If a high-tech company wants to develop and grow, then two things are necessary.
The first is to have sufficient R&D talents. Only with more talents can they continuously invent and create valuable patents, which they can either use themselves or license to others, making a lot of money for the company.
The second is the need to have a more sufficient patent library, whether for your own use, exchanging patents with others, or restricting the development of others... Anyway, after entering the 21st century, patent libraries are definitely more valuable than money in this world, and they are
essential.
A company like Fairy Company, which has only been established for more than two years, is constantly recruiting talents, but the patents in the patent library can only be enriched through purchase.
ADI's wireless communication chip department, Texas Instruments' wireless technology related, Ericsson's wireless communication equipment, Nortel Networks almost all, the technology patents of major mobile phone companies...etc., Xiao Qi has not only paid a huge amount for this
With hard work, there is an incredible amount of money.
But Xiao Qi is not satisfied. In fact, in the past few years, Europe and the United States have encountered financial crises everywhere. It is the best opportunity to take advantage of the situation in the past two decades. If you miss it in the past few years, what will you want to buy?
For high-tech companies, it is simply more difficult to obtain high-tech technology than to reach the sky.
Therefore, after completing Nortel Networks in the first two months, Xiao Qi now turned his attention to another company that had been established for a long time - Infineon.
As the semiconductor department spun off from Siemens, Infineon has inherited the innovative spirit of Siemens and has very strong R&D capabilities in the field of semiconductor chips. Whether it is mobile phone baseband chips, intelligent processors or CPUs, or in-vehicle intelligent switching systems.
, even in terms of various precision sensors, Infineon can rank among the top ten in the world.
What Xiao Qi values most is not the more than 30,000 patent projects in Infineon's hands, but their excellent R&D capabilities and foresight that is closely linked to future technology.
Let’s not talk about anything else, just this “human-vehicle exchange system”, which is the vehicle-mounted intelligent system. Infineon will become the first in the world in the future. Automobile intelligence will be the direction of future development, and those with the best sensors and chips will
Infineon's future share in this area and the huge profits it will earn are enough to make anyone jealous.
However, this is not the year 2013 when automobile intelligent systems are developing rapidly. Now is the time when simple ESP automobile electronic stability systems are slowly becoming popular. Talking about the human-vehicle exchange system is really a bit ahead of its time.
As for its main business - chips, to be honest, Infineon is not as good as Qualcomm, the industry leader, nor Samsung. They are not even as good as MediaTek, which was promoted by Xiao Qi.
As a result, Infineon has been having a hard time recently due to the subprime mortgage crisis. Especially after its "son" Qimonda suffered huge losses due to the shrinkage of its dynamic chip DRAM business, Infineon's market value has dropped from the highest level last year.
8 billion euros, plummeting to 5 billion euros in January.
Although Infineon's market value will drop by a few percentage points to 4.53 billion euros by March, during the Spring Festival, Xiao Qi had already entrusted Goldman Sachs to help acquire Infineon.
Although Goldman Sachs is notorious and will be despised by the majority of investors in the future, they are still very responsible and have sufficient strength after accepting the entrustment, especially when the commission given by Xiao Qi is enough.
Down.
Goldman Sachs is the most powerful in the United States, but that doesn't mean that they only run rampant in the United States. In fact, Goldman Sachs has huge power in Europe and even Asia.
For example, Italy’s deputy finance minister resigned and joined Goldman Sachs Europe directly.
In addition, there are two French finance ministers, five top executives of the World Bank, and seven top executives of the European Central Bank, a total of fifteen... etc., all of which were included by Goldman Sachs, relying on their connections and relationships.
, speculating and deceiving people in various countries.
Germany, a traditional European power, was naturally a target for Goldman Sachs to infiltrate. After some hard work, Goldman Sachs finally got through the joints and brought Xiao Qi good news that was not a surprise.
The Germans were willing to sell the ailing Infineon, but they asked Xiao Qi to take over Qimonda as well.
Of course Xiao Qi quit. Are you kidding? Qimengda is a famous cheating master. He owes a lot of debt and will go bankrupt next year. What's the use of it?
Even though Qimonda is the second largest DRAM dynamic chip manufacturer in the world, the quality is surprisingly good, but the production and operating costs are too high. With this effort, Xiao Qi might as well just sell Japan's Bilda
After acquiring it, they will be out of business in two years anyway. Not to mention the low price, and they can be shipped directly to China.
Qimonda cannot be moved, so leaving it and Infineon in Germany would be a rip-off.
You have to say that Infineon is a little better. After all, it develops and produces high-value-added high-tech products. Even if it is produced in Germany, it will not lose money despite the high cost.
Moreover, Xiao Qi also has other plans for this. In the end, he will definitely make the Germans dumb and eat Coptis chinensis, and they will suffer unspeakably.
But not Qimonda. DRAM chips can be manufactured in China, and the cost is only one-fifth of it. Do I have to support Germany’s company and people in vain?
Not to mention that Germany’s taxes on foreign companies are so high that it’s simply jaw-dropping!
For companies like Goldman Sachs, when you spend money, they can indeed provide you with what is called an emperor-level service.
After hearing Xiao Qi's disagreement, Goldman Sachs did not complain at all and immediately started difficult negotiations with a group of old-fashioned Germans.
Fortresses are always breached from within. There are many German experts in Goldman Sachs. They naturally know how to deal with the Germans. Under the influence of various profit methods, the stubborn and old-fashioned Germans once again relented.
That is, they are willing to transfer Qimonda's patents to Xiao Qi, but Xiao Qi must pay 300 million U.S. dollars for this. If he agrees to this condition, then Infineon can pay 6 billion euros, a total of 8.9 billion U.S. dollars.
Sold as a whole to Xiao Qi.
In other words, including commissions and other expenses, Xiao Qi would have to spend almost 10 billion US dollars to win Infineon.
The company's top management has many opinions on this. Fairy Company has spent a lot of money to purchase patents and companies, but it has involved an acquisition worth 10 billion US dollars. This is the first time it has ever been done.
Infineon's smart sensors are very good, and they also have their own unique features in mobile phone chips and CPUs, but at $10 billion, they are still too expensive.
Fairy Company only invested more than one billion yuan in the China Institute of Optoelectronics and made great breakthroughs in smart sensors. As long as 1 billion US dollars was invested in them, it would be enough for them to catch up with the world's first-class level.
As for the baseband chip, it is even simpler. A group of doctoral students studying at Tsinghua University in the 1980s founded a company called Spreadtrum Communications, which specializes in making this baseband chip. The CPU is also very powerful. Although it was sold in the United States last year
The NASDAQ is listed, but it only costs 2 billion U.S. dollars, which is much cheaper than Infineon.
Calculated in this way, if all were replaced by Huaguo's simplified version of the acquisition, Xiao Qi could use up to 3 billion US dollars to obtain what he could get from purchasing Infineon. The cost would be less than one-third, and it would also be conducive to control.
, it is absolutely not an exaggeration to describe it as "cheap and good quality".
But because of his reincarnation, Xiao Qi thought further than them.
Global light car sales were 75 million units in 2011, 80 million units in 2012, and 82 million units in 2013. In the long run, as third world countries become increasingly wealthy, especially countries with super-populations such as China and India,
As the demand for cars in large countries increases, it is basically reasonable to maintain an average sales volume of 75 million cars per year within the next 10 years.
Among these vehicles, compact cars and above have reasons to be equipped with intelligent passenger-vehicle exchange systems.
As the world's number one vehicle-mounted smart sensor in the future, Infineon will have sales of at least US$10 billion per year in this area alone. If it can compete with German and even German companies such as Porsche, BMW, Mercedes-Benz, Audi, and Volkswagen
If you build good relationships with the world's auto overlords, it will be easy to increase sales by another $5 billion a year.
That's right.
This is one of the reasons why Xiao Qi wants to acquire Infineon.
Do you think Infineon is really that good? It has defeated all companies and ranks first in the world in in-vehicle intelligent systems, with no one surpassing it?
Do not be silly!
Isn’t it because Infineon is an affiliated company of Siemens, and Siemens and the major German automobile giants are not outsiders in the first place?
If Infineon was not a German company and was not a spin-off from Siemens, then the above-mentioned major and mid-range cars would not be able to use Infineon's products, at least not so much and widely. Then,
How did Infineon become the company with the highest praise and market share in the market?
Even if Xiao Qi buys Infineon, all its employees, procurement, production, etc. are all in Germany. When the German government is happy to collect taxes, there is no reason not to ask several major automobile giants to take care of it!
For this market segment alone, considering the future financial resources and the possession of new technologies, Xiao Qi should buy Infineon instead of other companies.
The young man always remembers that what he needs most is not money, but technology and talents who can develop technology!
Are Chinese companies still lacking when they have money but cannot buy technology and talents?
How useful is money when it cannot make a positive contribution at all other than for enjoyment?!