There is no love for no reason, and there is no hate for no reason, Temasek was the majority shareholder of Chartered Semiconductor (62.3% of the shares), and even Temasek's Chief Executive Ms Ho Ching was also the President of Chartered Semiconductors. After Galaxy Capital acquired Chartered Semiconductors, there was basically no change to the original management. It's just that he continues to install his own people, controls several core key departments, such as R&D and finance departments, and has begun to take a lot of actions on manufacturing, but still maintains the previous system. After all, Chartered Semiconductor was the world's third largest semiconductor foundry before, but its annual operating income was less than $2 billion.

Before Xie Songhui came to the United States, Zhou Shi had heard many rumors, and this time it seemed a little abnormal to tout Globalfoundries's unsparing efforts. Knowing that Xie may still be a courtier of Temasek, not a subordinate of Zhou Shi, he may not have thought much about being responsible for him. It's not that merging with GLOBALFOUNDRIES isn't good, but there's no precedent for ATIC, the high-tech company in charge of the Arabas, to do well. It's not geographic, it's true. It is not unreasonable that GLOBALFOUNDRIES spent a lot of money and ended up being worse than SMIC.

No matter whose money Xie Songhui received, or what he thought, it didn't matter to Zhou Shi, so he wouldn't bother with such a character and lose his identity in vain. If there is something to find the country, he is not a person without backers. After the subprime mortgage crisis, the economic recession in Europe and the United States, the increasingly strong economy and politics of China, and the financial and economic industries are far from the situation of a few years ago, it is impossible for Singapore not to notice the existence of China's power. Although GIC (Government of Singapore Investment Corporation) and Temasek together can barely compare with Shanghai Huatou, the strength of the two sides will only continue to grow, which is not the talent and technical advantages that can be brought closer, but simply the strength of Chiloulou. Of course, it is irrational to confront Temasek in an all-out way, although Temasek is more about investment than control, and its ability to allocate resources is not necessarily strong, but Zhou Shi's lack of reaction as a big boss who controls hundreds of billions of dollars in assets is the biggest mistake. Don't say that Xie Songhui's preference for Grofoundries may be personal, or if he does think so, but does it matter?

When he returned to China, Zhou Shi quickly fed back the news, and what did he say? Some people wanted to seize Huaxia's overseas semiconductor foundry industry! For this reason, the leaders of the Ministry of Information Industry met with Zhou Shi specifically for this purpose.

"The licensed semiconductors are yours, how can they be related to the state?" leader

"There are some things that don't need to be said explicitly, what is the country's technical level in the field of semiconductor manufacturing, I have invested tens of billions of dollars in licensed semiconductors, is it for myself to make money? Apple will not want to build a semiconductor foundry, I invest tens of billions of dollars now can I make it back, or two words, is it really necessary for me to do such a thankless thing for the needs of SMIC and franchising? If it is not for the sake of the country, master its own core and key technologies, is it necessary to do so?" Zhou Shi

"You all know what you want, but the relationship between the two countries is not so simple, and it is not within our purview......" the leader

"Without the support of the state, I would never invest in semiconductor foundry, in fact, it is in my personal best interest for Globalfoundries to acquire Semiconductor Chartered Semiconductors, I can transfer these billions of dollars to other places, and the investment income is definitely not worse than now." If the country really can't do anything in this matter, I can't face two forces that are much stronger than me alone!" Zhou Shi said with a little dissatisfaction

"But if the state wants to come forward, the licensed semiconductors can't have nothing to do with the state..... "leader

"Isn't the technical strength of the country that doesn't want to be licensed further improved? Any state-owned capital will affect the progress of licensed technology, this is a self-evident thing, I think it's not difficult to understand, but I think there should be a chance in five years, at that time the country's strength should be able to make more countries have scruples......" Zhou Shi

"It's better for you to take a long-term view, I will respond to your requests, and your affairs won't drag on for you for too long......" leader

"Thank you, leader, this matter will trouble you......" Zhou Shi

"What's the trouble, the state is the ...... at your service" leadership

......

Zhou Shi's investment in licensed semiconductors is really not to make money, this kind of strong industry, investing in TSMC is the best choice, Xuanwu Fund must have invested in TSMC, but the return on investment is somewhat low, and the stock price has risen less than twice in two years. In 2011, the market size of the entire semiconductor foundry industry was only 32.8 billion US dollars, TSMC accounted for half, and the profit margin was about 35%. Even if this market grows at a rate of 10% per year, it will be more than $80 billion in ten years, and TSMC, the leader in the market, will have a market value of $200 billion in 2018 according to the current trend. If the market value of licensed semiconductors is less than $30 billion based on a market share of 15 percent, a profit margin of 20 percent, and a price-to-earnings ratio of 15 times, how much will he have to continue to invest in these years to double the market share of licensed semiconductors?

The crying child has milk to drink, Zhou Shi's roots are always in Huaxia, and his existence has a great effect on the world's understanding of Huaxia, including the improvement of Huaxia's soft power. Zhou Shi has long had a team on Facebook, Friendster, Twitter, and YouTube to promote Chinese culture, including using videos, comics, jokes and other forms to introduce the differences between Chinese and American cultures. Including Starlight Film and Television, it has gradually received special care, at least much higher than the current status of Huayi Brothers, which has more or less his bonus.

After separating from the leader, Zhou Shi made an appointment to meet Liu Chuanzhi, chairman of Lenovo, although Zhou Shi felt that Liu Lao's pattern was not big, but his life was much better than Zhou Shi, otherwise why hadn't he seen any bigwigs in China directly scolding him, you must know that even Jack Ma has people who think that he is the scourge of the real economy. Don't say the words of greetings, the ghost knows how polite they are, it shouldn't be asking: Did you eat today......

"Is Lenovo interested in IBM's x86 server business?"

"What's the matter, they want to sell this part of the business?" said Liu

"No, but I can find a way to get them to have this idea. "Zhou Shi

(End of chapter)