Chapter 31: The Great Pit
2001 was an eventful year. Pen & Fun & Pavilion www.biquge.info
On 1 April, a US reconnaissance plane collided with and destroyed a Chinese military plane in the South China Sea, and pilot Wang Wei died, and Sino-US relations fell to a low point again after the Yugoslav embassy incident in '99.
It is said that after Wang Zhizhi arrived in the United States at the end of March, even when he went to the toilet, the Mavericks had to let the bodyguards follow.
On April 6, Beijing time, Wang Zhizhi played 8 minutes in the Mavericks' home game against the Hawks, scoring 6 points and 3 rebounds.
It was the first Asian to score in the NBA, and it was a historic moment.
Mavericks assistant coach Nelson Jr. said: "Wang Zhizhi is here to play, and it is beyond the scope of basketball. He represents the Chinese spirit. ”
Yes, at that time, Wang Zhizhi was China's international business card, representing China's international image, and later Wang Zhizhi frequently attended various activities in China's bid to host the Beijing Olympics. Who would have thought that so many things would happen later?
At the end of April, Ye Jianguo also introduced a business to Lu Guoqing.
In the previous life, the Lu family, as a common person, didn't even have the opportunity to know Ye Jianguo, and missed the opportunity to have a relationship with the Ye family, and in this life, Lu Guoqing has become a business giant in Tiecheng, and if there is anything, he will think of him as soon as possible.
It turned out to be a Chinese team in Silicon Valley, USA, ready to respond to the call of the country, return to China to start a business, and got a technology company in Jiangbei Province that researched semiconductor chips, but lacked research funds. And the state's appropriation, there are so many people staring at it, it is not so easy to get, so they ask for investment everywhere.
Ye Jianguo has an old classmate who works in the Jiangbei Provincial Department of Science and Technology, and the people in the company complained to him, so he asked for help everywhere and found the Ye family, but they were a little hesitant, not sure, and the liquidity was not so much. Ye Jianguo knew that Lu Guoqing was not short of money, so he mentioned it to him.
Lu Guoqing couldn't pay attention to it, and when he got home, he discussed it with his wife and son.
"Brother Ye wants to give face, at least he has to touch it and see if he wants to talk about it." Qin Li has always had a steady mentality.
"Chips can definitely be made, computer chips can't get Intel, mobile phone chips can still be used, everyone will use mobile phones in the future!" However, the technical requirements are particularly high, Dad, do you have the information of that company? ”
"Oh, Mayor Ye gave me a copy, you can take a look."
"SpreadtrumCommunications, Spreadtrum? The one that was acquired by Unigroup? Lu Xiaofeng saw a familiar name when he saw it, the future domestic mobile phone chip giant, in 2015, he also saw it on the news, saying that Spreadtrum threatened the dominance of Baodao MediaTek in the mainland.
"You know? Is it possible to invest? Lu Guoqing saw that Lu Xiaofeng actually knew about this company, and he was immediately interested.
"I'll have to talk to their people." Lu Xiaofeng was a little hesitant, he was not in the mobile phone industry in his previous life, and he had limited understanding of Spreadtrum, only knowing that it was acquired by Tsinghua Unigroup after it was listed in the United States.
"I made mobile phone chips so early, or a returnee from Silicon Valley, why was it finally acquired? But left the name of Spreadtrum? Is it because there is not enough investment? Lu Xiaofeng was a little puzzled.
For mobile phones, Lu Xiaofeng knows Apple in the United States, Samsung in South Korea, Huawei and ZTE in China, as for chips, he knows that computer chips are Intel's monopoly, and mobile phone chips are Qualcomm in the United States.
"Since it can be listed, it means that it still occupies the market, but why has it been acquired again?"
Lu Xiaofeng's question was in his head, and Lu Guoqing got the answer from several people in charge of Spreadtrum.
It turned out that according to their ideas, they were first preparing to independently develop mobile phone chips based on the second-generation communication technology GSM/GPRS, and then they would respond to the call of the country and focus on the so-called "China's independent intellectual property rights" 3G standard TD-SCDMA.
Speaking of this TD-SCDMA, Lu Xiaofeng was angry.
In the previous life, China Mobile, which was originally chosen with a mobile phone, but after graduating from university, it became popular 3G, the mobile 3G is too rubbish, the network speed is as slow as 2G, you have to wait for half a day to open a web portal, the coverage area is narrow, every time you return to your hometown, there is no 3G signal, watching others watch videos with Unicom's mobile phones, and he can only endure the speed of a snail, watching the news.
Don't say anything, in order not to change the number, he endured it, but when he was on the phone while sitting in the car, he broke off while calling. A check on the Internet, the original mobile TD-SCDMA is not the same as Unicom and Telecom, what is the "China's independent intellectual property rights" 3G standard, but only China Mobile is in use, there are many defects, when the 3G network is poor and automatically switched to the 2G network, can not be seamlessly connected, there will be automatic hang-up.
Moreover, with mobile 3G, you can't roam abroad.
As a result, Lu Xiaofeng had to reluctantly change the operator and replace the mobile phone number that had been used for several years, causing a lot of trouble.
TD-SCDMA, it's a pit!
Only the standards used by China Mobile can be developed?
Definitely not!
No wonder the mobile roared and came up with 4G again! Many users have directly transitioned from 2G to 4G.
Could it be that Spreadtrum made the mobile TD-SCDMA mobile phone chip?
It's no wonder.
It's only 2001 now, according to Lu Xiaofeng's memory, China began to have 3G, it should be 2009, the Beijing Olympics had such a good opportunity, and 3G was not launched, so you can imagine how rubbish this TD-SCDMA is.
If a few people in charge of Spreadtrum insist on TD-SCDMA, that is, it will not pay off until at least 2009. After waiting for so many years, the daylily is cold.
According to Lu Xiaofeng's understanding of the future mobile phone market, whether it is Apple, Samsung, or domestic brands such as Huawei, ZTE, and Xiaomi, the most important thing is not technology, but the market and users.
The technology that users need is a good technology, and the products accepted by users are good products. No matter how clever the technology is, there is no market, and users don't accept it, it's all rubbish!
Moreover, only with a solid market foundation, the investment in technology research and development can be rewarded, and with the return, there can be a new round of investment. The big market brings high returns, and high returns translate into high investment, which is a virtuous circle.
If, regardless of the needs of the market, we forcibly invest in the research of some products that are not accepted by the market in accordance with the requirements of the government, it will not only be a waste of money, but even worse, a waste of key development time and opportunities.
Lu Guoqing inquired through the relationship of the Ye family, it turned out that this TD-SCDMA was still something eliminated by the German company Siemens, and it was sold to Datang Telecom, and some people regarded it as a treasure.
For the sake of a resounding name of "independent innovation", some people completely ignore the laws of economy and science, and understand independent innovation as independent creation.
Mr. Lu Xun's "take-it-or-leave-it" doctrine has been forgotten.
Isn't it innovation if we take other people's things that are better than us, study and study, and continue to develop and improve?
There are more than one billion people in China, and such a large mobile phone market is not racing against time to seize it, but watching others occupy the market and make a lot of money, they are working hard to wave their hoes and dig holes there, trying to dig up a piece of dog's head gold one day.
So in the end, Lu Xiaofeng's condition for Spreadtrum is that he can occupy less shares, but he must lead the company's strategic direction, and must not fool in any TD-SCDMA, but concentrate on the research and development of GSM/GPRS mobile phone chips according to market needs, and then develop international mainstream 3G chips after occupying a certain market. China does not use 3G, so it can be sold to foreign countries.
Lu Guoqing told Lu Xiaofeng about the judgment of the mobile phone market and the difficulty of TD-SCDMA chip from R&D to application, or reluctant to the temptation of "independent innovation", never forgetting TD-SCDMA, insisting on "innovation for the country". To put it nicely, it's too idealistic.
The first contact, unhappy parting.
The high school entrance examination is approaching, Lu Xiaofeng also accompanied Ye Yufei to start a serious review, thinking that after this period of time, he would accompany his father to the coast or abroad to inspect it to see if he could find a suitable company to invest in and enter the most profitable mobile phone industry in the next ten years.
Huawei don't think about it, their management system is closed, and they have a government background, so they are not bad for money.
ZTE and backgammon maybe.
Apple in the United States can also cooperate.
Anyway, now that he has investment funds at home and abroad, he doesn't have to worry about finding investment projects.
After selling some of Tencent's shares to MIH last year, Lu Guoqing transferred $10 million from abroad back to China with the arrival of MIH's US dollars, and the remaining $15 million remained in XY-CAPITAL's account, and went to the United States to handle the investment in stocks.
Originally, I wanted to speculate in U.S. stocks, and the agent brokers in Hong Kong can also speculate, but there are still some restrictions, and according to Lu Xiaofeng's understanding in his previous life, speculating in stocks in these agent brokerages is neither protected by US law nor Hong Kong law, and the supervision of funds is also a big problem. There have been many incidents in history where investors' money has been hacked. So he would rather go to the United States in a little trouble, just to be practical.
According to Lu Xiaofeng's suggestion, I chose the famous brokerage, InteractiveBrokers, and later there is a Chinese name "IB", is one of the largest brokerages in the United States, founded in 1977, and later became a listed company on NASDAQ, and because the founder is engaged in computer programming, so it is particularly committed to the automation of trading, and its trading software TWS is the most famous.
However, this "IBKR" company, which is mainly aimed at professional and high-capital traders, does not charge cheap, with a trading fee of $0.005 per share, and there are requirements for monthly trading commissions, if it is too low, there is also a market data fee.
LU GUOQING'S XY-CAPITAL, WHICH IS READY TO INVEST MILLIONS OF DOLLARS, IS OF COURSE A BIG TRADER.
It is much easier for an individual to open an account with a brokerage, just submit his personal documents and contact information, address, and fund deposit method, while Lu Guoqing buys and sells stocks through XY-CAPITAL, which is much more troublesome.
It is necessary to provide the company's name, address, nature, tax number, estimated net output value, estimated net current output, annual net income, total assets, bank account, shareholder's name, date of birth, address, telephone number, nationality, passport, a lot of information, and also need to provide paper things to corroborate, such as government-issued certificates, documents, etc.
Despite the full preparation, it took Lu Guoqing almost a week to successfully open an account, and after transferring the money through the bank, he could trade the next day.