Chapter 189: Unexpected News
Seeing that the progress of the mobile phone design here is not optimistic, Duke can't help but feel a little irritable, now he is used to the fast-paced work mode, and many things can see the results within the expected time frame, but he can't work the hardware design of this mobile phone, so he has a feeling of powerlessness.
Duke was depressed, and suddenly the phone rang, and before Duke had time to say hello after connecting, Cai Siqiang's excited voice came next to his ears like thunder.
"Duke, guess what's going on today? A hint, it's a big deal for the company! ”
What's happening in the company today? Duke's head didn't react at once, seeing that Cai Siqiang was so excited, it would definitely not be a bad thing, but the company's development has been relatively stable recently, and there shouldn't be any big things to make him so excited?
"Say, don't be stupid, what's going on in the company today?" How could Duke have guessed what would happen, but fortunately, there was really no need to be polite between him and Cai Siqiang, so he asked directly.
"You would never have dreamed that Nokia would be interested in in-depth cooperation with us in mobile phones!" Cai Siqiang also knew that Duke would never expect it, and uncovered the mystery cleanly. "How? Isn't it shocking in your heart? Nokia, the former supergiant of the mobile phone industry. ”
"I'll go!" When he first heard the news, Duke was really shocked, and couldn't help blurting out a mantra, thinking about what kind of madness this Nokia was smoking, and then suddenly remembered to cooperate with SAL in depth.
When looking for potential acquisition targets, Nokia has also entered everyone's field of vision, and everyone has also considered this former mobile phone giant when analyzing, although from the general trend Nokia has sunset in mobile phones, and the dehaired phoenix is generally not as good as a chicken.
However, unlike HTC and RIM, Nokia only has a mobile phone business, plus a network equipment business, and Nokia's current market value is not something that the rookie SAL can remember.
Because thanks to the large-scale construction of 4G networks in recent years, the subsidiary Nokia Siemens Communications has performed well, with operating income of almost 20 billion euros and operating profits of about 2.5 billion euros last year.
Therefore, Nokia's total market capitalization is still hovering around 20 billion US dollars, and such a scale is still an unfaceable behemoth for SAL at this stage.
"Don't go." Cai Siqiang said happily, "We seem to have come a long way this year, so good things will find us." ”
"Okay, let's talk about what's going on, I'm almost stunned by you." Duke interrupted, because Cai Siqiang had been talking for a long time and still didn't touch on the topic. What exactly this cooperation is about, Duke has no idea in his mind.
"Well, to put it simply, Nokia has a strong desire to cooperate with SAL in all aspects, and the way they propose this cooperation is to separate the mobile device division from SAL and establish a new mobile device company, each of which owns 50 percent of the shares." Cai Siqiang then briefly explained the ins and outs of the matter.
It turned out that this matter was Sequoia Capital's Lu Yunpeng, who recently mentioned SAL wanting to enter the mobile phone in a casual chat with the president of Nokia Asia Pacific, I don't know if Nokia already had this idea, or for some other reason, anyway, the two chatted and chatted, and actually talked about the idea of Nokia mobile phone cooperation with SAL, because the president of the Asia-Pacific region believes that SAL's current technology can help Nokia re-enter the high-end market.
Obviously, the successful cooperation between SAL and Gemdale has left a deep impact in the eyes of Nokia.
According to Lao Lu's later exchanges and analysis with Cai Siqiang, this matter should be that Nokia's management has already had some ideas, and now may be looking for some partners for the mobile phone business, SAL and Gemdale's market performance last year was amazing enough, and it was one of the main reasons why Nokia almost lost the entire Chinese market last year, otherwise it would not be the turn of the president of the Asia-Pacific region to get the idea for Nokia, although he is also an important member of Nokia's management.
In this way, after Lu Yunpeng's matchmaking, Cai Siqiang conducted the first round of intent negotiations with the president of Nokia Asia Pacific.
"What about their terms?" Duke was not as excited as Cai Siqiang, he knew that things were not so simple, and this cooperation condition would not be too easy for SAL.
"We're going to inject all the technology related to mobile devices into the new company, plus a billion dollars in cash." Cai Siqiang continued. Nokia's mobile phone business has been losing money for several quarters in a row, and it has been maintained by the head office, and now that it has been divested, the $1 billion injected into it is only enough to be able to operate.
None of these foreign devils are stupid, Duke secretly scolded in his heart. Take out a lossy asset, immediately exchange it for a large amount of cash, and it is possible to make the salted fish turn over the technology, maybe it will make a comeback, this abacus is really good.
"Do you think in this deal, we made it or Nokia made it?" Duke ignored Cai Siqiang's excitement and asked rhetorically.
"Of course we made it," Cai Siqiang said without thinking, "Duke, 1 billion US dollars can enter the first camp of mobile phones, this opportunity is really good." Think about it, when our new mobile phone is branded with Nokia, the sales volume is at least twice as much as if we were doing it alone, and the price can be higher. ”
It can be seen that Cai Siqiang is very optimistic about this cooperation, and according to his thinking, it is also very reasonable, the money earned alone is not as good as that of cooperation, so why not cooperate?
From the perspective of commercial interests, this idea cannot be said to be wrong, and it is easy to understand that strong alliances can be stronger.
Thinking about Duke, he was a little unhappy in his heart, because he knew that Nokia's mobile phone business was basically struggling now, so why should he send charcoal in the snow to save him from fire and water at this time?
According to Duke's understanding, the biggest problem of Nokia's mobile phone business is that there are no high-end smartphones as a product, and the Lumia series, which abandoned its Symbian system and turned to windowsphone, although it has been operated together with Microsoft, there is still not much improvement, and the sales volume of real high-end mobile phones cannot even reach 10 million units a year.
In this case, Microsoft, which originally had an intention for Nokia, did not dare to easily take over this huge burden, one by one, from the financial statements of recent years, the mobile phone business has become Nokia's financial burden, but it is still reluctant to lose or dare not throw away.
Judging from Microsoft's strengths, there is really no panacea to reverse the decline of the Nokia phone.