Video Game Empire

Li Xuan returned to Hong Kong a few days later than others because of the negotiation of the movie "Blood Battle in Taierzhuang". ↖↖ǎn↖小↖ said, but soon after he returned to Hong Kong, he received a bad news.

Before, Dongfang Semiconductor Corporation had almost negotiated with Taiwan UMC Electronics Co., Ltd., and would invest in UMC in the form of cash and technology, and obtain about 30% of the latter's equity. UMC is the only semiconductor company in Taiwan that has an independent fab other than Dongfang Semiconductor.

If Dongfang Semiconductor can successfully take a stake in UMC, it means that it can almost completely control the most upstream of the entire Taiwanese semiconductor industry. And UMC has become a self-financing business entity since it was separated from the Taiwan Industrial Technology Research Institute in 1980. Although UMC has developed very rapidly in recent years, its thirst for funds has never been sufficiently satisfied.

The wafer industry is an industry with extremely fast replacement and extremely cruel competition. A fab built with an investment of tens of millions of dollars will lose its technological competitiveness in just four to five years, and needs to continue to be updated. And the investment in building a new generation of fabs will become higher. This cycle is like a bottomless pit, constantly eating up the profits of semiconductor companies. Those companies that cannot keep up with the pace will soon be marginalized by the market, or even bankrupt and eliminated!

Even Li Xuan, the richest man in the world, is gradually feeling overwhelmed by funds under Zhang Zhongmou's strategy of rapid expansion of Dongfang Semiconductor, so he can only accept the continuous injection of capital from other new investors.

Li Xuan's current stake in Dongfang Semiconductor has been gradually diluted to only 48%, which is among all the subsidiaries of Dongfang Group. The first company to lose absolute control. But Li Xuan doesn't need to worry about losing control of Orient Semiconductor, because other shareholders' equity is more dispersed.

The second largest shareholder is Sequoia Capital, a well-known venture capital firm in Silicon Valley. Their share of shares is only 9.8%, which is not enough to challenge Li Xuan! What's more, 75% of the orders of Oriental Semiconductor Company. All come from Li Xuan's oriental system.

If Zhang Zhongmou is really ignorant of current affairs, Li Xuan can easily persuade other shareholders of Dongfang Semiconductor Corporation to oust him and his management team by relying on the order in hand. Of course, that was just a last resort, at least for now, Li Xuan and Zhang Zhongmou's relationship is still very good!

After five years of development and accumulation, Taiwan's UMC is not satisfied with the low-end semiconductor business. They hope to enter the more lucrative mid-to-high-end chip market, which requires investment in more advanced fabs. And UMC is financially and technically. There are still great deficiencies.

At this time, Dongfang Semiconductor Company extended an olive branch to it, so the two sides soon started negotiations on the issue of shareholding! Originally, both parties had already discussed most of the important issues, with only some minor clauses left.

At this time, UMC suddenly made waves. It is said that the major shareholder coordinated a loan from a banking institution. Therefore, they turned to turn down the financial support of Dongfang Semiconductor and wanted to renegotiate the shareholding ratio.

For the current UMC, the thirst for funds is definitely the more the better. Therefore, if there is no special reason, it is impossible for UMC to overturn the agreement that the two companies have negotiated before because of an additional loan.

You must know that UMC was originally the weaker party in the negotiation, but it suddenly became tough at this time. There must be more support behind it. After patiently inquiring from Oriental Semiconductor, UMC's negotiators finally revealed some information.

They were pressured by Taiwanese officials to slow down negotiations with Orient Semiconductor. In recent years, Orient Semiconductor has successively built several new fabs in Taiwan. The cumulative investment is hundreds of millions of dollars. Moreover, it is also dressed in the cloak of American capital. It has always been one of the most courteous companies by the Taiwan authorities, and it is impossible to offend the government at all.

So Zhang Zhongmou personally flew from San Francisco to Taipei. After clearing up some relations, I learned that the order came directly from the Executive Yuan. It is not Zhang Zhongmou and Dongfang Semiconductor who offend the Taiwan authorities. But Li Xuan and Asia Satellite TV in Hong Kong.

"Zhongmou, I really caused trouble this time. But it doesn't matter. I will solve it soon! You spend some time with UMC, they don't have our technical support, unless you go to the United States or Japan again. Looking for new partners! The price offered by Japan and the United States must be higher than us, and UMC should be more uncomfortable than us at this time!" Li Xuan comforted Zhang Zhongmou, who had specially flown to Hong Kong to report.

ATV broadcast live before, the 35th anniversary of the People's Republic of China National Parenthood Parade, which caused a sensation in Hong Kong society! The majestic and mighty military parade has won praise and praise all over Hong Kong, and it has also changed many people's prejudice against the mainland.

Hong Kong has always been an important battlefield in the confrontation between the two sides of the Taiwan Strait. The Taiwan side is naturally reluctant to let the mainland specialize in beauty, so I hope that ATV can also broadcast the Double Tenth celebration in Taipei this year.

Hong Kong has already decided to return to the mainland in 1997, and the Kuomintang-Kuomintang mouthpieces like "Commercial Daily" funded by the He family are preparing to suspend publication, unless Huang Xizhao and Zhou Liang Shuyi are caught in the door~www.readwn. com~ Otherwise, I would naturally not agree.

From Taiwan's point of view, Asia Satellite TV and the "God of Wealth" Mr. Lee behind him seem to be gradually showing a tendency to be bought by the Communist Party. And Li Xuan, who has been "the richest man in the world" for consecutive years, not only has a wide reputation in the world, but also has a huge influence in the global Chinese.

According to a questionnaire survey conducted by many Chinese newspapers and magazines in the United States, it was found that Li Xuan had already surpassed Bruce Lee and became a new iconic figure representing Chinese Americans in the hearts of Americans! The Taiwan side naturally does not want such an important person to be given the United Front by the mainland.

At that time, the Taiwan side's strategy for Li Xuan was not just to please and accommodate him, but to prepare for pulling and fighting. Li Xuan has major investments in Taiwan, and it is necessary to let him know that these businesses can only be unimpeded by the protection of the Taiwan authorities.

But this kind of suppression should not be too excessive and obvious. If Li Xuan directly tears his face, it will not be worth the loss. It happened that Dongfang Semiconductor and UMC were negotiating for a shareholding, so the relevant parties put pressure on UMC to delay the negotiation process.

On the other hand, Taiwan-Taiwan TV, the largest state-run TV station in Taiwan, sent a high-level delegation headed by the TV station director to Hong Kong to conduct business exchanges with Asia Satellite TV. (To be continued..)