Extraordinary Genius

1472. Chapter 1472 is not bought (subscription)

Feng Yu is looking at the financial statements of the Bing City Machinery Manufacturing Group. Liu Chuanzhi called the phone.

“Old Liu, what?” Feng Yu asked casually.

At this time, it is definitely a matter for the Lenovo Group or Lenovo-Silver Mountain Corporation. If other sub-Corporation matters, Liu Chuanzhi and Zong Qingxian can basically decide.

“Chief Feng, do you remember, when I said I wanted to acquire IBM’s PC business?”

“Remember, isn’t the other party not willing to sell it? We all intend to pay with cash and stock, the other party still disagrees, how, you still want to buy now?”

With the acquisition of IBM, you can get some good technology, and you can get brands such as THINK, plus the other’s sales channels and factories, then the Lenovo Group will soon become the world’s PC industry’s production and sales, which is earlier than the previous generation.

But the downside is also that IBM’s PC business at this time has no profit at all, and even a lot of debt. And before the Lenovo Group wants to acquire, the other party will definitely take the opportunity to list some debts into the PC business unit to ease the overall debt ratio of IBM.

The focus of IBM’s work has shifted from hardware to software. Their PC division sold, but did not sell the entire hardware. Going back, they will be produced from the PC and become a design. This can reduce a lot of costs, and you don’t have to worry too much about the PC price drop and their impact.

At this time, the average selling price of PCs is IBM and Apple Corporation. Once PC prices fall again, they will seriously affect their profits, and even lose money if they are not good.

“Chief Feng, I really want to buy it, and this time the other party took the initiative to contact me, it sounds sincere. And the initiative is in our hands, talk about it should be no harm.”

Liu Chuanzhi has always been very enthusiastic about IBM’s PC business, and now the opportunity is in front of him, making him very difficult to give up. In his years, IBM was the world leader in the PC industry, Boss, or the leader of the entire IT industry, Boss.

It is very glorious to be able to acquire IBM, even if it is just a business.

Feng Yu reminded: “Lao Liu, have you always regarded IBM as the Boss in the world PC industry? Thinking of buying their business, it seems that we are rising, and there is a feeling of turning around and being the master?”

“Old Liu, you don’t want to buy IBM’s PC business, but I want to remind you that IBM’s PC business is no longer a leading Boss, and even they are not as good as us. Their products are old-fashioned and some patents are kept. There is neither authorization to go out to make money, nor to use patents to block other vendors.”

“Their PC business is going downhill. You have to see it clearly. Don’t think that IBM has a lot of orders at this time. After we take over, we will definitely make money. Think about it, many orders from IBM are the Government of the United States and Group orders for the Big Corporation. You recall, when our Lenovo made their own computer, did our Government also purchase IBM computers?”

“Open a backdoor program on the computer to monitor and steal information. Isn’t this impossible? Why do we have to make a Lenovo in our country, not for computer security? Is this not the case in the country?” When IBM’s PC business comes into our hands, do you think those Governments will continue to place orders with us?”

“Our acquisition, orders will be seriously shrunk. And IBM’s product design concept is completely different from the design of our Lenovo Group, they focus on office, we focus on entertainment. Although they have acquired, they can make up for our office The technical gap in computers, but how big can it be?”

“The most cost-effective way is to buy the technology we like in IBM Corporation. As for their factory, we don’t need it, they don’t need sales channels, we don’t need it now, they don’t need their brand. There are certain benefits to multiple brands, but there are certain disadvantages.”

“Remember I told you about General Motors? They are a lot of brands, too distracting, causing their propaganda not to focus, the links between brands are not enough, so sales and profits are falling, being Japan Corporation and European Corporation have seized the market.”

“We now use the series to differentiate product performance, which is enough for different user groups. It’s enough to buy new technology, upgrade our products, and then launch a new series. It’s no need to operate more brands, especially It is IBM that will not sell the entire brand to us, at most authorized use.”

“We sell products and also help them promote the brand. In this case, isn’t Lenovo a OEM supplier? And IBM is not IBM of the year. Although we don’t exceed them in terms of assets, we are no longer influential. Weaker than they are.”

“And with this PC business dragging them, we can catch up and surpass them faster! So my suggestion, do not buy IBM’s PC business, you can buy some of their patented technology. If you have to buy, then I don’t I agree to give the shares of the IBMLenovo Group, and I think our appreciation potential is even greater.”

After Feng Yu’s remarks, Liu Chuanzhi spent a long time. Yeah, why did he have to buy IBM’s PC business? Is there a kind of dream in the beginning? But IBM’s PC business is not as good as Lenovo?

I like IBM’s advanced technology, you can buy it, or take a step back, you have to authorize it, which is more cost-effective than buying it.

At first, IBM thought that there was a huge market in the United States, but if Lenovo acquired it, it is really possible that, as Feng Yu said, the orders of Government and Big Company are gone.

As for the IBM factory, Lenovo actually can’t see it. The old factory has low productivity and the wages of workers are not low. Lenovo has already built a plant in Brazil, and by the time the Americas will be supplied entirely by Brazilian plants.

In other words, the PC business unit, which is considered by IBM to be of great value, is of little use to the Lenovo Group. If the acquisition comes over, it will be distracting for the Lenovo Group.

Liu Chuanzhi understood this moment, IBM did not sell at that time, it felt that the profit was not bad. Now, if you want to sell it, it must be that the profit is insufficient and you may even lose money.

IBM is not a complete Lenovo, but a bag to Lenovo, or a heavy burden.

I figured this out, Liu Chuanzhi told Feng Yu that he knew how to reply to IBM.

The head of IBM’s PC business received a call from Liu Chuanzhi with a smile on his lips. After selling the PC business, he will be responsible for the server, and with this credit, he may still be able to raise his salary.

However, the words from the phone made him change his face.

“Miller, our Lenovo Group decided to give up the idea of ​​acquiring IBM’s PC business after research.”

What? Didn’t Lenovo buy it? !

……