Reaching the age of thirty, my income randomly doubled

Chapter 677 Mobile Market_3



It all requires time.

The money he prepared for the mobile phone is roughly 160 billion, of which 125 billion has been invested, and 35 billion will be invested in the future.

The reason why he doesn't need to invest too much is because Tengfei AI has already accumulated the most important AI technology resources.

It's still calculated independently; you should know AI is the strategic technology where he invests three to four billion each year.

If you add this money, the annual R&D expenses would be unimaginable.

Not to mention he has nearly accumulated solid-state batteries.

In terms of batteries, in the future, he will have the longest standby time, and no one else can match that.

The accumulation of over a trillion in investments over seven years is definitely not a joke.

With these two trump cards, it's already enough for him to establish a foothold in the market.

Wanting to be number one in everything is simply impossible, everyone has their own advantages.

Just like how Apple won't release a thousand-yuan phone.

No one can surpass Samsung in terms of screens.

It started its development accumulation in the 1990s, suffering losses of hundreds of billions of US dollars over ten years; surpassing it is not something that can be done easily.

With two of his own core trump cards and other first-class technologies, it's definitely enough for him to pry open the current mobile phone market.

After investing in mobile phones, he won't make any big moves in the next two or three years.

All must be successfully digested before looking for the next growth point for the group.

Otherwise, blind investments would be dangerous, which would infinitely increase funding risk.

At least right now he still faces no funding pressure.

He still holds 1% of shares in Microsoft and 4% in NVIDIA.

Along with his current enterprises, generate a stable annual net profit of 18 billion.

Sufficient to ensure he can advance existing big projects without pressure, including core technology, over the next three years.

In three years, his entire group's technological accumulation will definitely reach an entirely new height.

As for the development of those two mountains in Golden Mountain, including customizing the world's largest ocean liner, there will be no pressure on him.

He completely has the funds independently to accomplish this.

Since he devoted hundreds of billions to investing in the mobile phone industry, more and more people have come to him for collaboration, even asking him to acquire their companies.

Unfortunately, Chen Pingsheng declined them all.

He also directly announced, that there will be no major project investments within the next three years.

Everyone can understand, as indeed he has taken out a lot of money this year.

Whether it's creating the world's largest cruise ship, developing a six-star hotel between two mountains, investing hundreds of billions in mobile phones, or acquiring Wanda Plaza.

Any single move here couldn't be completed without hundreds of billions.

He did them all within a year, the next three years can only be quiet or even restorative.

Luckily, his funding capacity is large enough to accomplish everything within a year.

The most important is still his AI technology, requiring three to four billion investments each year, which pulls him to be quiet for three years.

Days go by swiftly, and it reached November.

Teng You Media reaches a market value of five hundred billion, becoming the undisputed number one stock in the domestic short-video entertainment sector.

This is equivalent to pulling the entire entertainment sector up in an adverse market.

And Tengying Entertainment's market value also returns to over One hundred billion.

He suddenly has more than six companies with a market cap exceeding one hundred billion under his umbrella.

They are Antler Coffee at 16 billion USD, Tengde Era at a market cap of 350 billion, and Tengying Entertainment over one hundred billion.

Also, over 4200 billion for Tengfei New Energy, and then there are unlisted ones like Wanda Plaza, Tengchao Commercial Management, etc.

The group has become incredibly strong within this year.


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