San Francisco, Skoober's headquarters is not near the popular Stanford University, but on the other side of the bay, the city of Milpitas, bordering San Holland to the northwest, which is already a suburb of Silicon Valley.

The geographical location seems to hint at the semiconductor company's awkward position.

Founded in 1988, Scober describes itself as a semiconductor company, or more accurately, a semiconductor design company, and it is clear that such a start-up cannot have a single new chip production capacity, and can only be OEM by its early investor, Texas Instruments.

In the early days, Scooper's development direction was picture decoding chips, and it was not until 1991 that the first video decoding chip was introduced.

However, despite the novelty of the technology, Scooper has not been able to find the exact application direction for its own products, and over the years, Scooper has tried to apply its own chips to televisions, game consoles, printers, etc., without success.

Even the VCD launched by Wan Yan two years ago did not let Scooper see the bright light, VCD sales in China in the past year of less than 20,000 units also proved this, in the broad-minded Silicon Valley, Scooper's management can see that VCD is really not competitive compared to DVD.

Last year's IPO was a last ditch effort for Scooper, and several investors such as Sequoia Capital spent money for so many years to take advantage of the new wave of technology to cash out and return to their capital, otherwise several major shareholders would not have quietly cashed out more than 10% of the shares in the past year, and continued to sell when the stock suddenly rose sharply recently, which eventually led to Chen Qing's team absorbing up to 21% of corporate shares in the short term.

According to Scober's board of directors and management, after the IPO funds are spent, if the company has not found its proper position, then there is basically nothing to do.

There are many failures like Silicon Valley, but it's not too disappointing.

All this until the sudden showdown of a certain Oriental girl.

The Westeros system capital background alone has already made Sequoia Capital and other major shareholders make up their minds to cooperate, and Chen Qing's team's plan to create a VCD industry in China, as well as the threat of cooperating with other manufacturers with the funds and solutions in their hands once they are rejected, made them completely compromise.

After all, even though the rapid growth of China's VCD shipments in the first quarter is exciting, after all, there is a mountain of DVD ahead, and no one dares to guarantee that once Sony and other manufacturers officially launch DVD players, VCDs will not be eliminated in the blink of an eye.

Moreover, when making the final decision, Scomber's two major shareholders, Sequoia Capital and Texas Instruments, have their own considerations.

Sequoia Capital is a venture capital firm, although it does not mind holding shares of a company for a long time, but according to the operating rules of venture capital, timely cashing out for investors to achieve stable income and develop the next batch of business is their top priority, which is why Sequoia Capital was an early investor in many technology giants such as Apple and Oracle, but later did not rank among the major shareholders of these companies.

As a venture capital company, the most important thing is to control risk, because their investment targets are not only successful cases such as Apple and Oracle, but also a large number of failed investments that eventually failed.

Doing so may cause them to miss out on some super dark horses with hundreds of times or thousands of times the ultimate return, but in fact, it also avoids more loss.

As for Texas Instruments, affected by the rapid development of the mobile communications industry and the new wave of technology, Texas Instruments' revenue in the past fiscal year exceeded $13 billion, and the current market value is as high as more than $20 billion. Therefore, the truly world-class semiconductor giant will not care too much about a small company like Scrooper that has just surpassed $20 million in annual revenue.

Moreover, Chen Qing's team also used other connections in the Westeros system to lobby Texas Instruments' senior management, which was actually a matter of phone calls. You know, Texas Instruments is the main supplier of Nokia's mobile phone baseband chips, and as Nokia has become the world's largest mobile phone manufacturer, the importance of this customer to Texas Instruments is self-evident.

Things were finally settled.

Just by transferring half of the remaining 33% of the shares, Sequoia Capital has recovered all its previous investment in Scooper and achieved considerable profits, and the remaining half of the shares are enough for Sequoia Capital to enjoy the rich dividends once Chen Qing's team's plan is successful.

While Texas Instruments cashed out to make a profit, it also put forward its own requirements.

All future chip orders from Scober must be exclusively foundry at Texas Instruments' semiconductor fab.

Since TSMC created the foundry model and become more and more successful, many established semiconductor manufacturers have found business opportunities and opened up related businesses, and with the rapid expansion of the foundry market, they have paid more and more attention.

Scober's current order book is dispensable for Texas Instruments.

However, if Chen Qing's team's plan can really succeed, just Scooper's chip foundry order will be a very considerable income.

The agreement of the two major shareholders, combined with the 21% stake already held by Chen's team, leaves no room for resistance from the other shareholders and Scooper's management.

The final plan was approved by Simon, and at 9 o'clock in the morning, Chen Qing's team and the shareholder representatives officially signed the share transfer agreement at the Scober headquarters in Milpitas, as well as the new personnel appointment.

Chen Qing was very smart not to take over the company personally, but to let Emmanuel Brandt, a team member who had just been recruited some time ago, replace Don Valentine as the chairman of Scober, and control the overall situation on the surface, and at the same time did not remove Bill Omera, the CEO of Scober, who was responsible for the specific operation of the company.

The contract was finalized, and the parties held a small press conference together in Scoper's humble two-story office building, and then the relevant press release appeared on the Eagle portal for the first time.

Scober's recent share price surge has attracted a lot of attention.

With the announcement of the news, the capital market quickly reacted, and another 'Westeros concept stock' was born.

There is no shortage of blind side in the capital market.

Although the public press release only revealed very little information about Scober's follow-up business plan, and the core of the main rendering was also just a gimmick of "Westeros concept stocks", and with Scooper's market capitalization exceeding $200 million at the close of trading last Friday, the company's price-to-earnings ratio was close to the bubble level of 80 times, many investors still couldn't help but start subconsciously buying.

Today, Monday, April 24th.

The release for the Eagle Portal was released around 10 a.m. West Coast time, and it was 1 p.m. on the East Coast, three hours before closing.

However, in just three hours, as a new technology company that has attracted market attention and has been disclosed as a new 'Westeros concept stock', Scober's originally relatively flat stock price has directly walked out of a rather steep upward curve, at 4 o'clock in the afternoon, the North American stock market closed, Scober's stock price rose 43% in a single day, compared with the market value of $206 million at the opening of the morning, the closing market value has been as high as $293 million.

It can be said that basically just three hours before the close, the paper profit of Scottber shareholders on their shares was as high as $97 million.

Both the original shareholders and the management of Scooper were completely speechless in the face of the frenzied reaction of the market.

Not counting the $20 million five-year loan from Citibank through the Westeros system, Chen Qing's team invested a total of about $94 million to acquire a 53% stake in Scooper. When the East Coast stock market closed on Monday, the total book value of the shares had reached $156 million.

After three busy weeks, the book profit was $62 million.

It can be seen why the financial industry has become a pillar industry in the United States, and why so many elites around the world are flocking to Wall Street.

After completing a series of handovers, Chen Qing did not bask in the success she had just achieved.

The girl understands that everything is just beginning.

After the representatives of the other shareholders left, Chen Qing immediately called the management of Scober and began a one-day meeting, and the members of Chen Qing's team who did not attend the meeting were not idle, and began to conduct a further detailed review of the company's financial files, technical information and employee resumes.

Even, a recruitment information that has been drawn up in advance involving various technical positions was directly hung on the 58list platform of Igrete this morning.

Because the detailed plan has already been finalized.

In the future, Scober will immediately cease all other non-core businesses and will not renew the contract after the original order has been completed. While continuing to increase the research and development of video decoding chips applied to VCD, Scooper will also start the development of a full set of VCD technology solutions, which is actually repeating what Wanyan did at the beginning, but it is also a further upgrade on the basis of Wanyan's already formed technology.

The key to Chen Qing's team's insistence on acquiring Scober, rather than cooperating with other manufacturers to develop another VCD video decoding chip at a lower cost, is this.

In the end, it's still a time to buy.

If the product developed by Wanyan is VCD-1.0, Chen Qing's team plans to use one year to develop a new set of VCD-2.0 standards in VCD-1.0 technology.

This is also the plan that Simon gave to Chen Qing's team based on the idea of super VCD in his memory.

The capacity of VCD discs has been stuck, and it is destined to be impossible to surpass DVDs.

However, compared with Wanyan's original products, the VCD player itself still has too much to improve.

Taking advantage of the year before the outbreak of China's VCD industry, Scooper completely threw off other possible competitors through the accumulation of technology and patents in advance. At that time, even Sony, Philips, and other old electronics giants with deeper technical background can only lag behind step by step.

The difference in product technology between generations makes it impossible to catch up in the short term.

As for the longer term.

The golden age of VCD is only about 5 years.

Simon is also happy that Sony and other manufacturers invest a lot of manpower and material resources to do this, and this result is destined to be an empty and futile catch-up.

All in all, Scober will use the next year to transform from a pure semiconductor design company to a comprehensive product technology supplier that provides VCD core components and a full set of solutions for downstream manufacturers, and will inevitably be a monopoly supplier with all-round advantages in technology and cost.

At that time, China's VCD companies only need to purchase a full set of core components and solutions from Scober, and they can easily assemble products and put them on the market.

For Scopber, as long as the product pricing is well controlled, and the downstream manufacturers are not excessively squeezed to cause other competitors to take advantage of the situation, then China's VCD market will be largely the world of the Scrooper family.

This is completely different from the fierce competition in the DVD field.

Because of the success of the videotape industry, all the big-name electronics manufacturers in the East and the West have seen the broad market prospects contained in DVD, so they have spared no effort to invest in research and development over the years, because there are too many manufacturers involved, resulting in very confusing technical standards, and the distribution of patents is also quite scattered, no one has a full set of technical strength, and no one is willing to make compromises easily. If it weren't for these disputes, it would have been at least three or five years before the mature DVD player could have been launched before 1995, instead of barely reaching the technical standards until now.

In comparison, VCD and DVD are actually equivalent to open-source Linux and closed-source Windows.

Because Wanyan failed to apply for a complete VCD technology patent, the current VCD is equivalent to a free and open-source software that many manufacturers can intervene in. Although it is not as advanced as closed-source DVDs, it is much less bound by patents, and as long as they are willing to do it, relevant manufacturers can develop products and promote them at the lowest cost.

And just because open source doesn't mean you can't have a monopoly.

Just like Simon's memory of Google's Android system, although it is based on the free and open source Linux system, it is still owned by Google, and others must obtain Google's consent if they want to use it. Not only that, but after Google developed an increasingly mature Android based on Linux, it became very difficult for other competitors to make similar products.

Because the technology gap is too far, and the market has been encroached upon by Android.

Now, that's what Scober wants to achieve.

In Simon's view, this aspect is also a bit similar to the 2G and 3G standards of mobile communication at this stage.

With the popularization of digital communication technology, at this stage, major communication manufacturers around the world are fiercely competing for various patents of 2G technology, but they do not know that there is a company named Qualcomm that has built an indestructible technical barrier on the 3G standard.

Qualcomm's 3G is certainly not impossible to bypass.

It's just that when it comes to industrial upgrading, there is already such a set of extremely mature technical standards, and relevant companies can only use Qualcomm's technology in order to save costs or gain time.

Thus, there is the Qualcomm tax.

If there are companies that do not believe in evil, they have to develop a set of standards to bypass Qualcomm, not to mention whether they can succeed in the end, even if they really succeed, they may not be popularized, and other companies that have reaped the benefits in the field of 3G have been rushing to the next generation of 4G. Those who want to find another way can only be eliminated.

Qualcomm is ahead of everyone, building its own toll booths on the road that other companies must pass through, blocking the road to collect money. Scooper, on the other hand, quietly fell behind others, encircled the veins that others couldn't see, and just excavated. Of course, others can also go back and dig up, and then find that the most abundant ore veins have been occupied, and they can only get a little scraps.

Qualcomm licenses its own 3G standard to everyone and then collects Qualcomm taxes.

It can also sell chips by the way.

In the future, Scopber will license its VCD solutions to VCD manufacturers, and the fees charged can probably be called Scotber tax.

It is also able to sell core components.

It's the same, but it's the same way.

In the business field, in the final analysis, there are actually so many core routines. Even if there is innovation, it will never deviate. As long as you see through and work hard to execute, maybe add some luck, and there will be one more excellent businessman in this world.