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nunetets is a voice and image solution provider, is a global professional engaged in speech recognition software research and sales of companies, the voice assistant sIRI launched by Apple and iFLYTEK to maintain a leading position in China is based on nuance technology based on the language recognition technology!

Nuannetce's speech technology can recognize about dozens of languages and dialects, and through Guò's independent research and acquisition, Nuance has obtained the absolute leading number of speech-related patents in the industry, and currently has nearly 1,000 patents and intellectual property rights.

Before Microsoft, IBm and other giants just realized the importance of language recognition technology, nuance has built an extremely strong patent moat and market competition barriers, the company's basic patents make it difficult for latecomers to effectively avoid, which is also an important reason why Song Chen hopes to acquire nuance!

Now that you know the importance of Nuance, an early acquisition is better than a late acquisition to grasp the initiative of the whole thing!

Robin Li replied: "Nuance only agreed to license the language recognition technology to us, and did not say anything about our acquisition, but they did not refuse, which shows that the board of directors of nuance has a certain difference of opinion on the olive branch we have extended over!" ”

Nuance is a listed company, and since the management does not refuse to be acquired, it means that his plan is viable, and the key to the success of the acquisition is after putting aside the "concern that the people are Chinese". It's just the price!

Song Chen nodded and said, "Keep in touch with them." But try not to let the news leak out until the two sides have substantive contact! ”

There is no need to rush to negotiate the acquisition with nuance at present, as long as you convey googLe's goodwill to the other party, keep in touch and wait until it happens!

Of course, what is more important is that Song Chen's current funds have a clear purpose, otherwise he has as much as three or four billion dollars of disposable cash. Supporting googLe's acquisition of nuance, whose revenue is not large, is not a problem at all!

"Understood!"

Song Chen said: "If googLe wants to acquire Doubleclick Company and conduct Series B financing, it is imperative to introduce other investors!" I suppose it is necessary to talk to Gerald, manager of the Legg Mason Group? Belu talked in depth! ”

Fan Xue, who was holding a copy of the text, heard this sentence and said softly behind Song Chen: "At half past eight in the morning, Mr. Beilu had already called, hoping to make an appointment to meet you officially. He's on a plane to San Francisco right now! ”

Song Chen curled the corners of his lips and said in a relaxed tone to the other executives in the conference room: "There is no doubt that we have the initiative!" ”

Everyone smiled.

The googLe's affair is over, paypaL executive Logg? On behalf of his company, Filip also reported to Song Chen, especially with the launch of paypaL Yue Bao products, which have been well received by users at home and abroad. The precipitated funds that allow paypaL to be placed in Wells Fargo have accumulated billions of dollars, although it does not have a certain amount of interest income like China's Alipay, but it also allows paypaL to play an advantage in activities with Meisheng Group and other fund companies!

Song Chen was very satisfied with the substantial growth of paypaL, and praised Logge first? Filip and his team's performance appeased paypaL's resentment over the spin-off of the security department. And it is promised that more than 200 people from paypaL will receive additional material rewards at the end of the year.

That's what makes Logge? Filip turned his anger into joy and sat down in high spirits!

Wait for Logg? Filip debriefed. Zhai Yan said to Song Chen: "Chairman, the integration of paypaL and Alibaba's business line is too high, are you considering putting paypaL into Alibaba Group?" ”

Zhai Yan's words just fell, Logge? Filip was like a little daughter-in-law, and her expression instantly deflated. But he can't refute it, because paypaL's core business is highly dependent on online payments driven by e-commerce, otherwise paypaL would not be able to draw nutrients from Amazon, and within the scope of eBay's attraction and attack, if you don't find a thigh to hold, the prospect will be very bleak!

"No hurry!" In Logg? In Fili's resentful gaze, Song Chen groaned slightly, shook his head and said, "The scale of the two major e-commerce companies 8848 and Alibaba (Compass) is not enough, and it doesn't make much sense to merge paypaL or not!" On the contrary, maintaining paypaL's independent status appropriately can prevent third-party e-commerce platforms from being too jealous and affecting their relationships with partners! ”

Eric? Schmidt also said: "With the implantation of paypaL into Alibaba Group, the fragile relationship between paypaL and eBay will be unsustainable, and it is necessary to wait until 8848 has grown to the scale of the two giants of Amazon and eBay." ”

Andrew? Freeman also said thoughtfully: "paypaL is a wholly-owned asset of the American Chenxing Group, and Alibaba Group is a wholly-owned asset of the Chinese Chenxing Group. After the consolidated financial report, Alibaba Group's financial report is just better than ever! Unless Alibaba Group goes public as a whole, paypaL can last a little longer in the form of independent self-financing! ”

Since everyone is against it, Zhai Yan, who has not yet formed real influence and authority in the United States, has no intention of causing more trouble! In fact, the merger of paypaL is the long-standing wish of her subordinates He Yuntao and others, and it is more urgent than the annexation of Chenxing Home Express, Zhai Yan, as the former president of Alibaba Group, is of course biased!

It's just that now it seems that the resistance is a bit big!

"The merger between Alibaba Group and paypaL is not mentioned for the time being. Leave it to the future when the time is ripe to decide whether to merge or not! Song Chen made a final decision and motioned for the meeting to continue.

This time it is the turn of Tony, CEO of Chenxing Technology? Fadel. Tony, who is not very tall? Faddell was originally almost flat-headed, but now he doesn't even need a few tufts of hair, and the top of his round head is remarkable.

When he stood on the podium and narrated his elaborate ppT presentation, his expression was excited and radiant, like a college student in his early twenties who was still in an ivory tower.

“…… With the enrichment and consolidation of online sales platforms, physical retail stores, agent sellers and other channels, the sales of Chenxing Technology have achieved very good results! The ITunes store has surpassed 10 million in weekly sales. It has exceeded 100 million in January this year, exceeded 200 million in early August, and will now reach 250 million, with a cumulative revenue of about 210 million US dollars for online stores, which is the sales of software and services, and in terms of hardware and accessories sales, Ipod has sold about 70,000 Ipod units worldwide this year, with an operating income of 290 million US dollars. The total revenue of the ring this year as of August 31 is 500 million, and the cumulative sales of iPod have reached 1oo units, which can basically consume the micro hard disk production capacity of partner Toshiba Corporation! ”

$500 million! This is an eye-catching number, the total revenue is higher than googLe, but there is no googLe to attract money, one is because the gross profit margin of Chenxing Technology is relatively low! For example, ITunes' $210 million. Because of the copyright fee, it needs to pay the majority to the music giant, and the gross income is less than 60 million, and this 60 million not only needs to pay for fixed investments such as telecommunications fees and servers, but also has high operating costs!

The net profit is not even 30 million dollars!

However, Song Chen did not completely pin the profit base of Chenxing Technology on ITunes' online store. His goal is simple, to drive iPod sales growth with ITunes! This business strategy, copied from Apple, was visionary and difficult to replicate from the start. No matter which competitor it is, the business model of Chenxing Technology has not been able to succeed with unilateral reference!

Samsung, for example, is careful to avoid high-end digital players and patiently consolidate the low-end market! Can't Lee Kun-hee come up with a more valuable product than an Ipod? No!

If Lee Kun-hee needs it, he can come up with two or three or even more high-end mp3 products in just three months through the vertically integrated industrial chain of Samsung Electronics, but the genuine digital music purchased by users from ITunes does not support playback on digital players other than Ipod, which means that Samsung cannot use the growing "iPod economy" to show itself!

Samsung can build a more powerful digital player than the Ipod, but it can't create a great product like ITunes: first, Samsung does not have the genes of the Internet; The second is that because the opportunity has been lost, it is impossible to beat ITunes by copying ITunes' products!

The reason why QQ can defeat IcQ is that the necessary condition is the degradation and inaction of IcQ after it is acquired, otherwise it will be difficult for QQ to surpass IcQ and replace the latter, becoming an irreplaceable social product in the minds of global network users!

Moreover, the more profound background of the times is that after Chenxing Technology created the concept of "ITunessToRe", and reached a memorandum of understanding and cooperation with music giants, it is impossible for other people who are interested in replicating the success of ITunes to have such an opportunity, because the music giants have finally caught the successful example of ITunes, and it is impossible to continue to disperse resources on others!

This is the reason why Apple's ITunes has not had a competitor worth mentioning, even the digital music sales platform built by the global music giants has been living in the shadow of Apple!

The emergence and success of ITunes detonated the sales of iPod around Christmas last year, and it has accumulated nearly one million worldwide as of last month! And compared with ITunes' lower gross revenue, "Ipod", as a fashionable and sophisticated brand-new brand, has a high net sales margin, and at least half of the unit price of $399 is a brand premium!

In other words, Chenxing Technology's $290 million iPod sales revenue this year has at least $150 million in gross profit!

Unlike googLe, Chenxing Technology does not have a large-scale digital center project. Buy a few high-end servers for the official website, and most of the maintenance can be directly hosted to googLe; There is also no need to be careful to maintain cash to prepare for the acquisition of a company. It's naturally easy to be without pressure, so don't blame Tony? Fadel is always red and high-spirited in front of everyone!

A good financial report always makes people feel good, not only Tony? Fadell was happy, Song Chen was happy, and even Zhai Yue, who was skeptical of Song Chen's so-called "core theory of building an ecological industrial chain around Chenxing Technology", also showed a knowing smile.

In any case, Chenxing Technology's performance is really very good. And this is only two years, such achievements really can't help but make Zhai Yue have more hopes for this company!

Thinking of this, Zhai Yue asked: "We have been using this product for the Ipod for a long time, and it should be said that since we have used it for nearly a year, except for a few rare crashes, there is no big problem!" Even so, it is inevitable that the Ipod will fail as an electronic product. I want to know what is the yield rate of manufacturing Ipod, and whether the after-sales system of Chenxing Technology has been established? ”

Facing his new boss, Tony? "The average failure rate of iPods is about 2.23 percent, and with Foxconn, the OEM (foundry), the yield rate of iPods is currently steadily increasing from 71 percent," said Fadel. With the improvement of Foxconn's management level and the proficiency of workers, the yield rate will be higher! As for the after-sales system, not long ago, we hired a former Motorola executive with rich experience to join our company to rebuild an after-sales system for our corporate culture! ”

Zhai Yue nodded. Say you don't have any questions to ask!

Song Chen glanced at her and asked, "Why is this year's new product conference postponed to November 25?" ”

"It was two months later than planned. Because there were many accidents in the process of opening: first, the model design of the new product was flawed, and it had been overturned and redone by the design director Mr. Ning! ”

Overturn the redo? The executives present listened to each other, which seemed a little incomprehensible!

And the party Ning Xiang was expressionless, his eyes were faint, and he looked very calm!

Song Chen knows his character, and he also knows that it is not for nothing that he was loved and hated by people in the original clothing company Pufan Design, and inviting him to come to the United States to take up this position is to borrow his strict requirements for excellence in this regard! So not only was he not angry at Ning Xiang's attitude of pushing down and redoing the product, but he spit out two words "very good", and motioned to Tony? Fadell continued.

Tony? Faudle actually didn't like Ning Xiang's fastidious style very much, he thought that Song Chen would have different opinions, but he didn't expect to maintain Ning Xiang's authority so much, so he had to continue: "The second is that Toshiba, a Japanese parts supplier, still has process problems in flash memory particles, and we will reconsider the problem of flash memory in alternative suppliers!" ”

"Flash?" Zhai Yue asked in surprise, "Isn't the storage part a micro hard drive?" ”

She didn't even know? Didn't the boss tell her?

Tony? Fadel glanced at Song Chen and saw that he had no other signs, so he explained with a smile: "This year, we not only released different versions of the next generation upgrade of the Ipod, but we also opened special products for different market segments!" ”

Zhai Yan's heart moved, and asked, "Alternative suppliers?" At present, there should not be many flash memory suppliers with their own intellectual property rights and advanced technology, right? ”

Tony? Fader said: "Yes, Japan, South Korea, the United States, and Taiwan are all ......"

Tony? Before Fadell could finish speaking, he heard a kind reminder: "It's the region!" ”

Is it Eric who speaks? Schmidt, see Tony? Fadell looked over, he looked at Song Chen's Nunu mouth, Tony? Only then did Fadel see Song Chen's suddenly sinking expression.

"Boom", Tony? Faddell secretly complained in his heart, and while correcting his "slip of the tongue" very well aware of the current affairs, he said, "Japan, South Korea, and the United States all have very high-end flash memory research technology, and the semiconductor industry in Taiwan Province of China is up, and Musun Company is also the object of our consideration!" ”

Unintentionally embarrassing his subordinates, Song Chen's face turned slightly pale, and asked, "What about Samsung Electronics?" ”

Seeing that the boss is not angry, Tony? Fadel breathed a sigh of relief, but his words were more cautious: "We have already sent a consultation document to Samsung Electronics, and Samsung Electronics' feedback has been received, and the price is generally higher than that of other suppliers, so it has been excluded by me!" ”

Zhai Yan raised her eyebrows, and her reaction to Samsung Electronics was somewhat incomprehensible: it is inevitable that her daughter was abducted, and Li Kunxi would be angry, but resentment is resentment, business is business, Li Jianxi will not be so short-sighted and push away the door-to-door business, right? Even if you take a step back, Lee Kun-hee is emotional, don't other executives of Samsung Electronics have an opinion?

Or does Samsung Electronics itself have no intention of maliciously refusing, but the price of their flash memory itself is so high?

Song Chen nodded, and suddenly said, "What about the panel?" Is it still using Sharp's technology? ”

Idei Ayaka Idei, who was sitting on the chair by the door with Fan Xue, her eyes flashed, and her expression became more cautious.

Tony? Fadell replied, "Yes!" According to your instructions, as long as the technical parameters of Sharp meet the standards and the price is right, we will give priority to Sharp as the most important partner! ”

Song Chen groaned slightly, raised his hand, and motioned to Tony? Fadell continues!