Chapter 138 Venture Capital (4)
Jindi mobile phones have changed this situation in one fell swoop, showing that domestic mobile phones can already make trouble in this market and can ship in the mid-to-high-end volume of more than tens of millions of units. They are already a strong competitor in the second group of international mobile phone markets.
Originally, if the current situation continues, Jindi Mobile can go a step further in brand building, and it is very likely to go abroad and become the leader of the second group army in the international mobile phone market.
If Jindi mobile phones were not estimated to be insufficient and the order of key spare parts was insufficient, which was affected by abnormal interference from upstream suppliers, resulting in serious failure to keep up with sales, resulting in frequent outages in the market sales process, resulting in de facto hunger marketing, Jindi mobile phone sales could be further taken.
The mobile phone industry now knows that the cause of this situation is Sal Company. However, everyone doesn’t know that Jindi Mobile has only signed a one-year agreement with Sal Company. Otherwise, I would have long known how many people have come to entangle Cai Siqiang.
Under normal circumstances, by next year, Jindi, which has funds and confidence, should not make the same mistake and lose its chain in the supply chain again. In addition, the mobile phones launched this year have a good reputation and have greatly strengthened their brand. Therefore, the general market expectation is that Jindi's mobile phone sales are likely to exceed the 15 billion US dollars mark next year, seriously threatening HTC's market position.
If so, Jinde Mobile will firmly occupy the leading position of domestic mobile phones on the one hand, and on the other hand, it will go abroad and begin to act as a real disruptor in the mid-to-high-end international mobile phone market. Judging from the weaknesses of Jinde in the international market, what he lacks the most is brand and channels.
Jinde Mobile's performance this year is so eye-catching that even venture capitalists are now paying attention to Jinde Mobile, a mobile phone company that they would not have liked in the past two years.
The annual sales volume of mobile phone market exceeds one billion units. If you can stand in this huge market, you can imagine that this space is so big.
But now when everyone heard Cai Siqiang talk about the authorization, they suddenly realized that Jindi mobile phone life gate is now completely in the hands of SAL. Before the core technology of SAL's voice recognition, Jindi mobile phone could say nothing, but once it was installed with SAL's voice recognition technology, the sparrow turned into a phoenix immediately.
In fact, after all, SAL's core technology is powerful. Since the contract was not signed well, now that the contract expires, SAL has its own interest demands, and this requirement is natural. After all, everyone can see that SAL's core technology is Jingui, and Jindi mobile phone can sign an exclusive authorization for one year in advance.
What you earn this year is worth the past seven or eight years, and Jindi Mobile really has nothing to complain about.
Four venture capitalists figured out this key problem and suddenly realized that these young people from SAL have a very bold game of voice recognition, and have made every step very solid. The contract signing is also a backup plan, and they don’t look like newcomers who have just started their own business.
Thinking of this, everyone also recalled that Duke had created another brain wave mental power helmet in the United States shortly after, and the full voice intelligent navigation device I just saw. Could it be that there is any secret association between this that is unknown to others, and there is no secret that SAL has a new killer product that everyone can't imagine.
Thinking of the strong innovation ability of the R&D team of SAL, several bigwigs had a little contact with each other and had tacit understanding of SAL, they had a different understanding of SAL.
In fact, this is because venture capitalists are thinking too much. In order to push the valuation to US$20 billion, Cai Siqiang basically played all the cards in his hand. However, Cai Siqiang didn't know that Duke, a monster-like scientific freak, could not be judged by common sense.
The fantasy of venture capitalists is infinitely close to reality, even though everyone still knows nothing.
But venture capitalists believe that if SAL is placed in a large company like Microsoft and Apple, it may not be very strange. However, if it is placed in a new startup that has just been established, the venture capitalists here are now sure that they are actually the leading young people in front of them plus a young man in the United States. That is really amazing.
In such a short period of time, not only did so many world-leading products have been developed, but the team was able to successfully convert the leading technology into sales results. Although some cooperation seems to be insufficient and suffered a little loss, overall, the results are extremely amazing. The voice input method has gone abroad. Although there are only two versions of Chinese and English now, it has begun to monopolize the input method.
Although intelligent voice control has made Jindi mobile phones a big profit, it also accumulates huge wealth for Saal. Now I believe that many people are rushing to authorize billions of RMB, and this effect can be achieved without spending a penny. If anyone dared to say this a year ago, if you don’t say you are crazy, you think you are crazy.
It’s not impossible for mobile phones to control voice, and navigation devices to control voice, TVs, air conditioners, etc. This business is really very broad, and people are now daring to think about international mergers and acquisitions.
It can be said that no big shot here has seen a startup company that is developing more rapidly than SAL.
Famous Facebook, a company that is already a bit legendary, started its business in February 2004. After more than a year of establishment, its valuation is only about $100 million. Facebook's valuation reaches $10 billion, which is five years later in May 2009 - Facebook received $200 million in investment from Russian Internet investment company Digitalskytechnologies, which obtained nearly 2% of Facebook's preferred shares based on a valuation of $10 billion.
Facebook has been the most eye-catching star in the past decade, but if compared with SAL, in the same short period of time, everyone found that Facebook is nothing, because it has achieved operating profit of more than US$300 million, SAL only took it for a year, and Facebook took it for a full 7 years, and Google, another famous Internet company in history, has also used it for 6 years.
Chapter completed!