253 San Francisco Electronics Show
"Shares?" Welch asked with a smile, "How much is Mr. Xu going to invest?"
"It's not clear yet, it's about $500 million!" Xu said.
"$500 million?" Welch also glanced at Xu Zhi deeply, he didn't expect the other party's financial strength to be so amazing, plus the funds for the acquisition of RCA's TV business, this one-time investment is $1 billion. After thinking for a while, he said: "Mr. Xu, the board of directors will not accept a Chinese director, and a large number of GE's business involves national defense and security, and the Ministry of Commerce will not agree, which is completely different from the TV business." ”
Xu Zhidao: "I didn't want to enter the board of directors, this is just a pure business investment, I hope that GE can do a private placement of shares for me, 3%-4% is enough, I don't ask for any management rights." ”
"Is that all?" Welch was a little surprised.
"Yes, that's right!" Xu Zhi nodded in confirmation.
"Well, if that's all there is to it, I'll bring this up to the board when I become CEO. Welch agreed.
"Then I wish us a happy cooperation!" Xu Zhi smiled happily.
The 80s was a golden era, and countless electronics and software giants in later generations are now in the bud, and investing in these companies will inevitably return well if they wait for more than ten years.
However, the downside is that the wait time for returns is too long, and it cannot accommodate hundreds of millions of dollars in capital.
In traditional industries, there are companies that are large enough and extremely successful, and GE is one of them.
In 1981, at the age of 45, Welch became the youngest chairman and chief executive officer in GE's history. The combined business, the company's market value also rose from $13.1 billion in 1981 to $507.7 billion in 1999, an increase of nearly 40 times in 18 years, which is an extremely rare rate of return in the traditional field, not to mention that even in 81 years, the size of General Motors is an extremely large company, and the larger the company, the less room for improvement, but this is obviously not suitable for Welch, the legendary CEO.
Of course, 18 years is too long, but only 81-83 years 2 years, GM's market value doubled to 26 billion US dollars, and 81 years is the peak of Xiangjiang real estate, Evergrande and Hutchison A large amount of money will be cashed out, Xu Zhi is ready to transfer to the United States, invest in some traditional enterprises with higher returns, GE is one of the best choices, if the other board of directors does not agree to the capital increase plan, then slowly in the stock market acquisition, but this will delay a lot of time, but also cause the stock price to rise.
At the same time, this period of time is the time period when the Hong Kong dollar exchange rate plummeted, raising Hong Kong dollar funds from Hong Kong, not only can avoid exchange rate losses, but also make a lot of dollars, and so on 83 years later, the Hong Kong real estate crisis will fall to the bottom again, and the funds cashed out in the United States can go back to invest in a wave, whether it is the stock market or real estate.
......
On October 18, Oakland, the eighth largest city in California, in the eastern part of the San Francisco Bay Area, held a major electronics exhibition here.
As the world's largest game company, Midea naturally rented a prime space here to display its latest arcade games, home consoles and Gameboys, while on the other side of the pavilion were several of the latest personal computers.
"Hey, what's wrong with this computer?" asked a white man in his 30s, looking at the glorious split computer.
White is a computer enthusiast and a journalist, and his biggest hobby is to collect information about various computers, sort it out and publish it, because computers are a new thing, and most of them are not very well understood, so his manuscript income is not bad.
Tony is the sales manager of Midea's branch in the United States, and when he saw someone visiting, he immediately greeted him with a smile: "Hello, this is our latest product of Midea's company, the Honor 1 series personal computer. ”
White asked, "Why is the structure the way it is?"
Tony replied: "This is our company's latest design, split computer, the traditional all-in-one because the main chassis and the screen are integrated, considering the weight and volume factors, the design of the internal electronic components of the main chassis is very unfriendly, in which the heat dissipation problem is extremely serious, and we separate the main unit from the screen, so that the space inside the host is no longer very limited, and this design also has the advantage that the fan noise of the host will not affect the user." ”
"It's really good!" White thought about it carefully and found that it made sense, the popular computers on the market now are all-in-one, in the summer, the heat dissipation problem is very troublesome, after a long time, the keyboard on the main chassis will become very hot, and the fan sound inside the case will often make people irritable, this split design does avoid these two problems.
Tony added, "Sir, please be seated." ”
"Thank you. White sat down in front of the computer.
"Another benefit of our company's design is that it fits perfectly into the height of a normal desk and chair, so that the average person can sit on the chair and look up at the screen without having to tilt his head slightly," Tony said. ”
Huai nodded his head, this is not bad, although the height of the all-in-one computer is only a little higher, but it is always uncomfortable to tilt your head for a long time, if you want to avoid it, you can only rematch the seat height, which is no problem at home, but if it is in the company, it is a troublesome thing.
"Is this a mouse?" asked White, pointing to the mouse in front of the screen.
"Yes, this is also our company's latest design mouse, which is in line with the structure of the human hand, and it is very convenient to use!" Tony introduced with a smile: "Ordinary computers don't need a mouse, but our Honor computer carries a lot of games, and these need a mouse to cooperate!"
"What game?" asked White, curious.
"This one. Tony typed in a few codes, opened the game software, and said, "This game is called Plants vs. Zombies, you can play it first." ”
"Okay!" White glanced at the interface and thought it was good, and quickly got started with Tony's introduction.
......
"You should summon one more flower......"
"Stones are more important......"
White had a lot of fun, and it also attracted a group of onlookers, Plants vs. Zombies is a fool's game, and you will understand the gameplay after watching it for a while.
Finally, the zombie crosses over the plant area, and the game ends.
White rubbed his shoulders and realized that he was a little addicted, so he got up and walked over to Tony and asked, "What's the price of this game's floppy disk?"
Tony politely replied, "Sorry, this game is not available for sale at the moment, only Honor PCs will have this game!"
"Understood, this is your sales strategy!" Huai Ling nodded and smiled, although he is addicted to computers, but he has also heard of Midea Company, after all, there are also "Tank Wars" and "Xiangjiang Cube" game floppy disks on the current market, but these games can be installed on any computer.
"Sir, you may be mistaken, Plants vs. Zombies is extremely demanding on the configuration of computers, and most personal computers on the market today do not meet the requirements for smooth operation, and forcibly installing them on some computers will only reduce the fun of the game," White explained.
Moreover, this game requires the cooperation of a mouse, and there are very few personal computers on the market today that are equipped with a mouse. ”
"I see!" Huai nodded and asked again, "What is the price of this Glory?"
"Our Honor 1 series has a total of two options, corresponding to 16MB of RAM and 32MB, $2199 and $2699 respectively, this is the global terminal retail price, all the same!" Tony quoted.
"So expensive?" White frowned, knowing that the Apple 2 computer was only about $1,500.
Tony smiled: "Sir, first of all, our CPU is the latest product of Motorola MC68000 processor, which is currently the most advanced processor in the world, and this kind of chip is used only in industrial or workstation computers.
Second, our computers are already equipped with the most basic forms, word software, and a lot of games, which are not cheap if you buy them separately. ”
"That being said, it's still too expensive!" White said.
Tony smiled: "Sir, if you don't need a state-of-the-art computer, our Midea company also has another model, which is the C64 personal computer from our wholly-owned subsidiary, Commodore. ”
White followed the introduction, and it was an all-in-one personal computer, and from the nameplate next to it, it was just a computer with ordinary configurations.
"The C64 costs only $699, and it also has basic operating software, and the game comes with Xiangjiang Cubes and Minesweeper Solitaire and so on. ”
"That's a good value for money! Looks like my manuscript has content!" White began to ponder.