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Chapter 127 [Start to buy, buy, buy (2/4)]

The two sides quickly reached a strategic cooperation agreement, and the conditions for Luo Sheng's opening were almost impossible to refuse. The board of directors and North America approved the investment issue. This investment amount cannot shake and affect Corning as a whole.

The $80 million investment form is completed by the two parties establishing a joint venture, and the factory is built in China. For Corning, the joint venture is dominated by Corning, and the customer is in China, and the cost of investment and construction of factories is low. No matter what perspective it is to judge this is the best choice.

That of course.

Moreover, Corning Company had entered the Chinese market as early as 1990 and had been working in this market for more than ten years, and the joint venture factory building has also become very smooth.

However, the establishment of the production line is not fast, and Luo Sheng is in a hurry to get the goods. This joint venture factory actually has to be delayed until three years before the production line can be built. However, in the long run, it is better to build a joint venture in China.

At present, the $80 million investment does not require the production of mobile phone glass in China, but Corning still has to reopen its North American production line.

Fortunately, Luo Sheng has a large demand, and the signing of the agreement has allowed Corning to seize both hands without worries.

It has to be said that Corning's King Kong Glass does perform very well in resisting collisions, drops and scratches.

The cooperation negotiations with Corning were unusually smooth, and Luo Sheng left a group of six or seven-person legal teams to negotiate with Corning and handled all subsequent issues.

He won't stay here for a few weeks. Time is precious and the general direction is agreed upon. Leave the following issues to his subordinates.

Once this matter was finalized, Luo Sheng focused his work on Blue Star Technology in the next time. In short, it is highly summarized to buy, buy, buy!

The last time I came to the United States, I asked Wall Street for money, but this time I came to the United States, I spent money crazy.

...

At noon the next day, Luo Sheng and Qin Weimu had lunch together in the hotel suite living room.

"At your request, I have compiled a related content about the game industry. This data is a market statistical analysis I conducted when stocks are listed on the public."

In the living room, Luo Sheng poured two cold drinks. Under the carefree seat on the sofa, Qin Weimu, who was sitting next to him, took out a document from the briefcase he brought over.

You have to do your homework before going to buy and understand the general situation of the market.

When talking about work, Qin Weimu immediately showed clear logic, capable and focused side, and immediately said:

"In the past year, the total market value of several leading game companies in the world has increased by about 7%. I mainly analyzed the changes in the market value of the three major game companies from the first quarter of this year."

"One of them, Nintendo's market value has increased the most. In the case of unexpected situations, it relied on NDS handheld consoles to cause a super whirlwind to make a big profit in the world. The stock market value rose by 15% to reach US$18.5 billion, becoming the world's largest pure game manufacturer. The original largest pure game company EA, due to its poor performance, saw its stock market value drop by 17% in one go, falling to US$16.1 billion."

"After experiencing a sharp decline in market value, Sony also rebounded to a certain extent last year, with its market value increasing by 7%, reaching US$36.974 billion; Microsoft's market value has only increased by about 1%, and currently has reached US$288.386 billion. However, these businesses such as Microsoft, Sony, and Vivendi Global Group are not only the gaming industry."

Speaking of this, Qin Weimu paused for a while. She drank a small sip of the drink, then looked at Luo Sheng who was browsing the documents, and continued to report:

"Data shows that the hardware provision of the game industry is not bad, but software content developers are happy and sad. Sci Eidos merged with Nangong Meng and its market value has increased significantly. In addition, Sega, Thq and Ubisoft have both increased by about 30%. The fastest increase in market value is midway. Since the boss of media giant Viacom took it into his pocket, the company's market value has increased from US$843 million to US$2.06 billion, an increase of about 144%. The company was once rumored to have financial difficulties last year."

Qin Weimu fully demonstrated her sensitivity in data in her speech and conversation, which is also due to her professional qualities.

"But the worst is Atari, which currently has a market value of only US$154 million, while in February it still has US$330 million, which is almost half-cut in a short period of time. As for the take-two company you are concerned about, it is also in a difficult time, with a stock market value falling by 24%, and its current market value remains at around US$1.276 billion."

"The overall market value of the global game industry has increased by 7%, from US$58.5 billion to US$62.6 billion. However, my analysis believes that such growth momentum is still lower than expected. Data shows that the sales of the game industry in the first half of last year significantly exceeded most people's expectations, while the second half of the year is exactly the opposite. The main reason should be that during the gold commercial season in November and December, the sales of the game were much lower than expected."

After a few minutes, Luo Sheng read the data report she compiled, and couldn't help but nodded and boasted without hesitation: "My sister Mu is amazing. She can actually sort out such a detailed material on the current situation of the industry in one night."

Luo Sheng immediately turned his head and glanced at her: "Have you stayed up late?"

Qin Weimu shook his head and said lightly: "No, it won't take much time for me."

Luo Sheng didn't believe her words at all, and retorted: "Don't be stubborn. I don't see you, how can you put on makeup? This time your eye makeup is much thicker than usual, and you are a little mentally poor. I yawned when I just reported it."

Qin Weimu said stubbornly: "What kind of makeup does it have to do with this?"

Luo Sheng immediately said, "The loading and unloading is here. Let's make a bet to see if there are any panda eyes. Don't dare to say anything? Haha, we are also meticulous people... If you can't be busy, you will hire a few men to deal with it. From now on, you are not allowed to stay up late to work, otherwise I will not spare you. You are mine, so I have the final say."

Hearing this, Qin Weimu turned his head away and did not respond to him or refute him, but deep down he felt sweet because of his domineering remarks. He whispered and smiled sweetly.

Although my heart kept reminding me that the sweet words of men were all different intentions, I just liked them, and the feeling of being cared for was wonderful.

...

In the afternoon, Luo Sheng met with Take-two's founder Ryan Blunt as promised. This game company may not be very famous for most players, but its subsidiary Rokstar Games is different. The game production company commonly known as "R Star" by players is already well-known in the industry. Among the company's works, the "Grand Theft Auto (GTA)" series is the most famous.

Luo Sheng would never doubt that when he was interviewing Ryan Blunt in New York, there might be many people in a domestic Internet cafe playing the game "Grand Theft Auto".

This year is not very friendly to take-two, and it can even be said to be a very bad year. The company's stock price plummeted by 24%, all of which have huge reasons for having acquired "R Star" company.

In 1998, take-two acquired bmg, and "R-star" was born. The following year, "GTA2" was released. Not only was it unsuccessful, but it was criticized by the media because of the violence of the game content.

However, with the transformation of the "gta3" trilogy, the market response of "gta3: New York" in 2001 was a great success, and the development of the sequel naturally did not stop. Soon in 2002, "gta3: Sin City" arrived, which brought a better physics engine and more vehicles this time. The protagonist's image of the floral shirt is probably something that many players are impressed by now. This time, "r Star" has achieved greater success.

Soon, "Gta3: San Andres" was released last year. This time the game map was larger and there were more custom content, and naturally there were many praises. However, the outbreak of the famous "Real Hot Coffee" incident brought a huge crisis to R Star, and even the parent company Take-two was affected. This crisis has not been successfully overcome so far.

The so-called "hot coffee" event is the name of a patch. A French player discovered that the game contained patches made after hidden plots.

If you don't patch it, after the girlfriend in the game's favorability to you (player) increases by a certain value, she will ask you if you want to go into the house to have a cup of coffee. After entering, they will naturally have sex with each other, but the player's picture can only be seen outside the house and listen to the sound.

Range, after downloading this patch, you can enter the room and operate it...

It can be said that take-two is now in trouble, and its market value has dropped from US$1.67 billion to US$1.276 billion. This is the best market feedback. For Luo Sheng, this is the perfect time to include take-two.

...
Chapter completed!
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