Chapter 600: Don't Underestimate the Chinese

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Robert Galvin held the wine glass with his right hand froze as if it had been struck by lightning. (The text was first published in the reading cabinet biquge.info)~~ The expressions of the others were very ugly and embarrassed, everyone didn't know what they were thinking, and they couldn't be too happy anyway.

"Come, have a drink, the meal still has to be eaten", after a while, Robert Galvin greeted everyone with his glass to show his demeanor and temperament.

Everyone raised their glasses and followed, "Chels".

After taking a sip of the appetizing red wine, Robert Galvin put down the wine glass, picked up the knife and fork and began to taste the medium-rare steak and other delicacies in front of him.

In the face of the table full of real delicacies, everyone eats like chewing wax, people are here, but their hearts have run back to the company, they want to know how the stock price has fallen at this moment.

Others are like this, and Galvin is the same, huā has eaten half of the steak in front of him for fifteen minutes, and he has only drunk half of the red wine in the goblet glass, and he wiped his mouth with a napkin to indicate that he has eaten.

After a celebratory lunch, everyone drove back to the office.

"How's it going?", the convoy had just crossed the lawn in front of the main building and stopped in front of the administration building, and before he could fully step out of the car, Galvin asked the manager of the finance department who opened the car for him.

"It's not optimistic, it's like a boulder rolling down a cliff, it can't be stopped at all, and now it's down 28 percent from the morning," replied the manager of the finance department, wiping the sweat from his forehead.

"Let's go, go upstairs and have a look", after listening to the report, Galvin didn't say anything, the wood was already in the boat, and he didn't have any good way now.

"Mr. Galvin, we have discovered a very special phenomenon," said the manager of the finance department, following closely to Robert Galvin, as if he were afraid that the other directors would hear this.

This manager of the financial department was originally promoted when Galvin stepped down as CEO, and when he stepped down as CEO and chairman, he made two large-scale personnel adjustments within the company, which made the middle and senior management of the entire company all his people, and these people were only responsible for him in a certain process.

"What's the situation?", Galwin just glanced at the other party, and his footsteps did not stop completely.

"In addition to our company, Ericsson and Nokia also suffered a similar situation, the only difference is that Nokia suffered a weaker blow, and we and Ericsson suffered the most losses in the stock market.

After listening to the words of the manager of the financial department, Galvin's footsteps finally stopped briefly at the elevator entrance, and two seconds later, he walked into the elevator, "Okay, I understand".

The director who followed behind saw that the big boss and the manager of the financial department were talking, so he intentionally or unintentionally trailed the pace by three or four meters.

Back in the conference room, Robert Galvin and everyone looked at the dismal stock price of the company on the computer monitor for a while, and they couldn't bear to see it, plus the $125 billion invested in it, the wealth of Motorola's group of shareholders has evaporated by $4.5 billion, which is really a huge loss.

After a moment's view, Robert Galvin left, calling his son as he left.

"You're really going to get me into trouble, look at you like a boy all day long, how can you let me rest assured that your grandfather's foundation will take care of you", in his office on the top floor, Robert Galvin just sat down, and said to Christopher Galvin in a low voice, from his voice, I can hear his vicissitudes and worries, how to say that he is also a 72-year-old man.

"Father, what's wrong? I don't understand, I've been staying in the company honestly lately," said little Galvin, sitting down across from his father, full of grievances.

"Do you think you're wronged?" said Robert Galvin, leaning back in his chair wearily.

"I don't dare, it's just that I don't know what you're talking about?", little Galvin, 41, pouted like a child.

"Do you know? Ericsson and Nokia, like us, also have stock prices plummeting, and Ericsson has suffered heavy losses like us, what does this mean?", the elder Galvin stabilized his feelings, and Yan Yue said on demand.

"Hehe, it turned out that it wasn't our family, I was still worried that we would lose so much, Ericsson would take advantage of the situation to replace them, but I didn't expect them to be the same", little Galvin looked like a gloating villain.

"Stupid, we are now on a front, we are allies, do you think that there are only two electronic communication companies in the world, Ximénzi, Alcatel, Philips and even Nokia all do not want to replace us, at this time, Ericsson has suffered heavy losses, what benefits can you get?", Robert Galvin is really helpless about this Adou-like son.

"Oh", little Galvin retracted his smile that shouldn't have been, "Father, why did Nokia suffer like this?"

"I should have asked you, wouldn't you use your brain to think about it a little more? You're now working in the CEO's office, and you're also in charge of operations, you have to learn to mature, learn to be independent, don't just show off your family background and play nòng demeanor."

"Understood, understood", although little Galvin replied cheerfully, Robert only really understood, and his son would not really understand, but what could he do, he could only shake his head slightly.

No matter how much Robert understands, it is useless, he only has such a son, the family business cannot be given to others, he does not expect his son to be able to develop the business to a large extent, he only needs him to keep the current position of the business.

"Father, according to what you say, our losses should come from China, Ericsson and we are preparing for a large-scale attack on this huge emerging market, where the profits are too huge, a piece of equipment, many times higher than the domestic price in the United States, but I can't understand, poor China, who will have such great strength? Without more than 20 billion US dollars of capital investment, it is impossible to have such a big impact effect, and besides, how can a small company like Nokia be involved?" Christopher Galvin thought for a moment and had a little eyebrows.

"The child can be taught. If you think about it, it's progress, and if you think about it, what kind of competitors do you have in China?"

"Competitors? China is basically blank in the communication market and communication technology, although those state-owned companies have a bit of strength, but the management is loose, do not pay attention to efficiency and the future, the management of hún luàn, sī people's enterprises, most of the strength is extremely limited, our next branch will be much larger than them, there can be no competitors at all", for the domestic enterprises in China, Christopher is looking at it from a lofty perspective.

"The Chinese culture is broad and deep, the country has been open for more than 15 years, the economy is growing rapidly, in these 15 years, they have accumulated a lot of wealth, and the wise Chinese are pursuing introverted philosophies, they are reluctant to promote their wealth, there are historical reasons, you don't forget, the British who once claimed to be the empire on which the sun never sets, have surrendered to them ten years ago, so some information you don't know is also possible" Robert Galvin taught his son some Eastern philosophy and culture like a wise man.

In this way, it reminds me of a company, the purpose of our Ericsson cooperation is this company called Anycall Communication Company, which is invested by a Hong Kong company, which is now the largest investment enterprise in communication in China, and it is because of this that I persuaded Ericsson to abandon the g*m standard and unite to suppress them, as long as this company is down, China's annual billions of dollars of profits are ours." , the father's mention of Hong Kong, finally reminded Christopher of the storage zài of AnyCall Communications.

"I saw your report on this company, it is indeed not to be underestimated, investing hundreds of millions of dollars, especially in research and development is simply an outlier, actually more than a year to spend more than 100 million dollars on research and development, although far inferior to us, but unique in China, it is precisely because of this, I support your idea, even if you pay more costs, you must use CDMA standards for the Chinese market" Old Galvin took out his pipe, filled it with some Cuban tobacco, and after finishing speaking, took out a jīng alloy lighter in the chōu drawer and lit it.

"But they can't have so much money, more than 20 billion US dollars, that's more than 100 billion RMB, even if it's a Hong Kong company, who can come up with that much money at once?", Christopher shook his head and said.

"As I just said, don't underestimate the inner strength of the Chinese, didn't you mention in the report that in addition to investing in this anycall communication company, they also invested in computer companies, software companies, and tourism companies, all of which are big investments, which shows that their strength is very strong."

"Those are mostly co-invested by many companies, besides, I found someone to investigate those investment companies last year, and there is no money on the books at all, let alone 20 billion US dollars, 2 billion US dollars can't be made up", it seems that Christopher, who is a rich second generation, is not confused in everything.

"Then that's weird," Robert Galvin was confused by his son's words.

"But the parent company of the investment company is not in Hong Kong, for example, the parent company called Everest Investment is registered in the Cayman Islands, which is obviously an offshore company, and the information is not available," Christopher added.

In fact, the capital composition of Chen Kangjie's company is much more complex than at the beginning, not just the registration of an offshore place is transferred to Hong Kong, but in a number of offshore places around each other, the funds are also broken into parts of the global dispersion, famous, there are dark, such as in the European part, but also through a number of Swiss banks to disperse the funds, is afraid that someone will check, a few years later, not to mention outsiders, Chen Kangjie himself is not very clear about how many dark investment companies under him.

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