Wang Yaocheng, who was working at a Carrefour supermarket, received an international postal package from Citibank in Hong Kong. This was internal information that manager John Galen continued to collect and was mailed regularly.
After flipping through the pages, Wang Yaocheng tapped his slender fingers gently on the table and fell into deep thought.
Data display:
Among the top ten semiconductor companies in the world, Japanese-owned Nec (first), Toshiba (second), Hitachi Manufacturing (third), Panasonic (fifth), Fujitsu (eighth), and Mitsubishi Electric (ninth) are still firmly occupies the majority.
At the same time, U.S.-owned Intel, Texas Instruments, Micron and Nvidia are pressing closely to compete for the high-end market.
The little-known newcomers in the electronics and semiconductor industry, Samsung and Hyundai, have launched efforts from the low-end market, forming an era of pincer attacks from above and below.
American and Korean companies have eroded the share of Japanese companies from the high-end market and the low-end market respectively, and have achieved remarkable results and gained a lot.
In particular, Japanese-owned Fujitsu has suffered serious losses since the first quarter of this year, making business operations even worse.
Wang Yaocheng knows:
The sharp decline of Japanese companies has begun. This is forced by the situation and is not a crime of war.
The Japanese Fuso Kingdom's rear is now unstable, and the base camp is on fire.
The stock market, foreign exchange market, real estate market, and futures prices are stacked against each other. It’s like a suicide man jumping from a tall building to drop dumplings. How can you still think about competing for the market?
During the Fuso economic bubble, you could not earn US$100 million a year through hard work in business, but you could easily earn it in the stock market.
In recent years, many owners of large and medium-sized companies have been keen on speculating in real estate, stocks, and foreign exchange to make a lot of money easily.
Now, everything is deeply involved, and there is no time to consider the development of the enterprise.
Internal data shows:
Fujitsu President Ryoto Takazawa was deeply involved in the Tokyo Stock Exchange and misappropriated a large amount of corporate operating funds in an attempt to save the situation.
As a result, I fell into a bottomless abyss, without even seeing a splash. Instead, I fell deeper and deeper into the abyss.
Of particular interest are:
President Takazawa Ryoto owns a large number of real estate properties in the Tokyo metropolitan area. The real estate index futures he sells coincide with Wang Yaocheng's.
The only difference is...
President Takazawa Ryoto is a staunch bull and firmly believes that the Fuso real estate market will not collapse. It is just a relatively large-scale adjustment. As long as we persist, we will see the dawn.
Wang Yaocheng is a determined air force, because he peeked at the hole cards and knew that the opponent would lose so much that he would lose his pants.
According to the latest news:
Fujitsu intends to acquire the DRAM factory in Osaka, which is an 8-inch wafer factory representing the most advanced technology.
There are currently no more than 30 8-inch wafer fabs in the world, and most of them are 6-inch and 3-inch wafer fabs.
This new factory was put into operation just over two years ago and has continued to suffer huge losses, making it really unsustainable.
In exchange for a large amount of cash, Fujitsu has quoted a price of US$320 million to alleviate its urgent needs. No company has yet matched the offer.
This price is far lower than the actual value of the Osaka dram factory.
Fujitsu's continuous investment during the construction period alone exceeded US$800 million.
Which family would sell their sons and daughters until they really can't survive?
Similarly, the sale of this factory, which represents the advanced level of DRAM memory production in the early 1990s, heralds Fujitsu's withdrawal from the ranks of memory manufacturers.
I often hear people talk about "memory particles". In fact, this is a name for memory chips in Hong Kong and Taiwan (only for memory).
Other chips are called "chips" in Hong Kong and Taiwan. The two have the same meaning. As for what everyone calls them, it depends on personal habits.
Wafers generally come in sizes ranging from 3 inches, 4 inches, 6 inches, and 8 inches.
Since the first 8-inch wafer fab was put into operation in 1990, the most advanced production technology of 8-inch wafer fabs has been rapidly promoted around the world. In addition to more than 30 plants that have been put into operation, 8-inch wafer fabs are in preparation in various countries around the world.
There are still more than 40 factories, showing a fiery situation.
Chips are produced based on wafers.
A small piece on the wafer is the wafer body, also called die. After being packaged, it becomes a flash memory particle.
Generally speaking
The world's leading electronics manufacturers will spin off DRAM memory production into a separate department.
Why do this?
Because DRAM memory, as a commodity in the electronics industry, has a status similar to that of rubber and oil, its price is prone to violent fluctuations, often fluctuating between huge profits and losses.
Even if the output is reduced by 1%, the price of DRAM memory may soar by 50%, 80% or even double, which shows that the memory production price is highly volatile.
vice versa
For example;
An earthquake in Baodao caused a medium-sized DRAM memory manufacturer to suspend production for more than two months.
As soon as the news came out, the price of DRAM memory in the world immediately tripled.
No CEO of any of the world's largest electronics companies is willing to see drastic fluctuations in profits, which will greatly affect the industry's evaluation and receive large year-end dividends.
The only exception to this is Samsung, which has treated the DRAM memory department as the core of corporate development from the beginning to the end and will never divest it.
Continuous investment will eventually receive generous returns. In the future, the DRAM memory department will also bring tens of billions of dollars in profits to Samsung.
This is a very fierce opponent, and also a very patient opponent with a high degree of strong willpower and execution ability. Samsung's success is inevitable.
According to internal data:
Starting in 1991, Samsung took advantage of the fire in the backyard of Japanese manufacturers to conquer the low-end market and rapidly expand its market share.
The price they pay is that each piece of DRAM memory costs 1.31 U.S. dollars, and the market price is only 0.35 U.S. dollars. Each piece sold is a loss of nearly one U.S. dollar.
This stick company is so ruthless, ruthless to itself and even more ruthless to its enemies. Even if it endures huge losses, it must grit its teeth and persevere to drive its opponents out of the market.
in fact
If history does not change, Samsung's counter-cyclical strategy will achieve a rare success in the world, and it will eventually emerge as an unrivaled overlord of the entire electronics industry chain.
Now, the reborn Wang Yaocheng also wants to be the overlord of the entire electronics industry chain.
in the office
Wang Yaocheng paced back and forth, thinking, considering the time to strike, and finally found out with some frustration:
Still have to wait for the opportunity.
There is no other way to wait. The little money I have for futures speculation, although it has reached 110 million US dollars, is not enough to put it in a DRAM memory production factory, which is not enough to make the current market lose half a year.
The world's DRAM memory market is extremely bloody. With the fierce competition from the United States and Fuso, powerful manufacturers such as Samsung, LG, Hyundai, and Daewoo from the United States have entered the market, and the market competition has become more and more fierce.
In 1986 alone, Samsung Semiconductor lost $300 million.
The government gritted its teeth and persisted, and the government successively invested 2 billion US dollars to support manufacturers to fight hard, and finally occupied a certain share of the market.
After 1986, with the appreciation of the yen, major Japanese memory manufacturers were unable to compete with East Asian countries on price and fell into continuous losses.
Coupled with the backyard fire, the memory market share began to collapse.
Since the early 1990s, Rangbangzi Country and Baodao have ushered in a period of rapid development.
Every few years in the world's DRAM memory market, companies that survive the bloody baptism will reap extremely generous returns, and the high profits are simply enviable.
Wang Yaocheng flipped through the information and couldn't help but get greedy. He really wanted to enter this market!
I still remember before my rebirth, I bought my first 486 computer in 1995. At that time, a 16MB memory cost more than 5,000 yuan. More than ten years later, it was not even worth a dollar. What a huge profit!
What does 5,000 yuan mean?
At that time, I was earning 350 yuan a month, and I could call my friends for a drink every three days, so my life was very comfortable.
The DRAM memory manufacturer loses money very hard, but makes money even more powerfully. It is like a money printing machine.
Compared with production costs, who is China mainland afraid of?
The key is the yield rate of memory products. In this regard, the Japanese manufacturers do the best. Samsung and Taiwan Semiconductor Manufacturing Co., Ltd. do very well.