Chapter 177: Officially Approved, NJStar Mobile!
"I'll see it!"
The first to speak was Luo Dong, a high-achieving student from Guanghua School of Management, who had already mentioned building to Xia Yu, but at that time, Polestar's products were selling well, and there was no need for good cash flow.
He glanced at Xia Yu with his teacup rubbing his hands, and continued: "Enterprise development is inseparable from capital, and the necessary capital operation is absolutely necessary. Samsung and Microsoft are not short of money, but people are taking tens of billions of dollars in loans to continue to make money, and Polestar should have learned a long time ago. ā
He was said by Xia Yu, who smiled and scolded and replied: "Don't talk so far, but it's true." ā
Yang Chunsheng is most aware of Xia Yu's huge ambitions in the field of mobile phones, and also nodded and said: "Polestar has a weak foundation in the field of mobile phones, and if it can make a suitable acquisition, it is true that it can be well supplemented in terms of technology and talent." ā
Xia Yu nodded, looked at Liu Mingsheng again, and this kid said directly: "I have no opinion!"
Others have no objection either, after all, this is also the normal operation of modern enterprises. Only Xia Mingde mentioned yƬ, don't set the loan amount too big at once, but it is also supportive.
Seeing this, Xia Yu opened his mouth and said, "Okay, then this matter will be settled." Hailong: Please contact the accounting firm in advance to do a preliminary asset evaluation, and the information to be prepared is also prepared. By the way, what is Polestar's latest financial situation right now?"
Because the last statistic was at the end of 2004, and the following January, Polestar Electronics made rapid progress with the Polaris S1, and the numbers are estimated to change a lot.
"Mr. Xia, wait a minute", Wang Hailong, who has completely secured the position of the new chief financial officer, quickly found a copy from the information at hand, and immediately reported:
āā¦ā¦ As of the end of January, Polestar had 98.2 million accounts receivable in the domestic market and $18.6 million in overseas channel partners, 120 million in arrears to suppliers, most of which needed to be delivered by the end of the first quarter, and 238 million in cash on the books of Polestar Electronics, including 78 million in retail partner deposits. ā
Xia Yu asked: "The margin will not be considered for the time being, and the main budget for the first half of the year will be removed to ensure operation, and then the accounts receivable and outstanding payments will be counted at the end of this month." How much cash do we have at the end of the month?"
Wang Hailong tapped the calculator and quickly reported a number: "Up to 130 million." ā
"Well, then our loan amount this time is tentatively set at 400 million. It is estimated that S1 will bring a profit in the future. ā
This is a relatively low-risk figure, and it is not too difficult to mortgage fixed assets or project financing, after all, Polestar's cash flow is too good.
Xia Yu asked everyone again if they had the network resources that Jinling could reach, but they were disappointed again.
It seems that I can only go once, and I have seen the opportunity to act in the past.
ā¦ā¦
Whether it is the acquisition of Panda Mobile or Zhongkejian, it is not a short-term matter to negotiate and verify the loan, and it is extremely energy-consuming.
Xia Yu estimated. I'm afraid that the period before I go to take the escort exam will be spent on this matter, and there is no guarantee of results.
So the R&D work cannot be delayed.
Leaving from here, he immediately went to the R&D center of Yang Chunsheng's newly rented mobile phone division.
At present, the team also has nearly 40 people, and most of them are professional engineers with considerable experience.
Among them, Peng Wenshan, a high-end talent recommended by a headhunting company, was praised by Yang Chunsheng non-stop, and he didn't talk about it once before Xia Qian, and his impression was okay.
Judging by the resume. This person is from Nortel Network, Ericsson, and Motorola, three industry giants, and is currently thirty-three years old to achieve the position of senior manager of Motorola Huaguo R&D Group, because the research and development direction was squeezed out by Polestar Electronics with an annual salary of 300,000 yuan, and the current treatment is the highest under Yang Chunsheng and Fan Pingze.
The annual salary of 300,000 yuan at the beginning of 2005 was not the same as in 2014. You must know that at this time, the average house price in Yangcheng is less than 5,000!
At the summary meeting of the previous year. Xia Yu has already discussed with Yang Chunsheng the research and development idea of Polestar's first mobile phone, that is, to imitate the gameplay of Polaris K1 in the MP3 market and pursue a low-end mobile phone with high cost performance.
But compared to MP3, there are so many things to consider for a mobile phone.
To put it simply, there are seventy or eighty parts of a mobile phone that can be called "large". There are many kinds of optical cores, such as baseband chips, motherboards, screens, batteries, and storage.
Of course, the production of mobile phones is now completely modular, and the pure manufacturing of various parts and modules depends entirely on the parts manufacturers all over the world. Mobile phone manufacturers only need to be responsible for the design and final assembly of mobile phones, and even the assembly can be outsourced to the foundry.
Well. It's similar to MP3, but it's much more complex, and efficient and comprehensive supply chain management is essential.
But even so, there is another problem that makes Xia Yu and Yang Chunsheng have a headache.
That is, the core is still the chip aspect.
Although MediaTek, the famous "king of Shangzhai" in the future, has successively launched a highly integrated "turnkey" solution, it is still far from perfect, and the quality cannot be guaranteed.
In fact, it was only in the second half of 2005 that they saw that Huaguo Mobile Phone Company had exploded again after a round of reshuffle, so they launched the "boutique plan" and thoroughly integrated the motherboard and general software in the mobile phone chip, and then made every effort to promote this field and promote it to Huaguo Company on a large scale, and finally succeeded in dominating the entire "copycat machine" pattern.
The most important thing is that MediaTek's reputation is too bad at this time, although Polestar Electronics' product positioning is the main cost performance, but the brand positioning is a boutique strategy, and it must not self-destruct the signboard.
In the same way, domestic Spreadtrum Communications was once again directly excluded by him.
So he targeted the chip on international big brands such as Philips, Qualcomm, Infineon Texas Instruments (TI), etc.
But the problem is that these companies simply don't have the ready-made chips that Xia Yu wants.
What did he want his first Polestar phone to look like?
What mainstream 1 million pixel license plate, high-definition color screen, Bluetooth and other functions are all wanted, as long as the call quality is ensured, easy to control, as well as basic address book, text messages, built-in games, etc.
In short, it is a sentence that takes simplicity and ease of use to the extreme.
In other words, this mobile phone, tentatively named "Antarctic Star A100", is the Nokia 1110 that came out a few months in advance, which created a sales myth!
At present, Philips and Texas Instruments are all vowed to enter the low-end mobile phone chip market, but there is still no such plan.
At least in Xia Yu's "memory", it was half a year or even a year later.
But what exactly does the Nokia 1110 use chip scheme? Xia Yu was not impressed at all, so he could only go to the door to inquire tentatively.
This requires Polestar Electronics to negotiate with them and customize the production.
Although the difficulty of production is not great, people don't necessarily pay attention to you!
Don't look at Polestar Electronics seems to be a bit famous in the MP3 market, but in the larger and more influential and complex mobile phone market, there are too many competitors, and Polestar is a complete recruit.
In fact, since agreeing with Xia Yu on the idea of Polestar's first mobile phone a year ago, Yang Chunsheng has tried to contact these mobile phone chip manufacturers one after another, first familiar with Philips, and then Infineon and Texas Instruments, which have done well in China. But it is completely unappreciated.
So this first conundrum stuck him.
ā¦ā¦
"Mr. Yang, don't worry!"
Xia Yu listened to his detailed report, but comforted: "Let's do the functional test on the virtual machine first, and other module components are also purchased on a small scale, as for the chip, I will solve it." ā
"Oh, you have a way?", Yang Chunsheng said in surprise.
It's not the first time he's discussed this issue with Xia Yu, and he's always had no clue.
Xia Yu smiled bitterly: "Not yet...... I'm not sharing the pressure with you! Don't worry, there's always a solution!"
Yang Chunsheng shook his head: "Okay!"
Peng Wenshan, who was on the side, listened to the discussion between the two. He asked: "Mr. Xia, in fact, I have always had a question, why doesn't Polestar Electronics give full play to its reputation and advantages in the MP3 field to make a distinctive music mobile phone? The whole world is about to be carved up by foreign giants!"
That's the trend of mobile phones that you don't know in the future!
Besides, I'm not interested in the Nokia 1110's terrifying cumulative sales of more than 200 million units......
Yes, as of 2014, when Xia Yu was reborn, in the "best-selling mobile phone in history" judged by an authoritative organization, the old giant Nokia monopolized six of the top ten. Among them, the official Nokia 1110, which is far ahead of the extreme, has sold a terrifying 250 million units!
Well, it was launched last year, and the Nokia 2600 and 6030 are also selling well. But that's a pile of countless ads and channels, and it's far inferior to the monster Nokia1110.
Of course, Polestar Electronics does not expect this achievement, after all, it is the result of Nokia's years of brand, technology and channel accumulation around the world.
But there's nothing better for a new company than this as a way to break into the market.
In fact, at present, the price of normal low-cost mobile phones on the market is still more than 1000 yuan, and some domestic models are also more than 800 yuan.
And Xia Yu's thinking is still simple and rude, and the listing price he set for "Nanjixing A100" is 688 yuan!
And be sure to make it official before May of this year!
Of course, these things don't need to be fully stated, and Peng Wenshan has just joined Polestar after all, so these are more or less trade secrets.
Xia Yu glanced at Yang Chunsheng, not knowing how much information he had revealed to this Peng Wenshan.
Because he met Peng Wenshan when he was young, he was not polite but said directly: "We must be making music mobile phones, but what about this low-cost basic mobile phone A100, which can be regarded as a test for us in the field of mobile phones, Polestar is a mobile phone newcomer after all, and we can't be ambitious." ā
In the past, Peng Wensheng didn't notice anything, nodded and continued: "Well, what Mr. Xia said is reasonable. However, I suggest that we should hurry up in time, and now the mobile phone market is in the period of major reshuffle, and it will be difficult to miss this wave. ā
"That's a good point, so after a while, when the technology matures, let's make the idea of a music phone!"
Xia Yu turned to Yang Chunsheng again and said, "But for now, let's officially set up a project for the South Pole Star mobile phone, Brother Yang, you call everyone together, let's have a small ceremony?"
This is also the proper meaning, the two clerks of the administrative department who have been following immediately began to arrange it simply, and specially prepared cameras and cameras, which were later learned by Zhang Mei in the night school, saying that it is very important to review the history of enterprise development in the future.
It's a precautionary measure, but it's necessary.
In the only conference room of the temporary R&D center here, Xia Yu officially met with everyone for the first time, and it can be seen that these R&D personnel are a little curious about Xia Yu, after all, Polestar Electronics is now quite famous, and it is rumored that its founder is Xia Yu, and after entering the model, he has been "brainwashed" in various ways.
It's really young!
Xia Yu is too grinding, and few R&D personnel like to waste time in meetings.
After a few simple sentences about why Polestar makes mobile phones and the unique position of the newly established mobile phone division in the Polestar system, he announced the decision to officially launch the Polestar mobile phone project.
On February 15, 2015, NJStar, a mobile phone brand of Polestar Electronics, was born and the R&D project of "NJStar A100" was officially established. (To be continued......)
PS: Today's second update arrives.
Strive for three more before 12 o'clock. I've been at home with a job today, but 10,000 words a day is almost the limit, and I'm so tired of writing...... A new Helmsman St. Joker classmate is missing, and there are still 4 chapters missing.