Wall Street Legend
Chapter 266 Simple Cell Phone (2)
It sounds pretty good.
The profit prospects are good, the investment is small and the results are quick, and it is backed by such a huge market. With Sohu and Tencent for promotion, if the quality and price are acceptable, it should not be a big problem to open up sales.
The mobile phone manufacturing company he is planning to invest in is quite good. In Ye Dongqing's opinion, the company called MediaTek is even better. If this business is developed and it controls the mid-to-low-end mobile phone original parts market, it should be very profitable. , it’s a pity that Ye Dongqing knew that the fool’s machine would not be popular for a few years. Otherwise, he could really try to invest. Maybe he could make some quick money in the past few years, wait four or five years after investing, and then withdraw after making a fortune. .
In fact, he doesn't think he can cooperate with Boss Zhang for too long. When the smartphone appears, if he notices something is wrong, he will definitely sell it and cash out immediately. After all, unlike Apple, which has many patents and R\u0026D capabilities, It can give him the confidence to hold it for a long time.
Of course, he would not be stupid enough to tell Boss Zhang these things. He was thinking about some of the problems he had noticed during the conversation. The main thing was to pay attention to the company called MediaTek and get the equity ratio that best suited his interests.
Boss Zhang was talking about how easy it was, which made Ye Dongqing want to leave him alone and go it alone. However, it is not that easy to get a communications license. It is better to form a joint venture with a local Chinese company. This is also the case for American multinational businessmen today. Their consensus is that they are worried that pure foreign investment will cause problems in the future. It has just been a long time since joining the WTO, so it is normal for investors to worry about policy changes, and it takes time to build confidence.
"Is the mobile phone produced in this way reliable? Look at my mobile phone. It is currently one of the most exquisite models in the world. It doesn't matter if it doesn't reach this level, but it can't be too bad. Mr. Zhang, have you brought a prototype?"
Ye Dongqing raised his own doubts. Four hundred million yuan is not a small number. When converted into US dollars, it is almost fifty million US dollars. The cost of investing in Tencent at that time was only slightly more than this amount. He did not want to end up with it. Even the cost cannot be recovered.
"This mobile phone of yours... looks high-end. Even if it only sells for 5,000 yuan in China, most people would be reluctant to buy it. We are positioning it as a mobile phone for ordinary people, the kind that can be bought with only one or two months' salary." ." Zhang Chao opened his briefcase and took out a white box, which had already been opened.
When I came to discuss cooperation with Ye Dongqing, how could I not bring the sample with me? He helped open it and took out the phone and told me: "MediaTek gave me three prototypes. This is one of them. I gave the other two to my secretary." After trying it out, they told me that it works pretty well. It has all the functions it needs to make calls, send messages, address books, computers, etc. MediaTek will next make a second-generation phone that can play music and have recording functions. product."
The shape can only be considered average, not ugly, but not good-looking either. It has an antenna on it and is neither a flip nor a slide. It is an ordinary mobile phone with red decorative stripes on the side. It just looks ordinary.
The product that changes the world is in Apple's laboratory, and it will take some time to be developed. Ye Dongqing doesn't need MediaTek's phone to be beautiful, it just needs to be accepted by consumers. Considering the low price, It is indeed a pretty good product, with a black and white screen and relatively large fonts. After the back cover is removed, you can see the battery and the groove for inserting the card.
In recent years, mobile phones have been updated very quickly. When Ye Dongqing first bought a mobile phone in 2002, there were very few products to choose from. In the end, he bought a Nokia mobile phone to make do with it, and later switched to the local Vertu phone. , Panasonic's flip phone with a zoomable camera has leaked actual photos and will be released soon. Rumors of a Sharp phone that supports optical zoom are also about to be released. Jobs mentioned it to Ye Dongqing and said that he was contacting Sharp. If you talk to them about technology licensing, you will probably have to purchase mobile phone camera components from Sharp.
Although these mobile phones that currently occupy the top spot in the industry are excellent, their shortcomings are very obvious - the price is too high. On the premise that it has all practical functions, the mobile phone in Ye Dongqing's hands should be more popular. After all, it can save money. For a large sum of money, calls and text messages are the two most important functions of current mobile phones, and MediaTek's products have them all.
"If we can put more effort into the material and appearance of the casing, it should be able to achieve some success in the mid-to-low-end market. It mainly depends on how to promote and sell it. After-sales maintenance must also be done well."
When the topic changed, Ye Dongqing put the phone on the coffee table, raised his head and continued: "Of course, the cooperation agreement has not been signed yet, so it is a little early to talk about these issues. Thank you for your efforts, so I can give you one more Point, the same investment ratio will increase your equity to 21% at most.
Maybe you will say that you will devote more time and energy, but I cannot be idle. I will open up the international market after the factory is started. I will definitely contribute more in this aspect. You should know that I am fully capable. Go it alone. Now there are more than one or two companies developing the mobile phone manufacturing industry in mainland China. I have also been in contact with other companies. If you sign a contract with me first, you can get the money immediately to start construction. Maybe the market will be big enough for us to contract the production capacity of MediaTek. , sell mobile phones to Southeast Asia, India, Europe, and Canada. Consumers in these countries also need cheap mobile phones, and I have the ability to achieve transnational operations. "
A one-point concession is far from the number that Boss Zhang imagined. In fact, it is not that far away. It is about four points. His original estimated bottom line is 25%.
When he heard Ye Dongqing say the following words, he immediately swallowed the word "low". It was only now that he realized that his appetite was still small. In the past, his eyes were only on China, and he never thought about selling to other countries. I am thinking about the sentence "MediaTek's production capacity is included". So far, only MediaTek has launched this mobile phone manufacturing service solution, which means that it will not even find competitors in the short term. If it is successful, it can make money. How much?
Just thinking about it makes me drool.
And he found that Ye Dongqing really didn't need him very much. He had no experience in selling and producing mobile phones across borders, and he didn't have enough start-up capital. He immediately began to worry about being left behind. There was no one in the mall, and there were pitfalls everywhere. Looking at 21% of the shares, it seems pretty good.
In just a few seconds, Boss Zhang calmed himself down and stopped putting on airs. He stood up, stretched out his hand and said with a smile: "Deal!"
…
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