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2598 [Twenty years without dividends]

After negotiating with the Wang brothers about industrial transfer, Xia Tian talked to them about the future direction of world science and technology development.

"In the future, Tianxia Technology will focus on scientific and technological research and development, and increase investment in scientific and technological research and development. It is better not to make profits than to insist on R&D." Xia Tian said to the Wang brothers.

Tianxia Technology currently has an annual profit of more than 20 billion US dollars, and its main products are computers, servers, mobile phones, U disks, MP3s, etc. Its scientific research investment accounts for 10% of its annual profit, that is, 2 billion US dollars.

In the eyes of ordinary companies, this investment is definitely considered a big investment. After all, companies like Huawei and ZTE have a total market value of less than 2 billion US dollars.

But in summer, a mere $2 billion is far from enough. Because he knows that ibm's annual R&D expenses are as high as $6 billion, Intel invests more than $13.1 billion in scientific research, and Amazon's annual R&D expenses are as high as $16.7 billion.

Tianxia Technology has more R&D projects than them, just 2 billion US dollars, which is like a drizzle. In the absence of funds, how can we recruit talents and how can we develop new technologies and new technologies? You must know that scientific research is a very expensive job. We must continue, continuously, and invest a lot to see benefits.

"In the future, 50% of the company's profits will be spent on technological research and development, and the company will not have any dividends in the next twenty years." Xia Tian ordered the Wang brothers.

"Fifty percent of the profit is used for scientific research?! A Tian, ​​this is a bit too much. You should know that it is not that if you invest too much money, you will definitely gain something." Wang Xianzong said in surprise when he heard this.

In addition to investment, scientific research requires more luck. Many scientific inventions are published accidentally by accident, such as penicillin, universal glue, microwave oven, vulcanized rubber, safety glass, etc.

Even the "Biomacromolecule simplicity analysis method" invented by Fuzono Nobel Prize winner Koichi Tanaka was unintentionally invented.

Before him, scientific research institutes around the world had exhausted their efforts to conduct scientific research in this field, investing a lot of manpower, material resources, and financial resources, but no breakthrough was made.

This is exactly what Edison said: Genius is one percent inspiration plus ninety-nine percent sweat, and that one percent inspiration is the most important.

Putting 50% of the profits into scientific research in the summer does not mean that the company's scientific research results will be immediately effective and will increase by five times immediately. In fact, it is very likely that if the money is invested, the situation will not improve at all.

But fifty percent of the profit, 10 billion US dollars, wasted. It is undoubtedly a major loss for the company's shareholders.

The Wang brothers are also one of the major shareholders of Tianxia Technology, and hold about 10% of Tianxia Technology's shares. Out of these ten billion US dollars, there are their billions of dollars.

This billion US dollar is quite important to them. But now they have to spend it all on scientific research, which makes them feel a little distressed.

"Yes, Ah Tian, ​​if you invest so much money but have no results, will the money be spent in vain?" Wang Xianguang said astonished, "What's more, if there is no dividend for twenty years, can the shareholders do it?"

"Big brother, second brother, every time we achieve scientific research results and every time we obtain patented technology, we will lose the opportunity to be strangled. Don't forget that our Tianxia Technology is now at the forefront of the world's technological development, and all companies are our followers and competitors. They will kill us at all costs.

So if they know that we are constrained by them in important patent technologies, then we will be in great trouble. If we do not have the same patent technologies to threaten them, then we can only let others exploit them or wait for death.

This is a question of life and death, not a question of how much you earn," Xia Tian said seriously to the Wang brothers.

In the past life, companies in the high-tech field used patented technologies to attack each other, which was no longer news. Qualcomm, Apple, Nokia, Ericsson, Huawei, ZTE, etc. all rely on the patented technologies they hold to seize the market, attack opponents, and protect themselves.

For example, Qualcomm, relying on the large number of CDMA patents in his hands, "blackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackblackb

If they refuse to pay, Qualcomm will sue and demand that their "infringing products" stop selling. This will result in heavy losses from spontaneous combustion. If they promise it to "blacklist", they will also suffer huge losses.

Many high-tech companies, because they each hold different patent technologies, can exchange patents, authorize each other, and do not sue each other, so as to avoid being strangled by their opponents and successfully protect themselves. For example, Huawei and Samsung have authorized patents to each other many times.

"Brother, second brother, investing money does not mean there is profit, and there is a high possibility that there will be failures. But trial and error is actually a kind of accumulation of experience, which can prevent us from repeating the same mistakes and is also very valuable.

And if a scientific research achievement is really invented, you and my brothers can make a fortune. Just like Tai Chi Internet technology, we can earn 1.3 billion US dollars a year by selling Tai Chi Internet chips. But its R&D capital is only one million US dollars." Xia Tian persuaded again, "This is the benefit of scientific and technological research and development."

Tai Chi Internet technology is very popular among all walks of life because of its convenient links, high speed, long distances, small investment and low energy consumption.

Nowadays, many electronic products, industrial control and other fields use Tai Chi Internet technology. Tai Chi Internet technology is the only one in the world, so Tianxia Technology made 1.3 billion US dollars in a single sale of chips this year. It can be said that it has made a lot of money.

"As for the shareholders' willingness, it doesn't matter. Welcome them to leave, I don't care about them." Xia Tian said again, "To be honest, if I hadn't had money now, I would have been willing to privatize Tianxia Technology."

When Tianxia Technology was founded, it was not worth much. It just invested some money in the summer to make the Wang brothers trouble. Even if they bought a shell and went public later, their market value was only more than 100 million Hong Kong dollars.

After years of development, the market value of Tianxia Technology has exceeded 100 billion US dollars. The earliest shareholders who participated, without exception, have invested thousands of times.

Such a big profit depends on Xia Tian’s guidance. It can be said that Xia Tian is worthy of them. If they really don’t want to, they can sell their stocks and leave.
Chapter completed!
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