And I heard that IB also seems to be preparing to cooperate with Toshiba Corporation in Japan to jointly invest in the TFT LCD panel industry. {We don't write novels, we're just online text porters – I'm going to find an opportunity to sell our CVD equipment to them!"} Lin said with a smile. In fact, the cost paid by the Oriental Research Institute for the development of LCD CVD equipment has allowed Lam Research to basically protect its capital. Orders from other companies, such as Sharp, are pure earnings for Lam. Make a big profit with the real yàn sex technology that is ready to be eliminated, and this purchase is really cost-effective.

"So the secrecy must be done well, if the Japanese know that you are already developing more perfect replacement equipment, they will definitely not be willing to be slaughtered! Sharp is still confused, and the yield rate of 10% is indeed too maddening. Before they figure out the situation, you will have to quote all over the world!" Li Xuan took a sip of the bitter gourd tea that the Filipino maid had made for him, and said with a smile, he has been a little angry these days.

"Mr. Li, I came here this time mainly to report to you the plan to acquire AAT! AAT's deep accumulation in the fields of CVD, plasma injection, wafer preparation, etc., just complements our Lam!

Since AAT's stock price peaked at $42 per share in January this year, it has been declining throughout the first half of the year, and now the stock price has fallen back to just $25 per share!

I made a takeover offer to AAAT at $28 per share, but the other party rejected it! Not long ago, I raised the price to $30 per share, and this time the position of AAT's management and board of directors seems to be loosening, although they still rejected our offer, but they have already said that they can sit down and talk!" Lin Jieping first briefly introduced the purpose of his visit to Hong Kong, in fact, he had already sent the relevant acquisition report to the group headquarters in Hong Kong a few days ago.

The full English name of Applied Materials is "A" is the abbreviation of the company. Li Xuan was naturally familiar with this company, so as early as the beginning of seeing Lin Jieping's acquisition plan, he had already agreed to Lam's merger and acquisition in his heart.

The huge syndicated loan brought about by the annexation of RCA has been fully repaid by the Oriental Group, and the group now has a very strong cash flow. Applied Materials' current total market capitalization is only $330 million, which is a piece of cake for Li Xuan, and the Eastern Group is fully capable of easily pocketing the other party.

In fact, the scale of the semiconductor equipment market is not large, such as Applied Materials, the total amount of last year was only 140 million US dollars. Even after twenty or thirty years, it swelled to about $40 billion. This is still the sum of the market size of nearly 100 kinds of equipment, compared with the market of hundreds of billions of dollars such as LCD, computers, and mobile phones.

However, semiconductor equipment can be said to be the most upstream of the entire semiconductor industry, and it greatly affects the development of the entire downstream industry. If there is no progress in semiconductor equipment technology, it is naturally impossible to have a leap in the performance of various chips, and it is impossible to realize the upgrading of electronic consumer goods such as computers and mobile phones.

What's more, although the size of the semiconductor equipment market is not large, the profit margin is very high. You must know that the future of Applied Materials and Lam Research can squeeze into the top 20 in the list of highly profitable technology companies in the United States.

"Since the AAT side is willing to let go, even if you boldly raise the offer, as long as the total offer is within 500 million US dollars, I will not object!" Li Xuan said bluntly.

This made Lin Jieping a little stunned, he didn't expect his boss to be so decisive. When Applied Materials' stock price rose at the beginning of the year, its total market capitalization was only $530 million. He estimated that the purchase price had been raised to $33 per share, enough to make AAT's shareholders capitulate. At that price, the total cost of the acquisition is less than $450 million. In other words, he didn't bother to say anything, his boss had already agreed to his plan! )()