Chapter 1238 The Hardships and Difficulties of Basic Research and Development

What was originally a serious and lively celebration banquet suddenly turned into a festive one.

Wu Tao held the champagne and escaped from the crowd. On the other side, the dazzling Fujiwara Reina immediately got rid of the entertainment in her hands and took the opportunity to come over.

After clinking glasses with a jingle, Wu Tao looked at the other person's figure with admiration and said: "You are very beautiful today!"

"Oh~" Fujiwara Reina exclaimed with a flattered look on her face, her seductive red lips forming a big O-shape, which made people think about it, "Really, Wu Sang?"

Wu Tao raised his eyebrows, "Of course, haven't I praised you before?"

"No." Fujiwara Reina turned around and presented the beautiful scenery to Wu Tao's eyes.

This is really a bit overwhelming.

Wu Tao looked away, took a sip of champagne, and immediately changed the subject, "The negotiation was well done. From now on, ARM will belong to your Mitsui Consortium's industry. Seize it, and it will be inseparable from your semiconductor industry strategy." Let’s drive you.”

"It's all Wu Sang's teachings." Fujiwara Reina became even more emotional, "Wu Sang's cultivation and help to Reina, Reina will never forget it." After saying that, her fragrant tongue subconsciously slid across the red and soft lips.

It's really tempting.

However, Wu Tao pretended not to see it, and what was even more terrible was that David had already separated himself from the group of fanatical founders and pulled two blond girls from who knows where to have sex with him.

Herman, Chris and the others turned around, with red eyes, carrying champagne, and approached Wu Tao again.

It is clear that he has the attitude of "Father and mother are not relatives of China and Wu".

Wu Tao was so frightened that he didn't even bother to say hello to Fujiwara Rena and quickly ran away.

However, as soon as the celebration party started, the venue was so big that he hid in the bathroom for a while, but was still caught by Chris when he came back.

Chris seemed a bit mean at first, with academic fanaticism and paranoia in his eyes, but after a few heartfelt words, Wu Tao felt that this man was a sincere and straightforward paranoid.

This is no problem.

Wu Tao listened carefully to the other party's English emphasis with a slight accent. He could still understand most of it, and it sounded joyful.

Until Chris was talking, he suddenly burst into tears, "Mr. Wu, it's hard to make chips, it's hard to sell chips, and it's even harder to license and promote chip IP. It's really difficult for us at ARM..."

What the hell is this...?

Being told this by such a chip boss who will ship hundreds of billions of chips in the next year, Wu Tao suddenly felt funny and couldn't help but laugh.

If he hadn't been worried that being so rude would offend Chris's self-esteem, Wu Tao would have laughed on the spot.

After resisting the urge to laugh, Wu Tao looked back and thought about it carefully, and immediately understood Chris's mood at this moment.

Indeed, from an all-knowing observer, ARM's success seemed easy.

However, in fact, every step of ARM from its initial establishment in a barn to its development and listing has been quite difficult.

It was originally designed as a desktop-level chip, but was beaten down by Intel as soon as it was launched. Until the early 1990s, it had to change its niche and launch the desktop PC market.

But at that time, the market beyond desktop PCs was unclear.

Can you imagine how much courage it takes for the founders of ARM to dive headfirst into this blue ocean?

Facts have proved that even an emerging market with a blue ocean is not a smooth road with wind and rain.

And until now, Intel doesn't care about this market, which is evident.

So in that case, ARM's founding team had to use IP licensing to lock in their own revenue and maintain the company first to ensure its survival.

Later, IP licensing was accepted by more and more companies, ARM's revenue improved, and it was successfully listed, showing great potential and value.

Even so, there is still confusion in the eyes of Chris and the others.

After all, the revenue from IP licensing is too meager. Especially when the market share is not high, the asking price cannot be high in many cases.

It's normal to feel doubts and confusion when watching others suddenly release a hot-selling chip and become popular, while you only get a meager buyout fee.

Subsequently, coupled with Apple's sudden sell-off and exit, the mentality of the founder team became increasingly unstable.

Until Mitsui Consortium offered an olive branch...

It is really not easy to engage in basic research and development, especially for such basic products that are thousands of miles away from the market!

Thinking of this, Wu Tao suddenly felt unbearable. Entering the venue at this time was indeed like picking peaches.

Of course, if you can’t bear it, you can’t bear it.

Wu Tao was stunned. He took Chris to clink glasses and said: I understand you.

Chris suddenly felt a surge of emotion that said, "Those who regard him as a confidant will die." Wu Tao was stunned for a moment before he realized that this guy might have misunderstood him again.

In fact, it is normal to get the wrong meaning.

In the view of Chris and others, the acquisition of the Mitsui Consortium and the cooperative support of Yuanqi Technology are an excellent opportunity for ARM to take off.

They definitely would not have thought that the Huaxia Wu next to them had already spotted the potential of the mobile chip market and was certain of their development and rise.

In fact, Chris is not the only one who gets it wrong.

Even Herman and others who gathered after hearing the sound were extremely moved, and they enthusiastically clinked glasses with Wu Tao to express their gratitude over and over again for being recognized and understood.

It was already half an hour later when I was separated from Chris and the rest of the crowd again.

Liu Ruoxi suddenly appeared and promptly brought him a glass of lemonade. She sighed and said, "Boss, it's really hard for you!"

Wu Tao was drinking lemonade and almost burst into tears when he heard this: Yes, it's too difficult for me...

But why do you want to laugh so much?

However, this funny mood did not last long, and was broken by the elusive David.

"You can't see it. The cunning Chinese people, as speculative capitalists, have obviously taken a lot of advantage, but they let these technical paranoiacs be grateful to you. Such a clever method, and the ancestors of our Rothschild family, really Very similar!"

Peers look at each other with disgust.

Wu Tao was originally a little annoyed with this person who thought he was a descendant of the Rothschild family, but since the other party raised him to the same level as his family ancestors, he had no choice but to accept it.

"It's an honor to receive your compliment, Mr. Rothschild!"

David didn't understand the implication of these words, and still gave him a thumbs up and said: "You deserve it, Wu, because we are the same kind of people."

Wu Tao had a smile on his face and MMP in his heart: Well, since we are the same kind of people as your ancestors, it is no problem to be the same kind of people as you.