When Song Weiyang left the United States, Google had already announced the auction.

That scene and the reaction were like throwing a huge rock into the pit. The old shareholders and underwriters standing next to the pit had their legs splashed so much that they were instantly disgusted by Google from their souls to their bodies.

Song Weiyang is also an old shareholder, but strictly speaking, he is a founding shareholder and is a beneficiary like Larry and Sergei.

Shareholders, including Sequoia Capital, do not want to continue to increase their holdings during the IPO stage because they have no confidence in auctions and listings. The facts are not far apart. Due to the disgrace on Wall Street, Google's issue price was at least $40 lower than expected. And even if it is issued at a low price, it only rose by 18% on the day of opening, which is completely inconsistent with Google's excellent performance.

The situation was too miserable at that time, and no investment institution was willing to participate in the auction. Google had to raise money to cover the money itself, otherwise the new iPo stock would fail, and the company's employees also earned a quarter of them (all early employees who received equity incentives, and they could buy them at a very low price during the auction, with at least 500 shareholders).

Before leaving the United States, Song Weiyang gave Larry and Sergey a reassurance: "If no one responds to Google's IPO auction, then I will pay $50 million to support it myself!"

Larry and Sergey were moved, and both said that Song Weiyang was the most trustworthy friend and partner at least said that.

Departure room.

Song Weiyang crossed his legs and was reading, and suddenly Shen Si whispered: "Boss, Huawei's President Ren is there!"

Song Weiyang looked up and saw two middle-aged men, Ren and two middle-aged men, sitting in the corner without saying a word.

"Mr. Ren, you are here in the United States, too." Song Weiyang walked over with a smile.

"Boss Song?" Mr. Ren seemed a little surprised, stood up and shook hands and said, "Long time no see, please sit down!"

Song Weiyang sat down and said, "Come to the United States for negotiation?"

Mr. Ren nodded and said, "Well, I finally confirmed it, but the negotiations still broke down."

Song Weiyang smiled and said, "It's better if the negotiations break down. Why sell Huawei?"

"Maybe." Mr. Ren smiled bitterly.

Since Song Weiyang invested in becoming a shareholder of Huawei a few years ago, he was sued for the negotiations as early as New Year's Day, which was: Huawei sold it to Motorola in a package for US$7.5 billion.

You heard it right. At the end of 2003, Mr. Ren wanted to sell Huawei.

The negotiations were held for several months, all the intention contracts were signed, and the relevant procedures were completed. In order to celebrate, the negotiation teams of both sides bought flowery clothes together, played on the beach, and played table tennis. As a result, at this time, Motorola's new chairman took office and directly rejected the acquisition case that had signed the contract, and would rather pay a huge liquidated damages than buy Huawei.

As for why Mr. Ren sold Huawei, the reason is very simple, bothering internally and externally!

The root of all is the Internet winter. Not only is the global Internet industry recession, but the telecommunications-related industries are also in a state of grief. In 2002, Huawei's sales showed negative growth for the first time, and Mr. Ren chose to expand against the trend, dialed too much money into R&D, and opened a large number of branches overseas, hoping to seize the market in the cold winter of the Internet.

At a time of severe financial tightness, Huawei could not afford to pay wages at all, and could only continue to fool employees to exchange salary for stocks. This caused a strong rebound among many employees, because the market situation made them panic and they could not see any hope at all. They were even more afraid that the stocks of the past would be wasted, so a large number of employees chose to resign and cash in on their equity.

After resigning, many employees joined the company of the traitor Li Yinan and competed with their old boss Huawei with technology and resources.

It was a rainy night, and Mr. Ren’s old partner Zheng Baoyong was diagnosed with brain cancer at this time. Cisco also jumped out to sue Huawei for infringement. Many European and American customers stopped working with Huawei, and the lawsuit lasted nine months before reaching an out-of-court settlement.

"Huawei really has no money?" Song Weiyang asked.

Mr. Ren said with a leniency: "I have money. Cut off some R&D projects and lay off some overseas institutions. The money saved can be fully supported."

Song Weiyang nodded and said, "It's time for the strategy to shrink. Alibaba was the same two years ago. Now it's not here to be back. By the way, since Huawei is so short of money, why not learn from ZTE to make mobile phones and Xiaolingtong?"

"Of course Huawei also makes mobile phones. After a while, Huawei phones will be launched, just in time, which just happened to catch up with the worst market environment." Mr. Ren said with a wry smile. At the beginning, he didn't want to make mobile phones, and even said that he would fire anyone who made mobile phones, but he still couldn't escape the law of true fragrance.

"You are just starting to make mobile phones now, so you are really unlucky." Song Weiyang couldn't help but tease.

Mr. Ren said: "Who said no? People are unlucky and even drinking water can get stuck between their teeth."

Last year, the prosperity of domestic mobile phones has reached, and now it has begun to decline, with vicious competition reaching an unimaginable level. Take Panda Mobile for example. The sales in the first two quarters of this year were more than 900 million yuan, while the net profit was only a pitiful 1.5 million yuan. After selling nearly 1 billion yuan of mobile phones, they made 1.5 million yuan. Domestic manufacturers have made mobile phones into cabbage!

The reason is that more and more mobile phones are made, and domestic brands can only keep reducing prices and promotions, as long as they don’t lose money, they have to sell even if they lose money, because the rash loss of production will be even greater!

For domestic mobile phone manufacturers, since I have sold the price at a bargain, don’t ask my products to have the quality of black truffles. They cut corners, lowered standards, and even had perfunctory quality inspections, which led to domestic mobile phones becoming more and more garbage, and the market reputation was ruined by these people.

The Shenzhou mobile phones, which have always strictly controlled quality, have been negatively affected by domestic reputation. This often occurs at the sales counter. Several friends come to buy mobile phones together. Some people plan to buy a Shenzhou, and the next one starts to dissuade them: "Don't buy domestic products for mobile phones, it's too trash. There will definitely be problems if you use them for two or three months!"

Compared with the self-deprecation of domestic mobile phones, Motorola and Nokia have been constantly launching new products and developing new functions. Their old models have also been reduced in price, even down to the same level as domestic mobile phones. Consumers naturally choose old foreign mobile phones with good quality and cheap quality.

Judging from the sales in the first quarter of this year, the sales of Shenzhou Mobile Phones are increasing, but the net profit and market share have declined significantly.

Huawei spent more than half a year on research and development in severe financial difficulties, and was about to launch Huawei mobile phones, but it encountered such a nonsense market environment.

Song Weiyang asked: "Huawei is about to launch a 3g mobile phone?"

Mr. Ren hesitated for a moment and nodded, "Well, it's a 3g mobile phone. I originally planned to promote both domestic and foreign markets. Judging from the current situation, Huawei mobile phones can only focus on foreign markets. Is China also developing 3g mobile phone technology?"

"Yes, it has been developing since last year, but I'm afraid it won't be put into commercial use. It's just a kind of technical accumulation." Song Weiyang nodded.

Although domestic mobile phone brands are garbage overall, there are still several companies that are serious about technology, including Shenzhou, ZTE and TCL. The quality of ZTE and TCL mobile phones was not good at the beginning because the OEM factory was doing it. Last year, TCL even built its own mobile phone production line, but unfortunately it encountered changes in the market environment as soon as it was put into production.

As for the research and development of 3g mobile phones, there are probably these companies currently doing: Shenzhou, Huawei, ZTE, Datang, Lenovo, Xia Xin, Hisense and Southern Hi-Tech.

Huawei is the only one who can really invest in commercial use in a short period of time.

Since 2004, Huawei has been selling mobile phones. The reason why it is not well-known is that it mainly sells customized machines. Operators that have launched 3G services around the world are all potential customers of Huawei. Most of the mobile phones directly use the operator's trademarks. You can only see Huawei's logo by disassembling the battery panel.

"Why don't China's 3g mobile phones be put into commercial use?" Mr. Ren asked curiously.

Song Weiyang didn't hide it and said with a smile: "Because I'm not optimistic about the 3g market, I want to jump directly to the 4g era."

Mr. Ren said: "It's a strange idea."

Song Weiyang smiled and said nothing. Although he didn't make mobile phones in his previous life, he knew the market conditions of 3g mobile phones very well. Song Weiyang had a friend who used to act as a 3g mobile phone in Hong Kong City, and he lost a lot of money. When he returned to the mainland to drink, he complained: "I might as well donate the money I lost when selling mobile phones to the casino in Ao Island!"

Well, Song Weiyang's friend was cheated by Huawei at that time.

In order to capture the 3G market in Hong Kong, Huawei not only invested in helping operators build networks, but also gave Hong Kong citizens a large number of mobile phones to try. It is said that it is a trial, but in fact it is to give mobile phones and phone bills, and citizens can make 3G phone calls without paying a penny. This kind of good thing has led to the 3G mobile phone brand represented by Song Weiyang, a friend, that had no sales at all during that period.

However, Huawei's 3g mobile phones still suffer a lot. It should be said that all those who make 3g mobile phones are miserable.

In China, a license is required for mobile phone production, but except for the first batch of mobile phone licenses, the later licenses can be obtained in a curve. The most direct way is to spend money. At that time, many domestic manufacturers thought that 3g had great potential, so they spent huge amounts of money to buy 3g mobile phone licenses, and they all lost their pants.

It was not until Jobs led the smartphone revolution and the model matured that the 3g business became profitable, and 3g mobile phones began to sell well.

During this period, Huawei invested 5 billion yuan in the research and development of 3g technology at most a year, but there was almost no market return.

Song Weiyang suddenly had a whim: "Mr. Ren, how about we merge the chip laboratories of Shenzhou and Huawei to jointly form a chip design company?"

Mr. Ren felt something interesting and asked, "How to do it in detail?"

Song Weiyang said: "The patents obtained by both parties before are owned by each other. If the other party wants to use them, they must pay the patent fee according to the market price. As for the value of the laboratories of both parties, let professionals calculate when merging. Huawei's chip laboratory is definitely more valuable, and Shenzhou Technology can take out more cash. The separated and merged chip companies are in an independent operation state. If continuous investment in R&D is required, Huawei and Shenzhou will continue to inject capital according to the shareholding ratio. In this way, repeated R&D investments can be avoided and technical interoperability can be achieved."

"How to avoid business differences and competition?" Mr. Ren asked.

Song Weiyang smiled and said, "The chip company operates independently, just treat it as a laboratory we jointly invested in, and everything is implemented in accordance with market rules. As for the shares, no one will take advantage of anyone. Moreover, Shenzhou Technology guarantees that it will not make basic telecommunications products, and will only make civilian products in the future."

Mr. Ren was a little embarrassed and said, "I'll go back to have a meeting to discuss it."

Song Weiyang was not in a hurry. Since he only invested money in 3g, he did not earn any income. Huawei wanted to sell HiSilicon many times, or even packaged it for mobile phone business. In the end, it was not because Mr. Ren was far-sighted, but because he could not find a buyer and no one was willing to take over the money-losing product. Huawei could only hold on until the 4g era.
Chapter completed!