Extraordinary Genius Chapter 862

Extraordinary Genius

Chapter 862 - Obsolete within 5 years

"Director Fang, everything is so simple. Ijust need your help to expedite the approval before the foreigners earn all themoney." Feng Yu joked. The ministries' efficiency is too slow, and Feng Yu canonly look for Director Fang to get the network access license.

"Your mobile phone had reachedinternational standards?" Director Fang was skeptical about this. The PandaCompany had been selling mobile phones for years and dare not claim theirphones are as good as overseas brands.

"Oh, I forgot I had brought a few phonesfor you to test it. You can try it first. If my products are not as good asoverseas brands, I will tear the network access license even if it isapproved!" Feng Yu exclaimed.

Director Fang played with the mobile phonefor a while. There are no problems with making calls and sending and receivingSMS. The words on the screen are clear and the voice quality is crystal clear.Even the ringtones are better.

"This is a good phone, and the designs andcolors are nice. How much are you all selling this phone?" Director Fang waspleased.

If China’s domestic phones can compete withoverseas brands, that means China's electronics industry is developing fast andcatching up with the rest of the world!

"Director Fang, how much are you willing topay for this phone?" Feng Yu throw the question back at him.

"There are a lot of functions and isbeautifully designed. If this is an imported product, it should cost about10,000 RMB. You produced this phone under the Aiwa brand, and it should be atleast 8,000 RMB, right?"

Feng Yu was not pleased. What do you meanby there are a lot of functions and beautifully designed? Just because ours isnot an imported phone, it is worth lesser?

But you are wrong. I have no intention ofselling my phones so expensive. Although the mobile phone is still a luxuryproduct, it is not as luxurious as before.

Also, most of the mobile phones in themarket are overseas brands, and even if Aiwa is China's top Pager manufacturer,it is still a newcomer to the mobile phone market. If Aiwa were to sell atabout the same prices as the rest of the mobile phones in the market, there wouldnot be an advantage.

"Director Fang, the retail price for thisphone is below 7,000 RMB. 6,666 RMB! Isn't it auspicious?"

Director Fang rolled his eyes. "Are allbusinessmen superst.i.tious?"

"We are not the ones superst.i.tious. It isthose who can afford mobile phones that are superst.i.tious. 'Liu Liu Da Shun'sounds good…"

"You all are businessmen, and even if youare selling at 6,666 RMB, your profits should also be high, right?" DirectorFang laughed.

"I did not say I am not earning from thesephones. Furthermore, I am paying my workers’ high salaries. I am just followingwhat our government says. Paying according to their contributions." Feng Yustarts to bootlick.

"According to contributions? What did youdo?" Director Fang purposely asked.

"I am the one who comes up with this ideaand the exterior designs' patents belong to me, and I suggested most of thefunctions on this phone. Most importantly, I paid for the development. My moneydoes not drop from the sky and I donated a lot of money. Name me someone whodonated more than me."

Feng Yu complained.

When mentioned about donations, DirectorFang asked curiously. "I heard you made a lot of donations this year inLongjiang province and the areas near inland lakes. All the donations are forbuilding dams and strengthening the riverbanks. What's wrong? You want thepeople to erect a statue to worship you?"

"Director Fang, I am doing charity, andwhat's wrong with that? The government doesn't allow it? At most, I will notdonate any more money." Feng Yu 'threatens' Director Fang.

"Hahaha, you are threatening me? Theleaders don't understand why you are doing this. You behave like you love tomake money, but you made more donations than others. You are doing legitimatebusinesses and don't need any 'protection' from the government. Can you tell mewhat you are after?" Director Fang asked.

All the leaders in the Central Governmentare curious about the motives behind Feng Yu's donations.

Feng Yu shrugged his shoulders. "It's simple…I can't finish spending my money!"

Director Fang: "……"

Director Fang doesn't know how to react tothis arrogant and straightforward reason. The Central Government already knowsFeng Yu is the wealthiest person in China, and his personal a.s.sets are morethan many state-owned enterprises. He does have more money than he can spend.

This is a good thing for China. But is thisreally the reason why Feng Yu made all those donations?

Never mind. As long as what Feng Yu doesbenefit the country, who cares about what he thinks.

"Feng Yu, what do you think of ourcountry's telecommunication developments? Your Aiwa Electronics is consideredthe leading telecommunication company in China, and you all even developed yourown mobile phones. Don't forget to help your fellow Chinese."

Feng Yu looked at Director Fang. What's themeaning of this? When I manufacture pagers, the ministries organized a visit tomy factories, and the state-owned enterprises started to produce pagers afterthe visit.

Now I am manufacturing mobile phones, andyou all want to take advantage of me again?

I can give you all the outdated patentsafter we have developed more advanced technologies for our mobile phones. But youall want our technologies now? Impossible!

"Help our Chinese? Director Fang, are youjoking with me? Our country's technological research is more advanced than AiwaElectronics. You all have so many scientists, and all of them are getting highsalaries and benefits. They need our help? The state-owned telecommunicationproducts manufacturers are lucky to meet the telecommunication boom. But withtheir foresight, I dare to say those companies will decline within 5 years!" FengYu sneered.

Director Fang asked. "Why? These companiesare doing well with their pagers and will make more profits if they producemobile phones. Even if they just follow your footsteps, they should not be onthe decline."

d.a.m.n! Follow our footsteps? Shameless! Youall are just shamelessly following trends and imitating others!

We manufacture pagers, and it's okay foryou to do the same. I did not say anything about you all imitating the exteriorand internal circuit designs of our pagers as we need to get the market sharefrom Motorola. But those state-owned enterprises' leaders think they canmanufacture pagers for another 20 years!

Within 3 years, pagers will do downhill,and 5 years later, pagers will be obsoleted. Technology is developing fasterthan those old leaders can imagine.

Feng Yu knows it will be too late whenthose leaders realized it. The mobile phone is different from the pager andjust copying blindly is doom to fail.

Those companies' have 100 times moresalespeople than researchers, and they dare to enter the electronics industry?Hmmm… maybe they got nowhere to spend their money.

"Pagers will be obsolete within 5 years!Mobile phones will be the common mobile telecommunication device in the future.These are my predictions and it is up to you whether to believe me or not. Ifthe Government continues to grant Network Access License to those pagermanufacturers, the government will have to take responsibility when they gobust!"

Translator's notes: Liu Liu Da Shun is an idiom in Chinese, which translates to 'everything will go smoothly,' and 'Liu' means 6 in Chinese.