Many large Japanese electronics companies have chosen to cooperate with major foreign microcontroller chip manufacturers. After all, microcontrollers have their own operating systems, and even if they don't, they can use software to write systems suitable for their machines.

Fujitsu chose the younger Qualcomm.

Only NEC sent people to Hong Kong to contact Huahong Technology, wanting to purchase the original ARM core and requesting an integrated hardware description of the ARM core, including complete software development tools such as compilers, debuggers, and SDKs.

Although the rice uses Loongson chips, insiders still believe it primarily uses the ARM core. No matter how it changes, it can never escape the influence of ARM.

In fact, ARM has influenced many famous chips. Basically, all mobile chips in the world are related to ARM. Even the mobile phones we use now, whether they are Apple's A series, Snapdragon series, or MediaTek, all have the same ancestor.

NEC's requirements were simple: develop an ARM-based system based on the several models of microcontroller chips they manufactured, and then license them to further process the chips on this system.

To put it simply, the goal is for Huahong Technology to create a system template so that NEC can upgrade the system accordingly in the future.

Upon receiving the report from Hong Kong, Xing Baohua agreed without hesitation and provided two requests: one was a one-time system buyout worth 300 million US dollars.

The second option is to not only design the system for them, but also cover all future upgrades, with a licensing fee of $1 per system used.

Huahong assigns a serial number to each system and pays NEC based on the serial number purchased.

Well, they learned about electronic serial numbers from Microsoft later on.

Subsequently, NEC's representative in Hong Kong proposed a one-time buyout, asking if the price could be lowered.

The final transaction was completed for 260 million yuan, with Huahong Group CEO Huang Xingyao signing the agreement on behalf of Xing Baohua.

After the collapse of the Huaba financial scandal, the Japanese were left with a mountain of debt. The amount of over 100 billion US dollars may not seem like much, but it set back their overall economy by several years. There was also a side effect of the shopping frenzy: an oversupply of consumer goods.

Seeing which products are in the highest demand and sell the fastest, many businesses have been asking factories or the places of origin to purchase them in large quantities.

Product surplus can lead to a series of chain reactions, and from an economic point of view, the consequences are very serious.

First of all, overproduction is a major factor leading to economic crises. Once this problem occurs, a major economic crisis is inevitable.

The second most obvious effect is deflation. This means that when people's purchasing power decreases, fewer people buy, leading to price drops, and so on.

The impact on the consumer market has led to a large backlog of goods at the factory level, resulting in unsold inventory, no orders, and ultimately, layoffs for businesses.

What follows is the destruction of production capacity and waste of resources, as well as corporate debt risks. Basically, all companies that can produce have debts, and these debts are the last straw that breaks the camel's back.

Anyone who understands economics knows these principles; anyone who has gone to school understands them.

But in reality, it's much more serious than what you learn from textbooks.

In a severe economic crisis, it's no less devastating than firing a nuclear bomb. Can't you see you have to queue to even go upstairs these days?

This shows that the Japanese enjoy this kind of extreme thrill, like ropeless bungee jumping.

The newly formed, makeshift leadership has been releasing a series of favorable policies, including debt relief for borrowers through their connections with banks and financial institutions.

As long as you take your Huaba account to the debtor and explain the situation, fill in some information, you can get a reduction or exemption.

While some people do borrow from legitimate institutions, over 90% of loans are obtained through gang finance companies and subprime lenders.

They'll listen to the makeshift organization and collect their fees on time. Many people who do bungee jumping without ropes are forced into it by these organizations.

Those with homes became homeless, those with cars had to walk, and some were even forced to take up businesses to pay off debts.

They use all sorts of methods to force debtors to repay their debts; only the debtors themselves know how bitter it is.

Sometimes, debtors are driven to desperation and seek mediation from the authorities. It's useless; they have formal contracts. Although the interest rates are higher, they make their living off the interest; that's their business, they're very professional, and they're not afraid of being sued. Many of the clauses are within the legal framework.

The more you play the game with others, the more severe the retaliation becomes each time you contact the authorities.

One flower bar caused serious harm to 10% of the Japanese army.

The media reports on these victims, but are the authorities actually doing anything about it? They're even using the percentage of people who jumped without ropes as an example to make the entire Japanese public feel sorry for these people.

However, this is only the tip of the iceberg of the harm caused by Huaba.

Subsequently, a large number of people lost their jobs, and more and more businesses went bankrupt. In addition, with the arrival of the economic storm, many financial companies could not withstand the risks and went bankrupt one after another.

Although the Japanese are in a sorry state, the Americans on the other side of the strait, in a place called Wall Street, are excited.

Many Wall Street firms sent their elites to visit, partly to find bargains. Many companies were experiencing declining performance and their stock prices were plummeting, making it the perfect time to buy at the bottom.

The most important thing is to come and observe, learn from the model of Huaba, and study its experience.

With a record of over 100 billion US dollars, one could be considered a leader on Wall Street, but unfortunately, we don't know who is behind it.

The Flower Bar is studied as a classic, and the more you study it, the more you realize that although it seems simple, it is actually not simple at all.

The first issue is withdrawals. The various ways to transfer funds have allowed those wolves on Wall Street to learn the essence of these methods.

The time difference and virtual trading software are the most useful tools. They can be copied in the US. You should know that a lot of the money on Wall Street is dirty money, black money, and money of dubious origin.

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