As a competitor, Su Yehao naturally needed to understand Xiaolingtong (Personal Handy-phone System).

To put it bluntly, this thing was just a cordless landline. The only difference was whether it used telephone lines or cellular base stations.

Aside from poor signal and small coverage area, the only advantage was probably the cheap call rates and relatively low cost of entry.

However, its technology itself had many flaws. Even indoors, with only a thin layer of glass, the call quality would be noticeably affected. It was a technology that hadn't become popular in Japan and was almost thrown into the trash, with obvious drawbacks.

Therefore, people outside even made up some doggerel.

For example, "Holding Xiaolingtong, standing in the wind and rain, switching from the left hand to the right, but still can't get through," or "Wai Wai Cao" and the like.

The so-called Wai Wai Cao.

It meant "Wai? Wai? Cao! (Hello? Hello? Damn!)," easy to understand and incisive.

Standing next to Su Yehao, even the superyacht seemed to pale in comparison.

Because a big toy like this, with Su Yehao's total net worth, he could buy more than a hundred, and maybe put together two hundred with lower mass production costs.

Vice President Xie only felt a great sense of pressure. Although he looked like a young and handsome lad on the surface, his boss controlled astonishing resources.

You should know that last year, Pengcheng's GDP was only about 300 billion RMB, which was about 70% or 80% of Su Yehao's net worth.

Ordinary people might just watch the fun and make a few jokes before moving on.

However, the more business people were, the more they could sense Su Yehao's terror. Legends about him filled the world, making him seem unattainable and exuding extravagance.

From any point of view, Su Yehao had almost reached the extreme that a businessman could achieve. He had even bought one-third of the Three Gorges Dam, so he had recently begun to be jokingly called "the god of wealth's own son" by mainland netizens, capable of making money even while eating and drinking.

This was indeed the case.

Nongfu Sanquan (agriculturalist three fists) selling water, sold especially well and had begun to develop into other beverage industries, acquiring several companies in succession. Many capitals were scrambling to invest in it.

Since the beginning of this year, there had even been rumors that Su Yehao wanted to swallow Want Want Group of Treasure Island through it, with the small eating the big. This company had a total revenue of 3 billion RMB last year and had been listed on the Singapore Exchange with a total market value of about 7 billion Hong Kong dollars.

He didn't personally intervene in this acquisition case.

In February of this year, someone from the assistant's office submitted a document proposing the acquisition of Want Want Holdings. Su Yehao only expressed his approval and, by the way, had Linda Yun go out and buy some snow crackers, senbei rice crackers, and Want Want Milk, suddenly feeling a bit hungry.

If he did everything himself, his personal life would be squeezed dry.

Occasionally, looking at documents and keeping an eye on things was enough. After several years of development, the family office was relatively complete, whether it was the management department, the decision-making department, or the supervisory department.

His business mainly focused on new companies, and there weren't so many corporate ills in big companies yet.

In addition, the investigation and rectification work, which had become almost routine two or three times a year, coupled with a sound internal risk control reporting system, had already sent many mid-to-high-level managers who had gone too far to jail. Such things were difficult to completely avoid...

Continuing to walk from the Kai Tak Cruise Terminal towards the Kai Tak · Four Seas Shopping Center.

Su Yehao was walking with his hands behind his back, saying:

"I remember a few years ago, when Mobile and Telecom split up, Mobile got the mobile phone communication business, and its development was very good. And Telecom could only stare blankly in the landline field, so it had no choice but to find a way to develop Xiaolingtong, bypassing the restrictions of the wireless communication license."

"Currently, Telecom also has a license, but they've already put so much money into Xiaolingtong infrastructure, and it's basically completed. So I estimate that after they take the opportunity to make money for another year or two, and recover their investment with profit, they will take advantage of the situation to transition to normal 2g and 3g communication businesses."

"Xiaolingtong users are mainly those who have never used mobile phones. When they slowly discover the obvious drawbacks, and their income continues to increase, it's only a matter of time before they choose to buy mobile phones. This is equivalent to helping us cultivate potential consumers. Black Diamond mobile phones can continue to try price wars, and we must ensure product quality..."

The big boss was talking, how dare Vice President Xie interrupt.

Only after Su Yehao finished speaking did Vice President Xie tentatively ask:

"Continue to push the price down? At this rate, our company will really have no profit, and we can only launch contract phones in cooperation with telecom operators. The R&D investment is so high, and the accounts are likely to be in the red."

Su Yehao shook his head and said:

"I mean launching a low-end mobile phone. We don't need any fancy full keyboards, sliders, or flip phones. It should be sturdy and durable, and able to make calls and send messages, to further lower the threshold. Other brands are putting on airs, trying to ensure high returns, but I don't plan to make money through Black Diamond mobile phones for the time being. Just like you think Xiaolingtong is a transitional product, in my opinion, current mobile phones are the same. Sooner or later, they will be thrown into the trash."

Vice President Xie graduated from the Business School of the University of London in the United Kingdom.

He had also been a representative and discussed the issue of co-developing a research laboratory with the representative team of Apple.

However, the management of the R&D laboratory was directly assigned by Su Yehao's assistant office, and it had little to do with Black Diamond mobile phones.

Considering that there would definitely not be only the Apple operating system on the market in the future, Su Yehao deliberately separated Black Diamond mobile phones from Apple Smart Company, so that he would have the opportunity to bet on both sides in the future, to avoid hanging himself on one tree.

Vice President Xie more or less understood what kind of product Su Yehao wanted.

In his opinion, if a functional handheld computer was really developed, all the mobile phones on the market today could indeed be thrown into the trash. He smiled and echoed:

"Nokia's Symbian operating system is like changing the soup but not the medicine, far from Mr. Su's idea... perfect. I heard that the new microprocessors are particularly powerful, and there have been breakthroughs in LCD screens and batteries. The American Apple company is an expert in operating systems. If these are all integrated together, it will definitely be able to make amazing products."

Su Yehao had heard too much flattery, and he walked forward and said:

"Promoting extremely cost-effective mobile phones now is just to let customers understand our products, and try to increase market share as much as possible. Even if we only retain a part of the customers in the future, it will be enough for us to win the first opportunity, and that is a really good business. The company's money should be invested in R&D, talent, and assembly and production technology. I need a super factory with strong overall production capacity. Next, I may let you cooperate with Huang Diamond computers to separate the production link from R&D management. When the time comes, you place orders, and the factory is responsible for overall procurement and centralized production, which is more efficient."

In the future, someone would even dare to publicly say that he was giving food to the mainland, and his confidence came from providing a huge number of jobs.

After witnessing how shameless the old Americans were in later generations, they did not hesitate to violate the rules and overturn the entire table, and did everything possible to suppress competitors.

This impression had long broken Su Yehao's trust in the global division of labor and collaboration model.

He preferred to build a complete industrial chain in advance, and at least firmly grasp some core links in his own hands.

Since there was still time, and there was sufficient funds and resources, he might as well try to smash Foxconn's job, and by the way, ensure supply chain security and enhance his own influence.

Vice President Xie didn't know what Su Yehao was thinking. He only thought it was to reduce costs, and turned to ask how the subsequent R&D work of Black Diamond mobile phones should be done.

What else could be done? Just change the soup but not the medicine every time, and let people find that there was progress.

Dumbphones had only risen for a few years before quickly becoming a sunset industry. Black Diamond mobile phones could neither make money through widespread brand premium like Nokia and Motorola.

In addition, part of the profits were divided by suppliers such as Qualcomm and Sharp, which prompted Su Yehao to break the pot and give up, only seeking to break even, and trying to improve the brand image and market share first, which was equivalent to losing money to make a splash...