Starting out as a drug dealer in 1988

After listening to Chen Weiye's introduction, Zhao Wenhao temporarily fell into thought.

In terms of memory research and development, there is still a big gap between domestic technology and that of advanced countries.

In addition, the idea that it is better to buy than to make is rapidly spreading. Many domestic research and development units have stopped investing in this area and turned to importing directly from abroad.

This has led to a bottleneck in domestic technological development. If Hengyuan Electronics wants to achieve a breakthrough in this area, it will need to invest a considerable amount of manpower, material resources, and time.

If it was just a matter of funding, Zhao Wenhao felt it would be easy to solve.

What he feared was that even if he invested a lot of money, he might not be able to succeed in the end.

After all, scientific and technological research and development is a job full of uncertainty and risk. Even if a lot of resources are invested, there is no guarantee that the expected results will be achieved.

Moreover, the difficulties and challenges in the R&D process may be beyond imagination, leading to project delays, cost overruns or even failure.

In addition, if the R&D team lacks experience or technical strength, it will be difficult to stand out in the fiercely competitive environment.

Therefore, before deciding whether to invest in R&D, it is necessary to carefully evaluate various factors and make adequate preparations.

Otherwise, it is easy to cause huge losses.

Zhao Wenhao tapped the table with his fingers, frowned slightly, and his eyes revealed a thoughtful look.

"Mr. Zhao, if you plan to develop in-depth in the computer field in the future, then the independent operation of some accessories will have a key impact on the long-term development of our company.

Now, the opportunity is right in front of us, and the team led by He Yaohua is undoubtedly the top in the industry.

As long as they are given enough time and resources, I firmly believe that they will be able to make major breakthroughs in technology.

This is not limited to memory, but also to hard drives. &34;

Chen Weiye advised.

However, Zhao Wenhao did not respond immediately and continued to remain silent.

Seeing this, Chen Weiye was extremely anxious and hurried forward to persuade him: "Mr. Zhao, how about this? Let me have another in-depth communication with He Yaohua."

If you are willing to invest, how much money do you need to invest? In addition, what kind of support and conditions do He Yaohua and his team expect?

Zhao Wenhao finally raised his head, staring at Chen Weiye, and expressed his opinion at the same time: "Weiye, I understand your feelings, but this matter is of great importance and cannot be decided hastily.

How about this, you go talk to He Yaohua first and find out his specific plans for the project, the market prospects, and the resources required.

We'll discuss this further when we get back. After all, investing is no small matter and requires careful consideration of various factors.

If the other party really has ideas, determination, and the corresponding technical strength to overcome this difficulty, then Zhao Wenhao is fully willing to try it together and increase investment in areas such as memory and hard drives.

But if the other party is just full of passion but lacks sufficient strength, or just wants to make some money from him and treats him as a sucker, then Zhao Wenhao is not stupid.

No investment decision should be made easily based on just a few simple conversations.

Therefore, Zhao Wenhao felt it necessary to conduct in-depth research and investigation before having a formal meeting with He Yaohua.

Before that, Chen Weiye can continue to keep in touch with them.

After hearing this, Chen Weiye replied without hesitation: "Okay, I'll go again tomorrow."

He has always been a person focused on technology. Although he is now in charge of management work, he always yearns to make new breakthroughs in technology.

The next day, Chen Weiye set out for the capital again.

Zhao Wenhao was caught up in the company's affairs and foreign relations.

He had stayed in Hong Kong Island for so long and had caused such a big incident there, even the provincial government had to use its connections to protect him. He had to give an explanation to his superiors.

In addition, he also began to arrange for his secretary Lu Han to collect various information about He Yaohua's team.

In this way, a week passed quickly, and Chen Weiye returned to Hengyuan Electronics again.

"Have you discussed it?"

Zhao Wenhao put down the pen in his hand, raised his head, and looked at Chen Weiye in front of him with a smile on his face.

Chen Weiye looked exhausted, but his eyes sparkled with excitement. He had just returned from a trip abroad and still smelled of travel.

But when faced with Zhao Wenhao's question, he answered without hesitation: "Yes, we talked about it."

Zhao Wenhao nodded, motioned for Chen Weiye to sit down, and personally poured him a cup of tea.

Chen Weiye took the cup, drank the tea in it in one breath, and then wiped his mouth with satisfaction.

"This time the discussion was more in-depth." Chen Weiye put down his teacup and said to Zhao Wenhao seriously.

Zhao Wenhao nodded again to show his understanding.

Then he waved his hand and asked his secretary Lu Han to go out first to ensure the confidentiality of the conversation.

When there were only two people left in the office, Zhao Wenhao asked, "Tell me more about it."

Chen Weiye took a deep breath and began to describe the details of the negotiations with He Yaohua's team.

He mentioned that as early as last year, He Yaohua's team had made some important breakthroughs in memory technology. If they had sufficient funding at the time, they could have successfully developed a 64K memory stick within a year.

Hearing this, Zhao Wenhao couldn't help but frown.

Today's win95 operating system has been released, and the memory capacity required for computers must be at least 2M. However, 64K of memory obviously cannot meet market demand and lacks competitiveness.

Chen Weiye shook his head and did not agree with Zhao Wenhao's opinion.

He continued, "64K of memory is indeed not enough for computer applications. Even if two more sticks were plugged in, it still wouldn't drive the system smoothly. But this was their breakthrough from zero to one. With this foundation, the subsequent development path became much smoother."

Zhao Wenhao is not very clear about the technology in these areas, but since Chen Weiye, the technical director, thinks it is good, he will of course trust it.

"If we want to invest, how much do they need? What other conditions are there?" Zhao Wenhao continued to ask.

"The initial funding is 1800 million, which they will use to establish an independent laboratory. The second round of funding will support their research and development, which will cost about 2000 million. They are confident that they can develop 64K memory within a year.

In the future, continued investment will definitely be needed until the memory research and development that meets the needs of the existing market is completed and put on the market.

However, they cannot guarantee the specific time node.

As for the personal conditions, He Yaohua meant that if the products they developed could meet market demand in the future, then their team would need to own 60% of the shares.

Chen Weiye secretly glanced at Zhao Wenhao and said a little embarrassedly.