Chapter 168. Nine, you need to think a few more steps to play chess (thanks to the 10000
Although he has made up his mind to buy Infineon, and although Qimonda's DRAM technology is of great use to Fairy Company, Xiao Qi is very unhappy with the German's approach to matching.
But there is no other way. It is really difficult to acquire companies from European countries like Germany. It is no wonder that companies in these countries cannot develop. They are completely opposite to the development model of the United States!
Therefore, the United States can successively produce super large groups with a market value of tens of billions or hundreds of billions of dollars, but there is no such large group on the European continent!
No wonder the impact of the European debt crisis has been so far-reaching. It is strange that this kind of self-reliant behavior, this kind of behavior that does not integrate into the big stage of the world, can develop and become rich and powerful!
Putting aside the young man’s complaints, once Xiao Qi finalized the plan, Goldman Sachs happily headed towards Germany with the plan.
What they need to do is to coordinate Infineon's delisting from the German stock market, complete the overall privatization process, and supervise the possible transfer of intellectual property rights by the Germans during the transaction process, and also prevent the loss of assets.
The development of the situation - don’t think that the Germans are so honest, their workers are pretty much the same, it is impossible for anyone who is a company boss or a high-level person to be honest!!
As long as this long and tedious task is completed, Goldman Sachs will receive at least US$300 million in commissions. This huge entrustment profit can make Goldman Sachs Europe laugh out loud in its dreams.
Xiao Qi really felt a sense of gloating about their elation.
Because only Xiao Qi knows this world. The good days of Goldman Sachs have only been in the past few months. With the outbreak of the financial crisis and the deepening of the European debt crisis, Goldman Sachs, the super giant behind it, will become everyone's
Calling out the targets of beatings, fines and punishments can make them cry in their dreams.
What makes Xiao Qi a little regretful is that even such a severe punishment did not cause Goldman Sachs to lose much vitality. They are still the world's number one investment bank. They can still dominate Wall Street, Financial Street and other places, and harm countless people.
people.
The strength of Goldman Sachs is closely related to the strength of the United States. As long as the United States remains the world's hegemon, Goldman Sachs will continue to make waves. After all, many people know that Goldman Sachs and even Wall Street are actually beasts bred by the U.S. government. They use various methods to
Financial means are used to attack American competitors to ensure the strength of the United States.
Xiao Qi thinks that he is not a smart person, at least he is much worse than the elites on Wall Street such as Goldman Sachs and Merrill Lynch. Therefore, the development direction he chose from the beginning was not virtual financial trade, but real electronic business.
Technology products.
Otherwise, Xiao Qi can certainly win for a while by relying on the advantage of reincarnation. But after 2013, how can Xiao Qi, who has no advantage of reincarnation, cope with Wall Street, which has gathered financial geniuses from all over the world?
Taking over Wall Street is nothing more than a joke.
Back to the present, although the total value of the agreement reached by Xiao Qi and Infineon exceeds 9.6 billion US dollars, it is not paid in one lump sum, but is divided into three payments spanning 9 months.
Unless you use cash and stocks, this kind of acquisitions that span a few months, or even one or two years, happen a lot in Europe and the United States. After all, except for companies like Apple and GOOGLE, there are not many companies with the funds.
There are billions to tens of billions of dollars in spare cash.
Xiao Qi is rich. Although his cash flow has recently been reduced due to the acquisition of Nortel Networks, DreamStars has sold 2.2 million units since its release at the end of December, which has actually increased his cash flow. Several banks
There are more than 40 billion US dollars in cash flow available for use in the account.
During the nine-month payment process, Xiao Qi agreed to pay in U.S. dollars, at least 20% less than now. After the collapse of Lehman Brothers, the Federal Reserve was frightened. The crazy depreciation of the U.S. dollar at that time would make
Countless people denounced the United States as “crazy”!
The boy's deposits at Citibank were settled in RMB for him, which meant that from the moment Xiao Qi deposited it, Citibank would convert it into RMB for him, but Xiao Qi could withdraw US dollars for use at any time based on the market exchange rate of the day.
Only Xiao Qi can enjoy this convenient and fast method.
Xiao Qi's payment will basically be deposited into China Merchants Bank as soon as it arrives. China Merchants Bank also has foreign exchange reserves. They converted Xiao Qi into RMB as soon as possible and put it in his China Merchants Bank account. Naturally,
There is no risk of depreciation.
On the contrary, in the future, if the US dollar depreciates and the RMB appreciates, if the two are combined, I am afraid I can save 30%!
The Germans originally wanted to make a lot of money, but just because of a time difference, they lost so much, which is equivalent to only earning more than 6 billion US dollars. This huge contrast will make them cry when they think about it.
Tears!
That is to say, Xiao Qi still has a sum of money that cannot be seen in the light now, that is, the money he earned from the subprime mortgage crisis. Now it has returned to his private bank account, which has exceeded 6.2 billion U.S. dollars. In addition to Tong Wencong and Xiao Qi, this money
Xiao Qi didn't even tell his wives.
Not to mention Tong Wencong. Although he has now become a famous fund manager on Wall Street, if people know that he has earned 6.2 billion from the private trusts he manages, and his own income has exceeded 200 million US dollars, I am afraid that not only
Just when the regulatory authorities come to see him, the police and judges will also invite him for coffee.
For this kind of thing, if there is no extremely powerful backstage, it is better to just keep silent and make a fortune!
Although Xiao Qi was able to earn a huge sum of about 20 billion U.S. dollars in total during this subprime mortgage crisis and the European debt crisis, not to mention the time span of more than 3 years, it was even more difficult to launder this money.
If you don't want your reputation to be completely ruined and you want to use it, you must be cautious.
The acquisition of Infineon is just a step for Xiao Qi to develop his own chips and smart sensors, and there will be a series of steps to follow.
The first one. What Xiao Qi wants to acquire is Spreadtrum Communications, which was mentioned by senior executives before. This company was founded by foreign students from Silicon Valley in China. The company is headquartered in the East and listed on NASDAQ in the United States, but its development is not very good.
Successfully, the market value is only around US$1.8 billion so far.
The reason is still that there is less accumulation of technology and less invention.
After Xiao Qi bought Spreadtrum Communications, the first thing he did was to send all their elites to Infineon to learn German technology.
The bosses of Chinese companies do not have very good IQ and EQ, but there are still many smart people in China. A large part of the high-level IQ talents in the United States are Chinese.
Therefore, although the people at Spreadtrum Communications are not good at running a company, they can still make people feel at ease when it comes to technology, especially the learning ability of Chinese people, which cannot be underestimated.
As long as the people at Spreadtrum Communications master Infineon's technology, Xiao Qi can open another laboratory in China to focus on intelligent vehicle systems, CPU chips and mobile phone baseband chips. Then he will not dare to talk about mobile phones.
The chips are better than Qualcomm's. But MediaTek's mobile phones are quite confident in taking over the mid-to-low-end chip processor market.
In terms of smart car systems, Xiao Qi can also make some simple ones for compact cars or mini cars. If the price can be lowered, I believe no one will be willing to add more insurance to their own safety. No one
Are you unwilling to add some technological touches to your driving?
When talking about acquisitions, Xiao Qi believes that only professional people can do the best job.
This time he chose Citibank.
Citibank is Xiao Qi's loyal supporter and has a lot of business throughout China. This kind of persuasive work is best suited for them.
Spreadtrum Communications was able to be acquired by Tsinghua Unigroup in its previous life. This proves that they still hope to take over. With such a powerful backer as Fairy Company, they can perform better and have no reason to refuse.
Then in the second step, Infineon's smart sensors are very powerful, and Xiao Qi will certainly not let them go.
He has notified the experts from Fairy Laboratory and Huaguo Optoelectronics Institute to be ready. Once the contract is signed, a large number of laboratory engineers of at least more than 500 people will collectively go to Germany to learn from German experts.
And practice and do experiments on your own for at least one year, and then rotate again after one year.
As the executives of Fairy Company said, it is always better to have technology in your own hands.
It is different in an open country like the United States. The technology of Mingxiang Holdings North America Laboratory and Fairy Laboratory are common. As long as you do not involve military and other sensitive fields, Americans are still very tolerant in these aspects.
Europe is notoriously closed-minded.
To take a simple example, everyone knows about Volvo acquired by Geely, right?
Volvo is a good car, and its safety performance and environmental protection factors are a well-known brand all over the world.
When they couldn't continue due to labor, technology and other costs, Geely directly bought Volvo.
At first glance, this is a good thing!
We bought Volvo and used Volvo's advanced technology, so why don't we beat the crap out of those joint venture cars of the same level?
Not to mention anything else, the cost alone is incomparable to joint venture cars!
but!
Things are not as simple as everyone thinks!!
It is good that Volvo was sold to Geely, but there were conditions when selling it, that is, the Swedish R&D department and production department must remain intact, no layoffs are allowed, no interference in internal business activities is allowed, no...
Well, this is not buying a company, it is just buying an ancestor to take home and support!
Such harsh conditions are also the reason why Geely only made some moves to localize its cars a few years after acquiring Volvo!
have a look!
This is the disadvantage of technology being controlled by others!
With this lesson in mind, Xiao Qi will certainly not make the same mistake again!
PS: When looking through the information, I feel a little frustrated. When we buy companies outside, we are basically fooled. Volvo is a typical example. If we want to rise again, we have a long way to go!