Reborn since 1993

Chapter 197 Dances with Wolves
"Donngling Hi-Tech can join Qualcomm's CDMA Alliance and develop 2G and 3G technologies, patents, etc., but it cannot be controlled by Qualcomm!"

"Starting from PHS mobile phones, 10% of mobile phone revenue every year in the future will be used for mobile phone technology research and development, including the development of new mobile phones, communication technologies, mobile phone chips, etc. If necessary in the future, R&D investment can be increased to more than 25%!"

Li Dongling finally said to Chen Tao and Luo Zheng that Chen Tao was in charge of the research and development department of Dongling Hi-tech, and the mobile phone business was also under his control. In the future, Luo Zheng would basically be the person in charge of Dongling Hi-tech’s communication technology, and his main focus would be working with Qualcomm. , Nokia, Ericsson and other communication giants compete in the arena.

In the past life, the R&D investment of the general mobile phone industry was basically around 8%. Of course, those reskinned phones are different from copycat phones. They basically copied the work without investing in R&D funds. Which phone is popular will be copied, but when it comes to smart phones, In this era, the copycat machines that played this set were basically wiped out by the group.

In the era of smart phones, the famous fruit machine actually invested less in R&D than its competitors, only less than 6%. In the same period, Samsung and Chrysanthemum Factory invested more than 22% in R&D. .

As for now, Donglin High-tech has allocated 10% of its mobile phone funds for research and development, which is already very scary. At least it is the only one in the domestic electronics industry.

For example, UTStarcom, which launched PHS in the previous life, had an annual revenue of more than 10 billion yuan at its peak. If PHS can be sold abroad in the hands of Dongling Hi-tech, the revenue will far exceed that of Starcom. By then investing % of the revenue, the R&D funds contributed by PHS alone could reach two to three billion or more!
With such a large investment in research and development, Li Dongling does not expect that Dongling Hi-Tech can replace Qualcomm, or at least be on an equal footing with Qualcomm. The right way is for the two companies to work together to cut leeks.

"Mr. Li, I will not let you down!"

Luo Zheng's face was a little red, and he couldn't help but feel excited. Li Dongling didn't talk about Stud 2G and 3G technology, but he used actual actions to prove it. Give him enough funds to let him compete with Qualcomm, Nokia, Ericsson, The international giants of Samsung are competing head-on. This is a world of difference from his situation at Lenovo.

Li Dongling laughed and patted Luo Zheng on the shoulder. Luo Zheng was Ni Guangnan's disciple. Li Dongling absolutely trusted Ni Guangnan.

"You have a bad stomach, drink less!" Xia Wantang, who was sitting next to Ren Yuefeng, took out a handkerchief and wiped the drink that spilled from the corner of Ren Yuefeng's mouth.

Seeing this scene, Li Dongling, Yao Luoying and others can see that Xia Wantang is a very gentle woman, with a smile on her face all the time, which makes people feel good about her. The relationship between husband and wife Ren Yuefeng It's very good. It's not easy for couples to still have this kind of relationship when they reach middle age.

Ren Yuefeng returned to Pingyang from Riben. This would be a blessing for him. This time he brought his family members with him. She said they were family members, but they were actually his wife. Ren Yuefeng and his wife had a daughter who was currently in Hong Kong City. There is no need for Ren Yuefeng's wife to take care of him in college.

When Hu Huxian saw this scene, he was touched. He couldn't help but take a sip of old wine, thinking that when he lost money while speculating in real estate in Yazhou, his wife was the first to divorce him, for fear of being implicated by him. Comparing the two couples Ren Yuefeng and Xia Wantang in front of him, he couldn't help but sigh.

"cheers!"

……

"Welcome back, Mr. Ren!"

Facing the wine glasses handed over by Zhang Ao, Gao Peng and others, Ren Yuefeng drank them all without refusing.

"Sister Xia, let me toast you too!" Yao Luoying looked at Xia Wantang and handed her a glass of wine.

"A toast to my sister-in-law!"

In the courtyard behind the Dongling High-tech Headquarters, a bonfire was raised, and it was very lively at the moment.

Xia Wantang, who had an intellectual feel about her body, glanced at Yao Luoying, then at Li Dongling, took the wine glass with a smile, clinked a glass with Yao Luoying and drank.

Then, Xia Wantang's eyes were on Ren Yuefeng again, and from time to time he put barbecue on the empty plate in Ren Yuefeng's hand.

Looking at Ren Yuefeng, who was laughing heartily from time to time despite drinking a lot of drinks, Xia Wantang could feel that Ren Yuefeng really liked this place. Unlike when she was in Hong Kong City, Ren Yuefeng also took her to a banquet, but at the banquet, Ren Yuefeng always had a stiff smile on his face, and he was exhausted after returning home. Yao Luoying looked at Ren Yuefeng and Xia Wantang, and remembered something. She raised the corners of her mouth slightly and slowly leaned her head on Li Dongling's shoulder.

The college entrance examination is approaching, and Li Dongyue, who finally came back from school today, is also sitting by the campfire, devouring barbecue, but her eyes are glancing towards Ren Yuefeng and Xia Wantang from time to time, and then focus on Li Dongling and Yao Luoying.

Later, Li Dongyue inexplicably remembered the scene in the Shura field where Yao Luoying and An Ruxue were present at the same time in the courtyard next door that day, which made her shudder and she did not dare to think about it anymore.

Li Dongling's eyes caught Li Dongyue, he replaced the wine glass in front of her with a bottle of drink, and cut a pot of barbecue for her. Today, he invited a chef to cook and prepared a lot of food.

"After the college entrance examination, which university are you going to apply for?!" Li Dongling asked Li Dongyue.

Li Dongyue took the college entrance examination, which was a big event for the Li family. Li Zhenlin and Wang Xiulan, like countless parents in Pingyang who took the college entrance examination this year, went to Confucius Temple to burn incense and pray.

Li Dongling is not worried about Li Dongyue's grades. In her previous life, she relied on her own strength to get into a university in Yanjing. Now, Li Dongyue's grades have improved by leaps and bounds. Not to mention winning the top prize in Pingyang City, but after several joint entrance examinations, Li Dongyue's grades were among the best.

I just don't know why, when Li Dongling asked about this, Li Dongyue glanced at Yao Luoying with a faint look, with tears in her eyes. The college entrance examination was finally about to take place. Who knows how she has spent the past six months.

Every time she took the college entrance examination questions, Li Dongyue did two copies. She finished the test questions that Yao Luoying bought for her and the questions that An Ruxue bought. No matter how unpopular the test questions were from all over the world, Li Dongyue had encountered them. Anyone would do two copies every day. , guaranteed results can also improve by leaps and bounds...

"Yanjing!"

Li Dongyue said directly, "I want to go to university in Yanjing!"

Li Dongling nodded. He was not surprised by Li Dongyue's choice. "When you go to Yanjing, I will personally take you there!"

When some children from the Pingyang City Government compound who were familiar with Zhang Ao and Yao Luoying also came over, the atmosphere of the campfire suddenly became warm. Powerful songs came from the speakers. Yao Luoying also pulled Xia Wantang up and surrounded them. He started to shake his body while lighting the bonfire.

Looking at Xia Wantang, who was gradually adapting to the atmosphere, with a smile on her face, Ren Yuefeng also had a smile on his face, and then turned to Li Dongling and sighed, "Back then, I promised her that I would take her on a trip around the world. , but I have been too busy these years..."

"There will be a chance!"

Li Dongling raised his eyebrows, looked at Ren Yuefeng and said, "Believe me, Dongling Hi-Tech will one day present a private jet to its general manager!"

"You can ride it and take your wife to go skiing in the Alps, go to Bryce Canyon to watch the sunrise, or watch a Champions League final, or watch a football or basketball game owned by Tanglin High-tech..."

Hearing Li Dongling's words, Ren Yuefeng couldn't help but smile, "Then I'll borrow Mr. Li's auspicious words!"

That's what he said, but looking at the smile on Ren Yuefeng's face, Li Dongling also knew that he probably didn't take these words seriously.

Although the current valuation of Donglin Hi-Tech is estimated at US$5 billion by Nippon-Mitsubishi Bank, the valuation will always be a valuation. Without realization, it will always be just a string of numbers.

This is true even for Dongling High-tech Company. The net worth of Ren Yuefeng, the general manager, is not much. In 1995, in the entire Asia, except for the Nippon-Benzene Consortium, which had private jets, the rest of Asia, that is, Siam The Luo Royal Family and the Middle East Petroleum King have several indoors, but other private companies rarely have them, let alone equip their general managers with them.

(End of this chapter)