Chapter 526: Unstoppable

After the excellent performance test report of the new generation M64-1620 developed by Sun Microsystems, the number of manufacturers applying for kernel authorization and preparing for commercial use in the MIPS ecological chain has increased a lot.

According to the model of R&D amortization principle to approve the license fee, because there are a few manufacturers applying for the commercial use of this new processor, Sun Mobile Computing can now basically recover all the costs it has invested in chip research and development through the core license fee of this processor.

Although in the server market in the future, Sun Mobile Computing will encounter some homogeneous product competitors, and some manufacturers who have applied for M64-1620 core authorization are also ready to use it in their own servers.

However, relying on its own brand advantages and global marketing channels, Sun Mobile Computing has greatly reduced the cost of R&D expenses after amortization, and is not afraid of competition.

This authorization is not like the SPARC Open Alliance, where everyone can crowdfund together to gather a batch of chip needs and amortize the cost of one-time manufacturing.

Most of the authorized manufacturers do not directly produce this core, but directly use this core to integrate into their own special application processors, in which in order to meet the special requirements of the application, they also need to add some of their own special DSP circuits or other circuits to form their own product design and mass production.

Without a large number of applications as a foundation, this model is obviously difficult to sustain. So there isn't much to worry about in solar movement calculations.

However, even if customers get the core to directly produce general-purpose processors for use, these customers believe that few manufacturers can compare with the shipment scale of Sun Mobile Computing in terms of mass production. The cost of foundry costs is closely related to the scale, so the solar movement calculation actually has a relative cost advantage in disguise.

In this case, these customers might as well directly purchase the chips provided by Sun Mobile Computing, so that Sun Mobile Computing can regenerate a sum of income through the premium of the chip.

Now, after moving the main R&D center to the Asia-Pacific region, the overall R&D cost of Sun Mobile Computing is much less than that in the United States, and the licensing fee is amortized, and part of the chip sales are also recovered, and the high R&D cost is greatly alleviated at once.

For a purely commercial company like Sun Mobile Computing, this is the best mode of operation right now.

In the future, the MIPS architecture server industry will have more and more advantages with the maturity of the MIPS ecological chain, so that the solar mobile computing, which monopolizes the source of technology, can rely on this new ecology to eat the most profitable piece.

Once this trend is formed in the future, the momentum of the development of solar mobile computing, which is the core of the source, will be unstoppable!

Whether this new business model can last for a long time in the future and whether it truly forms a new MIPS ecosystem with vitality depends on the development of the next five years.

At least from the current beginning, the first step in solar movement computing is now very smooth.

The SPARC T2 server, which was mass-produced by the SPARC Open Alliance, has regained a competitive cost advantage in the international server market due to the significant reduction in the cost of a single processor and the need for huge R&D expense amortization, which is cheaper than the PowerPC lineup.

In the field of RISC servers, SPARC series servers can now continue to love and kill each other with the PowerPC camp, Sun Mobile Computing's open SPARC has not had much impact on its own revenue, and the new quarterly server revenue has crossed the company's original $4 billion line, and the quarterly net profit exceeded $400 million for the first time after the crisis!

That's not easy to do with Sun Mobile's large workforce that didn't make mass layoffs after the acquisition.

The open SPARC ecosystem is growing strongly, and despite the addition of new competition from SPARC-compatible providers, SOL Mobile Computing is also profitable in the much larger market.

PowerPC's market share began to decline slowly. This is not good news for RISC traditional server giants like IBM.

Judging from the news close to IBM's senior management, IBM has begun to seriously consider licensing POWER IP licenses to third-party companies and forming a new OpenPOWER alliance.

If this is the case, it means that IBM is ready to build a new ecosystem like MIPS in March 2004 when it released its "Power Everywhere" strategy and open up the PowerPC bus architecture and server specifications.

From the perspective of the industry, this is a great thing, which will fundamentally promote the development of RISC servers, greatly reduce the cost, and to some extent offset the cost advantage of X86 servers.

For the RISC camp, it is naturally good news for the long term.

Of course, it is not good for Intel and AMD, and the sensitive stock market responded to the news with the continuous decline in the stock prices of Intel and AMD. Although the magnitude of the decline does not seem to be too large.

But the reintegrated solar mobility computing has now proven itself not to be a nice-to-have.

also proved his strength, as well as Liu Ruoyi's pinch of her nose and took over the scenum.

Of course, the current PCCW has been completely reborn and has started its international journey.

In the past year, PCCW's Southeast Asia strategy has achieved a brilliant victory, relying on a strategy that is difficult for competitors to resist.

By the end of 2011, the ONE had finally surpassed 80 million subscribers, and although it was still far from the more than 100 million subscribers of Lion City Telecom, the two sides had begun to be on parity in terms of volume.

After several years of hard expansion, PCCW's revenue exceeded 50 billion Hong Kong dollars, and its profit exceeded 15 billion Hong Kong dollars.

Although from a pure data, the revenue lagged behind the competitors by more than 10 billion Hong Kong dollars, and the profit lagged by almost 3 billion Hong Kong dollars.

But with a higher growth rate, Liu Ruoyi estimates that the gap will close in the next three years or so at most.

The confidence to level and catch up now will mainly rely on PCCW's expansion in India, Bangladesh and Pakistan, which are densely populated South Asia.

Relying on the cooperation of local operators to enter these markets, relying on two high-quality telecommunications equipment manufacturers in the mainland to provide back-end equipment,

Then there are Gaowei Mobile Communications and HTC, two mobile phone manufacturers that cover high, medium and low levels, and PCCW has a strong hole card in its hand.

From the perspective of funding, don't look at the fact that Lion City Telecom relies on the support of a country and has a lot of money.

But in fact, PCCW's financial advantage is no worse than that of Lion City Telecom, and Liu Ruoyi, who is rich enough to rival the country, is a money-throwing madman.

What's more, PCCW is now a private capital holding, and in terms of the efficiency of the board's decision-making and operation, it can completely throw off the 18th street of Lion City Telecom!

With efficient decision-making capabilities, strong financial support, and technical advantages in leading back-end equipment and terminal equipment, PCCW cooperation will be implemented vigorously once the market plan is formed.

After several years of development, its cooperative operators have covered more than 150 million people in South Asia!

Based on PCCW's cumulative investment of nearly 30%, it is equivalent to more than 40 million users in South Asia.

When added to the 80 million subscribers in Southeast Asia, PCCW's total subscribers are about the same as those of Lion City Telecom.

It's just that these cooperative telecom operators are now investing in it, and they have not yet achieved good profitability and barely break even, so PCCW can't reflect much revenue in the revenue statement.

However, with the increase in the per capita consumption of operator users in these countries, the future profit margin is still very considerable.

Now is the time to sow the seeds, and with so many users in hand, sooner or later there will be a day when there will be money.

In terms of mobile social networking, its high-dimensional mobile Internet has promoted WhatsApp to Europe and the United States, and has accumulated more than 30 million users in Europe and the United States, following more than 100 million users in Asia (excluding the mainland).

Coupled with nearly 70 million users in the mainland, the number of users of high-dimensional mobile Internet has exceeded 200 million, and it has become a giant mobile Internet company.

However, in terms of valuation, high-dimensional mobile Internet has exceeded the $20 billion mark.

However, Liu Ruoyi did not consider financing at all, the future of this company is unlimited, except for the introduction of strategic investors before listing, Liu Ruoyi is not ready to dilute his equity.

Now the shareholders inside, that is, Zhao Shaodong and Chu Luo, are going to go to 20%.

The huge success of Penguin, Wangju and Ahri made Zhao and Chu very confident in Liu Ruoyi's mobile Internet entrepreneurship, so they rushed to get on the bus before financing, and invested $2 billion in it when it was valued at $10 billion.

This investment is just supporting WhatsApp's expansion in the European and American markets. The European and American markets do not have the promotion model built into the mobile phone in Asia, so the promotion cost is much higher, and the download and installation need to be paid.

Of course, now the built-in applications in PCCW's customized mobile phones are also about to start charging mobile app distributors, and High-Dimensional Mobile Internet has also paid a lot of distribution fees to PCCW.

Although the single machine fee is not high, now each pre-installed mobile application APP charges 5 Hong Kong dollars, but it can't stop the current large number, tens of millions of mobile phones pre-installed, this money income is still not small.

If you pre-install 10 apps, you can recoup the cost of 50 Hong Kong dollars in advance for an active mobile phone.

This kind of business is not difficult for Liu Ruoyi, once the number of users is formed, then everything is possible.

Following the development of PCCW, there is also the extremely ferocious expansion of mobile e-commerce business, and Shang's online transactions have exceeded the scale of 300 billion Hong Kong dollars, making it the largest e-commerce company in Asia except for the mainland Ahri.

Among them, in addition to the self-operated business, which quickly exceeded 200 billion, the third-party business on the platform also exceeded 100 billion. In particular, Liu Ruoyi's recommendation of local third-party merchant positioning services to facilitate mobile Internet users to shop has greatly facilitated the business development of local third-party merchants.

Shangpin reacted to the rise of group buying at the first time, directly intervened in this market, became the first in the group buying business in Southeast Asia, and began to intervene in the field of food, clothing, housing and transportation.

A Shangpin APP application solves the expert strategy of traveling, eating, wearing, living and traveling in five Southeast Asian countries, and has even become popular Internet celebrities in Southeast Asia.

...

In terms of finance, the main business, it is even more powerful.

Yongxiang Bank's business expansion is soaring, its capital has exceeded 3 trillion yuan, not only the number of Asian outlets has officially exceeded 1,000, but also the penetration of more than 20 affiliated city commercial banks in the mainland, with an investment amount of more than 30 billion yuan.

The investment in Xinglong Bank is also close to reaching the upper limit of 20%, and with these city commercial banks and Xinglong Bank, Yongxiang Bank's mainland interconnection network has spread all over the first and second-tier cities.

For people in Hong Kong and Las Vegas, they can directly withdraw no more than 50,000 Hong Kong dollars in RMB cash in the mainland, and then exchange them in real time according to the real-time exchange rate between Hong Kong dollars and RMB.

For general consumption, this greatly reduces the payment hassle for business people who often travel between the mainland and Hong Kong.

It is equivalent to Yongxiang getting a disguised RMB business with quota restrictions.

Liang Baiheng is now completely a big man in the financial circles of Xiangjiang, and Liu Ruoyi has done nothing in Yongxiang Bank, but only set the right direction, so that Liang Baiheng has a strong voice in business development.

This made Liu Ruoyi greatly reduce her work burden, and she was happy to withdraw from the financial market she was good at. In the European debt crisis triggered by the subprime mortgage crisis, it became another super wool gathering opportunity for Liu Ruoyi.

Beginning with the Greek debt crisis at the end of 2009, the cornerstone investment and West Coast capital of the European Union began to be targeted like a shark smelling blood, and had already begun a secret but very resolute plan to short the EU under the deployment of Liu Ruoyi.

Since the end of the subprime mortgage crisis, the financial speculation that has not had time to be silent for a long time has allowed Liu Ruoyi to seize a new wave of opportunities.

The stock market, the bond market, the derivative financial product market, assets sensitive to financial turmoil, and all the means and targets that can be used for shorting are very popular with Cornerstone Investments and West Coast Capital. After graduating from Harvard, Liu Ruoyi's "younger brother" did not return to China, but underwent the first baptism of his career in West Coast Capital.

Begin to get in touch with the jaw-dropping mega-speculation.

The famous "European Pig Five" has become the main position of Liu Ruoyi's attack.

Greece is too small, and speculative capital is short more than 10 billion euros.

Italy is a bit of a bulk, with West Coast Capital and Cornerstone Investments dropping at least €50 billion in short positions.

Spain smashed into a short position of almost 30 billion euros.

Portugal also smashed into short positions of around €20 billion. Plus Ireland, which is nearly 10 billion euros short.

In the five European pig countries alone, Liu Ruoyi's speculative capital has shorted short positions such as bonds, futures markets and stock indexes of more than 100 billion euros!

However, this crisis is not just the five countries that have been traumatized.

The eurozone giants of Britain, France, and Germany will not be left alone! In contrast, they are larger, their financial market speculation is more flexible, and of course their amounts are larger.

In the end, Liu Ruoyi's funds invested more than 300 billion euros to short short positions in Europe!

This wave of shorting, in accordance with Liu Ruoyi's "accurate prediction" of the development process of the European debt crisis, pioneered the full business and full geographical coverage of the financial crisis related path, invested funds in accordance with the refined impact analysis and precision strike method, and invested more than 100 billion US dollars in capital through various channels, making this short selling appear to be quite full of ammunition and completely comfortable.

Therefore, with the severe contraction of the global stock market in 2011 and the extremely bad investment conditions, Liu Ruoyi's cornerstone investment and West Coast Capital's speculation made a lot of money.

For the whole year, the overall cash income profit exceeded 70 billion euros!

As a prescient investment banking elite, the financial market is Liu Ruoyi's real main battlefield!

At the same time, it is also the best gold mine for her to make "withdrawals"!

As the history of the original time and space is getting closer and closer, Liu Ruoyi has a deep memory of the subprime mortgage crisis and the European debt crisis, and has a professional level of learning and analysis and memory for the process and development, even if there are a few details that are not very clear.

But Liu Ruoyi remembers the process and key nodes very clearly.

With this kind of advantage and not taking advantage of it, Liu Ruoyi is not a fool.

Therefore, when the five European pig countries entered the crisis, Liu Ruoyi boldly shorted Europe in an all-round way, but in 2012, there began to be a turnaround, and Liu Ruoyi's side gradually closed his position and began to take the opportunity to idle more!

From the rapid recovery of the European market in the process of rising, and then from the euro area to get a wave of wool down!

For Liu Ruoyi, it is too hard to make money in industry, and it is easy and happy to gather wool through financial speculation.