In fact, not only did Star Technology not need to pay for Dafa Corporation's acquisition, but they could also make a huge profit.
Although he had paid Chen Dongyang 30 million, Dafa had 2 million functional computers. Adding on the previous inventory, there were almost 3 million.
These phones were turned into bricks because Huawei canceled the authorization of the function system.
After Stars Technologies acquired Dafa Corporation, Lin Chen's words had allowed Hua Wei to restore the system authorization of the functional computers.
In fact, after Huawei re-authorized the license, it would be free of charge and Star Technologies would not need to pay a single cent for the license.
Even if Star Technology sold the phones at cost price, it would still generate close to 200 million in revenue.
Therefore, Star Technology's acquisition of Dafa Corporation was a huge profit.
After acquiring Dafa, Du Peng immediately followed Lin Chen's request.
To carry out a drastic transformation and restructuring of Dafa Corporation.
First, he would cut off the business of functional computers and sell the related production lines and equipment at a low price.
A large number of idle factories were renovated and a huge scientific research department was established.
At the same time, they were recruiting a large number of high-tech talents.
Purchasing large amounts of research equipment and testing equipment.
To build a first-class scientific research and experiment center in the country.
All of these required a huge amount of money, and Lin Chen had invested almost all the money he had earned from Huawei.
However, Lin Chen did not care too much about it. In the long run, these investments were necessary.
Just as Star Technology was in a mess…
Hua Wei also began to make a big move.
Huawei announced that they were officially holding a mobile phone conference.
More than 1,000 domestic and foreign media and self-media were invited to participate.
At the same time, many big shots from the tech world, including Lin Chen, also received an invitation.
Thousands of science and technology enthusiasts and " pollen " came over spontaneously after learning about the situation.
Lin Chen didn't want to come at first, but he couldn't resist Yu Chengxi and the others 'kind invitation. He still brought Du Peng and Chen Fei over.
The press conference had yet to begin, but the venue, which could accommodate thousands of people, was already " overcrowded " with endless discussions.
"What the hell is Hua Wei doing this time? Why did he hold such a big press conference?”
"Huawei chips are no longer supplied. Even if we use the chips in stock, we still can't buy new ones.”
"Could it be that Huawei has solved the problem of the chip being cut off? That's impossible. I haven't heard any relevant news.”
"Let's wait and see. Since they dare to hold a press conference with such great fanfare, they must have the confidence to hold a press conference.”
Amidst the discussion and waiting, it was seven o'clock sharp.
The lights focused on the stage, and a figure slowly walked up from backstage.
Instantly, the originally quiet scene erupted with gasps again.
They saw an old man in his seventies walking up to the stage in high spirits.
He was the soul of Huawei Corporation, Old Master Ren and President Ren.
"Oh my god, is Hua Wei going to use his ultimate move? CEO Ren came to a phone press conference.”
"CEO Ren is old and rarely appears in public. Now, he's actually hosting the press conference personally?”
Amidst the exclamations, CEO Ren came to the front of the stage.
The lights were focused on him, and everyone's eyes fell on him.
CEO Ren seemed very excited, so much so that his hand holding the microphone was trembling slightly.
He raised his hand and pressed down on the air, and the entire place immediately fell silent.
Everyone pricked up their ears, trying to hear every word President Ren said.
They all knew that since President Ren had personally come up on stage, Hua Wei's actions would definitely not be small.
President Ren's voice was calm, and he did not start with much excitement. He said directly,
"Good evening, everyone. Welcome to Huawei's mobile phone launch conference. Please look at the big screen.”
The big screen immediately lit up, and a dozen cell phones appeared on the big screen.
When everyone saw the phone on the screen, they were all stunned and even a little confused.
Everyone who attended the press conference was very familiar with Huawei's mobile phone.
Many people recognized at a glance that most of these phones were old models.
President Ren continued," Perhaps everyone is wondering why Huawei's cell phone launch conference brought out most of the old cell phones and only a small number of new ones.”
President Ren didn't make the audience confused or wait for too long. He said again,"Due to certain reasons, Huawei's cell phones have been unable to meet the market demand.”
"Now, I officially announce that this situation will not happen again because Huawei's chips will no longer restrict the production and sales of Huawei's mobile phones.”
"Huawei's mate40 series mobile phones will be on sale.”
"Huawei's P50 series will enter the domestic and foreign markets.”
"Huawei's MatePadPro second-generation tablet computer is being sold worldwide.”
"In short, Huawei has an unlimited supply of all cell phones and tablets worldwide!”
Everyone was stunned when they heard President Ren's words.
It was unbelievable that Huawei's cell phones were actually supplied in unlimited quantities.
Moreover, all of Huawei's old cell phones would also be on sale.
Everyone knew that Huawei's cell phone supply had plummeted in the past two years.
Be it the official website or other shopping websites, they were all out of stock.
As for physical stores, there was no need to mention them.
It was impossible for Huawei to reduce the price and promote the sales.
But now, Huawei's CEO Ren actually said that the old model would be directly promoted. How could it not cause everyone to be shocked?
That was President Ren, the soul of Hua Wei. No one would doubt President Ren's words.
By now, everyone understood that this cell phone press conference.
Why was it that President Ren had personally come?
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