"No, you misunderstood!" Lin Qi shook his head and said, "After the equity delivery of the new venture Japanese branch is completed, I can authorize your company to produce XRM16 chips, but only for authorized production, you must support patent fees." In addition to that, modifying the chip architecture, which is absolutely not allowed!"

There is no problem with licensing the production of XRM-based chips, but giving the other party the right to modify the chip architecture is a problem for raising tigers. For example, Intel authorized AMD and other companies to use the x86 architecture because it avoided antitrust suspicions, and as a result, it developed a strong competitor.

The most important thing is ...... At the beginning, it can use the market customer resource advantage of the XRM architecture, and in the later stage, it can even borrow chickens and eggs, which is gradually incompatible with the original architecture and take away the customer market that originally belonged to XRM. This is not impossible, the later generation of Google's Android system, at the beginning of the free and open source operating system based on Linux, but later it became more and more closed, gradually with Linux has a huge difference, and finally, with the Linux system ecology parted ways, and the scale of Android users even far exceeded its early borrowing Linux system.

Later ARM companies did not set up production factories, specializing in CPU architecture research and development, and obtained profits through technology licensing, and chip factories could even modify the architecture themselves after purchasing the license. With such a big self-confidence, the ARM ecosystem is already very large, even if a company of the level of Apple and Huawei has obtained the ARM chip production authorization, and has also modified and optimized, but it is only a difference in details, in general, these manufacturers produce ARM chips. After ARM has upgraded its technology, for the sake of compatibility, these companies have to continue to purchase the technology license of the new architecture, and conduct research and development on the basis of the new architecture, and it is impossible to develop a chip that is not compatible with other competitors on the basis of the old architecture.

At present, the new venture electronics company should not lose to any international giant in research and development, but the key manufacturing process, but because the import of equipment is restricted, the process level is 2.5 generations behind the international advanced level.

In this case, once the technology is shared with others, the international adversary can use it as a basis to develop a next-generation chip compatible with XRM16 after obtaining the technology license, so that the other party can completely abandon the XRM architecture and gain the technical dominance of the architecture. At the same time, it will also steal a large number of customers and market share from the XRM camp, further damaging the strength of the entire technology camp.

Although you don't get the most wanted, it's better to get production authorization than nothing.

Kentaro Ichikiyo quickly adjusted his mentality and said: "500 million US dollars, in the next 12 months, as long as your company can come up with 500 million US dollars, then 50% of the equity of the new venture Japanese branch can be transferred 100%, leaving no hidden dangers......"

This price is, of course, sky-high, 8 times relative to net assets. According to the calculation that Ricoh actually provided 5 million US dollars in funds when the company was incorporated, it made a big profit of 100 times in three years. Can you find any more lucrative business in the world?

No!

Such a price can be described as a lion's mouth!

Even if you look in the capital markets around the world, you can rarely find similar companies that can get a valuation of 10 times the price-to-book ratio!

If you are a pure financial investor, you should have rejected this offer a long time ago!

But Lin Qi was silent for a long time and then said: "No problem! 500 million US dollars, the equity delivery will be completed in November this year!"

"Refreshing!" Kentaro Ichikiyo was very happy, because he also knew that the sky-high price of 500 million US dollars, half of the equity of the new Japanese branch was not worth so much. Moreover, it is also mentally prepared to be bargained.

Of course, if you bargain, you won't be able to end the negotiations in a day or two.

Lin Qi was afraid of long nights and dreams, so he directly used this "sky-high price" to redeem the equity of the branch.

The moment the deal was closed, both sides each thought that the other was a problem after IQ. However, ten years later, Lin Qi said that it seemed irrational at the time to get back half of the equity of the Japanese branch at a sky-high price, but now everyone knows how cheap this price is.

……

Many years later, the Japanese media still evaluated Ricoh's sale of the Tokyo branch of Shinseike Electronics as picking up sesame seeds and losing watermelons.

“…… Although the decision of the president of Ichisei, Ricoh has gained short-term benefits, and in the next few months, the stock price has doubled, and in the early 90s, its peak was more than 20 billion US dollars. However, with the rapid growth of new start-ups (Japan) in the future, the business size of the Japanese market alone exceeds 20 billion US dollars, and it has invested in a large number of real estate and small and medium-sized enterprises with incredible growth...... It is true that Ricoh has made nearly $500 million in profits in just a few years of investment, but it has missed out on the subsequent returns of more than $10 billion. Moreover, after getting a large amount of cash, Ricoh did not create rich returns, but squandered it indiscriminately, which laid the groundwork for Ricoh's continued losses later. More than 20 years later, the Sankei Shimbun said of the deal

"Lin Qi, a genius investor, is always picky about his partners. Many partners want to shine his light, but not all of them are lucky enough to share in his growth. Most of the partners who were kicked out were considered ambitious and threatening to his plans. Ricoh tried to become a partner of the new venture electronics, but was kicked out halfway, not because of Ricoh's greed, in fact, during the cooperation, Ricoh as a shareholder was very responsible, basically, only to obtain financial returns, and did not show much ambition. The main reason why such a partner was kicked out is that Ricoh is too large, and if it is a small company, it may be able to continue to hold a part of the equity. But it is a Fortune 500 company. According to Lin's character, if Ricoh does not withdraw, then he will most likely choose to give up his new Japanese branch. The prospect of the Japanese branch of Xinchuang Electronics depends entirely on the parent company's qualification to give it the exclusive ability to bring business in Japan, and without the exclusive agency right, this branch is worthless. Realizing this, Ricoh chose to take $500 million in cash and sell its stake out. Later, another investor, Masayoshi Son, commented. Later, Masayoshi Son was also a partner of the new venture electronics company, and the second largest shareholder of SoftBank Corporation, which he founded, was the Japanese branch of the new venture electronics.

……

"Licensing the production of chips for the XRM architecture, excuse me, at what cost might we get the license?"

"The patent fee for each chip is $5!" Lin Qi said, "and the chips produced by your company must be the same as the design drawings and samples we provide, and they are completely compatible." According to our technology, it is not allowed to carry out secondary research and development!"

Kentaro Ichikiyo smiled and said, "No problem, as long as you think it is feasible, we don't need to continue to bargain! However, we have a request, if your company develops a next-generation chip architecture, still adopt a similar model, so that we can obtain a production license!"

The patent fee for a chip is $5, so that Ricoh's RAM16 chip is at least $5 more expensive than the chip of the new venture electronics company. However, Ricoh does not see the problem this way, and 16-bit chips can be sold at a much more expensive price than 8-bit chips.

With the promotion of platforms such as Zhangyu, Pangu, and Phoenix, the XRM-based chips of the new start-up electronics company already have a large number of applications and developers.

In this way, the production of XRM chips does not have to worry about finding a market. For example, the compatible machine of IBM PC gave Ricoh a huge inspiration. Yes, after Ricoh obtained the technology license, it wanted to imitate Intel and provide chips to compatible machine manufacturers.

Now there is no compatible machine in the Pangu host, mainly because, XRM16 chips are produced and sold by themselves, and most of the CPUs are transferred to the whole machine foundry not far away, and these core parts are digested within the Pangu host industry chain, and there will naturally be no CPU supply in the market.

Ricoh has set its sights on this market, and compared to the PC compatible machine market, there are still relatively few competitors, so it is ready to take a profit.

Lin Qi is not afraid of the appearance of compatible machines, after all, the new entrepreneurial department does not make money through the hardware of the Pangu console, but through the fast-growing game software and other application software. If, if someone vigorously promotes a 100% compatible machine, Lin Qi will only welcome it!