"We can't expect others to fetch water for us. I hope that after joining the R&D company, everyone can showcase their skills, shine in their positions, and revitalize the domestic electronics industry." Lu Feng said to everyone, "On a grand scale, we can contribute to the country's development; on a smaller scale, we can contribute to the company; and from a personal perspective, we can strive for higher goals, make the most of our lives, and earn money so that everyone can live a good life."
"Mr. Lu, you're absolutely right!" Liu Tianpeng was the first to applaud, and a round of applause followed.
"Alright, that's all for now, everyone get back to work." Lu Feng finished speaking, turned around and left. Liu Cheng waved for them to sit down, then turned around and followed Lu Feng.
"This Liu Tianpeng is indeed slick. Mr. Lu, where do you think would be a suitable place for someone like him?" Liu Cheng asked.
"It would be most suitable to arrange it in someone else's company!" Lu Feng said and strode away.
General Manager Liu stopped and looked at Lu Feng's back. He already understood that Lu Feng looked down on this kind of person. He stepped into the human resources department and asked, "Is General Manager Liu here?"
"Mr. Liu has gone out. What can I do for you?" A woman in her thirties stood up and asked.
"I need to arrange something. There's an intern in the internship department. Find a reason to fire him in the next couple of days. His name is Liu Tianpeng," General Manager Liu instructed.
The woman paused for a moment, wondering how an intern could have offended President Liu. Nevertheless, she nodded in agreement. Liu Cheng turned and walked out. The people in the office exchanged glances, unable to imagine how an intern could have displeased President Liu.
Back in his office, Lu Feng sat down at the coffee table and poured himself a glass of water. Seeing Liu Cheng return, he said, "Do you have the recent reports? Also, the internship rules need to be revised. Let the HR department handle the allocation. At the same time, we need to give preference to the salaries of frontline R&D personnel, and also tilt the equity incentives towards the R&D frontline."
"I'll call a meeting with HR in a bit; we need to redeploy resources in this area." Liu Cheng picked up a few folders from the table and placed them in front of Lu Feng, saying, "These are the latest financial statements. There's not much money left in the books, and in the long term, we still have a deficit of tens of millions."
Lu Feng opened the folder and glanced at it. Some of the collaborative projects would require significant investment next year. The reason why this year's breakthroughs were so frequent and rapid was mainly due to the large amount of money invested.
In addition to multiple overseas laboratories, Liucheng has also invested in seven private testing institutes for electronic engineers. These prominent figures are project chief engineers or second-in-commands of large companies such as Samsung, Sony, and Motorola.
They set up a private laboratory outside. After Liu Cheng found a way, he invested money in this laboratory. With enough money, they would come and give guidance on some key research and development stages.
Technology is highly time-sensitive. Cutting-edge technology will never be leaked. The key is that technologies that can be mass-produced and sold all over the world are things that have been in the research lab for more than a decade.
For businesses, this technology is already considered a monetization technology; once it is iterated upon, it immediately becomes an obsolete technology.
The difference between Jiafeng R&D Company and these companies is not just technology, but also foundation and accumulation. Liu Cheng knew what Lu Feng wanted and sighed, "This cannot be accomplished in a short time. It takes more than ten years, or even half a century, of accumulation for a research and development company with core technology to become an industry leader."
Lu Feng nodded to indicate that he understood. He could buy anything, but technology was something he couldn't buy.
“I’ve been thinking about this recently. There’s a way to strengthen our foundation in a short period of time,” Liu Cheng said earnestly.
"What method?"
“Acquisition! Acquire some companies with technology patents from abroad and then absorb the technology. That’s the fastest way.” Liu Cheng smiled bitterly and said, “But that’s not really a solution. It’s too expensive. Even a decent company costs hundreds of millions of US dollars.”
Hundreds of millions of US dollars?
Lu Feng shook his head helplessly and said, "In the end, it's still because we're poor. Let's not talk about that for now. Can we even look at the new products?"
"There are only some parts, but we have the blueprints. Would you like to take a look at the exterior design?" Liu Cheng stood up to get the blueprints and said, "The design department has made six exterior designs, and they are discussing them these days."
"I'm not going to look at it anymore. We'll see the overall picture later and change it if anything is not suitable." Lu Feng stood up, looking a little tired, and said, "Book me a flight to Suzhou for tomorrow. The company's overall situation this year is very good. There have been basically no external investments, and I haven't been messing around either, so next year's budget will be more than enough. Don't worry, I can afford to support you!"
Liu Cheng laughed somewhat embarrassedly and said, "To be honest, I really don't dare to face President Zhu right now. The last time we met, he teased me, saying that I'm the company's daughter, pampered and spoiled, while the rest of them are all silly boys who have been sent out to make money."
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