Rebirth of the Official Business Route

Chi Zuo Xiuzang later learned about the gathering of senior executives from Kumho, Yunyuan, Texas Instruments, and China Crystal Microchip in Singapore.

Lee Hsien Seng is a dignitary of the Lee family in Singapore, and it was difficult for him to stay hidden during the whole reception. The media may selectively forget when they report publicly, but it is very difficult to hide some news from insiders.

Chi Zuoxiu can guess that Kumho, Texas Instruments, Yunyuan and Singapore have been conducting close consultations on the investment in the new plant of Sinochip. The investment of three to four billion US dollars is considered a rare large-scale project in Japan. It is not so easy for the major shareholders of Sinochip to reach an agreement on funding and engineering construction. Each shareholder has its own different interests. Even if Kumho still holds the dominant power in Sinochip, the two shareholders, Texas Instruments and the Singapore authorities, are extremely important, and their opinions cannot be ignored. Novel chapters are updated the fastest

According to the usual practice, such matters will be hidden under the surface of the water, and once the dignitaries of all parties are caught up in the news, it almost means that the negotiations have entered the final stage, and it may not be surprising that an agreement will be signed before.

What puzzled Chi Zuoxiu was why Singapore was chosen as the final negotiation venue? What kind of agreement did they reach? Fiction novel chapters are updated the fastest

At this time, among the major shareholders of Sinochip Microchip, they hold a controlling stake. Even if Texas Instruments exercises its 5% equity subscription right in the future, Kumho will lose its absolute controlling stake after its shareholding ratio drops to 47%, but its status still needs to be maintained. much higher than other shareholders.

At this time, Texas Instruments holds 15% of the shares of Sinochip, and also has a 5% subscription right. At the same time, it is the main technology supplier of Sinochip, and its status should be said to be second only to Kumho.

The shareholder status of the Singapore authorities is a bit worse than Texas Instruments, and the importance is not even comparable to that of management shareholders.

It is somewhat puzzling that the most critical negotiation is to be held in Singapore.

In his residence in Beijing, Chi Zuo Xiuzang stepped barefoot on the cold floor, stood in front of the floor-to-ceiling windows, looked at the golden-red sunset in the west, and frowned slightly. Although he knew that it would be revealed soon, he was more worried about this mystery. The bottom line is too different from what he had imagined before.

Ozawa was sitting in front of the short table, squinting at the bushes under the sunset light outside the window.

Huaxia wants to launch a 0.258-micron fab project after Sinochip. In addition to importing technology from Panasonic or Panasonic, it even requires Japan to provide a large amount of yen to ease construction—China’s central finance is not Very generous, three to four billion US dollars, enough to build a large nuclear-powered aircraft carrier.

As the plenipotentiary person in charge of the Japanese side, Mr. Ozawa bears a lot of pressure on his shoulders; in comparison,

Chi Zuoxiu hid behind the scenes and directed, so he didn't have to bear any responsibility. The current situation is quite clear. Although the previous plan was perfect, the efforts to block Kumho in terms of funds can be said to have completely failed.

Who would have thought that Microsoft would eventually accept Kumho's $900 million offer for a 30% stake in Global Music Online?

This news will also stimulate the confidence of Dongkai South Asia Chinese businessmen in Kumho Corporation, which has greatly enhanced its financing capabilities in Hong Kong and Southeast Asia. Even if Kumho Corporation's stock does not decrease, it will not be a particularly big problem to raise funds for the construction of the two new fabs.

Wouldn't it be wiser to terminate Huaxia's new construction plan? Xiao Xiongze thought so in his heart.

Chi Zuoxiu was not thinking about this at all. He turned around and asked, Why did they choose to conduct the final negotiations in Singapore... There is no clear news that Chartered Semiconductor's continuous huge losses in recent years have made Singapore's Temasek And the government 丨 investment group is afraid of fab investment?

Perhaps Singapore sees Kumho's high growth, even if it faces great risks in fab investment, it may look forward to reducing the risk of fab investment in other fields, Ozawa said. If Kumho is willing to transfer the equity of some core companies, I think Singapore will not be too stingy...

Chi Zuoxiu can clearly understand what Ozawaxiong is saying. If Kumho is willing to accept the Singapore authorities, Kumho will become more difficult to deal with. Not to mention the more mysterious Singapore government丨Investment Group, Temasek Investment Group will be able to It is very easy to mobilize tens of billions of dollars of capital. Kumho's high growth rate combined with strong capital will become a daunting monster.

Li Xiancheng, a senior director of Temasek Investment Group and a core member of the Lee family in Singapore, attended today's reception all the way, perhaps with deeper intentions.

Although there is such a possibility, Chi Zuo Xiuzang still shook his head and denied this possibility, saying: Kumho's foundation is not deep enough at this time, if it accepts Temasek's infiltration, it will be easy for Temasek to turn against customers... Zhang Ke will not So stupid. Of course, it’s normal for Temasek to have such an intention. If it’s possible, buy the entire Aida Group for US$10 billion, would you do it?”

It seems that there is no need to discuss it. Ozawao said, although Kumho puts all overseas businesses under the banner of Kumho Corporation, making Aida Group's direct share of overseas profits lower, but Kumho really wants to make love It is unimaginable that Da Group is listed overseas. Under the current capital market retreat, the market value is only 20 billion US dollars.

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Jin Nanyong knew the news that important figures from Sinochip's major shareholders had gathered in Singapore, so he rushed over to meet Li Zaizhu.

This is the chairman's handwritten letter from the headquarters... Li Zaizhu sat calmly behind his desk, and pushed a fax to the desk for Jin Nanyong to pick up and read.

The turmoil in the Asian wafer market has intensified, and Singapore's fabs are struggling to survive. Only by focusing on the development of advanced manufacturing processes in areas with low cost of competitive product lines can the Singapore fabs survive. The Singaporean authorities seem to understand this. ...

Jin Nanyong looked at the faxed copy of Li Jianxi's handwritten letter, and was stunned for a long time before he said, Chi Zuo Xiuzang has worked so hard to do so many things, but at the end of the day, he was just shooting around an empty target?

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