Chapter 113: Give you a bowl of poisonous chicken soup
Thinking of this, Li Feng was a little proud and a little lonely.
"Hmph, Deng Wentao, you little brute, you are thinking about buying our company again, tell you, there is no door!" Zhou Shanshan's crisp voice came from behind him.
Looking back, I saw Deng Wentao coming to Zhou Shanshan's side again, as if he was chatting about something.
This greasy and obscene man is really a versatile.
Only then did Li Feng remember that Jiahe Electronics, as one of the largest electronic product manufacturers in China, had been eyeing Paper Communication Technology Company in Xianhu City.
In terms of scale, Jiahe Electronics is far above Paper Communication Technology.
As the largest digital product manufacturer in South China, Jiahe Electronics has always had a grand plan to go north to occupy the whole country.
However, the northern market has always been the weak point of Jiahe Electronics, and even dragged down the market share of Jiahe Electronics in the country.
Due to the constraints of geographical conditions and cultural differences, Jiahe Electronics is very difficult to expand in the northern market, and the focus of this stage is to project production capacity to the northern region.
If you want to set up a factory in the north, on the one hand, the investment is very large, and on the other hand, the construction period is long, which is actually not cost-effective for the ever-changing digital industry.
And the most time-saving and effective way is undoubtedly to acquire.
At present, there are not many companies in the field of digital electronics in China, especially those with high-end manufacturing capabilities. As a second-rate manufacturer of the same kind in China, Paper Communication Technology can not only enrich the product line of Jiahe Electronics, but also add a lot of production capacity to it, which is the best choice for Jiahe Electronics.
Therefore, Jiahe Electronics has always regarded the acquisition of Paper Communication Technology as the focus of its northbound strategy.
However, Zhou Haichao is not willing to be subordinate, and in the past two years, Paper Communication Technology has greatly improved both its technical content and manufacturing capacity, making the company have the potential to become one of the top lines in China.
So even if Jiahe Electronics' quotation has been repeatedly raised, Zhou Haichao is still unmoved. He has always believed that his communication technology will one day be on an equal footing with or even surpassing Jiahe Electronics.
It's just a pity that Paper Communication Technology did not seize the historical opportunity, but missed many important time nodes for the iteration of electronic products, resulting in a lag in the update of Paper Communication Technology's products and continuous destruction of its brand image.
Eventually, due to the gradual decline in the performance of Paper Communication Technology, about three or four years later, it was acquired by Jiahe Electronics as a whole and became a wholly-owned subsidiary of Jiahe Electronics.
From this point of view, Deng Wentao finally became Zhou Haichao's superior, a well-known high-tech entrepreneur in Xianhu City, who was only a second lord in the end, which is a bit ironic.
Li Feng turned his head to look behind him, and saw that Zhou Shanshan had been sitting behind Li Feng, and as for Deng Wentao, he took advantage of the break in the venue to come to Zhou Shanshan.
This Deng Wentao is also miserable enough, it's just annoying, not only Lin Yuting hates him very much, but even Zhou Shanshan doesn't like it.
The Deng family and the Zhou family are engaged in electronic and digital products at the same time, and they have always been competitors.
However, the scale of Jiahe Electronics is much larger than that of Paper Communication Technology, and it is one of the leading industry companies in China. As for Paper Communication Technology, it is still a second-rate company in China and can only be regarded as a well-known enterprise in East China.
In fact, Jiahe Electronics has long had the intention of acquiring Paper Communication Technology, but in the past two years, the performance of Paper Communication Technology has grown rapidly, and the head of Zhou Haichao is of course unwilling to sell his own business, even if Jiahe proposed to invest in the cooperation, but also rejected by Paper Communication Technology.
This also made Deng Wentao's father Deng Liangcai very annoyed, and during this time, he also began to suppress the strategy of Paper Communication Technology.
Li Feng looked at Deng Wentao, who was covered with oil, and still didn't seem to give up his bad lobbying work.
"Shanshan, you go and talk to your father, if you are still not satisfied, we will add another 100 million on the basis of the original quotation, and at the same time let your father serve as the vice president of our Jiahe Electronics. Deng Wentao said.
As the birthplace of Deng Liangcai, Xianhu City actually hopes to return to his hometown, but after going to Guangdong for so long, and now his hometown has been occupied by an emerging Paper Communication Technology, it is not easy for Jiahe Electronics to occupy this strong fortress.
Therefore, Deng Liangcai hopes to incorporate Paper Communication Technology into his command through acquisitions, so that Jiahe Electronics can quickly open up the East China market and even establish its dominance in China in one fell swoop.
Li Feng knew that the reason for the rapid decline of Paper Communication Technology was related to their strategic mistakes back then.
At that time, although Paper Communication Technology had made some gains in the field of mobile phones, it chose to reduce its investment due to fear of domestic and foreign giants, and instead moved into the MP3 field.
As a result, with the advent of Apple's revolutionary MP3 product iPod, and the high-quality new products launched by major giant companies, Paper Communication, which lacks follow-up R&D capabilities, has suffered heavy losses.
"Mr. Deng, I think you don't realize the significance of mergers and acquisitions, and you are making blind investments. Li Feng turned around and said to Deng Wentao unhurriedly.
"Oh, to put it lightly, do you have a high opinion?" Deng Wentao clasped his hands to his chest, crossed Erlang's legs, and his tone seemed a little impatient.
"Paper Communication's strength is mobile phone manufacturing, while Jiahe Electronics is in full bloom. Li Feng said, "Jiahe Electronics has invested a lot of money in the acquisition of mobile phone manufacturing enterprises, and other aspects will inevitably be restricted." Everyone knows that the mobile phone manufacturing industry is currently the world of foreign brands, and the living space of domestic mobile phones is very limited, and the front line is still increasingly compressed, but MP3 is the real emerging field in the future. ”
At the beginning of the 21st century, MP3 is indeed a very promising field, no more than more than ten years later, with the advent of smart phones, the function of listening to songs has been completely replaced by mobile phones, MP3, a specific industry of an era, has almost disappeared like BP machines before it.
Deng Wentao was stunned for a long time, feeling that Li Feng's words were not unreasonable.
The competition in the mobile phone market is very fierce, and the biggest problem of domestic enterprises is the lack of independent intellectual property rights, and a large number of patents in the field of communication are monopolized by foreign companies.
Therefore, in order to produce mobile phones, it is not only necessary to invest a lot of money to purchase patent licenses from foreign counterparts, but also to be unable to do so in the face of foreign mobile phone competition.
Foreign brands such as Nokia, Motorola, and Ericsson are now invincible in the domestic market.
Correspondingly, the market share of domestic mobile phones has not only not grown in recent years, but has continued to shrink.
"Hey, boy, you said it lightly, why do you think MP3 is the real emerging field?" Deng Wentao was convinced but unconvinced, and his words were sharp.
"Your question is very amateurish. Li Feng first said, and then said, "In the field of mobile phones, almost everyone knows well-known brands such as Nokia, Motorola, and Ericsson. But what about MP3, can you quote a few brands that everyone knows? It's an oligopoly market yet, but the market demand is huge, and the most enticing thing is that there are no technical barriers to making MP3, and you don't need to waste a dime on buying patent licenses. ”
Li Feng's analysis is quite professional, in a few words, he has already analyzed the characteristics of the MP3 industry, as long as a person with a little business acumen, after listening to Li Feng's analysis, he can immediately come to the conclusion that MP3 is the field that can really make a lot of money.
But who would have thought that the iPod of Apple in the United States would turn out and quickly become the absolute hegemon in the MP3 field.
Therefore, Li Feng gave Deng Wentao a bowl of out-and-out poisonous chicken soup today.