Chapter 224 IDCC Patents
A brand like Apple is really TM bull, and it can attract so many people to buy it without advertising. New brands like Guoke have to find ways to attract the public's attention. In addition to the operator's recommendation, Zhou Shi and they only have to advertise. And there is almost no chance to cheat in this advertisement, so Ronaldo is okay, cheaper, but he also signed an additional reward for winning the Golden Globe Award. But thinking that after Ronaldo arrived at Real Madrid, his influence increased greatly, and he should still have made a lot of money. After all, their contract was signed for three years.
"Our one-step plan is almost ready, when will it start?" Sending Li Yinan away, Williams asked Zhou Shi
"How many shares do we have in them?" Zhou Shi
"Less than twenty percent?" Williams
"Can you buy it directly?" Zhou Shi
"It's still a bit difficult for the time being. "Williams
"Let's go to the board of directors first, whether it's a merger or an acquisition, we always have to communicate with them. "Zhou Shi
In 2010, InterDigital owned more than 18% of CDMA core patents, 15% of Qualcomm, and 17% of Nokia. In 2012, it owned 24 percent of 4G core patents, and by August 2015, the group had 437 4G core patents, much more than Qualcomm's 350. And its total revenue in fiscal year 2015 was $441.4 million, and the revenue from selling technical solutions was only $9 million, and the rest was all patent income. Although it has a few hundred engineers, it is still a typical patent troll company. Nortel's patents are already half in hand, and with InterDigital's patents, you can basically do without Qualcomm.
In the 90s of the last century, Qualcomm was able to commercialize CDMA thanks to a patent settlement with InterDigital. Overall, InterDigital (IDCC) is a loser, a pioneer in wireless mobility with technology but no market and no capital, and now it is a success, whether it is the second or third or fourth generation GSM/CDMA, CDMA/TD-SCDMA/CDMA2000, they are based on many IDCC patented technologies.
It's a small, unknown company with a market capitalization of only around $800 million. Zhou Shi: They also found out about it through a lot of market research and patent analysis. It is also because of the windfall profits on subprime mortgages and crude oil futures, as well as the funds received from China, that there is abundant capital to carry out acquisitions. At this time, the funds controlled by Galaxy Capital and Suzaku Fund are about to exceed 8 billion US dollars, although it has no effect on large companies, it can still beat many small companies. Zhou Shi's plan is very clear, if you want to develop mobile phones, you must have a patent, and now there is Qualcomm protection, there is no problem, but the shell cannot always be attached to Qualcomm, and the limited development of Xiaomi in the previous life is very revealing.
Zhou Shi did not dwell on these things, he set goals, and the White Tiger Fund was responsible for achieving them. Bear Stearns announced a $1.9 billion write-down of assets a few days ago, and the stock price fell again. Unease is spreading on Wall Street, Galaxy Capital's company talent has been replenished a lot, and the White Tiger Fund will also be overcrowded. Although no one knows the details of Suzaku's huge profits, there are many rumors left, fortunately, Bear Stearns is about to finish, and Lu He is also trying to find someone from within Bear Stearns to clear some more sensitive transaction records. There is almost no special cleanness in financial speculation, especially like Zhou Shi, who is crazy about shorting, and if there is no problem under the SEC investigation, it will become a problem. What's more, planning ahead has always been his good character.
Just when Zhou Shi and the others were planning to enter the IDCC board of directors, Lu Peining contacted Lu He again. Zhou Shi also put down what he was doing and came to Wall Street.
"I didn't expect them to come over anyway. "Zhou Shi
"This can be regarded as uniting all the forces that can be united!" Lu He
"Do you think we should support Okukanhai?" Zhou Shi
"Except for them, no one else has contacted us?" Lu He
When Zhou Shi heard this, he was also embarrassed, this is indeed a big problem. Neither Sillary nor McCaine have ever contacted Zhou Shi and Lu He, perhaps because they don't look down on their strength!
"Even if we don't have a choice, we can't join a candidate who has no hope, we still have to see how the team of Oguanhai is. "Zhou Shi
"Well, I'll take a look and get to the bottom of it. "Lu He
"But the matter of Twitter also needs to be prepared, without this sharp weapon, our deterrent power is half small. "Zhou Shi
"Lehman is in a catastrophe this time, I heard that they have also increased their investment in the subprime mortgage market, and they want to buy the bottom. "Lu He
"Let them be, and if you don't die, you won't die." Zhou Shi had been mentally prepared for a long time, and he didn't make a fuss. It is precisely because of their current actions that other investment banks in the subprime mortgage crisis were bought with the support of the Federal Reserve or the Treasury, and only Lehman went bankrupt. It was also this bankruptcy that broke Wall Street's convention of being too big to fail, and warned them of their frenzied speculation.
Next, Lu He also met with Lu Peining, and then was invited to have lunch with Ao Guanhai. Zhou Shi did not participate in their communication, after all, this is the biggest political activity in the United States, I don't know how many people are staring, and it is not a good thing for a Chinese person to be involved.
Lu He was busy communicating, and Zhou Shi temporarily took his place of authority, and in the middle of this, he swiped another crude oil futures, traded some options, earned hundreds of millions, and paid off some arrears, such as those owed to Twitter and Lehman Brothers. Hong Kong's Four Elephants Fund has also made a lot of profits, and the stock prices of the Hang Seng Index and HSBC have fallen sharply.
"Simon, there are a lot of big organizations asking us if we can accept new funding. Anthony, a white elite found by Lu He on Wall Street, has worked in Citigroup, Merrill Lynch and other institutions for more than ten years, has rich management experience, and helped them establish the company's management system.
"What are the institutions?"
"There are UBS, HSBC, Citi......" Anthony
"Wait...... Why do these companies sound so familiar to me?" Zhou Shi
"Most of them are companies that we work with. "Anthony
"Is there cooperation? means they know our profitability?"
"Well, so to speak. "Anthony
MMP's, it's still so unsafe. What customer information is confidential is nonsense. Enough benefits can make these high-ranking bankers let go of all their discipline.
"Do we have the ability? How much money can we control," Zhou Shi said
"No problem, we have a lot of good talent now and we are good enough to take on the next challenges. "Anthony
"Then let's do it, we have a new hedge fund that can be terminated at any time, and the size of the fund should not be very large, so try the water first. "Zhou Shi
"How big is that?" Anthony
"A billion dollars, forget it if you can't make it up. And our fees should be in accordance with the industry's first-grade standards, and they don't accept it. Zhou Shi was still unhappy.
(End of chapter)