Chapter 205 The Oriental tycoon stirs up the empire!
"Thank you, Xiya has no debt, absolutely not, thank you!"
Cornet was so excited that he was finally able to cash out and get his money back!
For Xiya and its R&D institutions, Conate has invested nearly 15 million dollars in the past three years!
Not only did they spend all their savings, they even sold the villa!
But no matter how good a product is, it is meaningless without excellent marketing and sales channels.
Xiya was unable to make a profit at all and suffered losses year after year.
If you persist, you will not only lose all your money, but you will also be heavily in debt.
I'm afraid that within half a year, he will be completely bankrupt and become a homeless man...
It's better to sell it directly to Wang Yi for 20 million dollars!
In this way, he not only recovered all his investment, but also earned more than five million dollars!
These three years of hard work have not been in vain, at least they have made a profit!
Coupled with Wang Yi's follow-up investment, the entire R&D organization will be revitalized.
Cornette is still the talker, can still lead the team to continue research and development, and can still get high income and bonuses comparable to Estee Lauder!
Directly from an entrepreneur who was about to go bankrupt, he became the R&D director of Zhenyou with an annual salary of one million US dollars!
From a quasi-tramp to a winner in life!
With such a gorgeous counterattack, Cornet simply won!
And Wang Yi has Xiya’s research and development results, patents, and products.
Xiya's products have also been approved by Europe and the United States. There is no need to develop new products. They can be mass-produced directly by domestic factories and then launched into Meiyou's global channels.
After some more hype, it will go on hot search and go on sale worldwide!
The 20 million dollars spent will probably be repaid very quickly.
What's more, fixed assets such as equipment and premises of research institutions are also valuable.
When the Cornet team develops more products, Wang Yi can earn even more!
It can be said that this international acquisition is a win-win situation and everyone is happy.
Cornette was extremely excited and even more moved:
"Director Wang, you are truly my noble man. Without you, I would have gone bankrupt and become a homeless man. Thank you for acquiring my company and not lowering the price! Thank you!"
Under this situation, even if Wang Yi is only willing to offer 15 million U.S. dollars, or even 13 million U.S. dollars, Cornette will have to sell it at a loss.
But Wang Yi didn’t!
Cornette asked for 20 million dollars, and Wang Yi gave him 20 million dollars.
For being so generous and benevolent, Cornette couldn't be more grateful.
As for the reason, first of all, Wang Yi didn't want to take advantage of others' danger and take advantage of it.
Secondly, Cornette and his team are very important. Wang Yi values them very much and pursues long-term interests.
If he had to spend five to six million dollars to take over Xiya, Cornette would definitely be angry.
It's hard to say about future cooperation.
For the sake of millions of dollars, talents are separated from their moral integrity, and the situation becomes small!
"Director Wang, thank you!" Cornette was very grateful.
Wang Yi waved his hand and said meaningfully: "Qualified businessmen only care about profits. Logically speaking, I should lower the price. However, you are not my competitor, but my right-hand man! I have always been generous to my own people!"
"My right arm is my own!"
Cornette's expression was complicated and full of emotions.
At Estee Lauder, he was the R&D director when he achieved results.
If the new project fails, they will be dismissed and kicked out.
But here at Wang Yi, I actually felt a sense of belonging and human touch!
'This boss is different from the previous companies!'
'What's with this excitement and passion?'
Cornette suddenly understood what it means to be a noble person in life and what it means to be acquainted with someone!
I have made up my mind to develop more and better new products, new products beyond the small brown bottle, to repay Wang Yi!
"Boss, through this entrepreneurial venture, I found that I am still suitable for R&D, and I am not suitable for being an entrepreneur at all. Management is too complicated, so pure R&D is suitable for me! You can rest assured that Zhenyou will continue to make outstanding new achievements in the future.
!I, Cornette, promise!”
"Okay, from now on all research and development of Zhenyou Beauty will be under your control. In addition to salary, as long as the research results are outstanding and the market performance is good, I will give you and the entire team higher bonuses and benefits than Estee Lauder!
"
"thank you boss!"
Later, Cornette took Wang Yi and Lao Huang to visit the Xiya R&D Center.
The entire R&D center is mainly focused on research and development. It occupies a small area but is fully equipped.
The equipment inside is very advanced.
Even their products and achievements were introduced one by one by Cornet.
Wang Yi nodded from time to time and made some suggestions.
After chatting until evening, the group of people had a meal near the R&D center.
Wang Yize took advantage of his time to go to the toilet and called Song Sining.
Evening in the empire happens to be morning in China.
"Sining, I acquired a beauty company in the empire called Xiya, which was run by the former R&D director of Estee Lauder. I sent a team to check it out. If there are no problems, we will complete the acquisition."
Acquiring a company is a big deal, and 300 million yuan is not a small amount of money.
What's more, it is a cross-border merger and acquisition, involving all aspects, so naturally a team is required to investigate and handle it.
If there were any problems, Wang Yi would immediately stop the acquisition, but this is unlikely.
"Okay, boss, I'll make arrangements right away." Song Sining responded.
Wang Yi nodded: "In addition, after signing the contract, we will build the Zhenyou International R&D Center based on the Xiya R&D Center. You can also recruit a group of reliable people from the Meiyou Beauty Department to connect with Xiya.
To be stationed at the Empire R&D Center, you can make arrangements for the specific candidates."
After acquiring Xiya, Wang Yi in terms of research and development was completely handed over to Cornet, but core positions such as personnel and finance in the R&D center had to be controlled by Meiyou himself!
The research and development funds, salary expenditures, and other expenses of the Cornet R&D team, personnel recruitment, etc. must be reported to Meiyou management for approval.
If Wang Yi doesn't care about anything and leaves everything to Conette, then if Conette treats Wang Yi as a villain and takes away the money, Wang Yi will be helpless.
But in terms of research and development, Wang Yi left it to Conate to handle it entirely, and the management would not interfere.
"Okay, boss, I'll make arrangements right now!"
Wang Yi nodded: "By the way, Sining, I'll ask Cornet to list the raw materials needed for the new product. You can arrange for someone to negotiate for raw material orders as soon as possible. After the acquisition is completed, production will begin at the domestic beauty factory.
, stock up, it will go on sale next month!”
"good!"
"Also, Xiya's packaging and casing are too mediocre, not high-end, and look worthless. They need to be redesigned! I will give you the plan later, and you can contact the factory for mass production."
"Okay, boss."
It's not that Wang Yi doesn't believe in the ability of Meiyou's design team, but it's the limitations of the times.
The design today is still not as good as ten years later.
Of course, Wang Yi only made a rough design and then handed it over to professional designers to perfect it.
After the call ended, Wang Yi returned to the private room and looked at Cornette:
"Sleep peacefully tonight. The team from Meiyou Technology will come over tomorrow to complete the acquisition. At the same time, there will be a dedicated team to help you operate and manage the R&D center. You can report the necessary R&D expenses to them.
After Meiyou is approved, the funds will be allocated immediately! As for R&D matters, you have full decision-making power!"
Cornette was overjoyed: "Okay, boss, from now on I will concentrate on research and development. I no longer have to worry about research and development expenses and personnel management!"
He's really not good at this.
Otherwise, Xiya would not be on the verge of bankruptcy in three years...
With the acquisition of Xiya, Zhenyou Beauty's high-end journey has been half successful.
These days, the fastest way is to acquire.
Right now, the Xingyi mobile phone will only continue to burn money in the months before it goes on the market.
As for Meiyou’s novels, they will also burn money in the short term.
The only inputs are Meiyou Clothing and Zhenyou Clothing.
But once the revenue from pure lust-style skirts and autumn clothing decreases in winter, you have to make up for it by generating revenue from beauty products!
Especially Zhenyou Beauty, which focuses on high-end products, must succeed and cannot fail.
domestic.
Song Sining summoned elites from several departments:
"The Zhenyou International R&D Center has been established in the Empire. If you want to go, raise your hand. Those who are proficient in English and have a passport will be given priority!"
Everyone's eyes lit up, understanding that this was an opportunity for promotion and salary increase, and they raised their hands one after another.
Finally, Song Sining selected a group of more reliable and suitable people:
"You go home now, pack your things, get your passport, and then go straight to the airport and fly to the Empire!"
"So fast!"
Everyone was shocked, but they also knew that after landing in the empire in more than ten hours, it would be daytime in the empire, so they could directly proceed with the business!
Meiyou's efficiency has always been high.
empire.
After drinking until about ten o'clock in the evening, Wang Yi and his party left separately.
Back at the hotel, Wang Yi couldn't help but sigh, he's been spending so much money lately!
Signed a 35 million unit order for quad-core Tegra with NVIDIA on the 6th!
No. 7 and Qualcomm first signed a contract for 5 million dual-core chips + 5 million basebands.
Signed another 5 million quad-core chips + 10 million baseband chips!
During a trip to the empire, Wang Yi signed a total of 15 million application processing chips and 15 million baseband chips!
That adds up to 30 million chips!
A real rich man.
A year's worth of chip orders have been taken care of.
But it’s all money!
In total, nearly 500 million U.S. dollars were spent, more than 3 billion yuan.
However, these chips and basebands are divided into three stages and multiple batches, and will be supplied from November this year to September next year.
The more than three billion yuan is also paid separately, which is not a big problem!
The acquisition of Xiya on the 8th cost another 300 million yuan!
Fortunately, during this period, with the launch of the high-end brand Zhenyou, which was selling like hotcakes, Meiyou Technology’s revenue was terrifying, with daily profits exceeding 300 million.
Even if he spends money like water, Wang Yi doesn't have much pressure!
However, in the next year or so, Xingyi mobile phones will gradually become larger, the demand for chips will increase, and the total expenditure will become higher and higher.
It can only be said that it is imperative to develop chips, otherwise you can only work for Qualcomm!
The chip self-research plan must be laid out as soon as possible!
Although difficult, it is the only way for Xingyi mobile phones to become high-end.
Thinking of this, Wang Yi took out the information Steve gave him, which was the core R&D team of Texas Instruments!
When deciding to deploy self-developed chips, Wang Yi asked Steve to investigate the information and backgrounds of Texas Instruments' core R&D team members.
After reading the information, Wang Yi found that there were several big names who were very promising to poach.
In the field of chip research and development, Texas Instruments is the dominant player, while Qualcomm is the younger brother.
The stability, power consumption, and performance of Texas Instruments far exceed that of Qualcomm processors.
There is a popular saying nowadays, "Qualcomm has high frequency and low energy, while Deyi has low frequency and high energy!"
The Texas Instruments OMAP3430, which is clocked at only 550Mhz, has better overall performance than the Qualcomm Snapdragon QSD8250 at 1Ghz!
Moreover, the Texas Instruments OMAP3430 overclocking is very stable, and the 550Mhz overclocking is stable to 1Ghz, or even 5Ghz!
And what about Qualcomm?
Don't talk about overclocking, it's fine if it's not too hot to underclock!
As for such a powerful Texas Instruments, why did it completely withdraw from mobile phone chips in 2012?
Or because of the baseband and patents!
Texas Instruments can't handle 3G baseband either.
To buy a Texas Instruments processor, you also have to buy a Qualcomm baseband, and Qualcomm basebands are expensive to sell alone...
So customers directly buy Qualcomm processors + Qualcomm baseband.
Texas Instruments has no customers and can only give up its mobile phone chip business.
This is a tragedy for Texas Instruments and an opportunity for Wang Yi to poach people.
If Texas Instruments hadn't given up its mobile phone chip business, Wang Yi wouldn't have been able to recruit anyone.
But now Texas Instruments will completely abandon its mobile chip business next year. I am afraid that there is news internally now, and even large-scale layoffs have begun!
Wang Yi takes action now, just right!
On the eve of layoffs, unemployment is imminent, and the entire mobile chip R&D department of Texas Instruments is panicking.
At this time, Wang Yi appeared and was simply their savior!
As long as Wang Yi is paid enough, he won't have to worry about being a R&D expert at Texas Instruments and not joining Xingyi Semiconductor!
But for this matter, Wang Yi did not bring Lao Huang with him.
It's done quietly.
After all, colleagues are enemies. Once Huang knows that Wang Yi also wants to develop his own chip, God knows what his attitude will be!
Early the next morning, Wang Yi set off again and headed straight to Texas.
Yesterday I was delayed because of the search for Estee Lauder's former R&D director, so we can't have another accident today.
If we can poach more Texas Instruments experts and talents back, and then recruit top semiconductor talents in China with high salaries, then Xingyi Semiconductor will become a success.
Xingyi Technology’s self-developed chips may be successfully tape-out within a year or two.
After all, there is no doubt about the strength of Texas Instruments.
noon.
Wang Yi and Steve came to a club and met Williams, a research and development expert from Texas Instruments.
Steve introduced: "Mr. Williams, this is my boss, CEO of Xingyi Technology."
"I know that Mr. Wang is very famous, and the whole Texas Instruments community is like thunder!" Williams said with a smile.
Steve was a little surprised: "Our boss is so famous in your company?"
"Of course, Nvidia has ordered five million chips, Qualcomm has ordered 25 million chips, and the super giants with 30 million chips have caused a sensation in the empire. Who doesn't know?"
Williams grinned: "Dong Wang's name is not only known to Texas Instruments, but also to everyone in the entire semiconductor industry!"
Wang Yi: "..."
Steve: "..."
"Look, you're on the hot search!" Williams took out his phone:
[Wall Street Journal: Eastern giants suddenly appear in the empire and place huge orders for 30 million chips!]
Wang Yi: "..."
Steve: "..."
Looking at the news headlines, Wang Yi looked complicated.
I thought that if my reputation in the empire was not strong enough, the R&D experts at Texas Instruments would look down on Xingyi Semiconductor.
Wang Yi was ready to throw money at the R&D giant of Texas Instruments.
The result is now good. Not only is the name big enough, it is also a bit too big!
It was even published in the Wall Street Journal and caused a stir in the empire!
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Chapter completed!