I can become stronger by paying salaries. I have one billion employees!

Chapter 333 A Business Genius with a Net Worth of 500 Billion US Dollars! The Tiangong T100 Chip!

At dawn the next day, as the sky began to lighten, the tinkling of wind chimes filled the air.

Chen Yansen slowly opened his eyes, and a milky fragrance wafted into his nose.

In the master bedroom, which is over 30 square meters, besides a 1.8-meter-long soft bed, there is only a dressing table and a clothes rack, and the furnishings are simple and orderly.

A set of lace pajamas with minimal fabric lay quietly on the walnut wood floor.

Last night, to celebrate Pinduoduo's single-day sales exceeding 20 billion yuan, Mr. Chen was invited to Mr. Ye's home for dessert.

It must be said that Ye Qiuping is indeed talented in making soup and sweet desserts. At first, she was a bit clumsy, but now her skills are becoming more and more exquisite, making President Chen unable to extricate himself.

Chen Yansen sat up in bed, reached for his phone on the bedside table. It was 4:57 a.m., and the view outside the window was still gray.

Ye Qiuping lay on her side, the thin air-conditioning quilt only covering her lower abdomen.

The girls from Sichuan have fair skin, and Master Ye is no exception. His abdomen is flat and without any excess fat, and it feels as delicate as silk to the touch.

Although he had only slept for less than three hours, Chen Yansen was full of energy and showed no signs of fatigue. He put on his slippers and walked towards the living room.

A cool autumn breeze made the wind chimes on the balcony ring crisply.

Chen Yansen plopped down on the sofa, took out his phone, and opened a scanned copy of "Battery Technology: Materials and Components".

Time passed by, and by the time dawn broke and a faint ray of sunlight shone in, he had already finished reading dozens of reference books on energy storage and transformation.

Then, Chen Yansen opened the Toutiao app and quickly browsed the hot news of the past two days.

The signing of the "Search Engine Service Self-Discipline Convention" will effectively curb vicious competition among companies!

'360 sues Baidu for abusing the Robots Exclusion Protocol to monopolize the market; first instance verdict: Zhou Hongyi loses!'

In Chen Yansen's view, Zhou Hongyi did not lose. After a series of battles, 360 Search's market share successfully jumped from 0 to 8.7%, surpassing Sogou and becoming the second largest search engine service provider.

It can be said that they lost face but won substance.

Lingxi Search has a market share of 6.1%, ranking fourth in the industry, and is only one step away from Sogou.

From August to October, in just two months, Baidu lost nearly 15% of its market share in the search field.

Gome has integrated Kuiba.com and Gome Online to accelerate e-commerce business synergy and has officially joined the Double Eleven shopping festival!

Hunan TV is preparing for "I Am a Singer," signaling a rise in popularity for music variety shows.

Amazon launches Global Selling program to attract cross-border sellers!

'Didi Bike's accelerated urban bike-sharing plan: A litmus test for national civility?'

Chen Yansen clicked on the last news item.

With a 5000 million yuan investment from Innovation Works, plus a 199 yuan deposit per account and a phased payment model for suppliers, Didi Bike has deployed 1000 shared bikes in the Yanjing area.

In an interview with IT Times Weekly, Cheng Wei claimed that Didi Bike has over 10,000 registered users and is operating well, and plans to expand its deployment to 10,000 bikes in November and 30,000 bikes in December.

Chen Yansen smiled and didn't take it to heart.

Starting early doesn't guarantee you'll be the first to reach the finish line.

At this moment, Ye Qiuping slowly woke up in the room. Not seeing Chen Yansen at first glance, she quickly put on her pajamas and left the bedroom.

Seeing him leaning against the sofa playing on his phone, she breathed a sigh of relief and strolled over.

"Boss, you went to bed at 2 a.m. last night and got up at 8 a.m. this morning. Did you get enough sleep?"

Ye Qiuping half-squatted in front of Chen Yansen, looked up at him, and asked in a soft voice.

Her neckline was slightly open, revealing a glimpse of snow-white skin. She knew that from Chen Yansen's perspective, everything would be on full display, but she insisted on doing so.

Chen Yansen smiled slightly, understanding her little thoughts. He then put down his phone, picked up Ye Qiuping, and walked straight to the master bedroom's large bed, saying with a smile, "I really didn't get enough sleep, I need to take another nap."

It wasn't until 10 a.m. that Chen Yansen got out of bed, looking refreshed, and sat in the back of Ghost's car, instructing Xiao Li to return to the company.

Along the way, you can see Yunsu Express couriers in gray work clothes, Kuaipao deliverymen in orange windbreakers, and ride-hailing vehicles with the slogan "Kuaidi Dache" printed on their bodies from time to time.

This was only late October 2012!
Under his influence, the application ecosystem of the mobile Internet has become increasingly rich, and the three major operators, China Mobile, China Unicom and China Telecom, have launched small-scale TD-LTE 4G network tests to pave the way for subsequent commercial use.

To this end, he also inquired with Zhao Maolin about the issuance date of the 4G licenses, and Zhao Maolin said with certainty that it would be no later than next year.

After all, it's clear to anyone with eyes that the wave of the mobile internet era is unstoppable.

Half an hour later, the car entered the science park, and Chen Yansen got out and walked into Building No. 9.

As I passed the beverage counter, I grabbed a bottle of freshly squeezed mango juice and then took the elevator to the top-floor office.

Since it's Sunday, the office area is mostly empty except for a few employees working overtime.

Including Pinbei, there were only staff on duty and customer service team members.

I turned on my computer and logged into my email. The first email was a product document from Mike Keller, the chief scientist of the chip design department.

The content includes various core technical indicators, such as computing power, power consumption, manufacturing process and interface standards, as well as information on core architecture, algorithm model, cost estimate, and development cycle.

The company had only been with them for a week when they completed the product requirements for the AI ​​chip and transformed them into rigorous technical specifications, demonstrating their exceptional capabilities.

Mike Keller is an Ivy League graduate who joined AMD 15 years ago and was deeply involved in the development of the Athlon K7 processor. He later became the chief architect of the K8 and joined Apple nine years later, leading the team to develop the A4 and A5 chips.

Within Apple's chip division, his rank and status are second only to head Johnny Srougi, and his skill level and industry influence are comparable to those of a senior principal engineer at Qualcomm.

However, that's all in the past. Now, the other party is the chief scientist of Orange Technology's chip department, and also Wu Shengyu's direct superior, responsible for the development of the Tiangong T100 AI chip. When Lao Wu learned that his new boss was Michael Keller, he was completely stunned!

Michael Keller is a well-known figure in the North American chip industry. Perhaps in another five to eight years, he will have the opportunity to be promoted to chief scientist, or even become the head of Apple's chip division.

Is the other person crazy, traveling all the way to China to work?
What is he planning?
Wu Shengyu was completely baffled!
I just can't figure it out!

Little did his family know that after living in the United States for nearly twenty years, his sudden resignation from Qualcomm and resolute return to China were equally strange in their eyes.

Chen Yansen dragged the mouse and quickly scrolled to the last page of the document. Including the main chip, memory and storage, WiFi and Bluetooth, microphone and other modules, the material cost was around 20 US dollars.

While it appears to be more expensive than the current TI OMAP 3630, the Tiangong T100 integrates the CPU, NPU, DSP, Wi-Fi and Bluetooth communication, and audio codec into one unit, saving at least 50% in costs.

At that time, material and production costs can be reduced to around 200 yuan, and the price of the Alexa smart speaker can be reduced to 89 US dollars (499 yuan) or even 79 US dollars (399 yuan), thereby significantly increasing shipments.

He knew that Amazon had launched the Echo smart voice assistant function and planned to develop a smart speaker product based on Alexa, but he calculated that even if Amazon strictly controlled the supply chain, the other party's material cost would not be less than $70 per unit.

In addition, costs such as production, labor, transportation, sales and after-sales service must be taken into account, so the selling price will definitely not be lower than 150 US dollars!

But Chen Yansen wasn't worried at all!
Because by the time the Echo smart speaker was released, the Tiangong T100 chip would already be available. If Bezos dared to sell it for $149, he dared to sell it for $89, treating the smart speaker as a mass-market product.

at the same time.

The competition among Tmall, Pinduoduo, and JD.com for the Double Eleven promotion is intensifying. They are employing a variety of tactics to attract traffic and customers, including simple and direct red envelope promotions as well as endless category coupons.

A Taobao user complained on Weibo that he hadn't placed a single order, but his account had hundreds of coupons, ranging from store coupons to product coupons and category coupons—the list was endless.

JD.com users have similar complaints, saying that coupons are just as numerous as the platform's tricks, and they stay up all night every day to grab coupons, afraid of overpaying.

Pinbei is an exception, as it mainly offers subsidies and red envelopes with no minimum spending requirement, and rarely bombards users with coupons.

Even when it's only offered occasionally, users can sense the sincerity behind it, unlike coupons from JD.com, Suning, and Taobao, which are riddled with various restrictions.

At 2 PM, Suning was trending on social media for being criticized.

The reason is that the scope of the coupons for the '0 yuan purchase' event is getting smaller and smaller. Most small home appliances are out of stock. Currently, only food, alcohol and cosmetics are left, and they are mainly white-label products, which makes people lose interest in placing an order.

Suning, however, has been slow to replenish its stock!
The user's purchased mobile phones, computers, or home appliances have arrived, but if they want to return them, they have to bear the shipping costs themselves. The user, who felt tricked, finally realized what was going on and became furious, cursing loudly.

The complaint hotline of the Jinling Market Supervision Association has been overwhelmed with calls!

Upon seeing this, Liu Qiangdong immediately posted a sarcastic remark on Weibo: "Some competitors, if you can't afford to run an event, you don't have to, but what's with deceiving your users?"

Huang Zheng is even more ruthless than Dong Jianlin, joining forces with Yunsu Express to distribute 10 yuan no-minimum-spend express delivery coupons to Suning users.

Simply upload a screenshot of the return from Suning on the Pinduoduo activity page.

The implication is that you can confidently request a refund and return the goods!
"Erhu idiot! Is Huang Zheng out of his mind? How can he do business like this?"

After seeing Liu Qiangdong and Huang Zheng's Weibo posts, Zhang Jindong's face turned pale and then green, and he wished he could smash the two of them to death with a brick.

His first instinct was to take out his phone and call Chen Yansen.

Suning and Pinduoduo have always had a good relationship. Orange Technology opened a flagship store on Suning, and Suning Appliances also joined the Pinduoduo Mall. However, Huang Zheng did not give them any face at all. What does this mean?
Do you no longer want to cooperate with Suning?

But then he thought, if Chen Yansen hadn't given his approval, would Huang Zheng and Liao Wei have dared to do this?
To put it bluntly, the person who really wants to steal Suning's customers is that bastard Chen Yansen. Calling him will only humiliate you.

In a fit of anger, Zhang Jindong wanted to terminate his business partnership with Pinbei, but he hesitated for a long time and could not make up his mind.

Firstly, they are reluctant to give up the traffic and sales output of Pinbei Mall;
Secondly, they feared retaliation from Chen Yansen.

Faced with Chen Yansen's vengeful nature, Zhang Jindong had to be cautious. What if Pinbei focused all its efforts on large appliances? Would Suning still be able to survive?
Ten minutes later, Zhang Jindong let out a long sigh, then squinted and cursed, "Does Liu Qiangdong really think I'm afraid of him?"

After saying that, he immediately summoned the head of Suning's e-commerce department to redeploy the Double Eleven promotion schedule and launched a super group-buying event targeting JD.com's advantageous product categories.

The products include 3C digital products, large appliances, and small appliances. The price tags blatantly state that they are 200 yuan cheaper than JD.com, 140 yuan cheaper than JD.com, and 270 yuan cheaper than JD.com.

At first, users didn't believe it, but after copying the title and comparing prices on JD.com, they found that the data was real!
Netizens' stance changed instantly!
It's worth noting that Liu Qiangdong confidently stated that "JD.com's large appliance business will not be profitable for three years," yet right now, Suning's super group-buying deals are tens to hundreds of yuan cheaper than JD.com's.

The user immediately felt a sense of anger at being fooled!

The comment section of Liu Qiangdong's Weibo account was quickly flooded with messages of greetings from all of Liu Qiangdong's friends and family.

In fact, the reason why Suning's super group buying deals are so low is entirely due to platform subsidies.

Liu Qiangdong had his own unspoken grievances. He had worked his way up from the bottom, working his way up from the bottom, and he knew all too well that people's hearts were unpredictable. But fortunately, dealing with such situations was relatively simple.

With a wave of his hand, Liangzai Dong chose to follow Suning's super group-buying event. As long as the products are of the same brand and model, they will be 10 yuan cheaper than Suning's.

The netizens' anger came quickly and went away even faster!

Three minutes ago, they were calling him "Po Jie Dong" and "Da Qiangzi," but now they've switched back to calling him "General Manager Liu," "Brother Dong," and "Price Butcher."

Liu Qiangdong has realized that users have no loyalty whatsoever, and it's very difficult to retain users.

For a moment, he sat in his office deep in thought, pondering operational strategies to enhance user stickiness and retention.

the other side.

A business financing news item made it to the front page of Yahoo!: Music streaming giant Spotify completed a $1.4 million Series E funding round yesterday, valuing the company at $28 billion post-money!
The content details the background of Senlian Capital and the legendary business experience of its founder, Chen Yansen.

Twenty years old, a junior in college, and a net worth of tens of billions—these three keywords combined generate buzz and traffic!
On Twitter, YouTube, and Facebook, a number of bloggers have even emerged who specialize in compiling statistics on Chen Yansen's net worth.

Pinbei is valued at 220 billion US dollars!
Orange Technology is valued at $200 billion!
Yunsu Express is valued at US$180 billion!
Kuaidi Dache is valued at $35 billion!
KuaiRun is valued at $20 billion!
Gaode Maps is valued at $12 billion!
Most of the companies that could be included in the statistics had received funding, but the bloggers in North America could not find reliable data to support the valuations of subsidiaries such as Orange Phone Factory, Today Technology, and ByteDance.

A simple calculation reveals that Chen Yansen's net worth exceeds 500 billion US dollars, immediately sparking heated discussions in the United States!

(End of this chapter)