Reinventing the Millennium.

Chapter 762 Reduction of holdings (two in one)

Although Fang Zhuo still showed his partiality to Morning Star, Liang Gongwei and his party who were going back to Baodao changed their schedule and planned to continue to focus on Silicon Valley for some time.

Fang Zhuo has nothing to do with this, and the attitude of Mr. Liang and others largely determines the style of Morningstar. Both Yike and Bingxin need hardworking collaborators, and a hardworking Morningstar is good for everyone.

However, the emergence of MediaTek, a competitor that made Morningstar have long nights and dreams, made Fang Zhuo re-examine Morningstar and the IC design process again.

For a long time, most of his attention in semiconductors has been focused on catching up with advanced manufacturing processes. For three years, relying on policy support, help from friends and businessmen, love from friends, and some means, it also coincided with the management of Taiji After making mistakes after the change, it finally became decent and began to try to catch up across generations.

The development of the mobile phone project has further revealed the value of IC design in the industry chain. It can make products more competitive, and it is not just a solution integrator.

For entry-level products, MediaTek is a choice, and Morningstar is a choice. When they are optimistic about the opportunity of the new system, they also express their expectations for a higher positioning. This is obviously a predictable development path.

Considering the current timeline, Fang Zhuo feels that he will soon have the opportunity to try to recruit a group of first-class design talents. He can form a joint subsidiary with Morningstar to carry out cooperation for this period of time, and strengthen acquisitions in the future. Actions.

On June 6, as the evening approached, Fang Zhuo finished listening to the report again after the frequent meetings of the past few days. He was considering meeting with Stringer, the head of Sony, in the near future, and finally implemented the cooperation of the image sensor.

dong dong dong.

There was another knock on the door in the office that had just been quiet.

"Brother Wang, why are you in such a hurry? Sit down."

When Fang Zhuo saw Wang Yan walking in, his expression was a bit strange.

From Houston to Silicon Valley, Sina’s executives have almost finished their vacation, and have changed from Facebook experiencers to high-tech company observers.

"I received the domestic news, and the domestic received a call from New York, informing of a reduction plan from the MIGA Fund, which will reduce about 5% of the shares in the next few months." Wang Yan did not sit down and reported The latest news was told to the chairman in a formal manner, and the source was actually right in front of him.

Both MIGA Fund and Yike Investment have seats on Sina's board of directors. The former holds 9.6% of the shares, and the latter holds 15%. Both of them are undoubtedly implementing Mr. Fang's will.

"Oh, this matter is the financial judgment of the MIGA Fund, and it will not affect Sina's situation." Fang Zhuo reached out his hand again, poured another cup of tea, and said kindly.

Wang Yan frowned. MIGA Fund had previously reduced its holdings and bought, but this time it sold 5% all of a sudden, which is really shocking.

He still sat down and said tactfully: "Mr. Fang, Sina's recent performance is quite good. If nothing else, the stock price will go higher in the second quarter thanks to the new highs of "World of Warcraft" and advertising revenue. "

"It's the overall environmental judgment made by the fund." Fang Zhuo pondered for a while, "It's my approval, and it has nothing to do with Sina's performance."

Wang Yan couldn't help asking: "Is it related to Sina's positioning?"

Fang Zhuo smiled and said, "What position?"

"The position of being close to Mr. Fang." Wang Yan gave an unprofessional statement at this time, and said with some complaints, "Mr. Fang, e-commerce and e-commerce are not allowed, and social media and social media are engaged in investment. In a blink of an eye, You, the big shareholder, want to pack up and leave, this..."

For Sina, MIGA Fund is not just a foreign fund, but also represents the action of major shareholders.

There is no doubt that Mr. Fang, the major shareholder's shareholding reduction, has a negative impact on the market and a negative impact on the stock price.

Although after the shareholding reduction, Mr. Fang is still the major shareholder, but...

After receiving the call, Wang Yan didn't come to Mr. Fang immediately, but after some thought, but he still couldn't figure out what Mr. Fang was thinking.

Such a reduction in holdings will not be just the beginning, will it?

Will Sina usher in greater changes?

Could it be that Mr. Fang also lost confidence in the domestic portal websites?

A godson is a godson...

Wang Yan took a sip of tea and sighed slightly.

Fang Zhuo saw Mr. Wang's mood, thought for a while, changed his way of comforting, and said, "Don't talk about Sina, Yike also has a plan to reduce its holdings now."

Wang Yan raised his head suddenly, his eyes were a little strange, what?Now Yi Ke isn't even considered his own son?

Fang Zhuo spread his hands: "Look, I didn't lie to you, it's a financial judgment, it's a judgment of the overall economic environment."

Only now did Wang Yan start to think about the reasons Mr. Fang gave at the beginning. If even Yi Ke started to reduce his holdings, this judgment would be quite true.

The phone on the table rang.

Fang Zhuo glanced at the incoming call. It was the speaker from the Anliang Chamber of Commerce.

After he connected, he chatted for a few words, and after hanging up, he said to Mr. Wang: "Another person called me because of fund operations, Brother Wang, I don't have any other thoughts about Sina. I still have to watch the Olympics on Sina." Well, don’t worry about it, let’s watch more about Facebook’s development now.”

Fb is currently undergoing a transformation from university + high school to social networking for all. This is also the situation that Sina executives are focusing on observing.

Wang Yan nodded slowly, and reported a few words: "Fb has made a change in the information flow for the sake of social networking among all people, and it seems to be quite effective now, and it is still firmly insisting on allowing users to register with their real names. I'm afraid it won't be easy to implement in China."

Fang Zhuo nodded, agreeing with this judgment.

Wang Yan added: "But if there is no real-name system or real name, how can the domestic Xiaonei website continue to attract users?"

Fang Zhuo smiled and said, "This is a good question. I'm more curious about how Penguin will solve this problem."

At this moment, Wang Yan's mind suddenly came up with a word that he had just heard—financial judgment, how financial is the investment in Xiaonei?
The two chatted a few more words on social networks and discussed the issue of user tonality.

"Mr. Fang, it's almost time for dinner. Shall I treat you to steak tonight?" Wang Yan got up.

Fang Zhuo pointed to the screen of the laptop, and declined politely: "There is also a video conference. Don't think too much about Sina's shareholding reduction. We are going to visit Facebook's Zuckerberg this weekend. I have an appointment with him."

Wang Yan didn't insist, and was somewhat relieved after communicating with Mr. Fang.

He absolutely does not want to see Sina return to the situation where the shares are dispersed.

At seven o'clock in the evening, the video on the laptop was connected, and Su Wei was on the other end.

Fang Zhuo flipped through the domestic white-brand mobile phone market research report sent by MediaTek, while drinking tea, he patiently waited for the call from President Su to end.

This wait was another half hour.

"Tokyo's cosmetics brands are hard to deal with?" Fang Zhuo asked with a smile after changing a cup of coffee and seeing the end of the call on the computer.

Su Wei waited for the end of the Taobao 6 event in China before leading Tesco to Tokyo to negotiate cooperation with cosmetics brands.

She shook her head with some annoyance: "Brands here in Japan are very stubborn. First-tier brands strictly control their channels. They don't think e-commerce can help them much. Second-tier brands are also hesitant, but those small brands are more active."

Fang Zhuo understood: "There is no shortage of sales for first-line brands. The most valuable thing about e-commerce is growth. Even if you want to cooperate, it will not be too late to cooperate when e-commerce grows to a certain share. Why bother to let you hit its offline now? channel."

This was his judgment when he knew that Su Wei was going to discuss cooperation.

The offline channel is the world of well-known cosmetics brands.

Su Wei frowned and said, "I'm just thinking about how different the effects of different cosmetics are."

Fang Zhuo entered the blind spot of knowledge and shrugged his shoulders: "Whether you support small and medium-sized foreign brands or not, you must control the quality, but you can also cultivate it from this aspect."

If big brands are unwilling to cooperate, they will manufacture star items and online celebrity items, which will also allow e-buy to attract traffic from female users.

"Let's talk about it. If it doesn't work, use Korean brands to stimulate it. If you can leverage it a little bit." Su Wei still has some negotiating strategies that she didn't use.

Fang Zhuo couldn't help but laugh, this may really have a miraculous effect.

He asked a few more questions, flipped through the research report twice, and chatted about his situation.

Compared with Tesco's cooperation negotiations in Tokyo, the different performances of Google, Qualcomm, Morningstar, MediaTek, and Texas Instruments are much more exciting.

Fang Zhuo's eloquence is already good, and he would compare the situation of two or three of them from time to time during the chat, which made Su Wei sound more fascinating.

After listening to it, she said in disbelief: "A new mobile phone system that hasn't been released yet is so favored?"

Fang Zhuo smiled, picked up the research report in his hand, showed it to the notebook camera, and said: "MediaTek sold 2850 million chips in the mainland last year, and then we have this research."

"In addition to some market data, what else did it say?"

"MediaTek provides a complete machine solution to the majority of counterfeit phones. The mobile phone system relied on is a real-time embedded OS--nucleus, and the compiler is an old version of ARM ADS. It is impossible to dynamically load applications. It is burned in together with the kernel compilation, which is very mechanical."

"It also compares the current mainstream systems, and believes that there is currently a contradiction that consumers' more and more mobile phone function needs cannot be met."

"And the current performance of the Android system has the prospect of resolving this contradiction."

"Cai Mingjie of MediaTek said he is optimistic about the Android system. It seems that he is not lying to me."

Su Wei didn't understand, but she was quite shocked, because she knew what kind of research sample can be presented by tens of millions of sales.

She talked about a detail of her mobile phone: "I know I use Nokia Symbian, and sometimes I need to import some certificate signature for the next program, which is very troublesome, and sometimes the signature will expire."

"Symbian signature requires money. The S60V3 updated this year is not compatible with the previous version of the program." Fang Zhuo smiled slightly, "This is really troublesome. If it can't be solved properly, let Android help to solve it."

Su Wei pondered for a moment, and sincerely expressed her true feelings: "It sounds like there is a kind of dark cloud floating before the meeting."

Fang Zhuo thought about this scene and thought he liked it.

Su Wei turned to chatting about the vitality of domestic Taobao activities, and at the end of the video, she deliberately moved the camera forward, pretending to sniff.

"What are you doing?" Fang Zhuo was puzzled.

"I'll smell if it smells like a supermodel." Su Wei said seriously.

"How is it possible, I am a red heart to Weiwei." Fang Zhuo was also serious.

Su Wei smiled but said, "I have to take a good look at this."

Fang Zhuo raised his palms up: "It takes a long time to see people's hearts, and you can definitely see my heart."

Su Wei wanted to quote a line from a movie, but resisted the urge to end the video call. After a couple of emotional changes, she quickly began to rethink the cooperation with the Tokyo cosmetics brand.

Fang Zhuo habitually read the research report before simply eating dinner.

Today is destined to be a day to solve the impact of fund actions.

Wang Yan from Sina was not the only one who was frightened by the actions of the MIGA Fund. Fan Xiong from the Anliang Chamber of Commerce flew to Silicon Valley to meet Mr. Fang with some panic after receiving the fund's delivery notice.

Thanks to the profits brought by MIGA funds, the influence of Anliang Chamber of Commerce has expanded rapidly.

But Fan Xiong was not dazzled, he knew how much money can play in today's chamber of commerce.

Times have long since changed.

He didn't mean to question Mr. Fang this time, but just planned to report in detail the recent actions of the chamber of commerce.

Fang Zhuo was very patient about this and listened to Fan Xiong's detailed and even tedious reports.

One of the more important things is that the Chamber of Commerce has developed a lot in the Netherlands in Europe, and many members of the Dutch branch have their family members in China.

After everything was reported, Fang Zhuo gave the same reason as Wang Yan: "This is a financial adjustment, and the foundation believes that the economic situation in the future will not be very good, so the delivery will be made first, so that the profits will be secure. "

Fan Xiong thought hard, and managed to say a word: "Mr. Fang, does this mean that cash will be king in the future?"

Fang Zhuo was taken aback, and laughed loudly: "Yes, yes, cash is king, that's what it means after the delivery of these profits."

Unlike Wang Yan, Fan Xiong firmly believed in Mr. Fang's words of "financial adjustment". He continued to think hard and asked, "Can I return to China to invest? It's not impossible to go anywhere, right? The main thing is that they have money in their hands. Not very survivable."

Fang Zhuo sighed: "If you continue talking, you can come to the foundation as a manager."

Fan Xiong smiled, knowing that Mr. Fang was joking.

"Don't worry, with technical adjustments, everything will get better." Fang Zhuo felt that Fan Xiong would save a lot of trouble here, "I can really consider going back to China for a while."

Not to mention the family members of the Dutch brothers, the son of Lao Fan, Xiao Fan, is developing well in Yikeli. I heard that Xiao Fan has a girlfriend, how can this not be gratifying.

Speaking of the Netherlands, because of the communication between Liang Mengsong and Qiu Ciyun after they met, Bingxin will place an order for lithography machines and other equipment from the Netherlands in the near future.

It is reported that ASML has a more advanced immersion lithography machine TWINSCAN XT:1900i, which will become a great boost to the intergenerational development of IceCore.

(End of this chapter)