Chapter 431 Bolang Communication was officially established!
For things that all parties really want to vigorously promote, the efficiency is quite impressive.
All the details were discussed at around three o'clock in the afternoon, and the stage was immediately set up to prepare for the announcement.
Although Meizu’s attitude is not to join, it still maintains cooperation and friendliness.
Taking into account the excellent overall performance of the low-end chip Peerce S1, Meizu has tilted the supply chain balance from Samsung and other companies to the recently established Galaxy Chip.
However, unlike Juchang's direct rejection, Meizu Huang Xiuzhang basically participated in the first meeting.
Knowing a little more information will also help him judge the next cooperative relationship.
Nothing wrong.
However, Meizu Huang actively avoided the section involving profit distribution.
The negotiation process for this matter is actually very simple.
Li Ze has already stated that 45% of the shares will be divided this time, and then he will specify how to divide it among several companies. Li Ze said that Bolang will not participate.
And the method this time is not to increase capital and expand shares, but to transfer equity.
It can be understood as no financing.
Therefore, there is only one key that involves Bolang’s participation: the market valuation of Galaxy Chip.
"Taking into account the current status of early investment, licensing, market value and other aspects, and through reasonable and comprehensive asset assessment and value assessment, we have proposed that the current market valuation of Galaxy Chip is 38.6 billion."
Having said this, Li Ze looked at Lei Jun and the others and said with a smile.
"At this stage, the valuation is actually relatively low. We mainly consider the cooperation and friendliness. The future value will still be considerable."
Li Ze's meaning is obvious.
This is a friendly price.
It can't go any lower.
The main reason is that it is really not a random valuation.
The internal price of ThePaper S1 is 70 yuan per piece, which is quite cheap. The Shenlong M1 costs 190 yuan. Based on ThePaper S1’s estimated shipment volume of 40 million pieces this year, the revenue is already 2.8 billion.
This is just the revenue of ThePaper S1.
It’s not Galaxy Chip’s full-year revenue.
Taking into account the reputation formed by the excellent performance of ThePaper S1, it is no problem to calculate the annual revenue of tens of billions. Let's blow some bubbles based on the revenue and profit... The price-earnings ratio is seven or eight times. The basic operation is more than 300.
100 million, the real estate price has skyrocketed!
Mainly, Galaxy Chip not only has IC design business, but it is also not a simple IP business. It is similar to Qualcomm and MediaTek.
Therefore, valuation cannot be based solely on IC design capabilities.
It also depends on sales volume.
Besides, holding shares means holding value. Galaxy Chip’s model is destined to make its investment not too big and its output not too little, making it a profitable business.
"We have no objection to this valuation." Lei Jun thought for a moment and was the first to agree. After all, Xiaosorghum is the first case to cooperate with Galaxy Chip, and he knows the value.
ZTE also agreed with this valuation after brief discussion.
The other parties discussed the matter and found no objection.
Then when it comes to the shareholdings of each, Li Ze will not participate anymore. Anyway, 45% will be allocated for this direct transfer, and you four manufacturers will share it.
Of course Li Ze knew the final result.
Boss Lei is very optimistic about Galaxy Chip and claimed 15%.
ZTE is also very optimistic, or President Hou has begun to pay attention to the importance of underlying basic technology. After all, ZTE has repeatedly jumped over the edge of provoking America several times, and also claimed 15%.
Vivo claimed 10%.
OPPO claimed the remaining 5%.
Taken together, Bolang received a new fund of 700 million this time, and the time limit for the transfer of funds is until September 30.
So far, everyone is happy with the cooperation.
There is actually a very interesting thing inside.
The main body of Galaxy Chip, that is, the core team that holds 10% of the shares, did not get the opportunity to come to the table for negotiation.
Of course, they gained real benefits.
10% of the shares are worth 600 million. Even if the shares are not transferred, almost all of those young people will achieve initial financial freedom this year.
Without Bolang coming forward and without Bolang's authorized solution, how would they have any chance of losing the pie?
So everyone is also happy.
…………
Then, at 4:30 p.m., Bolang & Galaxy Chip joined hands with four mobile phone manufacturers, ZTE, MI, OPPO, and Vivo, to jointly announce the establishment of the Galaxy IC Design Community.
Official news said.
"...Galaxy IC Design Community will be committed to relying on solutions authorized by Bolang to solve domestic IC design shortcomings from multiple angles and provide better designs for highly integrated SoC design solutions for mobile smart devices..."
"...This cooperation to establish the Galaxy IC design community will help Galaxy chips directly connect with mobile phone manufacturers, better adjust design solutions, and provide a better experience..."
"...This cooperation is conducive to accelerating the development of the domestic IC design industry, conducive to the domestic IC design industry's integration with international standards, and conducive to..."
"..."
After all, it is content released to the outside world in the official capacity of Galaxy Chip, so it is inevitable that it has a somewhat official tone.
Thanks to the good reputation of Redmi mobile phones and the fastest sales of 5 million units in the world, the attention on the Internet is naturally not low.
However, the main comments this time came from enthusiasts in the gaming industry.
The leader of the machine industry: "This cooperation is possible. In the future, there will be more and more domestic chips that are easy to use. If we can really fully connect the link from the underlying hardware to the actual needs and experience needs of users, then domestic mobile phones like Xinghai 1 will be able to There will be more and more, and I will really have fun in the future.”
I got a fever again today: "Mobile phone SoC chips are no better than computer CPUs. They are more integrated and have higher adjustable coefficients. However, when promoting, everyone only pays attention to the CPU performance and GPU performance of the SoC, and will not pay attention to the more integrated chip components." But those are actually part of the experience.”
"I didn't expect that Galaxy Chip would develop so fast, and it would have to be Bolang! It was at its peak when it was born!"
"No, in the past, if manufacturers wanted to make low-end mobile phones, they could only choose MediaTek or the not-so-reliable Samsung. Now, with the Galaxy chip, it is still a domestic company, which is very good."
"Why is it that only ZTE is involved among the four companies of China Cool Alliance? Isn't it rumored that Juchang is also involved?"
"Juichang is definitely not willing to just give up that crappy K3V2!!! Damn, that processor is really cheating. I really regret buying the P6. For more than 2,600, I might as well buy a little more and buy the Xinghai 1."
"My colleagues also regretted buying the P6, but I am different. I am waiting for the party. I am waiting for Xinghai 2. If it doesn't work, MI2S will do."
"Now I know that Pengpai is the trademark of MI. The model of Galaxy Chip is probably a bit interesting."
The machine rim is still relatively ‘pure’.
There wasn't much obvious fandom behavior, so it was all covered.
The reputation of Juchang's mobile phones in the past two years has not been very good.
Because in the past, it was mainly a white-label machine, but now Yu Dadong is vigorously transforming into a brand, becoming independent of Honor, reorganizing the product line, etc. In addition, the polishing level of the K3V2 chip is really not ideal, so it is normal for users to be dissatisfied.
After all, everyone is limited to the times, and who knows what will happen in the future.
You are the one who pays the bill, and you are the one who suffers the loss.
In addition, it does not mean that there are no choices, it does not mean that there are no good cases, and it does not mean that there is no criticism.
There is a saying that at this stage of development, Bolang Terminal has actually taken away the ecological niche of Juchang, and it has not yet polarized public opinion like Juchang.
If there is nothing comparable on the market, then no matter what it is made, it doesn’t matter to anyone.
It's a pity... now there is.
We are also in the mobile phone business and design our own chips. Bolang Terminal has invested heavily from the beginning and focused on experience. By this year, we were even able to produce quite good products like Shenlong M1 using the 40nm process;
Juichang, on the other hand, came up with a disappointing K3V2 when various brands already had flagship smartphones that focused on experience, letting users pay for it and slowly optimizing it.
Make a decision.
The latter is understandable at the initial stage. After all, the optimization of many commercial products is achieved by using users as guinea pigs.
But this is not the early stage.
Even if we look at the development history of domestic mobile phones from 2010 to the present, MI's behavior is much better than that of Juchang. For example, users are also required to be guinea pigs, and MI chose to first provide a ROM flash package like MIUI to advance.
.
And it’s aimed at the gaming enthusiasts.
Groups just love to mess around.
Mainly...you don't have to pay for it.
Anyway, all I can say now is that time is destiny.
…………
The news of the establishment of the Galaxy IC Design Community not only aroused heated discussions among netizens, but also attracted the attention of peers.
Such as Qualcomm.
Qualcomm is no longer synonymous with high-end mobile phone chips. Its current reputation in the industry is "buy the baseband and get the chip free."
Qualcomm’s internal communication focuses on an interesting angle.
"Can we establish baseband cooperation with Galaxy Chip through MI?"
"Does this still allow us to bypass business restrictions?"
"Galaxy Chip is not considered a subsidiary of Bolang."
"I'm personally worried that if this restriction continues, Bolang may design the baseband completely independently. What is certain is that Bolang has purchased a permanent CDMA license. This seems to have happened at the beginning of last year, and it was purchased from LSI.
In addition, it is certain that Bolang already owns almost all the patents in TD-SCDMA, and sources indicate that Bolang seems to have made some small-scale acquisitions."
"Yes, judging from the patent information disclosed on Bolang's official website, they hold a large number of 4G
Derivative patents on LTE include necessary optimization patents, and it is said that Bolang and Huawei have in-depth cooperation in communication patents."
So, the person who could make the final decision said on the spot: "Contact Lei Jun and give it a try."
"..."
Qualcomm's mobile phone SoC is indeed not well-known to everyone now. In China, it is even known to ordinary users entirely because of the existence of MI. Its advantage really lies in the baseband.
Buying a baseband and getting a chip for free is no joke.
Therefore, the establishment of the Galaxy IC Design Community, the participation of ZTE, and the current restrictions Bolang is subject to include the communication level, giving Qualcomm a sense of crisis.
Because they are all witnesses to the terrifying development speed of Bolang.
He is also a victim of Bolang’s crazy batch investment and R&D.
How can such a company exist in Tama? When it is not sure about its development prospects, it invests 4 to 5 billion to optimize an SoC with an outdated process, and sells it in limited quantities, with a shipment volume of 10 million pieces. How can Tama? No loss to you!
They were worried that Bolang, who was under control, would criticize even more crazily.
And as far as they know, Bolang’s communications layout was as early as early 2012. At that time, Qualcomm didn’t even know what Bolang was.
It is known that so many communication IPs have been bought out by Bolang for permanent license or in-depth cooperation, not to mention those that have not yet been exposed.
If Bolang is really going crazy and burning money, it will be difficult to handle.
After all, the current situation of the mobile phone baseband industry is quite interesting. With the rise of smart phones, Apple, the leader, is very dissatisfied with the Qualcomm tax. Even the "tragedy" such as Antenna Gate did not make Apple choose Qualcomm. If there is another Bolang·Xinghai that takes the world by storm, then Horse riding...
Qualcomm's baseband is great, but it is by no means a monopoly now... because the CDMA IP was licensed to LSI by Qualcomm in response to antitrust laws.
…………
…………
Qualcomm's concerns were quickly realized.
On the evening of the 25th, Li Ze took an evening flight to Beijing. After landing, he briefly reported to Wen Liang on the situation of the Galaxy IC Design Community and mentioned tomorrow's affairs.
Wen Liang's attitude is very simple: "You have a way with public opinion, don't be stingy with your momentum, make it louder. We at Bolang are victims of hegemony, you know it."
"Anyway, starting from today, the popularity should not stop. I am talking about the popularity of discussions on overseas social platforms."
Li Ze responded repeatedly.
Later, Li Ze had a full exchange with Zhong Zhengye, who had already arrived at his hotel.
"Lao Zhong, congratulations on becoming CEO directly."
"Thank you, Mr. Ze, for taking care of me."
Li Ze laughed: "If you really want to thank me for my care, you should perform well and achieve results as soon as possible. Your foundation is very good now, which also means that there is not much room for your performance."
"I understand, I understand, don't worry, Mr. Ze." Zhong Zhengye said with a smile.
Then Li Zecai and Zhong Zhengye talked about tomorrow's business.
…………
Friday the 26th.
In the morning, Li Ze, Zhong Zhengye and others welcomed Mr. Li, the deputy mayor of Beijing, and others into an office building.
It was completed not long ago.
Not too high.
It was originally planned to be packaged and sold to a certain property. With the coordination of the capital, it became a fixed asset of Bolang.
It turned into an office building for Bolang's communications business.
After the inevitable greetings, Li Ze expressed his gratitude on behalf of Bolang: "Thank you for your strong support to our Bolang."
"Mr. Ze, you're welcome."
"..."
After a brief meeting, Li Ze said with a smile on his face: "Boss, it's getting late, let's cut the ribbon first."
"Okay." Mr. Li nodded happily.
Later, in front of the camera, a group of more than ten people stood in front of the new office building, pulling long red silk ribbons and cutting the ribbon.
Then the iron brand red silk hanging on several doorposts was unveiled.
"Now I announce that Bolang Communications Co., Ltd. is officially established!"
Loud applause soon broke out.
Mr. Li and others who attended the ribbon-cutting ceremony congratulated Li Ze and Zhong Zhengye: "Congratulations."
"Rejoice together and rejoice together."
…
Almost immediately after the ceremony was completed, the official website of Bolang Communications was launched at home and abroad at the same time, and official accounts on overseas social platforms were directly registered at the same time, etc.
The common name in overseas markets was also quickly defined as BoLang
Telecom
Equipment
Abbreviated as BLTE.
News from all aspects spread to every corner immediately...