bullyxtreme Chapter 456: Encouraging people to be virtuous
Chapter 456: Encouraging people to be virtuous
Yang Mo said thoughtfully: "The brutal price war is secondary. Everyone survives based on their own abilities. If the most advanced photolithography machine technology is monopolized in the hands of a certain manufacturer, he can use this to control the entire industry." The integrated circuit production chain will not sell it to you no matter how much money you give..."
"How is this possible? How can there be no reason not to sell for money?" Jiang Shangyi almost blurted out.
Yang Mo chuckled and said: "You have been living abroad, and you may not be familiar with Western technology controls. From the Paris Coordination Agreement to the Wassenaar Agreement, China has always been excluded from the door of technology sharing!"
Zhang Rujing suddenly realized: "No wonder you have always suggested that World Semiconductor put its headquarters in Silicon Valley?"
Yang Mo shook his head and said: "This alone is not enough! After all, the founder of Shida Semiconductor is still Chinese, and everything from R&D to production is located in mainland China. Americans will not be willing to let Shida remain at the forefront of chip manufacturing. As long as they have the opportunity, they will limit the development of Shida at any cost!"
"The lithography machine market is still mainly in the hands of the Japanese. Nikon and Canon account for almost 70% of the lithography machine market share. The main competitors in European and American countries should still be the Japanese, right?" Zhang Rujing said in confusion.
"When the snipe and the clam compete, the fisherman wins. We must take advantage of the opportunity when Japan and the United States compete for the right to speak in the integrated circuit industry chain, develop in an insignificant way, and build our own complete industry chain, so that we will not be choked by technical control! But Jiang What he said makes sense, our own strength is not enough, so let’s return to Amsterdam first, and you will fly to San Francisco instead. I may stay here for a few more days..." Yang Mo said thoughtfully.
Zhang Rujing's heart moved: "Mr. Yang, you don't want to acquire ASML, do you?"
.........
Amsterdam, Netherlands, Philips headquarters.
Ke Cilei, who has just been promoted to CEO of Philips, seems to be sitting in the crater of a volcano.
Affected by the bursting of the Internet bubble that swept the world, Philips, whose main products are concentrated in consumer electronics, semiconductors and electronic components, suffered a heavy blow. Sales fell sharply by 20%. Sales of the electronic components department fell by 54%, accounting for one-third of Philips' sales. The semiconductor business fell by 25%, falling into a loss for the first time since its establishment. This also caused Philips' stock price to plummet from US$60 at the beginning of the year to less than US$20.
"Your Excellency, Mr. Yang Mo from Zhiyuan Group has arrived and is waiting for you in the reception room!" Assistant Fanny gently knocked on the door of the president's office and walked in.
Ke Cilei nodded, walked quickly to the reception room, pushed open the frosted glass door, stretched out his hand and said with a smile: "Mr. Yang, I am Ke Cilei, CEO of Philips and president of the components department..."
"Yang Mo of Zhiyuan Group, please forgive me for taking the liberty of visiting!" Yang Mo stood up and said politely.
"I wonder if Mr. Yang has any new investment intentions when he comes to Amsterdam this time?" After a brief greeting, Ke Cilei asked straight to the point.
Yang Mo chuckled and said: "Mr. Ke Cilei, to tell you the truth, Zhiyuan Group has always wanted to expand its consumer electronics business. I wonder if Philips has any plans to sell its consumer electronics business?"
Ke Cilei shook his head and said: "Consumer electronics has always been the most profitable industry among Philips' three core businesses. We have no plans to sell it for the time being! We can talk about other businesses!"
"Other businesses? Do you mean the medical equipment business?" Yang Mo asked.
"No... no, medical equipment is a new track that Philips has invested heavily in. I mean the electronic components department and the semiconductor business. We are just preparing to go out independently!" Ke Cilei said.
Yang Mo smiled bitterly and said: "The bursting of the Nasdaq Internet stock bubble has spread to the world. The golden age of electronic components and semiconductor business has passed. If I remember correctly? Philips' electronic components business has almost been cut in half, and its semiconductor business sales have The drop is also close to [-]%. If we divide it now, I’m afraid no one will take over!”
When Ke Cilei saw that "getting rid of the burden" failed, he immediately changed a strategy and said: "Philips's consumer electronics business has in-depth cooperation with Amazon. Our medical equipment business, if we can leverage the influence of Zhiyuan Group in Asia, Africa and Latin America, If Zhiyuan Group can join Philips as a strategic investment partner and inject capital and new resources into Philips, I believe it will be a win-win choice!"
Yang Mo chuckled and said: "Before I came to the Netherlands, I heard a rumor: Your Dutch government doesn't seem to like some high-tech and high-risk companies. If a company is engaged in high-end precision manufacturing such as semiconductor business or medical equipment, the office If the lights are left on for 15 consecutive nights, the government labor inspector will ask to see the work permit..."
Ke Cilei secretly complained in his heart: If you want to lower the price, just say so. There are too many jokes about the Dutch, but he still defended himself: "Most of these rumors are spread by rumors, and even if they exist, they are only individual cases..."
Yang Mo pondered for a while and then said: "Strategic investment is not impossible. If you can dilute enough holdings, Zhiyuan Group can consider it..."
Ke Cilei quickly shook his head and said: "Holding a controlling stake is unlikely. Philips is willing to dilute 12% of its equity. After the financing is completed, Zhiyuan Group will become the second largest shareholder of Philips!"
"The second largest shareholder has no investment significance for Zhiyuan Group! It cannot help Philips slim down, cut off bad businesses, and get out of the predicament caused by the Internet bubble as soon as possible!" Yang Mo said with a sincere face.
"Slimming down? How do you say this?" Ke Cilei asked in confusion.
"Then I will simply tell you my opinion. Please forgive me if I am wrong! One of the main reasons for the decline in Philips' performance is probably the result of over-expansion in recent years, proper downsizing, and the reduction of many production departments. We will streamline administration and cut off some bad businesses that eat up cash flow, and prepare for the second rise of core businesses such as medical systems, household appliances, consumer electronics, and lighting systems!" Yang Mo continued.
Yang Mo's words can be said to have spoken to Ke Cilei's heart. Since he took office, he has also been planning reforms in this area. Medical systems and consumer electronics are his core businesses that turn losses into profits!
Thinking of this, Ke Cilei said decisively: "Mr. Yang, as long as you are willing to become a strategic investor in Philips, I can accept your suggestion and separate the most expensive semiconductor business first. I believe that the electronic components department has the strong support of Zhiyuan Group." With support, we should be able to get out of the pit of losses quickly, what do you think?"