Chapter 351 The setbacks of self-research on technology

Author: Shuidong Yeyu

Chapter 351 The setbacks of self-research on technology

There is no doubt about the future of Microsoft. Now it is better to get into the legs first. But even if it is not possible, it doesn’t really matter. When Paul Allen is diagnosed with cancer next year, he will need a lot of money for treatment.

, this is an opportunity to buy the wrong stock, and another one is to wait until Microsoft is on the market.

Microsoft began to dominate the world in the mid-1990s. When it first went public, its market capitalization was only a few hundred million US dollars. At most, it could spend tens of millions of US dollars on acquisitions in the stock market. Acquisitions in the stock market are always limited.

, it can be done in advance or not.

A few days after returning from the east, after Chen Zhiwen visited Washington State, news came from the top management of Microsoft. Bill Gates and others agreed to accept investment, and Chen Zhiwen accepted 7.5% of the quota.

Therefore, Chen Zhiwen also agreed. He would get the leg first and then ask for 10%. There is still room for a very good price. Now Microsoft's business has developed normally. Otherwise, a company that has just been established cannot start another business.

For a considerable portion of the stocks, if Midea itself had great value and provided a generous amount of low-interest loans, ordinary investors would not have a chance at all.

The contract between the two parties was drafted by a team of professional lawyers, and then the two parties signed a cooperation agreement. Midea's Hong Kong head office personally invested and obtained 5% of Microsoft's shares. It also provided an interest-free loan of US$10 million to help Microsoft conduct new research and development.

, and, to a certain extent, Microsoft and Midea will also license or exchange many patents in the future, similar to the previous cooperation between Midea and Pingcheng.

After reaching the cooperation, Chen Zhiwen hosted a banquet for all Microsoft executives at the local InterContinental Hotel to celebrate.

The next day, Chen Zhiwen stayed with a Midea team to discuss the feasibility of technical cooperation with Microsoft, and then went to Detroit, the city of automobiles.

Those who came to pick him up were naturally AMC's top executives, including CEO Jim Hughes and Vice President Gu Dehua. The group soon arrived at AMC's headquarters.

After arriving at Chen Zhiwen's office, the blond secretary made coffee for several people.

After Chen Zhiwen took a sip, he said: "On the road just now, I saw a lot of special trucks transporting cars. Recently, the automobile industry in Detroit has begun to recover?"

"No, the oil crisis is finally over and oil prices have begun to fall. Although it has just begun, the confidence of the automobile industry has returned." Gu Dehua nodded.

"Well, oil prices have dropped, and they have also obtained some of Chrysler's technology and 330 car terminal retail stores. Their cars can finally be sold normally." Chen Zhiwen said with a smile.

Everything was unplanned. After AMC and Chrysler discussed purchasing technology patents, Chen Zhiwen entrusted Morgan Stanley to quickly acquire Chrysler's 330 sales outlets. Because oil prices were at their peak at the time, Chrysler

The pressure was very great. The stores originally valued at US$300 million were previously sold for US$278 million. At the same time, at the request of Chrysler CEO Lee Iacocca, Chen Zhiwen invested US$300 million in Chrysler Corporation and obtained 11% of the shares.

Well, it's not a purely economic investment. It's not like the kind of automobile giant that involves millions of dollars in American business. He doesn't have to really get involved. In two years, the price of oil has plummeted, and American consumers have become confused.

It's a big car, and Iacocca itself is very capable, and Chrysler will come back to life. By then, it will be enough to earn several times the profit from the stock.

"No, judging from terminal data, Jeep sales have begun to recover recently, and AMC's normal sedans are slightly better than before," Gu Dehua said.

"Normally, what's the price of gas in Buenos Aires? Are AMC cars going the fuel-saving route, but they are not the same as the monthly series cars? It's very difficult now. In two years, Toyota will invest in and build a factory in the United States. Then will it be possible?"

Real trouble." Chen Zhiwen nodded and said.

Before there were monthly series cars, AMC relied on the fuel-saving route to stave off competition from the three giants. But when monthly series cars began to enter the U.S. market, no matter whether the gas price was high or low, it would take the same route as monthly cars, but it would not be the same.

AMC, which competes in local markets, is destined to face huge pressure. In its original history, the French Renault Automobile Company acquired AMC, but after a few years of support, it had no choice but to sell it to Chrysler.

"That's indeed a big trouble, but they don't seem to have anything they can do for the time being." Gu Dehua also said with some worry.

"The only way is to use turbocharging technology. Once that technology can be used in cars, it will be possible to use a smaller engine while ensuring the same power, and at the same time, it can also reduce fuel consumption." Chen Zhiwen said: "

The turbocharger R&D team has been established, right? How is the recent progress?"

"It has been established for three months, and they have recently produced a finished product in the laboratory. The materials are not good enough, the lifespan is too short, and it cannot withstand various extreme tests." Gu Dehua said.

"In terms of materials, can't we purchase them directly from other companies?" Chen Zhiwen asked.

"Their team has investigated companies around the world that hold patents for that material. They found General Electric before, but they seemed to ignore them and were unwilling to cooperate with them. They didn't even get a sample of that material."

Gu Dehua said.

"What materials? Isn't it okay to buy the finished product directly from the market?" Chen Zhiwen asked.

"No, because that material is not used in aircraft engines. It is specifically heat-resistant and wear-resistant. It is basically not used in other places. They contacted General Electric's aviation department, but they were unwilling to give them samples. At present, they are very

Let’s see if we can get some samples to test first, and if possible, we can then find ways to cooperate,” Gu Dehua said.

"Turbochargers do work in high-temperature environments. The general industry may not necessarily have that kind of material. General Electric is the only company in the world that can make aero engines, right? Can we look for other companies?" Chen Zhiwen

asked.

"After asking, there are actually only a few companies in the world that can build high-end aero engines. In Europe, they are Rolls-Royce of the United Kingdom and Dassault of France. Those two companies are even less willing to give them that kind of materials." Gu Dehua said.

.

"No, their relationship in Europe is even worse." Chen Zhiwen nodded and said, "Well, spend more money and find a way to get a sample to test something first. If it can really meet their requirements,

Then they contacted General Electric.

GE’s aerospace division also develops, designs and assembles high-performance materials. Even if they develop high-performance materials, they certainly don’t produce them themselves. They follow the clues, contact suppliers, and then find ways to get samples.”

"Okay," Gu Dehua nodded and said, "Actually, they are almost taking that route. They have consulted many large steel mills in the United States. They don't have that kind of material. I guess he is asking whether they can produce it overseas.

Yes, please ask a small professional steel factory to produce it."

"Okay, if I have the exact information, tell him that a company like General Electric has a strong technical background. It would be good for them to cooperate with them. He also has plans in that regard, so it can be solved in one go." Chen Zhiwen nodded and said.
Chapter completed!