Vol 6 Chapter 729: tortuous

At first glance, 800 million US dollars and Qimonda sound very unmatched. After all, Qimonda has been the second largest manufacturer in the storage industry for a long time, and it has more than 10% market share in the first half of last year. .

It is also a leader in the 300mm wafer industry and one of the largest suppliers in the storage market for personal computers, servers, and consumer electronics.

Not to mention, Qimonda also has 5 factories around the world, of which, in Germany and the United States, each has a 300mm fab.

The initial investment for such a factory is more than US$2 billion.

The purchase price is only 800 million US dollars?

Isn't this also a joke?

But combined with Qimonda's on the verge of bankruptcy, this price can really brighten Mr. Luo's mood.

Why did Qimonda go bankrupt? Because in this money-loss war that has lasted for three years, it has already lost its money and has no more money to lose. It is now insolvent.

Goldman Sachs Gary Cohen brought some data. Because of Goldman Sachs' advantages in the United States, they have roughly figured out Qimonda's situation in the United States. Qimonda has two companies in the United States. From the financial report, the assets are natural. It is more than one billion US dollars, but at the same time, there are also so many debts.

That is, if you only consider it from a financial point of view, you are bidding for $1, and it cannot be said that it is a low premise that you must bear the corresponding debt.

The assumption of debt was confirmed in the last Samsung agreement. This can be said to be a prerequisite for Qimonda's acquisition.

Mr. Luo couldn't help but sigh at this moment, his persistence is indeed not wrong, see, I am about to give everyone a satisfactory explanation.

First, he decided to counter-offer.

Since they all reported 800 million in good faith, it is said that Samsung really wants to acquire Qimonda. This is the basis for the counter-offer.

"Li, your offer made me feel sincere. You may not know that because of yesterday's quotation, some of our shareholders do not approve of contacting Samsung again."

The opposite smiled.

On this issue, I gave you a very sincere explanation from the beginning, and now he doesn't want to bother with it.

Besides, listening to you say this, it seems that Qimonda really has many options.

"This offer is the best affirmation of those opinions, but Li, considering Qimonda's existing assets, especially," he emphasized, "we hold a huge amount of patents,"

"Since it belongs to Siemens and became independent from Infineon in 2006, Qimonda currently holds more than 8,000 patents."

"These more than 8,000 patents are our core and most important asset. We believe that many of these patents will definitely help Samsung further improve the advantages of storage products and completely establish Samsung's leading position in the storage field."

President Li smiled slightly, "Mr. Luo, a company like ours does not have nearly 10,000 patents, so it can't be justified, right?"

When the people at Samsung saw this, they all laughed. Yeah, as a few giants in the storage industry, who has no patent yet?

President Luo glanced at the other side.

Generally speaking, people with good acting skills can more clearly see through the reactions of others, whether they are real or acting.

He was born in a wealthy family, and has been fascinated by President Li since he was a child. He couldn't see the reality for a while, but there were still a few people on Samsung's side.

He concluded at a glance that Samsung did not really care about these Qimonda patents, as President Li said. On the contrary, they should care about it.

President Luo probably understands the reasons for this. Samsung itself should also have a large number of patents. If you add the more than 8,000 Qimonda's, it will be very helpful for them to establish patent barriers.

Patent barriers are what leaders in any industry want to do the most. There is no end to the improvement of patent barriers.

He wants to add another fire, "In the current mainstream storage products, Qimonda has obvious advantages. That is, we are proficient in grooved technology, and we have successfully introduced superimposed production technology. "

"Our own factory, as well as the foundry that we cooperate with, can quickly provide these two kinds of memory chips produced by different processes at the same time as required."

"As a world-class mobile phone company, as well as its own storage company, I think Samsung must know Qimonda’s advantage and the significance of it better than anyone else."

"For other industries, products produced using the grooved process may have such shortcomings, but for smart phones that will soon usher in a big development, they are equipped with grooved memory because of lower energy consumption Mobile phones, hardware performance will definitely be better,"

When talking to Feng Yiping, he emphasized this point, and after that frustration, he raised this point accordingly.

"Samsung should know better than us that after the development of smart phones, competition will also be very fierce. By then, even a small advantage can bring great help to Samsung."

"...Others, including Qimonda's current market share, I think you should be as clear as we are."

"So," he looked at the other side, "we think that under other conditions unchanged, 1.2 billion US dollars can truly reflect the value of Qimonda."

2. Yesterday, Samsung’s offer was 120 million U.S. dollars, which happened to be one-tenth of the price they wanted. That’s why they felt humiliated and didn’t even want to bargain.

President Luo thought well at this time, you quote 800 million, I quote 1.2 billion, and then everyone compromises and concessions, and finally, 1 billion is sold, Bingo!

Such a big deal, in the final analysis, is no different from ordinary people going to the market to buy food.

President Li, who was opposite, still had an indistinct smile on his face. He waved his hand slightly, "Luo, your statement is very wonderful, but for this offer, we have considered all the factors, 800 million US dollars. , This is our final offer,"

Although he spoke in harmony and with a smile on his face, everyone felt the firmness in his words.

Only 800 million US dollars, no negotiation!

Mr. Luo was a little frustrated, one billion dollars, that is really an excellent figure.

Could it be that this rich man is not willing to bargain for money like ordinary people?

But your Samsung seems to be less than that.

"Lee," he wants to work harder to make a deal, can't you come and discuss it with me?

"President Luo, we have some additional details regarding the debts Qimonda has assumed and the 800 million US dollars," said President Li.

Someone on the other side immediately handed out a document to them. Manager Luo picked it up and frowned.

These so-called supplementary rules are actually Samsung’s arrangement for the repayment of Qimonda’s debts. After the two parties reached an agreement, the first time they returned was the German government’s subsidy to Qimonda totaling 280 million euros.

President Luo understands this very well. Asian companies are especially concerned about their relationship with the government.

The second place is Qimonda's most important partners, such as Huayaco and Winbond, which are OEMs for Qimonda.

Next, is to reach a new agreement with the banks...

In the end, it is the payment of the 800 million US dollars, or it can be said that the compensation to the shareholders and the management team such as Mr. Luo is also the reason why he cares about the price very much.

Regarding the payment of 800 million US dollars, there are also successive ones. Manager Luo and his management staff put it to the end.

This... is like slapping face to face.

The implication of this is naturally that Samsung believes that Qimonda's biggest contributor to the bankruptcy is their management team.

Mr. Luo can actually tolerate this, as long as he has money, but judging from the detailed rules of Samsung, he would have to get his own compensation within two years at the earliest, which is a bit intolerable.

After two years, who knows what can happen?

All the bad things are thinking, two years later, your Samsung semiconductor company will definitely exist?

Considering that the economic situation this year will still be poor, Samsung took over Qimonda~www.wuxiaspot.com~ The storage market is still oversupply, and Samsung’s loss is the biggest...it’s not impossible.

At that time, who should I ask for money?

He calmed down his anger a bit, "We can understand that under the current situation, Samsung's funding situation may be a little nervous."

He clearly noticed that President Li's expression changed for the first time. He knew that he was right and that Samsung was also short of money.

Are you so awesome?

"But my duty, the first thing that makes me insist on getting in place is the 800 million dollars, by the way, at least 800 million dollars,"

People on his side agreed with him collectively for the first time, "Yes, this money has priority!"

Just kidding, this is a matter of self-interest.

There was a smile, "I think we have reached a gratifying consensus in this meeting. So, should we take a short break and continue in the afternoon?"