Start by trimming cow hooves
Chapter 713 Cost-effectiveness determines victory or defeat
For safety reasons, Suri has recently been using mobile phones produced by Netflix, which he randomly bought from the street and replaced them every now and then.
Others don't know how seriously some official departments have penetrated Silicon Valley technology companies. At the same time, as an important shareholder of Tweet, TikTok, Apple and other companies, how can Suri not know this?
Because it is difficult to pursue absolute security, he can only try to be on guard to avoid leaking his privacy.
The Netflix mobile phone named "Epoch 1" uses a 4-inch IPS Retina screen, a quad-core 1.6GHz processor, a removable battery of 1910 mAh, and is optimized based on the Android operating system to improve While improving fluency, unnecessary spam ads should be reduced as much as possible.
In particular, the anti-harassment interception function for incoming calls and text messages has won unanimous praise from users. When you buy a mobile phone or tablet, you will receive a two-week Netflix membership experience coupon, as well as a protective case that comes with a stand for watching TV shows.
As a man of the hour in the U.S. technology industry, and with the support of so many powerful shareholders, and the fact that Caishen Capital also heavily invested in a number of semiconductor companies, Suri was able to smoothly purchase relatively advanced semiconductors at a lower cost. parts.
As for the assembly process, he handed over the order to a foundry in the mainland. In the initial stage, he only sold through online channels to reduce unnecessary expenses as much as possible.
For every Epoch 1 mobile phone sold, the hardware profit is only about US$25, mainly through the subsequent realization of software business.
Suri flipped through the documents sent by Amanda's secretary and found that according to forecasts, an additional 8 million to 10 million mobile phones would be added, and the sales of Epoch Pad tablets also exceeded expectations.
He could already imagine in advance that when this news is released to the outside world, it will further stimulate the rise of Netflix Entertainment's stock price, and said with a smile:
"Not bad. It shows that the model of reducing profits in exchange for sales can gain market recognition and attract other mobile phone manufacturers. Low- and middle-income consumers and many foreign users are more sensitive to product prices. This is an opportunity for our rise."
"Today, my main competitor is not Apple, but Japanese and Korean mobile phone manufacturers that also use the Android operating system. They need to invest money in research and development, inventory and promotion, and Epoch's components are purchased from third parties, so they can Reduce costs by optimizing the supply chain, reducing inventory, and improving production efficiency.”
"Part of the cost of purchasing parts comes back to me through Caishen Capital. This is a virtuous cycle."
As an American company with "pure blood", Netflix's mobile smart terminal business does not need to consider how to support the country's semiconductor industry chain, increase employment rates, etc. It only needs to find ways to sell products.
If this project is really made bigger and stronger, it can bring Suri an additional US$20 billion in income, and at the same time find a reason to expand into the semiconductor industry.
Projects such as S electric vehicles and Tweet are about to be listed on the Nasdaq stock exchange, and Caishen Capital is firmly in Suri's hands.
With huge assets under management of more than 230 billion U.S. dollars, Suri contributed more than 1.6 billion U.S. dollars in net profits in the first half of this year. These funds have been retained in the company and mainly exchanged for shares in semiconductor companies, including ASML and Qualcomm. , Broadcom, Texas Instruments, Micron and other companies, by the way, they also invested some financing in the mainland.
With the support of the Big Three of Wall Street who are also shareholders, as well as financial oligarchs such as Goldman Sachs Group, Morgan Stanley, and Bank of America, Suri only needs to announce the management of client assets, while Caishen Capital's own asset status is described as "ample cash on the books." ”, “Business conditions are good” and so on.
This asset belonging to Caishen Capital itself was only about US$4.1 billion in the same period last year, and has now risen to about US$13.3 billion.
With Suri's financial management advantages, coupled with the "compound interest growth" secret of veteran stock god Buffett, I believe that Caishen Capital will still be able to maintain rapid expansion in the next few years.
Secretary Amanda couldn’t help but sigh and said:
"You understand business and know where your advantages lie. In order to stop Epoch's rising momentum, Samsung has begun to cut prices on its mobile phones. Several products also provide free warranty, Walmart shopping coupons, etc."
Su Rui said calmly:
"It doesn't matter, it lacks core competitiveness, I can accept lower profit margins, and Samsung still has a money-burning semiconductor factory to support. As long as I take away enough orders, it will fall into a vicious cycle. Don't forget I also built an Orange mobile phone company in the Mainland, using the same Fabless (fabless semiconductor design company) model as Epoch.”
Hoshino Yuko has a good figure and is still very sexy even if she wears short-sleeved shirts with Doraemon cartoon patterns on them.
After hearing this, she sighed:
"This is how you provoke countless enemies. Even if I don't know much about these businesses, I know that no one likes the appearance of spoilers."
Suri smiled and said:
"Before, because Japanese and Korean mobile phones were cheaper, they successfully took away orders from European and American brands. Now I just launch cheaper products. This is how business is, always relying on cost-effectiveness to determine victory or defeat. Compared with Japanese home appliances, which have already screamed before they died. It’s the same with the manufacturing industry, it’s just that they lack market competitiveness.”
Suri will still be a little wary of going head-to-head with Wall Street, U.S. oil and traditional car companies. However, no one will speak for them in Washington to seize the market from Japanese and Korean companies.
Yuko Hoshino was born and raised in Hawaii.
Thanks to her old-fashioned and mean father, the girl didn't have much of a good impression of Japan. Instead, she couldn't stand many customs, such as most women being housewives at home, and the hierarchy of superiors and inferiors, which are all modern What young people hate.
After hearing Suri's words, Hoshino Yuko only felt that it made sense.
She continued:
"The S-Car 8 designed by your company is so beautiful, but mobile phones and tablets are very ordinary. At least I rarely see the models around me using it. Please find a more powerful exterior designer next time."
Suri admitted frankly and replied:
"Although it may not look exquisite enough, it is durable and cheap. It is similar to the products on the BuyMe platform. As long as the price is affordable, consumers will be tolerant enough."
Since the launch of the BuyMe platform, the live broadcast mode has taken a back seat. Many consumers like to stock up on low-priced daily necessities from this platform.
In the first and second quarters of this year, BuyMe’s sales were US$709 million and US$1.061 billion respectively, a very obvious increase.
This is mainly due to the fact that BuyMe raised US$800 million in the first quarter and issued approximately US$120 million in coupons.
Although the losses have become more serious, the valuation has been soaring, with the latest valuation being approximately US$6 billion. (End of Chapter)
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