The success of HiSilicon's H1V2 chip may be enough for Han Hao, but it cannot meet the needs of the hungry Zhonghua Group.

In addition to ESP control chips, Zhonghua Group also needs engine ECU control chips, control IGBTs for new energy power electronic devices, on-board intelligent interconnection systems, and chips for autonomous driving, etc., all of which are resources that HiSilicon Semiconductor cannot provide with with its focus on R&D in the field of communications.

In short, HiSilicon will continue to tackle key problems with higher-end communication chips, while Zhonghua Group needs to apply existing chip technology, and there is a strategic direction gap between the two sides.

At this time, HiSilicon Semiconductor was no longer able to meet the needs of Zhonghua Group, and Han Hao urgently needed to add one more chess piece for himself.

Han Hao is very satisfied with HiSilicon's R&D capabilities and work efficiency, and being able to come up with a finished chip product that satisfies him in 40 months is enough to show that Chinese mainland is not a latecomer in chip technology.

As we all know, the discourse power of global chips is in the hands of developed countries in the United States, Europe, Japan, South Korea and Taiwan, and China is just a huge market that relies on imports to make a living, and does not have its own well-known chip brands.

You must know that once any product is mastered by the Chinese, it will quickly be made into a cabbage price. Therefore, in the field of chips, foreign countries have always held a blockade policy against China, and the latest and most high-end chip technology will not be available in China. They will only introduce technical equipment that is obsolete at intervals of two to three generations into China in order to maintain their high-end monopoly position.

China's chip technology, like the automotive industry, has been brilliant in the fifties and sixties, and is close to the international mainstream level, but later after the changes in the domestic situation, the talent is out of line, and the chip industry focusing on national defense is facing the strong impact of the foreign chip industry after the reform and opening up, and has failed to find the right direction with the automobile industry in the tide of military to civilian, and has fallen into a low tide dilemma.

Of course, unlike automobiles, chips belong to the field of strict blockade abroad, and it is impossible to think of joint ventures, so you can only rely on yourself to develop independently.

Since the 90s, China has intended to use government power to support the development of the chip industry, but it has not been able to waste a lot of money. However, there are still a lot of tinder resources left, and they are cautiously surviving in China under the aggressiveness of foreign chip giants.

In Dinghai City, Zhehai Province, there is a "Hope Project" project of semiconductors that the province has high hopes for, Zhongwei Semiconductor, which is now in bankruptcy liquidation.

This company, which has just been included in the list of "integrated circuit enterprises encouraged by the state", is facing the risk of sudden death less than five years after its establishment, because the company lacks liquidity and owes more than 600 million yuan in loans and foreign debts.

In order to respond to the Chinese government's call for the development of chips and see the broad chip market prospects in the mainland, several employees who left from TSMC, Taiwan's largest semiconductor company, planned to use the second-hand production lines eliminated by the parent company to pan for gold in the mainland, and the company Zhongwei Semiconductor was born.

The semiconductor industry pursues Moore's law, and the production line is generally eliminated for 5 years, and the production line sold by TSMC to Zhongwei is a product in 1988, and it has been in service for 15 years when it was introduced, which belongs to the old, broken and large production line.

The second-hand 6-inch (0.5-0.6 micron) chip production line bought at 30 million yuan is a whole era behind the current mainstream 8-inch (0.25-0.18 micron), and the other 12-inch (nanometer) technology has been broken and put into production by foreign chip giants.

The chip industry is a high-investment, high-tech and high-risk industry, no money is impossible to play, today Han is the richest man intends to take this opportunity to cut into the field.

Zhongwei Semiconductor had no choice but to prepare for bankruptcy liquidation, and the only valuable thing was the second-hand 6-inch chip production line bought from TSMC and a large group of technical talents.

The production of 1 yuan chip can get 10 yuan of income, and drive the development of 100 yuan of industry, which is the original impulse of the local government to attract investment chip enterprises to land.

As a result, a chip catch-up army with Chinese characteristics has been formed, and chip factories have been landed in the mode of "one management team + local government + multi-party fundraising". The specific performance is that entrepreneurial teams from Taiwan or the United States come to the mainland to cooperate with local governments, take advantage of local preferential tax and land policies, and coordinate social financing through the government to enter the chip industry.

However, semiconductors are a cyclical industry, often losing money for 3 or 4 years, and by the fifth year, they may make a one-time profit to make up for all the losses. In addition to the huge initial investment in building a factory, daily operations also require a large amount of capital investment to survive the bear market and usher in a bull market.

Zhongwei Semiconductor has a net loss of more than 50 million yuan per year, and it cannot see the possibility of profitability for the time being, because its products are not competitive and cannot be sold. This made the Dinghai Municipal Government retreat, and the promised preferential measures were halved, resulting in the sudden "death" of Zhongwei Semiconductor and bankruptcy liquidation.

In the first public auction, Zhongwei Semiconductor marked a price of 400 million, and no one bid for it unexpectedly.

The company claims to have invested 2 billion yuan, but the actual capital contribution in 5 years is 3 billion yuan, and it also owes more than 6 billion yuan in foreign debts to the bank, with a total investment of about 1 billion yuan

But to deal with assets in the subprime mortgage crisis, the opening price of 400 million is obviously too high, you must know that now the 8-inch second-hand production line has appeared in the market, as long as you add some money to win, so everyone thinks that the psychological price of Zhongwei is cost-effective below 200 million.

When everyone was waiting for the second auction to pick up the bargain, the name of Zhonghua Group suddenly appeared among the bidders, you must know that there is a long distance between the chip industry and the automobile.

At this time, the news that Han's richest man had invested in Hisilicon Semiconductor with Huawei was dug up. Over the years, HiSilicon has been immersed in R&D and has basically no presence in the market, and if it weren't for Han Hao, it is estimated that many people would not have noticed such a company.

The question is why Han Hao is suddenly interested in Zhongwei Semiconductor because he already has HiSilicon.

Once the Zhonghua Group comes in, then there is basically no possibility for everyone to pick up the bargain at a low price, but the things that the richest man in Han has taken a fancy to have almost no misses.

Originally, the Dinghai Municipal Government had decided to give up the chip industry, because it was really into the game only to find that this line of work was unfathomable, and it was expected that Zhongwei Semiconductor could be flat in 1 year and start to make a profit in 2 years The good wish is just a fantasy, and there is no strong financial resources to play this game.

However, when Han Hao took the initiative to contact Dinghai, the local government's attitude changed 180 degrees, and it was determined to continue to support the inclusion of chips as a pillar of the local economy.

There is a saying in the chip industry that the success of an enterprise mainly depends on people, and a core technical talent can be in charge.

However, in the eyes of the Dinghai Municipal Government, Han Hao is the key person who determines the success of chip companies.

First, because Han's richest man is not short of money, he promises to guarantee that 3 billion yuan of investment will be received; second, Zhonghua Group has million-level sales and can fully digest the products of chip companies.

Therefore, the second auction of Zhongwei Semiconductor re-added clauses, one of which is that the bidder must be one of the world's top 500 companies and can commit to investing no less than 1 billion yuan in the future.

"If it's really the world's top 500, who will come here to pick up the leaks! This is simply a condition tailored for the China Group!"

As soon as the new plan came out, the companies that originally intended to bid for the bargain said that they didn't even need to grab it, and the local government directly wanted Zhonghua Group to take over the mess.

In recent years, in addition to the vigorous development of small commodity export trade, Zhejiang Province has the most powerful cars and the Internet, and if it can do the chip industry, it will be a new bright spot.

Zhonghua Group wants to enter the chip industry?

Not only Dinghai City, but even the province was shocked by this news, so Zhou Nansheng, the leader of the provincial government, specially called Han Hao to ask if he really wanted to enter the chip industry.

If you want to play with chips, the investment will start with one billion yuan at every turn, and you will face huge risks, even Han Hao dare not say that she will succeed.

"Every year, our group spends a lot of money to import chips, and localization can greatly reduce costs.

For China's economy to transform, we must march upstream. Although the chip has a high technical threshold and is also facing foreign blockades, no one dares to guarantee that we Chinese will not be able to catch up in ten years.

If we are afraid of difficulties and dare not touch such a high-tech field, we will not succeed in any way.

People have to face certain things at a certain stage, and investing in chips is what I think I should do today, and it is also the best way for me to repay the society for giving me so much wealth. ”

Han Hao is very sure of his determination to enter the chip industry to the province, and when he decided to tie it to China's national fortune, he already planned to use his modest efforts to contribute to the real economy.

"To have a people's entrepreneur like you is really the blessing of our Zhejiang Province and even the whole of China. Be bold and let go, the province is your strong backing. ”

Zhou Nansheng rarely revealed his true feelings, and praised Han Haodao in person.

At the level of Han Hao, being able to invest billions of real money in the chip industry, which is very likely to be lost, can be said to be directly competing with the world's top capital and enterprises, and belongs to the realm of worrying about the country.

Zhongwei Semiconductor was unexpectedly won by Zhonghua Group, and the transaction price was 180 million, which was regarded as picking up a cabbage price. At the same time, the original debt was stripped off, and the Zhonghua Group came forward to restructure and directly injected 1 billion yuan, so that a new company called "Kunlun Semiconductor" was officially established.

Kunlun Semiconductor will focus on industrial-grade chip applications and have reached a strategic partnership with HiSilicon. In other words, HiSilicon will continue to develop high-end chips, while Kunlun Semiconductor is authorized to use HiSilicon chips in its own products.

Perhaps in the future, the "Chinese core" used in the production of automobiles by Zhonghua Group will be provided by Kunlun Semiconductor, which will also become the leading enterprise of China's chips.

Towering Kunlun, if he wants to become an important weapon of the country in the future, Han Hao must find a reliable family member for him.