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Chapter 164: Setbacks and Countermeasures

Next, the reaction in the stock market was even more intriguing. After the news came out, the two companies rose sharply in the morning on the first day. Just as retail investors holding stocks were excited, they fell sharply in the afternoon. Market rumors said that the sal company that was preparing to start the acquisition did not have the strength to acquire at all, and it was a complete hype.

The next day, the two companies began to diverge, RIM's stock began to rise, and HTC's company continued to fall, because of rumors that Samsung intends to acquire RIM, while HTC's performance is said to be even worse in the fourth quarter, and the quarter will even record its first loss in recent years.[]

Within the next three days, HTC's stock price fell by two consecutive times, with a total market value falling to around 6.4 billion US dollars, while RIM rose by more than 30%, with a total market value of nearly 8 billion US dollars.

This unexpected change casts a shadow on Cai Siqiang's trip.

As expected, the htc board of directors rejected Cai Siqiang's request for meeting and simply refused to even enter. The board of directors of Rim also politely declined, claiming that there was no plan to sell Rim for the time being. All this made Cai Siqiang very frustrated. He had not encountered such a rejection for a long time.

"Duke, the situation is terrible." Cai Siqiang was full of resentment on the phone and vented at Duke, who was thousands of miles away. "Obviously, both families regard me as a clown, but they don't even let the door in. It's so bullying."

"What?! Both families refused?" Duke was a little surprised. Didn't they say that both families were in trouble? The reaction was really unexpected now, and this happened a bit awkward.

"Yes, it is said that there is no plan to sell shares yet." Cai Siqiang continued. "Zhan Shaofeng's contact with investment banks was not smooth. He told Zhan privately that they were very unfavorable to the mobile phone industry. The profit concentration is too high now. Basically, most of the profits in the industry have fallen into the pockets of Apple and Samsung. In this case, it is difficult for them to invest such a huge amount of funds into this almost inevitable bet."

Bad things are indeed a disaster. Cai Siqiang and Duke still think things too simply. Now the information is extremely asymmetric. According to the general situation, anyone will get the conclusion of investment banks. After all, as long as they are not fools, everyone can see that the mobile phone industry is basically two heroes, and other manufacturers are just taking on some roles to fill the gaps.

Whether there are any methods to turn stones into gold for the acquisition of HTC and RIM is the main consideration for investment banks. As for SAL's IPO business, investment bankers almost sneered at it, please wait until you live to that day before you talk about it. Now whoever asks to find out the situation first. Zhan Shaofeng also returned to SAL without success and returned to SAL with both hands.

The two most suitable acquisition targets have already re-established brands of non-sale products, and the intention to obtain acquisition funds through financing is also a waste of money. Duke and Cai Siqiang, two young people who have been almost smooth since their business, have been hit hard.

The two finally realized that this world is always a cruel and realistic world. In the shopping mall, there is no warmth, no friendship, and no passion. The shopping mall is a market of interests, and everyone cannot get up early without profit.

"Duke, what should I do next?" Cai Siqiang said with a sad face. At this moment, he really doesn't know what to do.

It would be fine if he didn't think about anything, but Duke drew this cake, and now his ambition was as long as grass, so he was suffering from this situation.

"How do I know what to do?" Duke was also stunned. Faced with this unexpected situation, it was too difficult for someone like him who had lower business quotient than emotional intelligence to rely on him to think about his ideas. Since the shortcut to acquisition cannot be achieved, Duke had to put more effort into technology.

Duke Laboratory, in the United States, has begun to "develop" a new display material. Most of the $100 million gains obtained by Shuya have been smashed into the purchase of new materials research instruments and devices of Duke Laboratory. Judging from the equipment alone, Duke Laboratory is no longer inferior to the world's top materials research institutions.

However, Duke has very few materials research experts. He hired 5 or 6 doctors from Harvard and Stanford from materials. These doctors were originally a little awesome, but they were very dissatisfied with Duke's fingers in the research of new materials. But soon they became convinced.

One day, Duke "argued" that a certain element would show a phenomenon that no one knows under certain conditions. For Duke, a layman, he actually inferred a new material phenomenon. These professional doctors certainly expressed doubts about Duke's argument, but one guy did not believe in evil and conducted experiments personally according to Duke's instructions, and was preparing to refute Duke's conclusions with indisputable facts.

The experiment was very successful, of course Duke's success. This guy who did the experiment really discovered the phenomenon Duke mentioned. There is no doubt that this is a new achievement in materials science research and is fully qualified to be in the Journal of Nature. Duke quickly "argued" some unique functions and phenomena of several other elements.

Now no one doubts Duke's intuition and deep skills in materials research. So Duke's laboratory began to frequently "discover" new achievements, and suddenly became fruitful in materials research, with new effects and new characteristics discoveries emerging one after another.

But when everyone gathered the elements of "Duke" arguments to create an environment where new effects were discovered, a new type of material was created. This new material has excellent luminous properties, of course, this is what Duke took out from Bileme.

These people are simply ecstatic. You must know that those who work in their careers will not be able to find a brand new material in their lifetime. Although this material is not clear enough to be used for this material, it is enough for them to be proud of for the rest of their lives.

The patent rights of this new material naturally belong to Duke Laboratory, but the doctors who "developed" the materials enjoy the right to sign the papers to write new discoveries and new achievements. Therefore, this new invention undoubtedly shocked the academic community of materials development, and several doctors suddenly became new stars that everyone noticed.

Of course, these doctors also kindly included Duke's name on the list of contributors. In fact, everyone knows that without Duke's "discovery" basis, you will never think of developing this new material. If the doctors are water-drawers, then Duke is digging a well.

This also made Duke become an expert in new materials research.

However, these are not finished yet. When a doctor associated the luminous phenomenon with display at the new material application discussion meeting, Duke took advantage of the situation to propose a "fake" to develop a new display, and the inspired doctors selflessly devoted themselves to the process of verifying this hypothesis.
Chapter completed!
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