Global monopoly of technology

During this period of time, Luo Sheng’s work focused on the two new projects of Bluestar Technology. On September 27 of this year, the Blue Coast Company held a press conference again, and the newly promoted Yao Jianhong hosted the press conference. Yes, the Azure-3G version was officially launched.

Mainly issued in overseas markets, the domestic 3G network is also accelerating the construction of steps.

The new product did not undergo subversive changes, so Luo Sheng did not show up to preside over the press conference.

The biggest highlight is that the price is 10% more expensive, emmm... well.

Luo Sheng chooses to take the high-end route instead of the old routine of small profits but quick turnover. The technological content of the products is more than five years ahead of the industry. It would be a bit stupid to follow the route of small profits but quick turnover.

The biggest technical highlight of the 3G version or what consumers expect is to support 3G networks. Although the Azure-X model supports WIFI function, it is a mobile phone after all. It is not convenient to have WIFI everywhere in this era.

Therefore, it has been almost a year since Azure-X was released, and its sales volume has exceeded 2 million units, and the inventory is still over 100,000 units.

Consumers are not stupid, and Azure mobile phones are not cheap. Even in the European market with strong spending power, a mobile phone of €700 is definitely considered a high-end consumer product as a consumer electronics product.

The International Telecommunication Union (ITU) has already established the 3GPP standard agreement in two thousand years. The so-called 3GPP means the "Third Generation Partnership Project."

For most consumers, it is obvious that they want to wait for the 3G version to be available before buying.

In addition to supporting 3G networks, the Azure-3G version still has many technical highlights, such as visual voice messages, voice calls, including recording functions, and of course the AOS2.0 version of the operating system that is simultaneously updated and online, and also includes more applications Program and third-party development software, more stable system operation and related optimization.

And users who bought the Azure-X model can also upgrade to the updated version of AOS2.0 on the day the 3G version is released, which is from December 24th, but there are still some applications due to the limited network speed. It can only be used when WIFI is connected to the Internet.

It is worth mentioning that after the 3G version of the product is finalized and put on sale, the team of engineers on the Riviera has begun to receive Luo Sheng's new task, which is to develop a new generation of AP processors and communication baseband chips based on 4G networks.

In other words, it is starting to demonstrate the 4G version of the smartphone. The initial investment Luo Sheng gave is 500 million US dollars, but it is definitely far from enough.

Now there is no need to find a bank to borrow money, because the Côte d'Azur has already begun to generate income, and the current financial environment is unable to borrow a lot of loans, because the continuous outbreak of the subprime mortgage crisis and the expansion of its spread have already begun to affect the real economy.

The most direct manifestation is that physical manufacturing companies can’t get loans or it’s harder to get loans. Now all major financial service companies are saving their lives. Where can they dare to borrow money or increase leverage?

Fortunately, the Côte d'Azur company is not affected.

As the saying goes, step by step, step by step, not surprisingly, Luo Sheng knew that around 2009, the International Telecommunication Union would complete the formulation of the 4G standard, and this time the standard formulation will undoubtedly involve China.

The Blue Coast Company and Bluestar Technology Group are now members of 3GPP. The formulation of 4G standards is mainly promoted by hundreds of members of 3GPP, including various operators, equipment vendors, network service providers and so on.

The Blue Coast Company is an equipment vendor, and the Bluestar Technology Group is a network service provider.

According to the 3GPP standard agreement, any member can initiate a proposal and discuss it in the meeting as long as it has the support of the other 4 members.

The passage of the proposal depends on the confrontation and mediation between giant manufacturers. There is no doubt that the 4G standard formulation, Luo Sheng's voting weight ratio, ranks among the best among hundreds of members, and plays a decisive role.

Its main influence is not the Côte d'Azur company. The current market share of its mobile devices is still not ranked, and the right to speak is relatively weak. It is mainly the Bluestar Technology Group. Its global influence is self-evident.

...

October.

After the long holiday, Luo Sheng came to work at the Blue Coast Company today to deal with some backlogs.

"Come in."

When Luo Sheng heard the knock on the door, he raised his head and glanced. It was Qin Weimu who walked in, staring at Luo Sheng and said as he walked: "Our funds have left the market completely safely. All the proceeds from our investments in the Paulson Fund and Chuanren Fund have been credited to our account yesterday."

"Winter is coming..." Luo Sheng said without raising his head: "What is the current situation in the international financial market?"

A financial turmoil sweeping the world is about to come. No one can stay aside, and naturally they have to understand a little bit. Qin Weimu has been paying attention to and analyzing this aspect.

"In the recent August, September and February, the seedling companies in various countries have been rushing to rescue the market. Most of the world's stock indexes have fallen across the board, and only technology stocks have risen against the trend."

Hearing that Luo Sheng put down his work, leaned back against the chair and sighed, and said: "Technology stocks will not last long. The trend is unstoppable. Let's all follow the explosion."

Qin Weimu handed him a piece of information in his hand: "These are some major events in the international financial market that I have compiled in the past two months."

Luo Sheng took it and opened the general overview.

Beginning on July 10, 2007, when Standard & Poor's lowered the rating of subprime mortgage bonds, the global financial market immediately fluctuated.

By the beginning of October, there was an avalanche trend in the two-month period, and then France's largest bank announced its involvement in US subordinated debt, metal crude oil futures and spot gold prices plunged.

In early August, the subprime mortgage crisis in North America spread, and the European seedling industry intervened, and the rescue operation kicked off.

Seedling banks around the world injected more than $326.2 billion in capital to rescue the market within 48 hours, and the Federal Reserve injected $38 billion in banks three times a day to stabilize the stock market.

A few days later, dozens of entities such as Wal-Mart and Home Depot suffered huge losses due to the subprime mortgage crisis. On that day, the three major European and American seedling firms once again injected more than $72 billion to rescue the market.

By mid-August, the subprime mortgage crisis worsened. The Asia-Pacific stock market suffered the worst decline since 9/11. The Fed lowered the window discount rate to 5.75%. Japan Yangyang Bank injected another 1 trillion yen into banks, and Europe also plans to increase it. Rescue efforts.

After that, Japan Yangyang Bank once again injected 800 billion yen into the banking system, and the Reserve Bank of Australia also injected 3.57 billion Australian dollars into the financial system.

In late August, the Federal Reserve injected another US$3.75 billion into the financial system, and Europe added 40 billion euros in refinancing operations. The Bank of England loaned 314 million pounds to commercial banks to respond to the crisis, and the Federal Reserve followed in the next four days. Inject 7 billion US dollars, 9.5 billion US dollars, 5.25 billion US dollars and 10 billion US dollars respectively.

By mid-September, the Federal Reserve lowered the federal funds rate to 4.75%.

In the current October, the Federal Reserve is still trying to save the economy that continues to collapse. The North American Treasury Secretary helped major financial institutions set up a $100 billion super fund to purchase troubled mortgage securities.

...

At the end, Luo Sheng closed this statistical material, tilted Erlang's legs involuntarily, turned his head and asked Qin Weimu, "How much do we earn?"

Qin Weimu: "The current book capital pool of offshore funds is 45.818 billion U.S. dollars. The total return on investment this time is locked at 639%. You now have more disposable wealth than Bill Gates."

Hearing that Luo Sheng closed his eyes and took a deep breath. After a while, he opened his eyes and couldn't help but whispered: "Made, starting a business in 2003, and struggling hard for three or four years. The profit is less than one-tenth of this investment."

According to Luo Sheng's current stake in Bluestar Technology, excluding the stock price premium, only the net profit sharing income, which is more than three billion US dollars, is equivalent to about 8% of his gains from the North American housing market.

Even if it is 8%, that is an astronomical figure, and 99.99% of all human beings cannot achieve such an achievement.

Obviously, this can also prove from the side how profitable the North American housing market is.

However, this money is still not enough to build the "spare tire plan". Once the "spare tire plan" is fully rolled out, it will burn seven or eight billion dollars a year, or even tens of billions of dollars.

This more than 40 billion US dollars will be able to burn for about four or five years, starting from nothing and embarking on a path of technological self-reliance, and finally catching up and surpassing it head-on, it is absolutely hell-level difficulty.

...