Zhou Shi is a member of the board of directors of Legend Holdings, a majority shareholder of Legend Group. Hey, this complex relationship is more of a capital operation, that is, someone deliberately makes a simple thing complicated in order to make money.

Legend Holdings' development over the years Zhou Shi put forward some opinions, the return on investment is okay, but there is no stable source of income, the investment career is subject to a lot of restrictions, and there are many difficulties in learning from Buffett.

"This time we are discussing whether Lenovo Group's acquisition of Motorola's mobile phone business is feasible or not, and what are your opinions. Liu Chuanzhi said on the rostrum

"The market share of Motorola's mobile phones is quite limited, why did Lenovo want to buy it, and what is the reason?" someone asked

"Quite simply, Motorola has a large number of communication patents, deep technology accumulation and R&D capabilities, as well as perfect distribution channels and brand foundation...... Yang Yuanqing

It sounds quite reasonable, the domestic mobile phone market has changed a lot this year, the government stopped the subsidies of the three major operators for mobile phones, and then the four major mobile phone manufacturers of "China Cool Union" who rely on operators to make profits have been greatly impacted. Husks and nuts have achieved great success in the domestic market with the advantages of brands and distribution channels. In other words, "China Cool Union" is in a dilemma, and mobile phones like Lenovo and Coolpad are very likely to lose money. In this case. Yang Yuanqing has not given up the idea of acquiring Motorola mobile phones, and he is also drunk.

"After acquiring Motorola phones, what is Lenovo going to do?"

"We will form a dual-brand strategy, Motorola and Lenovo compete in their respective fields, and at the same time deal with external challenges...... "Yang Yuanqing, in fact, although Legend Holdings is a major shareholder, it is more important to convince Lenovo Group. Wait, Legend Holdings and the board of directors of Lenovo Group can affect the operation of Lenovo Group, isn't that with two mothers? Hehe, this kind of tossing people's mode is what Chinese people like the most. Control the most assets with the least amount of capital.

Listening to their speeches, Zhou Shi felt bored, Liu Chuanzhi and Yang Yuanqing may do business, but they will not be able to do business. Well, it can't be said that they don't have the lofty ideal of serving the country with technology, or they don't have noble values. And the will is not firm, the waist is not hard, and it often changes back and forth. Just like Lenovo's mobile phone business, it was originally ranked among the top five in China, but when it encountered difficulties, it didn't have its own persistence, which led to its later failure.

"Mr. Zhou also said a few words!" Liu Chuanzhi

"Well, if Lenovo acquires Motorola's mobile phone business, then operate two brands at the same time, who is high-end, who is low-end? Yang always thinks, and what is the ability of Motorola's mobile phone R&D team, you can refer to their development in recent years, everyone should be clear, most of Motorola's valuable patents Google is unlikely to sell to Lenovo, this point should not have any illusions. "Zhou Shi

"Twitter......" As soon as Zhou Shi's words fell, there was a sound below, and they all exchanged their heads and ears, and they didn't know what they were saying.

"Lenovo and Motorola will take the high-end route, and their R&D level is still world-class......" Yang Yuanqing immediately took over Zhou Shi's words, and he also learned from multiple channels that Zhou Shi didn't look down on him for focusing on sales and not understanding R&D.

In fact, Lenovo's logic is very clear, they believe that R&D investment has great uncertainty and too much risk, of course, it may also be the outside world hype of trade, industry and technology and technology, industry and trade disputes, so that Liu Chuanzhi can not step down. He is afraid that if Lenovo takes the road of technological development, it will be equivalent to admitting defeat to Ni Guannan, another technology founder of Lenovo. So for this breath, Liu Chuanzhi would rather sacrifice national interests than support Lenovo not to take the technical route.

In fact, observing the development of Ni and Liu, it can be said with certainty that if Ni Guannan stays in Lenovo, then Lenovo may be boastful. Ni Guannan's emotional intelligence is outrageous, unless Lenovo transforms into a telecommunications equipment company in the early stage, even if it focuses on independent research and development technology, it will not be able to achieve great results. A single semiconductor chip manufacturing can undo all of Lenovo's efforts on CU and memory. As for operating systems, unless the government strongly supports them through administrative means, there is no room for other operating systems to survive with the support of piracy. Forget it, don't talk about this, Zhou Shi heard what Yang Yuanqing said, and he didn't know if he was really stupid or pretending to be stupid, and developing two high-end brands at the same time, what did he regard the mobile phone industry as.

"Are Lenovo's resources enough to support the development of two high-end mobile phone brands?"

"Lenovo now has abundant cash flow, and we are fully confident to meet all challenges in the market......," said Yang

"Is the ability of association more than fruit shells and nuts?" A person who was not very familiar with Zhou Shi suddenly slapped his face like this, which made Zhou Shi feel embarrassed, this was really not his person.

Yang Yuanqing's face was blue and red for a while, but he didn't speak for a while.

With a market capitalization of more than $150 billion, Guoke is recognized as the representative of China's high-tech field and the most successful high-tech enterprise founded in the new century. In particular, Feng Xingke is an ordinary middle and high-level person who came out of Lenovo, but the market value of Guoke exceeds the sum of Legend Holdings and Lenovo Group, and the sales revenue level is also in the forefront of private enterprises in the country. What does this mean, the incompetence of Liu Chuanzhi and Yang Yuanqing? The culture just now is almost questioning Yang Yuanqing's ability.

"Lenovo is different from Guoke, I believe Yuan Qing has the ability!" Liu Chuanzhi said lightly, as the leader of the Chinese enterprise industry, Liu is very good at being a man and has good prestige.

"Well, but Lenovo's plan to acquire Motorola needs to be done in more detail, and how to develop after the acquisition needs to be considered!" said another major shareholder

"I'll study it carefully when I go back!" Yang Yuanqing

Such a not very important meeting ended up unhappily.

"Yuan Qing has worked hard!" Liu Chuanzhi said to Zhou Shi in an office

"If he says that Lenovo is the main thing, and Motorola makes Internet cost-effective mobile phones, then I will still think highly of him, after all, this proves that he has strong confidence. Now, I don't know how to make trade-offs, I don't have confidence, and I'm very greedy. It is difficult for such a person to have great achievements, and it is not enough to keep the success, and I am afraid that it is even more difficult to forge ahead. If Lenovo does not have the procurement of the government and state-owned enterprises and institutions, schools and other educational institutions, I am afraid that it will ......" Zhou Shi

"Lenovo has no better candidate than him. Liu Chuanzhi, Yang Yuanqing now has about five percent of the shares of Lenovo Group, and he is a shareholder, unless he is allowed to resign voluntarily, it is difficult for Lenovo Group to change a chairman and CEO.

Read the latest chapter, and that's it