Chapter 295 Research Investment
In 1991, when John Chambers joined Cisco in 1991, his position was second only to the then CEO, John Ridge. Cisco's annual sales were only US$70 million and it had only 300 employees.
employees, with a market value of nearly $600 million.
By 1995, Cisco became the world's largest network equipment manufacturer, and John Chambers, the president and CEO of Cisco, created a myth and legend.
In 2000, Cisco's annual sales reached US$18 billion, with 31,000 employees, and its market value reached US$444 billion, second only to GE's US$505 billion and Intel's US$446 billion.
And it also surpassed Microsoft's $358 billion for the first time and became the most valuable company in the world.
It took Microsoft nearly 25 years to climb to its current position, while Cisco only took 16 years, and these growth occurred after Chambers took the helm of Cisco (Cisco). Now this management genius has been replaced by Bai Zi.
Rui Jiehu joins Dingtian Group.
Xiangjiang established a group R&D center. The R&D center will be personally managed by Bai Zirui, with Liu Weitao serving as vice president of the R&D center. Xu Zhihao serves as the group's administrative vice president, responsible for operations, production and logistics. Others have been promoted.
After the meeting, Xu Jingli asked: "Zi Rui, the company's business is getting bigger and bigger. Is it too big a step to establish a group company?"
Bai Zirui smiled and said: "Sister Jingli, don't worry, I know what I know. The company cannot develop step by step. Modern science and technology are developing at a rapid pace. We must make arrangements early and increase investment in scientific research so that we will not be left behind by European and American high-tech companies.
Behind you.
The company does not have enough scientific research talents, so I plan to spend HK$100 million to cooperate with major universities in Hong Kong to form industry-university-research to make up for the company's shortcomings."
Xu Jingli said: "Zirui, just do it with confidence, I will give you my full support behind you."
"A new giant emerges in the electronics industry in Hong Kong, spending 50 million to support students and research," the front page headline of the latest issue of the Hong Kong Economic Journal caused quite a stir in the industrial circles of Hong Kong.
Since November last year, nearly a hundred dedicated arcade game arcades have been added throughout Hong Kong and Kowloon. The recent shortage of 50 cent coins in Hong Kong is precisely due to the craze brought by these two game consoles.
This Dingtian Technology Company is only a new company established less than half a year ago, but it has risen rapidly with the help of two arcade games: "Great Wall Cube" and "Tank Battle".
Although the Hong Kong Economic Journal has only been published for nine years and can only be regarded as a fledgling newspaper in the Hong Kong newspaper industry, its professional positioning of focusing on financial news has been increasingly recognized by the business community in Hong Kong.
The incident of thousands of people gathering at Anle Cinema was precisely because of the sensation caused by the trial of the new game console developed by the company. After that, the company's game console swept the entire Hong Kong.
In the early days of its establishment, the first oil crisis broke out, Xiangjiang was at the bottom of its economy, and the Hong Kong Economic Times had operational difficulties. Lin Xingzhi once sold a brand-new printing press to Ma Xiru of the Oriental Daily to maintain the company's operations.
In recent years, insightful people in Hong Kong have been lobbying the Hong Kong government to increase policy and financial support for emerging technology industries. However, the actual actions of the Hong Kong government are extremely limited. The long-awaited special scientific research support fund for the electronics industry has only been allocated to
The remaining 3 million Hong Kong dollars were divided into half each by CUHK and Jiangsu University, which disappointed many people in the industry.
After screening by the Public Relations Department, CEO John Chambers, Vice President of Administration Xu Zhihao, and Vice President of R&D Liu Weitao will be selectively interviewed by various newspapers within a short period of time.
Dingtian Technology Company invested 50 million Hong Kong dollars to launch a comprehensive cooperation with Xiangjiang University to jointly establish Jiangda-Dingtian Electronic Laboratory and Jiangda-Dingtian Semiconductor Laboratory, which also shows that Dingtian Technology Company is not willing to limit itself to games.
In this small corner of the industry, we are preparing to fully enter the electronic technology industry.
The full name of "Hong Kong Economic News" is "Hong Kong Economic News". It was founded in 1973 by Mr. Lin Xingzhi, the former editor-in-chief of the financial section of "Ming Pao Evening News", his wife Luo Youmei and Luo Zhiping. It is the first Chinese newspaper in Hong Kong to focus on financial news.
The newspaper is very authoritative in Hong Kong and has been selected as the most credible newspaper in Hong Kong by industry reporters.
In fact, in addition to the cooperation between Dingtian Technology Company and Xiangjiang University that has just been exposed, the cooperation plans between Dingtian Technology and the Chinese University of Hong Kong and the Hong Kong Polytechnic are also under detailed discussion. The investment amount will reach 30 million and 20 million respectively.
The following times will be determined one by one.
In addition to being popular in Hong Kong, the game consoles of Dingtian Technology Company are also popular in the markets of beautiful countries and Japanese countries. According to this newspaper, we learned from an employee of the company who did not want to be named that a large number of overseas orders have been accumulated.
The production plan of Dingtian Technology Company has been scheduled for next year.
In addition to the Hong Kong Economic Times, major newspapers in Hong Kong such as "Hong Kong Commercial Daily", "Weekly Financial Trends", "Economic Weekly", "Oriental Daily", "Ming Pao", "Sing Tao Daily" etc. have published it on the front page.
News that Dingtian Technology Company invested 50 million to cooperate with Xiangjiang University. For the first time, the name of Dingtian Technology Company was heard by ordinary people in Hong Kong.
This time, Dingtian Technology, a new company that has just been established a few months ago, invested 50 million in scientific research in cooperation with Hong Kong University, which shows the great courage of this company. Every year, the Hong Kong government collects funds from various electronics factories in Hong Kong.
, collecting hundreds of millions in taxes only gives the public an excuse not to actively intervene!
A thick stack of faxed application letters requesting exclusive interviews from various newspapers and magazines has already accumulated. The public relations department of Dingtian Technology Company has prepared a comprehensive and complete set of corporate image reports for this purpose, spanning as long as half a year.
Promotional plan.
Although Xiangjiang's electronics industry has developed rapidly in recent years and has become the second pillar supporting Xiangjiang's economy, it still has low technical content and low product added value. It only stays at the lowest level of the entire industrial chain, relying on the end assembly link of intensive labor resources.
Profit margins are very low.
The public relations department has prepared speeches for them. They will publish the entrepreneurial story of the company when it was first established, talk about the marketing story of arcade games to expand overseas markets, and tell the company's future blueprint and development prospects.
All in all, Dingtian Technology Company will be presented to the citizens of Xiangjiang step by step in an orderly manner as planned. Dingtian Technology Company will establish a dynamic, enterprising, energetic and enterprising high-tech company in the hearts of the 5.2645 million Xiangjiang citizens.
Technology corporate image.
Bai Zirui gave the opportunity under the spotlight to John Chambers and others. He wants to be a behind-the-scenes boss, doing things in a high profile and being a low-key talent is his pursuit.
The comprehensive cooperation between Dingtian Technology Company and Xiangjiang University includes three parts. The first part is the joint establishment of Jiangda-Dingtian Semiconductor Laboratory and Jiangda-Dingtian Electronic Laboratory. Both parties are fully funded by Dingtian Technology Company.
With the equipment and research funds of each laboratory, we can conduct in-depth collaborative research on projects of common interest.
Chapter completed!