Chapter 436: Between Ideal and Reality
Fortunately, it is not a difficult disease to recover, and Fan Liancheng is happy to get a better than expected response from the re-examination results.
Don't care if you have feelings or not, blood is thicker than water, and there is an old friendship with Wu Anyun mixed in it, how can you not care at all.
It has successively acquired some foreign semiconductor companies that are not too critical, but also have a bit of technical content and a wide range of market applications.
At the end of the year, Fan Liancheng looked back and found that the gap between the expected results was too great, and he hardly bought back anything useful.
Or rather.
Although a lot of money was invested, it failed to get back the core technology and patents, which is 108,000 miles short of the idea of integrating resources and rising rapidly at the beginning of the year.
The team that independently developed and designed chips had just started, spending hundreds of millions of dollars to get seven percent of MediaTek shares, and had very little right to speak, not to mention the overall acquisition or holding, and the board of directors had not yet been obtained, so there was no interjection.
The idea of investing in a chip foundry is even more difficult, and the production capacity of Dutch lithography machine manufacturer A has long been carved up, especially the most advanced high-end products, and the order is scheduled for a few years.
This thing is not like shoes, bags, toys and the like, even a small workshop can be drummed out, a integration of many advanced manufacturers of technology, it can be said that it is not easier than manufacturing a large aircraft, even if the whole value is smashed into it, Fan Liancheng does not have the confidence that he can be successfully developed, it is not easy to start a new stove.
A was born in a famous family, and was independently spun off from the semiconductor division of Philips, a famous Dutch electrical appliance manufacturer, and renamed A in 2001.
Behind A, there are also semiconductor giants such as Intel, Samsung, TSMC, SK hynix and other semiconductor giants to support it, and only by investing in A can it become its customer and get the priority supply right of lithography machine products.
If Fan Liancheng develops in Europe and the United States, he is cut off from the business in the mainland, and some people take the initiative to integrate in with low self-esteem, and there is still a chance to compete for the right to supply first, but he wants to do business in the mainland, but he is the target of the European and American monopoly manufacturers who are trying their best to suppress it, so it makes the idea of developing the semiconductor and microelectronics industries even more difficult to realize.
After all, it is an industry whose import scale exceeds that of oil, and how can foreign manufacturers be willing to give up this big cake.
Since the beginning of this year, the move seems to be a small fight, but there is no loss, Fan Liancheng has carefully pondered it, and it can only be said that the difficulties are much greater than expected, and the confidence that can be developed earlier has also been shaken.
At present, he is trying to develop in a roundabout way, and contact with the rival lithography machine manufacturer APPER company, which is about to be beaten down by A, the other party seems to be only interested in Fan Liancheng's funds, and does not want to package the company for sale, and there are no advanced products to provide to him, and the technology has long lagged behind the company A, which is constantly integrating industries and improving its monopoly position.
From this point of view, it is no wonder that Fan Liancheng will feel frustrated, and occasionally even feel like he is fighting alone, without the support of a perfect scientific research and technology system behind him, it is useless to have money alone.
A senior executive surnamed Liu in the fund business, when he reported the sales progress of public funds to Fan Liancheng, happened to talk about this matter and asked:
"The first is expected to raise 30 billion yuan, specifically for the semiconductor industry investment layout, now the money is raised more than seventy percent, but the high-tech industry has a lot of uncertainty, today is still leading, tomorrow may be surpassed by new technology, how to ensure that money is made in the future. ”
"The uncertainty of self-R&D is higher, and it is quite secure to invest in large monopoly companies, which have the technology, capital and market, and continue to maintain a dominant position through R&D acquisitions.
I have often eaten closed doors recently, as soon as there is an idea of independent development was immediately targeted by some foreign manufacturers, from this point of view it is difficult to surpass their car, which means that the stability in the short term is also guaranteed, according to the list listed before continue to vote, when the time comes to reposition a few. ”
Fan Liancheng couldn't help but sigh as he spoke.
The idea of entering the semiconductor industry has not changed, but the specific investment method needs to be adjusted.
In the adult world, there are many things that can be done not only by hard work, the investment in the past few years is like a bamboo, from the results of this year, it is undoubtedly a big blow, no money means a loss, if you take the acquisition, research and development funds to invest in Moutai, so far you can make a profit of 40 to 50 percent.
This made Fan Liancheng begin to shift the target, thinking that this year's step has taken a big step, and he should not spend too much thought in the field of chips, the semiconductor industry is the most critical, but not only the chip industry, and intends to spend more attention on investing in the domestic smart machine parts supply chain, and the other is the field of new energy vehicles.
"It's not a good idea for a layman to do insider business, so I'll continue to focus on investment, R&D can still be invested, but it can't be the main business. ”
Fan Liancheng continued to speak as if talking to himself.
Director Liu had just been promoted because of his outstanding business ability, and he had not had much contact with Fan Liancheng, the big boss of the company, before hearing this, he nodded and agreed:
"Some foreign laboratories and research institutes have been studying these since the forties and fifties, and they have to admit that the gap is really big, and there is no way to negotiate on an equal footing if they don't have the technology they value.
Many companies come to invest, nothing more than the importance of low wages, tax incentives, close to the market, and car manufacturing, there is no way to invest, and it is difficult to learn technology, choose promising companies to invest, the same is very profitable. ”
He thought that Fan Liancheng just wanted to make money, and it was not surprising that he would think so, no matter which businessman was almost always busy making money.
Fan Liancheng's feelings have been almost tossed by the ruthless reality recently, and his thoughts have become rational, and he nodded and didn't talk about this topic anymore.
Finger tapped on the desk, and continued: "It should be no problem to invest through the secondary market, the NASDAQ index has been rising since the financial crisis of 08, out of the trough, be careful when choosing investment objects, and focus more on leading companies." The domestic side should invest more, carefully look for companies with core competitiveness, and don't invest in the concept of speculation. ”
It is not an empty idea, mainly due to the fact that the mainland's economic growth rate has exceeded expectations, the fundamentals have not changed, and the other is that foreign capital is increasing inflow to buy the bottom, and the early shareholders have forgotten their scars and pain, and have begun to return to the stock market, bringing a large amount of money, which has a lot to do with too much currency in the market.
Based on these, Fan Liancheng believes that a positive situation for A-shares has appeared, but even he didn't expect that the next few months will be countless times crazier than he expected.
At the beginning of 2015, everything was still developing as usual.
mentioned an 88-meter yacht named Fantasy before, Fan Liancheng did not plan to buy it, but began to consider acquiring the shipyard, and then integrated with Shengxi Yacht Company to officially enter the field of superyacht development and manufacturing.
Judging from the current move of the shipyard to find someone to buy the Fantasy, it is estimated that there is a lot of financial pressure, which means that the price of the acquisition company will be relatively low, mainly depending on whether the parent company behind Raffles Shipyard is willing to sell