I Become A Noble in England

Chapter 427: Chapter 426 Relieved



When Barron first met Fan Bingbing, he had suggested that she be his tour guide and accompany him to visit Qin Island in China.

Fan Bingbing was born in Yantai but grew up in Qingdao.

What Barron mentioned at that time was not just an excuse, but because he had lived in Qindao before college in his previous life, so he really wanted to go there again to take a look.

So before Fan Bingbing joined the crew to film, Barron temporarily left Yanjing and went to Qindao with Fan Bingbing.

"That's the May Fourth Square, and this is the more prosperous area of ​​Qindao..."

As a "big star", Fan Bingbing must have some disguise when accompanying Barron here. She wore more casual clothes today, a baseball cap and sunglasses...

In other words, in this period, wearing a mask would appear even more strange. If it was before Barron's rebirth, it would have been considered a normal outfit.

Therefore, the formation of a person's cognition is closely related to his growth environment.

For example, why did not many ordinary people buy stocks during the "golden decade" of the American stock market in the 1960s?

It was because the American stock market had been tepid for 30 years after the Great Depression in the 1920s and 1930s, and it took a full 30 years to recover to the stock index before the Great Depression.

Therefore, a whole generation or two of Americans who grew up during this period have been watching the depression of the American stock market since they can remember.

The concept that "the stock market is too risky and you can't make money" is deeply rooted in their minds. How can ordinary people buy stocks and invest in the stock market?

Similarly, people who have experienced that period in the future will no longer be surprised to see people wearing masks around them.

But it's not like now, when you walk on the street wearing a mask, you will attract a lot of strange looks.

"Before I went to school in Shanghai, I often came here to play, but later I rarely had the chance to come back..."

Barron listened to Fan Bingbing saying this beside him. He looked at the square in front of him, and many memories of his previous life came to his mind.

At that time, his family lived not far from here. This May Fourth Square was also a place where he often came to play when he was a child...

"Let's just wander around here."

Barron said this, and Fan Bingbing did not object and just walked beside him.

Today is a weekday afternoon, and there are not too many people in May Fourth Square.

Unconsciously, when Barron stopped, he found that he had arrived at the entrance of a community - this community was where he had lived in his previous life...

"What's wrong?"

Seeing Barron's expression, there was something special...

Fan Bingbing asked curiously.

"Nothing, let's go back. We can go to the pier you mentioned at night..."

In fact, after coming to this world, Barron always wondered at some point whether his past life self, his parents and relatives still existed.

This was one of the reasons why Barron wanted to visit Qindao.

But when he really got here, he gave up the idea of ​​finding out the truth.

No matter what, I can't go back. Now I am a British duke, not a Chinese.

Even if those people really still exist, what can they do?

After so many thoughts flashed through his mind, he suddenly felt relieved...

That's it.

After several rounds of negotiations, Global Industrial Investment Fund reached an agreement with Huaxia Electronics to jointly acquire Philips' mobile phone business.

The total amount of funds involved in this acquisition agreement is as high as 6.5 billion US dollars!

GII Fund will join hands with Huaxia Electronics to acquire all mobile phone businesses of Philips.

According to the agreement, the acquisition of Philips' mobile phone business will cost US$2.5 billion, of which China Electronics (CEC) will contribute US$2 billion.

They will obtain exclusive authorization for the Philips brand in the next five years and can sell Philips-branded mobile phones in domestic and international markets.

In addition, Philips transferred its marketing system in the country where its mobile phone business is mainly carried out and its 25% stake in Shenzhen Sangfei Consumer Communications Co., Ltd. to China Electronics.

After taking over Philips' global mobile phone business, Huaxia Electronics handed over the operation of the business to its subsidiary Sangfei (at this time they held 100% of the company's shares) - previously, Sangfei was Philips' global OEM partner for mobile phones.

The GII Fund invested US$500 million and, together with Huaxia Electronics, obtained the transfer and license of Philips' mobile phone-related patents, including the unique patented technology of ultra-long standby.

In addition, Philips' ultra-long standby sub-brand Xenium belongs to Huaxia Electronics.

GII Fund and Huaxia Electronics also took over approximately 240 employees of Philips' mobile phone business in Asia Pacific and Eastern Europe, of which 180 employees were taken over by Huaxia Electronics and the other 60 related technical personnel were taken over by GII Fund.

Honor Electronics, acquired by GII Fund, will establish a mobile phone-related R&D laboratory in Europe, and these 60 technicians will enter this laboratory.

Finally, the GII Fund will acquire 2.514 billion shares of TSMC held by Philips for US$4 billion, accounting for 10%.

After Philips transferred this part of its shares, they still had 8.7% of TSMC shares left.

In this way, GII Fund became TSMC's second largest shareholder, second only to the largest shareholder at the time, the Taiwan Provincial Development Fund, which holds a 12.1% stake.

Philips, TSMC's former largest shareholder, has become TSMC's third largest shareholder, second only to GII Fund.

It is worth mentioning that TSMC is now listed in the United States in addition to Taiwan.

Each American depositary share they hold in the U.S. is equivalent to 5 TSMC shares.

After reaching an acquisition agreement with Philips, the GII Fund injected the mobile phone-related patents and technologies originally belonging to Philips into Honor Electronics, thereby greatly increasing the depth of the company's patent pool.

In addition, Barron also asked Honor Electronics' legal department to start applying for a series of patents around the world, including some appearance patents for future smartphones, as well as patents for operating methods such as sliding to unlock.

Generally speaking, it often takes a long time for this type of patent to be successfully registered from the beginning.

Just like in the previous life, Apple launched the first generation of IPHone mobile phone in 2007, but it was not until 2012 that some of their appearance patents and operation patents were approved.

In these aspects, Honor Electronics must apply for some relevant patents in advance, so as to avoid being sued by Apple using related patents after its own mobile phones are developed.


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