novellk Chapter 161 Privatizing Micron
Chapter 161 Privatizing Micron
Chapter 161 Privatizing Micron
1986 was an absolute golden age for the video game industry, producing a plethora of masterpieces.
But for the semiconductor industry, things are not so gentle.
Lin Lixin flipped through the bid price list and was speechless.
So far, global DRAM prices have been in a complete collapse.
Memory chips that once cost several dollars each have now plummeted to tens of cents.
As it turns out, Japan's price war strategy has been a huge success.
Large-scale government and corporate investment has enabled Japanese manufacturers such as Fujitsu and Hitachi to make Japan the world's largest DRAM producer.
The biggest victims of this incident are obviously DRAM manufacturers in other regions.
Especially manufacturers that only make DRAM.
Micron Technology, unfortunately, became a perfect victim.
After a brief period of glory in 84, Micron is now in dire straits.
It's even more outrageous than the video game industry, which was devastated by Atari.
They laid off more than half of their employees, closed several production lines, and even their stock price, the most crucial factor, plummeted by 9%.
This matter—
For Megumi, who was almost kicked to death like a stray dog on the street, it was truly a devastating blow.
But for Lin Lixin, that was a truly joyous occasion.
Why would I refuse money that's being given away for free?
The United States' erratic behavior is known worldwide.
How could such a massive conglomerate allow its key semiconductor company, located in its own backyard, to be brutally destroyed by Japan?
Just last year, the United States launched a Section 301 investigation into Japan's semiconductor industry.
According to Section 301 of the Trade Act of 1974, the United States may take unilateral action against foreign legislation or administration that violates agreements or harms the interests of the United States.
In a few months, the Japan-US Semiconductor Treaty, which destroyed Japan's economy, will be signed.
Under the guise of "anti-dumping," they directly and forcibly restricted the sales price of chips produced in Japan.
And a year from now, there will be another massive tariff increase campaign targeting Japanese semiconductors.
These precious two years were the key to Micron's comeback from the brink of disaster.
This is also the key to Lin Lixin's involvement in the semiconductor industry.
Since Sam began secretly accumulating shares in Micron, he has gradually acquired nearly 10% of the company's stock.
And this only cost less than $800 million.
Such a price is unimaginable, both in the past and in the future.
It's cheaper than cabbage! It's practically free!
"It's already difficult to get enough shares in the secondary market. If we want to increase our holdings further, we'll have to negotiate with other major shareholders."
Sam let out a long sigh.
This job was really exciting.
He knew that Lin Lixin would never be satisfied with just the current number of shares.
Lin Li-hsin's words, "I want the whole Meghan," still make his head buzz.
"If we can persuade any one of the founding team members to sell their shares, we can acquire nearly 30% of Micron's shares, which is enough for you to become the largest shareholder."
Sam counted on his fingers.
With a 30% stake, Lin Li-hsin could become the undisputed shareholder of Micron.
"At least absolute control, Sam."
Lin Lixin shook his head.
This is the only acquisition window in decades.
Upon hearing this, Sam sighed and smiled helplessly.
"I knew you'd say that."
After saying that, Sam turned around and took out a document from the filing cabinet. "I have obtained Joe's letter of intent to sell his shares in the startup team. He is willing to sell all of his shares for $800 million."
"Huh? How did you do that?"
Lin Lixin raised an eyebrow, surprised that he could acquire shares from a member of the startup team at such a low premium.
Seeing Lin Lixin's obvious surprise, Sam chuckled.
"Joe is already 40, Lin. Midlife crisis is hard for anyone."
For a middle-aged man nearing fifty, seeking a way out and looking for a successor, the choice between a huge sum of cash in front of him and the possibility of government intervention at an uncertain time is not a difficult one.
Mid-August.
GAMENOVA paid a 40% premium to become Micron's largest shareholder for over ten million US dollars.
On the same day, Lin Lixin became Micron's second-largest shareholder.
From a legal perspective—
Micron has officially fallen into GAMENOVA's hands.
The entire process cost less than $4000 million.
At the same time, GAMENOVA officially filed a public acquisition offer with the SEC.
In less than half a month, Lin Lixin gained 9% actual control of Micron.
According to legal provisions, Lin Lixin initiated a short-term merger and forcibly acquired all remaining shares at the offer price.
At this point, from any perspective, Micron has officially become Lin Lixin's private property, and has become GAMENO.
A wholly owned subsidiary of VA.
September.
The US-Japan Semiconductor Agreement has been officially signed.
At the same time, following Lin Lixin's instructions, Sam officially began contacting Samsung Electronics, which was suffering huge losses of up to $3 million.
Frank, carrying a brand-new copy of Electronic Games magazine, ran at full speed into the dormitory.
"Bro, come quick! The complete configuration list for NovaXeno is out!"
Ever since he pre-ordered the NovaXeno, Frank has been eagerly anticipating its arrival.
More than three hundred!
It's absolutely impossible not to feel the pinch.
"Ha, you're still thinking about that game console?"
"Don't say that, Aaron. Frank has already paid his money."
Mike smiled helplessly.
-
He knew that Aaron was different from him and Frank; Aaron was a PC game fanatic.
The reason I pre-ordered Civilization like them was because of GAMENOVA's reputation for producing high-quality games.
"Hey, you don't understand, Aaron, the NX host is awesome! I bet you guys, after this Christmas, the era of 8-bit machines will officially be over!"
Frank strode over to the two men, flipped the magazine to the page he had deliberately rolled up, and showed it to them.
Mike stepped forward; as the school's number one GAMENOVA fan, on par with Frank, he naturally wouldn't miss this opportunity.
"My God, Motorola's 16-bit processor!"
The first thing he noticed was the "16-Bit" printed in large, bold font on the processor line.
"Never mind that, look here, at the display performance!"
Upon hearing this, Mike's gaze moved downwards, quickly sweeping over the configuration information that was enough to make him gasp, and stopped at the display section.
"256 colors?! Up to 256 colors on screen at a resolution of 512478?! Really?"
It was only then that Mike realized the actual meaning of the abstract term "16-digit".
"Not only that! Look at the detailed introduction here, thanks to the brand-new VGA standard," NovaXeno can achieve a wider color gamut by adjusting color brightness details —"
"In other words—"
"Thousands of colors on screen simultaneously!"
Back to work after the Spring Festival! Extra update tomorrow! Thank you all for your continued support!!!