Chapter 1436 Qualcomm Wants to Acquire Tamron
Chapter 1436 Qualcomm Wants to Acquire Tamron
Lyman Monroe also strongly agreed with Lu Feng's statement.
In fact, China has a great many talented people. Whether it is the United States, Europe, or other places, wherever there are people, there will be Chinese people starting businesses and conducting scientific research.
For example, in their country, many corporate executives are Chinese, and even among Qualcomm's senior management, there are quite a few Chinese.
"Yes, you Chinese are amazing. You've almost caught up with what took us hundreds of years in just a few decades!"
"but......."
He then changed the subject and continued, "In high-tech fields, China still lags behind us in many ways, such as in the chip industry."
"Excuse my bluntness, but once we stop supplying you with chips, your country will be left without any chips!"
He gave Lu Feng a meaningful look and said.
Upon hearing this, Lu Feng frowned slightly, but quickly relaxed and nodded.
The fact that Qualcomm stopped supplying chips, leaving many companies without chips, speaks volumes. There's no need for him to put on a brave face and stubbornly resist.
However, this does not mean he will not retaliate:
"Mr. Lyman is right. China does lag behind you in high-tech fields, but we are working hard!"
"Take the chip industry you just mentioned as an example. One of the chips that Tenglong launched before had performance that was no worse than Apple's most advanced chip right now!"
"I believe that in the future, we will definitely be able to catch up with you, and even surpass you!"
Lyman Monroe was momentarily speechless after being confronted with this statement, because what Lu Feng said was also true.
Although China's technology still lags behind that of other countries in recent years, these gaps are narrowing over time.
That statement, "We might even surpass you," wasn't just empty talk.
In particular, when he saw the latest chip launched by Tenglong, he felt a sense of crisis.
"Mr. Lu, you are indeed very capable. I have seen Tenglong's chips, and they are excellent. I have a suggestion for you, would you like to hear it?"
Lyman Monroe looked directly at Lu Feng and said.
"Oh? What proposal?"
Lu Feng sat up straight, his alertness at its peak.
"Mr. Lu, please don't be too wary. The proposal I'm about to make is one that benefits both sides!"
Lyman Monroe noticed the change in Lu Feng's demeanor, so he first tried to appease him, and then explained his plan.
"That's right, Qualcomm is very optimistic about Tenglong's prospects, so we want to acquire Tenglong's shares. Rest assured, the price is absolutely fair!"
"Furthermore, we will also provide you with access to Qualcomm's proprietary technologies and the corresponding raw materials."
"In short, as long as Mr. Lu agrees, Qualcomm will provide full support for Tenglong, so you will no longer have to worry about various restrictions!"
After saying this, he looked at Lu Feng with great confidence.
Given these conditions, he couldn't believe anyone wouldn't be tempted.
It's important to understand that the chip industry is different from other fields; raw materials and core technologies are always strictly controlled.
It's extremely difficult for a new company to make a name for itself in this field without guidance.
Lu Feng was indeed somewhat surprised after hearing Lyman Monroe's words.
The two conditions offered by the other party, whether it be core technology or raw material supply, are extremely tempting to any chip company.
No newly established chip company in the world could withstand it.
From this, he saw Lehman Monroe's shrewdness.
Even if you know the other party has ill intentions, but the conditions they offer are so sincere, you don't even have a reason to retaliate.
[Old fox, since you want to play, I'll play along. I want to see what tricks you're up to!]
A cold smile curled at the corner of Lu Feng's lips, then his expression switched to one of flattery and surprise:
"Mr. Lyman's terms are very tempting. How would you like to cooperate?"
His performance was just right, showing both that he was moved by the offer and that he was wary, without immediately agreeing.
[You're still young after all!]
Lyman Monroe felt a sense of smug satisfaction as he watched his reaction.
“Mr. Lu, as I said, we are very sincere and also very eager to get to know a talented young man like you.”
"You asked me how we cooperated? It's actually very simple: Qualcomm will invest $5 billion to buy 50% of Tenglong's shares."
"Then the two sides exchanged some core technologies and sent their research teams to each other's companies for academic exchanges."
"Of course, Qualcomm, as an industry veteran, will also provide Tenglong with a lot of assistance."
"Including but not limited to raw material supply, creating hype, and allowing Tenglong to use Qualcomm's name to launch co-branded chips!"
"Mr. Lu, are you satisfied with these conditions?"
Lyman Monroe looked at Lu Feng with a smile, adopting the demeanor of a kind and experienced industry veteran.
[Holy crap, this old fox is something else!]
Looking at his expression, Lu Feng cursed inwardly.
While the above conditions may seem to be supporting and helping Tenglong, they are actually a tactic to undermine its foundation.
What academic exchange? They're clearly after his researchers. As for the supposed exchange of core technologies, they're not even bothering with any pretense. It's obvious they want Tenglong's chip technology.
Furthermore, the idea of spending five billion US dollars to buy 50% of Tenglong's shares is simply bleeding Tenglong dry.
If he agrees to these conditions, Qualcomm will completely devour Tenglong within six months.
[Damn it, I really want to slap this guy twice across the face!]
Seeing that the other party was still putting on an act of "I'm thinking of you," Lu Feng felt a little itchy.
Even though he secretly wished he could beat the old man to death, he couldn't show the slightest rudeness on the surface.
After all, from an outsider's perspective, Tenglong did indeed gain a great advantage in all of the above conditions.
For example, he spent 5 billion to buy 50% of Tenglong's shares. It should be noted that before he acquired Tenglong, the entire group's market value was only 10 billion Chinese yuan.
Five billion US dollars is more than 30 billion Chinese yuan. It could buy three and a half times the entire Tenglong Group, let alone just 50% of Tenglong's shares.
There are also so-called technical exchanges and the mutual dispatch of research personnel to each other's companies.
He knew what those two conditions meant, but to outsiders, it still seemed like Tenglong had gotten a huge advantage.
After all, Tenglong is just a small company, while Qualcomm is one of the leading chip manufacturers in the world.
The two sides are not even in the same league. Everyone would subjectively believe that Qualcomm's researchers and core technologies are more advanced.
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