Video Game Empire
Chapter 576: I agree
"David, the dark circles on your face are turning into pandas. I'm very embarrassed as my boss," Lin Jieping said, looking at Li Xuan's tiredness, but his eyes were still bright.
David is Lin Jieping's English name. After all, for him, who lives in the United States all the year round, it is not appropriate to use a Chinese name that makes foreigners tongue-tied. Lin Jieping is actually a Chinese born in Saigon, Vietnam, which is now Ho Chi Minh City.
But as early as the 1950s, Lin Jieping's parents felt that the situation in Vietnam was getting more and more tense, so they decided to flee there, and the whole family moved to Hong Kong to settle down. Therefore, Lin Jieping speaks Cantonese very well. He didn't leave Hong Kong to study at the University of Toronto in Canada until he graduated from high school. Later, he obtained a master's degree and a Ph.D.
"The jet lag hasn't reversed yet, and I'm not used to sleeping on tatami in a hotel in Tokyo last night." Lin Jieping shook his head with a wry smile, but his tone was very relaxed. He has been with Li Xuan for a long time, and he knows that his boss is actually easy to get along with on weekdays.
"You can't live because of your own sins. Who told you to detour to Japan, but now Sharp Corporation is asking for you." Li Xuan motioned for the other party to sit at will. He accompanied his two children to the kindergarten to participate in parent-child activities yesterday, but he was too tired to play games, so he was too lazy to go to the company today. When Lin Jieping came to visit, Li Xuan had just woken up after a long sleep. Seeing that his subordinates are so dedicated, his boss is inevitably a little ashamed.
"The company only gets in every year. This time I encounter a big fish that is willing to bite the bait. I have to be proactive and let the other party swallow the bait first." Lin Jieping explained that the company as a Fanlin company also seems to be preparing to cooperate with the Japanese. Toshiba cooperates to jointly invest in the tft LCD panel industry. I'm going to look for opportunities to sell our cvd equipment to them," Lin Jieping said with a smile.
In fact, the fees paid by the Oriental Research Institute for the development of liquid crystal cvd equipment have already allowed Fanlin to basically break even. Orders from other companies such as Sharp. For Lam, it's pure income. It's a great deal to make a fortune with experimental technology that's ready to be obsolete.
"So the confidentiality work must be done well. If the Japanese know that you are already developing better alternative equipment, they will definitely not be willing to be slaughtered. Sharp is still confused. The yield rate of 10 is really crazy. Before they can figure out the situation, it's up to you to make quotations." Li Xuan took a sip of the bitter gourd tea that the Filipino maid made for him, and said with a smile, he has been a little angry these days.
"Li Sheng. I came here this time mainly to report to you the plan to acquire at. At company's profound accumulation in the fields of cvd, plasma injection, wafer preparation, etc., just complements our pan-forest.
Moreover, the recent stock price of at company is also favorable for our acquisition. Since the stock price of at rose to a peak of 42 US dollars per share in January this year, the whole first half of the year began to fall all the way. The stock price has now fallen back to just $25 per share
I made a takeover offer to at $28 a share and it was rejected and I raised the price to $30 a share not long ago, this time the at management and board seem to be loosening their stance, although they still refuse We have made an offer, but have already indicated that we can sit down and talk.” Lin Jieping briefly introduced the purpose of coming to Hong Kong. In fact, he had already sent the relevant acquisition report to the group headquarters in Hong Kong a few days ago.
The full English name of Applied Materials is "appliedterials", and at is the abbreviation of the company. Li Xuan is naturally fond of this company, so he had already agreed with Fanlin's merger and acquisition in his heart as early as when he saw Lin Jieping's acquisition plan.
The huge syndicated loan brought by the annexation of rca company has been fully repaid by the Oriental Group, and the group's cash flow is very abundant now. The current total market value of Applied Materials is only 3.3 billion US dollars~www.wuxiaspot.com~ is a piece of cake for Li Xuan, and Dongfang Group is fully capable of easily acquiring the other party.
In fact, the size of the semiconductor equipment market is not large. For example, Applied Materials, the total annual sales last year was only 1.4 billion US dollars. Even after 20 or 30 years, it has only ballooned to a scale of about 40 billion US dollars. This is still the sum of the market size of nearly 100 kinds of various types of equipment. Compared with the market of liquid crystals, computers, mobile phones, etc., which can easily cost hundreds of billions of dollars, it can be said to be insignificant.
But semiconductor equipment can be said to be the most upstream of the entire semiconductor industry, which greatly affects the development of the entire downstream industry. If there is no progress in semiconductor equipment technology, it is naturally impossible to have a leap in the performance of various chips, and it is impossible to realize the replacement of electronic consumer goods such as computers and mobile phones.
What's more, although the size of the semiconductor equipment market is not large, the profit margin is very high. It should be known that the applied materials company and the pan forest company in the future can squeeze into the top 20 in the list of high-profit technology companies in the United States.
"Since the at side is willing to let go, even if you boldly raise the offer, as long as the total offer is controlled within 500 million US dollars, I will not object," Li Xuan said bluntly.
This made Lin Jieping a little stunned. He didn't expect his boss to be so decisive. When Applied Materials' stock price peaked at the beginning of the year, its total market value was only $5.3 billion. He estimated that raising the purchase price to $33 a share would be enough to make at's shareholders capitulate. At this price, the total cost of the acquisition is less than $4.5 billion. In other words, he hasn't said anything yet, and his boss has agreed that his plan is unfinished.
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