Duke's wedding ended in an unusually warm atmosphere with the Rongcheng political bigwigs as the main bridals. The uninvited member of the Standing Committee of the Provincial Party Committee and the secretary of the Municipal Party Committee gave Duke a handwritten "Hundred Years of Good Cooperation" calligraphy. The character is thin and hard, compact in structure, and has a bit of willow style.

According to the results of Cai Siqiang's inquiry, this big secretary with a bright political future will never write an inscription for someone when he is idle, so Duke can get his ink treasure, which is definitely an outlier. From the thoughtful looks of Secretary Zhao of the Management Committee of the High-tech Zone and Mayor Zhang of Dongcheng District, it can be seen that the two have different views on Duke.

For Cai Siqiang, this is also a big backer that can be relied on. I believe that this news will spread all over the officialdom of Rongcheng in a short time, this inexplicable and sudden backer himself has a deep background, and it is by no means comparable to District Mayor Zhang and Secretary Zhao, and the big man who is very promising to enter the center in the future obviously has an extraordinary impact on the future development of SAL.

However, Duke obviously didn't understand these very well, although he went to pay a return visit to thank this great god according to Cai Siqiang's instructions and rules, and the secretary also chatted with Duke for about ten minutes before sending off the guest, but there was no reason why Duke looked at Duke differently, but only encouraged Duke to return to China after completing his studies and make new achievements for the country.

Fortunately, Duke doesn't particularly care about this, he still cares about what he does, and if he can't figure it out, he can't figure it out, anyway, it doesn't seem like a bad thing now. I didn't have much time to come back, and there were still many things that I needed to communicate with Cai Siqiang, so I quickly put down this matter and came to SAL to discuss the future development path of SAL with Cai Siqiang and others.

"In the future, I think the mobile phone market is our main battlefield, in 2011 China's mobile phone sales reached 280 million, and the global mobile phone market shipments reached 1.6 billion, in 2012 the global mobile phone shipments will exceed 1.8 billion units, to 2014 the global mobile phone market shipments will exceed 2 billion units."

Cai Siqiang pointed to a few numbers on the projection, and said with a very excited expression, "Among the 1.6 billion mobile phones sold worldwide in 2012, the number of smartphones exceeded 500 million, and 100 million Apple iPhones were sold alone." ”

This is a staggering number, considering that Apple's mainstream iPhone products are expensive, and the revenue from mobile phone sales alone is tens of billions of dollars. Just thinking about it is enough to make people's blood boil.

This is a vast world that can be galloped by others.

"Originally, relying solely on our intelligent voice recognition control technology, the chances of fully cutting into the mobile phone industry are not too big." After introducing the mobile phone industry, Cai Siqiang turned around to introduce his own advantages, "But not long ago, Duke Labs successfully developed a new mobile phone operating system, which has surpassed the current mainstream IOS and Andriod in terms of performance and ease of application development." ”

The two technologies of new display screen and light sensor power supply have not yet been mentioned by Duke to Cai Siqiang, so Cai Siqiang does not know that Duke is now both soft and hard, and has made a great breakthrough, although the display raw material manufacturing plant needs a huge capital investment.

"Combined with our intelligent voice input and control technology, we can compete with any competitor in terms of mobile phone software. What we are lacking now is hardware design and production, sales channels, and branding. ”

"Based on our previous experience with navigators, the fastest way to get these things is to acquire a mature and affordable mobile phone company to make up for these shortcomings."

"So, the topic we're going to discuss today is whether to acquire a mobile phone company, and secondly, if we want to acquire, who do we choose to acquire?"

In the spacious conference room, the main executives of SAL sat down, in addition to Cai Siqiang, Duke, Dong Feng, Zhao Jianwu were all present, in addition to venture capital representatives, new director Liu Rucheng, and high-paid overseas M&A director Zhan Shaofeng.

"Mr. Cai, mergers and acquisitions of companies need a lot of funds, according to the facts just stated by Mr. Cai, now in the international market to meet the conditions for acquisition is nothing more than two, one is HTC, the other is RIM, because sales are far less than expected, HTC's market value has now fallen below $8 billion, and RIM has fallen below $6 billion."

Zhan Shaofeng was the first to speak, and these data came out of his mouth to show that this high-paid director is not usually idle with a white-collar salary.

"However, no matter which company it is, if it is to be acquired, it will require a lot of capital, and if a full cash acquisition is implemented, HTC will need at least tens of billions of dollars, and RIM will need at least more than $9 billion. Based on SAL's current cash flow, it will be very difficult to finance the acquisition. Zhan Shaofeng was telling the truth.

Even though SAL now has about $4 billion in navigation production orders, on the one hand, these orders are not immediately closed, and even if all are closed, the remaining net profit is a great $2 billion, plus SAL's other revenues, it is difficult to make up even one-third of the funds for the acquisition of RIM.

SAL has just gone through funding, and it is not realistic to launch a second round of funding now. Therefore, the issue of funding is the biggest problem facing SAL.

"We'll talk about the funding later, but now let's talk about whether to acquire and who to acquire?" Cai Siqiang waved his hand and motioned for the meeting to continue. Although they were poured cold water by Zhan Shaofeng, Dong Feng and Zhao Jianwu were enthusiastic and immediately expressed their intention to acquire one.

It's just that in terms of acquisition targets, Dong Feng tends to overseas well-known manufacturers, which is essentially aimed at HTC or RIM, while Zhao Jianwu is much more realistic and pushes for the acquisition of domestic manufacturers, of which Gemdale mobile phone is the first choice, because the two teams have run in well, and there is no problem with cooperation, on the other hand, the valuation of Gemdale mobile phone is much lower.

Don't look at Gemdale mobile phone this year to achieve nearly 10 billion profits, but with the expiration of this year's authorization, next year without the support of intelligent voice control technology, Gemdale will basically return to the original shape, that is, a few hundred million, a billion profits in the era of billions, according to this calculation, more than 10 billion yuan can eat Gemdale.

In US dollars, that is, the price of more than 2 billion or 3 billion US dollars, it is exactly within the price range that SAL can afford.

Although Gemdale's popularity in the international market is almost zero, Zhao Jianwu believes that the domestic market is large enough, and it is not impossible to achieve a net profit of 20 billion to 30 billion yuan a year after winning most of the domestic market share, and then enter the international market on this basis.

Although the pace is slower, it is better to play steadily and steadily, and the feasibility is very high.

Liu Rucheng, a venture capital representative, listened to Zhao Jianwu's ideas and felt that such a plan that took into account risks and development was also a good choice for SAL.