Chapter 509: Kingston

In the end, Jerry Sanders and Jason Huang still didn't discuss the results. They both decided not to merge for the time being and cooperate first.
Because once they merge, it is easy to arouse the fear of their peers and will be deliberately targeted. After all, every peer does not want others to develop and become giants.
Therefore, it is possible to win more alliances first, push the new interface standards they want to implement, and then merge. At that time, even if Inter was targeted and suppressed, they could bear it.
In this regard, Yang also agreed that the two sides should maintain close cooperation, and then establish aPu project, theoretically do some derivation research, and wait for the merger before starting to burn money for research and development.
At the same time, Chaowei Semiconductor sent people to Israel. It is said that some companies there have many innovative ideas in product architecture and algorithms, and they plan to buy them to upgrade their products.
This point was put forward by Zhang Yang, and this is how the previous generation Intel developed the Core series. Zhang Yang didn't know whether Chaowei could use this research to produce a better technology processor, but always try it, right?
Kingston Company, Du Jichuan sat in the office with Sun Dawei, waiting for an important guest.
Suddenly the secretary knocked on the door: "Mr. Du, Mr. Sun, Mr. Zhang is here."
The two stood up and watched a young man walk in.
"Hello, this is Du Jichuan, this is Sun Dawei, the company is that the two of us hold more than 95% of the shares, and the other shares are given to some important backbones."
"The two are legends in the manufacturing industry. They started business at the age of 46. In just a few years, they have become giants again. It is amazing. I heard that the company is not SoftBank's grandson. Is it a major shareholder?" Zhang Yang asked deliberately .
Zhang Yang had also thought about investing in Kingston before, at that time Kurishenko had not yet made memory. It was only through inquiries that in 1996, Softbank announced that it would spend US$1.45 billion, plus US$50 million in interest, and decided to pay several times in exchange for 80% of its equity.
In other words, the two people in front of me sold out most of the company's equity and became a billionaire again just as a manager.
Kingston was also rated as the fifth-largest manufacturer in the world and the largest manufacturer of memory cards, with a market share of more than 50%. This was only achieved in ten years. The two are really admirable.
What makes Zhang Yang funny is that it is no wonder that many people say that Chinese people are very smart, especially in the semiconductor industry. In addition to Zhang Yang, SanDisk also has Chinese-American directors. The two founders of Kingston are from Baodao. The two major manufacturers of graphics cards, aTI and Eagle Weida, are all of Chinese origin.
In Silicon Valley, there are many small semiconductor companies, all of whom are of Chinese descent.
Some people say that it is because Chinese people are more able to endure hardship. Just like when Kingston was founded, Du Jichuan took out two thousand dollars of start-up funds, made the product structure in their garage, and sold it.
This story, which was later circulated widely, also inspired a lot of people.
"Mr. Zhang, it seems that you have an understanding of our company, but you don’t know enough. Previously, Mr. Sun from Softbank said that he paid for the funds to buy our shares in batches, but when he invested in other industries, there was a problem with the funds, and we It's hardware, and SoftBank generally invests in software companies."
"So at the end of last year, we negotiated that we would not want to pay more than 300 million of his final payment. At the same time, he sold all of his shares back to us for $450 million this year."
Zhang Yang raised his eyebrows: "That is to say, you two take the company's shares as futures, sell it at a high price, buy it back at a low price, and make a difference of 6-7 billion US dollars in the middle?"
Sun Zhengyi still has this black history, which Zhang Yang did not know before.
"We are mutually successful, because Softbank needs funds to invest in other Internet industries. He said that now is a good time to bargain. It happens that the money we got before has also earned some, and it is normal to buy back the company's shares, according to the contract. It must also be sold to us first. Mr. Sun does not intend to continue to invest in the hardware industry, but this devoted all our efforts."
Zhang Yang is irresponsible. He devoted all his efforts to sell the controlling stake in this way? To put it bluntly, the two still felt that they had made enough money to enjoy their retirement in peace, especially for those who had gone bankrupt once.
In the early 1980s, the company they worked with made millions of dollars, and the two sold the company and lived in retirement.
As a result, during the North American stock market crash in 1987, their investment ran out of money. The two of them turned over two thousand dollars from Du Jichuan's home and started a business again. They now own Kingston. Both are already forty-six years old.
Now both of them are already 60 years old, but the maintenance is not bad, it seems to be outrageous. The company makes money, is in a good mood, and of course looks younger.
If it is not possible to take advantage this time, the two will not necessarily repurchase. However, Sun Zhengyi actually did not lose. After all, it contributed to the cooperation between Kingston and Dongzhi. Sun Zhengyi also made a lot of money from it, and the relevant corporate valuations have also increased a lot.
"The achievements of the two are indeed amazing. I came here this time and I also want to cooperate with the two."
Du Jichuan directly expressed his attitude: "Mr. Zhang, I'm sorry, we have no intention of continuing to sell the company's shares."
The two have complementary personalities, Du Jichuan is responsible for sales and sales, and Sun Dawei is responsible for R&D and production. Over the years, the two have no major conflicts, and both families have regarded the other as a relative.
"In fact some time ago ~EbookFREE.me~ there was a wealthy businessman in Moscow who wanted to invest in our company. He had contacted Sun Zhengyi and we refused."
Zhang Yang raised his eyebrows: "Is it Moscow's Kurishenko?"
"Mr. Zhang knows?" Du Jichuan was a little surprised.
"He also has a lot of business cooperation with me. At the same time, he is also a director of Zhiduoxing Group, and I am also a director of Moscow Electronics. However, we generally do not interfere with each other in terms of company management."
"I think Kingston can cooperate with Moscow Electronics. I came here this time to hope that Kingston will cooperate with Chaowei Semiconductor, Eagle Weida, SanDisk, Lianxiang and other companies."
"I'm not just the president of the Zhiduoxing Group, but also the directors of these companies. We can form a strategic alliance and promote some standards together, which is good for everyone."
"And I am a Chinese, I will never pit my compatriots."
Du Jichuan glanced at Sun Dawei, Zhang Yang's strength was greater than they thought. Cooperation seems to be not impossible.