"Mr. Huang, I hope that NVIDIA and 3dfx will handle the patent litigation between both parties as soon as possible in accordance with the law and market rules, compensate for the compensation, and authorize the authorization as soon as possible. We can go into battle lightly, compete fairly and legally, and make progress together. After AtIc controls 3dfx, we will not Affects the cooperative relationship between pGcA and Guozhi Computer Corporation and NVIDIA."
Sun Jian understood that if AtIc came forward to control 3dfx, NVIDIA's hope of becoming an industry hegemon was shattered, long-term interests were affected, and NVIDIA's stock price fell, and NVIDIA's investors suffered losses. Huang Renxun would definitely have complaints against him, and he would also have feelings in his heart. Grievance.
In the business world, the relationship between the two parties has the most reliable interests!
NVIDIA has become the dominant player in the industry, and Sun Jian is also the biggest beneficiary, but he disagrees with it from the bottom of his heart. Once NVIDIA successfully acquires 3dfx, it will occupy nearly 70% of the market share and master about 50% of the core technology of 3D graphics cards, Zhang said. If you lead Guozhi GPU Research Institute for a long time, the growth process will be more difficult.
In the previous life, after NVIDIA became the GPU overlord, it used core patented technologies to not only obtain high patent fees, but also set up core patent barriers to attack competitors. Finally, it was controlled by the US government and became an important tool to suppress the growth of domestic high-tech companies, banning Tianhe and Shenwei. Domestic supercomputers such as NVIDIA use the most advanced GPUs produced by NVIDIA.
No matter how powerful NVIDIA is, it is still an American company and America’s interests come first.
The transfer and sale of core patents by 3dfx to NVIDIA is market behavior, but the transfer and sale to Guozhi Semiconductor Group requires the consent of the US Patent Office and the US Department of Commerce.
3dfx’s authorization to Guozhi GPU Research Institute to use its core patents for free also requires the consent of the US Patent Office.
Leaving NVIDIA with a strong competitor will not only promote the continuous advancement of NVIDIA, 3dfx and global graphics card technology, but also provide the National Intelligence GPU Research Institute with opportunities for rapid development.
This is the underlying reason why Sun Jian agreed to AtIc’s holding of 3dfx.
"Mr. Sun, happy cooperation!"
Huang Renxun did not think of the underlying reason, but Sun Jian gave him a promise, and both parties benefited.
3dfx is one of the founders of 3D graphics cards. In 1997, it once occupied 85% of the 3D graphics card market share. Now it has 7 core patents in the industry. Even NVIDIA cannot get around it. 3dfx has also been sued by 3dfx in the district court twice. Both parties have also Five lawsuits have not been settled.
It is a market principle of the industry for global graphics card companies to license each other to use the company's invention patents for a fee. Which graphics card company has not been sued by other companies in court? The vast majority are settled out of court.
The U.S. Monopoly Law also prohibits a company from monopolizing the development of the entire industry by relying on core patented technology.
Once 3dfx is broken, NVIDIA is prohibited from using its 7 core patents. NVIDIA will have to develop its own research and development, which will not only cost a lot, but also affect the production and sales of existing products, causing heavy losses and hurting both sides.
The main purpose of Huang Renxun's acquisition of 3dfx was not only to obtain these seven core technologies and R&D teams, but also to completely resolve the patent litigation between the two parties.
Although AtIc will control 3dfx, in terms of economic benefits, NVIDIA is much larger than 3dfx. 3dfx accounts for less than 1% of Sun Jian's industry. It is just a holding, not an acquisition, and it is impossible to spend a lot of money and energy. With him Mediation can completely resolve the patent litigation between both parties.
NVIDIA's graphics card chips are produced by pGcA, but the manufacturing of graphics cards is left to major manufacturers such as Diamond, Gigabyte, Innovation, and Elsa.
Not many outsiders know that pGcA purchased this 180n process semiconductor production line to prepare for GeForce3 and GeForce4 developed by NVIDIA and Voodoo5 developed by 3dfx.
pGcA currently produces RivatNt2, GeForce1 and GeForce2 chips for NVIDIA on the 250n process semiconductor production line, and V for 3dfx.
oodoo3 and Voodoo4 chips.
In August last year, NVIDIA had just launched GeForce1, and while the market was still waiting to see, Sun Jian went to NVIDIA in person to congratulate him. From Huang Renxun, he booked 100,000 yuan for Guozhi Computer Company at a wholesale discount price, which will be used in the Himalayan high-end desktop. It became the first computer company in the world to purchase this graphics card for computers, laptops and supercomputers, and also obtained a production order for this graphics card for pGcA.
Launched on October 9 last year, GeForce1 is priced at Japanese yen, equivalent to 1,900 yuan.
NVIDIA has opened a new era of display chips, and GPU has become another important computing unit in the computer that is independent of the CPU. Since then, NVIDI has become the number one in the GPU field and has occupied most of the market share in the field of visual computing.
In 1998, there were no less than 50 companies engaged in graphics chip development in the United States, and competition was fierce. Among the world's eight largest graphics card companies, including Intel, SiS, atrox, AtI, 3dfx, S3, and trident, Wukong Angel Investment Fund invested in AtI, 3dfx, Nvidia and other three companies, although the Guozhi Graphics Research Institute led by Director Zhang Hexiong still has a lot of gaps with these eight companies.
Huang Renxun publicly stated that NVIDIA will surpass Moore's Law. The product will be upgraded every 6 months and its functions will double. This speed is equivalent to three times of Moore's Law.
In the past life, as the lithography machine industry was blocked by the 65n process technology, the 90n process technology lithography machine was the most cutting-edge, and Intel and Ad's CPU upgrades were also forced to stagnate.
It is also the obstacle of the 65n process technology that has extended the replacement time of Moore's Law from the theoretical 18-24 months to 3-4 years.
This is a historical opportunity for Guozhi CPU Research Institute to catch up with Intel and Ad, and bSEc Lithography Machine Semiconductor Research Institute to catch up with GcA and Nikon. Sun Jian will not let the 193n immersion lithography machine come out in advance.
Although the palms and backs of his hands are full of flesh, Sun Jian is more concerned about the development of bSEc. GcA is an investment product.
On June 30, 2000, NetEase was officially listed on Nasdaq. (NASdAq:NtES)
The issue price was US$15.5, 4.5 million shares, with a maximum of US$17. It fell to US$10.75 during the session, and closed at US$12.16 at 4 p.m., a drop of 20%.
On June 29, 2000, NetEase was listed on Nasdaq. When NetEase went public, it happened to encounter the burst of the Nasdaq bubble. The Nasdaq index fell from the highest point in 2000, 5048 points, to the lowest point of 1114, a drop of 78%.
NetEase's stock price has plummeted from 15.5 when it was listed, to as low as 0.48, a drop of 97%. Its market value also dropped from US$470 million when it was listed to less than US$20 million.
But in April 2002, Duan Yongping and his then-wife Liu Xin bought 1.52 million shares of NetEase (a total share capital of 30 million shares) in the open market, accounting for 5.05% of NetEase's total share capital.
Later, Duan Yongping continued to increase his holdings of NetEase shares to 2.05 million shares, accounting for 6.8% of NetEase.
NetEase's valuation at that time was indeed very cheap. A company with a market capitalization of US$20 million had approximately US$60 million in cash at the end of 2001.
Its net assets are US$67 million and its liabilities are only US$14 million (of which bank loans are US$10 million).
NetEase's revenue increased from RMB 28 million in 2001 to RMB 38.1 billion in 2015, an increase of 1,360 times. Its net profit in 2016 reached RMB 11.6 billion, which was 72 times its market value in 2000.
If you had bought NetEase stock for $50,000, it might have become $100 million now.
