Duke's wedding was dominated by a tycoon in the Chengdu political circle and ended in an extremely warm atmosphere. The uninvited member of the Standing Committee of the Provincial Party Committee and the Secretary of the Municipal Party Committee, the gift to Duke was a handwritten "Happy Hundred Years" copybook. The copybook is thin and hard, compact in structure, and has a somewhat Willow style.

According to Cai Siqiang's inquiry, this great secretary with a bright political future will never write inscriptions for others. Therefore, it is definitely an anomaly to be able to obtain his calligraphy. From the thoughtful expressions of Secretary Zhao of the High-tech Zone Management Committee and District Mayor Zhang of Dongcheng District, it can be seen that the two people's views on Duke are different.[]

For Cai Siqiang, this is also a big backer who can rely on. I believe that this news will spread throughout the officialdom of Rongcheng City in no time. This inexplicably sudden backer has a deep background and is by no means comparable to District Mayor Zhang and Secretary Zhao. A big man who has great hope of entering the center in the future will obviously have an extraordinary impact on Saal's future development.

However, Duke obviously did not understand this very well. Although he followed Cai Siqiang's instructions and rules to return and thanked this great god, the secretary also gave him face and chatted with Duke for more than ten minutes before seeing him off, he did not reveal the reason why he looked at Duke differently. He only encouraged Duke to return to China after completing his studies and achieve another success for the country.

Fortunately, Duke didn't care much about these things, and he still cared about what he did. If he couldn't figure it out, it didn't seem like a bad thing now. He didn't have much time to come back, and there were still many things that needed to be communicated with Cai Siqiang and the others, so he quickly let go of this matter and came to the sal company to discuss the future development 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 units, while the global mobile phone market shipments reached 1.6 billion units. In 2012, global mobile phone shipments will exceed 1.8 billion units, and by 2014, the global mobile phone market shipments will exceed 2 billion units."

Cai Siqiang pointed to the few numbers on the projection and said with great excitement, "Of course of the 1.6 billion mobile phones sold worldwide in 2012, the number of smartphones exceeded 500 million, and 100 million Apple iPhones sold alone."

This is an amazing number. You should know that Apple iPhone mainstream products are expensive, and the sales revenue of mobile phones alone is tens of billions of dollars. Just thinking about it is enough to make people excited.

This is a vast world where people can roam.

"Originally, relying solely on our intelligent voice recognition control technology, the chances of winning in the mobile phone industry are not too great." After introducing the mobile phone industry, Cai Siqiang turned to introduce his own advantages, "But not long ago, Duke Lab successfully developed a brand new mobile phone operating system. In terms of performance and ease of use of application development, it has surpassed the current mainstream iOS and and

iod.”

Duke has not mentioned the new display and light-sensitive power supply technology with Cai Siqiang, so Cai Siqiang still doesn't know that Duke is now working on both soft and hard, and has made great breakthroughs, although the display raw material manufacturer needs huge investment.

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

"According to our previous experience in navigation devices, 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 are going to discuss today is whether to acquire a mobile phone company, and secondly, if we want to acquire, who will we choose to acquire?"

In the spacious conference room, the main senior executives of Saal were all present, except Cai Siqiang, Duke, Dong Feng and Zhao Jianwu. In addition, there were also venture capital representatives, new director Liu Rucheng, and high-paid overseas mergers and acquisitions director Zhan Shaofeng.

"Mr. Cai, a merger and acquisition company requires a lot of funds. According to the facts stated by Mr. Cai just now, there are only two companies that meet the acquisition conditions in the international market, one is HTC and the other is RIM. Since sales are far inferior to expectations, HTC's market value has fallen below 8 billion US dollars, and RIM has fallen below 6 billion US dollars."

Zhan Shaofeng took the lead in speaking and said that these data that came out immediately showed that this high-paying director was not idle with white-collar workers' wages.

"However, no matter which company it is, it will require a lot of funds if it wants to acquire it. If a comprehensive cash acquisition is implemented, HTC will require at least tens of billions of US dollars, and RIM will also require at least more than US$9 billion. Judging from the current cash flow of SAL, financing acquisition will be very difficult." Zhan Shaofeng's words are the truth.

Even though Sal now holds about US$4 billion in navigation instrument production orders, these orders are not delivered immediately, and even if they are delivered, the remaining net profit is 2 billion. With Sal's other income, it is difficult to collect one-third of the funds for the acquisition of Rim.

Sal just experienced financing, and now launching a second round of financing is not realistic. Therefore, the funding issue is the biggest problem facing Sal.

"We will discuss the funding issue later. Now let's discuss whether to acquire it and who to acquire it?" Cai Siqiang waved his hand and signaled to continue the meeting. Although he was poured cold water by Zhan Shaofeng, Dong Feng and Zhao Jianwu remained enthusiastic and immediately stated that they would acquire one.

However, in terms of acquisition targets, Dong Feng tends to be well-known overseas manufacturers, and in essence he is targeting HTC or RIM. Zhao Jianwu is much more realistic and vigorously recommends the acquisition of domestic manufacturers. Among them, Jindi mobile phones are the first choice. The reason is that the teams of both parties have already worked together and there is no problem in cooperation. On the other hand, Jindi mobile phones are much lower in valuation.

Although Jindi mobile phones have achieved a profit of nearly 10 billion this year, with the expiration of this year's authorization and if there is no technical support for intelligent voice control next year, Jindi will basically return to its original form, which is the era of profits of several hundred million yuan a year and about one billion yuan. According to this calculation, Jindi can be eaten up with more than 10 billion yuan.

If it is exchanged for US dollars, the price is more than 2 billion US dollars or less, it is within the price range that SAL can afford.

Although Jinde is nearly zero in the international market, Zhao Jianwu believes that the domestic market is already large enough. It is not a fantasy to achieve a net profit of 20 billion to 30 billion yuan after first gaining most of the domestic market share. Then, on this basis, it is not a fantasy to enter the international market.

Although the steps are slower, the victory is to make steady progress and the feasibility is very high.
Chapter completed!