Reborn as a tycoon in Hong Kong

"Go on and talk about other acquisitions."

"OK!"

"The next step is integrated circuit technology. Negotiations between Goldman Sachs and Texas Instruments have come to an end. No surprise, the negotiations will be completed within a week, and the price will be around US$170 million to US$180 million."

Lin Baicheng originally entrusted Goldman Sachs to acquire wafer fabs and packaging and testing plants, including related technologies. However, when Goldman Sachs was looking for acquisition targets for Lin Baicheng, Texas Instruments, which was preparing to sell related technologies and factories, took the initiative to approach Goldman Sachs.

Among the technologies and factories that Texas Instruments wants to sell are wafer fabs and packaging and testing factories, which include a whole line of integrated circuit technologies and factories, but they are all second-rate backward technologies. Otherwise, integrated circuit technology will be the main development direction. Texas Instruments is no longer willing to sell an entire line of technology.

The technology that Texas Instruments wants to sell is a full ten years behind Texas Instruments' most advanced technology today. That's why Texas Instruments sells the technology. Companies that are not afraid of acquiring technology will become their own competitors in the future.

Although it was second-rate backward technology and not world-class technology, Lin Baicheng decided to buy it after learning about it and let Goldman Sachs negotiate with Texas Instruments.

It stands to reason that with Texas Instruments' integrated circuit (chip) technology, there is no need for Intel's memory chip technology. After all, the technology sold by Texas Instruments includes internal memory and external memory technology, but Intel's memory chip technology is more advanced. , Lin Baicheng has no reason not to want it.

With chip technology, Lin Baicheng's next goal is photolithography machine technology to achieve independent research and development without being stuck. In this era, as long as you have money, it is still relatively possible to achieve it.

Lin Baicheng said: "After the negotiations with Texas Instruments are concluded, technology research and development will also be carried out in Xiangjiang. As for the factory, we will decide whether to relocate at that time."

“Finally it’s home appliance technology.”

After Maori Haruko nodded, she continued: "Of the three technologies you named, Mr. Lin, including televisions, refrigerators, and air conditioners, Goldman Sachs has already negotiated with York to acquire small and medium-sized air-conditioning technologies. Only the small- and medium-sized air-conditioning technologies will be transferred, and the production lines will be separately built. Order. The total cost of technology transfer is US$10 million, and the prices of the ordered production lines vary depending on the specifications."

“Why doesn’t York transfer large-scale air conditioning technology?”

Lin Baicheng asked aloud. Large-scale air conditioning technology is usually used in shopping malls, supermarkets and other places.

Haruko Mouri explained: "Large-scale air conditioners are York's core business, so the related technology will not be transferred."

"Aren't there more markets for small and medium-sized air conditioners?"

Lin Baicheng was a little surprised when he heard this. Could it be that this is not the case?

"York has only entered the small and medium-sized air-conditioning market for a few years. Its market share is not large, and its technology is not the best in the market. That's why York is willing to sell small and medium-sized air-conditioning technology." Haruko Maori said.

"I see!"

Lin Baicheng nodded and didn't ask any more questions. Anyway, as long as York was willing to sell his technology, what else did he want to do?

"Just bring the relevant technology here first, and then we can decide on the production line issue after the home appliance company is established."

"Refrigerator technology, Goldman Sachs is currently negotiating technology transfer with a poorly managed home appliance company. In addition to relatively advanced refrigerator technology, this company also has technology for rice cookers, electric ovens, induction cookers, electric water heaters, washing machines and other household appliances."

"This company has so many home appliance technologies, which shows that it is not bad at it. Why is it still running poorly?"

After hearing what Maori Haruko said, Lin Baicheng couldn't help but ask.

"This company is involved in too many types of home appliances and not strong enough, so it has problems in its operations. However, this company involves many home appliance technologies, so it is a suitable company. Target."

Haruko Mouri paused as she spoke, and then continued: "However, the state government does not want this company to go bankrupt. Because it involves a wide range of home appliances, there will naturally be more factories, providing tens of thousands of products to the state. Jobs is one of the few large companies in the state. So the state government contacted us and hoped that we could continue to operate the company after acquiring the company. The state was willing to provide us with a low-interest loan and three years of tax exemption."

"What's your suggestion?"

Lin Baicheng asked, this was exactly the time when he needed his assistant to give him advice.

“If you just acquire technology, it only costs about 20 million US dollars.”

"The actual value of this company is about US$120 million, but its liabilities are as high as US$100 million. Not only are banks no longer willing to lend to the company, but even the company's shareholders no longer want to operate, so the price does not exceed US$30 million. We can acquire this company. However, the company is losing money every month. If it cannot turn losses into profits after the acquisition, it will cost a lot of money."

"The value of this company is certainly there. According to our assessment, if we can inject no less than US$20 million into the company after the acquisition, and reduce the company's projects and switch to specializing in several home appliances, then the company can turn a profit." The possibility of making a profit is still very high. By then, the value of the company will have greatly increased, which will be much more cost-effective than simply acquiring technology."

Bill Harveys spoke out about the team's deliberations.

"Since you think it is more cost-effective to acquire the company, then notify Goldman Sachs and let Goldman Sachs acquire the company as a whole. Remember to send someone from your team to follow up."

Lin Baicheng chose to trust his assistants, after all, they were more capable than him in this area.

"OK!"

Bill Harveys responded.

Haruko Mouri continued: "The last one is TV technology. Originally, Goldman Sachs already had a target, but a few days ago General Electric came to Goldman Sachs. GE was planning to shut down the TV department and package the technology, factories, channels, etc. for sale. , asking the company if it has any intention to acquire it. The acquisition will cost at least US$100 million. The specific price is unknown because it has not been discussed.”

"You told me about this, and I told you to think about it at the time. I still have this attitude now. Whether I want to acquire the TV division from General Electric depends on whether I can make a lot of money from the short side in the short term. , otherwise I would have no funds for acquisition.”

Lin Baicheng shook his head. His acquisitions had completely exceeded his quota. Most of them were in semiconductor technology, but it was too rare to acquire the technology of an entire chip production chain. He really didn't want to miss it.

Relatively speaking, home appliance technology is incomparable with semiconductor technology. Therefore, if you have to make a choice, you can only reduce the acquisition funds for home appliances.

However, if he can make a lot of money from the short-term British capital family in the short term, then Lin Baicheng will have enough money to complete all target acquisitions.