Chapter 348: SMIC, which is struggling to develop

When I woke up the next day, Zhou Shi's assistant had already arranged today's itinerary, but there was not much to arrange, that is, to go to SMIC.

The red-faced Zhang Yujing received Zhou Shi, and it seems that the lawsuit between SMIC and TSMC is progressing well, and with the help of billion-dollar debt, SMIC has also made a lot of progress.

The richest man in China came to SMIC, and his influence is still quite large, and SMIC has a lot of Wanwan people, but there is a Wanwan person in the entrepreneurial team of YouTube, and Zhou Shi has a very good relationship with him. I also have some understanding of the thoughts of the Wanwan people, but the worship of the strong is a sentiment shared by most ethnic groups.

Sixiang Fund became the majority shareholder of SMIC, but there was no big change to the board of directors, mainly because there was no suitable candidate, so it had to continue the original team. But it doesn't matter, the White Tiger Fund is still continuing to absorb SMIC's equity. Coupled with the billion-dollar debt and the $300 million debt-to-equity swap agreement, Zhou Shi is full of confidence in the eventual control of SMIC.

"Thanks to your financial support, we have absorbed a large number of technical talents," Zhang Yujing said excitedly, "This is the new Zhao Haijun, graduated from Qinghua University, Ph.D. in electronic engineering, Master of Management from the University of Chicago, and holds management positions in the Singapore Institute of Microelectronics, Texas Instruments, Singapore TECH Semiconductor Co., Ltd., and Taiwan Maode Technology Co., Ltd." And Qiu Ciyun, my old partner. ”

"Is Yang Shining coming back?" asked Zhou Shi, Yang Shining is the CTO of Singapore Chartered Semiconductors and the veteran of SMIC, with strong technical strength. Singapore will be able to mass-produce the 32nm manufacturing process in the second half of this year, and it will be able to enter the 28nm process next year, and SMIC will still be staying at 45nm. However, the Singapore concession under the control of Galaxy Capital's White Tiger Fund will gradually transfer backward process manufacturing technology to SMIC, such as the 45nm manufacturing process that began to be transferred this year.

"He has promised to come back and will be in office in the second half of the year. "Zhang Yujing

"Let's talk about the development of the company first, what aspects are we involved in?" Zhou Shi looked at some of the information collected last night, and found that SMIC is really not simple.

"We provide customers with a full range of foundry solutions to meet the different needs of customers with one-stop service......" After sitting down in the office, some people began to understand, or that set of high-sounding words.

"Don't say it, let me just say it, our company still has a solar business?" Zhou Shi

"Yes, we have such a business. "A vice president of SMIC

"Turn it off, I took a look, SMIC's business scope is large and complex, this is not good, we must first become stronger and then bigger, and concentrate on doing a good job in chip foundry. "Zhou Shi

As soon as Zhou Shi's words fell, everyone looked at Zhang Yujing, who was the chairman of SMIC. Zhou Shi is just a representative of major shareholders, and although he has two positions on the board of directors, he is only a representative of major shareholders, and it seems inappropriate to directly participate in the management of the company.

"Mr. Zhou, this ......" Zhang Yujing didn't know how to refute, although Sixiang Fund gave SMIC a lot of help, but Zhou Shi's age and qualifications were not convincing enough, especially since he had no experience in the semiconductor industry, and he didn't understand many things. Listening to a layman's words, can SMIC really develop?

"Let's talk privately, what are SMIC's plans and progress for the next generation of manufacturing processes, and when will we be able to bring 32nm and 28nm manufacturing processes online?"

"We will be able to mass-produce the 45nm manufacturing process in the second half of this year!"

"Singapore concession can be mass-produced at the end of this year32nm, when will you be in the second half of the year, the third quarter or the fourth quarter?" Zhou Shi is unhappy, SMIC obtained IBM's technology authorization from December 07, and in December last year, the first batch of products has passed the yield test, but it has not yet completed mass production, which is really slow.

"They're from the IBM Technology Alliance, and we're on our own. Someone whispered

The technology alliance is made up of IBM, GLOBALFOUNDRIES, Chartered Semiconductors, Infineon, Samsung Electronics, STMicroelectronics and other companies, and the technology is more advanced, and the 28nm low-power technology evaluation kit was made available to early experience customers in December last year and opened to the entire market in March this year. Initial pilot production of the new process is expected to begin in the second half of 2010. The development of licensed semiconductors is also lagging behind, and when their technology is more advanced, Spreadtrum's most advanced chip manufacturing will try to let the licensed semiconductors be produced, and the second-class will be produced by SMIC.

Only then did Zhou Shi realize that this group of experts was just like that, feeling spineless and arrogant. I am not in the mood to talk to them, just listen to their reports, Huatou is also on the board of directors of SMIC, and when Galaxy Capital enters the board of directors, Zhou Shi will sort out the management of SMIC to reduce internal friction like in his previous life. At least a person like Wang Ningguo can't let him take the throne.

Not long after, Zhou Shi came to Zhang Yujing's office, he was older than Zhou Shi's parents, but so what, it can't be because the other party is old, has made great contributions, and is a person with ideals, just listen to them, then what is the point of Zhou Shi investing in SMIC, what he wants is not a passable SMIC, not a company that can't see TSMC with a telescope like in his previous life. What he wants to do is that after ten years, the franchise plus SMIC has at least the same potential as TSMC, and after ten years, the combined market share of these two companies will have one-third of TSMC.

The current situation is very complicated, the licensed semiconductor has a technical advantage, but Galaxy Capital will not always give him financial support, SMIC has a policy advantage, as long as it is on the right track, there will be no shortage of money in the future. But the two companies can't merge now, or else many things will be difficult to continue, for example, it will be more difficult for chartered semiconductor companies to obtain the latest technology.

"Mr. Zhou, I still don't go to Singapore. After sitting down, Zhang Yujing said that the things that had been said to be good had changed again.

"Why?" Zhou Shi didn't get angry, but asked cooperatively.

"It's not good for us to provoke TSMC, their strength in the field of semiconductor foundry is unmatched, and if we are blocked, the consequences will be unimaginable. There is no need to frustrate SMIC's development for a little battle of will, it's not worth it. "Zhang Yujing

TSMC has a market share of more than 50% in semiconductor foundry, GLOBALFOUNDRIES is second, mainly AMD's business, and Samsung Semiconductor is third, but after Galaxy Capital's acquisition of licensed semiconductors, Samsung may rank second.

"In that case, then forget it, how are your negotiations with TSMC, do they agree to reconcile?" Zhou Shi

"TSMC is also suffering from internal and external troubles, and it should agree. "Zhang Yujing

"Try to be as fast as possible, I'm worried that Zhang Zhongmou may come back to the mountain. "Zhou Shi

"Well, his character is a possibility, and I heard that he is in good health, so I have to guard against it. I aim to conclude the negotiations within two months. Zhang Yujing, "By the way, someone wants to hire the CEO of Wang Ningguo's company, do you think it's appropriate?"

"No, this person can't be chosen!" Zhou Shi said decisively, he thought of this guy just now, and he actually appeared immediately.

(End of chapter)