Chapter 767 Investigation (Two in One)
MIGA Fund began to prepare funds for the upcoming crisis as planned, and various financial products will be delivered in an orderly manner within a few months.
Fang Zhuo's high-level move on Yike shares was first to buy Android's shares from Sony, and second to take into account the CMOS production line that Sony and Bingxin cooperated on.
Because it is a joint venture, this production line will not be introduced into Luzhou Plant 1 and Lin'an Plant 2, and it is initially inclined to choose between Shencheng and Luzhou to build a new plant.
Because of Bingxin's own revenue budget arrangement, half of the investment in this production line belonging to Bingxin will obtain loans from the local government, ICBC, and Bank of China, and Fang Zhuo's personal funds will also be used.
If everything goes well, the construction will be finalized and started within the year, and it may be put into production in the second half of next year.
However, there is one thing that Fang Zhuo made a special call to communicate with Stringer.
"Sir, the process requirements for the sensor production line, I noticed that Sony proposed a 130nm process, is it a bit behind?"
Singer asked back: "What else?"
"We have completed the risk trial production of 90nm. If it goes online next year, this process is OK." Fang Zhuo was quite proud.
"That's OK." Stringer was a little happy, but only a little bit, "90nm is enough for ten years."
Fang Zhuo was stunned when he heard this time unit, and asked tentatively: "Ten years? What if 65nm is used?"
Singer said unexpectedly: "65nm, do you Bingxin even have 65nm?"
"I don't understand the technology, but the company's technical team said that the current development is quite fast." Fang Zhuo said vaguely.
Stringer smiled and said, "That's a coincidence. I don't understand technology either. A president who doesn't understand technology and another president who doesn't understand technology are discussing enthusiastically... This kind of thing should be left to people who understand it."
But he still said based on his impression: "I think this was mentioned when I listened to the report last week. If there is really 65nm, it may be used for 20 years. We also have to consider the cost of advanced processes. It may not be the best choice for sensors."
This is one of the reasons why Sony's sensors can cooperate with Bingxin. Image sensors do not have high requirements for processes. Bingxin's 130nm is already a mature process.
Fang Zhuo ended the call with the old knight with both happiness and resentment. The process technology used in the production line is of course decided by the technical teams of both parties, but this matter really made him feel a little weightless like a punch on cotton.
However, after Bingxin adjusts its technology development route, the most valuable thing in the next stage is to allow Qualcomm to place orders for advanced processes, which may still require the test of Liang Mengsong's strength.
Sony's joint venture sensor production line will not be completely finalized until it returns to China, but regardless of whether it can surpass its competitor Canon in the field of mobile devices, Fang Zhuo thinks this is a good opportunity to acquire technology.
After all, although he always emphasizes to Stringer that Sony's sensor technology is backward, it is backward in the first echelon, not really backward.
On June 25, the day before Fang Zhuo and Sina executives agreed to visit Facebook, the acquisition procedures with Sony regarding Android were also completed.
In other words, Sir Stringer, with Sony's mobile phone patent package, got a cash sum of 65 million for the company.
What a dazzling operation!
Originally, Fang Zhuo planned to keep a low profile, but he didn't expect to see Stringer's handwritten answer on Quora in the evening.
Sir is Sir.
He expressed his feelings about managing Sony by handwriting first, then taking pictures and answering in the form of pictures, which is truly handwritten.
This is not the end. On the way to Facebook the next day, Fang Zhuo, a distinguished Bloomberg member, saw a slightly similar interview with Stringer on the financial channel of the Bloomberg terminal.
To be honest, Sony's current situation is that PS3 frequently delays + electronic products face severe challenges + the dispute over the blue-ray standard is in a vortex, which are important reasons why the stock price has not improved.
But with the relatively beautiful financial report brought by additional income and reduced expenses, Stringer's answer sheet for the first half of 2006 may boost the company's market value.
However, the most basic problem is not easy to solve. Once the external economic situation changes, all of Sony's problems may be twisted together and explode.
"Mr. Fang, Twitter is also very interesting. It actually uses text messages to do social networking. Compared with Facebook, which insists on real names, this model is also quite viable."
Wang Yan sat in the car and did not notice Mr. Fang's distraction, talking about another new company in Silicon Valley.
"I think Sina is more suitable for social networking among acquaintances and social networking among strangers." Fang Zhuo came back to his senses and said directly, "Sina has a lot of experience in blogging. If there is a suitable time in China, a Twitter-like product will have a better market."
Wang Yan's thoughts turned, and he smiled and asked, "What is the right time?"
He thought that a suitable time meant that there was a clear trend in the competition between Xiaonei.com and Penguin.
Fang Zhuo said without hesitation, "In the 2008 Olympics, if we use such a product that allows people to express their feelings briefly to watch the events at home, it will surely have a very good effect."
Wang Yan was a little surprised that the boss at this time was actually a serious boss, not a boss who was up to no good.
He nodded carefully, "Mr. Fang is right, I think so too."
Fang Zhuo was about to compare the two modes of Facebook and Twitter when he received a call on his mobile phone informing him of unexpected news.
The call was not long, but the content made Fang Zhuo think for a long time.
Wang Yan looked at his boss's obvious thoughtful expression, and waited until they were almost there before asking: "Mr. Fang, what's the matter? There won't be any adjustments, right?"
The operation of MIGA Fund's sale of shares was still a thorn in his throat.
Fang Zhuo shook his head and said: "Nothing, I have to go back to Houston in two days, you don't have to follow me, just investigate Silicon Valley, I will be back soon."
"Going back to Houston?" Wang Yan was surprised, "Is it about the team?"
Fang Zhuo said lightly: "I guess so, an Illinois senator was invited to Houston, he seems to like basketball very much, I plan to go back and give him a championship ring from last season as a souvenir."
Wang Yan was even more surprised.
Because of the report of Sina Sports, he also had some understanding of Mr. Fang's team. The Rockets won the championship last season, and Mr. Fang announced that he would make the most expensive championship ring in the history of the league, and finally fulfilled this promise.
Many team members who received the ring showed the media the gold and diamond materials and the carved oriental dragon image.
Boss Fang is very wealthy, and the Rockets' ring, which costs more than $100,000 on average, has been given the nickname "Dragon Ring".
Now, such a ring with high economic value is given to a congressman?
Wang Yan did not think that Mr. Fang was reluctant to give it, but was surprised whether such a gift would be a bit eye-catching.
Fang Zhuo seemed to see Mr. Wang's doubts and said with a smile: "It's just a souvenir. This black congressman likes basketball. As the defending champion of this season, the Rockets have an obligation to promote a harmonious and friendly basketball culture. A ring is not given to him personally, but to express gratitude for his basketball activities in Illinois."
"The Rockets will also gather a few champion players to do activities in Illinois. Well, the team will also donate some basketball-related public welfare supplies to the community there, and may also help renovate the stadium."
Fang Zhuo's preference is a set of activity gift packages from the defending champion.
It is precisely because of the deep affection of this season's champion that the black congressman in Illinois, Comrade Ao Guanhai, came to Houston in person.
At the beginning, Bingxin went to five major departments in succession to obtain the license for equipment procurement and technology introduction, and also witnessed the effectiveness of off-field factors.
At that time, Fang Zhuo tried to set up a small department to strengthen some influence.
Now, the famous basketball fan Ao Guanhai is a small achievement.
In addition to the above-board contact in basketball, this person's reputation for taking money to do things in Illinois is also quite good. However, Yi Ke did not take advantage of this, but promised some local jobs.
Fang Zhuo felt that when this person ran for election next year, Bingxin's 2008 procurement license would not have any problems, and the 2013 license might also be able to be obtained. In that case, it would be worth the price.
Small ball promotes big ball, and basketball promotes license.
That is, with a layer of contact, Fang Zhuo can see that Guanhai's influence in Illinois is quite Jewish.
"Don't say, Mr. Fang, our sports department didn't do these behind-the-scenes news reports of the team before. Since you bought this team, the information in the basketball section is both first-hand and has a lot of depth." Wang Yan praised.
"It's good to keep the money within the family." Fang Zhuo smiled and didn't continue the topic.
Soon, the group arrived at Facebook a little earlier than the agreed time.
Because Fang Zhuo was the one who came forward, Mark Zuckerberg was the one who received them.
Fang Zhuo shook hands with him seriously and observed him for a while. He felt that he didn't look like a lizard man and his smile was quite natural.
It was the weekend and only a few people were on duty in the company.
The group of people who were inspecting were led by Zuckerberg to visit the company's internal situation and listen to the founder's ideas about social networks.
MIGA Fund had previously had investment contacts with Facebook, and Zuckerberg was now introducing the company to investors.
From its founding to now, Facebook's user base has exceeded 7 million, most of whom are college students.
Zuckerberg talked freely and mentioned the company's ongoing transformation into a social platform for all.
"Zuckerberg, why are you so decisive in making the transformation instead of focusing on the college student group? After all, 7 million users is also quite impressive." Wang Yan asked a question.
He felt that it was not that it could not transform, but that Facebook's transformation was too decisive, so he was very curious about the logic behind it.
"The total number of user groups is here, and the ceiling of the student group is relatively low, but we are far from reaching the ceiling of this group." Zuckerberg said frankly, "The first factor that really prompted us to make up our minds was that we developed an analysis model for user growth."
This made Fang Zhuo curious: "Analysis model?"
Zuckerberg nodded slightly: "Yes, we combined various factors of user growth to make a data analysis model, and the final result is that the growth inflection point will be ushered in by the end of this year at the earliest."
He shrugged: "This is not good news. Facebook needs to transform and move towards a larger space. We have also calculated the growth trend after the new decision, and this inflection point is much farther away."
A group of people from Sina looked at each other, and they didn't expect to hear such an answer.
Zuckerberg also asked a question at this time. He asked the boss of MIGA Fund: "Mr. Fang, we rejected the acquisition from Yahoo not long ago. They invested $1 billion in cash. What do you think of this decision?"
"It's a very bold decision." Fang Zhuo smiled, "But I like it very much. I saw this report and think that your management team is very courageous."
Zuckerberg also smiled and replied: "It was not so bold at first, and I agreed to the acquisition."
Fang Zhuo raised his eyebrows. Has it agreed?
Zuckerberg sighed: "But Yahoo thinks that Facebook is facing many problems and cut the acquisition price to $850 million. I had to tear up the agreement and made a decision that Mr. Fang liked."
"So there is such a thing." Fang Zhuo pondered for a moment, "If Facebook is short of money, I would be happy to invest."
Zuckerberg shook his head and said: "It seems that there is no shortage of money at present. We plan to go public the year after next, and the subsequent funds should be no problem."
Obviously, plans cannot keep up with changes.
When Fang Zhuo heard the time, he knew that Facebook's listing plan must have been a bubble, but its own quality would not make funding a difficult problem to solve.
"It would be great if it was listed smoothly. If there is any accident, my phone is always online." Fang Zhuo smiled, "Our country also has similar social products. Facebook's listing will undoubtedly greatly encourage their development."
Zuckerberg smiled slightly: "Then I don't know if the listing is the right decision. Encouraging competitors is not a good thing."
He wanted to build Facebook into a product with global users, and the Eastern market was naturally in his sights, but it was not enough now.
Fang Zhuo did not discuss this issue. He made a phone gesture with his right hand, and then motioned Zuckerberg to continue talking about Facebook.
Zuckerberg extended his hand to invite the Eastern guests to the coffee shop, intending to drink and chat.
...
Just as Fang Zhuo and Sina were inspecting Facebook, the major shareholder's reduction plan of Yike Company, the major shareholder's reduction plan of Sina Company, and the recent well-known MIGA fund attracted the attention of some financial institutions in New York.
The major shareholder of the two listed companies and the well-known private equity fund are all owned by the same person, who is also the wealthy owner of a famous American championship basketball team.
Suddenly, what is the purpose of this oriental tycoon's series of actions?
Is this a signal that he has problems?
Or is there something wrong with Yike and Sina?
As a typical representative of Chinese concept stocks, the actions in a short period of time have attracted the attention of financial institutions, and they also plan to conduct some in-depth research to see if there are any benefits to be gained.