Reborn as a tycoon in Hong Kong
Chapter 400 Fairchild gives up the game business
Galaxy Semiconductor.
The reason why Lin Baicheng came here today was because the company's manager, Buller Sandra, reported something to him.
"You said Fairchild Semiconductor has decided to abandon the game console manufacturing industry?"
In addition to asking Galaxy Semiconductor to dig out semiconductor talents, Lin Baicheng also asked them to help Galaxy Games recruit game console manufacturing talents. Among them, the game console manufacturing talents of Atari and Fairchild Semiconductor are the focus of attention.
Lin Baicheng knew that Fairchild Semiconductor gave up the game business in 1979. It was precisely because of this that Atari, which had no rivals, would increase its sales significantly in the next few years and become an undisputed giant, earning dozens of dollars. Billions of dollars in profits.
But Lin Baicheng didn't know the specific month when Fairchild Semiconductor gave up the game business. Unexpectedly, it was only February when he heard the news that Fairchild Semiconductor gave up the game business.
"Yes!"
Buller Sandra nodded: "Fairchild Semiconductor CEO Corrigan and other management have reached a consensus that they believe that video games are outdated and cannot make much profit, so they decided to exit the industry."
"This is really true."
After hearing this, Lin Baicheng didn't know what to say. The video game industry will be a blue ocean in the next few decades, but in a different form. The most profitable video games currently are actually arcade games, but in a few years they will become console games, and finally online games, but what has not changed is the prosperity of the video game industry.
However, Lin Baicheng quickly figured out that he was a reborn person, so he could see so clearly. Corrigan and the directors of Fairchild Semiconductor were not reborn people. They had the limitations of their times, and it was normal for them to not see clearly.
"In any case, it is a good thing for me that Fairchild Semiconductor withdraws from the game console manufacturing industry, so that the Galaxy console only needs to compete with Atari's console."
"By the way, since Fairchild Semiconductor has chosen to withdraw from the game console manufacturing industry, what will happen to the relevant talents in their company?"
"Some employees should be transferred to other departments, but more people should be laid off."
Bulle Sandra knew what her boss wanted, so she said: "I will send an invitation to these people. Boss, the salary you offer is very high. Although the office is in Xiangjiang, they are losing their jobs." , I believe that many people will choose to work for you, BOSS."
"Try to recruit as many people as possible, and remember to tell them that the company will be listed in a year or two at most. As long as they make contributions, the company will definitely give them equity incentives. As long as they have the ability, they will not be millionaires after the company goes public. dream."
Lin Baicheng immediately said that for ordinary people in the United States today, becoming a millionaire is also an unattainable dream. The average salary of non-agricultural workers is about US$250. Although the salary of engineers will be higher, unless they are extremely capable people, the salary of ordinary engineers will not exceed US$1,000 per month. They can earn one per year. Ten thousand dollars is not bad.
One million US dollars. If calculated according to current salary levels, the average engineer will not earn that much in a lifetime.
Of course, the equity incentives obtained are worth millions of dollars after listing. This is certainly not an equity incentive that ordinary engineers can obtain, and the amount is certainly not large.
But for many people, this big pie is enough to make them fantasize, and if this number is reduced ten times, many people will be satisfied if they can get equity incentives worth $100,000.
"I think many people will be moved by the treatment you give me, BOSS. After all, there are only a few people who really don't care about money."
Bulle Sandra didn't believe that those people would still hesitate in the face of high salaries when they lost their jobs. It was more likely that they would pack up and go to Hong Kong.
"I hope it's as you said."
Fairchild Semiconductor gave up the game business. Lin Baicheng now wishes that the console of Galaxy Games could be completed immediately, but this is impossible. Yokoi Junpei told him that the finished product will not be available until the end of April or early May. He only hopes that these newly recruited talents can conquer some problems. Problems, let the Galaxy host come out earlier.
Bühler Sandra said: "BOSS, in addition to giving up the game console manufacturing industry, Fairchild Semiconductor has also heard that due to the increasingly poor performance of Fairchild Semiconductor in recent years, this company has withdrawn from the semiconductor industry. dropped from second place to sixth place today, Corrigan believes that the best way to save Fairchild Semiconductor is to sell it and find a strong buyer for the company."
"Fairchild Semiconductor is selling itself out?"
Lin Baicheng couldn't help but be a little surprised when he heard this. It goes without saying that Fairchild Semiconductor is famous. He also knew that Fairchild Semiconductor had changed hands several times, and after the 21st century, it was not very famous. He didn't expect that in 1979, he was already ready to sell himself. .
Buhler Sandra nodded: "Yes, this is the news from Fairchild Semiconductor. Although it has not been confirmed, based on Fairchild Semiconductor's current performance, if the company's performance does not improve, the company will The change of ownership will inevitably become a fact."
"Do you know how much Fairchild Semiconductor is worth now?"
Lin Baicheng asked aloud, saying that he was not attracted to Fairchild Semiconductor would be pure nonsense.
"this."
Buhler Sandra couldn't help but shake his head when he heard this: "It's difficult for us outsiders to know the specific value. However, although Fairchild Semiconductor has not performed well in recent years, the company has a variety of patents and technologies, and it ranks at the forefront of the semiconductor industry. , I think it should still be worth three to four billion US dollars.”
"Three to four billion US dollars is not low."
Lin Baicheng said with some regret: "Sandra, find someone to value Fairchild Semiconductor. It doesn't need to be precise, just have a rough estimate."
"Yes, BOSS."
Buhler Sandra responded. He guessed that his boss might want to acquire Fairchild Semiconductor. Although he thought that acquiring Fairchild Semiconductor was not an easy task, his boss asked him to find someone to conduct research on Fairchild Semiconductor. valuation, then he just does it.
Lin Baicheng really wants to acquire Fairchild Semiconductor, but let’s not talk about whether the acquisition of Fairchild Semiconductor will be blocked by the White House. He cannot accept Fairchild Semiconductor’s valuation of 300 to 400 million US dollars alone. He does not have that much money to acquire it, unless the acquisition time It's after next year.
The reason why Bühler Sandra was asked to value Fairchild Semiconductor was just in case. In case the valuation of Fairchild Semiconductor was not as high as Bühler Sandra judged, only One or two hundred million US dollars, then he can still come up with the money.
But if the valuation of Fairchild Semiconductor is higher than 300 million US dollars, then there is no other way. He will not be able to come up with so much money in the short term.
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