Chapter 456 Buying Bonds
Xing Baohua tactfully stated that China's rice industry is not yet capable of establishing factories and branches overseas.
However, Indian officials stated that as long as Xing Baohua brought rice, they were willing to help him with everything from loans and construction to employee training.
It was emphasized that all loans are interest-free.
Look at how big the discounts are, designed to rip people off! Loans have to be repaid, and once all the loans are paid off, that'll probably be the time to fleece them.
Xing Baohua still indicated tactfully that there was currently nothing that could be done about rice, and that they might have to wait a few years before investing in India.
Actually, this guy really wanted to arrogantly refuse the other party, but considering that he still had to trick Third Brother, he had to get the other party to sign the order contract before thinking about the future.
If he refuses readily, and Third Brother feels it's inappropriate to cheat Xing Baohua out of this, it's not impossible that he could use the high deposit as an excuse to withdraw everything.
With such a large investment in hand, if those Indians feel the overall return is right, they'll just suffer a slight loss and throw in an extra deposit.
In our parlance, you can't catch a wolf without risking your cub.
After politely seeing off the Indian officials, he turned around and told Yu Shenghai that he must maintain the bottom line of a 30% deposit.
If they can't reach an agreement, just keep it hanging; they're not the ones in a hurry anyway.
We have distributors in the Indian region who, although they order small quantities, always pay in full. Should we put some pressure on them too?
So I called the foreign trade department of Dami Technology to inform the third-party distributor that someone wanted to take over their agency. It was some kind of official who personally led the team; they had names and positions listed.
If they investigate over there, they'll probably find out very quickly.
In India, those who can do foreign trade are mostly large family businesses. Moreover, the gap between the rich and poor there is huge, very obvious.
The poor remain poor, and the rich remain rich. Even if a poor person becomes wealthy through business, they will eventually become rich themselves.
Let the agents over there spread the word and let them do whatever they want!
Don't expect the Indian market to bring you much sales during this period.
Shortly after returning to his office, he received a call from the lab, saying that IBM's technical director in Hong Kong needed to speak with him and asked whether Xing Baohua should come over or have someone from IBM go to his office.
"What's the matter?" Xing Baohua asked. If it didn't involve technical issues, he would have the other party come to his office.
"They seem to have sent a micro hard drive. They didn't mention the data?" someone in the lab said.
"Oh! Okay, I'll be there in a bit." Xing Baohua hung up the phone, tidied up the materials on his desk, and then called the secretariat to take away the documents he had signed.
A few years ago, Xing Baohua placed an order for a micro hard drive with Seagate. They said, "If they don't have one, they can make one!" They've already paid the testing fees, but haven't seen a sample yet.
I mentioned it to IBM later, and it turned out that the first micro hard drive they developed had already been successfully tested, and they even brought samples over to show them to them.
If micro hard drives aren't too expensive, that would be a huge opportunity for Xing Baohua.
Of course, you also need to consider the capacity, as capacity represents price.
Only when the price is right and the produced electronic products are affordable can the mobile video and audio electronic version 1.0 era usher in an explosion.
Not only did they benefit from the hardware, but they also spurred the development of more peripheral software.
I arrived at the software park in a very good mood, only to find that the micro hard drive provided by IBM was no bigger than a coin.
The thickness is about five or six centimeters.
The capacity is available in four sizes: 128M, 256M, 512M and 2Gb.
The prices are $280, $460, $800, and $1260.
It's really not cheap. I knew it would be expensive, but I didn't expect it to be this expensive.
Since micro hard drives have been developed, let's get a few.
Despite IBM's strong R&D capabilities, the quality of its hard drives has always been a source of criticism.
You could say he's very professional, he's a top expert in the industry. But you could also say he's unprofessional, he gets so angry about quality that his back teeth ache.
Hard drive failure rates are also extremely high. If other things break down, they can be repaired and still be used. But hard drives contain a lot of data. If there's important data that can't be recovered, it'll drive you crazy.
Xing Baohua had no choice but to use IBM. Before using their micro hard drives, he had to give them the raw data of the logic chips.
This is for easy hard drive repair.
If a hard drive fails, it's either because the read/write head is broken or the logical data is lost.
However, most of the time it's the read/write head that's broken, caused by impacts and drops. This can easily bend or deform the capillary needles inside the read/write head, resulting in permanent bad sectors on the disk.
Once physical damage occurs, it is truly irreparable.
Replacing the magnetic head requires replacing the logic chip.
Therefore, repairing a hard drive is also very complex. It's not difficult for those who know how, but it requires the use of professional recovery software to read the information from the hard drive.
Replacing the read/write head is considered a disk opening repair. It's definitely not as simple as you might imagine; it's akin to major surgery.
Find the cause, replace the hardware, and then use software to recover the data. Hard drive repair is generally quite expensive, sometimes several times the price of a new drive. After all, data is priceless; if you had to assign a value, it would be several times the price of the hard drive itself.
IBM reserved a dozen or so micro hard drives for each capacity for Xing Baohua to test.
Now the hardware team has a job to do.
First, modify the tablet, then modify the high-end laptop. Next, tailor-make an MP3 player based on the hard drive size.
Xing Baohua personally supervised the operation and offered some guidance and suggestions, but he got a headache again while giving advice.
The key issue is that mechanical hard drives are susceptible to damage from bumps and drops!
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