boyutpedia Chapter 1230 [Slow is the fastest]
Chapter 1230 [Slow is the fastest]
Chapter 1230 [Slow is the fastest]
Qin Feng analyzed issues related to major automobile manufacturers with Fang Hong in a very systematic way. He not only analyzed BYD, but also European cars, Japanese cars, domestic joint venture cars, etc., and gave a systematic analysis and his own deep understanding.
In fact, he is already an expert in the industry, and it is modesty for him to say that he is a novice just starting out.
At last, Fang Hong smiled and said, "The gameplay you mentioned about BYD can be summed up in one sentence. After the iteration of underlying technology began to slow down, it began to mass-produce mature technology products, and then used its low-price cost advantage to crush its peers."
Qin Feng couldn't help but be stunned when he heard this. Although the big boss didn't talk much, he hit the nail on the head as soon as he opened his mouth, and his words were simple and direct.
After a while, Qin Feng nodded and smiled, "That's indeed the logic. Use DOE to quickly iterate to the lowest cost and highest cost-effectiveness when the technology is mature, infinitely close to the theoretical extreme value, and then use price to crush peers. If this is a business war strategy, it can be called an open conspiracy."
Qin Feng further added: "If peers do not iterate or iterate slowly, they will lose money if they lower prices. If they do not lower prices, they will lose market share. In terms of iteration speed, large companies with deep accumulation have more advantages, but it is difficult to surpass the past. Of course, this can only be done when the technology is mature."
Hearing Qin Feng's words, Fang Hong couldn't help but recall some memories from his previous life. Xiaomi's announcement of entering the automotive field was a typical case as Qin Feng said. At that time, when Lei Jun's new car was about to be released, friendly competitors counterattacked with a big move and drastically cut prices.
This operation really put Lei Jun and Xiaomi in a hot position, putting them in an awkward situation where they could not advance or retreat. The question facing Lei Jun is whether he should choose market or profit.
If you want the market, you have to lower prices along with your competitors. The more you sell, the more you lose. Cars are a money-burning business. Whether you can afford it is a big question. Whether investors are willing to continue to provide financial support to Xiaomi is also a big question.
If you want to make a profit, just don't lower the price. Not only is it embarrassing, but consumers may not buy it.
Obviously, this is what Qin Feng said, that if competitors do not iterate or iterate slowly, they will lose money if they lower prices, and if they do not lower prices, the market will be snatched away, and it will be difficult to compete with them in terms of iteration speed.
The automobile industry and the smartphone industry are not on the same path. Xiao Mi wants to replicate her success in the smartphone industry in this circle. Like a rookie, she enters this big world and wants to get a piece of the pie.
But without divine power and a strong man falling from the sky, and without the halo of the protagonist, she might really be eaten to the point where not even a bone would be left. Losing money is a secondary concern. If this affects Xiao Mi's direction of progress, it might be the beginning of her decline.
In comparison, Yadi, an old veteran, has been practicing in seclusion for many years, accumulating technology step by step, and has not been overly aggressive in seizing the market. It is not that it will not take action, but that once it takes action, it will really do it like Qin Shi Huang, sweeping the world, and wants to win steadily.
Qin Feng's current thinking is basically the same. Fang Hong also approves of his understanding and arrangement of this industry in the past two years. Even though Xingyu Technology has spent hundreds of billions of dollars in the past two years without even seeing the shadow of a car, this is the result of his retreat to cultivate his internal strength.
Xingyu Technology is not a rookie and knows its own strengths and weaknesses. It started late in this industry and has a gap with veterans like BYD. It also has no plans to make aggressive layouts or rush to grab market share. It is not easy for Xingyu Technology to establish its reputation, and the hasty launch of products will damage the brand's reputation and brand name, which will cause greater losses.
You have to know that Xingyu Technology has accumulated brand heritage through its smartphone business. This brand now comes with a lot of traffic. The product launch is bound to attract much attention and even the attention of everyone. This is something that the new forces in car manufacturing cannot compare with.
Qin Feng also knows this, so he cannot rush for the sake of rushing. The correct way to do it is to learn from the old hand BYD. Generally, he does not take action, but when he does, he must do it in an extraordinary way. He should take his time and not be in a hurry, and proceed step by step.
The fastest way is to take it slow.
But then again, just because Qin Feng can play like this doesn’t mean others can do it too.
The most important point is that he has the support of Fang Hong and Qunxing Capital. Not every person or capital institution is willing to listen to you taking it slow and burning so much money. Other capitals are certainly not happy or willing to do so. They prefer to see quick results, tell a story, draw up a blueprint, raise the stock price, and then cash out and withdraw.
But Fang Hong is willing to take it slow and not pursue short-term benefits. He can also provide Xingyu Technology with continuous and large-scale capital transfusions, allowing Qin Feng to proceed slowly and steadily, practice internal martial arts, and focus on the principle of "if you don't fly, you will soar into the sky; if you don't sing, you will make a sensation."
Without the support of Qunxing Capital, the big brother behind Xingyu Technology, and without Fang Hong's recognition and patience, Qin Feng would not be able to succeed.
It is really too expensive. The profit of Xingyu Technology itself is not enough to cover it, because other businesses need to be developed, and there are more businesses that burn money. The mobile phone business has to continue, and VR headsets will be developed soon. In the long-term planning, brain-computer terminals are also continuously invested.
So many money-burning projects are being rolled out almost simultaneously, and the main business of smartphones is stuck and cannot be mass-produced. Under such circumstances, without the support of its big brother Qunxing, Xingyu Technology's capital chain would have collapsed long ago, and it might face the same fate as Boss Jia and Leshi Auto who will return next week.
It is precisely because of Fang Hong's support and the backing of Qunxing Capital that Qin Feng has no worries and can devote all his energy to seclusion and cultivating his internal strength.
At this time, Fang Hong looked at Qin Feng and asked, "What kind of path do you plan to take for Xingyu Technology's cars?"
Hearing this, Qin Feng said without hesitation and firmly: "Industrial large model!"
Fang Hong said succinctly: "Tell me more about it."
Qin Feng then said: "Some of Chen Yu's insights from Matrix Quantum have been of great help to me. At the end of last year, we talked privately about the big model, which made us more determined to take this route and build a set of pure visual AI systems that can be quickly transferred from the automotive industry to the robotics industry."
"The industrial large model has more complex dimensional coefficients and more closed data. Once it is successfully cultivated, few people can break it, not to mention being able to defeat all enemies. Its advantage lies in the precise capture and efficient processing of data, which can provide us with more accurate and timely information, thereby helping us make better decisions."
"The application level can also radiate to multiple fields, including automobile manufacturing, new energy, rail transportation, etc. This model can also help us optimize production processes, improve production efficiency, and reduce production costs. In the field of new energy, we can develop more efficient and environmentally friendly new energy products."
"We are still in the initial stage of establishment, and Chen Yu's Matrix Quantum has also provided key technical support. With the continuous accumulation of data and continuous training of the model, its accuracy and reliability will continue to improve over time. I believe this will become one of our core competitiveness in this industry and stand out in the fierce market competition in the future."
……
(End of this chapter)