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After reaching its peak in the late 1980s, the country's dram industry began to decline rapidly from the early 1990s, heading for the beginning of decline.
Due to the failure to grasp the era of consumer-grade PCs, coupled with many unfavorable factors such as the US's eye-catching trade policy restrictions, and the appreciation of the yen, the cost of dram memory chip products in Japan remains high.
After experiencing the financial turmoil in 1997 and the bloody low-price competition in 1998, major Japanese-funded manufacturers finally couldn't hold on and quit the field of dram memory chip production one after another, ceding the market to competitors.
At the beginning of February 1999, due to the unbearable huge loss situation, Hitachi and nec merged their dram business, announced the establishment of Elpida memory, and operated independently.
In mid-March 1999.
Atlantic Business Machines Corporation launched the oppo brand mobile phone, which became an instant hit with its extraordinary style, joined the increasingly fierce competition in the mobile phone market, and pushed it to the market with a high-end image, mainly targeting high-end business people.
shortly thereafter
The world-shocking news came from Fuso that Toshiba sold its dram business to Atlantic Jinko Group, and has since completely withdrawn from the field of memory chip production.
Another big Japanese-owned factory fell, and sadly withdrew from this cruel market.
thereafter
The Wang consortium and the Mi-funded consortium behind the Samsung Group reached a tacit agreement. The two parties gave up price competition, took advantage of the recovery of the international memory chip market to regain blood, and seized the time to lick their wounds.
June 1999
Marvel Entertainment's "Fast and Furious 2" is a big hit at the box office. Since its opening, it has raked in 372 million U.S. dollars in the global box office, boosting the company's stock price to a scale of 10 billion U.S. dollars, ranking among the top seven Hollywood film production companies.
August 1999
The commercial blockbuster "Iron Man" produced by Marvel Entertainment hit the market, and the box office exploded after it opened in the United States.
Dominated the box office for seven consecutive weeks, the national box office grossed 470 million U.S. dollars, and the global box office raked in 830 million U.S. dollars, and the surrounding toy dolls were also sold like crazy.
This phenomenon-level performance made Wall Street people re-examine the frighteningly rich IP resources of Marvel Animation, and they couldn't help but be surprised.
? As if discovering a gold mine, huge investments are pouring in continuously.
Boosted the stock price to soar like a rocket, 20 billion US dollars, 30 billion US dollars, 40 billion US dollars, until it reached the peak of 47.6 billion US dollars in market value, and the soaring stock price of the rocket stopped.
September 1999
?Wang Yaocheng signed and agreed to the expansion plan of Carrefour supermarket chain and Pacific Appliances Mall in hundreds of cities and thousands of stores.
? Carrefour supermarket chain planning;
In three years, we will develop 72 hypermarkets and 1,000 stores with a business area of ??500 to 3,000 square meters. We will build a dense commercial chain network and seize the ever-expanding commercial retail market.
It is expected that by 2002, the Carrefour supermarket chain will have 200 hypermarket stores and 1,000 community stores, with a turnover of 160 billion yuan and a profit of 30 billion yuan.
?Planning of Pacific Home Appliances Shopping Mall;
?Utilize three years to develop 16 home appliance hypermarkets and 1,200 new stores, extend the sales tentacles to the county, expand the bargaining power with home appliance companies, and consolidate the leading home appliance seller in China.
November 1999
Huanghe Technology Group's first self-developed five-generation LCD screen production line has been successfully put into trial operation. Immediately afterwards, the group will set up a second production base in Jinling to put into operation the latest five-generation LCD screen production line to expand its market share.
December 12, 1999
HSBC re-listed in London and Hong Kong. After asset restructuring and value-added share expansion, HSBC¡¯s share capital has reached 10 billion. It is expected to issue 3 billion shares at an issue price of 6 pounds.
On the first day of listing on the Stock Exchange, the stock price rose by 24%. More than ten hours later, on the first day of listing on the London Stock Exchange, the stock price rose by 11.7%. This super heavyweight IPO issuance was a complete success.
The Wang consortium received 18 billion pounds (30.8 billion U.S. dollars) at one time, and the consortium's cash pool reached 56 billion U.S. dollars.
January 2000
Atlantic Business Machines wanted to acquire Qualcomm for US$9.7 billion. The management of both parties passed the merger agreement. At the last moment, it was urgently stopped by the US Department of Commerce.
The deal was cancelled, and Atlantic Business Machines compensated Qualcomm for $460 million, which was hailed as a failed marriage.
February 2000
Changjiang Technology Group acquired Dell Computer, which had already gone bankrupt, for US$130 million, and released new computer products under the Dell brand to participate in the competition in the computer market.
shortly thereafter
?Cheung Kong Science and Technology Group acquired at a price of 110 million US dollarsPurchased the Playboy brand of the parent company to produce consumer-grade home appliances and Playboy laptops and mobile phones to further strengthen the enterprise.
As a result, Changjiang Technology Group got rid of the role of a simple foundry and has its own world-renowned brand.
February 2000
Red Hat Systems acquired AMD with a price of 6.6 billion US dollars, and injected the company's assets and patented technologies to form Athlon microprocessors and amd microprocessors, as well as the Opteron (Opteron) processor product series for enterprise servers. Competing with the chip giant Intel, the market value climbed to the level of 87 billion US dollars.
Compared to Intel Corporation with a market value of US$505 billion, Red Hat Systems is about a quarter of the other party. Its products are widely used in Oppo, Dell, Fujitsu, Panasonic, Geli, Lenovo, and some Taiwanese brand computers, accounting for 67.2% of the market share. %.
Mid-February 2000
A big event happened in the field of DRAM. Due to the accusation of American personal computer manufacturers IBM and Gateway (these two companies have notoriously bad relations with memory manufacturers), the US Department of Justice filed a case in 2000 to investigate Samsung Electronics from 1999 to February 2000. , Atlantic Jinko, Hynix, Infineon, Micron and other companies in North America, conspired to control memory prices.
In fact, during this period, memory manufacturers lived extremely hard, that is, after the end of 1998, life became easier.
?Because of market factors, major Japanese-funded manufacturers have withdrawn from the dram field one after another, and there is a rare shortage of supply and demand in the market, which has caused the price of dram memory chips to skyrocket again by more than ten times, reflecting the distinctive characteristics of cyclical bulk products.
? Making money is faster than printing money, and I am so scared that I feel like jumping off a building when I lose money, and I wish I could chop off my hands, it is so amazing.
However, the U.S. Department of Justice made full use of its domineering market position. On the one hand, it imposed heavy fines on four non-U.S. manufacturers and imposed severe penalties for executives in prison.
In the end, Samsung was fined US$300 million, Hynix US$485 million, Atlantic Jinko US$625 million, and Infineon US$160 million.
Wang Yaocheng curiously checked the website of the U.S. Department of Justice;
In the past 20 years, the United States has invoked the Sherman Act to fine more than 10 million US dollars in 140 cases, and fined various multinational companies as high as 12.5 billion US dollars. Apart from admiring its hegemony, what else can we say?
Wang Yaocheng shook his head with a wry smile. The more than one billion US dollars should be fed to the dogs. From this, he also remembered the name of a company, that is the DRAM field, and the market competitor Micron.
This is a U.S-funded manufacturer with a lot of black history. It is the most active in blocking chip technology in mainland China, and it initiates patent lawsuits at every turn. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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