Qualcomm James: Where is the next wave of mobile internet entrepreneurship?

Intermediary transaction SEO diagnosis Taobao guest Cloud host technology Hall

August 29, sponsored by Qualcomm, the entrepreneurial state of the "change tradition, the next opportunity for mobile Internet" forum in Beijing Marriott Hotel successfully concluded, Qualcomm company vice president and Qualcomm Investment Department of China General manager James, Sequoia Capital China Fund partner Kui, IDG Capital Vice President Yue Bin, Sequoia Capital China Fund vice President Cao Yi and other investors and Broadlink CEO Liu Zongru, Philharmonic CEO Pan Pengkai, easy to use car CEO Zhou Ai and other guests attended and participated in the discussion forum.

James, vice president of Qualcomm and China general manager of Qualcomm Investment department, delivered a wonderful speech on the scene of the next wave of innovation at the mobile Internet as a review of the last wave of entrepreneurial boom and the prospect of the next wave of entrepreneurship. James that the last wave is mainly in these three aspects, the first is the Internet in the mobile area of the extension, today we are on the smartphone, if we are still looking at Youku, Taobao, on the east of Beijing, is actually PC Internet extended to the mobile end. The second aspect is the application of personal tools, such as we look at the weather, we take photos of the United States Mito, there are flight butler, and so on, and of course, personal entertainment, that is, we currently discuss a lot of hand travel, based on intelligent terminals it is a communication tool, but it is the information We have a lot of communication in the past a variety of means of multimedia, so we see today's micro-blog, micro-letter, etc. are based on such communication and social, such a demand to provide services to everyone.

And the next James think moving it as a force, it can change or we say to subvert many of our existing industries, here is just a few examples. For example, advertising in this industry, mobile advertising is a very clearly defined business, in this regard, there are many companies to start, we as investors also do this investment. Payment and finance, recently this topic, Internet finance is also relatively hot, but as a means of payment, this should be said to have developed gradually mature, a few years of development trajectory. There were a number of small companies that started their business in the area of mobile health last year, health I think is one of the areas of particular concern to us, in terms of GDP, is also a very large industry, in this regard we think there must be entrepreneurial investment opportunities, of course, the transport industry is also a closely related to our life industry, So this is what we think mobile can change the industry, we feel the earlier start of an industry. This is only a schema, not to say that these four industries are our passion and attention, and so we will also talk about, for example, the education industry, smart furniture industry.

At the same time, James that if we want to succeed in this industry, we should pay attention to a few points: the first is the standard, our colleagues will share a so-called IoT OS, why is the OS so important now? In fact, there's no Android OS, and I don't think smartphones and apps in China can be developed today, We and the Microsoft people often jokingly discuss, if you charge, all of a sudden the industry chain and user groups set up a huge threshold, you say no charge, I free, free also have free, but let you sign the business contract will be 35 months, approval for six months, then you can bear it? Under the Android system, Very suitable for China's national conditions and opportunities for vigorous development. So the standard, the first to be unified, the second to open source, so I think this is one of the elements of success. Second, to find a new use of the scene, just to say that the Internet to send some content, or not enough. Third, we still stick to the mobile phone as the center. What is mobile-centric? We've got a picture, so let's see, it's a imagine, when you get home, this is your home, there is a color TV, there are some other electrical products, if you take your smartphone, you can control the TV on your screen, you can control your air-conditioning, You can also play multimedia and so on, so we are talking about the mobile phone as an interface to control our family.

Another multi-screen interaction, cloud is also a very important success factor. Here to give you a schematic, here is a TV, we have pad in hand, these content can be unimpeded sharing, this sharing can be a key to share? This is what we do, and I think that's what consumers love.

Finally, Shen Jin gave some of his views on wearable equipment, he said: "Our first mobile terminal is not mobile, it looks like this category, and wear is as a kind of attention, but also some good results." Health bracelets are clearly one of the best small classes currently in development, when I finish, Kui will share his guide to the mobile Internet, the Sequoia and the two of the three leading brands we've put on health bracelets, except that the one in the middle is Nike, and we voted for the left home Fitbit, Sequoia they cast a jawbone. We looked at Fitbit's financial data, innovation in the hardware we have a further understanding of hardware companies, they are very low price/earnings, there are many good Taiwanese-born electronics consumer products, we found that today, to do this type of terminal category they have a new environment, there are new practices, The revenue is very good, the development speed is also very fast, previously we thought that only the internet can grow by 200 a year, the hardware may be only 20%, but now it seems I do not know jawbone their speed, but when we look at Fitbit, they grow very fast. I think millet should still be counted to this type.

I think it is not a good summary, I think today we are going to do hardware, one is to fashion, to play the brand, this is our Chinese enterprises are weaker, we are willing to do low-cost, but I think low cost is not the most important factor.

Finally repeat my point of view, the first, mobile phone center theory, all things will revolve around the mobile phone, must have this idea, I think entrepreneurship will find an accurate direction. The second, the mobile standard theory, why do you say so? Now that we're looking at all the other consumer electronics, we can't help but compare it to our phones, and if a thing looks good, uses it, and has a big gap with the phone, we'll resent it. So the fashion appearance is how to come, I get the millet box, I look, I said this is a game, people also sent me other boxes, other boxes long or the appearance of the PC era, square, Millet came to a small plug-in such things, small remote control, stylish appearance will be invisible and the appearance of the mobile phone than , the second to real-time connection, save electricity, always boot, there is a scale effect, this point in China has a very good advantage, just said a lot of is made in China, but China in the use of such a good industrial chain, as if not fully to the size, cost and so on the advantages of the industrial chain to play out.

The forum activities are divided into two themes, one is mobile industry enterprises in the application of entrepreneurial opportunities, several senior entrepreneurs and investors, they stand in education, car rental, security and other areas of their respective deep in the field of analysis and prospects. And in the second thing networking business as the theme of the forum is also very exciting, "entrepreneurial State" magazine executive Editor Fanghao, Broadlink CEO Liu Zongji, Qualcomm Senior senior engineer Wang Xiaoquan, IDG Capital Vice President Yue Bin together to explore the domestic business environment, the development of internet and domestic things, Entrepreneurs looking for things to networking entrepreneurial opportunities and other topics, gave the audience very big inspiration.

After this forum, will go to the entrepreneurial State innovation China Autumn finals, September 11 to 12th, entrepreneurial state innovation China will move to Hangzhou, where the large-scale pioneering team demo show activities, then a number of investment in the industry, entrepreneurial predecessors will be in person to the scene, for the audience and participate in the team to share the experience, Pointing the maze. September 11 12th, Hangzhou, see not scattered.