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Armonk, New York.
a1 factory
Accompanied by senior executives of Atlantic Business Machines Company, Wang Yaocheng inspected the brand-new computer motherboard factory of A1 Factory.
In addition to the A3 factory production line here, all the latest equipment is used, with a value of up to 4.2 billion US dollars.
After the IBM computer motherboard factory was destroyed by fire, it did not invest in building a new factory. According to the long-term contract signed with Atlantic Business Machines, IBM will purchase computer motherboards produced in the A1 and A3 factories and assemble them into its own brand of personal desktop computers.
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IBM's computer motherboards use Intel's x86 architecture 586 microprocessor and will be produced separately in the A3 factory production line. Computer motherboard orders including Compaq Computer, Fujitsu Computer, Samsung Computer, etc. are all produced in the A3 Factory.
The personal desktop computer products of Atlantic Business Machines Company and Gree Company use Athlon 1 microprocessors and are arranged to be produced in the A1 factory. The two are interconnected in an orderly and complementary manner, and both have reached 80% of the production line design capacity, and are still gradually increasing.
Together with the Boston motherboard factory, Atlantic Business Machines leads the world in computer motherboard production, accounting for 67.4% of the total, making it the world's largest manufacturer.
This precious opportunity came from something other than a strike, which no one could have imagined.
In the workshop
Everyone is wearing high-clean clothes and walking in the ultra-clean and sterile workshop. Most of the workers at the production site are skilled workers from IBM's original motherboard factory, and they entered full production immediately.
"Boss, after a month of running-in, the A1 factory has begun to release production capacity. It has now reached 80% of the designed production capacity. The product quality is stable and can fully meet the needs of the world market, and it has the ability to receive external orders." CEO Mr. Chambers accompanied the introduction.
"Very good. I saw that the workers operate calmly and skillfully with these advanced equipment, and the production level is very high."
"Yes, boss, we got a big bargain. The board of directors of IBM Corporation has differences on the personal desktop computer market, which gave us the opportunity to develop and grow. Thanks to the full support of boss, we have achieved everything we dreamed of."
"Tell me, what other trump cards do you have."
"Haha! Nothing can be hidden from the boss. The slim notebook computer developed by the Boston Product Research Center is expected to be put into production in early August. After accumulating a certain amount of inventory, it will be put on sale in early September. We also hope to continue to receive full support from Yahoo Search.
"
"This is a good project. I will inform President Qi Yafei about Yahoo search. You can contact me yourself."
"Thank you! Boss."
"Are there any others?" Wang Yaocheng asked with some confusion.
What is the best manager in the world?
Just take one step at a time and see three steps at a time, always staying ahead of others. Wang Yaocheng doesn’t believe that Chambers is capable of just this, and he can’t fulfill his promise of doubling the market value in two years.
The current market value of Atlantic Business Machines hovers around US$60 billion, which is almost the same level as the blue giant IBM.
Three years ago, this level of market capitalization would have ranked it among the top six companies in North America. But now, it ranks at the bottom of the top 20 large companies in North America, basically ranking at the bottom.
At the same time, with the global sales of the Windows 95 operating system, Microsoft has been making rapid progress, with a total market value of more than 140 billion U.S. dollars, ranking among the top three major companies in the United States, driving the wave of high-tech Internet stocks to become more and more intense.
In the North American stock market in 1996, the price-to-earnings ratio of high-tech industrial companies was generally between six and eight. The highest price-to-earnings ratio was as high as thirteen, and the market value would not be too high.
Internet high-tech stocks do not value price-to-earnings ratios, but value the future, potential, traffic, and market share. Even if the price-to-earnings ratio is as high as thousands of times, there are still investors who are crazy about investing.
This is determined by the characteristics of the North American stock market.
Generally speaking, in North America, companies paid dividends once every quarter and four times a year, and 50% to 80% of the total profits would be distributed as dividends, leaving only necessary corporate development funds.
Under such circumstances, it is difficult for listed companies to accumulate huge amounts of cash and achieve qualitative changes.
A piece of good news can send stock prices skyrocketing.
Only Internet high-tech stocks can enjoy this kind of good thing, while other companies can only watch with envy.
Chambers; "Boss, I want to talk to you privately."
"ok, no problem."
VIP room in a1 factory office building
Wang Yaocheng: "Okay, there are only two of us left here. Tell me what you think, but don't make a surprise attack."
"No, boss."
After a slight pause, Chambers organized the words in his mind: "For future development, the company has prepared two flagship products with broad market prospects after detailed demonstration and careful research.
One, mobile phones.
Second, network solution providers.”
Wang Yaocheng sat on the sofa and listened quietly without interrupting. Chambers continued to introduce;
"One, mobile phones.
We have mobile phone baseband chip products, first- and second-generation LCD display production lines sufficient to produce mobile phone displays, and the Silicon Valley Communications Laboratory has sufficient wireless communication intellectual property.
All conditions have been met. We already have 75% of the mobile phone production capacity. It is time to launch Oppo brand mobile phones and participate in market competition.
Now, what the Boston Product R&D Center needs to create is a mobile phone product that will impress people.
I position it as a candy bar phone that is easy to use, can send text messages, play music ringtones, and play simple games. It is comfortable to hold in the hand, has reliable quality, has a clear signal, has a talk time 1.5 times that of its competitors, and has an aesthetic industrial design.
At present, more than a dozen mobile phones with different shapes have been developed and have met our requirements in experiments, but the final model has not been finalized.
In product design, we focused on benchmarking Nokia's two best-selling products and made substantial improvements to this end. We believe it can become a hit product."
"Well, I will fully support you."
After Wang Yaocheng said this, he kept silent. He would not comment on any subsequent product innovations, but would only give Chambers strong support.
The heaven-defying memory will eventually run out. Wang Yaocheng cannot conquer the world and let his products be tempered in actual market competition.
Today's Atlantic Business Machines can withstand failure and has enough foundation to make a comeback.
“Second, network solution providers.
In 1996, the entire world market reached 60 billion US dollars. With the popularization and promotion of the Internet, the future market has unlimited imagination.
The main products are network routers and network switches, which are almost the main equipment for interconnection in the ever-expanding network market.
Currently, the key intellectual property patents are in the hands of Cisco Systems. My idea is to merge and acquire them. To this end, I have had contact with senior executives of Cisco Systems where I used to work.
They don't resist mergers and acquisitions in their hearts, but they need a reasonable price. The current asking price is US$4.2 billion. I think there is too much water in it, so I didn't discuss it in detail."
Wang Yaocheng nodded, frowning and thinking.
He knew that Cisco Systems was worth the money, but he would not pay the other party just how much it offered. This required a professional M&A team to negotiate the terms carefully.
Cisco Systems is now just a small company with less than 1,000 employees, with a market capitalization of about 1.7 billion US dollars. The top three shareholders hold 47.3% of the controlling stake. They are asking for 4.2 billion US dollars. Isn’t the US dollar a piece of paper?
?
As a supplier of network system equipment, Cisco knows the value of the key patents it holds, but this cannot be the reason for exorbitant prices.
Because there is also infringement in the United States, that is, big companies bully small companies.
Infringement lawsuits continue to be filed for three, five, or eight years, with high legal fees dragging down small companies to death. A certain desktop system dominant company often does this kind of thing, and finally acquires the other party cheaply.
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Of course, this is not a high-risk technical job that everyone can do, and the water inside is deep.
Mergers and acquisitions are not just about money, but also about threats and inducements, showing fangs and strength, supporting the other party's direct competitors, infringement in various ways, and creating conflicts in the board of directors in various ways.
Winning allies to eliminate dissidents, stirring up trouble in the stock market, and using any means to achieve the goal.
This matter has to be handed over to President Huo Jiaguang, an expert in mergers and acquisitions, who is currently also in New York.
Contacted Corning in Corning, Steuben County, New York, not far away, to test the intentions of the other party's top executives.
If someone doesn’t know Corning, they should know something about Gorilla Glass for later iPhones. This is Corning’s world-leading product.
This is a global leader in special glass and ceramic materials with a history of 140 years, and is world-famous for the production of high-end special materials.
Products are mostly used in high-end consumer fields. Key components of products in the field of mobile emissions, telecommunications and life sciences.
Such as advanced ceramic teeth, key ceramic components for mobile phones, TVs, desktop computers, laptops and mobile devices, key ceramic components in catalytic converters of automobile emission control systems, LCD display glass surfaces, high-speed optical fiber cable suppliers
.
Such a company that has specialized in glass and ceramic products for 140 years and has achieved the ultimate in this field has a real value no less than Texas Instruments.
Is such a large company with a market value of more than 10 billion US dollars a target that the Royal Family Fund can covet?
Let’s talk about the old clichés again;
If you don't plan for the overall situation, you can't plan for a region; if you don't plan for the eternity, you can't plan for a moment.
Anyway, we won't lose any points by talking about it, and we won't lose anything. It's always good to have some contact in advance.
It would be best if Samsung Road's entire industry chain layout could be improved as much as possible.
If it really doesn't work, you can also express your goodwill, saying that I just think you are beautiful, so come over and take a look and see what else is missing in your home.
If you really don't want to marry, that's okay, you can't help but be admired in your heart.