Age of Dreams

If a high-tech company wants to grow and develop, two things are necessary.

The first is that there are sufficient R&D talents. Only when there are more talents, they can continuously invent and create valuable patents, either use them by themselves, or authorize them to make a lot of money for the company.

The second is the need to have a more sufficient patent library, whether it is for own use, or to exchange patents with others, or to restrict the development of others... Anyway, after entering the 21st century, the patent library is definitely more effective than money in this world, and it is essential.

For companies like Fairy Company that have only been established for more than two years, talents are constantly recruited, but patents in the patent library can only be enriched by purchasing.

Xiao Qi’s wireless communications chip department, Texas Instruments’ wireless technology-related, Ericsson’s wireless communications equipment, Nortel’s almost all-in-one network, and the technology patents of major mobile phone companies... etc. Xiao Qi has not only made great efforts for this. , There is still the same amount of money in days.

But Xiao Qi is not satisfied. In fact, in the past few years, Europe and the United States have encountered financial crises everywhere. It is the best opportunity to take advantage of the fire in the past two decades. I have missed the past few years, what else do I want to buy? For high-tech companies, it is even more difficult to obtain high-tech technologies than to reach the sky.

Therefore, after finishing the Nortel network in the first two months, Xiao Qi now turns his attention to another company that has been in business for a long time-Infineon.

As the semiconductor division of Siemens, Infineon has upheld the innovative spirit of Siemens and has very strong R&D capabilities in the field of semiconductor chips. Whether it is a mobile phone baseband chip or a smart processor CPU. Still on the vehicle-mounted intelligent switching system, even on various sophisticated sensors, Infineon can rank in the top ten in the world.

What Xiao Qi values ​​most is not Infineon’s more than 30,000 patent projects, but their outstanding R&D capabilities and their forward-looking nature closely linked to future technology.

Not to mention anything else, just talking about this "person-vehicle exchange system", that is, the in-vehicle intelligent system, Infineon will become the world's first in the future. Automobile intelligence is the future direction of development, and Infineon, which has the best sensors and chips, will occupy a share in this area in the future, as well as the huge profits it earns, enough to make anyone jealous.

However, it is not 2013 when the automotive intelligent system is developing rapidly. It is only the era when the simple ESP automotive electronic stability system is slowly popularized, such as the human-vehicle exchange system. It is a bit ahead.

In terms of its own main business, chips, to be honest, Infineon can't compare to the industry's leader Qualcomm, nor Samsung, and they can't even compare to MediaTek, which Xiao Qi has promoted.

Therefore, affected by the subprime mortgage crisis, Infineon has had a hard time recently. Especially after its "son" Qimonda suffered a huge loss due to the shrinkage of its dynamic chip DRAM business, Infineon's market value has plummeted from last year's highest of 8 billion euros to 5 billion euros in January.

Although by March, Infineon's market value will fall by a few percentage points to 4.53 billion euros. But during the Spring Festival, Xiao Qi had already commissioned Goldman Sachs. Let them help acquire Infineon.

Although Goldman Sachs is notorious and will be even more contemptuous by investors in the future, after accepting the commission, they are still very responsible and strong enough, especially when Xiao Qi has given enough commissions. under.

Goldman Sachs has the largest power in the United States, but it does not mean that they are only rampant in the United States. In fact, Goldman Sachs has a very large strength in Europe and even Asia.

For example, the Deputy Minister of Finance in Italy joined Goldman Sachs Europe directly after leaving his post.

In addition, there are two French ministers of finance, five senior executives from the World Bank, and 15 senior executives from the 7th European Central Bank. All of them were included by Goldman Sachs, relying on their contacts and relationships. , Speculation and cheating in various countries.

Germany, a traditional powerhouse in Europe, is naturally also the goal of Goldman Sachs' penetration. After a lot of hard work, Goldman Sachs finally got through the joints and brought back happy news without any surprises to Xiao Qi.

The Germans are willing to sell Infineon, which is in a poor condition, but they ask Xiao Qi to accept Qimonda as well.

Of course Xiao Qi stopped doing it. What are you kidding about? Qimonda is a famous scammer who owes a small amount of debt and will go bankrupt next year. What use is it for himself?

Even Qimonda is the world’s second largest DRAM dynamic chip manufacturer, and the quality is surprisingly good, but the production cost and operating cost are too high. With this effort, Xiao Qi might as well directly put Japan’s Bilda After the acquisition, they will soon go bankrupt in two years, not to mention the low price, and they can also go directly to China.

Qimonda can't move. Isn't it a horrible rhythm to leave it and Infineon in Germany?

You have to say that Infineon is a little better. After all, it develops and produces high value-added high-tech products. Even if it is produced in Germany, it will not lose money under high costs.

Moreover, Xiao Qi also had other plans for this. In the end, he would surely let the German dumb eat Coptis chinensis, which was hard to tell.

But Qimonda is not. DRAM chips can be manufactured in China, and the cost is only one-fifth of it. Can I afford to raise the company and raise people for Germany in vain?

Not to mention the high taxes that Germany levies on foreign companies, which is simply jaw-dropping!

Companies like Goldman Sachs, when you spend money, they can really let you enjoy what is the emperor-level service.

When Xiao Qi said that he did not agree, Goldman Sachs had no complaints, and immediately began a difficult negotiation with a group of old-fashioned people in Germany.

Fortresses are always breached from within. There are many German experts in Goldman Sachs. They naturally know how to deal with Germans. Under the influence of various means of interest, the stubborn Germans once again let go.

That is, they are willing to transfer Qimonda’s patent to Xiao Qi, but Xiao Qi must pay 300 million US dollars for this. If this condition is agreed, then Infineon will be able to sell 6 billion euros, a total of 8.9 billion US dollars. Sold as a whole to Xiao Qi.

In other words, plus all expenses such as commissions, Xiao Qi would spend almost 10 billion U.S. dollars to win Infineon.

The executives of the company have a lot of opinions about this. So far, the fairy company has spent a lot of money to buy patents and companies, but it involves a $10 billion acquisition, which is the first time ever.

Infineon’s smart sensors are very good. They also have their own unique features in mobile phone chips and CPUs, but they are still too expensive for 10 billion U.S. dollars.

The Fairy Company only invested more than one billion yuan in Huaguo Optoelectronics, and it has made a big breakthrough in smart sensors. Just one billion dollars on them will be enough to make them catch up with the world's first-class level.

As for the baseband chip, it’s even simpler. A group of PhD students studying abroad at Tsinghua University in the 1980s founded a company called Spreadtrum Communications, which specializes in making this baseband chip. The CPU also has a strong strength. Although it was in the United States last year Nasdaq is listed, but it is a $2 billion thing, which is much cheaper than Infineon.

Calculating in this way, if all were replaced by the simplified version of Huaguo’s acquisition, Xiao Qi could use up to 3 billion US dollars to get what he could get from purchasing Infineon. The cost was only less than one-third, and it was also conducive to control. It is definitely not an exaggeration to describe it as "cheap and good quality".

But because of reincarnation and rebirth, Xiao Qi had a longer-term vision than they thought.

In 2011, the global sales of light cars were 75 million units, in 2012 it was 80 million units, and in 2013 it was 82 million units. In the long run, as the third world countries gradually become wealthy, especially the population of China and India, etc. With the increase in automobile demand in major countries, it is basically reasonable to maintain an average annual sales of 75 million cars in the next 10 years.

Among these vehicles, cars above the compact car level have reasons to be equipped with intelligent human-vehicle exchange systems.

Infineon, as the world’s number one in-vehicle smart sensor in the future, can generate sales of at least 10 billion U.S. dollars a year in this area alone. If it can compete with Porsche, BMW, Mercedes-Benz, Audi, Volkswagen, and even Germany and even Volkswagen. Car overlords around the world have a good relationship, and it is easy to increase sales of 5 billion US dollars a year.

That's right.

This is one of the reasons why Xiao Qi wants to acquire Infineon.

Do you think Infineon is really that good? Defeated all companies, the world's first in-vehicle intelligent system, no one surpassed?

Do not be silly!

Isn't it because Infineon is an affiliate of Siemens, and Siemens and the major German auto giants are not outsiders?

If Infineon is not a German company ~www.wuxiaspot.com~ is not a division of Siemens, then it is impossible for the above-mentioned high- and mid-range cars to use Infineon's products, at least not so much and so So, how can Infineon become the first company in the market with the highest praise and market share?

Even if Xiao Qi bought Infineon, all its employees, procurement, production, etc., are all in Germany. When the German government is happy to collect taxes, there is no reason not to ask several major auto giants to take care of it!

For this market segment alone, considering the future financial resources and the possession of new technologies, Xiao Qi should buy Infineon instead of other companies.

The teenager always remembers that what he needs most is not money, but technology, as well as talents who can develop technology!

When companies in Huaguo have money but cannot buy technology and talents, are there fewer?

In addition to being used for enjoyment, when money cannot make a positive contribution at all, how useful is it? ! (To be continued. If you like this work, you are welcome to come to the starting point () to vote recommended votes, monthly tickets, your support is my biggest motivation. Mobile users please go to read.)