During this period, Luo Sheng's work focused on two new projects of Blue Star Technology. On September 27 this year in the same month, the Blue Coast Company held another press conference, hosted by Yao Jianhong, who had just been promoted, and officially launched the Azure-3g version.

It is mainly issued in overseas markets, and the domestic 3G network is also accelerating the construction of steps.

The new product has not changed in a disruptive way, so Luo Sheng did not appear to host the press conference.

The biggest highlight is that the price is 10% more expensive, emmm... OK.

Luo Sheng chose the high-end route and would not follow the old routine of small profits and quick turnover. The product's technological content is more than five years ahead of the industry. If he takes the bargain price route of small profits and quick turnover, he would be a bit stupid.

The biggest technical highlight of the 3g version or what consumers expect is that it supports 3g network. Although the Azure-X model supports wifi function, it is a mobile phone after all. In this era, there is not wifi everywhere, so it is still inconvenient.

So it has been almost a year since the launch of the Azure-X, with sales of only more than two million units and inventory of more than one hundred thousand units.

Consumers are not stupid either. In addition, Azure mobile phones are not cheap. Even in the European market with strong consumption capacity, a mobile phone of 700 euros is definitely considered a high-end consumer product as a consumer electronic product.

The International Telecommunication Union Itu Organization has already formulated a 3gpp standard agreement in two thousand years. The so-called 3gpp refers to the "third generation partner program".

For most consumers, they obviously want to wait for the 3g version to be launched before purchasing, after all, it is not cheap.

In addition to supporting 3g networks, the Azure-3g version also has many technical highlights, such as visual voice messages, voice calls, including video recording functions, and of course, there is also a synchronous update of the AOS 2.0 operating system, which also includes more applications and third-party development software, more stable system operation and related optimizations.

Users who have purchased the Azure-X model can also upgrade to the AOS2.0 update version on the day the 3g version is released, that is, from December 24. However, some applications can only be used in the WiFi network due to their limited network speed.

It is worth mentioning that after the 3g version of the product was finalized and launched, the engineer team of Costa çao has begun to receive Luo Sheng's new task, which is to develop a new generation of AAP processors and communication baseband chips based on 4G networks.

In other words, we started to demonstrate the 4G version of the smartphone project. The initial investment was $500 million, but it was definitely not enough.

Now there is no need to borrow from banks, because the Costa del Blue has begun to generate income, and the current financial environment cannot borrow a large amount of loans, because the continuous outbreak of the subprime mortgage crisis and the expansion of the impact have already shown signs of affecting the real economy.

The most direct manifestation is that physical manufacturing companies cannot borrow money or are more difficult to get money than before. Nowadays, major financial service companies are all saving their lives. How dare they borrow money or leverage?

Fortunately, the Costa del Azure company is not affected.

As the saying goes, one step is fast, and if nothing unexpected happens, Luo Sheng knows that around 2009, the International Telecommunications Union will complete the formulation of the 4g standard, and this time the standard is formulated without a doubt China will also participate in it.

Coast Blue and Bluestar Technology Group are now one of the members of 3gpp. The formulation of 4g standards is mainly driven by hundreds of members of 3gpp, including various operators, equipment providers, network service providers, etc.

Coast Blue is a equipment provider, while Bluestar Technology Group is a network service provider.

According to the 3gpp standard protocol, any member can initiate a proposal and discuss it in the meeting as long as he obtains the support of the other 4 members.

Whether the proposal can be passed depends on the confrontation and mediation between giant manufacturers. There is no doubt that the 4g standard is formulated, and the voting weight ratio that Luo Sheng has in his hands ranks among the top among hundreds of members and is of great importance.

Its main influence is not the Costa del Azure Company. Its mobile devices currently have no market share and its voice is relatively weaker. Its main influence is Blue Star Technology Group, and its global influence is self-evident.

...

October.

After the long holiday, Luo Sheng came to work at the Coast of Blue today to handle some of the backlog of affairs.

"Come in."

Luo Sheng heard the knock on the door and looked up. It was Qin Weimu who walked in, staring at Luo Sheng with his eyes and said as he walked: "Our funds have left the market completely safely. This time, we made a lot of money in the North American housing market. All the returns we made in the investments of Paulson Fund and the successor Fund were transferred to our account yesterday."

"Winter is coming..." Luo Sheng said without raising his head: "What is the situation in the international financial market now?"

A financial storm sweeping the world is coming, and no one can stay out of it, so naturally we need to understand it a little. Qin Weimu has been paying attention and analyzing this aspect.

"In the recent two months of **, various countries' fishing banks have been crazily rescuing the market. Most of the global stock indexes fell across the board, and only technology stocks are still moving as if they are rising against the trend."

Hearing this, Luo Sheng put down his work, leaned back to the chair and sighed, "The technology stocks can't hold on for long, and the trend is unstoppable. Let's explode together."

Qin Weimu handed him a piece of information in his hand: "This is some major events in the international financial market that I have sorted out around the past two months."

Luo Sheng took it and opened the general list.

Starting from July 10, 2007, S&P lowered its subprime mortgage bond rating on that day, and the global financial market immediately fluctuated greatly.

The trend of avalanche was shown in the past two months by early October, and then the largest French bank announced that it was involved in U.S. subprime bonds, metal crude oil futures and spot gold prices plummeted.

In early August, the North American subprime mortgage crisis spread out, and the European rice shop intervened, and the rescue operation kicked off.

Fisheries around the world injected more than $326.2 billion in rescue markets within 4 o'clock, and the Federal Reserve injected $38 billion in banks three times a day to stabilize the stock market.

A few days later, dozens of physical enterprises such as Walmart and Home Depot suffered huge losses due to the subprime mortgage crisis. On that day, the three major European and American markets injected more than US$72 billion to save the market.

By mid-August, the subprime mortgage crisis further worsened, and the Asia-Pacific stock market suffered its worst decline since 9/11. The Federal Reserve lowered the window discount rate to 5.75%. Japan's Yangban injected another 1 trillion yuan into banks, and Europe also plans to increase its efforts to rescue the market.

Later, Japan's Yangxing once again injected 800 billion yuan into the banking system, and the RBA also injected 3.57 billion Australian dollars into the financial system.

By late August, the Federal Reserve injected another $3.75 billion into the financial system, and Europe added 40 billion euros to refinancing operations. Yingyang Bank lent 314 million pounds to commercial banks to deal with the crisis. The Federal Reserve then injected $7 billion, $9.5 billion, $5.25 billion and $10 billion in the next four days respectively.

By mid-September, the Federal Reserve lowered the federal funds rate to 4.75%.

In October, the Federal Reserve is still trying to save the economy that continues to collapse. The North American Treasury Secretary helped major financial institutions set up a $100 billion super fund to buy troubled mortgaged securities.

...

Finally, Luo Sheng closed the statistics materials, crossed his legs involuntarily, turned his head to look at Qin Weimu and asked, "How much have we earned?"

Qin Weimu: "The current book fund pool of offshore funds is US$45.818 billion, and the total return rate of investment this time is locked at 639%. The disposable wealth you have now surpassed Bill Gates."

Hearing this, Luo Sheng closed his eyes and took a deep breath. After a moment, he opened his eyes and couldn't help but curse in a low voice: "Made, the profit he made after starting a business in 2003 and working hard for three or four years is less than one-tenth of this investment."

According to Luo Sheng's current equity in Blue Star Technology, the share income of net profit is only calculated regardless of the stock price premium, which is more than US$3 billion. The profit is equivalent to about 8% of the benefits he gained from his betting on the North American real estate market this time.

Even if it is 8%, it is an astronomical figure, and no one in all mankind can achieve such an achievement.

Obviously, this can also indirectly prove how profitable the profits of shorting the North American real estate market are.

However, this money is still not enough for building a "spare tire plan". Once the "spare tire plan" is fully launched, it will burn seven or eight billion US dollars, or even tens of billions of dollars a year.

This more than 40 billion US dollars can only be burned for about four or five years, and it will take a path of technological independence from scratch, and finally catch up and surpass it. It is definitely a hell-level difficulty.
Chapter completed!