Rebirth of the Official Business Route
Chapter 1080: Sugar daddy
Rebirth of Official Road Business Chapter 1080: Sugar Daddy
On the banks of the Ye River. West Cuiyuan. The Lion Garden to the west of the Lion Mountain is the two best high-end villa complexes built along the riverside of Ye. Villas and western-style houses along the river. Look north by the window. You can see the lights of the Second Bridge at night and the reflections in the river water.
Li is standing at the north window. Looking at the blurry river water under the night. Listening to the deep sound of the river slapping the shore rocks. On the windowsill is the evaluation report of the Samsung Economic Research Institute on Microsoft's acquisition of 3% of Global Music Online. Fastest update of novel chapters
Li Zaixinyu sat on the sand. Tilted his head and looked at the report. Mouth pursed slightly.
The Samsung Economic Research Institute is Samsung's think tank. It is also recognized by the Korean people as the most outstanding industrial economic research institution in Korea. Samsung can get out of the mud of the Asian financial turmoil. The Economic Research Institute played a huge role in intellectual support. Samsung's opening to the Chinese market did not go as smoothly as expected. In addition to other industrial adjustments. The headquarters also made a decision. It is the establishment of the China Center of Samsung Economic Research Institute in Jianye to systematically study the deep-seated problems of the Chinese market.
Li Xinyu sat with a frown. It is because she is required to be a member who must contribute to Samsung. Asked to participate in the work of the China Center of Samsung Research Institute. It's just that the center is still under construction. She can be lazy and not participate for the time being. "Fiction" novel chapters are updated fastest
"Have Xin Yu read the headquarters report?" Jin Nanyong brought coffee in. Assigned to Li Zai and Li Xinyu.
"Yeah!" Li Ye nodded. My heart feels really sad.
Who knows. Ordinary brothers and sisters have a blind date. It's just that Li Xinyu rarely feels this way from the brothers and sisters in the family. My father had been cultivated as a successor very early. The previous situation. Li Xinyu is still young. No memory but seven years after his grandfather died. She had already gone to school and the strange atmosphere of that time in the family made her remember. Now everyone is vying for the place of heir.
What is Lee's thinking, why must he use the excuse of his family to force himself to participate in the work of the China Center of Samsung Economic Research Institute? Is it possible to put the blame for the failure of the Chinese market on others? Don't let yourself participate in trade secrets. Are you expecting her to betray the family?
Jin Nanyong frowned at Li Xinyu. Take the report in your hand. Randomly flipped through. Seeing the atmosphere is a bit solemn. Open a topic. Think about it. Read the last part of the unfinished report. Kumho Microsoft Lions will cost 900 million U.S. dollars to open their mouths. There is a lot of discussion about this in the outside world. Providing strategic think tank support for Samsung Group Samsung Economic Research Institute also soon entered in-depth research on the matter.
The Japanese company of Aida Group takes advantage of the financial turmoil to hit Asia next year in seven years. Acquired a global music online website in Japan for less than one million U.S. dollars. After that, ess and Aida Group North America successively invested 20 million US dollars in the exhibition. Obtained online sales awards from most traditional music vendors including the four major international singers including Universal Sony Warner
The end of 1998. Toshiba and Skopper have jointly invested US$60 million in Global Music Online. Acquire 3% of the equity. On the one hand, Global Music Online does not have to worry about the shortage of capital at all. On the one hand, the three major hardware manufacturers of digital music players are completely bundled with Global Music Online.
Toshiba and Skopper acquired a 1,30% stake in Global Music last year. A total of 60 million U.S. dollars in cash was paid. When Toshiba Skoper accepted the offer at the end of last year, the industry felt a little weird. But consider from the favorable angle of ip1ayer hardware sales. Blackmail Jin Xiaoxiao. It's not something unbearable—if you don't blackmail Kumho, you will lose even more in the future. This is not something difficult to imagine.
One year has not passed yet Kumho has offered Microsoft a 15-fold increase in price for 30% of its equity. Li Zai doesn't know whether the top leaders of Toshiba and Skobor are cheering secretly or secretly wiping sweat from their noses...
Compared with the gold invested by Kumho. If Microsoft accepts this offer. This means that Kumho's investment has achieved a return of nearly 150 times in more than two years.
Li stared at the faintly gleaming surface of the river in the night. It was silent for a long time. It's because of Xin Yu's resistance. There were economic data in the newspaper that gave him a heavy feeling—this report seemed to tell him. Among the rising stars of the global financial business community. He is far from being among the best.
Jin Nanyong also said nothing. When the outside world generally doubted that Kumho's big opening will anger Microsoft. The final conclusion of the report of the Samsung Economic Research Institute turned out to be "The quotation of 900 million US dollars is not too outrageous"!
The report pointed out: The copyright storm and the ever-expanding dmp-ip1ayer hardware market in Europe, North America, Japan and South Korea this year. Determine the growth of global music online.
Although the copyright storms that traditional merchants have set off in economic regions such as Europe, America, Japan and South Korea this year have made decisive progress after the summer. The collection of free Internet music resources in the district of Jida has been declining rapidly. This area is the focus of ip1ayer's current market. Therefore, the sales of ip1ayer hardware have been seriously restrained. However, due to the increasing maturity of commercial flash memory technology. So that ip1ayer has great room for price reduction. In fact, the impact of the copyright storm on the sales of ip1ayer hardware is far less than expected.
It's just that everyone enjoys the huge profits at this time. Don't rush to adjust the price.
It was pointed out in the report. As long as the price of mainstream ip1ayer products on the field is reduced by one-third. Increased hardware sales can return to the level before the copyright storm.
What stage is the commercial technology of nand flash memory? As one of the top three suppliers in this field. Samsung certainly knows it well.
Samsung Electronics Korea headquarters has just developed a prototype of a 1g flash memory chip. It is estimated that it will not take a year to put into large-scale commercial production.
Although it is impossible to accurately judge which step Kumho's technical level has reached at this time. However, it can be roughly judged that the technology gap between Kumho and Samsung in flash memory chips is between one and two generations. If necessary. Kumho should also have a large number of flash memory particles with a storage capacity of 256m on the market-Toshiba's technology investment in flash memory chips has declined. Toshiba and IBm have set their sights on the micro hard disk technology with a larger storage capacity. Compared with micro hard drive
prospect. There are still too few flash memory chips with 1g storage capacity that can be mass-produced by the end of next year at the earliest. Toshiba and IBm have had no mature commercial technology for micro hard disk technology for more than a year. Flash memory chips are also the core factor that determines the price of ip1ayer.
At this time, Kumho launched four ip1ayer products in the North American market at prices ranging from US$199 to US$699. Jin Nanyong believes that Kumho will not lose money even if it cuts the price of the highest-end quad 512-capacity ip1ayer, which is priced at US$699 in the market, to less than US$30.
The report pointed out: Kumho holds considerable initiative Kumho has significantly reduced the price of ip1ayer in North America. Stimulate the rapid growth of the hardware market. At the expense of hardware profits to promote the ball music online to gain more room for growth. The equity value of Global Audio Online has naturally risen.
Including Samsung Electronics. Other digital music player hardware manufacturers certainly do not want the price of the hardware to drop sharply. Market growth brought about by the sharp drop in selling prices. In a short period of time, it is impossible to offset the loss of profits caused by the sharp decline in selling prices. Besides, the transaction between Kumho and Microsoft also includes the licensing of ip1ayer product technology, which means that once Kumho Microsoft reaches an agreement. The ip1ayer hardware market has squeezed out a giant crocodile to share food.
Although Microsoft has yet to show its skills in the fee-based electronic hard market. But which consumer electronics manufacturer in the world dare to underestimate Microsoft's expansion?
All the initiative is in Kumho's hands. Including Samsung Toshiba Skoper. Looking at Kumho with big eyes. See Kumho’s right to benefit.
Toshiba's Scottish is okay. After all, Toshiba owns a 1,0% stake in Ball Music, and Scooper owns a 10% stake in Global Music Online. They lost profits on hardware sales. At least it can make up for some of the equity appreciation.
When it comes to making up, it's not just a few. If Soft accepts Kumho’s offer, Toshiba’s equity investment of US$4,000 will increase to US$600 million.
To know. Suffered by the financial turmoil. Toshiba's total net profit of all consumer electronics, communications and computer businesses in 1998 was less than US$600 million.
What profit loss does Toshiba Gaobai have on hardware sales? Transferring part of the stock price to a venture fund is enough to make up for it.
Jin Nanyong was standing a little closer to the window in his heart, thinking about the various factors in it. Only Samsung is a child without a mother. The hardware sales profit may suffer a great loss, and it is impossible to compensate Toshiba Skobor from the ball music online.
Samsung has worked hard for a year. ip1ayer's global sales have squeezed Viskober into the top three, but what's the use? When Kumho closely integrated ip1ayer with the online music sales model of Global Music Online. Three grabbed hardware sales. Is destined to be passive forever
Li Zai turned around suddenly. Jin Nanyong was taken aback. Seeing Li's eyes widening and shining. I forgot to ask him what thoughts came up.
"Microsoft is going to step in. We can't stop it. Instead of letting Microsoft and Kumho. Why can't we take the initiative," Li Zaichou asked aloud. He hit the palm of his hand hard with his fist. Seeing that the market size of ip1ayer is getting bigger and bigger. The rope that Kumho puts on his head also feels more and more tightened
"Copy Global Music Online outside of Global Music Online?" Jin Nanyong asked. He and Li are communicating in Korean. Unconsciously, his description is very laborious.
"Although it's a bit difficult, it's better than we squeezed Kumho's neck and Microsoft gave Kumho 900 million dollars!" Li Zai said.
"We want to cooperate with Microsoft. How about Kumho actively lowering its offer to Microsoft?" Jin Nanyong asked. Take a look at Li Xinyu.
Li Xinyu pursed her lips and said nothing. Pretending to be thinking. Just don't let the atmosphere be too rigid.
"Kumho takes the initiative to price Microsoft. It is also good for us." Li Zai said. "The profit from the transfer of global music online rights has decreased. Jin will not give up too much hardware sales profits. Slow down the pace of substantial price reductions; the amount of funds that can be obtained by Kumho at one time will be reduced. It can't be said to be said. What a bad thing!"
Li of Jin Nan Yongjue is right. It just feels too simple again. Could it be that Kumho offered Microsoft a $900 million quotation. There are considerations that will anger Microsoft. Didn't think about giving them opportunities? There is no way to think through some things, but to judge things based on the amount of information already available. Say it again. He can only suggest to the headquarters whether the headquarters will adopt it or say otherwise. After the headquarters was adopted, it was mostly implemented by American companies.
Jin Nanyong thought again. What is Mitsui's opinion on this? Think so. Look at Li Xinyu again.
※※※※※※※※※※※※※※※※※※※※※※※※※※※※※※※※※※※
Chi Zuo Xiuzang and others are also building Ye. The main project of Huaxia was completed. He is the general representative of Mitsui & Co. in China. Was invited to attend the completion ceremony of the main project.
The Asian wafer market is far from recovering. Except for a few fabs that can be full. For example, if the fabs of electronics in Japan have surplus production capacity, they will naturally not allocate the business to this side. Most people think that Huaxia should suspend production. Avoid the situation of huge losses as soon as it is put into production.
Chisao Hidezo did not want to attend the completion ceremony of the main project. Realistic situation. If he does not come forward to Huaxia, I don't know how much it will suppress the microchip microchips.
He now comes to the news. The US authorities also hope to promote China and the WTO. Reach a Sino-US bilateral agreement as soon as possible. The US authorities hope that China will make greater concessions in liberalizing the domestic market, so it is very likely that the wafer technology transfer association of Microchip and Texas Instruments will relax the review standards.
This is almost a situation that all electronics manufacturers in Japan, Taiwan and South Korea are unwilling to see.
Once the wafer technology of Microchip and Texas Instruments allows the agreement to pass the review of the US authorities. The wafer manufacturing level of Microcore Microcore can be improved by two generations in a very short time. Kumho of Aida Group, which stands behind Microcore Microcore. The growth in recent years is so amazing. It is almost certain. Once the technology transfer agreement passes the review, the Asian electronics industry
Influence.
Japan, South Korea, and Taiwan's basic electronics industries can only be forced to China with lower labor costs and richer human resources.
Regardless of looking at things from a realistic perspective. The people who still have grievances with that guy Chi Zuo Xiuzang want to move China; China does not lose money. He doesn't care about it, and he doesn't need the Japanese to bear the loss anyway. If China has a huge loss. And Microchip is very profitable. Chi Sa Hidezo based on his understanding of Chinese officials. There is no need to worry that Chinese officials will agree to China's strong support. Sometimes it takes too much effort. It will naturally pull sideways.
With such thoughts. Chi Zuo Xiuzang came over to participate in China Electronics with a high profile, and some important people came over. Also quite eager to tune. Putting Ne Electronic Promise into trial production will hand over a foundry order to Huaxia for completion-always give some sweetness first.
It was not before the plane to Jianye that Chi Zuo Xiuzang knew that Kumho had opened his mouth to Microsoft Lions. At that time, it was also a bit miserable. I don’t know why Kumho dared to offer a price of 900 million U.S. dollars. Two days to Jianye. There has been a lot of news gathered from this aspect. Just clarified some context.
It is precisely because of clarifying some context. I felt a headache. Attended the completion ceremony of China's main project. Chi Sa Hidezo even wanted to laugh. Will subconsciously clenched his brows.
For the past two decades. The portable music player market has always been dominated by Japanese companies. Japanese electronics companies drew huge profits from it. So far, Suo has sold nearly 200 million tapes a1kman5 million net globally.
The reason why Suozai can ascend the throne of the global consumer electronics industry today. Therefore, the audio player market has made a great contribution. Before Kumho launched dmp-ip1ayer. Sony and other Japanese companies have never considered which other company has the ability to compete with them in the portable music player market. When Kumho first launched the dmp-ip1ayer on the Japanese market in early 1998. Outside Toshiba. Sony and other Japanese companies disdain
Toshiba Lake's alliance did not change their posture. Until the end of 1998. The total sales in North America have passed md. Sony and other Japanese companies are a little flustered.
The reason why dmp-ip1ayer was able to rise rapidly in 1998. There are a lot of free music resources on the Internet. Sony and other Japanese companies have seen this very clearly. Indeed, starting from this aspect, I want to bring the situation back.
Sony is also one of the four major music houses in the world. Authorize global music online to sell music with copyrights owned by Sony. For this reason. It is inconvenient for Sony to come forward and fight against the infringing official directly at Zhahu. The Recording Industry Association of America has become the best representative. Just never thought of it. The infringement lawsuit that was supposed to deter Kumho from withdrawing from North America has caused almost all Internet-related emerging capitals in North America to tend to sympathize with Kumho. It also made the idea brand famous in North America. Product sales surged. The sales of cdmd of Japanese brands in North America have declined slightly since the beginning.
Sony adjusted its strategy after a rush with Japanese companies and the Recording Industry Association of America. Direct the spearhead of infringement lawsuits on Internet companies that provide free music resources. Not only the Recording Industry Association of America. Sony is one of the world's four major music companies. You can also stand upright and shirtless. Dozens of lawsuits started in Japan.
This time let them find the beat. After the Internet free music resources plummeted. The booming sales growth in Dakoku and the region temporarily came to an end. Although the rights of countries and regions that are not economically reachable are still serious. However, the computer penetration rate in economically underdeveloped areas is low. The high price of dmp-ip1ayer has entered the sales in the region. After the summer, Kumho began to sell ordinary ip1ayers with a capacity of 64m at a price of 2,000 yuan in the domestic market. The sales volume during the summer was less than 20,000.
Chi Sa Hidezo is quite clear about the whole story. It was also secretly coordinated and promoted by Mitsui’s forces; Sony’s contact person, Hiroyuki Nakamura, came forward to coordinate the matter. It can be regarded as an old acquaintance of Kumho. Seeing that the momentum of dmp-ip1ayer sales growth is curbed. Both Hidezo Ikesa and Hiroyuki Nakamura thought that the first battle was barely won. Hiroyuki Nakamura views this matter more from the standpoint of Sony. Ji Zuo Xiuzang was mixed with personal grievances. Who would have thought that the pleasure of winning a handful temporarily would be smashed without keeping it for a month~www.wuxiaspot.com~ It was discovered that he shouldn't have any pleasure at all.
To curb the growth momentum of global dmp-ip1ayer sales. But Kumho borrowed an official from the Recording Industry Association of America. Sales in North America have nearly tripled. It's just a little bit slower in the last month-but Sony and other music vendors have eliminated Internet-linked free music resources. Directly lead to a sharp increase in the market value of global music online. This is the fundamental reason Kumho dares to open a 30% share offer of US$900 million with Microsoft Lions.
From beginning to end. Kumho is picking up big bargains. Think through something. Chisao Hidezo felt bitter in his mouth. There is a feeling of vomiting blood.
Chi Sa Hidezo first thought that it was also the destruction of this transaction between Kumho and Microsoft. Toshiba and Samsung joined the dmp-ip1ayer camp. It threatens the position of the king of Japanese companies in the portable music player market. Let Microsoft add the dmp-ip1ayer camp. Doesn't it mean that all the achievements of the previous efforts may be in vain?
In Chizuo Hidezo's view. The reason why the lake can rise. Can miraculously rise in more than five years. It has a lot to do with the big tree in Deyi near Kumho. Don't say far. There is no Deyi. With its own capabilities, Microchip wants to improve the wafer process technology by two generations, it will take ten years. That's it!
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