Wall Street Legend
Chapter 265 Simple Cell Phone
If she wanted to spend enough money to make her father feel distressed, it would probably cost tens of millions of dollars, but she didn't know if that credit card could charge that much.
Ye Dongqing's credit card is fine, but for large expenditures of more than one million US dollars, the bank will call him to confirm before deciding whether to agree to the transaction.
Maxi was an adult and could take responsibility for her actions. Ye Dongqing was too lazy to care about such things, so he nodded and told her, "Okay, but I may not have time to go shopping with you. You can take Zhao Liuli with you." If you buy some clothes or something, charge them to my account."
"You don't need to spend money. I'll give it to her as a gift. Lend me a car?"
"You've never driven in New York, have you? I'll ask the driver to drive you. The traffic conditions here are so bad that it makes the taxi driver want to cry. If you don't have good skills, you can't drive at all..."
Zhao Liuli was a little emotional about this. She was very considerate of others, so she didn't say it in front of Miss Mahi. Ye Dongqing didn't give her a chance to communicate in private. After eating, she wiped her mouth and took the elevator downstairs. Went to the company.
Tamsui Investment Group has a strict dress code. Except for the couriers and cleaning staff, almost everyone else is wearing formal attire. It is dark as far as the eye can see. As a financial company, it naturally has to be a bit imposing.
After arriving at the office, he called an assistant and handed over some business matters to them. For example, the agreement reached with Karkawi last night needed to be followed up by someone. There was also a funding request for Skype, which was in the process of developing the market. At this important stage, there are more places to spend money. Although the Skype company itself has been able to make some money, it can only be regarded as a drop in the bucket compared with the expenditure.
As soon as the coffee was delivered, Ye Dongqing saw Sohu's boss Zhang appear at the door of his office. A smile instantly appeared on his face and he welcomed: "Come in and sit down. How about a cup of coffee?"
"You're welcome. I just had a cup of coffee in the morning, and I won't be able to sleep again at night. If we can finish our talk today, I plan to fly back tonight. There are still some things at the company." Boss Zhang said with a smile, and looked at it. Looking at this office, the dark green carpet and dark green sofa are combined with a little gold, which makes it look particularly grand, especially the high-rise buildings outside the window.
"Then let's have a cup of black tea."
Ye Dongqing took the initiative and asked his secretary to help pour tea. After inviting Boss Zhang to sit down on the sofa, he said: "I have read the cooperation documents and am quite satisfied with the various terms. The main dispute now is Focus on the equity ratio, right? I invest 400 million yuan, and you invest 100 million yuan. According to the ratio, you should hold 20% of the shares, but you want 30%. I have read the information. , we can talk about it, mainly about who will contribute more in the later stage."
The pace of discussing issues as soon as they met made Boss Zhang feel comfortable and a little awkward at the same time. The main reason was that he was worried that if the conversation got too big, the cooperation talks would collapse.
He had also approached the bosses of other companies before and talked about jointly manufacturing mobile phones. Unfortunately, people felt that the technology content of that thing was too high and they did not believe that Boss Zhang could do it well. If Ye Dongqing was also rejected, what happened recently? All the hard work he had put in for a while was in vain. If he wanted to make a mobile phone with only 100 million, it was probably a bit unrealistic. Many parts had to be made directly from the factory. When the business was small, the company in Baodao simply ignored him and boasted. It is said that a total investment of 200 million US dollars will be possible to open the door.
"Yes, we have already negotiated other aspects, but your people are unwilling to let go of the equity issue. Thinking about it from my perspective, I am also very embarrassed. From the company's location to contacting the official department to handle the procedures, When we go to Baodao to contact the accessories manufacturer, I have already helped us with all these things. I will probably contribute more to the subsequent management, so it’s not too much to get more shares, right?”
Boss Zhang speaks English very fluently, and his years on the east coast of the United States were not in vain.
One point of equity can involve a lot of money. At present, it is five million yuan, let alone ten points. Ye Dongqing took a sip of coffee and did not answer the question for the time being. He changed the subject and asked, "Semiconductor retail." What’s going on with the component manufacturers, you’ve already contacted them?”
"We are almost connected, but unfortunately the technology is only average. In the early stage, it is definitely incomparable with mobile phones of Motorola, Nokia and other brands. The advantage is that the price is cheap. Think about it from another angle, if the price is high, people will buy Motorola and Nokia , Siemens and other companies’ mobile phones, who will buy our mobile phones, do you think this is true?”
Ye Dongqing nodded, acquiescing. He also felt that in a country like China where the economy has not yet developed but the consumer market is huge, it is more appropriate to sell high-quality and low-cost mobile phones. After the market is spread, it will not be possible to develop high-end mobile phones. It’s too late, not to mention that smart phones will appear in a few years and quickly dominate the market. Fool-like phones are just a one-time deal, suitable for making quick money.
Boss Zhang continued: "There's something you may not know. It's not much trouble to contact accessory manufacturers. Just contact a few companies. Last year, there was a company in Baodao called MediaTek. It launched a certain mobile phone solution The plan is to start selling various accessories needed for mobile phones. This company can also manufacture mobile processor chips. As long as you have money, you can buy a bunch of mobile phone parts from it and assemble it, and then change the shape to be our company's own mobile phone.
We are mainly responsible for assembly and sales, and then we go crazy with advertising and promotion. In fact, the money invested is mainly used in advertising, selling everything from motherboards, chips, speakers, buttons, casings, antennas, batteries, etc. You can get special customization for money, and you can get free customization for large batches. It's really possible. I saw them assemble several mobile phones with these parts in front of me. "
Ye Dongqing didn't know much about this industry, and it wasn't until this moment that he realized that mobile phones could be manufactured in this way. It sounded very good, and he continued to ask: "If all the funds and other funds are in place, how long will it take to bring the product to the market?"
"About...two or three months, no more than four months at most. You can also buy production lines from them. As far as I know, someone has already contacted this company. The good news is that the company is not big in scale. Wait until others respond. If we come here, we will have to face competition. The cost is about 600 to 700 yuan, and it can be sold for 1,500 yuan if resold. Where can we find such a good business?
Nowadays, the market is full of foreign products, and most of them sell for more than 2,000 yuan. As long as the appearance is more refined, our products will definitely sell out. If we build more than ten or twenty production lines, once the workers become proficient, the assembly speed will be very fast. Go up, and purchasing in bulk can also reduce costs..."
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