The first thousand three hundred and six chapters walk on two legs
He picked up the teacup and ran into Powers. Fu Song smiled and said, "BMW never thought that someone would use this method to copy its homework. I am looking forward to the near future. BMW will be surprised, haha."
Bowers knew that Fu Song had built a car factory in China and the production line was bought from the Soviet Union, so the technical level was imagined, so he asked: "Mr. Fu, do your automobile companies in mainland China have the intention to acquire a merger?"
"Merging and acquiring a car company?" Fu Song shook his head with a smile, "I don't have any idea about this yet."
For a long time, he has had a heartfelt disgust towards domestic car companies and domestic cars, mourning his misfortune and angering his inability to fight.
In his opinion, the biggest reason why domestic cars are struggling is that domestic car companies can either only buy, such as boss 2 trillion yuan, or only introduce foreign technology, such as all joint venture car companies.
The independent research and development is a mess, and it has been leveraged to squeeze out the people of the country but it is full of tricks. A Santana cost only tens of thousands of yuan. Foreigners suggest selling 100,000 yuan per car. The Chinese side dares to sell more than 200,000 yuan!
Even foreigners from capitalist countries were stunned, and their ugly faces were beyond their reach. They were unprecedented and no one came later.
I am so proud to call on the people to support domestic products and support you to paralyze!
Therefore, from the moment I decided to build a car, Fu Song automatically cut off the idea of buying, buying, buying and introducing technology in joint ventures. He would rather develop slowly than take one step at a time and lay a solid foundation.
Powers just said casually, seeing that Fu Song was not very interested in acquiring a car factory, so he stopped.
Unexpectedly, Shen Hong was interested in this matter and asked: "Mr. Bowles, if you want to acquire the car factory, do you have any good recommendations?"
Fu Song looked at Shen Hong in surprise, wondering. She had talked to her about the planning of Mucheng Automobile Group before, and she should not be unclear about her thoughts, so why did she get involved?
Before he could figure it out, he heard Powers say: "GM lost $4.4 billion the whole year two years ago, and there is no sign of turning losses into profits yet. GM is just a microcosm of the recession in the automobile industry.
In recent years, many auto manufacturers in North America and Europe have suffered losses except Ford. Therefore, many auto factories have put on the shelves, including well-known auto companies such as the British Rover Group and the Swedish Saab.”
"Thank you!" Shen Hong nodded and thanked her without saying anything.
Fu Song didn't think much about it. He saw that it was already past five o'clock in the afternoon and was about to serve tea and see the guests. Suddenly he remembered something and asked, "Bowers, do you have an impression of Duan Xiaolei?"
Powers immediately said: "I invested in his company. Of course I remember him. This is a very thoughtful guy, but he is not very lucky. He has achieved nothing in his nearly 40 years old."
Fu Song said curiously: "I'm not very lucky? Where do you start?"
Bowers said: "Duan worked at Acer Computer before coming to the United States, from a sales engineer to a company director. When Acer was preparing for stock listing, he chose to leave, otherwise he would have been a millionaire now."
Fu Song smiled and said, "This is really bad luck. It's like winning the top prize when buying a lottery ticket, but losing the lottery when he went to redeem it."
Powers nodded deeply and continued: "In the 1986 period, he came to the United States and founded a company with his friends, mainly engaged in the trading of electronic parts. The company developed well, and after two years, the assets would be $3 million. Then his company launched a new product, a computer similar to a network workstation.
The product was very popular after it was launched. In the first half of 1990, hundreds of units were launched in Europe and received a large number of orders. But soon all the goods sold were returned, for only one reason: the machine did not install a cooling fan, and the office did not consider the situation where the air conditioner was not installed in the summer."
Chen Hong frowned and said, "It's too careless."
After saying that, I added to my heart: If I were an investor, I would never invest money for such people!
Powers smiled and said, "This is just a small blow. Then Compaq triggered a big price reduction in personal computers around the world. Intel's CPU even fell below the factory cost price in the market, and the global market is very recession.
Duan's company was also greatly affected, and Duan chose to leave the company in the end. Then he formed a team last year to develop the chip of the windows operating system window accelerator. Mr. Zheng recommended Duan to me. Duan's plan was done well, so I invested $2 million."
Fu Song asked: "How is the current progress in R&D?"
Bowles shrugged and said, "Although the first generation of products has been made, I am ready to lose money."
Fu Song said in surprise: "Why?"
Powers sighed and said, "When I decided to invest, Microsoft's operating system was still Windows 3.0. Not long after, Microsoft upgraded its operating system to 3.1. No one expected that Microsoft's operating system would be updated so quickly.
Moreover, Duan and their development work were closed and they were working on it, waiting for Microsoft's new system to come out before following up. Companies that made the same products as them directly sent people to Microsoft's headquarters in Seattle to study the direction of the new generation of Windows operating systems.
Obviously, we have made a strategic mistake. This kind of product that is parasitic to other products cannot be developed based on the existing market, but based on the future market.
Mr. Fu, I have an unshirkable responsibility in this matter….”
Seeing that he took responsibility for him, Fu Song waved his hand and said, "Investing is risky, especially investing in such a startup, so it is called venture capital. What is Duan Xiaolei doing now?"
"I'm working on the next generation of Windows 3.2, but that $2 million is about to run out, and I don't plan to invest additional investments," said Bowers.
Mr. Fu, are you interested in Duan’s company? I think I have an obligation to remind you that with the continuous improvement of CPU performance and Microsoft’s further optimization of operating systems, products like Windows System Drawing Accelerator will have only one ending, that is, they will be eliminated by history.”
"Bowers, I wonder if you have heard of graphics cards?" Although Fu Song knew nothing about computers, he still knew that the computer had to have CPUs, memory, graphics cards, and hard disks to run normally.
Although he does not know what the principle of the Windows drawing acceleration chip developed by Duan Xiaolei, the literal sense of the product name should be similar to the display chip.
Powers suddenly realized: "Of course I have heard that you mean to let Duan's company switch careers to display chips?"
Fu Song nodded and said, "Duan Xiaolei's company already has a certain technical foundation and accumulation, so it should not be difficult to change careers."
Bowles frowned slightly and said, "Mr. Fu, as far as I know, there are many graphics card companies on the market now, and the market is basically saturated, and the prospects for reinvestment in similar companies are not bright."
Fu Song smiled and said, "That is the computer market of x86 platform. Don't forget that Yuanwang computer platform also needs a large number of display chips."
Without a display chip, the computer cannot run normally. Although Yuanwang Technology has designed a display chip for Yuanwang computer platform, its main energy is still on the design of CPU.
At present, the performance of Yuanwang computer's display chip can only be said to be sufficient. No, to be precise, it should be able to use it, and it can run the computer and display it normally. If there are more, I dare not expect it.
Therefore, Yuanwang Computer can only play some simple 2D games now, and the more complex game display chips cannot be carried. Therefore, Yuanwang Technology's employees jokingly say that Yuanwang Computer is a real computer, and parents can buy it home with confidence and boldness, and they will never have to worry that their children will delay their studies by just playing games.
"Mr. Fu, Yuanwang computers need display chips that can be used immediately, so I think it's better to acquire a ready-made display chip company, such as small chip manufacturers or even startups," said Bowers.
A light suddenly flashed in Fu Song's mind and he asked quickly: "You just said that there are many graphics card companies on the market now? Which companies are there?"
Although Bowles was puzzled by Fu Song's eagerness, he still thought about it carefully and said: "The largest display chip manufacturers are Ati, Daiwan's via, matrox, etc."
"It's gone?" Fu Song only heard atti, but didn't hear nvidia. He couldn't help but wonder, wasn't nvidia yet established?
He remembered that there were two main companies that made personal computer display chips, one was the red ATI and the other was the green Nvidia.
But later ATI was acquired by Amd, while Nvidia has been developing well.
Especially in the second half of the 2010s, nvidia's stock price soared with the wind of Bitcoin mining and artificial intelligence, and its market value even soared to twice that of Intel, which was comparable to Cisco in the 1990s.
Such a company must not give up on investment opportunities, nor can it push it into the opponent's camp.
Ati was established too early and it is difficult to intervene, but if Nvidia has not been established or has just been established, it would be different.
Even if you cannot become its major shareholder, you can still become one of the major shareholders and thus exert influence on it.
Of course, Fu Song has always adhered to the creed that "it is better than having a father or a mother" in business, so even if he can take down Nvidia, he will not give up Duan Xiaolei's company.
In his preliminary plan, the latter is mainly adapted to the Yuanwang computer platform, and the former can only be used as a supplement.
Only by walking with two legs together can you walk steadily.
"These four companies are the world's largest display chip manufacturers, with their products occupying more than 90% of the market, and the others are either small manufacturers or startups," explains Powers.
Fu Song said: "This way, please help me collect information about display chip companies, regardless of size, including startups, the better. In addition, I want to meet Duan Xiaolei, please help me make an appointment, the faster the better!"
Bowers said: "Okay, Mr. Fu, Duan is in San Francisco, and he will be here tomorrow."
As soon as he saw Powers go away, Chen Hong shouted that he was hungry.
Fu Song said angrily: "I will not eat at noon and starve to death!"
Chen Hong smiled and said, "Now the mouth above is hungry."
Fu Song laughed and scolded: "You are really a treacherous person. I have to feed you two mouths every day!"
Chen Hong wrinkled his nose and said, "What? Not happy?"
Fu Song sighed to the sky: "I will be squeezed out by you sooner or later!"
There is a buffet restaurant inside the medical center, and the food is quite rich.
Chen Hong followed the doctor's advice and ate lighter, so she kept looking at the steak on Fu Song's plate.
Fu Song inserted a piece of beef with a fork and handed it to her mouth and said, "It's okay to eat a little."
Chen Hong swallowed hard, and finally shook her head and said, "If you don't eat, don't eat, don't tempt me!"
Fu Song smiled and stuffed the beef into his mouth. He chewed it so hard that his mouth was filled with oil, and asked, "Why were you suddenly interested in the car factory just now?"
Chen Hong took a bite of salad and said, "It's not interesting either, I mainly want to know about it."
Fu Songcai didn't believe her nonsense and said, "Neither Rover Group nor Saab Automobile Company are anything we can get involved."
Chen Hong looked up and said, "Didn't Bowles say that they have poor performance and serious losses. I wish I could find a boss."
Fu Song snorted, "You said you are not interested. I honestly explain, what do you want to do?"
Chen Hong's face turned red and she muttered, "I want to help you."
Fu Song laughed silently: "Xiaohong, if you have such thoughts, I have to thank you first."
"You're welcome!" Chen Hongmei smiled and said, "Who is with us?"
Fu Song said: "But, thank you very much, but I will not acquire the car company, at least not yet."
Chen Hong said inexplicably: "Why? You are not without money. How great is it to acquire a ready-made car company and get technology and production lines!"
Fu Song smiled and said, "This is not a problem of money. Well, no, although it is a problem of money in the final analysis, the biggest problem is not money. You don't think that by acquiring a car factory, you can just pack the production line and technology back to China, right?"
Chen Hong said: "Since you have already bought it for money, it's just my thing. You can do whatever you want."
Fu Song said: "How is it possible? I can move the essence of the Likhachev Automobile Factory back to China. That's because the Soviet Union collapsed and Russia was in a state of chaos, which made me find such a big advantage.
Do you know why Western countries attach importance to the automobile industry?”
"Does it pay more taxes?" Chen Hong said uncertainly. Seeing him shook his head, he thought for a while and said, "Can you provide a large number of jobs?"
Fu Song nodded and said, "A car factory has at least a few thousand people, at most tens of thousands, or even hundreds of thousands. So, if I buy the car factory and move it back to China, what should I do if the original workers do?
Employment issues concern the political achievements and votes of local governments. If one is not handled well, car workers will go to the streets to cause trouble, and the support rate of the men will decline.
What's more, the automobile unions in Western countries, haha, that is definitely the biggest weirdo, no doubt about it!
I don’t want to spend countless dollars and have to keep a bunch of old men who can’t do anything.”
Chen Hong sighed and said, "I took it for granted that I have specialized in my skills."
Fu Song said: "In fact, it is the same when doing venture capital. You need to understand something in every field. For example, Duan Xiaolei's company, as a venture capitalist, Powers made such a mistake."
Chen Hong said thoughtfully: "No one is perfect, and a person's energy is limited, so a professional team must be formed. It seems that the people in Powers' team who are responsible for this are negligent."
Fu Song smiled and said, "Look, you've got started. Leave professional matters to professionals, so don't worry about automobile matters."
Chapter completed!