Chapter 881: Mobile Phone Development Is Not Easy, Little Thoughts (Two in One)
Silicon Valley.
Sun Electronic Communications Corporation.
Blockbuster's financing was being discussed by his subordinates. After handling the affairs of other companies in Los Angeles, Lin Baicheng came to Silicon Valley first.
After the inspection has dealt with several companies in Silicon Valley, if Blockbuster's financing is still being negotiated, then Lin Baicheng will go to New York, where he also has property.
Among the companies in Silicon Valley, Lin Baicheng's most important ones are Sun Electronic Communications Company and Galaxy Semiconductor. It doesn't matter which company he goes to first, but this time he went to Sun Electronic Communications Company first.
Sun Electronic Communications Company does not produce any products. The company's laboratory is digesting and developing mobile phone technology, which is the mobile phone of the future.
It is true that Sun Electronics Communications acquired mobile phone technology from Bell Labs, but after the technology acquisition, the company's R&D personnel still have to digest these technologies, so that they can continue to develop on the original technology.
Fortunately, many R&D personnel at Bell Labs regard mobile phone research and development as their lifelong goal. Therefore, Sun Electronics Communications hired many people from Bell Labs, so it did not take too long to complete the technology. Digestion.
Nowadays, Sun Electronic Communications Company has already begun in-depth research and development of technology.
As the company's vice president and head of the laboratory, Yoel Engel naturally followed Lin Baicheng when he came to the company. At the same time, he reported to Lin Baicheng some of the company's affairs, mainly focusing on the progress of experiments.
"When will a mobile phone be developed?"
Lin Baicheng asked Yoel Engel.
"Chairman, the mobile phone has actually been developed."
Yoel Engel replied: "It's just that the cost is too high and it can't be put on the market at all."
"I also know this. What I want is for mobile phones to be commercialized."
Lin Baicheng naturally knows this. Just developing a mobile phone is not enough. If the cost is too high, not many people can afford it, and revenue and profits cannot be guaranteed, so there is no point in launching it into the market.
In the final analysis, the purpose of selling mobile phones is to make money, not to change society. If selling mobile phones does not make money or even loses money, then it makes no sense.
Therefore, the commercialization of mobile phones is very important.
"Chairman, this is difficult."
Yuel Engel heard this and explained: "Bell Labs actually developed a mobile phone, but the cost was too high. Later, they kept trying to find ways to reduce the cost, but there was not much progress in a few years. This is Bell Labs. Or the important reason why telephone and telegraph companies are willing to sell mobile phone-related technology patents.”
"One thing I have to admit is that although we have poached some people from Bell Labs, we are still incomparable to Bell Labs in terms of staffing. The strength of the R&D team there is better than ours, so if we want to Reducing the cost of mobile phones to the point where they can be commercialized is not an easy task and requires preparation for long-term research and development.”
Yoel Engel did not dare to take over everything and speak out about the difficulties, lest he be dismissed soon after taking office.
"I know this is not an easy task, but don't forget that it is not only our company that is developing mobile phones, but also Motorola. If Motorola develops mobile phones before us, then the company's products will not be able to occupy the market. So easy."
Lin Baicheng certainly knows the difficulties involved, but the mobile phone project is not without opponents, and Motorola is the strongest opponent. As long as nothing changes in the future, Motorola's mobile phones will be commercially available in the market in 1984.
It is now 1981, and it is only about three years since 1984. It is not long or short, so Sun Electronics Communications Company must step up its pace.
"Also, I have invested so much money in the company. I believe that even Motorola may not have invested as much as me. If in this case, your research and development speed is not as fast as Motorola, then it will It just doesn’t make sense.”
There is a huge gap between the first brand to launch mobile phones and the second brand to launch mobile phones. Lin Baicheng does not want the company he invested so much money to end up lagging behind Motorola. That would be a huge loss.
Yoel Engel immediately said: "Chairman, I understand what you mean, and we will definitely do our best."
"As long as you understand."
Nodding, Lin Baicheng said: "The company now only has a vice president but no president. This position of president is prepared for you, but you must also make achievements. I hope to see the company's mobile phones compare favorably with others." Enterprises can use it commercially and launch it into the market earlier.”
"Thank you, Chairman, for your consideration!"
Yoel Engel was overjoyed when he heard this. Of course he wanted to go one step further and become the president of the company. However, he also knew that if the company's mobile phone was later commercialized than other companies, then the position of president would definitely have nothing to do with him, and it would even be unclear whether he could keep his position as vice president.
"Let's go to the laboratory and have a look."
Lin Baicheng nodded and said no more. He had almost said what needed to be said, and there was no point in saying more.
Then, Lin Baicheng went to the laboratory accompanied by Yoel Engel and looked around the entire laboratory without disturbing the researchers' research and development.
Lin Baicheng communicated with some of the more important professors and doctors to ensure that they had no problems in life and could devote themselves to research and development.
Sun Electronic Communications Company is now seeing only investment but no income. Lin Baicheng has long been mentally prepared for this. The company's total investment of 500 million US dollars is no joke. Even if it costs a lot of money to acquire technology patents, the rest The money is enough for the laboratory to use for several years.
If nothing else, the money in the company's account is enough to commercialize the mobile phone, unless the laboratory cannot commercialize the mobile phone in three or four years.
If that were the case, in addition to injecting capital into the laboratory again, Lin Baicheng would definitely make adjustments to the R&D team, because the R&D team at that time could no longer gain his trust.
Lin Baicheng stayed in Silicon Valley for a total of two days.
Two days later, Lin Baicheng left Silicon Valley and headed to New York.
Lin Baicheng, who had just arrived in New York and learned that Isabella was also in New York, went to find her.
Since establishing his relationship with Isabella, Lin Baicheng gave Isabella a villa in New York as a gift. Although it was valuable, to Lin Baicheng, it was not a large amount that he could afford to give away.
As for why he didn't give Isabella a villa in Los Angeles, it was naturally because Isabella had a villa in Los Angeles herself, so Lin Baicheng didn't need to give it to her.
"Bella, what do you want to do when you come to New York this time?"
"There are some things about the company that need to be dealt with."
Isabella replied and took the coat that Lin Baicheng took off to the hanger to hang it up.
Nodding, Lin Baicheng did not ask in detail, but asked: "How many days are you planning to stay this time?"
Isabella replied: "I will stay until the weekend. I will go back to Los Angeles on Sunday night."
"Today is Thursday, so we'll be here for another two or three days."
After hearing this, Lin Baicheng said: "I may stay here for a few more days. After I deal with the matter here, I will see whether I go to Washington or go back to Los Angeles."
After all, Lin Baicheng hasn't been here for more than half a year. He can't cut off his connections in the United States, especially with the Elephant Party. He finally became Reagan's big benefactor. Now that Reagan is in power, it's the time to reap the rewards. Of course he can't cut them off. Established contact with everyone in the Xiang Party.
Therefore, since he came to the United States, Lin Baicheng must keep in touch with everyone in the Xiang Party to maintain connections.
Isabella said: "Ellen, I will go with you then."
"fair enough."
Lin Baicheng thought about it and thought it was okay.
As for the connections in the United States, Isabella is now representing Lin Baicheng. It might as well bring Isabella with me this time. What happened to Reagan, Bush Sr. and others during this time? Isabella will be better than Lin Baicheng knows better and can remind Lin Baicheng when the time comes.
"Ellen, do you have any plans for the weekend?"
Isabella said: "If there are no arrangements, how about we call Vivien and go camping in the countryside together?"
"There are currently no arrangements."
Lin Baicheng thought for a while and said, "If there are no arrangements by then, then let's go camping together."
The relationship between men and women also needs to be maintained. It is rare to have time and Isabella is by his side. Lin Baicheng is naturally willing to take time to accompany her.
"Then let's settle it first."
Isabella immediately said that if possible, she would rather be alone with Lin Baicheng, go shopping or camping together.
However, Isabella decided to bring Vivien Kelly with her this time, and of course there was a reason for this.
Isabella and Vivien Kelly are best friends, and now she has established a relationship with Lin Baicheng. Isabella naturally hopes that her best friend Vivien Kelly can go further and become the president of the Golden Fleece Company or even go further in the future. A high position so that Vivien Kelly could help her when the time came.
It is up to Lin Baicheng to decide whether Vivien Kelly can become the president. Although Isabella can say something nice to Vivien Kelly, she is still separated by a layer, and there is also the competitor of Haruko Mouri. If the time comes, Maori Haruko caused trouble and the two were equal, which meant that she couldn't help Vivien Kelly and could only rely on Vivien Kelly herself.
It is uncertain whether Vivien Kelly can become the president of the Golden Fleece Company by herself. After all, the other managers of the Golden Fleece Company are also very good, and they have age and work experience advantages over Vivien Kelly.
Therefore, whether Vivien Kelly can take the position mainly depends on whether she can be recognized by Lin Baicheng, which is very important.
Since everyone has similar abilities, Vivien Kelly is more recognized by Lin Baicheng, the big boss, and is naturally more likely to rise to the top.
In order to get Lin Baicheng's recognition, he must at least have a deep impression of Vivien Kelly, remember her, and appear in front of Lin Baicheng from time to time.
In order for Vivien Kelly to leave a deeper impression on Lin Baicheng, if there was a chance, Isabella would of course find a way to make Vivien Kelly appear in front of Lin Baicheng more often. It would be better to communicate in private.
In this way, when everyone has similar work abilities, Lin Baicheng is more likely to promote Vivien Kelly.
the next morning.
Lin Baicheng went to the Golden Fleece Company. Among the companies in New York, the Golden Fleece Company was the largest and most important.
Currently, Lin Baicheng has not provided additional funds for Golden Fleece Company to operate, and has not taken any action in the futures market. Golden Fleece Company operates according to each manager's own plan.
Although Lin Baicheng did not provide additional funds for the operation of Golden Wool Company, the current total assets of Golden Wool Company have exceeded 1.5 billion US dollars. Although this number is not a giant in the capital market, it is not a small number either. It is definitely not a medium-sized number.
Now is not thirty or forty years later. Those Wall Street institutions have tens of billions of US dollars in management scale. There are also many institutions with hundreds of billions of US dollars in management scale, and even several institutions with trillions of US dollars in management scale.
Times are different. The Golden Wool Company, which currently manages more than one billion US dollars in assets, is not a small institution on Wall Street.
After arriving at the company, Lin Baicheng chatted with several managers.
When talking with Vivien Kelly, the two inevitably talked about the fund managed by Vivien Kelly. This fund is operated by Vivien Kelly. Lin Baicheng did not have any guidance. Whether it can make money and how much it can make depends on Vivien Kelly's ability.
Last year, the profit of this fund was not low. After deducting the commission, there was still 23% of the profit left, which made investors very satisfied.
The reason why there was such a high profit last year was that Vivien Kelly took out part of the funds to participate in the investment in crude oil, but she did not use leverage and did not invest in full positions, so the profit was not too much.
Despite this, the fund managed by Vivien Kelly had a considerable return last year.
This year, the operation of the fund depends entirely on Vivien Kelly herself, but now more than half a year has passed, and the performance of the fund is not ideal.
As of the first half of the year, although the overall return of the fund is positive, it is only a little more than 6%. If the return in the second half of the year is the same as that in the first half of the year, the overall return will be only a little more than 12%, and the return to investors is probably less than 10%.
Last year's return was 23%, but this year it is only 10%. Obviously, investors will not be satisfied, and it will definitely affect Vivien Kelly's reputation.
Vivien Kelly herself must also want to make good results. This is not only related to her reputation, but also to her income. After all, she can get a lot of commissions from the fund's profits.
Lin Baicheng did not say much about Vivien Kelly's fund investment, but just asked Vivien Kelly not to be too aggressive in investment, especially in the current situation. He was worried that Vivien Kelly would lose her calm judgment in order to increase returns in the second half of the year, and thus take risks, resulting in aggressive investments that would not make money but instead lose money.
If that were the case, it would be bad, after all, the fund belonged to the company, and the loss of the fund would definitely affect the company's reputation.