Mederon is a professional sensor manufacturing company.
Their sensors can be used for almost anything that flies in the sky, runs on the ground, or swims in the sea.
Xing Baohua approached them mainly to customize several infrared sensors, light sensors, etc.
It is mainly used in consumer-grade electronic components such as mobile phones, digital cameras, and webcams.
After the MINikon technology department was established, it began developing accessories for these electronic components.
Having gone through so much trouble to acquire Nikon, we need to produce some high-tech products.
The next day, Xing Baohua, accompanied by his secretaries, arrived at Meidelong Electronic Technology Company, where their president had been waiting for a long time.
A group of directors and senior executives waited in other rooms as if facing a formidable enemy, eager to know the purpose of Xing Baohua's visit.
If an acquisition is mentioned, they will all resist. While the scale isn't as large as Nikon's, it's also not as complicated. Xing Baohua really wants to force the issue.
They gave Xing Baohua an empty shell, transferred the core industry, and started a new business.
This is the conclusion they reached after a night of meetings.
They won't leave Xing Baohua a single penny of anything useful.
Xing Baohua's several actions targeting Japanese companies are quickly provoking public outrage.
Xing Baohua reviewed Meidelong's existing technological achievements and then proposed the technology he wanted.
They asked if the other party could design and manufacture products for Nikon.
The president of Meidelong was a little stunned. They weren't there to acquire him; instead, business was being offered to them.
Since they're here to give us money, let's take the job first, regardless of the data requirements.
He patted his chest and said it was no problem.
Besides the light sensor, there is the infrared sensor, which is also divided into near-infrared and far-infrared.
These two types of far-infrared and near-infrared are also divided into primary and high-level infrared.
We often see low-level examples like urinals, which use infrared technology to automatically flush.
The same principle applies to handwashing sinks.
Xing Baohua requested infrared imaging technology. This involves infrared night vision technology, which already exists.
It's quite large and still has military applications. Many tanks are equipped with this device, and it's also used in night vision goggles by special forces.
How to adapt it for civilian use is something that these R&D companies need to figure out.
Xing Baohua only suggested its use in webcams, digital cameras, camcorders, and mobile phones.
The size of the sensor chip is also very important. Since the chip is only responsible for processing digital signals, the sensing and transmitting ends of other components are also reduced in size.
These are all complete sets of equipment, consisting of hundreds of small parts.
Xing Baohua would first have the other party manufacture it. If the manufactured product was suitable and usable, Xing Baohua would acquire the relevant patents.
Then it is integrated into professional equipment, reducing unnecessary parts.
In other words, one processor is enough for one machine, and there is no need to add more processors. This saves space and reduces a lot of duplicate components.
With the technology developed, later integration becomes much easier.
Xing Baohua came to place a one million US dollar order with the other party, which includes research and development and production of samples. If the results are successful, the one million US dollar research and development fee will just be a deposit.
Of course, Xing Baohua also said that he would provide the funding, the other party would provide the results, and the patents would be shared with Nikon.
The other party didn't agree; they're not stupid, are they?
The one million deposit will only be converted into an order. The product price will be discounted at that time.
Patents are their foundation. If Nikon doesn't want them, they can sell them to Motorola or Canon; they're never short of buyers.
After reaching an agreement with Meidelong, Xing Baohua led the group out, only to encounter a group of media personnel.
They started snapping photos of Xing Baohua randomly.
The guards blocked these people and urged Xing Baohua to get into the car quickly.
Some of them used tongue-twisting Chinese to ask Xing Baohua to say a few words.
He said to his secretary, "Go and ask what happened?"
He was completely bewildered. Why did more than a dozen media outlets come to ask him something?
A short while later, his secretary returned and reported to him, "These are people from financial news outlets and Asahi Shimbun. They mainly want to ask you whether Midea Group intends to acquire their company, and what other acquisition plans they have besides this one."
"Do you think it's necessary to answer?" Xing Baohua asked.
"It's necessary. After all, Nikon is a listed company and needs some publicity and public announcements to keep shareholders and investors informed about the company's progress," the secretary replied.
“Alright, you can tell them to hold a press conference at headquarters, and I will give a unified response,” Xing Baohua said after thinking for a moment.
The media came very suddenly. Since they're here, let's use their channels to make our voices heard.
For no other reason than to make a grand promise to let them know that Xing Baohua meant well.
Back at the company, Xing Baohua first went to her office to rest, while her secretary and the people from the administration and publicity departments hurriedly set up the venue.
More than half an hour later, the reporters were finally allowed to enter the venue, and they waited for Xing Baohua for another ten minutes before he finally arrived.
Xing Baohua sat in the middle of the conference table, with his secretary on his left taking notes and his head secretary acting as the head of the group.
To prevent some unscrupulous media outlets from taking Xing Baohua's words out of context, the publicity department set up a camera to record the entire process.
Xing Baohua patted the microphone on the table and said, "I'm very happy to meet with friends from the media here. If you have any questions, please ask. I'm a bit short on time."
After Xing Baohua finished speaking, his secretary translated.
Many people raised their hands, and Xing Baohua randomly picked one person, who still asked if they wanted to acquire Meidelong.
"I had no intention of acquiring Meidelong; I just went there to discuss cooperation and customize some products."
After he finished speaking, someone else quickly stood up and asked, "Chairman Xing, now that you've forcibly taken over Nikon, can you manage this excellent company effectively? What are your future operational plans?"
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