Chapter 681: Things turn black when they’re near the ink Part One (1/2)

Lin Dong looked at his brother Lin Hu and asked curiously, “What’s wrong?”

Lin Hu was embarrassed to speak up, so Mother Lin beside him sighed and said, “You know how technology companies burn a lot of money in research and development. Just look at the domestic cell phone companies, independent research and development on processor chips would cost billions of dollars. Your brother’s company does not intend to enter the cellphone industry, but appliances also need large-scale research and development, which costs a lot, and although there are government fundings, it’s nothing compared to what the actual cost is.”

Lin Dong understood, and he looked at Lin Hu as he said, “It seems like Bureau Director Liu had mentioned this to you the other day, right? He seems to have told you that developing the software and hardware is very costly, and you wouldn’t listen.”

Lin Hu laughed bitterly. “How would I know that it would be so consuming. Originally, I thought of not doing independent research and development, like for cell phones or home appliances, and we could rely on other companies and parts suppliers to assemble products. However, who knew the profits were so low. We joined after, and there was no way to get lower prices from the parts suppliers, which indirectly raised the cost. Then regarding the sales, the price was not as competitive in promotion events, and that led to the fact that it’s only been the first round of production, and we don’t have much free cash value. I think this wouldn’t work, so we intended to return to independent research and development, but who knew that just the machines and tools had cost tens of millions of dollars, not including the late R&D costs. I simply don’t have any money in hand.””

Lin Dong understood.

“I see, brother, You’re saying that you want to borrow money from me, right?”

Lin Hu smiled bitterly with embarrassment.

His mother spoke up. “You two are brothers, don’t be so distant to each other. It’s your brother’s first time investing, and determination is a good thing worth encouraging. Besides, everyone could fail when making investments. Little Dong, this money is draining our family’s savings; if I had another way, then I wouldn’t have brought your brother here.”

“Mom, but as you said, this R&D cost is a bottomless pit. Where am I going to get so much money for my brother?” Lin Dong said in a slightly probing manner.

Mother Lin said, “This new product of the Mandala Lab, I heard that the orders are numbering in the tens of thousands. I’m guessing that the revenue is more than a billion, right?”

Lin Dong smiled bitterly. “Mom, this money belongs to the company. It’s not mine and it’s illegal if I use it.”