Reborn Entrepreneurial Giant

A few days after the Glory shareholder meeting ended, Lei Jun flew to Seoul, the kimchi country. Although I don’t know who it is, there must be some forces behind the push to push Apple to sue Glory’s patent lawsuit. This can be seen from the recent feedback from SK Telecom. two.

Qu Li contacted the Ministry of Commerce, Lei Jun contacted Apple, and then flew to Bangzi Country.

It's fine if they don't find out. If they find out in advance, it would be embarrassing if they want to do it again. Not to mention the use of resources, it may also harm the interests of the collective.

The relationship between China and South Korea is very good now, it is really very good, including Dongying, the three countries even wanted to establish a China-Japan-Korea free trade zone at one time, and anyone with a little common sense knows that once this free trade zone is established, it will have a huge impact on the regional economy. The role of promotion, and many accidents occurred later, resulting in this idea never becoming a reality.

In recent years, the leaders of South Korea and Japan have not turned to the United States. Honor initially focused on these two countries for market development, and it was not just a talk to lure Apple. Reality and reality can be interchanged. If Glory really wants to stand firm, the markets of these two countries may be his basic market. Except for Qu Li, who knows about this kind of national affairs?

For Honor to go public, communication with relevant departments is indispensable. At this time, there are not many conflicts. On the surface, it can even be said to be a honeymoon period. Qu Li contacted the Ministry of Commerce, ostensibly to ask them to give the green light for the company to go public. Before the listing, Didi had never heard of any domestic Internet technology company.

Although he didn't plan to hold on to Glory, the two sessions were about to be held, and the various departments were too busy, so Qu Li had no choice but to say that Glory was almost raped in Bangzi Country, and he needed the support of the state.

"Is there such a thing?"

"Although there is no definite evidence, since there is an abnormality, we must pay attention to it. If the problem breaks out, even if the country will come forward, it will not help the matter." Qu Li

"Why are you so anxious to go public, are you short of money?"

"The listing is due to the company's overall strategic considerations. We want to improve the retail system globally." Qu Li said the words of Honor's financing. The existing channels have reached their limit. To increase sales, channels must be expanded. Build at least 100 self-operated stores in China and other regions.

"Is it necessary to build such a good store?" The leader wondered. The decoration level of Honor's store in Beijin is almost unmatched in the domestic consumer electronics industry. consumer?

"LV, Hermès and other European luxury goods can be sold so expensive at roadside stalls? We are driven by the market to run ahead. I want to make do with it, but our target audience and consumer groups disagree."

Qu Li's words did not satisfy the leader, and a few days later, a big leader of the State Museum of Art invited him to meet. The Glory company has given Qu Li too much "honor", and the leaders of Zhongyang can often see it. This kind of treatment should be considered very rare in China.

"Why is Honor so anxious to go public?" Qu Li didn't dare to use the same words for the same question, so he could only answer honestly.

"This is based on our strategic judgment. Honor's product strength has lagged behind Apple's iPhone. Although the market is still growing, competition is intensifying. Samsung, HTC, and even domestic mobile phone brands may launch competitive products. Honor will It is no longer special, and according to preliminary estimates, it may take us about five years to overtake the iPhone..."

"Secondly, Google will tighten the control over Android. It is almost impossible for us to win the game with Google. Although there are other options such as Microsoft, no matter who wins the final victory, mobile phone manufacturers can only passively accept it. , may repeat the pattern of the PC market."

"Third, we need not only money, but also more high-end talents to develop chips, operating systems, and pure electric vehicles. After the company goes public, it can establish greater credibility and give supply chain companies more confidence. Last year, Forbes gave Glory's valuation..."

Glory's financing this time, with a valuation of more than US$500, has caught the attention of many people. Considering that many years later, the highest market value of coarse-grain mobile phones is only 900 billion Hong Kong dollars, and Honor’s IPO now has a market value of 100 billion U.S. dollars. The market is so enthusiastic, Qu Li has no reason to refuse.

"Why do you say that Apple has surpassed Honor? Aren't you the world's largest smartphone company?" asked the leader

"Apple's iPad has more sales and consumer praise than Honor's Gpad, and their flagship IPhone 4 has also surpassed Honor's flagship, and assuming that the life cycle of an IPhone is three years, the life cycle of Honor may only be two years..." Qu Li said in frustration

"This gap is a bit big. Honor can develop chips now. Can Zhang Yaqin develop the operating system?" The leader asked, he is familiar with Zhang Yaqin

"Yes, but now there are more than 100 million Android users, and the advantages of iOS user experience are very obvious. We need to continue to invest more money and time than Google and Apple to catch up. The key is the lack of talents in this area in China... ..." Qu Li meant that it was basically useless. Maybe more than ten years later, IOS and Android would become more and more bloated. At that time, if we did subtraction, we might be able to occupy a certain market segment.

"Since Glory has strength, it can start cultivating talents from now on."

"We are developing a car-machine system!"

"The car-machine system?"

"Our goal is to develop autonomous vehicles based on pure electric vehicles."

"..."

Thinking about how many people heard of the term self-driving cars in 2011, and the older generation is definitely not as accepting of new things as young people, Qu Li's words are either shocking or unreliable.

Fortunately, Qu Li is Time Magazine's Person of the Year, and was crowned by Wai Nuo Ren. The achievements of Glory and Jumei cannot be faked, and the leaders of the National Institute of Cultural Affairs have given him more trust. Qu Li took the opportunity to talk about his confusion, whether to make pure electric vehicles by himself, or to use his own technical advantages to provide solutions for other auto companies.

"Glory itself is a brand, why would you think..."

"..." Can Qu Li say that he got the inspiration from the chrysanthemum factory? Isn't it a good thing to be the next Bosch with an annual revenue of 87.9 billion US dollars (2018)? There may be only two or three auto companies that surpass Bosch in the country.

He couldn't get an answer from the leader, and he had to find a solution for many things by himself, but his problem was solved, and Lei Jun went much smoother in the kimchi country.

Apple finally agreed, and soon announced the withdrawal of patent lawsuits against Honor worldwide. Lei Jun announced the withdrawal of various patent infringement lawsuits against Apple when he was interviewed by the media in Kimchi Country.

Although the reconciliation of the two companies has not been officially announced to the public, the meaning is already very clear. A large number of Wall Street media have begun to discuss: the reconciliation of the two largest smartphone companies in the world, what does this mean: the listing of Honor? Indirect suppression of Samsung, Nokia? Or is it to concentrate on bidding for the patents of Nortel Networks?