Chapter 788 Soybean Yield of 2000 Jin per Mu? Qualcomm Acquires Uber in China! Qualcomm Quietly Falls Behind!

At the end of February, the web series "The Lost Tomb" wrapped up filming, and the number of fresh food e-commerce platforms surged. At the press conference, Jia Yi also shouted the slogan "Crush Apple".

Kuaidi Dache and Uber China have been locked in a three-month battle, burning through a total of 4 billion yuan in marketing expenses. Similar to the situation in the food delivery industry, although order volume has increased, everyone is losing money.

Especially after Ma Liyun and Chen Yansen reunited and entered a honeymoon period, Ali didn't want to waste money anymore.

Therefore, Lao Ma then persuaded Liu Zhen, president of Uber Greater China, to negotiate with Kuaidi Dache and merge through financing to share the profits of the domestic ride-hailing market.

After all, no one can withstand long-term losses!

After hanging up the phone with Ji Gang from Ali Investment Department, Cheng Weixing immediately relayed Ma Liyun's idea to Chen Yansen.

"Is Uber planning to invest in KuaiGo?"

After listening, Chen Yansen asked in a low voice.

"Yes, boss! They said the price is negotiable, and they probably want to use this negotiation to finalize the ride-hailing market structure in North America and Greater China."

Cheng Weixing explained slowly.

"Okay, I understand. You contact Ji Gang first, and I'll talk to Lao Ma in person when I go to Yanjing for a meeting in a few days."

After a moment's thought, Chen Yansen said.

In the capital market, cutthroat competition is the norm, but when it's impossible to eliminate the opponent, using equity swaps to end vicious competition is a smarter choice.

Just like in the country, Uber can't beat Kuaidi Dache.

In the North American market, it will be difficult for Kuaidi Dache to shake Uber and gain an overwhelming advantage.

Since that's the case, let's sit down and talk.

Soon, Ma Liyun received the news and immediately breathed a sigh of relief.

He invested $800 million in Uber China, and he couldn't let that money go to waste.

If Kuaidi Dache and Uber China were to join forces, they could capture almost 90% of the market share.

It is common knowledge that only monopolies can reap greater profits.

With that in mind, he picked up his phone and dialed Liu Zhen, the president of Uber China.

at the same time.

The negotiations between 58.com and Ganji.com are nearing completion, and on the afternoon of the same day, it was officially announced that the merger would be completed soon, and the new company would have a market value of over 10 billion US dollars.

Not long after, news broke that "Zhuanzhuan," a second-hand trading platform incubated internally by Pinbei, would open its download channel on March 1, covering multiple fields such as digital products, furniture, home appliances, ticketing, housing rentals, and electronic shopping cards.

This caught Yao Jinbo, who is 58, completely off guard!

Having just taken over Ganji, they were met with an even stronger competitor.

He might not have cared about other companies, but it is said that Zhuanzhuan is a new project personally led by Huang Zheng.

A person's name, a tree's shadow.

After Huang Zheng joined Pinduoduo, he transformed the company into China's number one e-commerce platform in less than three years and successfully listed it on the New York Stock Exchange with a market value of 260 billion US dollars.

It's understandable that Yao Jinbo was apprehensive.

On the other hand, Ma Liyun also had a headache.

He discovered that Zhuanzhuan was completely targeting Xianyu, but this time he learned his lesson and dared not fall out with Chen Yansen over a second-hand trading business.

At the same time.

Formerly Limin Pharmaceutical, now Orange Pharmaceutical, has launched three new products simultaneously on Pinduoduo, JD.com, and Yaomao's flagship stores: eye drops, vitamin C, and antipyretics.

The price is not high, slightly lower than that of related first-tier brands, but significantly higher than some private label products.

The product sold an astonishing 100,000 units as soon as it was launched.

For users, their trust in Orange Pharmaceuticals stems primarily from the consistently high quality and excellent after-sales service of Orange mobile phones, Tiangong chips, Orange electric vehicles, and other products.

It may seem mindless, but it is actually the reputation that Chen Yansen has built over four years with an investment of tens of billions of yuan.

In the eyes of ordinary people, products under the Senlian Group are synonymous with quality assurance, and they firmly believe that if quality problems are encountered, they can obtain corresponding compensation and the best solution.

However, for Chen Yansen, the acquisition of Limin Pharmaceutical was not for the purpose of producing these basic drugs.

His real goal was to use the R&D center of Baichen Pharmaceuticals to put into production in Luzhou a drug that could inhibit and repair nerve fibers.

Selling medicine is the most profitable business in the world, especially drugs for the most prevalent diseases.

At five o'clock sharp, Chen Yansen left work on time and took a car back to Yujing Villa.

...

...

"Super Rice 2000? The T1 generation plants can yield 1750 kg per mu?"

Inside the central government headquarters in Yanjing, Li Qingsong finished reviewing the documents compiled by his subordinates, his brows furrowing slightly, and he subconsciously pressed for an answer.

"Mr. Li, the data is accurate! The Agricultural Cooperative has obtained 10 standard plants from Orange Biotechnology, and based on the weight of the dry grains on a single plant, we have calculated the approximate yield per acre."

The subordinate immediately replied.

In fact, the technology and research and development of genetically modified rice have long been mature.

In China, there are insect-resistant genetically modified rice varieties such as Huahui 1 and Bt Shanyou 63, but so far they have only obtained biosafety certificates, proving their safety for consumption and the environment, but have not yet been approved for commercial cultivation.

Because rice is the staple food of China and even Asia, it must be treated with utmost care.

"Once he develops the T2 generation plant, we'll archive and register it. The experimental field can be approved, but the area cannot exceed 100 mu."

Li Qingsong thought for a moment and then said.

Although genetically modified rice has a high yield, its market acceptance is extremely low. It can be piloted, but it is not suitable for large-scale promotion at the moment.

He didn't quite understand why Orange Biotech didn't start with crops like soybeans, corn, cotton, and rapeseed.

These crops are mostly used as processing raw materials, such as for oil extraction, sugar production, or feed production, and are not directly sold to the market as food.

This makes it easier to promote to the outside world and reduces the obstacles encountered.

But Chen Yansen's idea was completely different!

His core objective in cultivating Super Rice 2000 was to observe the differences between C3 and C4 plants in terms of photosynthetic enzyme characteristics, photorespiration consumption, and photosynthetic efficiency, and then introduce the entire mechanism of "CO enrichment and low photorespiration" of C4 plants into C3 plants.

Technology is key; the type of C3 plant chosen is not important.

This experiment is extremely difficult. The efficient photosynthesis of C4 plants is not determined by a single gene, but is the result of the synergy of multiple genes, special leaf structure and division of cellular functions. It is equivalent to redesigning a "physiological system" for C3 plants.

What needs to be transferred is not a single gene, but the entire gene network.

More importantly, C3 plants lack the leaf structure unique to C4 plants.

However, if this pain point of C3 plants can be overcome, the market prospects will be limitless.

Soybean yields per acre may be able to rise from the current 200 to 300 kilograms to 1,000 kilograms, comparable to corn yields.

Chen Yansen's ability to increase rice yield to 1750 kilograms is enough to show that Orange Biotechnology has very likely mastered the entire C4 photosynthesis molecular gene transplantation technology.

Although Li Qingsong didn't understand the intricacies, the staff at the agricultural cooperative did. After sequencing the T1 grains of Super Rice 2000, they immediately discovered the anomaly and specifically noted it in their report.

"Okay, Mr. Li, I understand."

The subordinate nodded in agreement and then left the office.

After his subordinates left, Li Qingsong intended to contact the agricultural cooperative's R&D personnel to further verify his conjecture, but then he changed his mind and called Chen Yansen instead.

At this time, what Li Qingsong and the agricultural association did not know was that the biggest advantage of Super Rice 2000 was not its yield, but its taste and nutritional value.

It is rich in GABA, an active amino acid, which can slow down the rise in blood sugar, improve insulin sensitivity, and serve as a food source of gut prebiotics, helping to maintain gut health and control weight.

In addition, with an amylose content of less than 10%, the cooked rice is sticky, soft, and glossy, and retains its good softness and elasticity even after cooling.

As for the risks of gene drift, potential impacts on non-target organisms, potential resistance to target pests, and whether genetically modified rice will become a new allergen for humans, Chen Yansen had already considered these issues.

However, the laboratory environment is ultimately too monotonous to simulate the complex ecology of real farmland, which is the main reason why he insisted on cultivating the T2 generation plants in the experimental field.

...

...

On March 2, Huawei released a promotional poster for the P8 product.

To the surprise of users, Huawei did not use its own Kirin chip this time, but instead equipped it with a Tiangong A200 processor.

Following closely behind, Sansun released the Galaxy S6 and Galaxy S6 Edge, which also used the Tiangong A200 processor and adopted a dual-curved screen design.

In addition, Apple has also chosen to cooperate with Tiangong Technology to customize a 14-nanometer process processor, which it plans to use in the iPhone 6s and iPhone 6s Plus, which will be released in the second half of the year.

Suddenly, leading brands in the smartphone industry were all gravitating towards Tiangong Technology.

In contrast, Qualcomm's market share in China has shrunk by 70% due to strong pressure from Orange Technology.

In addition, the proportion of new phones equipped with Qualcomm processors is gradually declining in Europe, America, Southeast Asia and Africa.

At Qualcomm headquarters, far across the ocean, Jacob's face was ashen, his eyes fixed on the core operating metrics on the screen.

The line graph of China's market share plummeted like a cliff, with the red arrows piercing the eyes.

"The production capacity of Tiangong A200 is still ramping up, and orders from Huawei and Shanxing have been booked until the end of the year."

The marketing director's voice was hoarse as he forced himself to give the report.

While speaking, he observed Jacob's expression, fearing that the other party would take his anger out on him.

You should know that in the United States, management positions like his don't offer much security, and the boss has the right to fire people at any time.

Otherwise, the Wall Street tycoons in the movies wouldn't be saying "You are fired" so often.

Jacob leaned back in his chair, listening to his subordinates loudly reciting a series of numbers, his face growing increasingly grim and unpleasant.

It's not that he didn't try!

Two years ago, Qualcomm filed a patent lawsuit, attempting to use its patent advantage in the communications field to strangle Tiangong Technology.

However, Chen Yansen's counterattack was even more ruthless. The other party used extended patents to directly break through Qualcomm's patent barriers, causing the lawsuit to come to an end. This forced Qualcomm to open up some patent licenses in exchange for the right to cross-use patents with Tiangong Technology.

The conference room was so quiet you could hear a pin drop; only the marketing director's hoarse voice echoed.

Jacob took a deep breath, and a young figure involuntarily appeared in his mind, calmly and methodically cornering his father and the chip empire he had built.

Tiangong Technology is not only seizing market share, but also reshaping the market landscape of the entire mobile processor field.

"What about our latest Snapdragon 617? What are the test results and market feedback like?"

Jacob suddenly asked.

The marketing director gave a dry laugh and said with difficulty, "Boss, the situation is not very optimistic! Tiangong A200 adopts a more advanced architecture and process, and is comprehensively leading in performance and power consumption control."

The Snapdragon 617 has exhibited significant overheating issues under certain high-load scenarios, which has been cited by several media outlets as a negative example for comparison, thus impacting the reputation of high-end models using our chip. HTC's purchasing vice president even threatened to return the chips…

"Enough!"

Jacob slammed his hand on the table, interrupting the report.

He stood up, walked to the huge floor-to-ceiling window, and looked down at the cityscape of San Diego.

Once upon a time, Qualcomm was the king of the mobile processor industry, determining the "heart" of countless smartphones worldwide.

But now, the throne beneath his buttocks is teetering on the brink of collapse!

"We must focus all our efforts on developing the next-generation flagship chip with integrated baseband, completely redesigning the architecture and heat dissipation! At the same time, we need to reduce licensing fees for mid-to-low-end chips to stabilize our customers in Europe, America, and Southeast Asia!"

After pondering for a while, Jacob turned to his subordinates and gave them instructions.

However, his strategy was actually ineffective.

After all, in the field of high-precision chips, the technical thresholds are clearly defined; you either know it or you don't, there is no gray area.

Customers are always pragmatic; they will buy the product from whichever processor offers the best price-performance ratio, the strongest performance, and the most stable supply.

In terms of production capacity, although Star Source Technology is not yet as large as TSMC in Taiwan, its growth rate is very rapid.

More importantly, they already have their own lithography machine production line, so expanding their production capacity is not difficult.

In particular, several products in the Snapdragon 600 series have been disliked by users and mobile phone manufacturers due to overheating issues, so their current market failure is to be expected.

While the atmosphere inside Qualcomm was extremely tense, the atmosphere inside a private club in Yanjing was quite harmonious.

Chen Yansen and Ma Liyun sat facing each other, the teacups on the table steaming with wisps of white vapor.

Liu Zhen sat to the side, not saying much.

Although she is the head of Uber China, her status in the business world is far inferior to that of Chen Yansen and Ma Liyun.

Even considering family background, they are far less prominent than these two internet giants.

"President Chen, Ali has no objection to the merger of Uber and Kuaidi Dache." Ma Liyun took a sip of tea and continued in a relaxed tone, "The equity swap ratio will follow the framework we discussed before."

He never mentioned the impact of "Zhuanzhuan" on "Xianyu", as if it were just a trivial matter.

Faced with greater common interests, this competition can be temporarily set aside.

Chen Yansen smiled slightly and said, "The specific details can be handled by Cheng Weixing and Liu Zhen."

He was certainly satisfied with the outcome of the negotiations!

In any case, Kuaidi Dache holds the dominant position. Without affecting its controlling stake, Kuaidi Dache will exchange 4% of its shares for 60% of Uber China's shares.

In North America, kuaiGo will sell 30% of its shares to Uber, and in return, Uber will transfer 6% of its shares to Senlian Group.

On the surface, the two companies are still competing platforms, but their cross-shareholding creates a foundation of trust.

Going forward, both parties will significantly reduce cutthroat competition and instead join forces to cultivate the market and make money from users' pockets.

Looking at the scene before her, Liu Zhen couldn't help but sigh softly in her heart.

She thought to herself: she had just taken the position of CEO of Uber China, and in the blink of an eye she was ousted again.

The Liu family was originally very interested in the ride-hailing market and made two attempts to enter the market, but neither of them achieved the expected results.

Liu Yiqing had previously sought cooperation, but was rejected by Li Yanhong.

She was effectively kicked out of the game by Chen Yansen.

This seemingly peaceful meeting was actually fraught with undercurrents.

For Ma Liyun, this was more like a dignified exit, marking the failure of Uber's aggressive expansion strategy in China, and allowing him to enjoy the industry's benefits as a shareholder.

Three hours later, Chen Yansen left the club and returned to his hotel by car.

At the same time, his proposal to adjust individual income tax went viral online.

Raising the personal income tax threshold from 3,500 yuan to 6,000 yuan is undoubtedly good news for hundreds of millions of workers.

If it were an ordinary proposal, netizens might not have paid such close attention, but the key point is that Li Qingsong clearly expressed his agreement and support in an interview.

This is tantamount to sending a strong signal to the outside world that the adjustment of the personal income tax threshold is likely on the agenda.

"Brother Sen is awesome! I did the math, and he can save 1,740 yuan in personal income tax per year."

"Only this much? No wonder Mr. Li agreed so readily."

"Was this something that had already been researched and approved, and was brought up through Brother Sen? Or was it entirely thanks to Brother Sen?"

"Here's a little-known fact: Ms. Dong has submitted proposals related to individual income tax reform every year since 2010, and this is the fourth year in a row!"

"Really? Why hasn't the media reported on this much?"

"I'll buy a Gree air conditioner next time I need one. I have to support Sister Dong!"

"Brother Sen: So you're treating me like a clown, huh? Why don't you consider Orange Air Conditioner?"

Netizens engaged in heated discussions in the comments section, and the topic remained highly popular.

...

...

The two meetings were held as scheduled the following morning.

This is Chen Yansen's second time attending the conference. He put forward a number of targeted proposals focusing on key areas such as new energy, semiconductors, communications, waste recycling, and sanitation.

Of course, whether these proposals are ultimately adopted and implemented is beyond his control.

In any case, the core content of these proposals was already existing information from the documents he had previously compiled for Legge.

In fact, Abyssinia is already implementing this, for example, garbage collection and sanitation work have all been contracted out to the Senlian Group.

By paying locals a monthly salary of $200, one can acquire a workforce of ten hours a day for thirty consecutive days.

This is why cities like Addis Ababa and Dumka have become popular tourist destinations.

A clean and tidy urban environment can not only attract tourists, but also impress investors and retain high-quality projects.

For Chen Yansen, the more crucial gain was that in just one month, Senlian Group added 70,000 to 80,000 employees, providing another channel for obtaining humanitarian aid.

(End of this chapter)