Reborn in 1991, helping dad become the richest man

Chapter 387 Smartphone, here I come!

In March, the first thing the Tang family did was to invest in Zhang Yang's dating social networking website.

Perhaps Zhang Yang himself didn't know that he actually held a very important position in the hearts of the Tang family's father and son.

Of course, this is a secret and he will never know it in his lifetime.

On the second day, Wanhua began to distribute dividends.

Of course, it is impossible to distribute all of last year's profits. Only one-fifth will be distributed as dividends.

This is an attitude issue for shareholders and stock investors.

After all, small shareholders who have been investing, such as the original shareholders of Wanhua, are like small shareholders who are reluctant to sell their shares, so even though their stocks are increasing in value, they will not get a penny, right?

But now that the dividends have been distributed, everyone can finally have a taste of the soup and enjoy it.

The remaining funds will be kept for further investment this year. As for investment direction, Wanhua is currently enjoying a sweet spot in commercial real estate and plans to invest in ten more Wanhua shopping malls in China this year.

The location will definitely be other existing provincial capital cities in the country.

This project, at present, is a very stable and profitable business.

Since Wanhua has the capital, it can just do it.

In fact, Tang Yichen was also happy with it.

It was still 1998, and the money was still valuable.

Although the current real estate industry has been restructured, the biggest opportunity for take-off has not yet arrived.

Therefore, the cost of building materials and other things in the market is still very low. Investing in real estate now will definitely be more profitable than later.

However, it was a profit, but Tang Yichen found out after counting on his fingers.

Once the fight really starts, it may be too late.

Wanhua plans to invest 1.2 billion yuan to acquire land in other provincial capitals across the country, but may not be able to build ten buildings in the end.

Because of the booming real estate market, it won’t take more than a few months!

Of course, Tang Yichen didn't worry too much about this kind of thing.

It’s too late, at most we can just invest a few more hundred million dollars.

This investment does not require any loans. By simply adding all the profits from the first half of this year to the total, we will definitely be able to complete ten Wanhua Shopping Plazas.

On the night of the 2nd, Tang Xionghua returned home and looked at Tang Yichen with a smile.

"In the next two days, the money will be deposited into our family company's account. Have you figured out how to use it?

Although Wanhua only distributed one-fifth of the dividend, the amount itself is huge!

Tang Xionghua also holds the largest stake, 36.72.

With this calculation, after the dividends were distributed, the Tang family company was still able to receive 914 million yuan in cash.

Of course, the unit is RMB.

Tang Yichen smiled and said, "I've already thought of a use for it. Let's use 500 million to research smartphones!"

"Uh……"

Tang Xionghua immediately had a look of surprise on his face.

Smartphone, he had heard Tang Yichen talk about this concept.

In fact, he also longed for the smartphone that Tang Yichen mentioned.

But is it necessary to take out 500 million right now?

“Can’t it be given in batches?

Is it really necessary to take 500 million now?" Tang Xionghua was a little surprised.

Tang Yichen shook his head and said, "In fact, I don't even know if 500 million is enough!

At this point, Tang Yichen ignored Tang Xionghua's surprise and spoke directly: "Dad, I'm going to do a big job this time. I'm going to recruit people from all over the world, and I want really high salaries. While we are researching smartphones, we are also going to enter the research and development of mobile communication technology.

I don't want to be exploited by that old rogue Qualcomm in the future!"

This time, Tang Yichen is going to spend a lot of money, even more than before, to dig out the real core personnel!

Therefore, Tang Yichen directly prepared to ask for 500 million.

When recruiting people, the salary should be so high that anyone can be tempted.

For example, if you are an expert from the Eagle Empire, I will give you a house and a car when you come over, and your annual salary will be one million. Your unit is Mi Jin. Is that enough?

If it’s not enough, add another million. If it’s still not enough, add more!

This is the brutal routine that Tang Yichen prepared.

After a pause, Tang Yichen looked at Tang Xionghua, who was a little confused by what he said, and smiled again and said, "Dad, I know you don't quite understand the situation. After all, regarding Qualcomm, we didn't explain it in detail before because we weren't ready to enter this market.

But I’ll tell you more about it later.”

Having said that, Tang Yichen did not continue the topic, but said again: "Anyway, the timing is almost right now.

At present, many companies around the world are carrying out so-called smartphone research and development.

Although as far as I know, everyone's smartphones are not yet connected to the Internet.

All we want is more features and selling points so that our new phones can stand out among other phone brands."

"What about us?" Tang Xionghua was indeed confused. After all, he was not a reborn person. Even though Tang Yichen had told him a lot all along, how could he easily form or fully understand the future worldview?

Tang Yichen still had a smile on his face: "Let's do it in multiple ways.

By then, as for our smartphones, we will directly use the operating system we are currently developing as a blueprint, making it compatible so that it can be used on mobile phones, just like Microsoft's current Windows CE.

We then used IBM's previous touchscreen mobile phone as a template and combined it with radio networking chip technology to develop a complete mobile phone."

At present, the domestic network environment is actually 2G.

However, 1G has not actually been discontinued, which means that the communication technology that only allows calls on mobile phones still exists.

At this point, it is indeed too early to talk about developing Internet phones.

Because communication technology, that is, network speed, is actually difficult to support the operation of mobile phone applications.

However, this is just difficult, not impossible.

Just go slower, for example, take ten to twenty seconds to enter the instant messaging software that Xiong Chen will create.

It takes several seconds or even tens of seconds to chat or send a message.

But does it matter?

Functions are new selling points. Even if the internet speed is slow, I can still research and improve it!

2G is not enough, so why not accelerate the development of 3G?

Of course, Tang Yichen definitely doesn't want to be bullied in the 3G era like in his previous life.

Therefore, it is necessary to develop communication technology by yourself.

And not only did Tang Yichen work on communication technology, he was actually also preparing to see if there was any chance for him to become a gangster.

Tang Yichen is very unhappy when others act like gangsters, but what if I could become a gangster myself?

Hehehe...

Smartphones. Many people think that the first smartphone was a fruit machine.

But in fact it is not at all.

Not to mention the handheld computers with Symbian systems that were previously developed by companies like Nokia and later became a dog's name.

What's more, before Symbian came out, IBM actually developed a smartphone and exhibited it in 1992.

However, 3G mobile phones had just come out when 2G was not yet widely used, so the result is predictable.