"Actually, the United States people still like to spend more. If we can work with a financial company and issue a loan, maybe someone will be willing to buy it."
"Mortgage loans cannot work. Now, the rate of bad loans is too high. Just a VCD player alone cannot be packaged into a financial product. Unless it is like Fusang, where there is a large sum of money!" Both father and son had some suggestions. But when one of them made a suggestion, the other one objected. Feng Yu's father immediately rejected his son's suggestion.
"Seems like we can only use our trump card!" Boss Jia sighed.
"What trump card?" Both father and son looked at Boss Jia curiously.
"Sony's VCD player is selling at 1,200 USD per unit. We will sell it at 600 USD per unit. With this price, I believe many people in the United States will be able to accept it!" Boss Jia said.
"Of course, the sales will be better. But the most important thing is that there is no demand for VCD players in the society. Everyone already has a VCR, and no one will be willing to spend another 600 USD to change to a VCD player."
"Demand can be created. I want the audience to understand that the VCR is already an outdated projector. The VCD player is the most fashionable and flashy thing. Whoever owns a VCD player will be able to stand at the forefront of this era and become the trendsetter of this era!" Boss Jia said.
"Then this is a very good way to promote a product. But in this way, I'm afraid we'll spend a lot of money on various TV advertisements, newspaper advertisements, and other news media. When the time comes, I'm afraid we won't even be able to make up for the cost of publicity.
"Don't worry. I have two big marketing spots in my hands. Both of them can be used to create news in the country. As long as we can create news about both of them, we will be famous!"
"Two big marketing spots!" Orlens and his son looked at each other. They did not know what the two huge publicity points that Boss Jia was talking about were.
"Fine. You will know when the time comes. Now, use the price of 800 USD per unit to sell Daqian VCD players through all our channels. Sell as much as you can!"
"Oh, the Guangying Supermarket in this major city must be built at the same time. There must be no delays! We must ensure that our customers can get a large amount of VCD players to use once they buy Daqian VCD players. "
"Yes!" Both father and son nodded. Although building Guangying Supermarket was troublesome, it was not a difficult task. They only need to spend some money.
After that, both parties ended the meeting. Boss Jia immediately left for New York. America First Foundation's headquarters was located there. It was also Boss Jia's most secretive base in the United States.
But America First Foundation was not doing well. Although the United States had invested in Nvidia, AMD, Marvel, and Qualcomm, none of these companies could turn their losses into profits. The worst was Qualcomm. Its market value had dropped by 30 million USD. This meant that the United States had lost more than 15 million USD.
On the other hand, although America First Foundation still had a lot of spare cash, according to Boss Jia's orders, once Apple's share price fell below a certain point, they would carefully buy the remaining 200 million USD of America First Foundation. In the end, America First Foundation had 10% of Apple's shares. America First Foundation had become Apple's third largest shareholder.
But no matter what happened to Apple, its stock price never rose significantly. The income of the America First Foundation was basically maintained in a state of break-even. If the daily expenses of the fund were included, the fund would undoubtedly lose a lot of money.
When Boss Jia suddenly visited, Harry Potter was a little shocked. He really didn't receive any news that Boss Jia was coming.
However, Harry Potter wasn't like a certain guy who recklessly squandered money while his superiors couldn't help him. On the contrary, he was a pretty good agent. Although he didn't make any money, the entire foundation was orderly and there wasn't a trace of chaos.
"On behalf of the foundation, you go to Qualcomm and announce that we are going to hold some board meetings!" The big boss did not hide anything and directly stated his purpose.
"Hold a board meeting at Qualcomm? What's the purpose? "Harry Potter asked carefully.
"It's not a special purpose. I just hope that Qualcomm can open a branch company!" Boss Jia said with a smile.
— — —
The board meeting of Qualcomm started as scheduled. After all, it was a board meeting held by the largest shareholder. If you didn't come, you would have nothing to do with whatever decision was made at the meeting. That was definitely not allowed.
Therefore, except for some shareholders who could not make it, the rest of the shareholders basically fell.
"Mr. Harry Potter, what is your purpose today? Let's be frank!" Albert, the chairman, said very frankly.
"It's very simple. I am not satisfied with the current development speed of Qualcomm. I hope that Qualcomm can add new growth points to drive the growth of its performance, so Qualcomm needs to develop a new business!" Harry Potter said loudly.
"Develop a new business?" Everyone looked at each other. They thought that this foundation had some capital operation. They did not expect that it would actually start the operation of the company.
"What is the new business?" Albert asked again.
"I think that the Internet is developing very fast now. There are already two network communication companies in the United States. With Qualcomm's reserves in network technology, there is no technical problem to set up a network communication company. Isn't this a good decision?" Harry Potter said with a smile.
"Network communication company!" The shareholders of several companies, especially the scientist shareholders of the founders, began to look at each other. In fact, it was not that they had not considered the plan to establish a network communications company, but they felt that this company was too expensive. With Qualcomm's current cash flow, it was absolutely impossible to support the operating expenses of a network communications company.
"Mr. Harry Potter!" Albert organized his words and tried not to sound so stiff. Then he said, "Your idea is very good. We can also see the potential of a network communication company. However, a network communication company needs at least one or two hundred million dollars to set up. Qualcomm really can't afford so much money!"
Albert thought that when he said that, Harry Potter would give up. What he did not expect was that Harry Potter seemed to smile even more happily. "No money?"
"It doesn't matter if you don't have money! I have money! " Harry Potter said with a smile. "If you are just worried about money, then don't worry. I will pay for this. The company doesn't need to pay a penny. Of course, this portion of the additional shares, everyone will have to give it to me! "
"Increased shares for you again?!" The people of Qualcomm were shocked. If Harry Potter's shares increased, he would hold more than 70% of Qualcomm's shares. They would have no right to speak in front of Harry Potter.
"We think it still needs to be carefully considered. This matter can't be rushed. It's better to hold a few more meetings with all the engineers …" Albert used the stalling tactic.
"Don't drag it out!" Unexpectedly, Harry Potter saw through their plan at a glance, and then said, "If you don't want me to pay for the additional shares, then this company can be set up by me. However, I will only be the nominal controller of this company, and 100% of the shares of this new company will be controlled by me!"
"At the same time, in the process of running the new company, Qualcomm must provide all the technical support needed without any hesitation!" Harry Potter finally said, "This is my last suggestion. Otherwise, I will exercise the right to vote and see who gets more votes!"
When Harry Potter said this, the others naturally had nothing to say. Since Qualcomm itself did not need to pay a penny, and only needed to provide some ability and technical help, it did not matter.
In fact, the company was feeling a little bloated. Many people were now a little burdensome, but it was not good to fire them directly. Now that they were directly thrown to the new company, it could be regarded as solving a big problem of the company.
In this way, the management of Qualcomm and Harry Potter quickly reached an agreement. After a week, Qualcomm Network Communication Company was officially established in the United States. At the same time, it became the third network communication company in the United States.
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