"Oh, please pass me the black pepper shaker, thank you!"
Wang Yaocheng, who was dining, sprinkled some pepper on his filet mignon, looked up at Ivanka and asked, "Hi! My happy angel, how are you thinking about the future?"
"Okay, I think your suggestion is very attractive, and I am ready to try the entertainment industry, but I want to start from the lowest level and understand the operation of the entertainment industry step by step."
As a reincarnated little expert, Ivanka was born into a billionaire family. She has been self-reliant and clean since she was a child. She is a good girl and a top student.
She has nothing to do with anything negative and depraved. She doesn't show off her wealth, doesn't take drugs, doesn't hang out in nightclubs or is keen on parties, and she won't be as debauched as the Hilton sisters, who change boyfriends more often than they change clothes.
Obviously, with a net worth of hundreds of millions, I can become a bastard waiting to die, but I have to be as diligent as a little bee and stubbornly embark on the path of a strong career woman.
"no problem."
Wang Yaocheng put a piece of delicious and juicy beef into his mouth and chewed it. He felt the sweet gravy overflowing in his mouth and swallowed it smoothly down his throat. Everything was perfect.
"This Mr. Shea is a senior practitioner in Hollywood and is now considered one of the producers of Marvel Entertainment. Let him lead you to familiarize yourself with the operations of the entertainment industry and teach you a lot."
"Boss, your humble servant Shay is very honored to have this opportunity to serve Miss Ivanka." Shay quickly put down the knife and fork in his hand and bowed respectfully.
Wang Yaocheng waved his hand and said, "You're welcome Xie Yi, I treat you as a business partner."
"I am moved by your magnanimity, but I must abide by my own sense of proportion. In the British aristocratic tradition, it is an honor to follow a powerful and glorious master. My family has always adhered to this ancient tradition. Please accept my wholehearted loyalty.
Your Excellency, Lord Wang Yaocheng."
In the European aristocratic enfeoffment system, there is a very important feature:
My lord's lord is not my lord.
In other words, under the numerous viscounties and baronies, the low-level knights and knights who swore allegiance do not need to be loyal to the higher-level nobles, but only need to be loyal to their own lords.
Even if a lord leads a rebellion, he must follow him out of the honor of the knights and the dignity of the nobility.
The fragmentation of the European continent in the Middle Ages was not unrelated to this aristocratic enfeoffment system.
As for the allegiance that Xie said, it only represented an attitude and was not a nobility enfeoffment in the full sense. Wang Yaocheng, a false baron, had no right to accept followers, and Xie, a British aristocratic bloodline that could not be reached with eight poles, was also not qualified.
"Okay, since you insist."
Wang Yaocheng shrugged helplessly and said to Ivanka;
"Mr. Shea has extensive experience in the entertainment industry and is familiar with all the bright and dark sides of Hollywood. I think you can learn about the world and the good and evil in society through this.
In the bustling world of Hollywood, the most indispensable thing is the demanding taste for high-end luxury brands.
This will help you form something of your own, a unique fashion taste, lay a good foundation for further involvement in the fashion industry, and form a certain influence. I think this entry point is appropriate."
Ivanka thought about it seriously and responded seriously: "I understand your painstaking efforts, thank you dear, I will work hard to become familiar with every part of the work and cherish this rare opportunity."
Wang Yaocheng smiled and held her delicate hand and said;
"Don't put too much pressure on yourself. I hope you can maintain a happy and relaxed attitude and observe society with a pair of discerning eyes. Being too nervous will not achieve the best results."
"You are always so attentive and caring. I am already 21 years old. When will I truly mature?"
Wang Yaocheng's voice was gentle; "Let's walk slowly and steadily, okay?"
"But... you founded Netscape at the age of 21 and established yourself as the leader in Silicon Valley. I have read biographies about you many times. When you were my age, you had already begun to build the legendary building in Silicon Valley.
The Hat Building is a monument that all high-tech Internet entrepreneurs in Silicon Valley must admire. It represents the rise of an Internet dynasty.
They will say;
Look...
The boss king came here with less than 100 US dollars in his pocket. With his clever mind and extraordinary creativity, he conquered a large country in a short time and realized his American dream.
I will definitely be as good as him and make my father and family proud of me."
Listening to Ivanka's emotional narration, her face lit up.
Wang Yaocheng smiled slightly awkwardly. These chicken soups for the soul contained many boastful elements and were not in line with the actual situation.
When I first came to Silicon Valley, I had short options worth hundreds of millions of dollars in my Fuso Stock Exchange account, and I had tens of millions of dollars at my disposal. In China, there were also two cash giants, Carrefour supermarket and home appliance chain, which were highly profitable.
dairy cow.
Wherever you have less than $100 in your pocket, Chicken Soup for the Soul is a fool.
As for biographies, of course the more mysterious the better. At least they can sell more books. In many cases, they are based on guesswork and wanton literary imagination.
Well, Ivanka, an inexperienced fan, got fooled first.
"Miss Ivanka, please allow me to add that no one in this world can compare with the boss. His dazzling light will make everyone feel ashamed and deeply affect their self-confidence."
Shay interrupted at the right time and brought back the starry-eyed fan girl Ivan.
She sighed slightly frustratedly; "Yes, but I always unconsciously want to keep up with him. It turns out that everything is in vain. Oh, my God! He is simply a monster."
"Boss possesses all the advantages of a successful person. He is good at analyzing and summarizing. He is keenly aware of the disruptive impact of network technology on social life. He has super execution and decisiveness. He has an unremitting desire for success. He is an Internet expert.
Trendsetters and leaders in the technological era.”
Shay is indeed a cunning persuader, and his analysis is very reasonable;
"Miss Ivanka, this is the biggest historical opportunity since the industrial revolution. Boss has firmly grasped it, and it has soared for nine days, which is hard to match. We are honored to follow in his footsteps."
After his praise, Wang Yaocheng's originally tall figure seemed to be coated with a layer of golden light, and the look of admiration in Ivanka's eyes was palpable, and there was a tendency to further intensify his fandom.
Okay, all the star-chasers have gone to bed. This sacrifice is indeed quite big.
afternoon
Wang Yaocheng met with TSMC President Zhang Zhongmou and his entourage in the office. This time, TSMC achieved great success in issuing new shares on the Nasdaq market, and everyone could not suppress their joy.
When the cake becomes bigger, everyone has a share, so of course they are happy!
TSMC has done an outstanding job in the foundry field. Wang Yaocheng also encouraged and praised his subordinates, and he is confident about the future.
After several rounds of bloody reshuffles in the field of electronic semiconductor chips, the original number of more than a hundred manufacturers has been reduced to more than a dozen large manufacturers now, and an oligopoly pattern has initially taken shape.
Under this circumstance, the brutal price competition cycle has disappeared, and major semiconductor manufacturers have tacitly maintained prices and earned more excess profits.
As a leading manufacturer in the foundry field, TSMC has a tacit agreement with Atlantic Jinko to maintain a high-profit structure and further promote the rapid development of the company.
According to the world economic outlook for the next ten years from the Hong Kong Guantianxia Research Center;
With the development of the world economy, the electronic semiconductor field will enter a period of long-term stable growth and prosperity, and the future is bright.
In addition to TSMC, those who benefit the most are Atlantic Jinko and Hynix, which are at the top of their respective fields. They have an unshakable dominant position in the chip storage and foundry fields, and can obtain the largest share of the pie in the market competition.
bright future
The price of TSMC stock on the Taiwan Stock Exchange rose from NT$350 to NT$1,170 per share, which also pushed up the price of new shares issued on the Nasdaq market in New York, forming a virtuous cycle.
According to TSMC President Zhang Zhongmou’s plan;
Due to Moore's Law, the technical challenges faced by TSMC are becoming increasingly complex and difficult, and the ever-expanding R&D scale ensures that it can continue to provide customers with leading process technologies and solutions.
TSMC will gradually increase R&D expenses and capital investment to widen the gap with potential competitors, build solid competition barriers, and further consolidate and expand its advantages.
In 2003, TSMC's R&D expenditures will reach US$416 million.
In 2004, it is expected that R&D expenses will increase by more than 12% to adapt to the current increasingly complex technical challenges.
With the rapid development of network high-tech enterprises and wireless communication fields, the scale of the foundry market is also rapidly expanding, and is expected to exceed US$16 billion in 2003.
Among them, TSMC holds a 45% share, with a profit margin of over 60%, maintaining a historically high level.
Due to its advanced manufacturing process advantages, Atlantic Jinko holds 39% of the world's high-end OEM market share, with profit margins as high as 84%. This is an out-and-out huge profit.
Together, the two account for 84% of the world's foundry market, firmly occupying the top two positions in this ever-expanding market.
The huge profits rolling in have allowed Atlantic Jinko, TSMC and Hynix to dare to invest heavily in the competition for the 12-inch wafer fab project, and strive to depreciate the huge equipment investment within four years.
With the rapid expansion of equipment investment by semiconductor companies, the scale of investment in building an advanced process technology wafer factory has rapidly jumped from one billion to tens of billions of dollars, and it is no longer possible to complete the accrual in just two years.
The companies under Wang's consortium can complete the accrual within four years, while competitors cannot complete it within 5 to 8 years. This is the gap between costs and profits.
As a result, the three leading companies in the electronic semiconductor field have an absolute advantage in cost control.
Any latecomer semiconductor companies that try to catch up will face brutal price pressure.
Judging from the current situation, the three 12-inch wafer fabs invested by Royal Fund in 2003 will be put into production one after another in 2004 and will soon reach full production.
Because the consortium masters advanced process technology, has strong bargaining power on its products, and has a high-end chip product structure, its product gross profit margin is naturally much higher than that of its competitors.
Thanks to the current relaxed market environment, huge equipment depreciation is completed based on four years, and all the rest is net profit.
Normally
Atlantic Jinko, TSMC and Hynix are leaders in process technology, which means that equipment depreciation is fully charged first, while competitors are still accruing equipment depreciation.
Consortium companies can take advantage of their cost advantages to engage in price wars, making the latecomers miserable and obediently surrendering.
Whether it is the DRMA memory chip field, the chip foundry field or the application chip field, it is a high-risk, high-investment, high-tech threshold, narrow-caliber industry. If you want to play, you must abide by the rules set by the strong.
For example;
Samsung Electronics has been left far behind in the competition. Now it is not as difficult as usual to get back on the track and compete.
If the Wang Consortium doesn't nod, Samsung Electronics will be doomed if it dares to enter. This is the source of Li Jianxi's pain.
Li Jianxi couldn't understand even if he tried hard;
Samsung Electronics is so weak that it is completely impossible for it to become a competitor of Wang's consortium. Why is Wang Yaocheng so hostile to him and unwilling to leave any scraps?