Chapter 283: SMIC (Ask for Recommendation Votes!)
"As we all know, the king in the field of semiconductor foundry is TSMC, and the rest are SMIC, Singapore Charter, Samsung Semiconductor and other companies. Now that Datang Telecom is going to acquire SMIC, our main force is temporarily trapped elsewhere, and their acquisition is likely to be successful.
The question now is how we should respond, whether to give up or continue. Zhou Shi said calmly that the hot convening of the Olympics made him realize that the revitalization of China is not his responsibility alone, there are still many people working different paths, and he does not need to take too many things on himself, so he found the think tank here.
Ma Ali has Professor Zeng Ming's think tank, Xiao Ma has Liu Zhiping, a financial expert, Robin Li's CFO Wang Zhanshen has no problems in this life, Zhou Shi follows the consortium model, and the style of play is different from them, so he can only find a combination of a think tank and a secretary's office, and when he gets older and has more prestige, the power of the secretary's office will be expanded, and it will gradually transform into a cabinet. The struggle for power with the top management of each company is an important task for the secretarial office in the future. It's far away, but it's back to the meeting.
"Mr. Zhou, in a few months, what will be our advantage?" said an expert from Yanda
"Sufficient funds to increase the order! can make them live a very moist large order. A few months later, Spreadtrum was integrated, and OV and Gekewei, two major companies in the design, development and sales of CMOS image sensors, as well as SMIC's major customers, will also be acquired. Nortel network and IDCC patents will also be in hand, nuts and tomato mobile phones are not bound by patents can rest assured that they can boldly stake their ground, and the domestic low-cost advantage can impact Nokia and Motorola's hegemony in many regions.
"Since we have also been in contact with them, why do we say that Datang has more advantages?" said an expert from the Chinese Academy of Sciences
"Without the support of the state, it is almost impossible for the semiconductor industry to have great development, Datang is a state-owned enterprise, and their stake in SMIC almost means that SMIC will get the support of the government, which is an advantage that we cannot make up. "Zhou Shi
"Why don't you cooperate with Datang?" asked the blue and white expert
"Why didn't the government hold an election? SMIC's current problems are not only capital and technology, but also management problems, whether it is administrative management or production management, it cannot be said that it is useless, but they are not much better. Zhou Shi still knows this, this is almost an open secret, after Datang took a stake in SMIC, with the support of the government in various open and covert ways, why did they not develop, and the constant "infighting" may be the biggest problem.
"If Datang succeeds in taking a stake in SMIC, then it will have almost no value to us, and we will not believe that they have the ability to do a good job of foundry, and these orders will flow to Samsung or TSMC. Zhou Shi said indifferently
"But......" One expert seemed to want to say something.
"No, we can't afford to pay for someone else's daughter-in-law. Zhou Shi interrupted the expert's possible complaints.
"So the question now is how to acquire SMIC?" said one expert
"And if we can't buy it, is it necessary for us to continue to acquire Singapore's licensed semiconductors?" Zhou Shi, "Can we get the government's policy and financial support, or what conditions can we meet to get the government's support?"
Without the support of the government, Zhou Shi's investment in chip foundry enterprises can only burn their own money, and with the government, they can burn taxpayers' money, and it is relatively more comfortable to burn other people's money.
I don't expect them to really make effective suggestions, but they can't help but create value, which is not only a company need but also an individual need. Zhou Shi also learned after leaving here that many of the tea drinkers in the courtyard were friends of their real employees, who came to drink tea and chat with the party, and regarded this as a club of high-level intellectuals. Hey, the idea is always beautiful, but the reality is always cruel, it seems that you still need to change the office location in the future, there are more people, and the confidentiality here is very questionable.
A few people from AMD's side were temporarily transferred over, and once again made concessions to the local tycoons in Abu Dhabi, trying to end the negotiations there as soon as possible. Then he contacted Morgan Stanley and officially joined the competition for ZTE International.
Zhou Shi, who originally wanted to leave Yanjing, unexpectedly got a chance to meet with the big guy in Zhongnanhai.
How to meet, what was said is not worth studying, the big guy made an unexpected request, let the gossip celestial phenomenon set up a branch in the country, and said that someone would sponsor it. This is strange, for three months in a row, the Bagua celestial phenomena have been predicted wrong, and it has also caused a lot of trouble to the prediction location. Maybe they think this is science, but the specific reason is difficult for Zhou Shi to understand, and he generously agreed to this request. The bigwig encouraged Zhou Shi to contribute more to the country and make efforts for the development of the domestic high-tech field, and Zhou Shi had no reason to refuse. Before leaving, the big guy politely asked Zhou Shi what thoughts and suggestions he had for the government and what else he needed help with.
"Big man, I am very interested in SMIC, that is, the domestic semiconductor foundry, and I am willing to make efforts and contributions to the country's semiconductor industry. However, in addition to capital and technology, there are many difficulties. "Zhou Shi is not an old fritter, and he doesn't care whether the big guy is sincere or not, he said this directly.
"Oh, what's the problem, can we help you solve it?"
"It is also our difficulty, and it is more difficult in the field of domestic semiconductor manufacturing foundry. The fragmentation of SMIC's equity and chaotic management are the biggest difficulties they have encountered in their development. I have companies that work with SMIC, and their yield rate is almost the worst of all foundry companies, and most of them are not due to technical reasons. The second is the problem of funding, we have a lot of cash, but without the policy support of the government, it is almost impossible to catch up with the development of TSMC, unless we have unlimited funds. Finally, there is the technical problem, as a multinational company, especially during the financial crisis, as long as we are willing to pay money, the technical problem is not too big for us. Zhou Shi said a lot in one breath.
"Yes, there is a lot of faith, but these things are not said with words. The big guy joked about Zhou Shi and didn't say anything.
"So to prove our ability, we try to try to get Lehman Brothers out of business by October. If we do, I hope that after the acquisition of SMIC, it will be treated as a quasi-state-owned enterprise. Zhou Shi used Lehman again, Lehman cried and fainted in the toilet, who is this provoking, is it necessary to take him out and whip the corpse all the time, Zhou Shi laughed, it's just a waste use.
"Quasi-state-owned enterprise treatment? Do we have this treatment?"
"If this statement is not good enough, then in another way, I hope that SMIC can become a national enterprise, can enjoy the state's support in taxes, loans, financial subsidies and other aspects, I promise to only invest within ten years, not to take a penny of profits from SMIC, unless bankrupt within ten years, not to transfer a share, any external capital increase and share expansion, state-owned enterprises have priority, after ten years, if there is a share transfer, state-owned enterprises have priority. I use all my assets to guarantee that if SMIC grows well, our total investment in 10 years will not be less than 10 billion US dollars. "Zhou Shi
"Good!"
(End of chapter)