"Directly take over the BYD TV factory?" Song Sining was stunned and said with a smile: "Isn't this a bit rude?"
"Isn't polite?" Wang Yi smiled lightly:
"Being impolite is the greatest courtesy to BYD. I am saving them. The more diversified BYD develops, the more it will be ruined. New energy vehicles are BYD's core industry. As for BYD electronics OEM? How much money can you make?
"
BYD Electronics is just a subsidiary of BYD. Even though its fixed assets such as factories are worth several billion, its current market value is only over five billion.
To put it bluntly, the foundry industry is not very profitable and capital is not optimistic about it.
Unless it reaches Foxconn's level, it's not worth mentioning.
But it is obvious that the current BYD Electronics is far behind Foxconn. Even ten years later, BYD Electronics' market value will only be more than 60 billion.
BYD's terrifying market value in the previous life was not due to BYD Electronics, but to its core businesses such as BYD cars and BYD batteries.
Wang Yi discovered a very serious problem and handed over Xingyi mobile phones and Xingyi tablets to BYD Electronics for OEM. He wanted to pull BYD out of the way so that BYD could make some money and make cars better.
As a result, BYD expanded and finally made some money. Instead of engaging in its main business of automobiles, it continued to invest in BYD electronics. It even wanted to make BYD mobile phones and BYD TVs!
Isn’t this a matter of discarding the basics and chasing the last?
The result is also obvious. BYD's mid-year financial report was very unsatisfactory when it came out.
Coupled with the government's reduction of new energy subsidies, BYD Auto's sales and profits continued to decline, resulting in serious losses and the share price of BYD shares collapsed.
Wang Yi's previous investment, multiple large OEM orders, the sales of anti-freeze batteries, and a series of benefits such as entering the fruit chain, finally made BYD's stock price rise to HK$70.
As a result, the automobile business suffered a serious decline and suffered serious losses. BYD's share price fell to HK$45 again.
But even so, shopkeeper Wang not only did not calm down to develop new energy, but also wanted to make BYD mobile phones, BYD TVs, and even BYD computers and BYD tablets!
Really seeking death!
Wang Yi didn't even know what to say.
Xingyi Technology is able to make mobile phones, tablets, and TVs because Wang Yi is a reborn person who understands the market and the market conditions.
BYD has nothing, even if it follows Xingyi Technology as a copycat, it is meaningless.
Electronic products are updated so quickly that by the time BYD releases the first-generation copycat model half a year later, it will already be outdated.
Xingyi Technology has launched the second generation, and the only way to wait for BYD Electronics is to die!
But shopkeeper Wang didn't understand this truth, and still wanted to develop diversified businesses at the expense of the weak.
It seems that the black swan event from the previous life is happening again.
In the previous life, BYD encountered a black swan in 2012 because of its diversified development, and its stock price fell to the bottom.
If Wang Yiruo takes over BYD's TV factory and lets BYD get some blood back and have the money to focus on building cars, it can be regarded as saving BYD.
But Song Sining doesn't understand this good intention, Shopkeeper Wang doesn't understand, and neither does the outside world.
He even thinks that Wang Yi is selfish and is worried that BYD will become a rival of Xingyi Technology by making mobile phones and TVs.
But the problem is, Wang Yi is not afraid of established giants like Apple, Samsung, and Sony. Why does Wang Yi care about a newborn BYD Electronics?
joke.
BYD headquarters.
Xingyi Technology's press conference has ended for more than half an hour. Shopkeeper Wang and a room of senior executives are still sitting in the conference room, watching the darkened live broadcast room, silent.
It wasn't until a long time that Shopkeeper Wang sighed and broke the silence:
"Forget it, BYD gave up the TV business, and BYD TV factory changed to...TV OEM!"
Hearing this, the subordinates were shocked, especially Du Qingping, the head of the TV business department, who was even more angry!
Du Qingping originally worked as a TV R&D manager in Changhong. Half a year ago, BYD wanted to build TVs and poached him.
Okay now, my people are here, you are saying you don’t want to do TV anymore!
So what should I do?
Isn't this playing on me?
Du Qingping was furious and slammed the table:
"Chairman, if BYD gives up the TV business, what will happen to our TV R&D department? Disband it all? What will happen to me and my brothers?"
"I..." Shopkeeper Wang was at a loss for words and didn't know how to answer.
This was indeed the wrong thing to do.
But there is no way, look at the BYD TV they designed:
Take a look at Xingyi Smart TV again:
From the outside, it doesn’t appear to be a product of the same era.
As for the configuration, it is even more different from two eras!
It can be said that it would be better if BYD TV was not launched and the loss would be stopped in time.
If it is launched, it will all be industrial waste!
Shopkeeper Wang sighed: "Mr. Du, you have seen the Xingyi Smart TV. This is a real smart TV. It is not an exaggeration to say that the thing you developed is industrial waste. Even if it is mass-produced, let alone sell 3,000
, no one wants even 2,000.”
Du Qingping was silent: "..."
But I feel frustrated.
Before the emergence of Xingyi TV, everyone had designs like this, which were all at the level of industrial waste.
Everyone sucks, no one dislikes anyone.
As a result, as soon as the Xingyi Smart TV came out, it immediately became popular, confusing Du Qingping and BYD.
Also confused are Hisense, Skyworth, and TCL!
Even Sony, Samsung, LG, and Sharp are in trouble.
The processor and configuration of a TV are better than most mobile phones.
Isn't this a joke?
But the problem is, Xingyi Smart TV is just that powerful.
From hardware to system to intelligence, it is two generations ahead of its peers!
Make sure it doesn't get stuck after six years, and there will be no way to deal with it.
But considering the future, Du Qingping still said harshly:
"I admit that our BYD TVs are far behind Xingyi smart TVs, but they are still marketable. For example, if we bring home appliances to the countryside, we can make them and sell them in the countryside! We still have a market in the countryside."
"Home appliances going to the countryside?" Shopkeeper Wang laughed: "Lao Du, no, there is no chance of sending home appliances to the countryside. The Xingyi store has opened in the towns, how can you go to the countryside?"
"Is it because ordinary people are blind and can't tell the difference between good and bad? Or are they not watching TV or going to the market, so they can't see Xingyi TV's advertisements?"
"This..." Du Qingping was speechless for a moment.
Yes, there is no harm without comparison.
The towns and villages don’t have good products, but they can still sell the rubbish BYD TVs they designed.
But with Xingyi stores in every town and Xingyi TVs for sale, no one really wants industrial garbage like BYD TVs.
"So, BYD's TV business can only be cut off? All the tens of millions of R&D funds we invested have been wasted?" Du Qingping's mouth twitched.
"Otherwise? I'll invest tens of millions more in you and lose again?" Shopkeeper Wang said coldly.
Du Qingping's mouth twitched: "..."
Shopkeeper Wang stood up, patted Du Qingping on the shoulder, and said sincerely:
"Lao Du, it is great wisdom to stop losses in time. Don't worry, I will give you the compensation you deserve. If you want to stay at BYD, I can also arrange for you to go to other departments and I won't treat you badly. After all, you are
I dug it, and I am responsible for you!"
"This..." Du Qingping looked a little complicated, and he didn't know how to make a decision for a while.
I was laid off just six months after joining the job and I didn't get much compensation.
But if he goes to other departments of BYD to do other businesses that he is not familiar with, he will develop TVs!
Just as Du Qingping was struggling, Shopkeeper Wang's phone vibrated.
"President Song's call!" Shopkeeper Wang said with joy: "It seems that Xingyi TV has been sold out and needs OEM. Our BYD TV factory is saved, hahaha!"
With that said, Shopkeeper Wang quickly pressed the answer button: "President Song, congratulations, congratulations. After Xingyi mobile phone and Xingyi tablet, Xingyi TV has also become a great success, congratulations!"
"Thank you, but the production capacity is also very troublesome. We estimated that the annual production capacity is 10 million, but now it seems that it is not enough at all. It is far behind. I heard that BYD has a TV factory?"
"Yes, we have invested one billion in our smart TV factory. It has just been completed and can be put into production at any time. The annual production capacity is 10 million. It can be used as an OEM for Xingyi TV to fill the production capacity gap! President Song, look..."
Unexpectedly, Song Sining changed the subject: "Shopkeeper Wang, cooperation is no problem. But this time, we hope to change the way of cooperation."
"Another way of cooperation?" Shopkeeper Wang frowned slightly: "Say."
"BYD invested one billion in the TV factory, and it will only take years and months to make back the investment through pure OEM. The loss may be even worse. Why not just buy it back directly from Xingyi Technology, so that you can make back the investment instantly."
"This..." Shopkeeper Wang fell into silence. How could he not understand what Song Sining meant?
BYD's TV business was considered a failure, with billions of investments lost.
The BYD TV factory has also become a hot potato.
If we receive a large TV OEM order with a volume of tens of millions, we can still maintain a balance of income and expenses and slowly recover our capital.
If we cannot receive so many orders, it will be over. Not only will we lose all our money, but we will continue to lose money. At that time, it will no longer be a loss of 1 billion.
After all, equipment maintenance and worker wages all cost money.
And if it is sold directly to Xingyi Technology, the one billion investment can be recovered at once, which is a great thing.
What's more, Wang Yi is also upright.
If it had been anyone else, they might have taken the opportunity to lower the price to 900 million, or even 800 million. Shopkeeper Wang would have had to sell it in order to reduce losses!
Now that Wang Yi doesn't keep the price low, it's a very generous thing for shopkeeper Wang to not lose a penny at the price of one billion.
Song Sining continued: "By selling to Xingyi Technology, BYD will get rid of its non-performing assets and quickly recover its capital. With one billion funds, you can also better develop the new energy business, which is your main business!"
Shopkeeper Wang's expression changed drastically, and he couldn't understand what he was saying.
'New energy business...the main business! These are not the words of President Song, but the words of Director Wang!'
'Is Mr. Wang beating me?'
'Yes, Director Wang has always opposed my diversified development...'
Shopkeeper Wang took a deep breath: "President Song, this is a serious matter. Can you let me think about it?"
Song Sining nodded: "Okay, Xingyi TV has a serious production capacity crisis. I will wait for you for a day, and we will buy other TV factories one day later."
These days, there are not many high-end mobile phone factories, but there are many LCD TV factories.
BYD is not selling, it is just acquiring other factories.
As long as you have money, there is no shortage of factories!
"Okay, I'll reply as soon as possible."
After ending the call, Shopkeeper Wang looked at everyone: "Did you hear it? What do you think of this?"
The vice president was the first to speak: "We can't sell it. Director Wang directly purchased our factory because he is afraid that BYD will make our own TV and threaten Xingyi TV."
"Yes, it must not be sold. Once sold, BYD's TV business will be far away."
But then, there was another high-level objection:
"Stop telling jokes, okay? Chairman Wang isn't afraid of TV giants like Hisense and Sony, but why is he afraid of BYD, which doesn't even produce a single TV?"
"this……"
"Ahem, although this is a bit harsh, it is true."
"Xingyi TV is high-end, while BYD TV is low-end at most. Director Wang doesn't care at all. The reason why he acquired our factory is to help us recover our costs."
"Yes, it must be sold! If we don't sell it, our investment of one billion yuan will not be able to recoup our capital in ten years, let alone make a profit."
"Dr. Wang didn't lower the price, so it's already good. Sell it, and after recovering, make good progress on the car. That's the core."
"Yes, Chairman Wang has given us orders. BYD TV is a complete failure. Don't sacrifice the good and the bad and concentrate on making cars!"
…
"Okay, then sell it!"
Shopkeeper Wang took a deep breath and looked a little sad.
At the end of last year, he wanted to make a BYD mobile phone, but after seeing Xphone 1 from Xingyi Technology, shopkeeper Wang felt desperate and gave up on the BYD mobile phone project.
This year BYD wants to make TVs, the factory has been built, and TVs have been developed.
As a result, after seeing the Xingyi Smart TV, I felt desperate and had to completely abandon the TV business, disband the R&D team, and sell the TV factory.
There is no way, the gap is so huge that it makes people despair!
It doesn’t mean that a company is strong, but its capabilities are strong.
For example, in the previous life, Volkswagen was such a large company. It had no shortage of talents and invested a lot of money. As a result, it couldn't even handle a car-machine system. In the end, it had to invest in Xpeng and directly use Xpeng's car-machine system.
Similarly, BYD can do OEM business, but if it builds its own brand, it will be over.
Electronic products are updated so fast that even those who follow Xingyi Technology cannot keep up.
Shopkeeper Wang was just about to call President Song, but Du Qingping next to him suddenly thought of something:
"Chairman, I know how to develop TVs, but I'm not good at anything else. Going to BYD's other departments will cause trouble. You have a good relationship with Director Wang, can you recommend it to me? Or package me and the TV factory together to Director Wang?"
"
"Do you want to go to Xingyi TV?" Shopkeeper Wang's expression became very exciting.
But I have to sigh with emotion, this old boy is a genius.
Du Qingping has no future if he stays at BYD.
But if you go to Xingyi TV, you can show your talents and your future is boundless!
Du Qingping actually knows how to turn a bad hand into a winner!
6!
However, this is fine, as I don't owe Du Qingping any favors.
"Okay, let me ask."
"Thank you, thank you so much." Du Qingping was extremely excited and felt that everything was bright and clear!
So much so that several BYD executives nearby cast envious glances.
Once you board Wang Dong's aircraft carrier, your future will be limitless.
Soon, the call came through: "President Song, as you said, BYD's TV factory will be sold to Xingyi Technology for one billion yuan. However, we still have a small TV R&D team. Do you think you can take it over as well?"
Shopkeeper Wang has his own calculation. If it is not packaged to Xingyi Technology, then BYD will have to pay compensation. They are all R&D personnel and their salaries are high. The total sum is not a small sum.
If it is packaged and thrown to Xingyi Technology, it doesn't matter, BYD won't have to pay a penny!
Double happiness!
"This..." Song Sining did not respond directly, but looked at Wang Yi.
Shopkeeper Wang said quickly: "Don't worry, these teams are all talented people. They are all capable people I hired from Changhong and TCL. For example, Du Qingping, Changhong's R&D manager, is a powerful veteran. You will definitely not lose money if you accept them!"
Wang Yi smiled and simply nodded.
Many of Xingyi TV's teams are drawn from the mobile phone department, and they are currently short of manpower!
People like Du Qingping have good abilities, but their ideas cannot keep up, so they cannot make good products.
With Wang Yi at the moment, Xingyi Technology does not lack advanced ideas, but only lacks capable and experienced talents to incubate Wang Yi's advanced ideas into advanced products!
Just like Zhu Changlin, he only has some strength at HTC and has not made any outstanding products.
But when it comes to Xingyi Technology, according to Wang Yi's design concept, Zhu Changlin made Xphone 1 and Xphone 1pro, both of which are Wangzhao products!
Even Zhu Changlin has become the top R&D director in the industry, and many peers want to poach him with huge sums of money.
But Zhu Changlin didn't even consider it and didn't dare to go.
Zhu Changlin knew how much he had in pounds.
Once he leaves, without the support of Wang Yi's advanced concepts, he will not be able to make epoch-making good products.
Isn't it over?
Seeing Wang Yi nodding, Song Sining said: "Okay, let's take it all in. But you have to tell them clearly in advance that you need to work in the north."
"That's no problem. Thank you, President Song. Thank you." Shopkeeper Wang breathed a sigh of relief.
With Xingyi Technology's acquisition of a TV factory, BYD's billions of capital will be recovered instantly, and the losses from this strategic failure can also be minimized!
Otherwise, the third quarter financial report will be ugly and the stock price will plummet.
After the call ended, Song Sining looked at Wang Yi: "About BYD signing the contract, are you going to go or am I going to go?"
Wang Yi thought for a while: "I'll go, I just have to go to BYD's TV factory to take a look."
"Okay, then I'll book a flight for you tomorrow."
"Don't worry, let's do it the day after tomorrow. I have something important to do tomorrow."
"What's important?" Song Sining was full of curiosity.
Wang Yi hugged Song Sining and said quietly: "Of course you are going to accompany my Sining to have some fun in the island city!"
"Hehe." Song Sining's brows were filled with joy, and her eyes were bent with laughter: "I'll reward you tonight!"
"What reward? I'm waiting."
"We'll find out tonight."
With that said, Song Sining turned around and left, continuing her work.
In the evening, Wang Yi and Song Sining returned to their villa in Shinan District.
I bought four villas in Wangyi, an island city. I originally planned to share them with my family, but the whole family ended up living in one villa.
Now it's all right, the remaining three sets are exactly what a cunning rabbit has three holes in.
Well, those from Shinan District will bring Song Sining, and those from Shinan District will bring Lin Shu later.
Wang Yi walked into the villa with Song Sining in his arms, full of curiosity: "What reward?"
Song Sining took Wang Yi's hand, walked into the bedroom, pointed at the clothes on her body, and smiled charmingly:
"Take it apart and see for yourself."
"Fuck!"
Wang Yi's eyebrows were filled with joy and he just opened the door without saying anything.
Then his eyes widened.
A set of Zhenyou’s pure and sexy new underwear...
There are even some fouls.
Song Sining had never been like this before. It can only be said that she really made breakthroughs for Wang Yi.
Wang Yi laughed dumbly: "You are testing the chairman like this? You must be punished!"
…
That night, keywords such as Xingyi TV, Xingyi router, and Xingyue all hit the hot search list.
[Xingyi TV X40, X50, redefine smart TV.]
[Double Olympic champion endorses, Xingyue brand launches strongly. 】
[Xingyi Smart Router A500 redefines smart routers and brings the price of WiFi5 to less than a thousand yuan!]
[Star God Card and Little God Card are all upgraded, and you will get free data and text messages every month. The longer you use it, the more you will get! 】
[Gree, Midea, Haier, Hisense and other brands have all joined Xingyi Smart Home to launch smart air conditioners and other equipment. 】
Without any surprise, today’s hot search list was once again monopolized by Xingyi Technology.
And sales of all categories have also soared.
The growth rate is much faster than during the day.
Especially the Xingyi TV, with its exterior design that is two generations ahead of its competitors, people can’t help but want to buy it.
Looking at the configuration, it is as good as the Xphone 1pro priced at 4999, higher than the iPhone 4s, and more than twice as powerful as its competitors!
It also supports Xingyi Smart Home and AI voice recognition, so you can’t find any rival around the world!
So what is there to hesitate about?
Placed orders one after another.
Especially users who still have 29-inch old TVs at home skip ordinary LCD TVs, replace them with Xingyi smart TVs, and go straight to X50!
There are also some lucky people who have already obtained the product and tested it.
For example, digital blogger Na Yan not only conducted a review, but also uploaded the video to Xingyi Video, Chat Official Account, Weibo and other platforms, attracting widespread attention:
"Thank you for your support. I am Na Yan. After a series of efforts, we lived up to expectations. We got the Xingyi Smart TV X50 and Xingyi Router on the day of the launch."
"Let's start the review..."
"First of all, the appearance... forget it, this appearance is at least three to five years ahead of its competitors, and everyone likes it. I want to smash the Sony at home."
"As for the configuration, it is equipped with the world's first quad-core processor and a powerful configuration of 2+8G. The performance of the
The quality is also very good, it is indeed an imported original screen.”
"Testing the X50's online playback capabilities again, thanks to the blessing of WiFi5, online viewing is twice as fast under WiFi, and it is still smooth without lag."
"Finally we test speech recognition."
"As you can see, there is no problem in Mandarin, but if I change the dialect...hey, I can actually recognize it. It's outrageous!"
The original Xiaoai AI voice assistant cannot recognize dialects.
But since investing in iFlytek, Xiaoi Robot and iFlytek share technology and databases, general dialects can also be recognized.
After all, iFlytek is very powerful in the field of dialect recognition.
After integrating technology, Xiaoi Robot and iFlytek have joined forces, and Xiaoai has been fully upgraded. It can also recognize common dialects, but the accuracy is not as high as Mandarin, but it is enough.
Finally, Na Yan said:
"This is the end of the review. I can only say that the Xingyi Smart TV X50 is perfect. The only drawback is that it may be sold out. Fans who want it, please place your order as soon as possible. Buy early and enjoy it early. If you buy it late, you will have to queue up!
"
Chapter completed!