Chapter 592 [Purple Star Lithography Technology Completes Breakthrough]
The business cooperation between Bluestar Technology and Xinshi Industrial Group is not the first time to enter the subcontinent market, in fact, it has begun to actively deploy as early as eight years ago, and the real large-scale layout of the subcontinent business market was in 2014, that is, at the beginning of last year.
Industry insiders know that in 2014, Bluestar Technology Group announced its withdrawal from the North American market, and almost really left that year.
It was also in 2014 that Bluestar Technology Group began its strategic restructuring, the implementation of three major strategies, and the five-year investment of 150 billion US dollars in scientific research.
At the same time, this year, Bluestar Technology proposed an Internet connection service called "Free Basic" in the subcontinent market, which aims to help Yindu users in remote areas provide Internet surfing services, but it was banned by the local telecommunications regulator because its neutrality was questioned.
But Bluestar Technology is obviously not going to give up a huge emerging market because of this setback.
Regulators in the subcontinent have long been skeptical of foreign companies dominating the market, and the subcontinent's internet market is now largely dominated by two foreign tech giants.
They are Bluestar Technology, which dominates the social field, and Google, which dominates search engines and map services, and the two companies have basically monopolized their respective markets.
In the business of the subcontinent, Google and Bluestar Technology, the two Internet giants, rarely participate in the core competition of each other's business, and there is no need for this, first, it is difficult to touch each other's core business, and second, the subcontinent market is an incremental market, a large number of new netizens are entering the world of the Internet, users are everywhere, and the short-term user value development is not large, there is no need to waste greater energy and financial resources to fight each other.
For five years, both sides have been at peace with each other, playing their own games in the subcontinent.
But for the current Bluestar Technology, it is obvious that it can't be satisfied with the status quo, so it has reached a close business cooperation consensus with the local richest man Mukaish, and if you want to make a difference in the subcontinent market, it is really difficult to leave a figure like Mukaish.
As an industrialist and public figure in the subcontinent, Mukaish has spoken out to urge regulators to make regulations that are conducive to the development of local enterprises, which is of course selfish and will hinder the development of foreign companies such as Bluestar Technology, Google and Amazon to a certain extent.
The third brother also has smart people, and Mukaish insists that the large amount of data collected by multinational technology groups such as Bluestar Technology and Google should be left in the subcontinent.
However, this is nothing for Bluestar Technology, which has no intention of controlling these data, as long as you have the right to use it, this is the bottom line, otherwise it would be funny if you were kicked open and made a wedding dress.
Although the two sides have different views and even differences on some issues, this does not prevent the two sides from cooperating in other fields.
If the cooperation with Mukaish can go on smoothly, he has to let his dream of an Internet empire continue, everyone takes what they need, you are all dead, and if other people's dreams can't be done, then they can't cooperate smoothly.
It is normal for multinational companies to have disagreements, even if there are disagreements within some departments of Bluestar Technology Group, it is not a strange thing, as long as the big strategy is in step with each other will not be affected, Luo Sheng does not care too much about these details, otherwise he will not be able to live.
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Three days later, Mukaish came to the headquarters of Bluestar Technology for a public strategic cooperation signing ceremony, officially announcing that Bluestar Technology spent $2.85 billion to acquire a 22.7% stake in Jio Platforms.
In the press conference hall of Bluestar Technology headquarters, the cameras of more than 200 media recorded the scene of the signing ceremony, and Luo Sheng was present.
He didn't want to attend the signing ceremony, so he asked Zhang Bowen to preside over it, but then he thought about Mu Kaish's personal arrival, and it was a bit unequal in terms of specifications if he didn't come forward, and the other party might feel that he didn't get enough treatment.
After thinking about it, I decided to come over in person to sign this strategic contract, anyway, Lao Zhang was already in order behind the scenes, and he came out to show his face, but it was only half an hour.
A media reporter looked at the scene in front of him and said: "The big guy is the big guy, judging from the recent hot news, the Cote d'Azur is about to burn his eyebrows and is still so calm." β
The partner next to him teased: "The Cote d'Azur burns my eyebrows, what's the matter with my Bluestar Technology?" Forehead...... It seems that Bluestar Technology is not much better. β
"Haha."
In any case, the current scene is a celebration of the important cooperation between two well-known multinational giant groups, and the atmosphere is cheerful, and at this moment, here, there is no unpleasant atmosphere to be seen.
The layman looks at the excitement and the insider looks at the doorway, and the insider knows that this cooperation is not not unrelated to the previous hot news, on the contrary, there may be a greater internal connection.
At this moment, Luo Sheng stood on the podium full of flowers and looked at the media people present, and said calmly with a smile: "The subcontinent has the largest user community of Bluestar Technology and WhatAPP, and at the same time, there are many talented entrepreneurs, and the cooperation between the two companies can help people and enterprises in the subcontinent create more new opportunities." We can connect consumers and businesses through a seamless mobile experience. β
Mukaish, who stood on another stand-alone podium, followed suit in English, but with a strong curry flavor.
"The two parties will work closely together to ensure that consumers can make seamless transactions with JioMart through WhatApp, such as viewing the nearest Kirana mom-and-pop store through WhatApp and purchasing their products and services."
Luo Sheng smiled and continued: "Bluestar Technology is investing in the layout, and more importantly, we will be committed to in-depth cooperation in some major projects that can open up business opportunities for people all over the subcontinent." β
"I am looking forward to working with Mr. Luo, and the in-depth cooperation with Bluestar Technology will help to achieve the mission of 'Digital Yindu', and its two ambitious goals, namely 'convenience of life' and 'convenience of doing business', will benefit every Yindu person without exception, and there is no doubt that this is a win-win cooperation situation for all parties." β
On both sides, you and I are basically talking about the scene. Luo Sheng's current personal net worth exceeds $370 billion, making him the richest man in the contemporary world and the richest individual in human history, while Mukaish is the richest man in the subcontinent at $32.2 billion.
Although there is a big difference in terms of amount, there is no doubt that they are all super rich, and they are all leaders in their respective fields, but Luo Sheng's popularity and influence in the subcontinent are definitely not as good as Mukaish, which is undoubtedly that both sides need each other's strength and get the benefits they want.
The signing ceremony was completed, the scene was finished, and under the lens of many media reporters, the two left their respective podiums at about the same time, and walked towards each other, ending the event with a polite handshake between the two sides.
This scene was also filmed by reporters, and then appeared on the pages of major media as the latest news news, especially the local media in Yindu reported on this matter in a big book.
After all, Mukaish is the most well-known and influential public figure in the business community of the subcontinent, and Luo Sheng, not to mention, is simply a moving world news hotspot.
For this major transnational business cooperation, major media have also found many professional well-known industry figures through their own channels to comment on it, and they are also happy to accept media interviews and interpret it.
[I think this is for Bluestar Technology, this deal has other benefits, in terms of the disclosed details of the cooperation, it has access to telecom operators, which means that Bluestar Technology can access the entire treasure trove of data, including phone type, customer location, data usage, spending data and many other information, so as to further improve their ability to advertise. γ
[For Jio, in addition to funding and Bluestar Technology's technical firepower, it also has access to the world's most powerful and versatile application, WhatAPP is Indu Internet, which has nearly two-thirds of the users in the subcontinent, and they can easily log on to Kiranas, because all of them use WhatAPP, and it may soon be further upgraded. γ
As soon as the news of the partnership came out, the market value of Jio Platforms rose sharply, and it is clear that the market is very optimistic about this cooperation.
While it's still a little too early to say whether these plans will actually go as planned, it's clear that the $2.85 billion deal will help Reliance go further in reducing its debt.
However, at this time, most of the European and American media jumped out to sing the decline, and many media ridiculed Luo Sheng for being so concerned about the subcontinent market and looking at the potential of this market, thinking that he could hedge the losses caused by the loss of the North American business market by Bluestar Technology, and he might lose all his money in the end.
Yes, as soon as such a report was made, the European and American media offended both ends at once, and the third brother was often the most face-saving, and the third brother's netizens immediately sprayed on Reddit, and local media such as Parks Daily also began to fight a war of words with the European and American media.
The partnership is focused on Mukaish's unprecedented price war in the subcontinent starting next year, aiming to shake up the subcontinent's highly competitive telecommunications industry, with the launch of Mukaish's 4G phone service Jio expected to bring hundreds of millions of new subscribers, although it would cause several local companies to close their doors.
But that's Mucaish's goal, not just to bring down his brother's business, but also to Jio-Airtel, run by fellow billionaire Sunil, and billionaire Kumar to run the loss-making British telecommunications operator Vodafone, among two other companies.
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After this matter came to an end, Zhang Bowen began to prepare for the next real negotiations, which was the main event.
The Blue Star Technology was handed over to Lao Zhang to deal with, and Luo Sheng was transferred to the Cote d'Azur, to be exact, the Cote d'Azur Laboratory, Lens Semiconductor and Purple Star Lithography Machine.
This is the core lifeblood that determines the real direction of this technology battle.
On December 17th, an exciting breakthrough came from the CΓ΄te d'Azur laboratory, where the light source power, or the measurement of the number of EUV photons transmitted to the scanner to enable wafer exposure, was reached.
In the research and development of the mass-produced Purple Star lithography machine, the major technical pain points can basically be declared to have been overcome.
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Chinese Net