Chapter 127 [Start Buying, Buying, Buying (2/4)]

The two sides quickly reached a strategic cooperation agreement, and Luo Shengkai's conditions almost made Corning unable to refuse, and the $80 million investment was approved by the board of directors and the North American side, which could not shake and affect Corning as a whole.

The form of investment of 80 million US dollars is completed in the form of a joint venture between the two parties, and the factory is established in Huaguo, for Corning, the joint venture is in the hands of Corning, and the customer is in Huaguo, and the cost of investment and construction of the factory in Huaguo is low, no matter from what point of view this is the best choice.

Of course it did.

Moreover, Corning has entered the Chinese market as early as 1990, and has been working in this market for more than ten years, and the joint venture has become very smooth.

However, the establishment of the production line is not fast, Luo Sheng is in a hurry, and the joint venture factory will actually have to be delayed until three years before the production line can be built, but in the long run, the joint venture in China is a better choice.

For now, the $80 million investment is no longer expected to produce mobile phone glass in China, or Corning will have to restart production lines in North America.

Fortunately, Luo Sheng's demand is large, and the signing of the agreement allows Corning to grasp it with both hands without worries.

It has to be said that Corning's diamond glass does perform very well in terms of resistance to collisions, drops and scratches.

The cooperation negotiation with Corning was unusually smooth, and Luo Sheng left a legal team of six or seven people to negotiate with Corning and deal with all the follow-up issues.

He won't stay here for a few weeks, time is precious, the general direction has been negotiated, and the following problems can be handed over to his subordinates to deal with.

As soon as this matter was finalized, Luo Sheng focused his work on Bluestar Technology in the next time, in short, it was highly summarized - buy, buy, buy!

The last time I came to the United States, I asked Wall Street for money, and this time I came to the United States to spend money like crazy.

……

At noon the next day, Luo Sheng and Qin Weimu had lunch together in the living room of the hotel suite.

"At your request, I've put together a list of relevant content about the gaming industry, which is a statistical analysis of the market that I conducted when there is a public listing of stocks."

In the living room, Luo Sheng poured two cups of cold drinks, and under the big grin on the sofa, Qin Weimu, who was sitting next to him, took out a document from the briefcase he had brought over.

Before you go shopping, you have to do your homework and understand the general situation of the market.

When it came to work, Qin Weimu immediately showed a clear logic, ability and focus, and immediately said:

"Over the past year, the total market capitalization of several of the world's leading gaming companies has increased by about 7%, and I mainly analyzed the changes in the market capitalization of the three major gaming companies during the period up to the first quarter of this year."

Among them, Nintendo's market value has increased the most, and in unexpected circumstances, relying on NDS handheld consoles to cause a super whirlwind around the world to make a lot of money, the stock market value rose by 15% to reach $18.5 billion, becoming the world's largest pure game manufacturer in one fell swoop. EA, the largest pure-play company, fell 17% to $16.1 billion in stock market value due to poor performance. ”

"After experiencing a sharp decline in market value, Sony also rebounded to a certain extent last year, with its market value increasing by 7% to $36.974 billion; Microsoft's market value has only increased by about 1% due to its large scale and stable operating conditions, and has now reached $288.386 billion. However, these businesses such as Microsoft, Sony, and Vivendi Global Group are not only in the gaming industry. ”

Speaking of this, Qin Weimu paused for a while, she took a small sip of her drink, then looked at Luo Sheng, who was browsing the documents, and continued to report:

"The data shows that the performance of hardware providers in the game industry is not bad, but the software content developers are a few happy and a few worried, SCi Eidos and Nangong Dream merged, the market value has increased significantly, in addition, the market value of Sega, THQ and Ubisoft has increased by about 30%, the fastest rising market value is Midway, since the boss of the media predator Viacom has included it, the company's market value has increased from $843 million to $2.06 billion, an increase of about 144%, The company was also rumored to be in financial trouble last year. ”

Qin Weimu fully demonstrated her sensitivity to data in her words, which is also due to her professionalism.

But worst of all is Atari, which is now worth only $154 million, and in February it had $330 million, which was almost halved in a short period of time. As for the Take-Two company you care about, it is also in a difficult time, with the market value of the stock falling by 24%, and the current market value remains at around $1.276 billion. ”

"The overall market value of the global gaming industry increased by 7%, from $58.5 billion to $62.6 billion, but my analysis believes that this growth momentum is still lower than expected, and the data shows that the game industry sales in the first half of last year significantly exceeded most people's expectations, and the second half of the year is just the opposite, the main reason should be that during the golden season in November and December, game sales were much lower than expected."

After a few minutes, Luo Sheng finished reading the data report she had collated, and couldn't help nodding and boasting without hesitation: "It's amazing that my Sister Mu was able to sort out such a detailed material on the current situation of the industry in one night." ”

Luo Sheng suddenly turned his head and glanced at her: "Stayed up late, right?" ”

Qin Weimu shook his head and said lightly: "No, it won't take much time for me. ”

Luo Sheng didn't believe her words at all, and retorted: "Don't die duck with a hard mouth, I usually don't see how you put on makeup, this time your eye makeup is much thicker than usual, and your spirit is also a little poor, and you yawned when you just reported it." ”

Qin Weimu seemed to be stubborn and said, "What kind of makeup do you want to wear, what does it have to do with this?" ”

Luo Sheng immediately said: "Then the loading and unloading, let's make a bet to see if there are any panda eyes, don't you dare?" Nothing more? Oh, we're also meticulous people...... If you can't be busy, recruit a few men to deal with it, from now on, you are not allowed to stay up late to work, otherwise I won't be able to spare you, you are my person, I have the final say. ”

Hearing this, Qin Weimu didn't turn his head and didn't respond to him and refute him, but deep down he felt sweet because of his domineering remarks, and smiled sweetly secretly.

Although the heart is constantly admonishing, the sweet words in the man's mouth are all ulterior, but he just likes it, and the feeling of being cared for is wonderful.

……

In the afternoon, Luo Sheng met with Take-Two's founder, Ryan Blunt, a game company that may not be well-known to most players, but not one of its subsidiaries, Rockstar Games, a game production company that is commonly known as "R Star" by players, and the company's work is best known for the Grand Theft Auto (GTA) series.

Luo Sheng would never doubt that when he was interviewing Ryan Blunt here in New York at this moment, there might be many people in an Internet café in China who were playing the game "Grand Theft Auto".

It's not a very friendly year for Take-Two, and it's even a very bad year, with the company's share price plummeting by 24%, all for the huge reason that it has already acquired "R Star".

In 1998, Take-Two acquired BMG, and "R Star" was born, and the following year, "GTA 2" was released, but not only did it not succeed, but it was criticized by the media for the violence of the game's content.

But with the "GTA3" trilogy ushered in a transformation, in 2001 "GTA3: New York" was released in the market response was huge, commercial success, the development of the sequel naturally did not stop, and soon in 2002, "GTA3: Vice City" arrived, this time bringing a better physics engine, more vehicles, the protagonist's flower shirt image is probably a lot of players are still impressed, this time making "R Star" more successful.

Soon, "GTA3: San Andres" was released last year, this time the game has a larger map, more custom content, and naturally all kinds of rave reviews, but the outbreak of the famous "real hot coffee" incident has brought a huge crisis to R Star, and even the parent company Take-Two has been affected, and this crisis has not been successfully passed so far.

The so-called "Hot Coffee" event is the name of a patch created by a French player who discovered that the game contained a hidden plot.

If you don't patch it, after the girlfriend in the game has a certain amount of favorability towards you (the player), she will ask you if you want to go into the house for a cup of coffee after the date, and after entering, it will naturally snap left and right, but the player's picture can only watch the picture spinning and listening to the sound outside the house.

Ran goose, you can enter the room after this patch......

It can be said that Take-Two is in trouble right now, and the decline in market value from $1.67 billion to $1.276 billion is the best market feedback, and for Luo Sheng, this is the perfect time to include Take-Two in his pocket.

……