Reborn Entrepreneurial Giant.

Chapter 200 Privatization Exhibition News

In Beijin, Qu Li also welcomed many suppliers who came to Honor to inspect and confirm orders, such as Samsung for LCD panels, Texas Instruments for processors, memory chips...

After losing Nokia as a major customer, Texas Instruments belatedly discovered that there was an alternative like Honor. However, it is too late now. Qualcomm is the father-in-law of almost all smartphone companies.

Qu Li received the boss of Texas Instruments once, and then gave up. He might as well protect Samsung, the other uncrowned king besides Qualcomm, and give the best screen to himself, followed by iPhone, and the worst third-class products to Chinese companies, Lei Bu Because the company's employees offended Samsung, Si finally went to Kimchi Country several times to save the situation.

During the subprime mortgage crisis, Samsung did encounter some difficulties. At this time, it was necessary to not only stabilize customers but also use their tried-and-tested tricks: increase semiconductor and display production capacity, use price wars to attack competitors, and achieve contrarian expansion.

When it comes to far-sightedness, the only one in China that can rival Samsung Electronics is Warwick. The strategic vision and courage of the Samsung Lee family are among the best in the world. Otherwise, there would be no complete smartphone industry chain. In many industries, Have the world's top level.

Qu Li dreams of owning a company similar to Samsung Electronics. This company can definitely surpass Warwick, and it will be difficult for the United States to limit it.Unlike Glory, which sacrificed many long-term interests in exchange for the current rapid growth, between gains and losses, even if he re-examines it from the perspective of the next ten years, it is difficult for him to judge whether it is right or wrong.

"Have you decided?" Qu Li asked directly when he saw Deng Feng from Northern Light Venture Capital. After this privatization, Spreadtrum Communications will strive to be listed in China and will dismantle the VIE structure.

"It's decided, let's privatize Spreadtrum Communications together." Deng Feng

Between holding shares and privatization, Qu Li finally chose privatization, and then injected capital to establish a mobile phone chip design subsidiary. Honor will become a fixture of this company, and the shareholding ratio is set at 35% to facilitate Spreadtrum's consolidated statements, and In addition to the equity capital, money will also be given through commissioned research and development, but there is a prerequisite that Honor has the right to choose to acquire this chip research and development subsidiary in the future.

As for when the acquisition will be made, of course it will be after reaching an agreement with Qualcomm. When the annual sales volume of Honor mobile phones exceeds 5000 million units, it will be able to develop its own chips and operating systems.

Qu Li's doing this is equivalent to spending his own money to support Spreadtrum Communications, which is good for the original shareholders. However, chip design itself is difficult, and baseband chips require long-term investment. There are too many competitors in the market. Compared with MediaTek and Marvell, Spreadtrum Really Is it competitive?

"Then let's take action immediately!" Qu Li didn't waste any words. Whether Spreadtrum Communications succeeds or fails in the future, he must invest anyway, and he has to shoot when the arrow is ready.Honor is also poaching experts in the field of chip design. They will work at Spreadtrum and increase the recruitment and training of chip design talents.There is a shortage of talents now. In a few years, there shouldn’t be a shortage now, right?

Shortly after Qu Li and Deng Feng reached an agreement, Vision Fund formally proposed an overall acquisition plan for Spreadtrum Communications, whose stock price fell below US$1: to acquire Spreadtrum Communications for US$3.5, for a total price of approximately US$1.5 million, a premium of approximately 400%.

The total price is 1.5 million, but the Vision Fund previously owned 1500 million shares, and Northern Lights also owned 500 million shares, accounting for nearly 4393% of the total share capital of 50 million. The actual expenditure required was less than US$8000 million, and most management did not Not ready to cash out.

This privatization is not conspicuous at all in the context of the financial crisis. Although it is suspected of cutting leeks, who cares at this time? Instead, it is regarded as a conscience by many small shareholders, because Envision can complete this transaction at a lower price. Privatization.

The country is very concerned about the recent fame of Vision Investment, and this investigation found many interesting things, such as the identity of Sun Jianhe, the head of Vision Investment, and Xiangcai Securities.

After some complicated operations, the Vision Fund has achieved control of Xiangcai Securities and has officially taken over the securities company in Hunan Province that has been rumored to have a serious scandal with Lehman Brothers.

Some people want to interview Sun Jianhe, and some want to interview Qu Li. The privatization of Spreadtrum Communications is not something that normal investors can do, so there must be needs other than investment, such as Honor mobile phones.

"Honor Mobile and Spreadtrum Communications currently have no relationship..." Zhou Shaoning said in an interview with reporters

"What is the relationship between Naquli and Vision Investment?"

"This is his private matter, I don't know."

"Hurun has ranked Qu Li on the China Rich List this time. What do you think..."

"We're not focused on that."

Qu Li hid in Kaixin.com. After getting the money, Chen Binghao bought the pinyin domain name, acquired the development team of Kaixin Farm, and accelerated the development of the international version of Kaixin Farm.

"It's really dangerous. I almost got it by a gangster. They are contacting the seller..." Chen Binghao was afraid for a while.

"Business is not just playing house. Since you are the boss of Kaixin.com, you shouldn't have any illusions. The world is diverse. If there were only good people, wouldn't you think it would be more terrifying?" Qu Li enlightened him.

"When you say that, it seems true. How did you do it?"

"I am trembling with fear, as if I are facing an abyss, and walking on thin ice. It is not easy to make money standing up, and you have to be careful of the wolves from the surrounding areas."

"It's like walking on thin ice as if you're facing an abyss. Isn't that too exaggerated?"

“Do you think a business can succeed simply by luck, or do you think your abilities are exceptional?”

The success of Kaixin.com came too fast and suddenly. There are about 1000 million users this year and 7000 million next year. However, in October this year, Qianxiang purchased the kaixin domain name and imitated Kaixin.com to establish Kaixin.com, and Penguin imitated Kaixin Farm. Under a double blow, The promising social networking site has fallen into extreme passivity.

Unlike Zhang Yiming, the founder of Kaisen.com, who has gone through many rounds of entrepreneurship, he does not have rich experience, strong psychological quality, and ability to withstand pressure, except for the ability to deal with complex problems.

Excellent entrepreneurs are an extremely scarce resource. Wang Xing is actually more suitable for investment than Chen Binghao. The Meituan model is not as evil as many people think, but what can I say? I can understand Meituan, but I can't appreciate it.

If Qu Li or Dadongzi were to come to Meituan, they would not necessarily do better than Wang Xing. After all, if you want to provide social security for 600 million riders, you have to have very profitable projects, but the upper limit of takeaway profit is what the naked eye can see. As you can see, the unit price per customer is close to 50 yuan. If a meal really costs 100 yuan, how many middle-class people should there be in the country, and how valuable are the soft girl coins?

Wang Xing approached Quli again and proposed his own improvement plan. He asked an executive with rich media experience to be the editor-in-chief and responsible for content review.

Qu Li just wanted to scold Mom for selling batches. If you do Weibo, who will do Meituan?