On March 26, Fang Zhuo’s team arrived in New York, USA with Zhang Chaoyang and his assistant who lost, slept, lost, slept, lost.
Zhang Chaoyang was still reluctant to move from a private jet to a Rolls-Royce and wanted to drag Mr. Fang to continue playing cards.
But how can I put it this way, when it comes to playing cards, Fang Zhuo and Zhang Chaoyang are average. The other two Yike executives are very high-level, so how they play cards is very important.
Fang Zhuo realized the problem later in the game and declined Brother Chaoyang's request to lose cards on the grounds of the latest work report.
In the ten hours that the Qingzi was in the air, three more subprime mortgage companies in the United States announced their closure.
They didn't say how long it would be closed.
From the time when HSBC wrote down US$10.8 billion in assets to now, related fields have ceased operations one after another, and nearly 10 institutions have gone bankrupt. Among them, New Century Financial Company is the one with the greatest impact.
Judging from the current situation, the problem is still concentrated in the field of subprime mortgage loans, but there is a tendency to spread to the financial system.
"Oh, the real estate industry in the United States is in big trouble." Zhang Chaoyang, who was standing next to him, saw the report written in Mr. Fang's hand.
"Yes, big trouble." Fang Zhuo considered that the current wave of business closures was like a wave. In addition to making money, it seemed that there were no high-quality assets suitable for Yike and Bingxin, and they still had to wait. "Mr. Zhang, you are here.
Come on, the red wine will be lost. How about holding a high-end wine tasting party with our red wine tomorrow night or the night after?"
Zhang Chaoyang's mood after losing cards suddenly became much calmer: "Okay."
Fang Zhuo nodded slightly, thinking about whom to invite.
Qualcomm will definitely come. We contacted them before flying to the United States and can check the ice core production capacity intention.
I wonder if the new head of Goldman Sachs can come over to connect with me.
Sony's old Jazz Stringer was invited. At Sony's shareholder meeting that just ended, the board of directors led by Stringer was formally formed, with 12 external directors + 3 internal directors. His rights were greatly consolidated.
As a previous outside director, even if he did not attend this time, Fang Zhuo still smoothly and evenly became one of the 12 external directors.
It is worth mentioning that Sony’s mobile phone department has been raised half a level, and the camera department has been taken into account from the structural point of view. This is Stringer’s sincere suggestion from Mr. Fang while cleaning up Sony’s internal electronic product factions.
Fang Zhuo's thoughts turned, and the people who needed to be invited appeared in his mind, Google, New York Stock Exchange, T-Mobile...
"Mr. Fang, I heard that you and Pony are having a serious quarrel. If we have a chance, we can hold a wine tasting party or something in China. We can all sit down together and everything will be over." Zhang Chaoyang suddenly remembered the rumors he had heard.
Fang Zhuo smiled slightly and said nothing.
Zhang Chaoyang continued to advise: "Yes, let go of old grudges by showing off your good looks, forgetting grudges with a smile, and there is no need to ruin the relationship in private when it comes to business competition."
"How can I say it's Brother Chaoyang?" Fang Zhuo said, "This matter has been over for me a long time ago. You should tell Pony this next time you see him."
Zhang Chaoyang felt that all dating sites had been sold, and Sina was still unconvinced and wanted to fight on social media again. Mr. Fang was somewhat dissatisfied with the Penguin Learning Farm game. It would seem that Mr. Fang was very prosperous.
The two chatted for a while, Fang Zhuo answered two phone calls, and the car arrived at the hotel.
At noon, Zhang Chaoyang enthusiastically warmed up a bottle of red wine for the wine tasting party.
Fang Zhuo was not good at red wine, so he sipped the wine while listening to Brother Chaoyang's talk about the quality of the wine.
However, a call from Qimonda President Luo Jianhua interrupted the process.
Since Qimonda became independent from Infineon, Luo Jianhua, the first head of the company, has done a good job, seeking partners around the world, successfully listing Qimonda in New York, and ambitiously expanding production capacity.
However, the phone call he made revealed some concern.
"Mr. Fang, I think the Lin'an factory we cooperate with can increase its production capacity less quickly."
Ice Core Lin'an Factory was born for storage. It accepts Qimonda's 110nm, 90nm, and 80nm DRAM trench technologies to develop and sell niche storage, that is, low-end products.
According to the plan, the Lin'an factory will be able to start OEM work for Qimonda in July this year.
At the same time, the promising process breakthroughs of the Luzhou plant will also boost the prospects of the Lin'an plant in the storage field.
"Mr. Luo, what's changed?" Fang Zhuo asked.
"The price of storage products may have a relatively large downward trend." Luo Jianhua's voice was solemn.
Fang Zhuo's eyes moved slightly, and he asked at the price of his own Yike: "The price of our mobile phone pre-purchased before was almost 12 US dollars per gram. Can we wait a little longer now?"
"It will fall to 10 US dollars in the near future." Luo Jianhua said about the latest price situation, and then said, "It is very likely that it will not be able to stop at 10 US dollars."
From US$12/1g to US$10/1g, storage costs are reduced by 16.6%.
Considering the profit margin left by storage manufacturers, it may not be enough for them to break the bank.
But the price drop is due to the industry's forced expansion of production capacity, its consistent counter-cyclical approach, and the financial crisis in the future...
There is a high probability that storage prices will continue to fall.
Fang Zhuo has been thinking about the cost of Yike mobile phones. Now it seems that storage parts must be invested first.
Yike mobile phone must have at least two versions, 4g and 8g, so the original storage cost is 48 and 96 US dollars.
I am even considering whether to get the 16g version, which is $192.
If the downward trend continues, storage, which accounts for a considerable proportion of the cost, can save a lot of space.
"Our niche storage should not fluctuate much, but Qimonda should pay attention." Fang Zhuo first pointed out one point and then reminded the other party.
Luo Jianhua sighed: "Yeah, it depends on where the bottom of this cycle is. I think 7-8 US dollars is an acceptable position. Mr. Fang, I'll put it bluntly. Considering the risks in the future, Qimonda plans to
We are building a new R&D center and are now considering placing it in mainland China. Where do you think it is suitable?"
Fang Zhuo analyzed the information in these words.
The head of Qimonda has put the storage price at US$7-8.
Then, the future must be worse than he expected!
In this case, if Yike Mobile can negotiate with operators, it will abandon the 4g version and go directly to 8g and 16g. It will be about the same price and enjoy higher quality.
If negotiations fail, the 4g version can also be more competitive in price.
Qimonda's so-called considerations are probably more based on cost, reducing the budget of the R&D center.
Fang Zhuo thought deeply and said: "Choose one of the two, Lin'an or Shencheng."
"I thought you would add Luzhou." Luo Jianhua said unexpectedly.
"From an objective perspective, I can help fight for better policies in both cities." Fang Zhuo provided help to his partners.
Luo Jianhua immediately expressed his gratitude, which was also the main purpose of his phone call.
He talked about the ice core manufacturing process and looked forward to more cooperation prospects with Qimonda.
Fang Zhuo listened to the words of the leader of Qimonda and looked at the future in his heart.
The future is very bad, worse than anyone imagined.
Such a Qimonda.
A slightly fragile larva that is separated from its mother and faces both industry cycles and financial turmoil is likely to be in great danger.
I wonder if it would be inconvenient for Goldman Sachs to short Qimonda at the right time.
Fang Zhuo licked the red wine on his lips, sighed deeply, and echoed the voice on the phone that he couldn't hear clearly because he was distracted: "Indeed, Mr. Luo, this is bad news. Qimonda should pay attention."
Zhang Chaoyang looked at the smile on Mr. Fang's face, held back his surprise, and took another sip of wine.
This red wine is really good.
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