Chapter 206 LX: I Want to Be a Stepfather
Chapter 206 LX: I Want to Be a Stepfather
The previous purchasing teams barely spoke; they just looked at the screen, examined the test data, and then readily signed the contract.
Huawei even sent a message directly: "Brother, save some stock for us, don't just rush to sell it for money."
Don't worry about defective products, Honor will handle them.
Of course, there were some unexpected incidents along the way. Before leaving, a vice president of ZTE shook Chen Mingyong's hand and said, "Your path has been successful. The future of domestic mobile phones will be much easier."
"By the way, Mr. Chen, could we discuss something a little more, like deeper technological cooperation?"
This vice president had even bigger ideas; he wanted to gain deep support from the industry supply chain, such as the Taishan 900 chip. With this chip, their smartphone business could also take off.
The current landscape of ZTE, Huawei, Coolpad, and Lenovo can be maintained.
In response, Chen Mingyong pointed out the direction: to discuss it at headquarters.
…………
The other companies were also quite agreeable, with most taking some samples back for testing, ranging from a few dozen to several hundred pieces...
But what Chen Mingyong truly found troublesome was Lenovo.
After all, Transsion and Lenovo have almost no overlap in their businesses. Lenovo mainly focuses on PCs and domestic mobile phones, and the supply chains of the two companies rarely meet.
But since the visitor was a guest, Chen Mingyong still went to greet him personally.
The man who came was a middle-aged man in his early forties, surnamed Chen, whose business card bore the title of Senior President of Strategic Investment Department of Lenovo Group.
His gaze swept around the panel showroom as if assessing something, then he smiled and extended his hand: "I heard your company has made a breakthrough in screens, so our CEO Liu specifically asked me to come and take a look."
Chen Mingyong led them on a tour of the testing room, showing them the comparative tests on the screen and the demonstration effect of the chip installed in the engineering prototype.
Chen Lang looked at it very carefully and asked many technical questions.
Chen Mingyong noticed that although he kept looking at it, his mind seemed to be elsewhere than on the screen.
"The effect is truly amazing." Chen Lang put down his phone and then casually said, "Actually, besides looking at this screen, I also wanted to talk to your company about something else."
Chen Ming nodded again, without saying a word...
Li Lang carefully considered his words. After all, his stepfather was eager to take on the role, and this involved poaching someone's cash flow business, so he had to be careful with his wording...
"You acquired Motorola's mobile phone business from Google last year."
However, this brand has never been listed on the domestic market, which has resulted in significant losses.
Chen Mingyong held his teacup without saying a word, but he had already guessed Chen Lang's purpose.
"To be honest, it's a bit of a shame that the Motorola brand is in your hands." Chen Lang's tone became enthusiastic, as if he were talking about something that everyone knew.
"We've been thinking, if your company could find a partner who understands emerging markets, has distribution channels, and has supply chain capabilities, we could revitalize this brand..."
He stopped and looked at Chen Mingyong across from him...
"I wonder if Transsion has considered transferring Motorola?"
We can discuss the price.
After all, Transsion phones entered most markets directly, except for the American market.
Motorola is just a reskinned version, and it's even more expensive, which wastes a lot of Motorola's potential.
This is not a question, but an acquisition offer. It is the right choice that Lenovo has made in order to plan for the mobile phone market.
Chen Mingyong put down his teacup, but still sighed helplessly.
"Who can argue with that? Last year, we spent over 100 billion to acquire Motorola."
US dollars.
Now...sigh...I also feel it's a pity. If we could find a brand that understands him better, and have the manpower to revitalize it, that would be a good thing.
"We have them!"
Chen Lang made no attempt to hide Lenovo Group's intentions, as the entire industry knew that Lenovo had been preparing to acquire Motorola.
Preparations began as early as the start of the financial crisis, but Motorola's prices were too high at the time, and Lenovo was short of funds, so they had no choice but to offer a price...
Then he was silenced by telepathic communication.
Now we've finally found a few banks, and they've agreed to a mortgage scheme (a way to get something for nothing), so of course we have to make good use of it.
"Mr. Chen, I see your sincerity."
But selling the brand is not something I, as the head of screen R&D, can decide.
"How about this, I'll arrange an appointment for you with Mr. Huang Tianya, the head of our investment department."
Chen Lang waved his hand: "No rush, no rush."
I'm just here to ask a few questions.
I know that you paid a considerable price to acquire the Motorola brand, encountering many difficulties in terms of personal relationships and the acquisition itself...
If Transsion wants to sell, it will definitely find a brand that understands it.
His meaning was very clear: Lenovo is the brand that understands it, and as long as Transsion is willing to sell, the price is negotiable.
Before leaving, to show his sincerity, Chen Lang bought a batch of screens, totaling 100 million yuan...
…………
After the other party left, Chen Mingyong immediately reported the news.
Neither Shen Fei nor Huang Tianya were surprised by this matter; they simply said, "No rush, let them wait."
The news somehow got out...
[Huang Tianya: I don't know!]
That afternoon, the hashtag #LenovoGroupMayAcquireMotorola# became the number one trending topic on WeChat.
"Brothers, let's rise up with domestic products!"
"Transsion has entered the European market. If Lenovo acquires Motorola, it will also have the same capability. In the future, all mobile phones overseas will be made in China."
"You idiot upstairs, Motorola is using voice transmission now."
"?"
Lazy Sheep's assistant was also a little confused when he saw the message.
Especially those tech bloggers, they're all hyping up Lenovo's acquisition of Motorola, which is like an ant swallowing an elephant, allowing them to enter the American market and strive to become number one in the world!
From now on, it will no longer be the Chinese Federation of Literary and Art Circles, but the World Federation of Literary and Art Circles...
So he asked curiously in the comments section: "But I'm curious, what's the point of Lenovo acquiring Motorola now? As far as I know, Motorola has been completely hollowed out by Transsion."
How many billions is he going to spend on this acquisition?
"Damn it! I initially thought it was the right choice, but now it seems that no matter the price, Lenovo is the biggest scapegoat..."
"Not necessarily, they might not sell the transceiver."
…………
Meanwhile, in the headquarters building of the United States Texas, a world-shaking event was being discussed.
CEO Rich Spurton sat there, with several alarming reports laid out in front of him.
The first document is about the Taishan 900 chip.
The second document concerns Huawei's K3V1 chip.
The third document concerns the patent portfolios of these two companies in the field of communication baseband.
The last report, however, concerns the continued decline in Texas Instruments' chip delivery business.
Qualcomm was once an insurmountable obstacle in the communications industry, but now... that obstacle seems to have moved to a country called the semiconductor desert, and it's even taller now.
Rich Spurton gritted his teeth, finished reading the reports, and then looked up at the executives present.
"Can someone tell me how we got to this point?"
stjorthotic