Reborn multinational giant

Fang Zhe's imaginative blueprint for the future of Xiaomi made both Lei Zong and Lin Xiaobin excited.

However, in front of them, there is also something that bothers the two of them. If it is said that the two of them had a little objection to the acquisition of Authen by Huichuang Investment, and did not want to pay, then they would like to be wholly owned by Xiaomi alone. Acquired Authen company.

One after the other, the attitudes of President Lei and Lin Xiaobin have undergone a 180-degree change, but there is also a reality that has to be faced is that Xiaomi's financial strength is limited, and it cannot spend hundreds of millions of dollars to acquire Authen.

And when it was handed over to Huichuang to invest in the acquisition, Mr. Lei worried that Huawei, Lenovo and other shareholders of Huichuang’s other mobile phone manufacturers would also get fingerprint recognition technology. In this way, even if Xiaomi builds a high-end mobile phone "Huami", where does its high-end advantage come from? ?

Nowadays, in the mobile phone industry, Huichuang is often referred to as a mobile phone patent alliance formed by several major manufacturers. The patented technologies and research and development results in the alliance are divided into several categories, some of which can be used by any manufacturer in the alliance Some of the public patents or technologies are exclusively authorized by Huichuang to individual manufacturers, and some are self-developed patents or achievements held exclusively by Huichuang. Any manufacturer is charged for the use or authorization.

In general, on the one hand, Huichuang has reduced the patent use costs and R&D costs of the major mobile phone manufacturers involved, so that it has sufficient competitive bargaining chips for external manufacturers, especially overseas manufacturers, and on the other hand, it retains internal competition. It is not a simple matter to let all manufacturers have enough enthusiasm to fight for their own interests. Lei always wants to buy Authen while Invoix wants to own fingerprint recognition and other technologies exclusively.

Thinking of this, Mr. Lei couldn’t help but feel a little sad, but he looked up and saw Fang Zhe. Since this kid came to find himself specifically and gave Xiaomi some suggestions for "Huami", he must have already had a solution, so Mr. Lei directly Asked:

"Azhe, don't hesitate, just give me and Xiaobin a pie, don't you know Xiaomi's current financial situation?"

Fang Zhe did not expect that Mr. Lei would be upset about this kind of thing. In his opinion, this is really a trivial matter:

"Mr. Lei, there is an idiom called Yin eats Maoliang. Although this term is a bit derogatory, it is really suitable for me. Xiaomi is now developing rapidly. After a few months of Redmi’s launch, the entire company’s Both turnover and profits will increase substantially. You can borrow some money from the bank or trust first or even conduct another round of financing.

In addition, you are also aware of the patent and research and development results authorization system within the Alliance. Even if the Alliance buys Authen now, you can also discuss with several other shareholders and wait for half a year to bid for fingerprint recognition and the like. Patented technology and research and development results, anyway, Huichuang does not make mobile phones. These patented technologies have to be digested by several of your mobile phone manufacturers. Xiaomi can't eat one bite, can other companies eat one bite?"

Fang Zhe’s thoughts can be regarded as an eye-opener to President Lei. No wonder Huizhong can reach the heights it is today. Even Fang Zhe, a bold strategy like Yin eats Maoliang, just speaks out casually. This is in any safe and conservative company. The founders are unlikely to adopt it. On the other hand, the company's daring to adopt this strategy also shows that the company's helm is optimistic and confident in the company's future development.

In fact, almost most companies have debts on their backs. The bigger the company, the stronger the strength, and the higher the trust of banks and trust funds. At present, many domestic real estate companies and state-owned enterprises and central enterprises have debt ratios. They are all above 50%, and the high point can be close to 70 or 80%, which means that for every 100 yuan of company assets, there are 70 to 80 yuan in debt.

Mr. Lei never thought of adopting this strategy. On the one hand, Fang Zhe had just talked to him about these things, and he had not had time to think about it. On the other hand, he had always been conservative and stable, even in the asset-heavy mobile phone industry. He also used the asset-light model of the Internet industry to do it. As the so-called debt-free and light-weight, Lei always did not want Xiaomi to affect Xiaomi's original intention and development plan because of debt.

Now that Fang Zhe said that, he has gradually clarified his thinking. Since financial issues are not a problem, a series of strategies from receiving Authen to creating Xiaomi’s high-end brand "Huami", etc., have also had a great deal Realization possibility and success rate. For such an anticipated and yearning future, even if the debts at this stage increase the company's operational risks, it is worth it!

Fang Zhe and Mr. Lei spent three or four hours in the reception room talking, from the fingerprint recognition and even cooler facial recognition technology brought by the acquisition of Authen, to how to build Xiaomi's high-end mobile phone brand "Huami" , And then how to deal with the cut-off Apple, how to avoid Apple’s edge, low-key slowly in the high-end mobile phone industry, in the end, Mr. Lei has been almost completely moved by Fang Zhe, he can’t wait to grab it now Starting from Fang Zhe, he flew directly to the United States to buy the Authen company.

Fortunately, although Mr. Lei was overwhelmed by Fang Zhe’s beautiful blueprint, he still sensibly advised himself that he could not eat hot tofu in a hurry. He and the senior executives of Xiaomi must spend more time to do more detailed investigations and research, and think about the big ones. The pros and cons of small and small, let alone say, if they really bought Authen, which should belong to Apple, how should they face Apple? Will it cause Apple to retaliate?

After more than three hours of chatting, Fang Zhe knew exactly what Mr. Lei’s thoughts and attitudes were. Before leaving, Mr. Fang told Mr. Lei: “It’s good to have everything ready, but if you missed the opportunity, there’s no more preparation. Yes, if both a hairy boy and a landlord’s son are interested in a pretty girl, then the best chance for the hairy boy to win is to marry her back home before the landlord’s son knows the pretty girl!"

It wasn't until Fang Zhe's figure disappeared outside the door that President Lei nodded thoughtfully. This is the truth, and then he suddenly smiled: "This stinky boy has taught me. When I was his age, He still doesn't know which kindergarten he learns addition, subtraction, multiplication and division!"

Lin Xiaobin on the side suddenly attacked: "When you were his age, you were indeed a hairy boy!"

Mr. Lei was stunned when he heard this. Xiaomi is a little boy compared to Apple. Mr. Lei more than ten years ago is also a boy who is now Fang Zhe. It seems that he is born to be a boy. !

On February 28th, less than 20 days after Fang Zhe talked to Mr. Lei about the matter, the board of directors of Unitronics approved a controlling or wholly-owned acquisition of Authen, a company listed on the Nasdaq in the United States, and Unitronics also established a special purpose. The task force supervised the matter.

During this period, Xiaomi’s board of directors only took five days to agree to the matter, and in the next half month, under the promises and promises of various interests, Huawei and other major mobile phone manufacturers’ shareholders also approved. This matter.

From the perspective of Fang Zhe and the senior executives of several major mobile phone manufacturers, no matter who the technology is spent in the end, the Chinese manufacturers are the cheapest ones, which can greatly hinder Apple’s innovation pace, not to mention that the manufacturers who finally get the technology will also give others. The corresponding compensation by the manufacturer is more pros than cons for every mobile phone manufacturer.

February 29th, this year is a rare leap year with February 29th. This is only one day every four years, and this day is also the day when Huizhong’s Dota2 mobile game masterpiece is simultaneously open beta domestically and globally!

"Dota2 is in public beta today, I think I'm one step closer to the 100 million bonus!"

This is a sentence that suddenly became popular on the whole network today!