The complete reshuffling of the board of directors was exactly what Su Wu had expected.
But he didn't expect Kii Sanjo to be so impatient.
The root of all the problems lies in the volatile superconducting technology stock.
Especially when the stock price was falling, the inaction of Ruyang Technology made Mujing Sanjo even more unhappy.
This is clearly an attempt to sow discord between him and others.
After the meeting, Gao Qiang immediately went to Su Wu to report.
Su Wu neither agreed nor disagreed, saying, "Let them adjust it; we've already achieved our goal."
Gao Qiang said with a wry smile, "Boss, that's our company! You're just going to sell it like this? Superconducting Technology's market value isn't low right now."
"What's the use of market capitalization? Anything that doesn't make money is worthless. Besides, do you really think superconducting technology has any potential?" Su Wu retorted.
"There's still potential, after all, Ericsson is quite popular in China," Gao Qiang said tentatively.
Su Wu shook his head helplessly upon hearing this.
Gao Qiang is very competent as a technical manager, but he would be somewhat inadequate as a manager of a large group company.
However, Su Wu was even less capable in this regard; his skills were only good enough to make him a technical backbone.
If you're talking about hacking skills, he can confidently say he's the best at it.
But when it comes to company management and market development, he's a complete idiot.
The most valuable quality a person can have is self-awareness.
It seems he needs to find a more suitable person to manage Ruyang Technology, otherwise problems will arise sooner or later.
Thinking to himself, he slowly said, "You said it yourself, what the Chinese people recognize is Ericsson. They just take the current superconducting co-branding as an Ericsson product, and this enthusiasm won't last long."
The so-called co-branded phones are just a gimmick now; once the hype dies down, they'll be forgotten.
This is actually the key reason why Japan is so eager to take control of superconducting technology and even wants to kick Ruyang Technology out of the game.
The benefits that a joint venture can bring are ultimately limited, which is not in line with their profit-driven nature.
What they want is a domestically influential company to serve as their springboard.
That's why Kii Sanjo spent 1.5 billion to acquire the 20% stake from Su Wu; otherwise, only a fool would pay that price.
They want to capitalize on this momentum and make Superconducting Technology a complete subsidiary of Ericsson.
Although Su Wu didn't understand business, he was, after all, reborn from the future, and his experience was there for him.
What he wanted was precisely the advertising effect generated during this period, which would boost the sales of Longyao mobile phones.
Currently, due to its affordable price, Longyao mobile phone sales have increased by 50%.
This is definitely not the effect that ordinary advertising can achieve.
Next year, as domestic mobile phone brands are gradually phased out, Longyao mobile phones will inevitably become the best-selling domestic mobile phone.
With this in mind, Su Wu was confident that he could capture at least 20% of the domestic mobile phone market.
This is enough to make Longyao mobile phones a fortune.
Now that he has basically achieved his goal, the superconducting technology company has lost its final value.
His analysis enlightened Gao Qiang, causing him to frown and ponder.
"Are you saying that Ericsson had ulterior motives from the beginning? They originally wanted to acquire our company?"
"That should be the case. Anyway, their intentions are quite clear now."
"Isn't it because of our inaction in the stock market? The stock price is falling, but we haven't done anything about it."
"Tch, why should we keep investing in a company we're already planning to abandon? Isn't that just a waste of money?"
"Then should we sell our company's controlling stake as well?"
"No rush, you can stall for time. But you could release some information that the highest bidder wins."
I will definitely sell my shares in Superconducting Technologies, but the timing isn't right yet.
Ericsson isn't the only company interested in a company with such potential in the stock market.
They can simply wait for a better price and sell it; they have no trouble getting a good price.
At this stage, they can also further exploit the buzz generated by Ericsson.
However, it is clear that Gao Qiang is not up to the task, and someone else must be chosen.
After understanding Su Wu's intention, Gao Qiang brought up another matter.
"Boss, we recently acquired some technologies, although they are all component technologies, they are still quite good."
"Great, don't worry about the cost as long as it's useful to us."
"As long as you don't mind the cost. By the way, there's a very capable middleman from the US lately; apparently, he can get his hands on some high-tech stuff and even connect with some research institutions..."
"Is there really such a good thing? Then you should get in touch and learn more about the situation. If there is a good opportunity for cooperation, we will go and take a look after the New Year."
Su Wu was very happy with Gao Qiang's news.
The longer he worked in the technology field, the more he realized that a single technology was unlikely to thrive in the current environment.
He needs his own industrial chain to drive everything forward.
Otherwise, if he just waits like this, it's like he's holding a mountain of gold and dozing off.
The news about Gao Qiang was undoubtedly a shot in the arm for him, how could he not be happy?
He thought for a moment and said, "Currently, what we lack most is some peripheral technologies that are compatible with high-end chips. You can consider this direction and not waste our own advantages."
"No problem. Our chip production capabilities are now no worse than those of those international giants, but unfortunately no one recognizes their value."
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
