Although the atmosphere in the room was relaxed, the reality was not as simple as they made it out to be.
Putting aside the technical costs, their phones cost around 300 yuan each.
Furthermore, several supporting small production lines need to be built, which requires another considerable investment.
After the meeting ended, Su Wu's excitement also subsided.
Looking at the vast park, he suddenly realized that he was trapped in a terrible cycle.
In order to make more money, he started investing recklessly from some point onwards, and couldn't stop.
As a result, I didn't earn much money, but I spent more and more.
This made him lament, "Why is it so difficult to make money through legitimate means?"
Money is hard to earn, and life is tough, yet we still have to work as hard as if we're constipated every day.
Starting a business is truly not easy; one should cherish every step of the way.
After his initial impressions, Su Wu suddenly felt that such a large industrial park was no longer appealing.
At this moment, the industrial park is like a money-devouring beast, waiting for him to feed it at any time.
He doesn't need to worry about other things, but the design and programming of the phone are inseparable from him.
It's not that he looks down on his subordinates; it's entirely a matter of perception.
What decent cell phone could those rotten potatoes and stinky bird eggs under his command possibly produce?
At most, they just imitate those big brands and make slight modifications.
Having lived through the ages, Su Wu knew that the appearance of a mobile phone was crucial for it to sell well.
Although he doesn't have a background in modeling and design, he can still draw a rough sketch.
As for the phone's apps, they were much simpler for him.
Although he can't create something as revolutionary as the Fruit Program right now, he doesn't need it either.
Current mobile apps are far too simple.
After several days and nights of racking his brains, Su Wu finally produced several relatively satisfactory sketches.
He got one of each of the various cover types: flip, slider, swivel, and candybar.
A small, exquisite, and unique design can often make a mobile phone stand out, especially among young people.
Therefore, in addition to the phone's appearance, Su Wu also emphasized the color of the phone's casing.
Besides the classic black, white, and gray, he hopes that Gao Qiang's team can come up with a few more colors.
And phone cases, those are a killer weapon.
This not only increases the variety of choices for users, but also generates a considerable amount of revenue from related merchandise.
Moreover, at this time, a beautiful phone case will definitely catch people's eye.
When he handed the sketches and these concepts to Gao Qiang and the others, everyone was shocked once again.
Advanced ideas always inspire people to think and follow them.
Gao Qiang and the others immediately launched into a heated discussion.
The result was obvious: they were captivated by Su Wu's boundless imagination.
However, this will require a significant investment.
The improvement of the relevant production equipment takes time, which gives Su Wu enough time for program design.
Su Wu didn't hesitate either. After spending some money to buy a piece of code on the dark web, he began to compile it according to his own ideas.
And so, Su Wu found himself with some peace and quiet.
I've finally settled into a relatively normal life, spending my days coding and attending classes.
Unfortunately, his good fortune didn't last long. Half a month later, he received a call from Gao Qiang.
"President Su, all the production equipment has arrived. We spent 20 million yuan. Next is the procurement of raw materials. How much do you think is appropriate?"
How much does it cost to produce the components needed to manufacture a mobile phone?
"According to your requirements, excluding the outer shell and phone case, the cost is approximately 100."
"So what is the cost of producing a mobile phone now?"
"Depending on the model, the price ranges from approximately 220 to 580. Candybar phones are the cheapest, while others are more expensive. Of course, if you want a higher-end model, the cost may be even higher."
As Su Wu listened to Gao Qiang's report, his brows furrowed deeply.
That's all money!
The cost they're talking about doesn't even include the casing.
In order to produce finished mobile phones as soon as possible, Su Wu planned to outsource the casing.
After all, setting up a casting production line is time-consuming and labor-intensive.
This isn't some small workshop; it's a relatively large production line.
Based on this calculation, the cost for him to produce one mobile phone is approximately 240-650.
In terms of performance, it is at least on par with current international brands.
If we take into account the application of advanced chips, then it needs to be even better in terms of processing speed, sound quality, and storage capacity.
After all, if ordinary chips are used, the cost would be even lower.
Even so, the cheapest candybar phone he produces still costs significantly less than counterfeit phones.
The cost for them to produce one unit is around 300, since they are all purchased parts.
Thinking it over, Su Wu felt he couldn't be stingy; he had to make sure there was enough raw material.
He gritted his teeth and said, "Then let's prepare according to the budget of 10 million."
"Okay, Mr. Su, but we're probably facing a tight cash flow situation right now."
Gao Qiang agreed readily, but didn't forget to remind him.
Upon hearing this, Su Wu's lips twitched involuntarily.
With a guarantee of 50 million yuan, they were already in dire need of funds before they had even done anything.
If he continues to invest, he'll likely be burdened with new debts before he's even finished paying off his old ones.
However, the things that need to be done still need to be done, otherwise all the initial investment will be wasted.
"I understand. You guys get ready first, I'll go and take care of the working capital issue."
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com
