sinovels Chapter 275 Blue Star Electronics Is Short Of Money
Chapter 275 Blue Star Electronics Is Short Of Money
the other side.
Lu Yi came to Blue Star Electronics.
The problem of mobile phone glass covers has been solved, and a long-term strategic cooperation agreement has been reached with Corning. Both parties have invested 20 million meters each to build a joint venture factory in Sioux City.
Two months ago, Corning Vice President Mohammed Hebrew led a team to Sioux City for an on-site inspection and was very satisfied with the conditions in all aspects.
now.
The joint venture to build a factory has officially begun, and the groundbreaking ceremony is scheduled for three days.
Blue Star Electronics, Corning and the city government will send people to attend the groundbreaking ceremony.
As for Liang Mengsong's problem, it has already been completely resolved.
As for Semiconductor Manufacturing Co., Ltd., it is now taking the time to fully understand the 45-nanometer semiconductor process developed by Blue Star Electronics.
It is developing secretly, and when Intel and other companies react, it will become a blockbuster.
certainly.
Blue Star Electronics has also reached a cooperation with Semiconductor Manufacturing Co., Ltd., and the future "Kunlun core" will be manufactured by Semiconductor Semiconductor Manufacturing Co., Ltd.
As for other "960" parts, such as batteries, they are from your time.
Each project team, with the strong support of manpower and material resources, has made very rapid progress.
"Come in.
Lu Yi, who was working on documents in the CEO office of Blue Star Electronics, put down his pen when he heard a knock on the door.
Liu Hong opened the door and walked in.
"Da Liu, what's the matter?" Lu Yi asked with a smile.
Liu Hong sighed and said: "Fourth Brother, our company currently has less than 500 million left in its account."
Lu Yi originally transferred 10% of Future Technology's equity to cash in 500 million yuan, all of which was invested in Blue Star Electronics, equivalent to 4 billion yuan.
It has been almost a year since Blue Star Electronics was established.
During this period, it acquired Reed Unlimited, reached a cooperation with Gaotong, established a joint venture with Corning, and recruited a large number of technical engineers, technical experts, etc.
It can be said that money is spent like water.
Even if Liu Hong is very careful about his budget, he will increase revenue and reduce expenditure in various ways.
In less than a year, 3.9 billion yuan was spent directly.
It can be said that money is burned like running water.
No wonder when Lu Yi announced his intention to enter the ICT industry, everyone was not optimistic about it.
Only after he truly entered this field did Liu Hong truly understand that if he wanted to play in the ICT industry, having money was the first factor.
Without money, even if you have all kinds of talents, you can't do it at all.
Don't look at it as if there is still a lot of 500 million yuan on the account.
But if you calculate it, you will know that Blue Star Electronics' current monthly expenditure is close to 300 million.
And because you have to purchase various parts and components, the subsequent expenditure will only be more.
The remaining 500 million on the account can barely last until next month.
This is why he came to see Lu Yi today.
If Lu Yi cannot get the money, Blue Star Electronics will probably cease operations next month.
"No money!"
Lu Yi was surprised when he heard this.
Liu Hong nodded, took out a financial report, and said: "Here, this is the monthly financial expenditure. The average monthly expenditure is nearly 300 million. However, we will have to purchase a lot of spare parts later, and the expenditure will be It will only increase and not decrease.”
Lu Yi took the financial statements and took a look at them.
He usually doesn't pay attention to finance, and always focuses on technological research and development breakthroughs in customer projects.
After reading it, Lu Yi pinched his eyebrows and felt a little worried.
ICT is really expensive.
500 million meters of gold is enough to last a year.
and.
The company is still in its infancy and has not yet embarked on the path of expansion, so spending money is just like water.
Later, I am afraid that even 1 billion meters of gold a year may not be enough.
Lu Yi knows very well how expensive it is to engage in high-tech technology.
For example, the flower factory invests 15% of its annual sales in technology research and development every year.
In his previous life, Lu Yi saw a report about the flower factory's investment in research and development, which was written into an equation.
The total R&D expenditure of the flower factory = 1.66 billion euros from Qiandu + 1.59 billion euros from Longguo Construction + 1.58 billion euros from Longguo Petroleum + 1.34 billion euros from Longguo CRRC + 1.42 billion euros from Longguo Railway + 1.42 billion euros from Longguo Railway 1.33 billion euros + 970 million euros from Lianxiang + 1.10 billion euros from Longguo Communications + 970 million euros from Longguo Power Construction + 820 million euros from Sinopec.
The flower factory invests more in R&D than the above companies combined.
Flower factories invest tens of billions and nearly hundreds of billions in research and development every year, and they are increasing every year.
This is also the reason why the flower factory can maintain the world's leading position in the field of communications and is choked by the jealousy of Lao Mi.
The flower factory invests so much research and development funds. If the flower factory fails, who will succeed?
"Fourth, what should we do now?"
"The funds on the books can last for up to two months."
Lu Yi nodded, indicating that he understood.
"This is indeed a headache."
"The research and development progress of each project team requires sufficient funds to maintain the research and development progress. You must not stop here."
"As for the money, I'll just figure it out."
Lu Yi said.
Liu Hong looked at Lu Yi and said, "What can you do? You don't want to transfer the equity of Future Group again, do you?"
Lu Yi shook his head directly: "The equity of Future Group will definitely not be transferred. I am not stupid."
Now Future Group is already going through the IPO process...
According to Lu Yi's estimate, if nothing unexpected happens, Future Group will land on the Nasdaq in the United States as early as June this year.
It would be crazy to transfer the shares of Future Group before going public.
If this news gets out, those investors will laugh crazy.
Liu Hong asked: "If you don't transfer the equity, where will you get the money? Financing?"
Financing is the only way Liu Hong can think of now.
Just like when Future Technology had no money, it accepted investment from the outside, and then it overcame the difficulties, and then soared into the future group.
But for Blue Star Electronics, Lu Yi personally told him that it would not raise external financing.
Again.
Even if Lu Yi changes his mind and is willing to accept investment from investment institutions.
Blue Star Electronics' behavior of spending money like water may directly scare away investors.
after all.
Blue Star Electronics is not future technology.
No one dares to guarantee whether Blue Star Electronics can make a name for itself in the ICT industry.
Unlike Future Technology, because it is supported by user traffic, investors have confidence that as long as the traffic of Xiaonei Network is realized, at worst, their investment will not lose money.
But it is not necessarily the case on Blue Star Electronics.
Why?
First, the outside world was not optimistic about Lu Yi's entry into the ICT industry.
Nowadays, none of the big brothers in the ICT industry has a history of more than ten or twenty years and has a profound foundation.
On the other hand, look at Blue Star Electronics.
What's there?
Apart from people and a little money, there is nothing else.
Bluestar Electronics wants to launch an attack on the three giants of Nokia, Motorola, and Ericsson in the mobile phone industry. It is just a dream of 1.6.
The second is that even if Lu Yi informs investors about the concept of smart phones, investors will only think that Lu Yi is crazy.
One step ahead of others, you are a genius.
If you are three steps ahead of others, you are crazy.
Investors are not stupid, how can they play with a madman.
and.
The ICT industry is still a huge money-burning industry.
Even if you invest tens or tens of billions, you may not be able to make a splash.
so.
Liu Hong thought for a long time and couldn't think of any other way for Lu Yi to get money for Blue Star Electronics besides transferring his shares of Future Group.
Although Future Group has abundant liquidity, it is impossible for Lu Yi to use Future Group's funds to fill the hole in Blue Star Electronics.
Even if the boss behind the two companies is the same person, it is impossible to do this.
Because Future Group’s money is not Lu Yi’s money alone.
Moved.
That is legally responsible!
A person who embezzles public funds cannot escape. .