: "We are mainly doing financial consulting, and the fund's plate is not big, and we may invest you with a maximum of 10 million US dollars."

"Okay, it's fine if you have that meaning."

Xia Jingxing didn't lack the other party's funds, and he mainly valued Chen Hong's connections.

As the founder of Huayuan Science and Technology Association, Chen Hong has met not just one or two entrepreneurs, technology experts, and industry authorities in China and the United States.

Everyone gathers firewood with high flames, and if they pull each other into the group, the other party will definitely be more concerned about the follow-up work.

You can't always count on favors, because benefits are eternal.

After eating, Xia Jingxing accompanied Chen Hong to have a massage.

…………

…………

The next day, early in the morning.

Chen Hong called and woke Xia Jingxing up from the bed.

"Jing Xing, I've arrived at the door of your hotel, and I brought a friend to meet you."

"Who is it?"

Xia Jingxing got up while getting dressed, and asked on the phone.

"Don't ask, we'll wait for you in the hotel lobby, you wash up first. I said brother, you are already a boss, and you are still a boss in the United States, can you get up before six o'clock like others."

Xia Jingxing was a little embarrassed. He checked the time on his phone, and it was only seven o'clock in the morning, not too late.

However, American bosses almost always go to bed early and get up early, and a lot of them get up at three or four in the morning to run and read.

Li Jiacheng gets up at 5:59 every day, just learning the European and American style.

And Musk gets up at seven in the morning, and he is already a sleeper.

But those old men can't sleep. I am young, can I compare with them?

Xia Jingxing made a few jokes, hung up the phone with a smile, washed up briefly, and took the elevator to the lobby.

As soon as Xia Jingxing got out of the elevator, he saw Chen Hong and a man in his thirties sitting on the sofa in the lobby and chatting.

Hey, it looks familiar!

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