Chapter 428 Puppet Equity Agreement
Chapter 428 Puppet Equity Agreement
"Damn! Every word Zhao Mingjun says is just a harbinger of bad luck..."
"Clearing out inventory? Which company are you talking about? Isn't this just him trying to glorify himself? How dare he criticize others?"
"This is garbage, a product purely for clearing out inventory, and he's even proud of it."
"So what if the chip is damaged? It's still stronger than the Fire Dragon, and it consumes less power..."
Honor's confidence does indeed come from Transsion.
The TaiShan 920s is a six-core version of the TaiShan 920. Based on the yield rate on the production line, some versions have removed two large cores to reduce peak power consumption, but single-core performance is retained.
The overall benchmark score is around 7, which is significantly higher than the Snapdragon 801, but its heat dissipation is far behind Qualcomm's.
The original intention of choosing this packaging method for the chip was for use by Honor.
A 7-series chip disguised as a 9-series chip.
This is the under-display fingerprint module used in the Honor 8. This is the charm of self-developed and self-produced technology: large-scale shipments reduce R&D costs.
…………
As the press conference draws closer, more and more information is circulating online.
This press conference seems to be announcing the death of rice!
After all, Honor only needs to find two old men to buy whatever it wants, while Xiaomi has to source phones globally.
Every task requires people, and every task requires being subservient to others. DaMi is not a mobile phone manufacturer; DaMi is merely a transporter in the supply chain.
But the procurement business in this industry is not easy; you have to be mindful of their moods.
When Lin Bin pushed the door open and walked in again, he was holding the latest financial report in his hand.
"Mr. Lei, the sales figures for December are out."
This month we sold a total of 168 million mobile phones, of which 78 were in the Indian market and only 90 in the domestic market, and most of them were low-end models.
The high-end Note3 and Mi 6 series sold fewer than 200,000 units in total, with over 50,000 Note3 units being returned.
Lei Jun got angry when he saw the sales figures, and he irritably pushed the documents aside.
He turned to look at the Rice 6 plan beside him.
The number 6 has a very auspicious meaning in China, so the team has paid great attention to this phone!
This will be a game-changer for rice, and a magic machine loved by countless rice fans!
Of course, it's just a PowerPoint presentation right now!
"The debugging of the Fire Dragon 801 is slower than expected. There are problems with the development kit that Qualcomm provided us. Several baseband-related APIs are incompatible with the domestic 4G frequency bands. The engineers at Qualcomm said we need to wait two months."
Moreover, Qualcomm is adamant about its procurement price for the Snapdragon 801 4G, as if they've got us cornered, refusing to lower it no matter what.
Lei Jun was once again agitated, his fingers tapping incessantly on the Mi 6 plan.
"How about switching to MediaTek's MTK6575? This chip also supports 4G and is cheaper."
When it comes to MediaTek, although it once enjoyed a good period thanks to Transsion and its enhanced chips, with the rise of Transsion Semiconductor and HiSilicon Semiconductor, the R&D department has returned to its former state of being ignored.
Although two other manufacturers, OPPO and Vivo, still purchase their chips, their strategy is that the basic version is sufficient and there is no need to spend money to buy better ones.
So they entered a period of stagnation.
Lin Bin shook his head immediately: "No way! The price is cheap, but their performance is too weak. Their benchmark score is less than 4, which is not even as good as the Fire Dragon, let alone their telepathic capabilities."
Moreover, MediaTek's 4G baseband now suffers from severe network dropouts in areas with weak signals. We also tested it, and there was no signal at all in the underground parking garage.
Our engineers said that if rice used MediaTek chips, the signal would be like that of fruit, and users would definitely complain to death.
Lei Jun smiled wryly. This won't work, that won't work, so how do I choose?
Finally, he even came up with a wild idea: "How about we develop our own baseband, like..."
But before he could finish speaking, Lin Bin quickly walked over, touched his forehead, and then touched his own!
"You don't have a fever, why are you confused?"
"Old Lei, did you pass by somewhere last night? Were you possessed by something evil?"
Lin Bin was very determined to make this idea, after all, it was a self-developed communication baseband!
A single patent issue could kill them.
After all, there have been rumors that Apple is developing its own baseband chip, but it has been several years and there has been no progress.
Currently, DaMi doesn't even have a team. If it were like Lenovo, that would be fine, but if it were truly self-developed, building a team from scratch, buying IP and doing tape-out... it would take at least 10 years...
In 10 years, 5G will be here.
Just then, Zhou Shouzi walked in again. When he saw Lin Bing, he instinctively wanted to leave and come back to report later.
Lin Bin also noticed something was off. He glanced at Lei Jun, whose eyes were also somewhat evasive. This made Lin Bin jump instantly, realizing that the camaraderie between the two was no longer pure!
"Wait! Come in, Lao Zhou. Lao Lin can also take a look at this matter."
Lin Bin watched the two of them talking in cryptic terms and was a little confused. What was going on?
Only after receiving Lei Jun's permission did Zhou Shouzi approach the two men.
"We've got more news from Silver Lake!"
Lin Bin took the document and glanced at it briefly. It seemed to be about a new investor, one that had only been established recently.
But the valuation of rice is as high as $120 billion, which is $50 billion higher than the valuation in the last round of financing. This is no small amount!
Most importantly, they insisted on taking 40% of the shares.
Lin Bing originally wanted Lei Jun to refuse outright, since with the founding team of DaMi and Lei Jun's funds, the company's shares in DaMi were only 53%, which was no longer enough to achieve absolute control.
If another 40% is taken away, then the rice is just a laborer.
But when you think about the PPT presentations for car manufacturing, smart homes, and the combined elements of mobile phones...
A valuation of $120 billion is something they simply cannot refuse.
"Have you thoroughly investigated this company's background?"
Shouzi Chew shook his head!
This is also one of Lei Jun's biggest concerns. He couldn't find out the details, but it can be inferred that Qualcomm is involved.
"It must be the American consortium, since they require that rice use Qualcomm chips in overseas markets, while in the domestic market, it can use a combination of Qualcomm and MediaTek. There is no third option."
This is the bottom line for this valuation!
"Why are only these two chips allowed in the domestic market? They're afraid Transsion will grow too big in China!"
Zhou Shouzi nodded with some difficulty: "It should be."
Currently, most domestic manufacturers have cooperation with Transsion, but the extent varies.
Moreover, as the international media and Huawei's influence grow stronger, a direct ban is not feasible, so they can only resort to this approach to cultivate new spokespeople.
But the prerequisite for endorsements is that they must obtain absolute controlling stake!
"This is a contract of servitude!"
Lei Jun sighed again; he really couldn't make this decision! Once he did, then…
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