Rebirth of the Official Business Route

Rebirth: Official Road Business Chapter 1080 Sugar Daddy

By the Ye River. West Crest. The Lion Garden and the Lion Garden to the west of the Lion Mountain are two of the best high-end villa communities in the Linjiang area of ​​Jianye. Villas and Western-style buildings in Linjiang. Looking north from the window. You can see the lights of the Second Bridge under the night and the reflections in the river water are bright and blurred.

Li was standing in front of the north window. Looking at the blurred river under the night. Listening to the low sound of the river beating against the rocks on the shore. On the window sill is the Samsung Economic Research Institute's assessment report on Microsoft's acquisition of a 3% stake in Global Music Online. Novel chapters are updated the fastest

Li Zaixin sat on the sofa. The report I was looking at with my head tilted. He pursed his lips slightly.

Samsung Economic Research Institute is the think tank of Samsung. It is also recognized by the Korean people as the most outstanding industrial economic research institution in South Korea. Samsung can come out of the mud of the Asian financial turmoil. The Economic Research Institute played a huge intellectual support role. Samsung's opening of the Chinese market did not go as smoothly as expected. In addition to other industrial adjustments. Headquarters also made a decision. It is to establish the Samsung Economic Research Institute China Center in Jianye to systematically study the deep-seated problems of the Chinese market.

Li Xinyu sat with her brows slightly frowned. It is because she is required to contribute to Samsung as a member. Asked to participate in the work of the China Center of Samsung Research Institute. But the center is still under construction. She can be lazy and not participate for the time being. Fiction novel chapters are updated the fastest

Has Xinyu read the report from the headquarters? Jin Nanyong brought coffee in. Give it to Li Zai and Li Xinyu.

Yeah! Li nodded. Heart feels really sad.

Who knows. Ordinary people, brothers and sisters. It's just that Li Xinyu seldom gets this kind of feeling from the brothers and sisters in the family. Father was originally trained as an heir early on. previous situation. Li Xinyu is still young. Not much memory but seven years after grandfather died. She had already gone to school, and the strange atmosphere of that time in the family was etched in her memory. Now everyone is fighting for the seat of heir again.

What exactly is Li thinking? Why does he have to use the family as an excuse to force himself to participate in the work of the China Center of the Samsung Economic Research Institute? Can the responsibility for the failure of the Chinese market be shifted to others? Do allow yourself to participate in trade secrets. Are you expecting her to betray the family?

Jin Nanyong sees Li Xinyu frowning. Take the report in your hand. Randomly turned over. See the atmosphere is a little dignified. Open the topic. Think about it. Read the last part of the unfinished report. The Kumho Microsoft lion opened its mouth and asked for 900 million US dollars. There is a lot of discussion about this in the outside world. Providing strategic think tank support for Samsung Group, Samsung Economic Research Institute also quickly entered into in-depth research on this matter.

The Japanese company of Aida Group took advantage of the financial turmoil to hit Asia in seven years and next year. Acquisition of global music online site in Japan for less than US$1 million. Afterwards, ess and Aida Group North America Company successively invested 20 million US dollars for the exhibition.

Obtained online sales authorization from most traditional music dealers including the four major international music companies such as Universal Sony Warner

At the end of 1998. Toshiba and Scooper jointly invested US$60 million in Global Music Online. Get 3% equity. On the one hand, Global Le Online does not have to worry about the lack of capital at all. On the one hand, the three major hardware manufacturers of digital music players are completely tied up with Global Music Online.

Last year Toshiba and Scooper acquired a 1.30% stake in Global Music. A total of $60 million in cash was paid. When Toshiba Skober accepted the offer at the end of last year, the industry felt a little incredible. But consider it from the vantage point of ip1ayer hardware sales. Blackmail Jin Xiaoxiao. It's not unbearable either - not to blackmail Kumho will cost more in the future. This is not something unimaginable.

A year has not yet passed, and Kumho offered Microsoft a 15-fold increase in price for a 30% stake in Microsoft. Li Zai didn't know whether the top management of Toshiba and Skober were secretly rejoicing or secretly wiping the sweat off their noses...

Compared with the gold invested by Kumho. If Microsoft accepts this offer. It also means that Kumho's investment has achieved a return of nearly 150 times in more than two years.

Li Zai stared at the dimly lit river surface in the night. There was a long silence. Because of Xinyu's resistance. There were economic data in the newspaper that gave him a heavy feeling—the report seemed to tell him. Among the rising stars in the global financial and business circles. He was far from being one of the best little men.

Jin Nanyong also remained silent. When the outside world generally questioned that Kumho's big opening this time would definitely anger Microsoft. The final conclusion of the Samsung Economic Research Institute's report turned out to be the quotation of 900 million US dollars is not too outrageous!

The report pointed out: This year, the copyright storm and the ever-expanding dmp-ip1ayer hardware market in Europe, North America, Japan, and South Korea. Determines the growth space of global music online.

Although the copyright storm caused by traditional merchants in economically developed areas such as Europe, America, Japan, and South Korea has made decisive progress after the summer. The free Internet music resources in the district of Jida are rapidly decreasing. This area is the current market focus of ip1ayer. Therefore, the increase in ip1ayer hardware sales has been severely restricted. However, due to the increasingly mature flash memory commercial technology. Make ip1ayer have great room for price reduction. In fact, the impact of the copyright storm on ip1ayer's hardware sales is far less than imagined.

It's just that everyone enjoys the huge profits at this time. There is no rush to adjust the price.

pointed out in the report. As long as the price of mainstream ip1ayer products on the market is reduced by one-third. Increased hardware sales can return to pre-copyright storm levels.

What is the stage of nand-type flash memory commercial technology development? As the top three suppliers in this field. Samsung, of course, is well aware.

Samsung Electronics Korea headquarters has just released a prototype of a flash memory chip with a storage capacity of 1g. It is not expected to be ready for large-scale commercial production within a year.

Although it is impossible to accurately judge what step Kumho's technical level has reached at this time. However, it can be roughly judged that the technology gap between Kumho and Samsung on flash memory chips is between one and two generations. If necessary. Kumho should also be able to put a large number of flash memory particles with a storage capacity of 256m on the market-but Toshiba's technical investment in flash memory chips has declined. Toshiba and IBM set their sights on the micro-hard disk technology with a larger storage capacity. Compared to Microdrive

prospect. There are still too few flash memory chips with a storage capacity of 1g that can be mass-produced by the end of next year at the earliest. Toshiba and IBM have been working on micro-hard disk technology for more than a year and have not yet come up with a mature commercial technology. The flash memory chip is also the core factor that determines the price of ip1ayer.

Kumho is now launching four ip1ayer products in the North American market, with prices ranging from $199 to $699. Kim Nam-yong believes that Kumho will not lose money even if the price of the most high-end ip1ayer with four 512 capacity market price of 699 US dollars is lowered to less than 30 US dollars.

The report pointed out: Kumho holds considerable initiative. Kumho has significantly lowered the price of ip1ayer in North America. Stimulate the rapid growth of the hardware market. At the expense of hardware profits to promote the ball music online to obtain more room for growth. The equity value of Global Music Online will naturally rise.

including Samsung Electronics. Other digital music player hardware makers certainly don't want hardware prices to drop dramatically. The market growth brought about by the sharp drop in selling price. In a short period of time, it is impossible to offset the profit loss caused by the sharp drop in selling price. Besides, the deal between Kumho and Microsoft also includes ip1ayer product technology authorization, which means that once Kumho and Microsoft reach an agreement. In the ip1ayer hardware market, another giant crocodile was squeezed out.

Although Microsoft has not yet shown its skills in the consumer electronics hard market. But which consumer electronics manufacturer in the world dares to underestimate Microsoft's expansion?

All the initiative is in the hands of Kumho. Including Samsung Toshiba Scooper. He looked at Kumho eagerly. Look at the interests of Kumho.

Toshiba Scooper is okay. After all Toshiba owns a 1,0% stake in Ball Music and Skoop owns a 10% stake in Global Music Online. Their lost profits on hardware sales. At least it can make up some back from equity appreciation.

When I make up for it, I don't say that there are only some. If Soft accepts Kumho's offer, the equity acquired by Toshiba with an investment of 4,000 U.S. dollars will increase to 600 million U.S. dollars.

To know. dragged by the financial turmoil. In 1998, Toshiba's total net profit of all consumer electronic communication computer businesses was less than US$600 million.

Toshiba Goldberg has no profit loss on hardware sales. It is enough to make up for it by transferring part of the share price to venture funds.

Jin Nanyong stood a little closer to the window in his heart, deliberating about all kinds of connections here. Only Samsung is a motherless child. The profit from hardware sales may suffer a great loss, and it cannot be compensated by Toshiba Scooper from Ball Music Online.

Samsung has been working hard for a year. The global sales volume of ip1ayer pushed Vietsky into the top three, but what's the use? When Kumho closely integrated ip1ayer with the music online sales model of Global Music Online. Three grabbing hardware sales only. are doomed to be passive forever.

Li Zai turned around suddenly. Jin Nanyong was startled. See Li Zai's eyes wide open and shining. I forgot to ask him what idea came up.

Microsoft wants to step in. We can't stop it. Instead of letting Microsoft and Kumho. Why can't we take the initiative? Li Zaicui asked loudly. He hit his palm hard with his fist. Seeing that the market size of ip1ayer is getting bigger and bigger. The rope around Kumho's head is getting tighter and tighter

Copying Global Music Online outside of Global Music Online? Kim Nam-yong asked. He communicated with Li Zai in Korean. He didn't realize that this description was very laborious.

Although it is difficult, it is better than us strangling Kumho and Microsoft cheating Kumho of 900 million dollars! Li Zai said.

We want to cooperate with Microsoft. Why does Kumho take the initiative to lower its offer to Microsoft? Kim Nam-yong asked. He glanced at Li Xinyu.

Li Xinyu pursed her lips and did not speak. Pretending to think. Just don't make the atmosphere too rigid.

Kumho took the initiative to price Microsoft. It is beneficial to us and has no disadvantages. Li Zai said. The profit from the transfer of global music online rights has decreased. Jinhu will not give up too much profit from hardware sales. Slow down the pace of sharp price cuts; the amount of funds that Kumho can get at one time has decreased. How to say it can't be regarded as Bad thing!

Kim Nam Yong Kyu's Lee Jae had a point. It just felt too simple. Could it be that when Kumho offered Microsoft $900 million? There is consideration that it will anger Microsoft. Didn't you consider giving them an opportunity? Some things can't be figured out and there is no way to judge things based on the amount of information you already have. Besides. He can only make suggestions to the headquarters whether the headquarters will adopt it or say something else. Most of the adoption by the headquarters is also carried out by American companies.

Jin Nanyong thought again. What does Mitsui think about this? Think so. He glanced at Li Xinyu again.

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Chi Zuoxiu and others are also in Jianye. Huaxia's main project was completed. He is the general representative of Mitsui \u0026 Co. in China. I was invited to attend the completion ceremony of the main project.

The Asian wafer market is far from recovering. Except for a few fabs that can eat enough. For example, the electronics fabs in Japan have surplus capacity and naturally will not distribute the business here. Most people think that Huaxia should suspend production. Avoid the situation of huge losses as soon as it is put into production.

Chi Zuoxiu didn't want to attend the completion ceremony of the main project. realistic situation. If he doesn't show up to Huaxia, he doesn't know how much he will suppress Zhongjing Microchip.

He's on the news now. The US authorities also hope to push China to join the WTO. Reach a Sino-US bilateral agreement as soon as possible. The U.S. authorities hope that China will make greater concessions in opening up the domestic market, so it is very likely to relax the review standards for the Wafer Technology Transfer Association of China Microchip and Texas Instruments.

This is almost a situation that all electronics manufacturers in Japan, Taiwan and South Korea do not want to see.

Once Sinochip and TI's wafer technology allows the agreement to pass the review of the US authorities. Sinochip's wafer manufacturing level can be improved by two generations in a very short period of time, and Aida Group Kumho stands behind Sinochip. The amount of growth in recent years has been astounding. Almost certainly. Once the technology transfer agreement passes the review to the Asian electronics industry metropolis industry

influences.

Some basic electronics industries in Japan, South Korea, and Taiwan can only be forced to move to China with lower labor costs and rich human resources.

Regardless of standing in the perspective of reality to observe the changes in things. Whether it's the personal grievances with that guy, Chi Zuo Xiuzang wants to move Huaxia; Huaxia is not losing money. He doesn't care that Japan doesn't need to bear the loss anyway. If China suffers a huge loss. And Zhongjing Microchip is very profitable. Chi Zuoxiu based on his understanding of Chinese officials. There is no need to worry that Chinese officials will agree to Huaxia's strong support. Sometimes it takes too much effort. Naturally, it will be biased.

With this in mind. Chi Zuo Xiuzang came to participate in a high-profile way, and some important people from Huaxia Electronics were pulled over. Also quite enthusiastic. Let Ne Electronics promise to put into trial production and hand over a foundry order to Huaxia for completion-always give some sweetness first.

Didn't Chi Zuoxiu know about Kumho's big talk to Microsoft Lions before boarding the plane to Jianye. It was also a bit foggy. I don't know why Kumho dared to offer a price of 900 million US dollars. To Jianye for two days. There are a lot of news gathered from all sides. Only then did I understand some context.

Just because I have clarified some context. I just felt a headache. When attending the completion ceremony of Huaxia's main project. Ike Sasuke even wanted to laugh. He also subconsciously frowned.

For the past twenty years. The portable music player market has always been dominated by Japanese companies. Japanese electronics companies draw huge profits from it. So far, Suo has sold nearly 200 million tapes a1kman5 million net to the world.

The reason why Suo can ascend to the throne of the global consumer electronics industry today. Convenience, the audio player market is making a great contribution. Before Kumho launched dmp-ip1ayer. Sony and other Japanese companies never considered anyone else capable of competing with them in the portable music player market. When Kumho first launched dmp-ip1ayer in the Japanese market in early 1998. Except for Toshiba. Sony and other Japanese companies are dismissive

The alliance of Toshiba Lake did not change their posture. Until the end of 1998. The total sales volume in North America is second only to md. Sony and other Japanese companies are a little flustered.

The reason why dmp-ip1ayer was able to rise rapidly in 1998. There are a lot of free music resources on the Internet. Sony and other Japanese companies have seen this very clearly. It is true that starting from this aspect, I want to bring the situation back.

Sony is also one of the four major music companies in the world. Authorize Global Music Online to sell music copyrighted by Sony. For this reason. It is inconvenient for Sony to come forward directly to arrest Zuohu and fight against the infringing officials. The Recording Industry of America will be the best representative. It just never occurred to me. The infringement lawsuit that was supposed to deter Kumho from withdrawing from the North American region almost caused all emerging capital related to the Internet in the North American region to sympathize with Kumho. It also made the idea brand famous in North America. Product sales soared. As a result, the sales of Japanese brand cdmds in North America have declined slightly since then.

Sony, Japanese companies and the American Recording Industry Association adjusted their strategies after a flurry of hands. The spearhead of the infringement lawsuit is directly aimed at Internet companies that provide free music resources. Not just the RIAA. Sony is one of the four major music dealers in the world. You can also go into battle shirtless and aboveboard. Dozens of lawsuits have been filed in Japan.

This time, let them find a rhythm. After the Internet free music resources plummeted. In Daji and other regions, the sales growth in full swing has only come to an end temporarily. Although economically underdeveloped countries and regions, the issue of rights is still serious. However, the computer penetration rate in economically underdeveloped areas is low. The high price of dmp-ip1ayer has entered the sales volume in this area. Kumho began to sell the ordinary ip1ayer with a capacity of 64m at a price of 2,000 yuan in the domestic market after the summer, and the sales volume for the whole summer was less than 20,000 pieces.

Chi Zuo Hidezo was quite clear about the whole story. It also used Mitsui's influence to coordinate and promote it secretly; Sony's contact person, Hiroyuki Nakamura, came forward to coordinate the matter. It can also be regarded as an old acquaintance of Kumho. Seeing that the momentum of increasing sales of dmp-ip1ayer has been curbed. Both Ikesa Hidezou and Nakamura Hiroyuki believed that the first battle was barely won. Hiroyuki Nakamura looked at this matter more from Sony's standpoint. Chi Zuoxiu hid a lot of personal grievances. Who would have thought that this temporary pleasure of winning would be shattered if it didn't last for a month. Only to find that he shouldn't have any pleasure at all.

Curb the growth momentum of global dmp-ip1ayer sales. But Kumho borrowed an official match with the Recording Industry Association of America. Sales in the North American region nearly tripled. It has also slowed down a little in the past month-however, music dealers such as Sony have suppressed free music resources on the Internet. It directly led to a sharp increase in the market value of global music online. This is the fundamental reason why Kumho dared to offer 900 million US dollars for a 30% stake in Microsoft Lions.

from beginning to end. Kumho is picking up big bargains. Think through some things. Chi Zuoxiu felt bitterness in his mouth. There is a feeling of vomiting blood.

Chi Zuo Xiuzang first thought of destroying the deal between Kumho and Microsoft. Toshiba and Samsung joined the dmp-ip1ayer camp. It threatened the king position of Japanese companies in the portable music player market. Then let Microsoft add dmp-ip1ayer camp. Doesn't it mean that the achievements made by the previous efforts may all be in vain?

In Chi Zuoxiu's view. The reason why the lake can rise. It can miraculously rise in more than five years. It has a lot to do with the big tree of Deyi next to Kumho. Not to mention far. There is no Deyi. It will take at least ten years for Sinochip Microchip to improve the wafer process technology by two generations if it wants to improve the wafer process technology by its own ability-if Jinpong is allowed to go to Microsoft again. That's fine!