Those present were secretly astonished to hear about such a large shareholding structure; they had only raised funds from Hong Kong once, and the other party had taken away 82% of the shares.
It's not that they lack ability, it's just that their factory is too small, so they can't inflate their valuation even if they want to.
“We need to hurry this year. Anyway, this domestic behemoth is coming, and it’s huge for us, at least.” Xu Lihua said calmly, “I’ll say it again: I can’t stand Motorola’s rampant behavior in China. There should be Chinese people involved in the pager industry.”
"We founded Bird with this belief in the first place. Anyway, it doesn't matter who hits Motorola. If Jiafeng can go up and beat them up, I'd be happy to see it happen."
"I'm afraid that after they beat up Motorola, they'll turn around and deal with us. I heard from some friends in the home appliance industry that Lu Feng is quite an interesting person if he's not in his own industry. He'll hold meetings and curse at people he doesn't get along with, and he'll even hit people. They say in private that this is the lowest level of professionalism in the industry. He doesn't care about saving face. He's always been a man of his own."
Seeing that everyone was having a great time chatting, especially about Lu Feng's affairs, which were full of gossip, Xu Lihua quickly changed the subject and said, "What you're meant to encounter can't be avoided. Just focus on doing your own thing."
Inside the Motorola branch office in Beijing.
“Now that Bird has received financing and technical support, the first batch of products will be available next spring. They are very competitive with low prices. Moreover, Jiafeng Electronics has also announced its entry into the pager field, with Chairman Lu Feng personally in charge.” A man in his fifties said while flipping through the reports, “I still suggest that headquarters move the production line here to expand production and lower prices.”
Seated at the head of the table was a man in his forties from Japan, with a translator beside him who was speaking in a lot of gibberish. The translator frowned slightly, glanced at the report in front of him, and began to speak in gibberish as well.
“Currently, the mainland market doesn’t have that much space. Bird has a certain appeal in the market by using low prices, but I think they still don’t have much competitiveness in terms of manufacturing process and product quality. Higher product prices are a good thing, and imports are also more beneficial to consumers in the current mainland market,” the translator said.
Jiro Nakata glanced at the relevant information about Jiafeng Electronics, but didn't take it to heart at all. He smiled dismissively and said, "As for Jiafeng Electronics, it's just a home appliance company. It's a pipe dream to think it can quickly enter the communications industry. It's not worth mentioning."
“Jiafeng Electronics is a rather special company, especially Lu Feng. I still think it would be better to write a detailed market report and submit it to headquarters,” said General Manager Fei Jian.
"ONONON." Nakata Jiro shook his head repeatedly and said, "This is my business, you don't need to worry about it. Just do your job. If there are problems in the mainland market, I'm in charge, understand? Also, even if Jiafeng Electronics has the technology, can it be better than ours?"
Everyone present nodded in agreement. No matter how strong Jiafeng Electronics' products and brand were, they could never be as good as Motorola. That was an indisputable fact.
Jiro Nakata was just a junior vice president in a second-level department at headquarters. Sending someone like that didn't show much interest in the mainland market; he was mainly responsible for sales.
People don't even give waveguides a second glance, let alone Jiafeng Electronics, which is currently empty-handed.
There are only a handful of related R&D companies and laboratories internationally, and only one of them is being considered for sale: the R&D Lab in Sweden, an overseas R&D company under the ROHM Semiconductor Group.
This research and development company was founded in 1982. It was an exploratory laboratory composed of six companies, mainly focusing on signal transmission, compilation, and chip technology. However, five of them have withdrawn, and it is now wholly owned by ROHM. The technology research and development stopped three years ago, and all the R&D personnel were withdrawn, leaving only an empty shell and a bunch of outdated technology patents.
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