Reinventing the Millennium.

Chapter 839 Injured
Stanford and Silicon Valley have a close relationship.

When Fang Zhuoren came to the business school, the current hot topics are simply asking questions and sharing. His main business point of view here today is to advocate globalization and talk about the changes and challenges brought about by globalization.

Just as the New York Times tried to use the case of Lehman to explain a proposition as big as the financial risk of the United States, he also used his own Yike as a sample of globalization development.

"Everyone knows that our Yike Mars will be released before Christmas in December."

"It is expected that next month, Mars will complete the FCC certification of the US Federal Communications Commission. The European market may be more complicated, but it will be completed in October."

"At this moment, the machine parts we need have already placed orders in various countries and regions around the world."

"The glass from Schott Group in Germany is loaded onto freighters. This 123-year-old factory has tried a new process for the needs of Mars' glass fuselage."

"The camera experts from Sony Group of Japan arrived in Silicon Valley. They are the best camera practitioners in the industry and will try to better transplant the technology in the camera field to mobile phones."

"Qualcomm's chips are put on the plane. These chips are specially designed for the Android system and belong to the first-class level in the global industry."

"There are also storages from South Korea and Huaxia Baodao that are shipped to the mainland of China by their respective companies. They have not had a good time recently, but they have successfully reduced the cost of both Yike Mars and Apple iPhone."

"Oh yes, Apple also lost 6% of its market value for this."

Fang Zhuo not only talked about the product composition in the era of globalization, but also talked about the first-class performance of his own mobile phone. He said with emotion: "It is this kind of globalization that can produce products like Mars, and allow me to stand here with Google , Qualcomm and other partners worked hard to launch Mars and talked with everyone.”

"Freighters, planes, and passenger cars in different regions operate together in the entire production chain, and elites, talents, and experts in different languages ​​work together for open source Android. I like this kind of globalization. I always think that there is a kind of connection in the same world. Great romance."

"The birth of Mars is such a romantic crystallization."

Fang Zhuo casually showed the mobile phone in his hand, never forgetting to promote the company's products.

He saw the students in the first row trying to lean forward, trying to see the true face of Mars, and some people took pictures of themselves and Mars with their mobile phones.

Fang Zhuo smiled, walked a few steps forward, threw the optimized Mars to the students in the first row, and continued to talk about the challenges brought about by globalization. This time, he used Apple, which he was familiar with, as an example.

Apple launched the iPhone in the US market at the end of June. After more than two months, it finally announced that it will log in to the European market next month. The cooperative telecom operators are O6 in the UK and Orange in France.

However, these two operators do not give user subsidies, and the European price of the iPhone is the retail price of 399/499 US dollars.

Because Apple has not even opened an experience store in Europe, its sales in Europe must all rely on local operators.

It's almost certain that the iPhone won't do well in Europe.

This is Fang Zhuo’s example of the challenges brought by globalization to the company’s operations, not only the products, but also the extremely difficult cooperation with different companies in different regions.

"Then how did Yike solve this problem?" A teacher couldn't help asking, because he listened to Mr. Fang's exaggeration of the difficulty of negotiating with operators.

"I noticed that a photo at Yike's press conference was widely circulated. Even some media also used and adopted comments from netizens. -The leaders of the three companies -Mobile call it the 'Iron Triangle'." Fang Zhuo said calmly, "I quite agree with this title, and it is precisely because of our extraordinary relationship with T-Mobile, Yike and Deutsche Telekom Only then can we have a deeper cooperation.”

"Is it safe to say that Lehman's short selling against Yike failed?" The students in the first row returned their mobile phones, and couldn't help turning the topic back to Lehman.

Since the release of Mars, Yike's stock price has been free from negative declines, just like Apple's positive performance after the release of the iPhone.

"Lehman probably has no time to think about Yi Ke." Fang Zhuo shrugged, almost sure of this.

He and the one from Lehman only had a little friction at the New York Institute's charity dinner. Now, Yike is busy preparing for the launch of mobile phones, and Lehman is busy, busy how to live decently. Forgot in the rivers and lakes.

It is not easy to turn away when it comes to Lehman. This is a hot topic nowadays, and the reputation of Lehman has changed rapidly before and after.

Fang Zhuo is familiar with the recent situation of Lehman by reading the research report and Kong Yu's industry report, listening to everyone's questions, and sharing what is convenient to say.

This business sharing session ended on a happy note.

When Fang Zhuo used Mars to take photos with as many teachers and students as possible and uploaded the photos to Facebook, his bright smile somewhat stimulated Fuld, who was struggling at Lehman.

Others don't know. Fuld knew the relationship between Summers, Rubin, Geithner and Fang Zhuo best at the charity dinner. Now, Lehman's stock price has plummeted due to the NYSE report. Who is not obvious?
In particular, Fang Zhuo still holds a lot of short positions in Lehman.

Recently, Fuld has been besieged by the media for many interviews. Everyone wants to find out the real situation of Lehman.

The more he looked at Fang Zhuo's selfie leisurely going to Stanford, the more angry he became, and he couldn't help shouting in a media interview: "The so-called report by the New York Times is distorting the facts and only intercepting the data to prove their point of view. NYE has a close relationship with Fang Zhuo, and this is a purposeful short-selling operation.”

Fuld also disclosed a piece of news that he knew: "Fang Zhuo is just using NYE to raise funds for his fund to make money!"

The head of Lehman was visibly angry.

However, Summers hoped that the New York Times could become a reasonable tool, and did not feel that the research report was biased, while several other institutions and investors who were not named were somewhat dissatisfied.

Today, with the increasing investment income of the MIGA department, the investment institutions have basically guessed what kind of business this is.

Whatever business it is!
Certainly a lucrative business!

Fuld made a sound, trying to divert his attention a little.

Soon, without the response of Fang Zhuo and New York Economics, some organizations sharply commented on the Lehman moment.

Northern Trust: Lehman, are you saying that your CMBS cannot be sold?
Bessemer Trust: Lehman, are you saying that your CMBS cannot be sold?
BlackRock Trust: Lehman, are you saying that your CMBS cannot be sold?
Institutions spoke out, especially those that liked to rate other institutions, and Lehman Brothers, which had just rebounded to $50, fell again.

The most important thing is that Fuld is leading Lehman to find funds that can solve the urgent need, and these companies are also on his list.

Immediately, he felt that there was already a group of entangled forces under the skin of the New York Times. Lehman was not afraid in the past, but now he did not want to continue to be thrown into trouble.

Fuld thought left and right, and evaluated Yike's competitors around the corner.

"I bought an iPhone that is not very easy to use. Objectively speaking, I only require its signal to meet my usage requirements. I have noticed that this is a problem that is often raised."

"If the iPhone wasn't a mature product, Jobs shouldn't be rushing to bring it to market, especially at such a price."

"As a high-tech obsessive, I might have to wait until Christmas."

Jobs:?

(End of this chapter)