Taking advantage of the opportunity

Author: Unstable Balance

Taking advantage of the opportunity

When Wang Weidong visited the United States again in October, he first went to San Francisco and then rushed to Silicon Valley.

The reason why he went to Silicon Valley was because Taiwan's Holley Optoelectronics had its R&D center located here.

Wang Weidong went with Li Yueshi this time. Fan Wenfu of Holley Optoelectronics was already waiting for him in Silicon Valley.

Taiwanese companies went global much earlier than mainland companies, so Fan Wenfu is also more experienced. This time Xiangyang Electronics wants to build a factory in Utah and Wang Weidong hopes to get Fan Wenfu's help.

Fan Wenfu was very happy to see Wang Weidong's arrival. Although Silicon Valley is currently in a depression, software and Internet companies are mainly bankrupt.

"People have gone crazy in the past few years. Adding some COM to a dog can increase the price dozens of times! After this experience, everyone will be more rational. It is also a good opportunity to set up a R&D center here, and the rent is much cheaper than half a year ago.

." Fan Wenfu said.

He took out a box and handed it to Wang Weidong and said: "This is the gift I prepared for you. This phone should not be sold in China."

Wang Weidong opened the box and found a candy bar phone inside.

"Weidong, there is a camera on this. It is the first mobile phone that can take pictures! The camera has 110,000 pixels and the pictures are very clear!" Fan Wenfu said.

Wang Weidong turned to the back of the phone and found a camera.

This is a small notebook Sharp mobile phone.

"Weidong, this is the future research direction of our Holley Optoelectronics. Maybe every mobile phone will have a camera in the future! By then, our Holley Optoelectronics' prospects are extremely broad!" Fan Wenfu said excitedly.

"Now that the first camera phone has appeared, other mobile phone manufacturers will definitely follow." Wang Weidong said.

"This is not necessarily true. Now all mobile phone manufacturers are focusing on Nokia. If there are any new elements on Nokia mobile phones, everyone will immediately follow them. Sharp mobile phones are not good enough." Fan Wenfu said.

"I am about to build a factory in Utah, and I hope you can give me some advice." Wang Weidong said.

"Nowadays, more and more people from the mainland are studying in the United States and staying in the United States. It is best not to hire them to manage companies, but to find professional managers in the United States." Fan Wenfu said.

"Since the 1950s, people from Taiwan have been allowed to stay in the United States. Now that they have decided to stay in the United States, they will feel uncomfortable working in companies run by Chinese people, and their work performance will not be as good as in American companies."

Fan Wenfu explained.

Wang Weidong nodded.

Some Chinese people work harder in foreign companies and stop dawdling.

Wang Weidong and Li Yueshi rushed to Salt Lake City. Under the introduction of Robert Jr., Wang Weidong signed a contract with a construction contractor, who was responsible for building a factory on ten acres of land.

Wang Weidong feels that if it were in China, such a project would take half the time at most.

On the day the ground was broken, not only Mr. Robert Jr.'s father, Robert Sr., but also the governor of Utah and a large number of politicians rushed to the scene. They all wanted to appear in front of the 10,000 residents of Park City, as if this project could employ 200 workers.

It is their credit that a large factory can be built here.

"Wang, please invite my father over six months later when the equipment is installed and production starts! Thank you so much!" said Robert Jr.

Wang Weidong and Li Yueshi returned to Silicon Valley. Wang Weidong wanted to see how Fan Wenfu recruited personnel and conducted research and development.

During this period, Li Yueshi focused on the rise and fall of the American Dow Jones, especially the Nasdaq.

In half a year, Nasdaq has fallen from 5,000 points to more than 2,000 points and has not yet stabilized. More than 50% of Internet companies have gone bankrupt.

In 2000, however, China's large portals were listed on Nasdaq. Needless to say, the stock prices of these Chinese Internet companies all fell miserably, even falling below one dollar per share.

"Ms. Li, I bought a lot of Nokia shares on the London Stock Market in Hong Kong. You can sell them all for me when you go back and use them all to buy Nasdaq China Network shares!" Wang Weidong said.

"Boss, judging from the current situation, the stock market should still fall." Li Yueshi said.

"No matter what, enter the market at this price!" Wang Weidong said.

The Chinese stock market has very strict restrictions on foreign investment, but it is much easier in places like Hong Kong Island. You can buy stocks in major stock markets in the United States and Europe on Hong Kong Island without having to open an account in the United States or Europe.

Since Wang Weidong sold the fish from the fishing company in Vladivostok to small countries and peninsular countries, three to four hundred thousand US dollars have been remitted to his bank account in Hong Kong every year, and then the money will immediately

Buy Nokia shares on the London Stock Exchange.

The cumulative purchases so far are nearly five million US dollars.

Nokia's stock has been rising over the years, and Nokia mobile phones have emerged as the world's largest mobile phone company.

The stocks bought ten years ago have naturally risen a lot, while the stocks bought in the past two years have naturally risen very little.

After establishing the R&D center, Fan Wenfu hired high-paying people from companies such as DuPont to develop the resin used to produce lenses. He also recruited people from companies such as Texas Instruments to research the optoelectronics part.

Due to the bursting of the dot-com bubble and the poor economic situation in the United States, now is a good time to recruit people.

Wang Weidong flew from San Francisco to Shanghai and then to Beijing.

He was going to the university construction site to see the construction progress, but he didn't expect that Song Yu and Ou Xiaoyang would have to follow him to see it.

Song Yu returned to Beijing after going abroad for a wedding trip for more than a month and stayed here without going there. Now Jingji is feeling restless.

"When we first got married, I forgot to tell you to use a hundred tons of holy water to wash your dirty body that has been dirty for more than ten years! Now how long have you been married and you are tired of it? I really saw you right.

, you are indeed not a good person!" Wang Weidong asked.

Song Yu chuckled and said, "That's what I found out after getting married. Now I have no desire for anything!"

"You can go there, but you have to go and come back the same day!" Wang Weidong said.

The Chinese have been good at doing big projects since Dayu controlled the floods. Ancient books say that Dayu connected the Yellow River and the Changshui River. Later, they had already mastered building the Great Wall to the Grand Canal, as long as they relied on manpower and time.

The project is done quickly.

Wang Weidong, Song Yu, Ou Xiaoyang and others came to the university construction site and saw four huge deep pits. There was only a basement under the main liberal arts teaching building which was not very deep.

"Experts from a large northern country designed a laboratory with three floors underground. I thought a dozen meters deep would be enough, but I didn't expect it to be more than thirty meters deep!" Song Yu said.

"A few months ago I went to Magadan, a small city in the Far East near Kamchatka. The underground defenses of many buildings there were dozens of meters deep! They were afraid that the Americans would attack them, so they were prepared forty years ago!" Wang Weidong said

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Chapter completed!