Chapter 800 Gee Snake
The saying goes that those who gain the right will get more help, while those who lose the right will get less help. This translates to find more allies and more thugs, and then overthrow the enemy!
Nowadays, Shenzhou Computer and Dongxin Semiconductor are being targeted everywhere. Some computer brands have painstakingly created an encirclement to lock down Shenzhou Computer and Dongxin Semiconductor.
Then why can't Shenzhou and Dongxin form a counter-encirclement circle?
The enemy of my enemy is my friend. The technique of distant friendship and close attack has been used since the Spring and Autumn Period and the Warring States Period. There is no reason to abandon it now.
Intel, as a chip overlord, its deadly opponent is much more than Dongxin!
It can target Dongxin Semiconductor. Why can't Dongxin entangle a group of anti-Intel companies to form a new anti-Intel alliance?
The world has been suffering from Intel for a long time. AMD, IBM, and even old European chip factories can be won over. Although this is an alliance of interests, this alliance can survive until Intel is overthrown.
Not only is it a chip factory, the Zhixing Foundation also invested in Nvidia and ATI. At that time, the graphics card can be pulled into the anti -Intel Alliance to add it hard.
Forming an anti-Intel alliance can reduce the pressure faced by Dongxin Semiconductor. Moreover, in the future, it can also unite with these chip factories to jointly develop lithography machines, OEM for these chip factories, etc.
In order to reduce losses in previous lives, they sold their own wafer factories and chip factories, and there was a design department.
Now, Dongxin Semiconductor can let AMD go to the "Kangzhuang Avenue" in the previous life in advance. The loss of money can be done by Dongxin Semiconductor. AMD can sell its own chip manufacturers to Dongxin, so that Dongxin can be allowed to make Dongxin, so that Dongxin Core for its foundry!
The whole of Abeliga is not doing this, and the selling and transfer of Ameliga's local production plants are sold, and the rest are profits.
Li Dongling talked with Chen Liwu and others, and the people of several companies rushed over one after another. Dongling Gaoke was Ren Yuefeng, Hu Zixian, Su Qicheng, Gao Zhiyuan, and the general manager of Dongxin Semiconductor Wu Xinyi, with finance with finance with finance The staff of the legal department rushed over.
For a while, the meeting room of the Yuhe Leisure Resort Hotel was stuffed. After a while, the dispute in the conference room began to sound.
Ren Yuefeng and Hu Zixian talked with Li Dongling. They had to know that Li Dongling was the bottom line of Dongxin Semiconductor, and they could start to start with the opposite side.
Li Dongling whispered to Ren Yuefeng to say a number, and Ren Yuefeng's face obviously showed a surprise.
"This..."
At a glance at the three companies of Microsoft, Goldman Sachs, and Huaden International, Ren Yuefeng said, "The other party may not accept such valuations."
"They'll take it!"
Li Dongling shook his head and said, "The valuation of Dongxin Semiconductor this time is not itself, but other transactions caused by it!"
As a "traditional" company, the current valuation of chip factories is not high. AMD has just started and is involved in the mid- to low-end chip market. Its market value has not exceeded one billion US dollars.
Texas instruments have not rely on the Alliance with Nokia to become the hegemon of the mobile phone chip industry. Now the market value is only about $ 1.8 billion.
The "traditional technology" company, the chip factory is far from the popularity of Internet concept stocks. The market value of Feiyan Technology has exceeded $ 4 billion, and the stock price is still crazy.
The market values of AMD and Texas Instruments are the same. The valuation of Dongxin is of course not too high in theory.
This time, Dongxin Semiconductor is expected to transfer 10% of its equity to several Microsoft companies. Before going public, Dongxin Semiconductor will definitely need to introduce some domestic investors, and will also reward technical experts such as Wu Xinyi Neng’s management, Ni Guangnan, Huang Lingyi, etc. Equity, as well as all-employee option awards, etc.
After the launch, Dongling Hi -Tech, the major shareholder of Dongxin semiconductor, is estimated to slip to about 40%.
But combined with the management, employee option awards, Zhixing Foundation and domestic investment institutions, investors such as Hanxi State Investment will ultimately control more than 51% of the equity.
"Impossible!"
"The asking price of Dongxin Semiconductor is too high. Whether it is a benchmark chip company or an optical engraved manufacturer, the valuation of Dongxin semiconductor cannot exceed $ 2.5 billion!" Zhang Alan said.
Asking for high prices and paying back the money is the basic routine of negotiations. Donglin High-tech naturally follows this principle and shouted out a valuation of US$2.5 billion for Donglin Semiconductor from the very beginning.
"This year, Dongxin Semiconductor's revenue is expected to exceed 800 million US dollars. In the next few years, Dongxin Semiconductor's revenue can be predicted, and orders and revenue are relatively stable!"
Wu Xinyi also said that the biggest difference between Dongxin Semiconductor and other chip factories is that there is a rough leg to hold.
The parent company, Donglin Hi-Tech, and Donglin Hi-Tech companies, as long as the chip business is involved, are basically handed over to Dongxin Semiconductor. And it has multiple basics such as landline chips, PHS mobile phone chips, and electronic dictionary chips. In theory, as long as Donglin Hi-Tech still exists, Dongxin’s revenue does not have to worry.
As for how high Dongxin semiconductor can be climbed to, it depends on which step can Dongling Hi -Tech go!
"A $2.5 billion valuation is impossible!"
Chen Liwu also said that if Dongxin, which has not yet been listed, is valued at more than 2.5 billion US dollars, where can we put the old faces of Texas Instruments and AMD? You can't slap people in the face like this. After all these years, have you been living in a dog’s belly?
Li Dongling looked at the group of people sitting across from him and understood that any talk about performance would be of no use in increasing valuations. The Wall Street people didn't believe in this stuff at all. What they loved most was the big pie. Drawing it could bring everyone down. Everyone is deceived.
After coughing, Li Dongling knocked on the table lightly, "Dongxin Semiconductor is different from other peers!"
"Now the electronics manufacturing industry around the world is moving towards the mainland. In the future, here, it is likely to be the new e -manufacturing center in the world!
Mobile phones, computers, VCDs, DVDs, video recorders, cameras and countless other electronic products will all be produced here.
As for Dongxin Semiconductor, as long as it can get chip orders from mainland China and supply chips to the world's largest electronics production base, I don't need to say much about its future revenue!
Even in the future, here will become the world's largest integrated circuit and chip manufacturing center. As long as the chip factories built on the mainland, there will be a place where the light carved machine is needed, there will be Dongxin optical carved machines! "
Li Dongling showed the biggest advantage of Dongxin Semiconductor. It is not a technology, nor is it against Dongling Hi -Tech, but to the mainland market.
Just gamble, gambling in the domestic chip market burst out. As the Dongxin semiconductor of the ground snake, the order can be soft!
As a ground snake, Dongxin Semiconductor naturally has advantages. What Intel, AMD, IBM, Toshiba, NEC, Siemens, and Yingfei Ling are good abroad. They stand on the edge of the mainland and do not understand the gold content of the ground snake. Do you know anything? Called local combat advantages, tactical tactics!
Ed Fleiss and others were somewhat silent for a while. Ordinary people may not notice it, but as a giant company, it spends a lot of money every year on various information and intelligence collection, coupled with its relationship with America, They know a lot of information.
At present, Aelleyga and old Europe, including the vitamin, are relocated to the mainland. This point is known to the mainland.
There is no mistake, one, one, one, one, one, one, one, one 619, one book, one, one, one, one, one, one, a book!
Because Wall Street needs American companies, revenue continues to increase, costs decrease, but profits are required to increase. So, what else can American manufacturers do besides relocating their factories overseas to places with lower costs? !
Now Li Dongling has drawn a big cake, and even blurred a concept, that is, Dongxin semiconductor represents the mainland chip industry. Isn't this cake big enough?
"But the valuation of $ 2.5 billion is still too high. The revenue of Texas instruments is higher than that of Dongxin Semiconductor, but the market value does not exceed $ 2. billion!" Said.
It is true that Microsoft is rich and powerful, and it is often taken advantage of. However, the losses it suffers are all hidden losses, that is, there is no reference object. Whether it makes a profit or a loss after the acquisition will only be seen many years later.
But Dongxin Semiconductor is different. In the chip industry, there are reference points. It can't be too outrageous.
"$ 2.3 billion!"
The beard here, the valuation of the donkey on the slope was reduced.
After a few more wranglings, the valuation reached around US$2.1 billion, and Ren Yuefeng, Huxian and others were unwilling to let go.
After a stalemate for a while, Ed Fleiss was the first to be unable to bear it. Just as Li Dongling said, what Microsoft cares about most is the acquisition of stargazing video recorders due to this transaction.
If this transaction is not completed, it is not the acquisition of star -seeking video recorders. This is unbearable by Microsoft.
"$ 200 billion, Microsoft is willing to invest 200 million US dollars in Dongxin semiconductor with a valuation of $ 2. billion!"
Seeing that of the three companies, Microsoft first showed the cards. Goldman Sachs and Waldeng International, which could still be priced at the price, also faced the choice of follow -up or abandoned cards.
“Walden International is also willing to accept Dongxin Semiconductor’s valuation of US$2 billion!”
Chen Liwu thought about it. He still decided to follow a card. He also valued the mainland market, and Dongxin Semiconductor was the mainland chip industry, and he hoped to kill the cards.
Ed Fleiss and Chen Liwu expressed their stance one after another, and Zhang Allen could only say, "Goldman Sachs is willing to invest in Dongxin Semiconductor!"
"Welcome to join the board of directors of Dongxin Semiconductor!"
(End of this chapter)