Chapter 407 The new pattern of the semiconductor industry
Some of the companies around the world that are gritting their teeth and launching 12-inch wafer fab plans include Fuso Elpida, Micron, TSMC and Infineon, all of which have strong government support.
Thinking of this, Li Jianxi poured another glass of sake and drank it in one gulp. After drinking several glasses of wine in a row, he couldn't stand still and his body shook uncontrollably.
at this time
A workplace beauty opened the door and came in and saw this scene. She was Park Yunjing, secretary to the group president. Upon seeing this, she quickly walked up and supported the shaky Li Jianxi:
"Your Excellency, President, you...you drank, which is really worrying!"
"It's Yunjing, I'm fine."
"You drank so much, how about... I'll send you back. You need a good rest."
"Uh... ok, trouble."
With the support of the female secretary, Li Jianxi walked along the corridor to the elevator entrance. Park Yunjing quickly pressed the elevator button...
Downstairs of Samsung Building
The female secretary helped the swaying Li Jianxi into the special car. She looked worriedly at the red-faced president and pushed the door open.
"President, are you okay? Do you want to call a doctor?"
"No... no need, just go back and sleep for a while, please Yunjing."
"Okay then, please be careful along the way."
The black car drove away in a hurry. Park Yunjing stared blankly at the car driving away, her heart filled with worry.
She knows:
President Li Jianxi has been under too much mental pressure in the past two years. Faced with the aggressive competition from the Wang Group, the president has been deliberately looking for ways to break this deadlock.
Can……
Park Yunjing sighed slightly. As a humble secretary, what can she do?
this scene
In the car in the night not far away, Li Zaiyong, who looked like a wolf, saw everything in his eyes, and coldly squeezed out three words from his mouth: "Smelly bitch!"
November 30, 2001
The U.S. market was shaken by thunder, and Enron, one of the top ten energy giants, was exposed to a profit fraud scandal, which shocked the global financial community.
actually
Since the beginning of 2001, some accountants have questioned Enron's profits. Under Enron's powerful crisis public relations, the truth has always been concealed.
By June, there were constant voices questioning Enron's accounting fraud, which attracted the attention of relevant U.S. government departments and began investigations.
At this point, Enron's financial fraud can no longer be covered up, and the explosion of this shocking thunder is inevitable.
As the seventh largest US$100 billion company in the Fortune 500 in the United States, Enron's operating income reached US$100 billion in 2000, making it an undoubted behemoth in the energy industry.
The revelation of this shocking scandal has brought heartbreaking harm to ordinary investors.
Enron's market value plummeted from hundreds of billions of US dollars in early 2001 to 200 million US dollars, and hundreds of billions of market values were evaporated amid the scandal.
All of this money was the hard-earned money of investors, and the resulting anger was as uncontrollable as a tide and quickly swept across the United States.
Shenzhen City
Wang Yaocheng put down the newspaper in his hand and sighed softly: "This year has been really troubled for the Americans!"
After saying that, he picked up a piece of steamed chicken feet with black bean sauce and gnawed it to relieve his slight sadness.
Then
Wang Yaocheng drank another half bowl of pig blood porridge, ate a bowl of shrimp dumplings, half a plate of steamed ribs with black bean sauce, a few fragrant durian cakes, a bowl of soup dumplings, seafood siomai, and finally drank a bowl of fish fillet porridge.
Put down the chopsticks.
He picked up the Tieguanyin tea with a comfortable expression and took a sip to relieve his tiredness.
Secretary Luo, Ren Zhengfei, Yi Xiaodi and others sitting next to them had already finished eating. Seeing this, they looked at each other and suppressed the smiles in their brows.
"Chairman Wang, the United States is the base of your business, aren't you worried at all?"
"What Secretary Luo said is not correct. China is my root. I deeply sympathize with the misfortune of Americans, but we have to live our lives, right?"
Wang Yaocheng spread his hands helplessly, looking like he was heartbroken, but he didn't look sincere at all.
"I believe your lies!" Secretary Luo said with a smile, "You have a good appetite! If you catch me treating you, you will eat as much as you can. The two of us together can't eat as much as you."
"Secretary Luo treats us to a guest. This honor is not given often. Of course we have to fill our stomachs!"
Secretary Luo smiled when he heard this: "If a big boss like you comes here often, I will treat you to dinner every day."
"Wow, Lao Luo, this Hong Kong-style morning tea is not cheap. Are you corrupt?"
"Are you mistaken? Treating you to dinner every day is corrupt. I am over 50 years old and have worked for more than 30 years. It is strange that I have little savings. Don't look down on people, okay?"
"OK, I said the wrong thing."
Wang Yaocheng raised his hands in surrender. Ren Zhengfei, Yi Xiaodi and others beside him did not laugh, but sat with a very upright attitude.
The big boss is joking with government leaders, and it's not his turn to get involved.
Secretary Luo took a sip of tea and said with emotion: "No kidding, the Wang Family Foundation launched a large-scale charity campaign this year, and the Guodong Foundation and the China Nursery Charity Fund invested more than 7 billion in charity in a year.
Moreover, every year, such large-scale donations are invested in education in poverty-stricken areas in the central and western regions.
In this regard
From the central government to the local governments, it was inexplicably shocking. They all received unanimous applause and endless praise.
This huge donation has greatly improved the educational situation in the central and western regions. It is a great thing through and through!
My hometown is also a central province. Among the recipients of donations, the poor people in the mountainous areas of my hometown have benefited a lot.
I want to say, thank you very much."
After speaking, Secretary Luo stood up solemnly and bowed.
Wang Yaocheng moved very quickly and quickly supported Secretary Luo before he could bend down:
"Secretary Luo, I'm so embarrassed. I'm ashamed of myself."
"I am a disadvantaged group receiving donations on behalf of my hometown. I sincerely thank you!"
"No, let's sit down and talk."
"All right."
Both sides sit down
Wang Yaocheng said with emotion: "The country has also given many honors. My mother was elected vice president of the All-China Women's Federation, and my wife won the May Day Labor Medal and was elected vice president of the All-China Democratic League. These are very high commendations. We continue to do charity.
We will continue to increase our efforts to donate sports facilities and libraries to key universities across the country, as well as computer equipment and scientific research equipment, and are committed to deepening education."
Secretary Luo was very appreciative and nodded and said: "I heard that you donated all the Hong Kong Harbor City project and used the annual rental income for charity, which is worth up to 100 billion Hong Kong dollars. It is really a big deal!"
"Philanthropy is a noble cause that lasts. Giving back to the motherland is our original intention. We are all Chinese children with black hair, black eyes, and yellow skin. This will never change."
"It is with patriotic overseas Chinese like you that our country will have more hope for the future."
"Thank you for the compliment, hahaha..."
The two looked at each other and laughed. Some of Secretary Luo's words were spoken on behalf of their superiors, conveying their sincere gratitude.
Wang Yaocheng knew this very well and did not say anything. His attitude was also straightforward and sincere. He hoped that these words could be conveyed to the higher authorities.
He has always carefully kept a distance from above and never approached actively.
That's because
As an international enterprise, if the Wang Consortium gets too close, these things will definitely be blackmailed by European and American media in the future, exaggerating the red color of Wang Yaocheng.
A wise man will not take advantage of a hundred harms without a single benefit.
The current environment is relaxed, but it does not mean that we will not settle accounts afterwards.
Today, when developed countries in Europe and the United States have the right to speak in the world, the mainstream of public opinion has never given up on smearing China. The best strategy is to avoid things.
We have clearly seen this above, and everyone is well aware that everything takes economic development as the core and develops in a tacit understanding.
"Brother Yaocheng, I heard that your consortium will invest heavily in Malaysia in the near future. Is this true?"
The change in Secretary Luo's title from Chairman Wang to Brother Yaocheng is very subtle.
It means that this is a private chat between friends, you can answer it or not.
"Secretary Luo, the consortium is an international enterprise, and international layout is inevitable, right?"
"Haha, our Shenzhen market is confident that it will do better than Malaysia. Have you considered continuing to increase investment?"
"There are also many large projects in the second phase of the Atlantic Project. The investment scale of the 12-inch wafer fab alone has reached 12 billion US dollars, and there is also the world's top fifth-generation LCD production line. Isn't this enough to satisfy the appetite of the Shenzhen market?"
"Who would think that development is too fast! If land for construction is needed, our government will definitely work hard to solve it."
"Haha, considering the global layout of international companies, the construction of two eight-inch production bases in Malaysia is a must-do strategy. I can only say I'm sorry."
Wang Yaocheng refused very simply, and Secretary Luo had no choice but to regret not mentioning it again.
Looking out from the bright glass windows of the Peninsula Hotel's Hong Kong-style tea restaurant, the towering Twin Towers, the world's tallest, have been topped out, showing their majestic appearance.
this……
It is the highest skyline in Shenzhen City. It is located in the prime location of Shennan Avenue and becomes the king of rows of high-rise buildings, overlooking all living beings.
This silent power and magnificence made almost every leader who visited Shenzhen City blush when they saw it.
Too greedy.
After the relaxed meeting with Secretary Luo, Wang Yaocheng took his senior executives and President Ren Zhengfei to inspect the Future Science Park.
sitting in the car
Looking at the busy traffic on the broad Shennan Avenue, skyscrapers piercing the sky, everywhere is full of prosperity and vitality.
Wang Yaocheng really felt the restlessness of China's economy. This sleeping dragon had awakened and was about to take off.
The layout of the eight-inch wafer production base in Malaysia is the result of the consortium’s careful demonstration.
Many senior executives in the consortium are from Europe, America or Hong Kong and Taiwan. Needless to say, they have a certain degree of fear of the red giant China.
Mr. Zhang Rujing, president of Atlantic Jinko Group, also believes that the group can diversify its production bases and deploy production bases in Southeast Asia or Taiwan.
Wang Yaocheng did not object to this, but voted in favor.
Today is completely different from the original history:
Taiwan's semiconductor companies were suppressed by Atlantic Jinko and were out of breath. Their strength reversed, and they were always struggling on the edge of life and death.
Even TSMC, a major memory foundry, is also having a hard time.
Since the cost is much lower than that in Japan and South Korea, after the depreciation of the fab equipment is completed, there is still a slight profit.
This number is pitiful and cannot support the next large-scale expansion and heavy investment in the 12-inch wafer fab project.
Therefore, TSMC’s 12-inch wafer fab project is still on the blueprint and has not been implemented.
today's world
Only Atlantic Jinko Group is expected to put into operation a 12-inch wafer fab in early 2002.
Other major manufacturers have different progress.
Only the Japanese-owned Elpida is moving fastest. With the support of large government subsidies, it has officially started the 12-inch wafer fab project and plans to put it into production in 2004.
US-owned companies Micron and Intel are even slower. I only heard the sound of the stairs and no one came down.
Both TSMC and Infineon are still on the drawing board, and the specific funds have not yet been implemented.
Samsung, on the other hand, is seeking government support without even a hint of horoscope.
Mr. Zhang Rujing, President of Atlantic Jinko Group, while proud, also hopes to merge with Taiwanese companies and drive the development of Taiwan’s semiconductor industry.
For Mr. Zhang Rujing:
The mainland and Taiwan are both hometowns. They are both descendants of the Yan and Huang people with black eyes, black hair and yellow skin. Their palms and backs are all flesh.
When the mainland's semiconductor industry was lagging behind, he wanted to help the mainland.
Nowadays, Taiwan's semiconductor companies are lagging behind. He wants to help Taiwan, and he just has an innocent heart.
It is precisely because Wang Yaocheng knows this that he will not stop it.
However, due to Taiwan's policy, it is not feasible for Atlantic Jinko to acquire Taiwan's semiconductor companies, and there are obvious policy obstacles.
Look at it from another angle
Establishing a Hong Kong-funded independently accounted wafer production company in Malaysia and acquiring semiconductor companies on the island can be smooth.
Although the eight-inch wafer fab technology has fallen behind, it is still popular 20 years later, and it naturally has its own reasons for survival.
In the field of chip production, the more sophisticated, the better.
In the field of application chips, there are also mid- to low-end product series, such as power supply, automobile, IC, lighting, household appliances and other mid-to-low-end field application chips. The backward process technology can meet the demand. The lower the cost, the better, and the lower the price, the better.
.
Too advanced process technology and too advanced CPU products often mean extremely expensive prices, which these mid-to-low-end chips cannot afford.
This means that even 20 years later, eight-inch wafer fab products are still in short supply because the depreciation of production line equipment has long been accrued. As long as labor, water and electricity are paid and very little cost, cheap application chips can be mass-produced.
Since this backward equipment has long been eliminated, the number of eight-inch wafer fabs will only decrease, not increase. Instead, it will become a mess.
Therefore, Wang Yaocheng has no objection at all to investing in backward production capacity. The more the merrier.
We can only produce backward products. After all, the investment is small and we can make money for a long time, and the water will flow steadily.
You can also suppress the production capacity of your competitors. It's such a big piece of pie. If I take one more bite, you will take one less bite. Even a fool can calculate this.
The current situation is:
The large Japanese-owned factories produce more and suffer more losses, turning into monsters that bleed endlessly. They only rely on the government's investment in breastfeeding, and the rabbit's tail cannot grow.
South Korean-owned Samsung Semiconductor has only meager profits and is on the edge of loss and profit. It may fall into the abyss at any time, and there is little enthusiasm for large-scale investment.
Due to their cost advantages, Taiwan-funded manufacturers can still make small profits for the time being. Unfortunately, government support is also very weak, and the situation will be worrying in the long run.
After all, US-owned manufacturers such as Micron, Intel, and Texas Instruments are strong, have a broader product line layout, and have high technical levels.
The loss-making field of memory chips is compensated by other highly profitable high-end chips. The product line has also extended to the lucrative fields of various radars, communication equipment, and high-end industrial control chips. It still has a strong ability to continue investment.
Only Atlantic Jinko Group is able to maintain a profit of more than 20% at low prices thanks to the mainland's unparalleled cost advantage.
At the same time, through large-scale investment in technological research and development, it leads the industry in the 0.13 micron advanced process.
This part of the high-end chip manufacturing field is highly profitable, with a profit margin of more than 70%, which can support companies to continuously invest in technological research and development and form a virtuous cycle system.