Reborn Entrepreneurial Giant.

Chapter 360 Modification of Contract

The purpose of investing in the Golden State Warriors is self-evident. It can make money, help Xiangyun grow, and witness the birth of a legend. It is a good thing no matter what.

Qu Li and Joe Lacob, who suddenly entered the game, participated in the bidding of the Golden State Warriors. Although their combination is not short of money, their professional ability is really not reassuring.You must know that Chris Cohan, the former owner of the Warriors, was rated by the American media as the fourth worst basketball boss in 2009.

Joe Lacob and Qu Li bid $4.5 million and eventually won the bid. Vision Investment held 60% of the shares, and Joe Lacob gained actual control. Unless his ability was really incompetent, either party would be out. .

The whole transaction process had nothing to do with Qu Li. Instead, the CEO of Oracle called Qu Li, whom he had just met, after he was eliminated. It can be said that the dust has settled.Ballmer initially thought that Qu Li was dishonest, but after reading the report, he realized that Qu Li was too devilish. He had just finished talking to him about NBA basketball and immediately invested in a company. It was too hasty.

The domestic media were so shocked by the news that they forgot to send a message. Is this true?Why did Qu Li invest in a team that has always been bad?

More news came out, confirming the authenticity. Qu Li has entered the corporate circle from the entertainment circle, and now he has entered the sports circle. He is really capable of tossing things around.

Fortunately, Honor released the Honormate mobile phone endorsed by Messi at this time. This mobile phone has a retina screen and KunLunUI system. Except for the operating system that is not as good as the iPhone, everything else is an instant hit, especially the phone call capabilities, data transmission speed and other indicators.Without Qualcomm chips, the iPhone’s call capabilities are limited. As for photography, imaging, and gaming, there is still no discernible difference at this time.Oh, and there’s also standby battery life, which the iPhone has an advantage over.

The Mate series has enriched the choices in the Android mobile phone market. Unfortunately, Honor released three series of mobile phones within one year. The basic models are priced from 499 US dollars to 599 US dollars. After being converted into soft sister coins and adjusted, the prices are 3399 and 4399. Despite this, domestic consumers feel that there is no price space.

This is not only a problem of Honor, but also related to Qualcomm not providing more chip options.At this time, there are not many types of chips in high, medium and low range. If chips from other brands such as Texas Instruments and Samsung are used, the pricing may be better.However, for the sake of long-term interests, the contract with Qualcomm was revised. Qualcomm authorized CDMA patents in advance, but it required Honor to provide a long-term procurement contract, and the annual chip procurement accounted for no less than 50%...

Qu Li communicated with Qualcomm CEO at the Sun Valley Summit. After participating in the bid for the Golden State Warriors at the summit, he started negotiations with Qualcomm and determined the general direction. Qu Li clearly expressed the underlying logic of his self-developed chips: to build differentiation. Competitive advantages, reduce comprehensive use costs, and gain certain technical initiative...

"In order to ensure the security of the supply chain, we will not give up cooperation with Qualcomm, but it is impossible to purchase products with product defects. The defects we are talking about include: backward performance, power consumption, abnormal heating, etc." Qu Li is very realistic and chooses A development strategy similar to Samsung's mobile phone chips does not need to be used, but it must be there.

Qualcomm's chips will almost always be the best choice for Android phones in the next dozen years. If they have no strength, only the craziest navy will believe it.Later, Qualcomm entered the automotive chip market, and the car-grade chip 8155 developed almost became the standard for smart car cockpits. If such a powerful company were a Chinese company, it would have been blown away long ago.

Qu Li does not want to interrupt his cooperation with Qualcomm, not only because he is afraid of being affected by trade, but also because he is afraid that Honor's "Orion" chip is not as good as Qualcomm. Once the Qualcomm 810 (Fire Dragon) chip is developed by self-development and there is no backup, it will be miserable... …

Under the premise of such high sales, Honor uses Qualcomm chips in all series, which is full of sincerity. It is impossible for Qualcomm CEO not to see it and not to value Qu Li's sincerity.This negotiation is not a tense situation, but a real solution to the problem.

The general plan is for Honor to ensure that the Mate series is mainly based on Qualcomm chips, Magic is mainly self-developed, and the G series flagship has both Qualcomm and self-developed chips. The planned Find series will consider more cost-effectiveness and can purchase third-party chips.

There are also purchase volume restrictions. For example, in principle, the purchase volume of Qualcomm chips for Honor mobile phones should not be less than 30% in the long term and not less than 50% in the short term; or at least 3000 million chips per year, or the purchase amount should not be less than...

It must be noted that with Qualcomm’s CDMA patent in hand, it is impossible to make too many concessions if it is firmly established on Diaoyutai. For example, last year Samsung obtained a 13-year patent license for Qualcomm’s CDMA, WCDMA and OFDMA patents for US$15 billion, and authorized Qualcomm to use it. It holds 57% of its patents in mobile technology.Of course Honor can afford this price, but at this time Honor's patents and technology are not as good as Samsung's, so the price paid will naturally be higher.

"Excluding factors such as chip procurement, looking at patent licensing alone, the price we have to pay is US$15 billion in 20 years. The subsequent baseband and chip procurement prices will be lower than those of all other smartphone companies such as Samsung, Apple, and Nokia." Chen Jingqiu went to the United States to participate in the negotiations, reorganized many complicated contents, and confirmed them with Qu Li.

"So much, what's the total contract amount?"

"The lower limit is US$10 billion in 150 years!"

"Oh!" Qu Li felt a little distressed. He didn't know how to spend so much money.

"What if our company's products are banned and no longer work?"

"There is a force majeure clause in the contract. As long as Qualcomm chip procurement accounts for no less than 50% of Honor smartphones or the purchase amount exceeds 15 billion US dollars, any condition will be valid if it is met, and there will be heavy fines for breach of contract..."

Qu Li didn't know that the scary figures at this time would not matter many years later. The annual chip purchase amount of Couliang mobile phone exceeded 150 billion US dollars.Moreover, Samsung mobile phones only have patent authorization, and their mobile phones have not had self-developed full-network chips for a long time.Honor’s contract also includes Spreadtrum Communications cdma baseband chips

Lei Jun soon flew from London to the United States. In addition to signing the Qualcomm cooperation documents, he would also actively respond to the lawsuit in the United States and wait for an opportunity to countersued iPhone infringement...

"You bought the Warriors, why don't you buy the Huo Jian Team?" Lei Jun asked Qu Li when he saw him, Dayao has not retired yet.

"Team Huo Jian is too expensive. This was a temporary decision." Qu Li would not say that Team Huo Jian would later become Team Mosaic. There was no need for him to wade into the muddy waters.

"You dare to buy it even if you make a last-minute decision?" Lei Jun stared with wide eyes.

"Anyway, the risk is very small. At most, you won't make any money, and you won't lose any money."

"How can there be no loss-making business?" Lei Jun thought Qu Li was confused.

But Qu Li has a lot of useless little knowledge. In ten years, there will be no team in the NBA with a valuation of less than 10 billion US dollars. Now he bought the Warriors for 4.5 million US dollars, and if he does nothing for a year, he will have a 10% fixed rate. Income, ordinary people, who doesn’t want it?Not to mention that Joe Lacob may lead the Warriors to legend, and the team's valuation may exceed $45 billion.