My Exclusive Dream World Adventures
Chapter 324 - Chapter 324: 324 ubiquitous

Chapter 324: 324 ubiquitous

Just as Yang Jinxia had said, Jinxiu Group’s weaknesses were too obvious, its investments were too scattered, and there were not many enterprises in which it held a controlling interest. In several major industries, it had a certain influence but lacked real power.

Chen Xu once asked her why there were so few enterprises under their control. She said it wasn’t for lack of wanting but rather for lack of ability.

Gaining control of a company is not an easy task; unless absolutely necessary, founding teams would never willingly give up their controlling rights. Those founders who managed to grow their companies were certainly no pushovers and were often very dominant and extremely wary of investors.

Yang Jinxia had previously attempted similar endeavors, which almost invariably ended in failure. As soon as Jinxiu Investment made its move, the company’s management would join forces with other shareholders to thwart her actions.

Without controlling ownership, all Jinxiu Group could do was to exert a certain influence over a company’s plans. For example, convincing three cellphone companies to adopt Chen Xu’s input method as their built-in option came at great cost and was the result of an exchange of interests.

Moreover, Jinxiu Group was completely different from other investment companies. It was no exaggeration to say that it was Yang Jinxia’s own company, with all decisions coming from her alone, and all the employees working around her commands.

If someone wanted to target Jinxiu Group, they would only need to aim at her.

Now, she planned to establish her own physical company, and it would be in the high-tech industry that was just taking off domestically, which was certain to receive support from related policies. As long as the company could grow and strengthen, she would possess true power of her own.

After all, the world had long suffered under the monopoly of a certain company, just waiting for a domestic breakthrough in flash memory chip technology. Then prices could drop significantly.

Chen Xu felt it was time to discuss strategic career planning with her and asked, “What are your plans going forward?”

Yang Jinxia said, “Chips and mobile phones.”

Chen Xu was not surprised; she was already thinking of making flash memory chips, so it was not odd to consider chips and mobile phones. The mobile phone market was vast, and any capable manufacturer would definitely want a piece of it.

In the entire mobile phone industry chain, the further downstream you go, the higher the profits, specifically for the phone manufacturers. Some Brand, no matter how prominent, was still outpaced by the sales and profits of Fruit phone.

Moving up to the chip architecture, revenues were merely a fraction of Some Brand’s.

Chen Xu had also considered making his mobile phones, but running such a business was exhausting. Even if he could produce a product beyond its time, conquering the market would still take years.

To integrate the entire industrial chain would take at least a decade. The equipment needed to be updated, the staff trained, all of which required time. It wasn’t as simple as drawing up plans.

If he focused his energy on advancing the fundamental sciences, the chip industry might enter a whole new era. By then, performance for various electronic products could leap dramatically.

Between the two options, Chen Xu felt his ambitions should be set higher, so he abandoned the idea of making mobile phones and resolved to push for an upgrade of the entire chip industry on his own. This was an excellent opportunity for the country to overtake others on the curve.

Moreover, the current international situation felt ominous, and he definitely didn’t want to see a real war break out.

Several dreams about post-war scenes involving humanity had left a deep impression on him, along with a lingering fear.

At this time, a new industrial revolution could help ease the economic situation, provided it was led by domestic forces. Even if it came down to a confrontation, he hoped the home front would win.

Therefore, Chen Xu made such a choice, and naturally supported Yang Jinxia’s desire to venture into the chip and mobile phone industry wholeheartedly. The saying goes, ‘don’t let your riches flow into others’ fields.’ He had no doubt about her capabilities.

Yang Jinxia asked, “What about you? What’s your next step?”

“Let’s wait until the data center is built, without strong computing power, research and development is far too slow. It would be best to acquire some of the most advanced machine tools,” Chen Xu replied.

Yang Jinxia nodded and said, “For the machine tools, I’ll try to think of a way.”

Scientific research couldn’t create something out of nothing. Once or twice was manageable, but frequent occurrences would surely raise suspicions. Necessary equipment must be purchased, essential experiments must be conducted, and the frequency of patent releases couldn’t be too high.

The battery industry was somewhat unique. Its structures are relatively simple, and the market is large enough. One key patent could generate a vast wealth.

In other industries, like mobile phones, one or two patents cannot truly affect the overall situation because there are too many alternative solutions.

Like the wireless transmission technology used in Chen Xu’s VR glasses, it was far superior to Bluetooth. But to replace Bluetooth as the wireless solution in mobile phones–that was a pipe dream. It wasn’t just about having superior technology; it needed time to develop and entail strong partners, among other things.

In fact, this was the norm for high-tech fields. To expect to earn lots of money quickly with just one or two patents was only feasible in one industry: pharmaceuticals.

There are many incurable diseases in the world. If one could invent a drug to cure these illnesses and secure the patents, you could make a name and a fortune as numerous pharmaceutical giants would come knocking.

At the same time as acquiring the battery lab, he also purchased a pharmaceutical lab and had invested a significant amount of money in it. It was a necessary expense to make the publication of his papers more credible.

When he needed funds, he’d just release a breakthrough. Relying on patent licensing would be another significant source of income.

Perhaps he could even make a Nobel laureate.

…….

“I heard that you took a stake in a talent agency, overpaying for thirty percent of the shares,” Yang Jinxia broached another matter, “When did you start thinking about investing in the entertainment industry?”

Chen Xu laughed and said, “You really can’t hide anything from you.”

Yang Jinxia said, “It just so happens, I am one of the shareholders.”

“Eh, I don’t recall seeing your name on the shareholder list.”

“What I use is naturally a shell company, the third-largest shareholder is one of mine.”

Chen Xu finally showed some astonishment and blurted out, “So you’ve been Shao Qing’s backer?”

Yang Jinxia smiled and said, “Surprised? The film market exploded a few years ago, and I invested in quite a few companies, making a fair amount of money. My network in the industry is much larger than you’d think.”

Chen Xu shook his head and said, “You truly are everywhere, I’m convinced.”

PS: Still asking for monthly tickets.

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