Chapter 282: Preparing for a Big Thing
After Li Zetian finished speaking, Jobs and Wozniak were stunned for a moment.
Wozniak was stunned and said, "Mr. ยท Li, Motorola is the industry leader, and if Apple develops mobile phones, I'm afraid it will be difficult to compete with it, right?"
Li Zetian smiled faintly and said: "If it is in the first generation of mobile communication era, it is indeed true, but in the second generation of mobile communication era, this is Apple's opportunity, it depends on your arrest." The reason I founded Qualcomm is to have a voice in the second-generation mobile communications era. At the moment, the GSM standard in Europe is almost complete, and I believe that it will not be a few years before GSM can be commercialized. As far as I know, Motorola is still hopeful and arrogant about analog-based cellular phones, completely unaware of the new era of communications that is coming......
Jobs' eyes lit up and he said very decisively: "Mr. ยท Li, I think you have a point! Apple has every chance of beating Motorola!!"
Wozniak wasn't sure, but seeing that Li Zetian and Jobs agreed, he had no objection.
At that moment, the three of them began to discuss how to start the mobile phone project.
Li Zetian said: "GSM is developing faster than CDMA, and the speed of commercialization is also relatively fast, especially in Europe, I estimate that GSM will be used. However, GSM still has disadvantages, poor call quality, small coverage of communication signals, and the need to establish multiple base stations to ensure communication. European countries are small in size, and each country has its own telecommunications company, so it is more appropriate to use GSM. However, it is not suitable for the United States, which has a large area, and if GSM is used, it will mean that telecom providers need to build a lot of GSM base stations, and the cost is not cost-effective. CDMA, on the other hand, has good call quality and a very wide communication range, which can greatly reduce investment and reduce operating costs. Therefore, I think that CDMA, although it started slower than GSM, is the most suitable for the U.S. situation. โ
After a pause, Li Zetian asked the two of them to think for a while, and then continued: "Therefore, Apple can first develop GSM mobile phones, then CDMA mobile phones, and even dual-mode mobile phones, supporting both GSM and CDMA networks to provide users with better flexibility!"
"Hmm!" The two couldn't help but nod their heads, feeling that what Li Zetian said was reasonable.
Soldiers are fast.
After Li Zetian left Apple that day, Steve Jobs, as the company's CEO, flew to Europe with a technical team to contact the GSM organization, while Wozniak stayed in the United States and began to recruit mobile phone development engineers.
It will take years to develop a classic phone.
Motorola has used 10 years to develop the "brick" mobile phone, which can be described as "sharpening a sword in ten years", and even Li Zetian avoided its edge and did not dare to compete with it.
"Now we are waiting for the advent of the Internet and the second generation of mobile communications!"
Approaching February, the spring breeze is like a bath, the warm sun at noon shines on the face, very comfortable, Li Zetian sat on the balcony drinking coffee, smiling slightly, looking forward to the future.
Over the years, Li Zetian's wealth has increased rapidly, and the cash reserves in the account of the umbrella company have exceeded 30 billion US dollars, which is only the company's dividend profits in recent years. Mr. Li has not sold any shares.
Li Zetian knows where this money should be spent!
In the early 80s of the 20th century, the US fiscal deficit increased sharply, and the foreign trade deficit increased significantly. The United States hopes to improve the imbalance of the United States balance of payments by increasing the export competitiveness of its products through the depreciation of the dollar. Li Zetian already has a certain amount of influence in the US government, and many officials are already Li Zetian's people. According to internal information, the United States is preparing to attack Japan, and now Japan is very arrogant, and some businessmen have even threatened to buy the United States, and the explosion of American products by Japanese products is one of the major factors in the US fiscal deficit!
In 1984, the GDP of the United States was only $4 trillion, while Japan's GDP was $1.3 trillion. Looking at the population again, the population of the United States is 240 million, and the population of Japan is only 120 million, and the gap in per capita GDP is not too large. Japan is not as big as a state in the United States, but it has to keep up with the GDP of the United States, which is terrifying!
The United States is clearly intolerant of this, and the time to cut the wool is about to begin.
Li Zetian, as a traverser, if he didn't even know about the famous "Plaza Agreement", he would not pay attention to the financial economy.
On September 22, 1985, the finance ministers and central bank governors (G5) of the United States, Japan, the Federal Republic of Germany, France and the United Kingdom held a meeting at the Plaza Hotel in New York, and reached an agreement on the joint intervention of the five governments in the foreign exchange market to induce the exchange rate of the US dollar to depreciate against major currencies in an orderly manner in order to solve the problem of the huge trade deficit of the United States. Because the agreement was signed at the Plaza Hotel, the agreement is also known as the "Plaza Agreement".
After the signing of the "Plaza Accord," the above-mentioned five countries began to jointly intervene in the foreign exchange market and sold a large number of dollars in the international foreign exchange market, which then formed a selling frenzy among market investors, resulting in a sustained and substantial depreciation of the dollar.
In September 1985, the U.S. dollar fluctuated around 250 yen per dollar, and in less than three months after the agreement was signed, the U.S. dollar quickly fell to around 200 yen per dollar, a 20% decline. After that, the US authorities, represented by US Treasury Secretary Baker, and financial experts represented by Fjd Bergsten (then director of the US Institute for International Economics) constantly verbally intervened in the dollar, and the lowest fell to 120 yen per dollar. In less than three years, the dollar has lost 50% of its value against the yen, that is, the yen has doubled in value against the dollar.
Li Zetian knew in his heart that if the money was still placed in the umbrella company, it would definitely shrink seriously and must be used before the Plaza Agreement. Even if you convert all dollars into yen now and then exchange them back, you can double the value. It's just that since you know the general trend of future development, it's very low-level to do this, and doubling is nothing, and you can't look down on it at all!
At the moment, Japan's real estate fire is in shambles, and before the 1991 Japanese stock market crash, the value of real estate in Tokyo alone could buy the entire United States, is it terrifying?
Therefore, investing in Japanese real estate is guaranteed to make a profit without losing money, as long as you withdraw in time.
In fact, Li Zetian has been investing in Japanese real estate, he also has many branches in Japan, and has earned a lot of yen, and Li Zetian has let these companies invest in real estate, and the total investment is about 600 billion yen, if it is sold now, it will definitely exceed 1 trillion yen. The money belongs to these branches, and Li Zetian, as a major shareholder, of course, benefits the most.
The umbrella company belongs to Li Zetian alone, and the money earned from investing in Japanese real estate belongs to him.
$30 billion, Li Zetian has a little as a backup, and he has to invest at least $20 billion in Japanese real estate.
"After the Plaza Agreement was signed, Tian Shuai, Zhang Yan, Bill Gates, Jobs, Wei Xiuping and others were all called to invest in Japanese real estate, and in 1990, all the real estate was sold, patted on the ass and left, and little Japan was killed!" Li Zetian couldn't help but laugh evilly.