My Age of Investment

Fu Jixun's words made everyone's eyes light up. Elpida and Qimonda ranked third in the world in the field of DRAM, and the other ranked fourth in the world. If these two companies can be brought under their control, they will surpass Samsung, the leader of DRAM. Semiconductors can at least compete with the second-largest company, Hynix.

The acquisition funds are not bad, but the key is whether the acquisition can be successful?

For this kind of acquisition involving high-tech industries, the attitude of the country where the industry is located is crucial. It not only needs to pass the acquisition review by the relevant departments of the country where the industry is located, but also needs the EU and the United States to approve the acquisition transaction.

What's the reason for such a wide range of policies?

International trade rules are made by others. Until you have the strength to challenge these rules, you can only submit and comply for the time being.

"Can it be done?"

The person who asked the question was Deng Yuanyun. He was a little worried that completing such a large industrial acquisition and integration in the DRAM field would encounter resistance.

"It shouldn't be a big problem."

Fu Jixun's smile was full of confidence, "I made a special trip to Germany some time ago to inspect Qimonda, which has entered bankruptcy.

The German government originally planned to rescue Qimonda, but Qimonda's management had too much appetite and asked the government to provide too much bailout money.

Moreover, the company's controlling shareholder Infineon itself refused to rescue Qimonda and was unwilling to accept the nationalization plan proposed by the German government.

Under mutual blame, the only remaining memory company in Europe died like this, which is shocking. "

Xia Jingxing smiled. Capitalism is old, and everyone has nothing to gain. Everything starts from the perspective of profit. Many companies died during the financial crisis. Who would really care about the death of an ordinary semiconductor company?

After all, Germany is not blocked by technology, and does not have such a deep-rooted sense of pain and crisis about the decline of the semiconductor industry.

"Now Qimonda's creditors are in trouble, they have a lot of debts against the company that they cannot collect.

Waiting and waiting, no one stepped forward to take over.

As for former partners such as Micron, Winbond, and Huayaco, they have all prepared tableware and plan to eat Qimonda. "

Having said this, Fu Jixun explained the true attitude of these companies towards Qimonda.

Winbond in Ruyizhou was originally a company that manufactured memory chips for Qimonda. Now seeing that Qimonda is failing, it plans to bargain-hunt for bargains, such as acquiring some technology patents.

Several other companies have basically had this idea, either recruiting employees who lost their jobs at Qimonda, or buying some technology patents at cabbage prices.

Compared with taking over Qimonda as a whole and taking on the company's huge debts, this method of "siphoning off oil" is undoubtedly more economical.

Fu Jixun smiled and said: "There is no harm without comparison, so when Xinxin Group extends a helping hand to Qimonda, I believe Qimonda's debtors will not refuse, and the German government will not refuse. No, saving Qimonda could save thousands of jobs.”

"Have the attitudes of the EU and the United States been taken into account?" Liu Hai asked sharply.

"Of course you have to take it into consideration."

Fu Jixun counted on his fingers, "Qimonda has five 300mm wafer production bases in Europe, Asia and North America, and operates a total of five major research and development centers.

Among them, the U.S. bases are already facing closure and waiting to be sold off.

If we can announce the restart and increase investment in the US factory while acquiring Qimonda, I believe Mr. Ao Guanhai will not refuse such a gift.

Now that the United States has just emerged from the shadow of the financial crisis, it is full of waste and is very welcoming of foreign investment.

The same goes for the European Union, where the German government can do the work. "

Xia Jingxing and Liu Hai looked at each other and both agreed that it was feasible.

Although it will take a lot of effort to restore Qimonda's production capacity and market share, if Qimonda had not been where it is today, it would not have been their turn as an Asian company to acquire it.

Just like sticks, Westerners often still hold on to scrap metal when they sell it, as if they are giving the buyer a lot of face.

Bangzi may have learned this trick from Westerners. They copy the harm done to them by their perpetrators and apply it to others, seeking morbid psychological comfort.

"After all, Qimonda has gone bankrupt and the acquisition is not difficult, but Elpida is different."

Fu Jixun said, "This company is the only seedling of Japanese memory chips. It was formed by the merger of the memory departments of Hitachi, NEC, and Mitsubishi. It has witnessed the rise and fall of Japanese semiconductors, and also witnessed the parent company's success in the semiconductor market. How the share was gradually eaten away by the stick.

In addition to having a certain influence in the fields of raw materials and equipment, Japanese semiconductors have long since ceased to work in design and manufacturing.

The general environment is like this, and now Elpida is just hanging on.

Acquiring this company may require a little patience, until the Japanese government and the three major companies are completely desperate and give up on memory chips.

Oh, by the way, China's conscientious computers and mobile phones mainly purchase memory products from Elpida and Samsung.

In recent years, because Samsung Semiconductor has been too strong and its supply prices are too high, Conscience Group has begun to increase the purchase of Elpida memory chips. "

Deng Yuanjun glanced at Xia Jingxing. Others didn't know it, but he knew that Conscience Holding Group had almost become the target of Fuxing Industrial.

Relevant units are now cleaning up the remaining poison in Mu Zhi's heart, and it is only a matter of time before Fuxing Industrial takes over the company.

After the acquisition, a new question arises. How to improve the core competitiveness of the Conscience Group? It cannot be worse than the Mu Zhixin period, right?

If New Core Group acquires Elpida, although the purchase of memory chips by Conscience Group will still be considered as external procurement, at least it will not be "squeezed" until there is no oil or water left.

If Fuxing series terminal products are added, the purchasing bargaining power of conscientious computers and conscientious mobile phones will be greatly enhanced.

Xia Jingxing thought carefully in his mind. He remembered that after the financial crisis in his previous life, Elpida was acquired by Micron Technology within a few years.

Inheriting the legacy of Elpida, Micron has completely completed its rise, forming a three-legged market structure with Samsung and Hynix in the memory chip market.

However, in this market reshuffle, it is Bangzi that reaps the big profits. The combined market share of Samsung and Hynix in DRAM can reach more than 70%.

Hynix's dominance over NAND flash memory is slightly weaker, but Samsung is still the dominant player in this industry segment.

If the market structure is allowed to evolve as it did in the previous life, Fuxing Industrial's end products will be exploited in the chip procurement process. Even if it does not want to become a conscientious company, it will at best be mixed into a large rice.

Although stick people are annoying, in the field of semiconductors, their growing strength cannot be ignored.

If we want to break up with stick manufacturers in the future, the problem of "lack of cores and lack of screens" that has been shouted for many years must be properly resolved.

Thinking of this, Xia Jingxing decided to say a few words and said: "The acquisition of Qimonda alone is definitely not enough, we must add Elpida.

Either you don’t make memory chips, or you have to aim for the top spot in the industry! "

Seeing that Xia Jingxing adopted his suggestion, Fu Jixun was very happy and said with a smile: "Mr. Xia, we actually have a certain foundation for making memory chips.

Marvell Electronics started out by making memory chips in the early years, but they only made hard drives and network storage chips.

If we decide to acquire Qimonda and Elpida, I think we can build a full range of storage chip industries based on Marvell Electronics. "

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