My Age of Investment

  Chapter 1084 wait and see (a pear flower leader 710)

  "Why do I meet strangers, Mr. Dai has a very good analysis and is very objective!"

   Seeing Xia Jingxing finally laughed, Dai Weili also laughed, and his mind suddenly relaxed.

  The big rock in Zhou Xiuwen's heart, who was sweating for his wife while sitting next to him, finally landed. Fearing that Xia Jingxing was young and energetic, he just lifted the tea table off the table.

   "Mr. Dai, you just got the pulse of Fuxing Phone. Would you like to hear my little bit of my opinion on Meiman Electronics?"

Hearing this, Dai Weili raised his head and stared at Xia Jingxing. The latter had a faint smile on his face, and he appeared extremely confident.

  She had a sense in her heart, it should have just suppressed the opponent's momentum, and the opponent is about to get back to the game.

  This is not a battle of will, but a struggle for negotiation advantage.

  She just pointed out so many flaws in the Fuxing mobile phone. Naturally, Xia Jingxing can't go too far if she wants to cooperate in the future.

  Similarly, Xia Jingxing points out the defects of Meiman Electronics, and everyone is back to the same starting line.

  Dai Weili is still very open-minded, and can listen to suggestions.

She smiled and replied: "Mr. Xia, you are humble. You are a top technology entrepreneur in the industry and a top investor. Your judgment on business operations and technology development trends may be comparable to few people in the world. superior.

  Being able to listen to your suggestions is a dream of countless entrepreneurs, and it is also my luck. "

  Xia Jingxing smiled and said: "Mr. Dai is really too acclaimed. The chip industry is highly professional. I can only say a few words from the perspective of a layman."

  Agreeable with each other again, Xia Jingxing finally started to comment on Meiman Electronics.

"At the beginning of its establishment in the mid-1990s, Meiman Electronics successfully created a hybrid storage technology of analog and digital, and with this innovative technology successfully penetrated into Seagate's supply chain, digging into the first pot of gold, also for A solid foundation will be laid for listing in the future."

  "In the new century, after the company went public, you caught up with the Internet wave and defeated Broadcom to become Cisco's network storage chip supplier."

  "Then you expanded your product line and entered the WiFi wireless field, becoming a chip supplier for Sony PSP."

  "The year before last, you spent $600 million to acquire Intel’s mobile communication chip business, and based on this, you established your own mobile phone chip business department. The first mobile phone chip you launched has entered the BlackBerry 3G mobile phone supply chain."

  ...

  Looking at Xia Jingxing, who was so cherished about the development of his company, Dai Weili suddenly became a little nervous. The other party had obviously done his homework and investigated very carefully.

  What is this going to do? Is it to cooperate or something else?

   made a statement, and Xia Jingxing made a concluding remark: “Throughout the history of the development of Meiman Technology, it is either expanding or on the road of expansion.

  I am not saying that this is not good. If you want to become a chip design giant, the product line cannot be too single.

  Nowadays, the development of consumer electronics is very good, and chip designers of all sizes are squeezing in. The fight may be more intense than Mr. Dai expected.

  You hold the moving thigh, it is a good move.

  But don’t forget that China Mobile is a Chinese company or a state-owned enterprise. "

  Dai Weili didn’t say a word, she just took a fancy to China’s upcoming 3G market, and entered the Chinese market with fanfare. She wanted to break out of this track dominated by Qualcomm.

  They have signed a strategic cooperation agreement with China Mobile, and they plan to use China Mobile, a giant operator, to complete the Chinese market share.

  However, she thinks what Xia Jingxing said is somewhat reasonable. After all, they are American companies. If there is a chip design manufacturer that can replace them in China, the identity of the American company is probably a major disadvantage.

  Speaking of this, Xia Jingxing paused for a while, and he quickly thought about the development trend of Meiman Electronics in his mind.

  In the past life, the opponent relied on holding the thick thighs of mobile. In the Chinese 3G market, it can be said to be the king and the wind and the rain. It once occupied 90% of the industry's market share.

  This leading advantage continued to the early stage of 4G, and then overturned, and was beaten by Qualcomm, MediaTek, Spreadtrum, and HiSilicon. In the end, they simply sold the mobile phone chip business and announced their withdrawal from the market.

  There are many reasons behind this. The main one is that the capital strength and technical reserves are not strong enough.

  Mobile phone chips are equivalent to the battleground of various chip lords. No two brushes cannot sustain the technical iteration and upgrade called Flesh Mill.

  The reaction is a little slower, the input is a little hesitant, and it will be out the next moment.

Having said that, even if the mobile phone chip of Meiman Electronics started early and rushed for a late episode, it eventually lost the entire battle. After refocusing on the two major advantages of network and storage, Meiman Electronics still has six to seven hundred in its previous life. The market value of 100 million US dollars is the leader in the field of chip design segmentation.

  It can be said that the company's foundation is very good, the network and storage chips have a solid foundation, and the mobile phone chips have also made a good start.

  If there is strong capital support, continuously increasing investment in mobile phone chip research and development, and integrating and annexing various rivals, it may not be impossible to become a chip design giant with multiple product lines.

  Xia Jingxing continued: "Consumer electronics, especially the mobile phone chip market, is like a tempting fruit. All parties are rushing to this field one after another. Even if it has a temporary advantage, Meiman Electronics is not stable.

  If you want to maintain a long-term advantage in this field, long-term investment is indispensable. This is likely to drag down the financial report, stock price, and even affect other businesses of Meiman Electronics.

  If the board of directors is not satisfied with this, it may even shake the position of President Dai and President Zhou. "

  Hearing this, Dai Weili's face became a little ugly, and the good old man Zhou Xiuwen also felt a little embarrassed.

  Xia Jingxing’s words are tantamount to saying in disguise that they have insufficient electronic strength, and that they are prone to collapse when opening up several fronts. At the same time, they also pointed out that their two founders have insufficient control of the company.

  Xia Jingxing did not talk nonsense. In the previous life, the couple became scapegoats for the crash of Meiman Electronics’ 4G mobile phone chips. Both of them resigned and returned their homes, as if they went to found a DPU computing power chip company.

   "Mr. Xia, is it an overstatement!"

Dai Weili regained a smile on his face, “Meiman Electronics’ current market value has reached more than 14 billion U.S. dollars, close to 15 billion U.S. dollars. It is the world’s ten largest fabless semiconductor design company. Based on the revenue and business growth in the first half of the year, we infer that this year The annual revenue can reach about 3 billion US dollars.

  In addition, our annual R&D investment is US$1 billion, and we plan to invest more than 1,000 engineers in the OMS project of cooperation with China Mobile.

  How come you get to Mr. Xia, so you can’t watch it at all?

  I know Mr. Xia, you have great ambitions, but after all, chips are a slow-working industry. We will continue to increase investment in mobile phone chip research and development, and technology will gradually upgrade. We will not be optimistic about living on our laurels. "

  Xia Jingxing waved his hands again and again, "Mr. Dai, you are misunderstood. I definitely don't mean to underestimate Meiman Electronics. Your market value is higher than the overall valuation of Fuxing Industrial Group plus one.

  What I want to say is that Qualcomm's background is too deep, MediaTek is also very enterprising, and other mobile phone chip design manufacturers have their own magic weapons. If you want to win this battle, Perfect Electronics needs to go all out.

  This is an industry where the first place to eat meat, the second place to drink soup, and the third and fourth places to accompany running, you can’t help but be sloppy. "

  Dai Weili nodded slightly, "Understand, do you have any other suggestions?"

  "I think Midman Electronics can introduce a strong shareholder who is willing to invest in the long-term. Only in this way can you truly loosen your hands and feet to grab share in the mobile phone chip market and seize market opportunities."

  Dai Weili smiled suddenly, “Mr. Xia, the strong shareholder you mentioned is yourself, right?”

   "Of course, I plan to spend 25 billion US dollars in the semiconductor industry in the next two to three years to broaden the lifeline of the revival industry."

  As soon as this remark came out, not only did Dai Weili change his color, but also Zhou Xiuwen, who was sitting beside him, couldn't sit still.

   "President Xia, are you so determined?"

  Dai Weili asked tentatively, it was not that she underestimated Xia Jingxing's strength, but that 25 billion US dollars was really not a small sum. Few people in the world could easily spend so much money.

  Xia Jingxing smiled faintly, “We have already started to build a new chip industry investment platform in Singapore, an international platform that aims at the global chip industry.

  Domestic, the first round of fundraising of the Renaissance Industry Industry Fund has also ended, and the fund has begun to operate.

  Two funds, one is 100 billion yuan and the other is 10 billion US dollars.

  If the two of you have doubts about this, we can wait and see! "

  (End of this chapter)