Reborn since 1993
Chapter 801 The King’s Flag changes at the top of the city
Chapter 801 The King’s Flag changes at the top of the city
When Microsoft, Goldman Sachs and Walden International all agreed to invest in Doxin Semiconductor at a valuation of US$2 billion, the deal was basically done.
Doxin Semiconductor transferred 10% of its equity to each of the three Microsoft companies, and exchanged 30% of the equity for $ million in financing. This is definitely a huge deal.
Especially now that there are rumors in America that a security investigation will be conducted on Doxin Semiconductor.
With this huge amount of financing and the endorsement of Microsoft, Goldman Sachs and Walden International, Doxin Semiconductor is able to survive this crisis and even go further!
With this huge amount of financing, plus the endorsement of Goldman Sachs, Doxin Semiconductor will be able to carry out a major expansion, purchasing equipment from overseas, recruiting top R&D personnel, expanding production capacity, investing more funds in chips and lithography machines, and so on.
Moreover, Soros and his group of vultures are about to start making trouble in Southeast Asia. Japan and South Korea are the hardest hit areas. It would be unconscionable for Dongxin, which has huge amounts of cash, not to poach some people from the semiconductor industry in Japan and South Korea and acquire some technologies, patents and equipment.
A burst of flashes of light froze the scene of Wu Xinyi, representing Dosin Semiconductor, exchanging contracts with Ed Fleiss, Chen Liwu, and Zhang Ailun.
In the photo, behind Wu Xinyi, Li Dongling and others are standing with smiles on their faces. If nothing unexpected happens, this photo will appear on the front page of major domestic financial, technological, and financial industry magazines tomorrow!
The preliminary agreement has been exchanged, and there are still many contracts and documents that need to be finalized by professional accountants and legal personnel. The process will be cumbersome, but the transaction has basically been finalized.
"Li, I hope the deal between Microsoft and Dongling Hi-Tech regarding the Stargazing Digital Video Recorder can be completed as soon as possible!"
After the group photo, Ed Fleiss found Li Dongling and spoke to him again, obviously fearing that things would get more serious if the night went on.
"There will be no surprises in this deal. Dongling Hi-Tech will have many opportunities to cooperate with Microsoft in the future!"
Li Dongling comforted Ed Fries and told him not to worry. Dongling Hi-Tech just wanted to make a killing on Microsoft, but didn't want to ruin the deal.
"Once Peregrine and Goldman Sachs complete the overall valuation of the Stargazing Digital Video Recorder, Dongling Hi-Tech will start to complete the transaction with Microsoft!"
After hearing what Li Dongling said, Ed Fries had to return to Microsoft headquarters to report on his work and then wait for Li Dongling's offer.
After Ed Fleiss left, Li Dongling told Zhang Ailun as he saw him off, "Dongxin Semiconductor still needs Goldman Sachs' help in dealing with the public opinion crisis in America!"
Only an alliance of interests is the most reliable relationship. Goldman Sachs may not like Doxin Semiconductor, but it cannot ignore the $200 million it invested in Doxin Semiconductor!
Ed Fleiss and Zhang Ailan both left the project, but Chen Liwu did not leave Hanxi. He also had to coordinate the cooperation between AMD and Doxin Semiconductor.
……
"According to Hong Kong media news, an American news network has once again reported that another federal senator on Capitol Hill has expressed his opinion on Dongxin Semiconductor and believes that an investigation should be launched into Dongxin Semiconductor!"
“So far, Hanxi Dongxin Semiconductor has not issued any statement, but domestic units including the National Technology Committee and Hanxi Technology Association have expressed their support for Dongxin Semiconductor.
In addition, the relevant personnel of the Ministry of Commerce responded to the reporter's question and said that what happened to Dongxin Semiconductor in America was unfair and that Dongxin Semiconductor did not violate any safety regulations..."
During this period, Lu Ning, the general manager of Great Wall Computer Company, which was busy with its listing, habitually turned on the TV after accepting another wave of media interviews, and then saw the news related to Doxin Semiconductor.
This is one of the hottest news in the country at the moment, and it is also a major event that the technology industry is paying attention to.
There are many different opinions in China about what happened to Doxin Semiconductor. Some say that Doxin Semiconductor is doomed and may go bankrupt and close down.
Some also say that the most that Doxin will face is a fine, and it is very likely that it will end up like Toshiba did back then. Although it will not go bankrupt, it will certainly suffer a serious loss of vitality.
Lu Ning does not have any deep hatred towards Doxin Semiconductor, but competitors are enemies. Great Wall Computer and Shenzhou are now rivals.
It also happened to be a critical period for listing, and the impact of Shenzhou Computer on the domestic computer industry was so great that even Great Wall was greatly affected.
If Dongxin Semiconductor goes bankrupt, it would be like cutting off one of Shenzhou Computer's arms. Without Dongxin's chip supply, Shenzhou Computer's sales would definitely plummet. This would definitely be a good thing for Great Wall Computer and others.
Therefore, the domestic computer industry is also extremely concerned about Dongxin's affairs. Even though it is about to go public, Lu Ning is still keeping an eye on the developments in the media.
I checked several news channels, but there was no new news. Although the atmosphere created by the media was very tense, America had not taken any substantive action regarding Doxin Semiconductor.
This made Lu Ning complain that the Federal Trade Commission of America was so slow in doing things. At this rate, it would take several months for the news to come out. After flipping through a few TV stations, Lu Ning glanced at his watch and prepared to turn off the TV. He had to meet with people from the securities agency in the afternoon to discuss the stock price of Great Wall Computer after its listing.
At least the stock price cannot fall below the issue price on the first day of listing, otherwise who would dare to buy Great Wall Computer's stock in the future?
Lu Ning believed that everything that happened to Great Wall Computer was closely related to Shenzhou Computer. If Shenzhou Computer had not been so strong, how could Great Wall Computer be so passive? !
In the past, domestic computer brands could make money without doing anything. They would import parts, assemble computers and sell them. They could also make money and go public.
As a result, Shenzhou Computer jumped out and said that it was a truly domestically produced product and sold it at a lower price. The performance of the machine was even better than that of its competitors. It directly smashed the pot that everyone was making a living from. It would be strange if Lu Ning had a good impression of Shenzhou Computer!
Just as he was about to turn off the TV, a piece of news suddenly popped up, making Lu Ning freeze there.
"The following is the latest news from Hanxi TV: Hanxi Dongxin Semiconductor Company has reached an investment agreement with Microsoft, Goldman Sachs, and Walden International today!
Three companies from the United States, including Microsoft, formed a joint investment group to jointly invest $600 million in Dongxin Semiconductor. This is the highest investment record in the history of a single company in my country! "
After the news was broadcast, the scene of exchanging the cooperation agreement appeared on TV, followed by Wu Xinyi's interview with the media.
"Dongxin Semiconductor will begin preparations to complete its listing on Nasdaq. Dongxin Semiconductor's goal is to become the best semiconductor company in the world and provide more advanced chip products to more users!"
Wu Xinyi spoke eloquently in front of the camera, shouting slogans at the top of his lungs. Although some of the words made him blush, he had to brag about these things for the sake of Dongxin Semiconductor's listing and his equity rewards.
On TV, Wu Xinyi was bragging, but Lu Ning, who was watching TV, had a confused look on his face. Why did the script suddenly change?
Shouldn't it be that Doxin Semiconductor was investigated by America, then fined a huge amount, and finally went bankrupt?
But now, Lu Ning heard something. Doxin Semiconductor received an investment of 600 million US dollars. That is 600 million US dollars in foreign exchange!
Not only has Doxin Semiconductor been fined, it has also received huge investments and is even clamoring for a NASDAQ listing. Great Wall Computer is still struggling to get listed on the A-share market.
The sudden change made Lu Ning a little confused, but he knew that something must have happened that he was not aware of.
Moreover, Lu Ning thought of another thing. Microsoft, Goldman Sachs, and Walden International have invested so much money in Dongxin Semiconductor. Will they allow it to be targeted by the Federal Trade Commission in America? !
When Lu Ning thought that Doxin Semiconductor might not only survive the crisis in America, but might also go one step further and be listed on NASDAQ, his heart felt like he had swallowed something and was indescribably uncomfortable.
If Doxin Semiconductor can overcome the crisis this time and make further progress, it means that Shenzhou Computer will be able to get more advanced chips from Doxin in the future. This is definitely not good news for a number of computer brands such as Great Wall and Lenovo.
Now Lu Ning vaguely understood how Boss Liu felt when he faced the Shenzhou computer, and finally understood why Boss Liu regarded Shenzhou as a powerful enemy.
If Dongxin Semiconductor can turn the tide against this adverse situation, then in the future, which chip manufacturer in China can challenge Dongxin's position? The position of Shenzhou Computer will also be unshakable!
The pressures that Shenzhou Computer and Lianxiang brought to Lu Ning were completely different. Lu Ning had no fear of Lianxiang because he knew Lianxiang's strengths and weaknesses. They were all the same kind of people, but Shenzhou was completely different.
After taking a last look at the TV, Lu Ning turned it off dejectedly and walked out of the room. He no longer had any hope that Great Wall Computers could overcome the huge obstacle of Shenzhou Computers.
When a person feels that he will never be able to defeat another opponent, the anger in his heart will naturally dissipate...
……
"Dongxin Semiconductor has received an investment of US$600 million, and its valuation has exceeded US$2 billion, making it the most valuable semiconductor company in mainland China and one of the top ten semiconductor companies in Asia!"
Inside Huajing Semiconductor Company, we also saw news about Doxin Semiconductor, and we also saw the empty talk by Wu Xinyi, who once worked at Huajing, on TV.
As the big brother of the domestic semiconductor industry, Huajing is probably the only one who knows what it feels at this moment.
Currently, Huajing’s chip production line is still at 800 nanometers and cannot even produce Dongxin’s Tianji chip. It also suffered huge losses last year.
Seeing the news about Dongxin again, people at Huajing began to doubt their lives. Are we all in the same industry? !
(End of this chapter)
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