Gree Group President Zhu Jianghong and his party finished their work report and walked out along the hotel lobby. They happened to see Dong Mingzhu and others coming in and hurriedly walked up to say hello.
"Vice Chairman Dong, are you reporting to the Boss?"
"Yes, I know that the boss is very satisfied with the work of your Gli Group, but he cannot be complacent in the slightest. There is still a lot of work that needs to be done."
Dong Mingzhu still has the style of a strong woman who is resolute and resolute. She never leaves work without saying anything: "Lao Zhu, now that the Gli Group's stalls are getting bigger and bigger, management must keep up. We can't wait for the boss to discover problems, but must take the initiative.
to discover and solve
Question, I met Chen Shi, director of the consortium, at the last meeting. He talked about the problem of subsidiaries building hotels, resorts, real estate investments, tourism and so on. Carrefour Group was notified and criticized. We must cite it.
Take it as a warning!"
When Zhu Jianghong was told this, his face was a little embarrassed, but when he met his immediate boss Dong Mingzhu, who was more serious about things, he had no choice but to nod his head in agreement.
As enterprises prospered and developed, everyone did expand a bit, and some random investment projects appeared.
The consortium attached great importance to this situation and immediately introduced severe measures to stop it. Carrefour Group was caught alive and was criticized as a typical example within the consortium.
President Zhang Jindong himself was severely punished and his option dividends were frozen for two years as a warning to others, worth 51 million yuan.
For senior executives of consortium companies, the annual salary ranges from hundreds of thousands to millions of RMB. The annual salary of Chambers, chairman and president of Cisco, is only US$1.2 million, which is almost more than 9 million RMB.
For professional managers, the biggest source of income is option dividends. The better the company does, the more income it will earn.
In other words, Carrefour Group's rectification measures will satisfy the consortium and the money will be returned to it, otherwise the consequences will be serious, and the possibility of changing the situation cannot be ruled out.
This trick hits the seven inches of professional managers, and the effect is really powerful.
In the international retail industry, Carrefour supermarkets can rank fourth in terms of business scale, second only to three multinational companies: Wal-Mart of the United States, Cross Street (formerly Carrefour) of France, and Home Depot of the United States.
In terms of business scale, Home Depot in the United States had a turnover of US$48.247 billion in 2005 and had 230,000 employees.
Carrefour Supermarket Group has a turnover of US$47.147 billion and 340,000 employees. It is very close to the third place and may surpass it in 2006.
If President Zhang Jindong is forced to leave this position, there will definitely be no better stage for him to perform in China, and it will be impossible for a Chinese to take up the position in the European and American business circles.
This means that unless he starts his own business, Zhang Jindong's career and social status will plummet, and he will be knocked down from the high clouds.
Therefore, after being severely beaten by the audit office at the consortium level, Zhang Jindong decisively gave up, organized efforts to carry out comprehensive rectification and introspection, submitted a rectification plan as thick as a Xinhua dictionary, and accepted the punishment honestly
.
The effect of the consortium's attack on the mountain and the tiger was very good. Those high-ranking management personnel chewed it carefully and couldn't help but feel horrified.
The positions that the Wang Group can provide are unparalleled in China or even in the entire world, especially Chinese professional managers, who are now almost at the top.
After figuring this out, everyone became well-behaved and put aside their impetuous thoughts and focused on work, which led to a significant improvement in work efficiency.
Dong Mingzhu gave a few repeated instructions in the lobby on the first floor, and then took the elevator straight to the top floor to report on the work.
It is said that Boss is returning to Hong Kong this time and will soon embark on a two-month trip to Africa. It is best to report any matters as soon as possible.
Stepping on the soft pure wool carpet and entering the hall, there were many senior executives of the consortium waiting to report in twos and threes. Dong Mingzhu saw Zhang Rujing, vice chairman of the consortium, just coming out after reporting, and went up to greet him.
"Vice Chairman Zhang, what are you reporting on this time?"
"Haha, hello, Miss Dong! Our electronic semiconductor industry has made some money in the past two years, which has attracted the jealousy of all the major powerful manufacturers in the world, and they have invested in this field. This is what I was talking about with the chairman just now."
"Oh, I'm also very interested in this. Can we find a place to chat?"
"As long as Miss Dong is interested, you should obey your orders."
Zhang Rujing was a technical man with a gentle personality who was known as a good talker among the senior executives of the consortium. He smiled and sat down at the table next to the window.
The hotel waitress immediately brought coffee, exquisite pastries and fruit plates, and even more considerately, a piece of white paper and an ink pen.
Zhang Rujing took a sip of coffee and described the latest situation in today's semiconductor industry:
After several rounds of fierce market competition from the 1980s and 1990s to the beginning of the 21st century, the electronics and semiconductor industry has shown an obvious oligopoly pattern.
After 2003
There are still three major semiconductor manufacturers left in the European market: Anglo-French Semiconductor, Qimonda and Infineon. There are still four major semiconductor manufacturers left in the North American market: Intel, IBM, Texas Instruments and Micron. In the Fuso market, there are still Erbida, Renesas, and South Korea.
All Taiwan-funded manufacturers were wiped out, leaving only a few small Taiwan-funded manufacturers such as Nan Ya and Maode.
Among them, only Infineon, Micron, Erbida and some small Taiwan-funded manufacturers are also engaged in the memory chip business, accounting for more than 20% of the world market share.
The rest are monopolized by industry giants Atlantic Jinko and Hynix. They are making a lot of money, no wonder they are jealous.
In the foundry field first pioneered by TSMC, Atlantic Jinko ranks second in the world. The two companies occupy almost 96.2% of the world's share, sharing nearly 10 billion U.S. dollars in profits every year.
How to make people jealous?
Why don't you make people jealous?
The most pity is that the Japanese manufacturers that originally dominated the semiconductor industry have fallen into the darkest moment before dawn.
As the semiconductor industry gradually moved eastward, Japanese companies retreated one after another. By the late 1990s, almost all people heard about was the retreat of Japanese-owned semiconductor companies.
In 1995, Fujitsu withdrew from the DRAM business. In 1998, Toshiba also withdrew from the DRAM business. In 1999, NEC separated the semiconductor division that had been running a deficit. In 2001, Fujitsu spun off the LSI business that had been running a deficit. In 2004,
In 2016, Toshiba sold its last flash memory business to Atlantic Jinko and completely withdrew from the semiconductor manufacturing industry.
Enterprises that can continue to work can only sign up for group support.
In the DRAM business, ELPIDA was established in 1998, mainly composed of related departments of NEC and Hitachi. In 2000, Mitsubishi Electric, which suffered serious losses, joined in.
In terms of the system LSI business, Hitachi and Mitsubishi Electric formed RENESAS in 2000, and relevant departments of NEC joined soon after.
In semiconductors, where electronic technology is developing rapidly, stopping technology research and development is tantamount to tying up your hands and seeking death. Unfortunately, the situation of these weak and weak conglomerates is very bad, and they cannot invest more funds. ELPIDA has been losing money and is embarrassed.
Red and dying.
The situation has been good in the past two years. Others have made a lot of money by producing DRMA memory chips, but the Japanese manufacturer Elpida is still struggling to survive. It can barely survive by relying on the government's continuous blood transfusions.
Because in recent years, Japanese manufacturers have suffered serious losses, technological research and development have almost been abandoned, and advanced manufacturing technology has lagged behind by three generations.
The production cost is extremely high, the labor cost is also extremely high, but the technology and production process are backward. How can it be possible to make money?
In a free economic market, there is no state regulation, and it is entirely dependent on the invisible hand of market competition to bring order out of chaos.
The winner takes all, and the loser is out.
Capital tends to be profitable. With the support of capital from Japan and the United States, especially from the end of 2005 to the beginning of 2006, more than 20 electronic semiconductor enterprise projects were launched on the Korean Peninsula and on the island, with a total investment of more than 70 billion U.S. dollars.
There is a craze for having sex quickly.
Among them, the one with the highest jump is Samsung Electronics. After putting into operation three eight-inch wafer fabs in 2005, in early 2006, it spent US$25 billion to build two 12-inch wafer fabs, which are expected to be put into operation by the end of the year.
These various new projects have greatly increased the supply of the world chip market, causing a slight decline in the originally stable prices.
Mr. Zhang Rujing was going to report on the current chaos in the international market. Dong Mingzhu listened with great interest and asked:
"Lao Zhang, if you don't violate confidentiality regulations, can you tell me what the chairman said?"
"Ms. Dong is joking. You are also a core member of our consortium. Logically, you can also see it in some high-secret internal reports. Telling you is not a violation of the regulations. What's more, your Yellow River Technology Group is closely related to our semiconductor business.
According to the regulations, you have the right to know about the linkage."
"Then I'm all ears."
"Haha, what the chairman means is that if it rains and my mother wants to get married, please do whatever you want."
"oh……"
This aroused Dong Mingzhu's interest even more. He stared at Zhang Rujing without blinking and said, "Stop hiding it and say it out loud."
"All right!"
Zhang Rujing did not hide anything, and openly stated the plan. The consortium will once again invest heavily in three 12-inch wafer fabs, with an estimated total investment of 33 billion US dollars.
On this basis, the original eight-inch wafer fabs with backward technology have been gradually transformed, involving 17 8-inch wafer fabs with a total investment of tens of billions.
These investments are all borne by the fat and strong troika, and it will take more than a year to complete the pre-shuffle actions.
Judging from the current technical level, the consortium has already put into large-scale production of the 40-nanometer advanced process technology, and the 28-nanometer process technology will be put into trial production in mid-2006, which is two to three generations ahead of its competitors in technology.
At present, we are maintaining a high profit situation for the time being, saving food and grass for the difficult days in the future, and preparing for counter-cyclical operations.
Once the troika takes full advantage, with advanced process technology and the richest production experience in the industry, as well as the lowest production costs and labor costs, the competitiveness that will emerge will be unparalleled.
In other words, counter-cyclical operations will once again wash out the market.
This is what the chairman said. If it rains and the mother wants to get married, please do whatever you want.
As for the specific timing of the launch, the Hong Kong Guanfengyun Economic Research Center combined the supply and demand relationship and development prospects of the world's semiconductor industry and judged that it should be at a certain time in 2007, preferably in the first half of the year.
For the Troika, there is almost a year left to make a fortune.
It is a tragedy for Samsung Electronics. The 12-inch wafer project with a total investment of US$25 billion has just passed trial production and reached full production. The product will encounter a sharp price drop like a market cliff.
Hahaha, that would be a lot of fun.
The most critical thing is that according to Atlantic Jinko's rich production experience, after chip products enter the 90-nanometer advanced process technology, the requirements for advanced optical technology are getting higher and higher.
In the world market, only the ultraviolet lithography machines produced by ASML of the Netherlands can meet production requirements, and none produced by other manufacturers can meet the demanding cutting-edge precision requirements.