Global Monopoly of Technology

During this period, Luo Sheng's work focused on the two major new projects of Bluestar Technology, and on September 27 this year, Cote d'Azur held a press conference again, which was hosted by Yao Jianhong, who had just been promoted. Yes, the Azure-3G version was officially launched.

It is mainly issued in overseas markets, and the domestic 3G network is also accelerating the construction.

The new product did not have a subversive change, 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, and will not take 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 take the cabbage price route of small profits but quick turnover.

The biggest technical highlight of the 3G version or what consumers expect is to support the 3G network. Although the Azure-X model supports the WIFI function, it is a mobile phone after all. In this age, WIFI is not everywhere, or it is inconvenient.

Therefore, it has been almost a year since the release of Azure-X, and the sales volume is only more than 2 million, and the inventory is still backlogged by more than 100,000.

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 a high-end consumer product as a consumer electronics product.

The ITU organization of the International Telecommunication Union has set the 3GPP standard agreement in two thousand years. The so-called 3GPP means "Third Generation Partnership Project".

For most consumers, they obviously want to wait for the 3G version to go on sale before buying it. After all, it's not cheap.

In addition to supporting 3G networks, the Azure-3G version still has many technical highlights, such as visual voicemail, voice calls, including video recording, and of course the AOS2.0 operating system that has been updated and launched synchronously, including more applications Programs and third-party development software, more stable system operation and related optimization.

Users who have purchased the Azure-X model can also upgrade to the AOS 2.0 update version on the day the 3G version is released, that is, from December 24, but there are still some applications due to limited network speed. Can only be used when connected to WIFI.

It is worth mentioning that after the 3G version of the product was finalized and put on sale, the engineers of the Côte d'Azur have 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, we started to demonstrate the 4G version of the smartphone project.

The budget given by Luo Sheng for the initial investment was US$500 million, but it was definitely far from enough.

There is no need to borrow from banks now, because the Côte d’Azur has already started to generate income, and the current financial environment cannot borrow a lot of loans, because the continuous outbreak of the subprime mortgage crisis and the expansion of the spread have already affected the real economy.

The most direct manifestation is that the physical manufacturing companies are unable to get loans or it is more difficult to get loans than before. Now the major financial service companies are all saving their lives, how 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, it is no surprise that Luo Sheng knows that around 2009, the International Telecommunication Union will complete the formulation of the 4G standard, and this time, there is no doubt that Hua Guo will participate in the formulation of the standard.

The Côte d'Azur Company and Bluestar Technology Group are now members of 3GPP. The formulation of 4G standards is mainly driven by hundreds of members of 3GPP, including various operators, equipment manufacturers, network service providers and so on.

Cote d'Azur is an equipment manufacturer, while 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.

Whether the proposal can be passed or not depends on the confrontation and mediation between the giant manufacturers. There is no doubt that the formulation of the 4G standard and the voting weight ratio in Luo Sheng's hands are among the top among hundreds of members, which is very important.

Its main influence is not yet Cote d'Azur, its mobile devices are not yet ranked in the market share, and the right to speak is relatively weak. It is mainly Bluestar Technology Group, and its global influence is self-evident.

...

October.

After the short holiday, Luo Sheng came to work at the Cote d'Azur today to deal with some backlogged affairs.

"Come in."

Hearing the knock on the door, Luo Sheng raised his head and glanced. It was Qin Weimu who walked in. He stared at Luo Sheng and said as he walked, "Our funds have left the market completely. All the proceeds from our investments in the Paulson Fund and the Successor Fund were credited to our accounts 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 coming. No one can stay out of it. Naturally, it is necessary to understand a little bit. Qin Weimu has been paying attention and analyzing this aspect.

"In recent August, September, and two months, seedling companies in various countries have been frantically saving the market. Most of the world's stock indexes have fallen across the board. Only technology stocks are still rising against the trend."

Hearing that, Luo Sheng put down his work, leaned back on the chair, sighed, and said, "Technology stocks won't last long, the momentum is unstoppable, let's all explode together."

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 last two months or so."

Luo Sheng took it over and opened the overview.

From July 10, 2007, Standard \u0026 Poor's downgraded the subprime mortgage bond rating that day, and the global financial market immediately fluctuated.

There was an avalanche trend for more than two months in early October, and then the largest French bank announced that it was involved in US subprime bonds, and the prices of metal crude oil futures and spot gold plunged.

In early August, the subprime mortgage crisis in North America spread to the outside world, and European seedlings intervened, and the rescue operation kicked off.

The banks around the world injected more than 326.2 billion US dollars to rescue the market within 4 o'clock, and the Federal Reserve injected 38 billion US dollars into the banks three times a day to stabilize the stock market.

A few days later, dozens of entities including Wal-Mart and Home Depot suffered huge losses due to the subprime mortgage crisis. On the same day, the three largest seedling companies in Europe, America and Japan injected more than US$72 billion to rescue the market.

In mid-August, the subprime mortgage crisis further deteriorated, the Asia-Pacific stock market suffered the worst decline since 9/11, the Federal Reserve lowered the window discount rate to 5.75%, the Japanese bank injected another 1 trillion yen into the bank, and the European side also plans to increase it. rescue efforts.

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

By the end of August, the Federal Reserve injected another 3.75 billion US dollars into the financial system, Europe added 40 billion euros of refinancing operations, Yingyang Bank lent 314 million pounds to commercial banks to deal with the crisis, and the Federal Reserve followed it up in the next four days. Injected US$7 billion, US$9.5 billion, US$5.25 billion and US$10 billion respectively.

By mid-September, the Fed cut the federal funds rate to 4.75%.

And now in October, the Federal Reserve is still trying to save the economy that continues to collapse, and the North American Treasury Secretary has helped major financial institutions set up a $100 billion super fund to buy troubled mortgage securities.

...

At the end, Luo Sheng closed the statistical materials, crossed Erlang's legs involuntarily, turned to look at Qin Weimu and asked, "How much did we earn?"

Qin Weimu: "The current total book capital pool of the offshore fund is 45.818 billion US dollars. The total return on this investment is locked at 639%. The disposable wealth you have now has surpassed that of 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 scolded in a low voice, "Mad, started his business in 2003, and worked hard for three or four years to set a new record. The profit is less than one-tenth of the investment.”

According to Luo Sheng's current stake in Bluestar Technology, excluding the share price premium and only the share of net profit, which is more than three billion US dollars, the income is equivalent to about 8% of his bet on the North American real estate market this time.

Even 8% is an astronomical amount, and 99.99% of all human beings cannot achieve such an achievement.

Obviously, this can also prove from the side how profitable the short selling of the North American real estate market is.

However, this money is still not enough to build a "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.

These more than 40 billion US dollars can be burned for about four or five years, and embark on a road of technological independence on the basis of starting from scratch, and finally catch up and surpass it, which is definitely a hell-level difficulty.

...