"Feng, there is a British semiconductor company, my team said it is very good, I plan to buy it."

Semiconductor company? British?

"Oh? What company is it, what kind of product is it mainly produced, and how much is it?" Feng Yu asked casually.

Obviously, the brother is hesitating and wants to ask his opinion. Feng Yu's opinion is generally a company that he has heard in the past. He suggested that the brothers should buy. If you have never heard of it in the past, then it is not recommended to buy unless the price is very low.

“It’s a company that designs electronic semiconductor microprocessors. Their company name is called the Advanced Reduced Instruction Set Processor, or arm.”

At first, Feng Yu still had an indifferent look, but when he heard the abbreviation of arm, he suddenly sat up straight.

What is this company? This company is British?

To put it simply, the core of past tablets and smartphones, 95% of them, the arm architecture, embedded control, multimedia numbers, etc., they also have a dominant position.

They have designed a large number of cost-effective, low-power processors, the most patented technology of their kind, and even designed a lot of software for this.

This is a company with high technology and potential. Feng Yu has never thought of it.

However, there is no real tablet computer today. The sales volume of smart phones is far less than that of functional phones. As for embedded control and multimedia digital, there are competitions from other semiconductor companies. But even so, the number of their mobile phone cores is huge.

But the most interesting thing about this company is that they don't produce processors at all. They only make technical licenses to collect patent fees.

“The stake in this company is very complicated. Many of the world's top semiconductor companies have shares, but their major shareholder is Acorn Computer, which is in the UK and is equivalent to the fruit company in the country.”

“Fruit companies, VLSI companies, industrial technology companies, Texas Instruments, Qualcomm, etc. all have shares in them, and no one is the controlling party.”

“This company is a publicly traded company, listed separately in London and Nasdaq. It currently has a market capitalization of around £2.6 billion and an annual profit of less than £200 million. My team contacted the Acorn computer and they agreed to sell it to us. , but ask us a premium of 30%."

“The requirements of companies such as Texas Instruments are even more excessive. They demanded a 33% premium for us. Even the fruit company is planning to acquire, but the price given by the fruit company is almost parity, so it was directly rejected.”

"Feng, do you say that the premium is 30%, is it cost-effective? The profit is too low, only two hundred million pounds a year. But my team told me that I can sell the processor core myself, like Intel. Like Superway, it will definitely make money."

When Kiri Lenko saw Feng Yu's acquisition of semiconductor companies, etc., the premium was not low, and eventually he also brought Feng Yu a lucrative profit.

However, when Feng Yu acquired those companies, most of them were non-listed companies. The market value of this listed company is obviously high.

Feng himself said that after two years, the stock prices of many listed companies will once again dive, and next year is the peak market value of many companies. At this time, will there be some losses?

"Chi brother, my suggestion is to become the major shareholder of this company, but do not expel all other companies, to maintain cooperation and facilitate the company's technology authorization. I can let Chaowei and other companies also buy a little shares, this is enough to guarantee you You have complete control over the company."

This is arm, not only the current mobile phone processor is beginning to explode, but also the organic top box, the future of smart TV, tablet and other products, arm is the absolute boss.

By patenting a patent, it is already guaranteed that they have a lot of profits. Just like Ericsson, it was also the top of the mobile phone manufacturers, but now it is slowly, is it not gradually withdrawing from production?

In the future, Ericsson specializes in communication technology research and development, and then relying on patent licensing, it can also have a lot of profit, but also more secure, and the risk is extremely low.

"Feng, why not directly become a controlling shareholder?" Kirilenko is somewhat dissatisfied. Even if it is not wholly-owned, it should be acquired as a controlling shareholder.

Mastering more than two-thirds of the shares, and more than 50% of the shares, the power is completely different.

"Chi brother, you have to know that arm's business model is completely different from Intel and Chaowei. He does not produce a processor himself, but he does core design and makes money by patent authorization."

“How can I license to more companies? That can't be boycotted by other companies, so arm needs more allies.”

"So your patents can be licensed to more companies and adopted by more companies. The more companies buy Arm's patent license, the higher the profit."

"And the operating costs of this company will be very low, I guess the company is now less than 2,000 employees? Think about it, how many employees are there in the UK?"

"There are a small number of people, and there is also a big advantage, that is, the ability to resist risks is strong. Whether it is the increase in material prices or any other risk factors, as long as people still use electronic products such as mobile phones, your patents will not profit."

"And this kind of profit is still showing an upward trend. The more patents you have, the more profits you can get, and the longer the flow, not a hammer."

"My shareholding is to help you have the same right to speak as an absolute controlling share. If you are not satisfied, then these shares can be transferred to you in two years."

Kirilenko immediately said: "Feng, what do you mean? Many of the good projects you found have invested with me. You want to invest in this company together. How can I object? Since you said this is more reasonable, Then I definitely believe in you."

"In this way, I will first negotiate with the Acorn computer, and then we will acquire some of the shares of other companies. Finally, we can directly invest in companies such as Chaowei, which will expand our camp."

"Feng, if the company such as the island country wants to buy our patented technology, sell it?"

"Sell, why not sell!" Feng Yu said immediately. "We are authorized, but not a one-off sale. In the future, they will follow our architectural standards to produce products such as processors. They don’t make money, let’s Can make money."

"And in this way, they will slowly rely on our product structure, thus losing the ability of independent research and development, so that their lifeblood is in our hands."

"Chi brother, the market value of this company may be several times in a few years, now buy, absolutely no loss!"

... (to be continued.)