The price tag of 4 billion is not cheap at a time when smartphones have just started.
But in the future, it can only be regarded as super cheap, even cabbage price.
The patent price is measured based on the number of smartphones!
These days, smartphones are in their infancy. There are not many smartphones in the world, so communication patents are relatively cheap.
In five years, when the number of smartphones in the world has increased exponentially, the value of these patents will also increase exponentially!
30% of Nokia's patents will not be worth 4 billion yuan, but 4 billion US dollars, or even more!
Originally, Wang Yi wanted to buy more patents, even if he spent another 4 billion, but unfortunately Nokia had too many and would not sell them.
They plan to package and sell the remaining mobile phone patents and mobile phone business to Microsoft.
Even initially, Nokia didn't want to sell these 30% patents.
Later, some directors wanted to cash out some of the shares first, so they agreed to sell 30% first.
With this money, Nokia shareholders are no longer anxious about a full sale.
In this way, you can slowly negotiate with Microsoft and negotiate a higher price!
It is conceivable that if Microsoft wants to acquire Nokia this time, it may have to spend more money.
However, this has nothing to do with Wang Yi.
Wang Yi said: "With these patents, Xingyi Technology's patent moat has been further improved. Although it is still difficult to launch full sales, it is still no problem to launch partial sales."
Zhu Changlin nodded: "Yes, our international layout can begin. Once we win some patents from other giants, we will be almost there."
"Yes, Xingyi mobile phones can be launched in Xingyi flagship stores and specialty stores in some countries and regions."
Wang Yi explained: "For example, in the Middle East, all Xingyi mobile phones are online and sold to the rich in the Middle East."
This place is special after all, and few brands have yet to initiate patent litigation in the Middle East.
When Apple, Samsung, and Nokia initiate patent litigation, they usually target mature markets such as Europe, the United States, Japan, and South Korea.
There are much less in other areas.
Now that Xingyi mobile phones are on sale in Europe, the United States, Japan and South Korea, it is still a bit dangerous, and there is a high probability of losing the patent war.
Firstly, the number of patents is insufficient, and secondly, they are fighting locally and have local buffs to support them!
Therefore, although many Xingyi flagship stores and specialty stores in Europe, America, Japan and South Korea have opened, they can only continue to sell Xingyi tablets, Xingyi TVs, Xingyi headphones, accessories, Xingyi air conditioners and other smart home products.
Other regions and countries such as the Middle East, where patents are not as mature, are the first targets for the internationalization of Xingyi Mobile.
Even if a patent war is launched, the patents in hand are enough to cope with it.
Zhu Changlin nodded: "These areas are fine. Our Xingyi TV's Polish factory previously covered the Middle East and opened ten flagship stores. Now it is just in time to distribute products."
"Yes, in addition, we can also open up exclusive stores, authorized stores and channels to join these areas. As long as the other party pays in full and delivers the goods in full, we have no risk."
For foreign markets, especially in special areas, Wang Yi does not want to open a large number of directly-operated stores. On the contrary, franchise stores are better.
Even if there is a problem, it is a specialty store, and the authorized store is responsible for its own profits and losses, and does not delay Xingyi Technology's making money.
The purpose of opening a flagship store is mainly for brand promotion and after-sales layout.
Zhu Changlin agreed and continued: "Chairman, unbounded mobile phones in these areas should also go on sale at the same time!"
Wang Yi nodded: "They all go on sale at the same time. The domestic market will definitely lose volume this month, and we can only rely on overseas markets to make up for it. There are also Asan, Asia, Africa and Latin America, which can sell Unbounded mobile phones, as well as the old Xingyi smartphones.
in stock."
These countries and regions are economically poor and have limited spending power.
The new flagship of Xingyi, which costs more than 5,000 yuan, has some difficulties and has few sales.
But the 999 Unlimited mobile phone is still selling well in those places even if it sells for 1199.
There are also old models such as xphone 1pro and xphone 2. After xphone 3 is released, xphone 1pro and xphone 2 will be unsaleable and will not sell well even if the price is reduced. They can be thrown into Asia, Africa and Latin America and sold.
It can be regarded as an additional output channel for old models.
"Okay, Chairman, I will make arrangements right away!" Zhu Changlin responded, this is considered channel expansion.
Once we win some patents from other giants and the patent moat is solidified, we can go on the market in Europe, America, Japan and South Korea, and then we will be fully internationalized!
After Zhu Changlin left, Wang Yi was preparing to play a game when Mihayou and Mr. Cai suddenly came.
Wang Yi was a little surprised by this.
Wang Yi holds 45% of the shares of MiHoYo and is the largest shareholder. However, MiHoYo is still not a subsidiary of Xingyi Technology, but operates independently.
When it was first acquired, Wang Yi was quite interested in miHoYo and would often go over to give him some advice.
Later, there were more business departments and the business was so busy that Wang Yi had no time to pay attention to it.
Now that Mr. Cai has not come to visit, Wang Yi almost forgot about MiHoYo.
Wang Yixiao said: "Mr. Cai, have a cup of tea, "Henghuai Academy" is a success, congratulations!"
"Thank you, Director Wang. MiHoYo is still a seedling, and it is still far behind Xingyi Games."
Mr. Cai looked complicated.
Last year, miHoYo launched "Honkai Academy", which incorporated Wang Yi's suggestions. It was equivalent to the previous "Honkai Academy" and was quite successful.
In the previous life, after Beng Er was launched, it made nearly 100 million in 2014, more than 100 million in 2015, and more than 200 million in 2016.
Now, with the support and promotion of Wang Yi, "Honkai Academy" was launched last year, and its annual revenue exceeded 700 million!
Directly surpassing the total income of many years in the previous life.
But that's all. Compared with Xingyi Technology's "Happy Fun", "Defend Yuzu", "Subway Parkour", "Star Hunter" and "Unbounded Cool Run", it is incomparable.
The annual revenue of "Honkai Impact" is not even as high as the monthly revenue of these games.
There is no way, the money-attracting ability of "Honkai Academy" is not on the same level as "Defend Yuzu", let alone "Happy Match".
MiHoYo is still growing these days and can’t yet make a horror masterpiece like Genshin Impact!
Wang Yi smiled and comforted: "For a new team, the first game can achieve an annual revenue of 700 million, which is already very successful. The future will be even better."
"Will it be better?" Mr. Cai was a little unconfident: "Frankly speaking, we are making a new Honkai Impact 2, but I feel that the improvement is limited, and it may not even be able to surpass Honkai Impact."
Wang Yi understood that the new Honkai was the Honkai San of the previous life. There was progress, but not much.
MiHoYo only became a god after the original god appeared.
Without Genshin Impact, MiHoYo would be just a small game company with some achievements, nothing more.
Maybe it will collapse soon like other similar companies.
That's how MiHoYo is right now, it's just making some money.
Looking at Xingyi Technology, any game it releases will be a hit.
There are many games released every year, and all of them are hits.
The monthly income of any model is higher than the annual income of Mihayou!
This made Mr. Cai no longer confident, and similarly, the other three members were no longer confident either.
"A new game, that's good. If you need anything, just ask, I fully support it."
Wang Yi is still very optimistic about MiHoYo and hopes that MiHoYo can make Genshin Impact in the future and make a lot of money for him.
Mr. Cai was a little embarrassed: "The support given by Director Wang is enough. We need traffic for traffic and resources for resources. We don't even think we are worthy of so many resources."
"Don't say that. You have to trust my vision and I won't see the wrong person! You can do it." Wang Yi encouraged.
Well, first make this bowl of chicken soup, and then work hard to make Genshin Impact and help me earn tens of billions!
Not to mention anything else, tens of billions have been invested in the research and development of lithography machines. Coupled with the country's layout and the efforts of major professional institutions, it is estimated that DUV lithography machines will be made around 2019!
EUV lithography machines will be difficult to develop within ten years, but there is hope for DUV lithography machines within six or seven years.
It will be enough to mass-produce 7nm chips by then.
The previous 7-nanometer mobile phone chip also appeared around 19 years ago.
Wang Yi has made up his mind to actively cooperate and increase investment in the research and development of photolithography machines.
Mr. Cai was in awe. This feeling of being recognized was so great!
Or it was personally recognized by the chairman of Xingyi Technology, a business legend, and a technology giant!
It felt really good.
But then he sighed: "Director Wang, thank you for your encouragement. We will not let you down, but we have some internal problems."
"Oh? What's wrong?" Wang Yi was a little surprised.
Honkai's annual turnover is 700 million, which is considered a profit, so how can something go wrong?
Is it possible that after making money, the family will be separated?
This is very common in entrepreneurial teams!
"It's like this. One of our co-founders, Jincheng... is a little less confident in new games, and even a little less confident in developing games."
Mr. Cai said eloquently: "Now MiHoYo has made money, with 700 million in revenue. According to the agreement and distribution, after the platform divides the revenue, we will get 800 million!"
MiHoYo mainly launches Xingyi games on the Android platform, following the ratio of R&D:Publication:Platform=4:3:3, and does not launch other Android platforms.
Without him, other Android game platforms are 2:3:5. The platform directly takes away 50% of the revenue, leaving only 20% for R&D. It is really a trap.
The Xingyi gaming platform only costs 30% on both Android and XOS systems, which is undoubtedly more conscientious.
In addition, Xuanfa and the platform are both Xingyi Technology, so Xingyi Technology directly took 60%.
As for the IOS platform, it is also 4:3:3, but Xingyi Technology only takes 30% for promotion, and the IOS platform takes 30%.
Calculated in this way, Xingyi Technology took almost 50% of the 700 million revenue, 500 million. IOS took 10%, 70 million, and in the end the R&D team was left with only 40%, 800 million.
This is considered too high.
Of course, as the major shareholder of MiHoYo, Wang Yi still owns 45% of the 800 million!
Mr. Cai continued: "According to the idea of ​​the three of us, the money will not be divided. All the money will be invested in the development of new games, making "Honkai Impact 2". But Jincheng is not optimistic about "Honkai Impact 2", nor is he optimistic about the game industry.
In the future, I just want to divide the money."
Wang Yi understood that once the money is divided, the research and development funds for "Honkai Impact 2" will be greatly reduced, and the quality will also be greatly reduced.
"Do you want to ask for my opinion? Hold a vote?" Wang Yi asked.
Once Wang Yi supports not paying dividends and investing all in research and development, Mr. Cai and the other two support it. Jincheng only has 10% of the shares and cannot afford to make trouble.
Mr. Cai sighed: "That's not all. They are all founders. They are all brothers who worked together. I don't want to get into trouble like this. So I thought we could get together and part ways..."
Wang Yi was dumbfounded, are you planning to kick Jincheng out?
Or are there other reasons?
However, looking at the current situation, it is indeed inappropriate to keep Jincheng.
The basic ideas are no longer consistent, and if we continue, there will be no good results.
Mr. Cai continued: "And Jincheng also has this idea. He also knows that we don't agree with the dividends and can't divide it at all. But he also wants to get the money and make it safe. So the three of us thought, Director Wang, Jincheng's
Can you buy the shares? At the same time, agree not to pay dividends and invest all in the research and development of new games!"
Wang Yi understood what Mr. Cai meant.
Of the 800 million, Wang Yi’s 45% stake accounts for the majority, with 2.6 billion.
The three of Mr. Cai together account for 45% of the shares, which is 2.6 billion.
Jincheng accounts for 10%, 28 million!
If Wang Yi also asks for dividends, even if the three of them want to invest all in research and development, they will only have 2.6 billion, which is a bit insufficient.
So Mr. Cai and the others decided to directly ask Wang Yi to buy out Jincheng's shares, and Jincheng would use the money to start a business.
At the same time, Wang Yi promised not to pay dividends and invest all 800 million in the research and development of new games.
Wang Yi has no opinion on this:
"This matter can be considered, that is, it is a matter of spending more money. As for the 800 million without dividends, all invested in research and development, there is no problem. Even if there is no dividend this year and next year, all will be given to you for research and development, it will be successful. But I have 10 more
% of the shares, accounting for 55% of the shares, we completely control MiHoYo!"
"It's okay, we believe in your character!" Mr. Cai said decisively.
If it were anyone else, they wouldn't believe it, but Wang Yi, they would.
They felt that the Wang Dong family had a great business and looked down upon Mihayou's three-quarters of an acre of land.
And hold on to Wang Yi's lap, with Wang Yi's support, Xingyi game platform, XOS system, and Xingyi mobile phone support, MiHoYo can also make more money.
Just like "Honkai Impact", the revenue in the previous life was less than 100 million, but with Wang Yi's support, it directly made 700 million!
It’s doubled nearly ten times!
Mr. Cai didn't know about this, but they could see clearly.
There are games of the same level, with annual revenue of tens of millions, but "Honkai Impact" can earn 700 million!
It’s all the result of Mr. Wang!
It doesn't matter if Mr. Wang controls MiHoYo, it will only make the cake bigger and make more money.
There is no way, Mr. Cai never imagined that MiHoYo, a small company now, can make Genshin Impact and become a giant in the future!
On the contrary, they are worried that if Wang Yi is not allowed to control Xingyi Games, which has so many hits, they will look down on MiHoYo, and they will receive less follow-up support...
It's better to surrender and let Wang Yi take control, so today's doorstep came to be.
"Do you all agree?"
"agree!"
"Okay, just call them all over, and that's it. As for Jincheng's shares, I'll buy them at a premium, and I won't treat him badly!"
"Thank you, Director Wang!" Mr. Cai was overjoyed and quickly shook his head.
Soon, all three people came to the chairman's office.
"Director Wang, I..." Jincheng was speechless for a moment and felt a little embarrassed.
Wang Yi waved his hand: "Everyone has his own ambitions, and I respect and support your choice. If you hold 10% of the shares, you can only get 28 million in dividends. In this case, I will give you 200 million and directly buy 10% of your shares.
Do you think it’s good?”
"200 million!" Jincheng was shocked!
Others were also shocked.
10% of the shares are worth 200 million. Doesn’t that mean that MiHoYo is currently valued at 2 billion?
But everyone knows that this is a bit high for MiHoYo, which only makes one high-quality game.
MiHoYo has an annual revenue of 700 million and a profit of 800 million. Based on a valuation of 5 times, it would be a valuation of 1.4 billion.
This is a normal valuation.
Giving 400 million for 10% of the shares is reasonable, but giving 200 million is a 43% premium!
It's quite impressive.
Jincheng was a little excited and thought carefully in his heart:
'Originally I only planned to sell 5% of the shares, but Director Wang gave me too much!'
'More importantly, all 800 million will be used for research and development, and no dividends will be paid at all. It's okay if "Honkai Impact 2" makes money. If it loses money, or doesn't make much money, it will be even worse, and the valuation will be gone by then.
'
‘Now the premium is more than 40%, which is totally okay!’
'We are also billionaires, hahaha!'
"Thank you, Director Wang, I completely agree." Jincheng responded decisively.
"We don't have any objections either." Mr. Cai and others spoke one after another.
After the two parties signed a contract, Wang Yi asked someone to write a check of 200 million to Jincheng, officially taking 10% of the shares, totaling 55% of the shares, and completely controlling MiHoYo.
Several parties are very satisfied with this.
Jincheng felt that he had retreated bravely and was safe with 200 million in capital. Even if Beng Er failed and MiHoYo went bankrupt, he would not lose anything.
In the future, I will spend 50 million to start a business, and the remaining 500 million will be deposited in the bank to earn interest, which will be very satisfying.
Frankly speaking, his personality is not very fond of entrepreneurship and prefers to be safe.
In his previous life, he sold his shares and quit MiHoYo just for Cisco's offer.
This time, it's the same.
The difference is that in my previous life, I didn't sell it at a high price, so my intestines turned green due to the loss.
But this time, I took away 200 million and made a lot of money.
But what they don’t know is that Wang Yi will earn even more in the future!
Once "Genshin Impact" is produced, the valuation of 10% of MiHoYo's shares will not be 200 million, but 20 billion or even 30 billion!
More importantly, after this transaction, Wang Yi completely controls MiHoYo, and MiHoYo is completely tied to XingYi Technology.
Moreover, it was Mr. Cai and the others who took the initiative and willingly asked Wang Yi to take control, not Wang Yi who forced them.
This is completely different.
"Don't worry, it's okay if we don't pay any dividends in the next three years, we can invest everything in research and development." Wang Yi assured.
Mr. Cai and the others were overjoyed and breathed a sigh of relief.
The three of them have great ambitions. They would rather not pay dividends now than work hard to develop a hit product.
Wang Yi supports this.
Wang Yi looked at Jincheng: "Although Jincheng has left MiHoYo, we are still brothers. From now on, whether you start a business or enjoy life, I will support you. If you start a business and need it, just ask and I can help.
Just help.”
Taking advantage of tens of billions of dollars and being able to help one or two, Wang Yi will naturally not be vague.
"Thank you, Mr. Wang. I will not be polite when the time comes." Jincheng felt a little moved.
He thought that after leaving MiHoYo, Wang Yi would ignore him, but he didn't expect that he would still help him.
"That's right, let's go, I will be the host tonight and practice it for Brother Jincheng!"
Wang Yi greeted a few people and went straight to the five-star hotel.
Mr. Cai and others are also in a good mood. It is lucky to meet such a boss who attaches great importance to love and justice.
Unlike other capitalists who only want to squeeze them.
And Wang Yi will make the cake bigger and let everyone make money together.
The original annual revenue of 70 million will be increased to 700 million. In this way, everyone will have no objection to taking the lion's share, and everyone can earn more.
The meal was very enjoyable and everyone talked a lot.
Wang Yi acquired Jincheng's shares and fully invested in the research and development of "Honkai Impact 2" without any dividends, which can be regarded as a successful solution to MiHoYo's internal crisis.
The original rift in the four-person team disappeared because of this.
Several people spoke freely and chatted about everything.
Jincheng, who was a little drunk, began to express his feelings:
"Maybe you think I'm a coward, but the education I received since childhood is to be steady. I finally made more than 200 million, and you think of investing it all, but I really don't dare to take risks! If we lose, we will go bankrupt.
!I think people should be satisfied and prepare for backup, even if they invest half of it!"
Mr. Cai frowned: "Jin Zi, we want to make a 3D version of "Honkai Impact 2". 3D is very expensive. 100 million is not enough at all, at least more than 200 million, or even 300 million!"
"Oh, there is no point in talking about this. Fortunately, Director Wang took action and everyone is happy." Another founder smoothed things over.
Wang Yi burst out laughing. It was obvious that Jincheng was not the kind of entrepreneur who puts all his money into work.
They lack the courage of Mr. Cai and the others to invest hundreds of millions of dollars in the research and development of new games.
He is afraid of failure and losing everything!
Therefore, it is inevitable for him to cash out and leave miHoYo.
Wang Yi will not judge this.
This kind of character is destined to be difficult to achieve great success, but it is very stable.
Moreover, it is actually enough to cash out 200 million and spend the rest of my life peacefully.
It is human nature not to want to continue starting a business with risks.
Of course, under the glorious light of MiHoYo in the future, his shadow will disappear.
"By the way, Jin Zi, what are your plans next?" Mr. Cai asked.
Jincheng thought for a while: "I will start a business, but the budget will not be too high. Of the 200 million, 100 million will be deposited in the bank, 50 million will be purchased for real estate, and the remaining 50 million will be used to start a business."
"This rhythm is good." Everyone nodded.
Jincheng looked at Wang Yi: "Dr. Wang, what suggestions do you have?"
Wang Yi thought for a while: "I suggest you don't save money in the bank, and just buy all 500 million into real estate in first- and second-tier core locations. The remaining 50 million can be used to start some business or investment that will make a steady profit without losing money. Don't ask for more profit, just get the profit.
Just be stable.”
"Yes, yes, this is completely in line with my outlook on life." Jincheng was excited:
"House prices have risen rapidly in the past few years, and the return on investing in real estate is indeed higher than depositing in a bank. But will it continue to rise in the future?"
Wang Yi did not hide it from others: "Our country's urbanization rate is only about 50% now, which is not too high. In the next few years, a large number of people will move from rural areas to cities. Therefore, housing prices can still rise for a few more years.
, but it will not keep rising. Especially when the urbanization rate exceeds 60%, it will gradually become saturated and housing prices will begin to fall."
"That's it!" Mr. Cai suddenly said, "Then I have to buy a house as soon as possible!"
"Buy, buy as soon as possible! Xingyi Smart Home has cooperated with major developers such as Longfor, Yanlord, and Vanke. If you buy a house, we will arrange a group purchase discount for you. When the time comes, I will say hello and give you a chop!
"Wang Yi said cheerfully.
When the core executives of Xingyi Technology want to buy a house, Wang Yi will arrange for someone to say hello and give them a more favorable price.
They are all brothers who follow him and help him make money. If you can, please help.
Chapter completed!