Chapter 577 Reliance Group

On December 20, before Christmas, Honor Electronics announced that their second smartphone equipped with Android system, Mate 1S, was officially released.

As mentioned before, Honor Mate 1S will support 3G network, and the price of 16GB memory is 45. The price of Mate 1 is lower, and the configuration is higher - Mate 1S has an additional 500,000-pixel front camera.

And among some cooperative operators, if you choose a 2-year 3G package, there will be considerable discounts based on the package price.

For example, at O2 Telecom and T-Mobile Telecom, if you choose the highest-priced 3G package, the price of Mate 1S can be as low as $299!

Therefore, as soon as Mate 1S was released, people lined up to buy it.

In this regard, Apple also responded quickly. They announced that they would launch the 1ne 1 mobile phone, and the original 8G model of IPhone 1 was once again reduced in price.

And announced that they will launch their latest IPhone 3G mobile phone in February next year.

At this time, near the end of the year, the sales volume of IPhone 1 mobile phones has exceeded 1.5 million units, and the sales volume of Mate 1 mobile phones has exceeded 1.8 million units.

Although the mobile phone sales of Apple and Honor Electronics are still far behind those of previous big-name mobile phones such as Nokia, Motorola, and BlackBerry, they already have a certain mass base.

Especially the Mate 1S mobile phone, because it coincides with the Christmas season, the busiest sales season of the year in Europe and the United States, its sales are stronger than that of the Mate 1. In just 3 days, more than 500,000 units have been sold, which is very scary.

This is why Apple is so anxious.

From the previous "OEM" to the current world-famous mobile phone brand, Honor Electronics has also developed rapidly during this period of time.

And more importantly, the industry chain integration they have carried out through industrial investment in China has basically achieved results - in Mate 1S, the proportion of "domestic" mobile phone components used is higher than that of Mate 1 A big improvement.

However, the two most important components of mobile phones, namely chips and touch screens, still need to be imported.

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Similarly, before Christmas, SEM Group, which had just announced its acquisition of Reuters Group, announced that its subsidiary Summit Media would acquire Stuart Media, a well-known British program production company, for 500 million pounds.

Before this acquisition, SEM Group already held 30% of the shares of Stuart Media. SEM Group will issue new shares to acquire 70% of Stuart Media held by Bonnie Capital controlled by Bonnie Cavendish. Special Media Co., Ltd.

In this way, Barron's wife Bonnie became one of the shareholders of SEM Group.

At present, Stuart Media has produced well-known variety show series such as "Strictly Come Dancing", "Sparkling Life" and "Britain's Got Talent", and the copyrights of these programs have been bought by many overseas TV stations, and related TV series have been produced. program.

The reason why Bonnie decided to sell Stuart Media to SEM Group was because she no longer had much energy to lead the company's specific operations - while in Australia, Bonnie found out that she was pregnant again.

Yes, she is pregnant with her second child, so in the future, she may not have much time to run Stuart Media. In addition, after the completion of the Media City project in Manchester, including Stuart Media Many companies, including Stuart Media, were moving there, so after careful consideration, she accepted Barron's suggestion and sold Stuart Media to SEM Group.

After handing over the management of Stuart Media to her deputy, Bonnie Cavendish will serve as a director of SEM Group in the future and will be responsible for part of the program production affairs.

After the acquisition of Stuart Media, Summit Media's related program production business will be merged with it and belong to Summit Studio. This has greatly enhanced Summit Media's program production capabilities and also has more variety shows with ratings appeal. Program IP.

While Bonnie and her cousin Countess Chris stayed in Australia for vacation, Barron and Earl Bute had left Australia and went to Asia.

The Devonshire landed at New Delhi Airport, and Indian Minister of Commerce Jaylen Ramisch personally greeted Barron and his party at the airport.

After the welcoming ceremony, the convoy coming off the Devonshire, escorted by the Indian Mounted Police, went directly to the Prime Minister's Office, where Indian Prime Minister Manmohan Singh will meet with them.

The reason why there is such a big battle in India this time is not because of Argent Real Estate Group's investment in Mumbai, India - after all, their investment scale here is still relatively limited at this time.

The main reason is that United Energy Group, owned by Barron, will cooperate with India's Reliance Industries to build the world's largest refining and chemical project in Jamnagar, India.

In this project, United Energy Group and India's Reliance Industries will each hold 50% of the shares. After completion, it will reach a scale of 1.3 million barrels per year (62-65 million tons per year). This is the largest oil refining project in China at this time. triple the scale of the project, and the petcoke/coal gasification polygeneration project to be constructed this time will also become the largest gasification project in the world.

Reliance Group, which is cooperating with United Energy Group this time, is India's largest private conglomerate.

Dhirubhai Abani, the founder of Reliance Group, founded Reliance Commodity Trading and Export Company in 1958 and became a billionaire from scratch.

He passed away in July 2002, and his son Mukesh Ambani took over the Reliance Group. After that, Reliance Group's position in energy production, finance, and biotechnology was not only consolidated, but also became one of the main players in the Indian telecommunications industry. one.

According to Time magazine, in 2003, Reliance's revenue was US$16.8 billion, accounting for 3.5% of India's GDP that year.

At this time, Mukesh Ambani, the chairman of Reliance Group, has become the richest man in Asia many times and is a frequent visitor on the rich list.

In fact, from the beginning, Reliance Group hoped to build a very large refining and chemical project in Jamnagar, India's largest refining and chemical base, and has been looking for partners for this purpose.

Finally, after United Energy Group negotiated with them, the project was finalized.

The total investment in this project will exceed 4 billion US dollars, jointly funded by both parties. After the project is completed, it will be able to digest a considerable part of the crude oil produced by United Energy Group, and sell petroleum refining products to surrounding areas with India as the center. .

You must know that, like China, India is also an energy importing country with a huge market, and after acquiring Unocal, United Energy Group has considerable oil and gas reserves in Southeast Asia and the Caspian Sea. They also plan to successively invest in The oil and gas resources in these places are exploited.