In addition to the significant increase in revenue from the above-mentioned products, there is another surprise: Qingtian's profit margin this year is also higher than in previous years.

In addition to the high profits of new products such as DVD players, the most important thing is the Optimus chip.

When it comes to the essence, whether it is a video player, a mobile phone, a repeater, a pager, or even base station products that ordinary consumers have no access to, they are all a type of electronic product.

Since it is an electronic product, it is inseparable from accessories such as chips, memory sticks, storage devices, circuit boards, power supplies, etc.

In the past, most of these things could only be imported, but with the Qingtian chip, everything has become different.

Qingtian can design and produce these things by itself.

All of a sudden, the import cost of Qingtian's various product lines dropped from nearly 4 billion US dollars to 1.1 billion US dollars, a full 70% drop. If the growth rate of Qingtian's various product lines this year is taken into account, conservatively

It is estimated that it will be reduced by at least 80%.

After all, chips are made of sand, and the design and production equipment are just a little more expensive.

However, design and production equipment are fixed expenses, and costs will decrease as the number of products increases and the scale expands.

Furthermore, the reason why Western semiconductor companies can set the prices of these semiconductor products so high is not because their design fees and production equipment are expensive, but more because of the monopoly effect.

Intel's CPU processors cannot be produced by other companies, and the public still needs them very much, so Intel can naturally sell them at a high premium.

This is why, now, Qingtian Chip is still losing money, but each branch has an attitude of supplying Qingtian Chip, and no longer dislikes it as before.

After all, although Qingtian Chip's revenue in this area has not exceeded 10 billion Chinese coins, it has saved other branches at least 30 billion Chinese coins.

The money saved is also money.

From this perspective, Qingtian Chip has begun to make money for Qingtian, which is probably an incredible miracle in the entire semiconductor industry.

Of course, the reason why Qingtian Chip can create such a miracle is mainly because the foundation laid by Qingtian's other branches is really good.

After all, if you want to make money from semiconductor products, you must first increase the quantity.

For any chip, even just some radio frequency chips, the design and tape-out costs are at least 3.5 billion Chinese dollars.

This means that if only 100,000 pieces of this chip are produced, the design and tape-out costs will average three to four thousand yuan per piece.

A mobile phone needs at least seven or eight chips like this. This means that the cost of the chip alone has soared to 20,000 to 30,000 yuan. If other expenses are added, a mobile phone will cost 40,000 to 50,000 yuan.

Only with money can we barely break even.

This is also the reason why mobile phones were so expensive when they were first released, and even things like mobile phones can be sold for easily 20,000 to 30,000 yuan.

But if the production quantity of a chip is expanded to 10 million pieces, the design and tape-out cost of that piece will only be thirty or forty yuan.

Although it is still not cheap, the price of mobile phones produced in this way can fall within the range acceptable to consumers.

Qingtian's various products have now basically reached tens of millions of sales, and many chips are actually common parts of some products at the beginning of their design and can be adapted to many different products.

As a result, the cost reduction of Qingtian's products will be even greater.

After all, if the production quantity of chips can be further increased to hundreds of millions, one chip will only cost a few dollars.

Due to large-scale purchases by the government, enterprises and institutions, and the proliferation of Qingtian Internet cafes, other Internet cafe owners, especially after actual inspections, felt that Qingtian computers were cost-effective and began to purchase Qingtian computers in large quantities.

Of course, there are also some Internet cafe players who, after experiencing Qingtian Computer, spontaneously chose Qingtian Computer when purchasing a computer.

Therefore, beyond everyone's expectations, Qingtian Computer's sales exceeded 800,000 units last year, creating a revenue of 3.5 billion for the company, firmly occupying the top spot in China's computer sales.

Well, that’s right, Qingtian Computer is already the leading domestic computer company in terms of sales volume.

Although this result is a bit cheating, almost all of it comes from centralized procurement. It is not like other computer companies, most of which are contributed by ordinary users, but number one is number one.

And we also need to know that Qingtian Computer has only been sold for half a year.

In addition, Yahoo has also contributed a lot of revenue. Unlike Netscape, which only loses money, Yahoo actually makes money. Yahoo's advertising revenue last year has reached 1.3 billion U.S. dollars, and its stock price is even higher.

It has increased by nearly 60%, reaching a market value of US$50 billion.

The global media are now speculating on which one of Yahoo and Microsoft will be the first company in history to become a company with a market capitalization of US$100 billion.

Before, people almost definitely thought it was Microsoft.

After all, Microsoft's current market value has reached more than 80 billion U.S. dollars. With the current market enthusiasm for Internet and computer companies, it is really not easy for Microsoft to increase its market value by more than 10 billion U.S. dollars in the next two years.

But now looking at Yahoo’s momentum, it’s really hard to say.

The increase in Yahoo's market value has also increased Fang Chen's net worth by US$5 billion.

All these combined are the reason why Qingtian's total profit this year can exceed 130 billion Chinese coins, nearly 17 billion US dollars.

But this is only the harvest of Qingtian's hard work this year, and it does not include Fang Chen's own gains this year.

Because of Yahoo's listing and the sale of 5% of its shares to Bill Gates, Fang Chen has already made a profit of 4.5 billion U.S. dollars. With Soros and his financial attacks on Southeast Asia and South Korea, he has almost earned 13 billion U.S. dollars.

.

The sum of the two amounts to US$17.5 billion is just a little more than Qingtian's net profit this year.

Just this little bit is about to make Duan Yongping angry to death. After all, Qingtian's profits have increased by nearly 70% compared to last year. He should have an unprecedented victory.

But it happened that Fang Chen encountered a financial crisis and made so much money all at once. It was really damning.

Regarding Duan Yongping's little thoughts, Fang Chen completely felt that Duan Yongping was just getting an advantage and acting like a good boy. Not all the money he had earned over the years had been subsidized to Qingtian.

Now that he has the extra 17.5 billion U.S. dollars, Qingtian does not have to worry about future development funds. Otherwise, how could Duan Yongping be willing to directly allocate 2 billion in R&D and transformation expenses to BOE.

To be honest, when he first saw the two billion application report, he had two thoughts. One was that Duan Yongping had money to burn, and the other was that Duan Yongping was using it for personal gain.

If Duan Yongping didn't still have feelings for BOE, would he be so generous?

Qingtian's annual meeting can be regarded as an eye-opener for BOE employees. One or two kilograms of gold medals worth hundreds of thousands are hanging around the neck, and the outstanding employee award worth tens of thousands of yuan is even more so.

Just send it.

As for refrigerators and color TVs costing several thousand yuan, there are countless more.

This gave them the illusion that what they were getting was not a refrigerator and a color TV, but soap and washing powder from a street stall.

And looking at the expressions of the old Qingtian employees, it was obvious that they disdained these color TVs. Some even took the initiative to sell them at a price of about 20% off after they got them.

There is no doubt that many of these things have fallen into the pockets of BOE employees who are now rich.

After all, they have to buy these things if they have money, so they might as well buy them directly from the employees who won the prizes now.

In any case, for these eleven thousand current and retired BOE employees, this year is the most memorable and happiest year in history.

As for Fang Chen, after the annual meeting, he took the Qingtian and took Su Yan back to Qianqian Village.

For the vast majority of Chinese people, no matter whether they have money or not, whether they are far or near, whether they have conditions or not, when the New Year comes, they must go home to celebrate the New Year.

As an engaged daughter-in-law-to-be, Su Yan naturally wanted to return to the village with Fang Chen.

After not seeing each other for half a year, the old man's body was still strong. Fang Chen took a look and realized that his father and second uncle together were probably no match for the old man.

Speaking of the second uncle Fang Aijun, the couple are still in Russia, and according to Berezovsky, they are not idle in Russia either. Not to mention the prosperous small business, they are still doing business.

A boy was born.

He actually called the old man and asked him if he wanted to take the child over and raise him, but the old man was silent for a while and finally refused.

It was Fang Aijun and the others who did something wrong before, and Fang Ai was left in their hands and nothing would get better. Now that Fang Aijun and the others have stabilized their lives, it would be a bit too cruel to take the child over again.

In the final analysis, as a parent, no matter how firm he is, he still cares about the family ties.

As for Fang Ao, he was still laughing and joking happily and didn't miss his parents at all.

After all, with the old man and his mother taking care of him, Fang Zhen was relatively wealthy both materially and emotionally.

Of course, the most important thing is that the old man is shaking things up in the village. No naughty child dares to say anything in front of Fang Zhen. Fang Zhen is a wild child without a father and a mother.

The happy time of the New Year is always happy and short-lived. On the eighth day of the Lunar New Year, Fang Chen has to return to Yanjing and enter the track of his old life.

After all, Fang Ao was a little older, and he no longer grabbed the corners of his clothes as usual, crying and shouting not to let him go.

It's just that this kind and sensible person somehow makes people sad and uncomfortable to watch.

The last time this feeling appeared was a few years ago, when Su Yan became sensible, felt sorry for him, considered him, and was no longer so arrogant.

It was only then that he understood why Feng Zikai was so reluctant to part with his daughter's golden age.

But as he learned more about the world over the years, he realized more that even if he liked Su Yan's arrogance and cuteness as a girl, he should not stop Su Yan from growing up.

Growing up is a compulsory lesson for everyone, just like a cicada turning into a butterfly, this is the sublimation of life!

1998, the Year of the Tiger, a leap month in May.

The year 1998 was naturally unpredictable for the world. Kim Yong-sam of South Korea finally could not bear the outpouring of public opinion and resigned in February.

And China's J-10 has officially entered the stage of history. I don't know how happy Mr. Ba will be when he sees his outstanding junior, and whether he will be able to relieve himself of the heavy burden.

Ba Ye is undoubtedly excellent, but he was born at the wrong time. In the 1980s when fourth-generation aircraft had already appeared in the United States, Ba Ye, who could only be called a second and a half generation, faced the threat of the fourth-generation US aircraft.

It is understandable that he was walking on thin ice with fear and fear.

In April, NATO approved the applications of the Czech Republic, Hungary, and Poland, directly pushing NATO's front to the border of Russia, laying deep hidden dangers for future violent conflicts.

And these obviously have little to do with Fang Chen. His only feeling is that this year's climate seems a bit abnormal.

In February, Soros and other financial giants once again raised their sickles and swung them towards Southeast Asian countries and South Korea.

Obviously, the last round of harvesting has not even lasted a year. The leeks have just sprouted at best. Soros's harvesting situation this time is not very good.
To be continued...