Mi GA Fund began to prepare funds for the upcoming crisis as planned, and various financial products will be delivered in an orderly manner within a few months.
Fang Zhuo's high-level move towards Yike shares was firstly to buy the shares of Android Company from Sony, and secondly, he took into account the C-touch S production line that Sony cooperated with Bingxin.
Because it is a joint venture, this production line will not be introduced into Luzhou No. 1 Factory and Lin'an No. 2 Factory. It is initially preferred to build a new factory in Shencheng or Luzhou.
Due to the budget arrangement of Bingxin's own revenue, half of the investment in this production line attributed to Bingxin will obtain loans from the local government, ICBC, and Bank of China, and will also use Fang Zhuo's personal funds.
If all goes well, construction will begin within the year and production may begin in the second half of next year.
However, there was one thing that Fang Zhuo made a special phone call to communicate with Stringer.
"Sir, regarding the process requirements of the sensor production line, I noticed that Sony proposed a 130nm process. Is it a bit behind?"
Stringer asked, "What if?"
"We have completed the 90nm risk trial production here. If it goes online next year, this process will be feasible." Fang Zhuo is quite proud.
"That's okay." Stringer was a little happy, but only a little bit, "90nm is enough for ten years."
Fang Zhuo was stunned when he heard this time unit, and asked tentatively: "Ten years? What if 65nm is used?"
Stringer said unexpectedly: "65nm, do your ice cores even have 65nm?"
"I don't understand technology, but the company's technical team said that the current development is very fast." Fang Zhuo said vaguely.
Stringer smiled and said: "That's such a coincidence. I don't understand technology either. A president who doesn't understand technology and another president who doesn't understand technology are having a heated discussion... This kind of thing should be left to people who understand it."
Bar."
But he still relied on his impression and said: "I seemed to have mentioned this when I was listening to the report last week. If we really have 65nm, it might be able to be used for 20 years. We also have to consider the cost of advanced processes. It may not be the best choice for sensors.
"
This is one of the reasons why Sony's sensors can cooperate with Ice Core. Image sensors do not have high requirements for the manufacturing process. Ice Core's 130nm is already a mature process.
Fang Zhuo ended the call with Old Jazz with both joy and resentment. The process technology used in the production line was of course decided by the technical teams of both parties, but this fact really made him feel as if he had been punched in the cotton.
However, after Ice Core adjusts its technology development route, the most valuable thing in the next stage is to allow Qualcomm to place orders for the use of advanced processes. This may also require testing the power of Liang Mengsong.
The sensor production line of Sony's joint venture will not be fully finalized until it returns to China, but regardless of whether it can surpass rival Canon in the field of mobile devices, Fang Zhuo feels that this is a good opportunity to acquire technology.
After all, although I always emphasize to Stringer that the technology of Sony sensors is lagging behind, it is lagging behind in the first echelon, not really at the bottom.
On June 25, just the day before Fang Zhuo and Sina executives agreed to visit Fae Book, the acquisition process for the Android company with Sony was also completed.
In other words, Sir Stringer used Sony's mobile phone patent package to get a sum of 65 million in cash for the company.
What a dazzling operation!
Fang Zhuo originally planned to keep a low profile, but he didn't expect to see Stringer's own answer on Quora that night.
Jazz is jazz.
He expressed his feelings about managing Sony by handwriting first, and then took pictures to answer the questions in the form of pictures, which is truly his own handwriting.
This was not over yet. On the way to Facebook the next day, Fang Zhuo, a distinguished member of Bloomberg, also saw Stringer’s somewhat similar interview content on the financial channel of the Bloomberg terminal.
To be honest, Sony's current situation is that the PS3 is frequently delayed, electronic products are facing severe challenges, and the Blu-ray standard dispute is in a whirlpool. These are all important reasons for the lack of improvement in the stock price.
But with the relatively good financial results brought about by additional revenue and reduced expenses, Stringer's results in the first half of 2006 may be able to boost the company's market value.
However, the most basic problems are difficult to solve. Once the external economic situation changes, all Sony's problems may come together and explode.
"Mr. Fang, that Twitter is also very interesting. It actually uses text messages to socialize. Compared with Facebook, which insists on real names, this model is quite viable."
Wang Yan was sitting in the car and didn't notice that Mr. Fang was distracted, talking about another new company in Silicon Valley.
"Socializing with acquaintances and socializing with strangers, I think Sina is more suitable for the latter." Fang Zhuo came to his senses and said directly, "Sina is already very experienced in blogging. If there is a suitable time in China, I believe that a product similar to Twitter can be launched
It will be more marketable.”
Wang Yan's thoughts were spinning and he asked with a smile: "What is the right time?"
He believes that a suitable time is when the competition between Xiaonei.com and Penguin has a quite clear trend.
Fang Zhuo said without hesitation: "In the 2008 Olympics, if we use such a short product to express emotions to watch the events at home, it will definitely have a very good effect."
Wang Yan was a little surprised. The boss here turned out to be a serious boss, not a boss who took risks.
He nodded cautiously: "Mr. Fang is right, I think so too."
Fang Zhuo was about to compare the two modes of Facebook and Twitter when his cell phone received a call announcing unexpected news.
The call was not long, and Fang Zhuo thought about the content for a long time.
Wang Yan looked at his boss's obviously thoughtful expression, and waited until he was almost there before asking, "Mr. Fang, what's the matter? There won't be any adjustments, right?"
The operation of selling shares of GA Fund is still stuck in my throat.
Fang Zhuo shook his head and said, "It's nothing. I have to go back to Houston in two days. You don't have to follow me. Just have a good look around Silicon Valley. I'll be back soon."
"Going back to Houston?" Wang Yan was surprised, "Is it the team's business?"
Fang Zhuo said lightly: "Well, there is a senator from Illinois who was invited to Houston. He seems to like basketball. I plan to go back and give him a championship ring from last season as a souvenir."
Wang Yan was even more surprised.
Because of Sina Sports' report, he also knew something about Fang's team. The Rockets won the championship last season, and President Fang announced that he would make the most expensive championship ring in the league's history, and he eventually fulfilled this promise.
Many team members who received the rings showed the gold and diamond materials and the engraved image of an oriental dragon to the media.
Boss Fang is so wealthy that the Rockets’ ring, with an average cost of over $100,000, was nicknamed the “Dragon Ring.”
Now give such a ring of high financial value to a congressman?
Wang Yan didn't think Mr. Fang was reluctant to part with it, but was surprised that such a gift would be a bit eye-catching.
Fang Zhuo seemed to see Mr. Wang's confusion and said with a smile: "It's just a souvenir. This black congressman likes basketball. As the defending champion this season, the Rockets have the obligation to promote a harmonious and friendly basketball culture. A ring is not
It was given to him personally, but as a token of appreciation for his basketball activities at Illinois."
"The Rockets will also gather a few championship players to do activities in Illinois. Well, the team will also donate some basketball-related public welfare supplies to the community there, and may also help renovate the stadium."
What Fang Zhuo is interested in is a set of event gift packages from the defending champion.
It is precisely because of the deep affection for this season's champion that Comrade O Guanhai, the black congressman from Illinois, came to Houston in person.
At the beginning, Bingxin went to five major departments in order to obtain permission for equipment procurement and technology introduction, and also witnessed the effectiveness of off-site factors.
At that time, Fang Zhuo tried to set up a small department with the intention of strengthening some influence.
Now, the famous basketball fan Guanhai can be considered a small achievement.
In addition to the above-board contacts in basketball, this guy also has a pretty good reputation for getting paid to do things in Illinois. However, Yike did not take advantage of this and instead promised some local jobs.
Fang Zhuo feels that when this candidate runs for election next year, there will probably be no problems with the ice core's 2008 purchase license, and the 13-year license may also be able to be obtained. In that case, it will be worth the price of admission.
The small ball drives the big ball, and the basketball drives permission.
That is to say, with first-level contacts, Fang Zhuo can see that Guanhai's influence in Illinois is quite Jewish.
"Don't tell me, Mr. Fang, our sports department didn't do any behind-the-scenes news reporting on these teams before. Since you bought this team, the information in the basketball section is both first-hand and in-depth." Wang Yan praised.
"Don't let the rich flow to outsiders." Fang Zhuo smiled slightly and did not continue on this topic.
Soon, the group arrived at Fae Book Company slightly earlier than the agreed time.
Because it was Fang Zhuo who came forward, Facebook received Mark Zuckerberg.
Fang Zhuo shook hands with this man seriously and observed him for a while. He felt that he was not very lizard-like and his smile was quite natural.
It was the weekend and there were only a few people working in the company.
The inspection team, led by Zuckerberg, visited the company's interior and listened to the founder's thoughts on social networks.
The previous Mi GA Fund had had investment contact with Facebook, and Zuckerberg now treated it as introducing the company to investors.
From its inception to the present, the number of Facebook users has exceeded 7 million, and the vast majority of them are college students.
Zuckerberg talked eloquently and mentioned the nationwide social transformation the company is currently undergoing.
"Zuckerberg, why did you carry out the transformation so decisively instead of focusing on the group of college students? After all, 7 million users is quite impressive." Wang Yan asked a question.
He felt that it was not impossible to transform, but that Facebook’s transformation was too decisive, and he was very curious about the logic behind it.
"Putting the total number of user groups here, the ceiling of the student group is relatively low, but we are far from reaching the ceiling of this group." Zuckerberg said frankly, "The first factor that really prompted us to make up our mind was
We developed an analysis model based on user growth."
These words made Fang Zhuo also curious: "Analytical model?"
Zuckerberg nodded slightly: "Yes, we have integrated various factors of user growth and made a data analysis model. The final result is that the inflection point of growth will be reached as soon as the end of this year."
He shrugged: "This is not good news. Facebook needs to transform and move into a larger space. We have also measured the growth trend after the new decision, and the turning point is much further away."
A group of people from Sina looked at each other, not expecting to hear such an answer.
Zuckerberg also asked a question at this time. He asked the boss of GA Fund: "Mr. Fang, we recently rejected the acquisition from Yahoo, and they invested US$1 billion in cash. What do you think of this decision?"
"A very bold decision." Fang Zhuo said with a smile, "But I like it very much. I saw this report and I think you managements are very courageous."
Zuckerberg also smiled and replied: "Originally I was not so bold, so I agreed to the acquisition."
Fang Zhuo raised his eyebrows, have you agreed?
Zuckerberg sighed: "But Yahoo felt that Facebook was facing a lot of problems and cut the acquisition price to US$850 million. I had no choice but to tear up the agreement and make a decision that President Fang liked."
"So there is such a thing." Fang Zhuo pondered for a moment, "If Facebook is short of money, I would be happy to invest."
Zuckerberg shook his head and said: "It seems that there is no shortage at the moment. We plan to go public next year, and subsequent funds should be no problem."
Obviously, plans cannot keep up with changes.
As soon as Fang Zhuo heard about this, he knew that Facebook's listing plan would definitely come to nothing, but its high quality would not make funding a problem that was too difficult to solve.
"Of course it's good to have a smooth launch. If something unexpected happens, my phone will be online at any time." Fang Zhuo said with a smile, "Our country also has similar social products. If Facebook can be launched, it will undoubtedly greatly encourage their development."
Zuckerberg smiled slightly: "Then I don't know if going public is the right decision. Encouraging competitors is not a good thing."
He wants to build Facebook into a product with global users, and the Eastern market is naturally within his sights, but he is still unable to do so now.
Fang Zhuo did not discuss this issue. He made a phone gesture with his right hand, and then motioned to Zuckerberg to continue talking about Facebook.
Zuckerberg extended his hand to invite the guests from the East to the coffee shop, intending to chat over a drink.
…
While Fang Zhuo and Sina were inspecting Facebook, Yike Company’s major shareholder reduction plan, Sina Company’s major shareholder reduction plan and the recent actions of the famous MiGA Fund attracted the attention of some financial institutions in New York.
of attention.
The majority shareholder of the two listed companies and the well-known private equity fund are all backed by one person. He is also the wealthy owner of the famous American championship basketball team.
Suddenly, what is the purpose of this oriental rich man's successive actions?
Is this a sign that something is wrong with him?
Or maybe it's Yike, what's wrong with Sina?
As a typical representative of Chinese concept stocks, financial institutions have marked their actions in a short period of time and plan to conduct some in-depth research to see if there are any benefits that can be captured.
This chapter has been completed!