The management stood on the side of Galaxy Capital, and the matter of taking a stake in ATL was basically done. Not in the mood to pay attention to the intrigue in this, Zhou Shi flew to the magic capital. As the owner of Spreadtrum in his pocket, the necessary pacification work still needs to be done. Then there will be the arrival of the head of the nut and tomato phone. Nothing is more uplifting than an order.

Zhou Shi's arrival did not make a big move, and he did not even notify the staff of Spreadtrum in advance. When I arrived in Shanghai, I made a phone call to Li Yinan, and asked the staff of Time Friends in Shanghai to drive to the downstairs of Spreadtrum Communications.

The total cost of Zhoushi's acquisition of Spreadtrum exceeded $400 million, which many considered not worth it. Because they see that the market price is not worth 200 million, and doubling the premium is a bit of a big deal. What's more, the former CEO Wu Ping acquired the American RF chip company QUORUM at a price of $70 million, which is somewhat unclear. Most investors vote with their feet, and co-founder Chen Datong has become the capital representative of Polaris, which is also a major reason why Zhou Shi successfully acquired Spreadtrum.

The current CEOs, Li Liyou and Wu Ping, are both from Broadcom, and it is his top priority to quickly rectify the company's management. In the future, Spreadtrum will expand rapidly, and the number of high-quality researchers will reach at least 1,000.

"But Mr. Zhou, what about our business, SMIC's quality is not up to standard, many of our products are returned by customers, and the cooperation with other chip foundries has not progressed for the time being. Blindly increasing investment is not a good idea. Li Liyou persuaded

"I'm glad you can see the problem, but our plan is more important, don't worry about the OEM company, it's just a lot of money and less money, and the business doesn't need to be in a hurry, and our two mobile phone companies will have a large number of orders soon." The important thing is that we have to produce high-quality and low-cost 2G, is there a problem with 3G chips, and is there a problem with developing high-integration mobile phone chips?"

"No problem!" Li Liyou said through some gritted teeth

Zhou Shi turned his head to look at Li Yinan, hoping to get his assurance.

"Don't look at me, I've just been here for a short time, and I'm not familiar with it yet, but their R&D team is at a good level!" Li Yinan

"Let's incorporate those small teams as well, so that we can adjust and compete with each other to see whose team is better and who has the better ability to lead the team. "Zhou Shi

During the period when Li Yinan did not appear on the camera, he still did some things, such as acquiring some semiconductor design teams. Places like UTStarcom, Datang Telecom and the like poach people, etc., Li Yinan has left a bad reputation in the industry during this time. The acquisition of Spreadtrum has made him the face of idiots in the field of high-tech investment. If you spend too much money in a company that has no potential, it is better to re-establish a company by yourself, or you can burn out such a team.

Zhou Shi didn't care about such remarks, and Li Yinan, who was more proud, couldn't stand it. Zhou Shi had already rejected all requests for interviews before he came. This guy is also stupid, the acquisition of a company is not only based on market value, but also on its importance, in the previous life, the original value of Nortel Network's patents was only about $1 billion, and then it was coaxed by several Internet giants, and the final transaction price exceeded $4 billion, not to mention, $100 million to acquire Spreadtrum, who of their shareholders would agree to the transfer. Spreadtrum's stock price is low because of Wu Ping's acquisition, which makes everyone not optimistic about the future of Spreadtrum, coupled with the subprime mortgage crisis, so it is also cool. But Spreadtrum's net assets, such as patent value, don't add up to $100 million.

After the acquisition, Spreadtrum's existing business declined further, and for a chaotic company, strengthening management to build confidence and removing garbage and laying off employees was the best choice, and Zhou Shi also asked Li Liyou to do the same. The original founder team is out of the game, and he, who has not been here for a long time, can also show his talents, to be honest, Li Liyou is not the most suitable manager, and I don't know if he can meet Zhou Shi's requirements for future development. After meeting the middle and senior management of Spreadtrum, and the person in charge of nuts and tomatoes, Zhou Shi came to the Bund.

Knowing that Zhou Shi had arrived in the magic capital, Fuxing Guo Guangchang specially invited him to dinner. Zhou Shi chose a place, No. 18 on the Bund. Eat and eat, he can talk about things when you want to eat again. It's not a good place to talk about business if you want to come to a place like the Eighteenth.

After enjoying the beautiful scenery of the Bund, it can barely be said that the scenery is beautiful, Zhou Shi does not have much good impression of this place. As a senior landlord in the magic capital, and a generation that got rich first, Fuxing is much more proficient in eating, drinking, and having fun than Zhou Shi who got rich. In order to avoid following their rhythm and falling into passivity, those who can refuse will still firmly refuse.

Sure enough, this dinner didn't talk about work, everyone talked nonsense, but their different life experiences made them all extremely embarrassed, and they couldn't talk together, and everyone didn't talk about the past, how could they have so much effort to remember the bittersweet ones.

The next day, they came to a mountain resort for a relaxing vacation, and talked about business in this quiet place. Getting down to business about AIA.

"Simon, is AIG really going bankrupt?"

"Bankruptcy? I didn't say anything like that, I mean possible, and there are a lot of prerequisites. "Zhou Shi

"I mean, AIG's situation is really that bad?" Guo Guangchang

"Lehman's COO was fired, you know. "Zhou Shi

"Yes! I followed the news. "Guo

"In three months or so, if no one rescues him, Lehman will go bankrupt!"

"Lehman is bankrupt! Bear Stearns is not bankrupt!" Guo

"I bragged to the Li family in Xiangjiang, saying that if Lehman went bankrupt, something must be done. Otherwise, Galaxy Capital will be looked down upon. "Zhou Shi

“...... Let's talk about AIG. "Guo

"As I said, AIG is similar to Lehman, both in September this year, and without external help, bankruptcy seems to be a foregone conclusion. However, AIG is not Lehman after all, and he is much more important. "Zhou Shi

"What if we want to take a stake in AIA?"

"First of all, AIA has to be a company with independent legal personality, we want AIA and not AIG, and the relationship between them must be separated. "Zhou Shi

Of course, Guo Guangchang knew this, and this was also the reason why Zhou Shi did not give a direct answer when he said it for the first time. AIA is only a subsidiary of AIG and does not even have a holding company. If you want to buy shares and want to acquire, you have to talk directly with AIG, but who is him? Guo Guangchang's overseas power is now almost zero, but there are not many effective channels.

"I know that, but how do we pass on to them the willingness to cooperate in negotiations?"

"Call!" Zhou Shi simply said, as an influential person in Silicon Valley, Zhou Shi still knows some senior executives of AIG, after all, there are many social activities in Silicon Valley, and he is also qualified for such treatment with his status.

Calling, what a simple thing, but not everyone can do it.

(End of chapter)