Chapter 665: Big Borrowing
Lin Qiangsheng and John Berg agreed that with several companies under his control, three electronic computer companies in the United States, Dongxing Semiconductor, Compaq and Dell, would issue $3 billion in corporate bonds to the US market, and Vanguard Financial Group would issue them on behalf of him.
The issuance of corporate bonds in the United States does not require a company to be listed, and unlike China, the United States has few restrictions on the issuance of corporate bonds. If a company issues bonds in the United States, it must be identified and reviewed in accordance with the laws and regulations of the United States securities regulation.
After the passage of the document, in accordance with the legal basis of the drafting of the document, within the specified time of issuance, the specific procedure is related to the type of bond to be issued, each kind of bond has a corresponding exemption procedure, all meet the requirements can be issued, than China's issuance conditions and procedures are much simpler.
Ms. Lane, the general manager of Johnson & Johnson's finance company, held a press conference to announce the news to many media in the United States, which soon caused a sensation in the American financial market, and the bonds of several companies were very popular!
The earnings performance of these companies is very good, but Lin Qiangsheng has insisted on not going public, which has disappointed the US financial market with several companies, and this time there is finally a chance.
Dongxing Semiconductor's products include microprocessors, microcontrollers, PCB boards, discrete devices and other electronic products, and now the company's economies of scale and profitability have become the top electronic technology enterprises in the United States, and its annual investment scale is also the top batch of technology companies.
Moreover, Dongxing Semiconductor has also jointly mastered the revolutionary production method in the field of electronic production, SMD printing technology.
The production of this process has greatly reduced the waste of resources, improved the utilization rate of products, and made the efficiency of automatic production of circuit boards more than ten times that of the original, and the emergence of this technology has even brought significant changes to the world. In people's eyes, those electronic products are becoming more and more lightweight and miniaturized.
Unlike the previous triode, diode, resistor, capacitor and other electronic components have long solder legs, and there is a certain gap between them and the circuit board. SMD electronic components are attached to the circuit board, which also requires soldering, but saves a lot of space and raw materials.
It is precisely because the size of electronic components has been greatly reduced that small electronic products such as walkmans, computers, LCD TVs, and mobile phones have been created. Tape recorders, radios, and televisions began to grow smaller and thinner, and became lighter and more stylish. That's the benefit of SMD components!
Now this technology patent is in the hands of these two giant companies, and no one can touch them, and one technology is divided into many patents.
Dongxing cooperates with Motorola, almost all electronics manufacturers in the world have to pay patent fees to two companies, and the annual patent fee income alone is as high as more than one billion dollars, and it is still growing steadily and rapidly, which is the benefit of monopoly!
Other electronic technology companies are drooling with envy, and if they master the technology, they will master the key, no matter how they compete. How much profit do they have, as long as they produce electronic equipment, they have to pay royalties.
The revenue of Dongxing Semiconductor and Motorola alone is more than the total annual income of many latecomers, and the placement machine equipment of the two companies also has great profits, and Dongxing Semiconductor has also become a top electronic technology research enterprise!
Compaq and Dell, in recent years, has also developed very rapidly, Lin Johnson completely handed over Compaq to Rod Kenyon, Jimmy Harris and Bill Merton to take care of, the three of them were originally the founders of Compaq, and the Compaq computer led by them in the early stage was also invincible. Although it later declined, the three were no longer in power at that time.
Lin Qiangsheng completely let go of the development of the two companies. No matter how well he does, he may not be as good as the original team.
Dell eventually moved from Silicon Valley to Round Rock, Texas, which really reduced operating costs a lot.
Dell has captured about 25% of the market share of the U.S. personal computer market, and is the first in the industry to adopt the strategy of machine sea, providing customers with a full range of customized models, a variety of configurations, extremely rich. It can definitely provide a configuration suitable for consumers of more age and income, and it does not make consumers feel that the brand sells low-end products, and feels low-grade.
The tactics of the sea of machines also became famous, and were regarded as a classic case of market competition and included in the marketing tutorials of various universities.
Michael Dell, a young young man who took over the position of president of the company, was a hard-working young man. Energetic and full of physical strength, he did not forget to develop his own small company, a small computer brand specializing in high-configuration assembly machines, in the interval between serving as president of Dell.
The company's market share is also further optimistic, Michael Dell's small company is destined to become a supporting role, he reluctantly signed a long-term contract with Lin Johnson, and also focused most of his energy on the development of the personal computer giant.
Two computer giants alone account for half of the market share of personal computers in the United States, and the share of these two brands of computer products in homes and campuses is quite high.
The other half of the market is occupied by giants such as IBM and Apple and many small computer manufacturers, of which IBM is the absolute hegemon, and its relationship with the government and large enterprises is very strong, although Compaq and Dell are gradually encroaching on this market, but it is still not comparable to the decades-old blue giant!
The competition among miscellaneous computer manufacturers is even more intense, such as Lin Johnson's Pentium Computer Company has also become a member of this team, and other Japanese manufacturers such as Sharp Computer, Fujitsu, Toshiba and many American IBMPC clones, as well as Taiwanese computer manufacturers have also participated in it, and there is a four-way melee.
The PC market expanded rapidly in the 80s, and it was during this period that the United States popularized computers and completed the construction of informatization.
Lin Qiangsheng also saw the decline of Pentium Computer Company very openly, and the original positioning of this company was the low-end market. And the new generation of copycat computer companies are surging, each leading the way for three or five years. Writer Merrill Chapman once commented that 20 years after IBM released its first PC, "it can't compete with a company that grew out of a college student dorm room (Dell), it can't compete with a company that started with compatible machines (Compas), and it can't compete with a guy talking to a cow (Gateway)." ”
In fact, compared with Apple and IBMPC, Compaq, Dell, and Gateway are rising stars. The technology is lackluster, including many IBMPC cloning machines on the market, which are actually just a group of copycat companies, but some of them are lucky to become bigger and have a brand effect!
Although IBM's 286 is still dominating the market, Compaq and Dell have become the heroes of the personal computer field. The market appeal of the two companies is unprecedented, the two brands and their business models have always been talked about many times by economists and marketing elites, and in the ivory tower of the university campus, countless young students and many of them regard Lin Qiangsheng and the two companies he created as a model for their own struggle and a blueprint for entrepreneurship!
"Ryan, do you think the $3 billion bond issuance plan can be completed in three months?" Lin Qiangsheng asked his treasurer.
Now Ryan is a mother of two children, married to a lawyer three years ago, and then gave birth to a boy and a girl one after another, and now the two meet without any awkward elements, just like old friends for many years.
Ryan neatly combed his short hair. There was a row of documents and various reports on the desk, she held a pen in one hand and a phone in the other, and when she heard Lin Qiangsheng's words, she nodded and said: "Your three companies have good revenue performance, and the market expectation is very high, 3 billion US dollars for three months, there is no problem!" ”
Lin Qiangsheng gave her a thumbs up and laughed, "Awesome, Ryan." If you can accomplish this task, you will cooperate with John Berg to transfer all the funds to the yen exchange rate! ”
Ryan raised his head and looked at Lin Qiangsheng and said, "No problem." Are you sure the dollar will depreciate? ”
Lin Qiangsheng nodded and said: "Of course, the dollar is about to enter a long period of depreciation, and I don't want my assets to decrease day by day, and I don't want to lose much more than the exchange rate, so it's bad!" ”
For Lin Qiangsheng's various magical predictions, Ryan has never seen a failure. Coupled with the recent movement of US conglomerates lobbying the government, she also vaguely thought that perhaps the dollar was really going to depreciate, and only in this way could the expectations of those business groups be met and the serious trade and fiscal deficits of the United States could be solved!
Lin Qiangsheng suddenly asked kindly: "How about I take you to speculate on the yen, I guarantee that your assets will be doubled in three years, and now the Japanese stock market and real estate market are increasing rapidly." How about we go and earn Japanese money together? ”
Ryan smiled, shook his head and said, "I don't have that much time, I want to take a break to spend time with my two babies, you know that at my age, family has become more important than anything else!" ”
Lin Qiangsheng nodded and said, "Okay, I'll give you a long vacation early next year, how about a month?" ”
Ryan shook his head, held out three fingers to him, and said, "At least three months!" ”
Lin Qiangsheng thought about it, and three months was nothing, so he said: "Okay, I'll pay for all the expenses of the holiday, and have fun with the children!" ”
Ryan smiled, and soon she gave an eviction order and drove Lin Qiangsheng out.
"Hey, I'm free to call you to your lawyer husband, let's have a meal together, I'm in for a treat!" When he walked to the door, Lin Qiangsheng turned his head to Ryan and said.
Ryan knew Lin Qiangsheng's character, he would never see her husband if there was nothing to do, she asked suspiciously, "Do you have anything to do with Harry?" ”
Lin Qiangsheng pursed the corners of his mouth and said to Ryan: "You know, I bought the American automobile company, and the new chairman Pierre Samorina proposed to me a large-scale layoff, which requires negotiation with the union and a lawsuit, which is very troublesome!" ”
Ryan's husband, Harry, comes from a family of lawyers, and although he is not a barrister, his father and his father's father are barristers, but he himself is keen on politics.
Ryan shook his head and said, "Don't get your hopes up too much for him, I don't think he will help you much in this regard, he is going to run for the Senate!" ”
Lin Qiangsheng nodded understandingly, spread his hands and said, "It's okay, I just want to introduce him to a business, since that's the case, forget it!" ”
Watching Lin Qiangsheng walk out of the room, Ryan held her cheek, she remembered the short time the two were together before, and she was in her early 30s and it was particularly easy for her to recall the past. (To be continued.) )