The Red Era: Living in Seclusion in a Siheyuan as a Boss

Chapter 775 Technological Advancement!!!

Mr. Ren held a champagne glass, his fingertips gently tapping the glass to produce a crisp sound.

"Gentlemen, according to our experiments at Warwick, 3G is superior to 2G networks. It allows for video and voice calls, and mobile phones can be used as network terminals to achieve handheld computer functionality..."
Of course, this technology is not yet mature and is only in the experimental stage, but we believe it will be realized soon...

Technology is advancing, and so is Huawei. I believe the future will be even brighter!

As he spoke, he gestured with his other hand, a habitual action that caused the surrounding audience to unconsciously lean forward.

The crystal chandelier in the center of the banquet hall reflected light onto President Ren, making him shine brightly.

The Morgan CTO standing next to him suddenly raised a Mate 2 phone in his hand: "Wow! Mr. Ren, I must say that your company's communication products are among the most advanced in the world."

Just like the Mate 2 I have here, it has many unique patented technologies. I've heard that even Motorola, Siemens, and Qualcomm are seeking cooperation with you, is that right?

Upon hearing this, Mr. Ren smiled slightly, his eyes gleaming with confidence: "You're right, Mr. Morgan."

"Our collaborations with these international telecommunications giants are indeed progressing steadily." He gently swirled his champagne glass, the amber liquid shimmering under the light. "But I'd emphasize that this is just the beginning."

He put down his wine glass and took out a silver prototype from his suit pocket: "This is the next-generation product engineering prototype we are developing, equipped with the brand-new Kirin A3 chip and 2.5G technology."

2.5G is the second-generation mobile communication technology we developed. It is a transitional wireless technology for the evolution to the next generation of 3G and is mainly used in the 2G network upgrade phase.

Its core function relies on GPRS technology, which significantly improves data transmission rate and service capabilities, laying the foundation for the popularization of 3G mobile network technology in the future..." A chorus of exclamations suddenly rang out around them, and several technical experts gathered around to observe.

"Actually, the Mate 3 we'll be releasing next year will not only use 2.5G mobile network technology, but will also try to enable internet video calls. At that time, even if people are thousands of miles apart, they can make video calls anytime, anywhere..."

After taking a sip of his champagne, Mr. Ren continued, "Furthermore, our 2.5G network incorporates technologies such as GPRS (up to 115kbps) and EDGE (up to 384kbps),"
It achieves more efficient data transmission than 2G, supports WAP internet access, Bluetooth short-range interconnection, and other functions, providing mobile terminals with stronger data processing capabilities…

Everyone present exclaimed in surprise: "Wow, I can't believe it! Huawei's technology is so advanced, they're going to be able to make mobile video calls so soon?"

Liu Zhiyuan interjected at the opportune moment: "Bard, you may not know, but our Huawi's technological research and development capabilities are extremely strong. At our Europa R&D center in Munich alone, one-third of the engineers are former Siemens employees." He noticed the surprise that flashed across the faces of the Morgan executives, and a meaningful smile appeared on his lips.

This detail perfectly confirms his earlier judgment: these Wall Street elites' understanding of Eastern companies is still stuck in the stereotype of them being contract manufacturers.

The intelligent glass curtain wall in the banquet hall automatically adjusts its transparency, turning the city night view into a dynamic background.

Mr. Ren pointed to several buildings in the distance that were lit up with the Huawei logo: "Gentlemen, that is our Huawei headquarters laboratory in Yanjing. If you are free tomorrow, you are welcome to visit it."

“Of course!” Morgan’s representatives answered almost in unison.

Mr. Ren nodded in satisfaction, his gaze sweeping over every guest present.

At that moment, he noticed a foreigner wearing gold-rimmed glasses in the corner carefully examining the silver Mate 3 prototype, his eyes gleaming with excitement behind the lenses.

Mr. Ren knew that this foreigner was named Correnk Walton and was also a member of the negotiation team. He came from the Walton family in the United States.

The Walton family is remarkable; their ancestral home is a small town called Bentonville in northern Arkansas, USA.

This place has a very small population of only 2.5, which is even less than the population of a residential community in Yanjing, but its fame is growing.

"Have you been to Bentonville?" Over the past thirty years, more and more business people have been asking each other this question, because Walmart's headquarters are located there, making it a must-visit place for retailers, contractors, and salespeople around the world.

The Walton family is now the de facto owners of Walmart, the world's largest supermarket chain, and they maintain good relations with the Morgan family, one of the two largest financial groups in the United States.

Kroenke is a very important member of the Walmart family; his grandfather was Sam Walton, the founder of Walmart.

Walmart was founded by Sam Walton of the Walton family, who own 48% of the company, a stake worth over $100 billion, making them one of the world's wealthiest families.

Fortune magazine commented on the Walton family as follows: "Forget Gates and Buffett. In the United States, the families that truly have influence on the economy and society are the Morgans, Rockefellers, Waltons, and so on."

The Walton family's wealth is greater than the combined wealth of Bill Gates and Warren Buffett;
It's even higher than Singapore's GDP; it's no exaggeration to say they're incredibly wealthy.

As a core member of the Walton family, Kroenke plays a pivotal role in the Walmart Group.

He is not only an important member of the board of directors, but also holds the key position of president of the purchasing committee, wielding purchasing decision-making power worth billions of dollars.

Mr. Ren knew that if he could successfully persuade this blond-haired, blue-eyed business tycoon, Huawei Mobile could achieve a strategic breakthrough in the US market.

At that time, a direct confrontation with international giants such as Motorola and Nokia will no longer be a distant dream, but a tangible reality.

Mr. Ren walked towards Kolenk without making a sound, the champagne glass twirling gracefully between his fingers.

"Mr. Walton is very interested in our prototype?" he asked deliberately in fluent English, his voice carrying the reserved nature typical of Easterners.

Kolenk looked up, a hint of surprise flashing in his blue eyes behind his gold-rimmed glasses.

“Mr. Ren, your product is truly excellent.” He gently stroked the curved surface of the silver phone. “This phone casing is very unique; is it made of a new type of alloy?”

"You truly have a keen eye." Mr. Ren took the prototype in his hands and explained, "This is an aerospace-grade aluminum alloy shell that we jointly developed with the Institute of Materials Science under the Chinese Academy of Sciences. It's lighter and thinner than conventional materials, yet its strength is increased by 35%, and its heat dissipation is better..."

"Mr. Kolenk, take a look at this Mate 3 prototype. Its processor uses our latest self-developed 0.58-micron process technology A3 processor," Mr. Ren said slowly as he walked towards Kolenk. "It reduces power consumption by 40% compared to the previous generation A2 processor, while increasing performance by 50%. Coupled with our latest mobile smart system..." As he spoke, he lightly touched a hidden button on the side of the device, and the screen immediately lit up a mobile operating system user interface that had never been publicly revealed before.

"Wow, this is absolutely amazing! The way this phone works is incredible!" Kolenk exclaimed. He took the phone and tried swiping a few times. "Compared to this, Motorola and Nokia phones are like relics from the last century."

I love it so much, Mr. Ren! When will it be available on the market? I can't wait to own it... Hahaha..."

"Mr. Kolenk, it won't be long. We plan to launch it before next year's World Cup. The Mate 3 will help the World Cup..." Mr. Ren said with a smile.

Kolenk nodded and said very seriously, "Mr. Ren, I must say, your product has completely impressed me. I think Walmart will be the best stage for it to showcase itself, don't you think?"

“Of course, we very much hope to cooperate with Walmart; it’s a win-win situation…” Mr. Ren said with a smile. At this moment, the lights in the banquet hall suddenly dimmed, and the CEO of Huawei came to the huge display screen to prepare to speak.

A meticulously crafted PowerPoint presentation began playing, showcasing a map of Warwick's global R&D centers.

The CTO's voice was exceptionally clear in the darkness: "We have established 16 R&D centers in 8 developed countries around the world, and last year our R&D investment accounted for 25% of our total revenue..."

The data charts on the screen kept changing, showcasing Huawei's groundbreaking progress in the 2.5G-3G technology field.

When the PowerPoint presentation switched to "Technology Roadmap for the Next Decade," someone in the Morgan delegation gasped – Warwick's 4G pre-research project had already quietly begun.

Kolenk leaned close to Ren's ear and whispered, "It seems we need to re-evaluate our cooperation plan." His gaze darted back and forth between the flickering screen and the prototype in his hand. "Perhaps we could consider setting up a dedicated Warwick Experience Zone at Walmart?"

Mr. Ren smiled slightly: "This is exactly the kind of in-depth cooperation we've been looking forward to."

He noticed that Morgan's representatives were frantically taking notes in their notebooks, while the previously silent CFO had begun calculating something on his tablet.

The speech by Huawi's CTO reached its climax: "We are building not only a communication network, but a future intelligent ecosystem where everything is interconnected."

The scene switches to a smart city simulation, showcasing the impressive applications of Huawei's equipment in transportation, healthcare, education, and other fields.

The lights in the banquet hall came back on, illuminating the thoughtful faces of everyone present.

Liu Zhiyuan, President Ren, and others raised their champagne glasses, the light refracted through the glass like scattered stars: "Ladies and gentlemen, cheers to the world that is about to change." Everyone present raised their glasses in unison, the crisp sound of metal and crystal clinking echoing in the hall.

Outside the window, the neon lights of Yanjing gradually illuminate, reflecting the technological lights inside the exhibition hall, as if foreshadowing the arrival of a new era.

The next day.

The delegation from Morgan Stanley visited the Northern Headquarters Park of Huawei Technologies in the Liujiazhuang High-tech Development Zone of Yanjing.

The convoy slowly drove into the modern park, which covers nearly a thousand acres. The Morgan representatives were surprised to find through the car windows that it housed a research and development center comparable to Silicon Valley.

More than a dozen glass curtain wall buildings are arranged in a petal-like pattern, with the central solar dome shining brightly in the morning light.

“This is our ‘Future Lab’ that was completed last year.” Mr. Ren personally guided everyone through the biometric gate. “All access control uses iris recognition technology.” When CFO Marian tried to take off her glasses, the system accurately recognized her and lit up a green light, drawing praise from the delegation.

In the transparent laboratories on both sides of the corridor, engineers are debugging the latest 4G base station prototype.

Kolenk stopped in front of a base station that was being tested and watched through the glass wall as engineers used precision instruments to measure signal strength.

“This is…” He turned to President Ren, his eyes gleaming with excitement.

"This is our independently developed distributed antenna system." Mr. Ren gestured to the engineer to bring up real-time data. "Compared to traditional base stations, its coverage area is expanded by 60%, while energy consumption is reduced by 35%." The 3D simulation on the screen clearly showed how the signal evenly covered the entire test area like water ripples.

Mr. Ren led the Morgan delegation, who had come to visit and inspect, through another airtight door, and the group entered a cleanroom where they needed to wear dustproof suits.

Through the observation window, one can see hundreds of precision instruments operating simultaneously, with technicians monitoring the manufacturing process of nanoscale chips on a fully automated production line.

"This place can produce 100,000 self-developed Kirin chips every day." Mr. Ren pointed to the wafers flowing on the production line. "We have made a breakthrough in 48-nanometer process technology, and the yield rate has reached the international leading level." Several technical experts in the Morgan delegation exchanged shocked glances. Could it be that the Chinese have also achieved world-class chip technology?
After visiting the chip production line, Professor John from the University of California couldn't help but exclaim, "Mr. Ren, your vertical integration capabilities are truly impressive."

From materials research and development to chip manufacturing and then to end products, this kind of complete industry chain layout is extremely rare in the communications industry.

Mr. Ren smiled slightly: "This is precisely Huawei's core competitiveness."

"We believe that only by mastering core technologies can we remain invincible in the fierce market competition." He pointed to a giant piece of equipment at the end of the workshop, "That's our latest EUV lithography machine, which will help us achieve a breakthrough in 48-nanometer process technology."

CFO Marian quickly calculated the return on investment on her tablet, then suddenly looked up and asked, "With such a huge investment in R&D, how does your company ensure the safety of its cash flow?"

“We have established a three-tiered R&D system,” Mr. Ren replied calmly. “Basic research is supported by the Liu’s Research Fund, applied research is linked to corporate revenue, and product development adopts a market-oriented agile model.” He gestured to his assistant to hand him a document. “This is our innovation incubation mechanism. Last year, 37 internal entrepreneurial projects were commercialized.”

Marian flipped through the documents, her fingertips lingering on a few key figures for a moment, a hint of surprise flashing in her eyes: "Your R&D investment conversion rate has reached 68%, which is far higher than the industry average."

Mr. Ren nodded: "We encourage engineers to turn their ideas into actual products. We hold an innovation competition every quarter, and the winning projects can receive special funding support." He pointed to a wall of honor at the end of the corridor, which was covered with employees' patent certificates. "Last year, we applied for more than 2000 international patents, one-third of which have been commercialized."

To be honest, Mr. Ren has never experienced such a glorious life in his life.

Since being acquired by the "Liu's Financial Investment Group", Huawei has been like climbing a towering tree, gaining a solid backer.

The parent company, "Liu's Financial Holdings Group," has been providing substantial support to Huawei: it has never been stingy with its financial support, and funds are immediately available whenever Huawei asks for them; it has also spared no effort in attracting talent, recruiting top talent for Huawei from around the world.

With the strong support of the "Liu's" Group, Huawi Company has taken flight as if it had sprouted wings, and has quickly entered the fast lane of leapfrog development.

In the early 90s, under the wise leadership of President Ren, Huawei rapidly rose to become a leading enterprise in the domestic communications industry through technological innovation and market expansion.

In just a few years, the company has completed a magnificent transformation from an industry newcomer to an industry benchmark.

In the mid-90s, Huawei began to set its sights on the global market. With its strong R&D capabilities and high-quality products and services, it successfully entered the international market and became an emerging force that cannot be ignored in the world's communications field.

After the turn of the millennium, Huawi's development momentum became even more unstoppable.

Through continuous technological innovation and international strategic layout, the company has gradually grown into a globally renowned high-tech giant, showcasing the outstanding style of Chinese enterprises on the international stage.

There are actually many Chinese companies like Huawei.

With the strong support of financial giants "Liu's Financial Investment" and "Jingxi Capital", more and more electronics giants such as "Lianxiang", "Hai'er", "Hai Shen", "Tsinghua Unigroup", and "Panda" have gone abroad and become famous overseas.

(End of this chapter)