Chapter 165 Heading to Toshiba Group



Li Yuanbin also smiled and nodded, and waved to Ming Jingnan.

Park Seol-yoon opened the car door for Lee Won-bin, and the two got in the car and left.

Looking at Ming Jingnan who was gradually leaving her sight, she blinked her charming eyes, thought for a while, and walked into the house with her mobile phone. She also had to go and take care of her own things.

The other side.

Sitting in the car, Li Yuanbin looked at the green trees outside the window, thinking about the specific information about Toshiba Group in his mind.

Toshiba is a well-known multinational enterprise group with a history of 130 years. Its business scope is extensive, involving digital products, electronic components, social infrastructure construction, home appliances and other business areas, covering almost every aspect of production and life.

Toshiba also has the largest research and development facilities in Japan. Its unremitting innovation and development have enabled Toshiba to always be at the forefront of world science and technology.

In the field of machinery, in the late 1980s, Toshiba Corporation sold four nine-axis five-link large CNC propeller milling machines to Su Xiong through a "substitution operation", and was sanctioned by the "Paris Coordination Association", a group of developed countries led by the United States.

The reason for this was that Toshiba's milling machines could significantly reduce the noise of Soviet nuclear submarines, rendering American sonar inaudible. This milling machine, utilizing a sophisticated algorithm and precise control system, could perform mathematical modeling and high-precision machining of complex surfaces. At a time when control theory and technology were still relatively immature, this technology was considered cutting-edge globally, demonstrating the strength of Toshiba's machinery.

Toshiba is also very powerful in nuclear power. At that time, the world's nuclear power standards were set by Westinghouse Electric Company of the United States, which also provided nuclear power equipment for American aircraft carriers.

The final result was Toshiba's acquisition of Westinghouse Electric. While Toshiba thrived on nuclear power, it ultimately fell to the point where it was forced to divest its flagship flash memory business.

Thinking of this, Li Yuanbin sighed and could only say that it was fate!

However, Li Yuanbin still felt a little fortunate. If Toshiba Group had not suffered huge losses in its nuclear power business at Westinghouse Electric in the United States, how could Toshiba Group sell its flagship flash memory business? If it had not sold the flash memory business, how could Li Yuanbin have taken it over?

In other words, all of this is related, so Lee Won-bin does not feel sorry for Toshiba, he is only happy for his own future!

Some people may ask, why is Lee Won-bin so confident that Toshiba will sell Toshiba Memory Group to him?

This brings us to a major incident that happened at Toshiba two days ago: a power outage at a semiconductor factory and the suicide of a semiconductor employee.

These two incidents can be said to have dealt a heavy blow to the crumbling Toshiba Group, knocking it to the ground and making it unable to get up for a long time.

Considering its current situation of being insolvent, Toshiba Group easily accepted the invitation from Kering Group's Lee Won-bin. This time he went to Toshiba Group for this matter.

Although nearly all Japanese people hoped that another Japanese company would acquire Toshiba's semiconductor business to maintain the company's last remaining glory, the embarrassing thing was that despite Japan's strong support, not a single Japanese company expressed interest in the initial round of bidding.

The person who wanted to acquire Toshiba the most was Terry Gou of Foxconn Group, who offered the highest price of 3 trillion yen. However, Terry Gou had a bad "precedent". When he acquired Sharp, he used various means to lower the price of Sharp from 489 billion yen to 388 billion. So this time Toshiba really did not want to sell to Foxconn.

However, even if it is not sold to Hon Hai Group, most of the companies that have the real ability to acquire Toshiba Semiconductor are foreign-funded enterprises, and the possibility of Japan retaining Japan Semiconductor is very slim.

Even though there is a rumor from America across the ocean that a consortium led by Bain Capital will arrive in Japan next month, Toshiba Group itself does not know whether it can hold on until then, so the top management of Toshiba Group has been in dire straits in recent days.

What's more, this is just a rumor, and no one knows whether it is true or not. The senior executives of Toshiba Group are not so stupid as to pin the future of their company on a piece of rumor!

At this critical juncture, Kering Group, which was located on the neighboring peninsula, suddenly called and said that their chairman had arrived in Japan and hoped to acquire Toshiba's semiconductor business. The top management of Toshiba Group was overjoyed and quickly agreed to meet.

Toshiba Group has certainly heard of Kering Group, which has the title of "the rising rich man on the Peninsula". A little investigation will reveal the "tycoon"-like deeds that Kering Group has done in the Peninsula and the United States.

After a more careful investigation, Toshiba Group found out that Kering Group was the third largest shareholder of Cosmo Oil, one of the giants in the Japanese oil field, and had no objection to meeting Li Yuanbin.

After all, Cosmo Oil is considered a Japanese oil giant, and Kering Group has taken off with great ambition and is extremely wealthy.

Strictly speaking, Toshiba Group's sale of its semiconductor business to them is not considered a sale to a foreign company...

Cough cough cough...

This gave the Toshiba Group's top executives an excuse to explain themselves when questioned by their own citizens...

Therefore, when Toshiba Group learned that Kering Group was interested in acquiring Toshiba Group's semiconductor business and wanted to join the sale, it was inclined to do so.

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