Chapter Seventy-One: The Difficulties of the Fab

As soon as Tong Jun spoke, everyone exploded.

"The boss is going to make a big move? Mr. Chen, what is the wafer factory?"

"5 billion, my mother, can crush me 100 times!"

……

Everyone talked for a long time, but they couldn't get back to the topic, Li Xiaoming's face was dark, how could he feel that he couldn't talk about a serious matter?

"Okay, don't be poor, listen to me, Longtu Electronics can get very core technology here, but I don't want to find someone to OEM, I plan to build my own chip production factory, this factory has extremely high technical requirements and huge investment, so you need to find a way to make money, think about it, such a big gap, how to make it reasonable!"

In an instant, the group fell silent.

After a while, Chen Wu took the lead in speaking: "Express can complete about 90% of the transfer stations and terminals with its own funds, and then go to the bank to mortgage about 20 billion." ”

Li Xiaoming looked surprised: "That means that you don't need to pay attention to the courier to raise funds this time?"

"Yes. ”

"The funding gap is about 30 billion, of course, this is the early stage, the entire wafer factory to get down, tens of billions may not be enough, everyone think about it, what to do. ”

Tong Jun: "Boss, let's talk about it, 30 billion and 100 billion, respectively, the time period required." ”

Li Xiaoming thought for a while: "The early 3 billion will be in place within a year, and at least 1.5 billion will be prepared in advance, as for 10 billion, I don't know the specific time of use, but once the wafer factory is started, it may be necessary at any time." ”

Tong Jun: "...... Boss, make a plan, you're going to make it difficult for me to do this at any time, that's not how the capital chain plays!"

Li Xiaoming scratched his scalp in distress and thought about it seriously: "In the case of only investing in one production line in the early stage, we can gradually debug to improve the yield rate, so that the investment pressure is the smallest, if it is estimated in this way, it will be about the same as investing 10 billion to 15 billion in 3 years." ”

Tong Jun fell silent, he opened his notebook, took out a pen, and quickly calculated.

Xiang Qiang: "Boss, what's the panic, it's a big deal that in two months, the direct public beta of "Dragon Babu" will start operation! Besides, now several projects can have a surplus of more than one billion a year, it should be enough!"

Li Xiaoming's head was beating with green tendons, it would be nice if it was that simple! Don't you need money for other projects? Longtu Building still has a full 50 floors that have not been renovated, and it still needs to build a factory building, a staff dormitory, and money is also needed for the fund after it is finished, and Chen Wu's express delivery also needs money for the follow-up operation, and the project in cooperation with Ma's father also needs money, and it is so easy to ask for money everywhere.

Li Xiaoming didn't pay attention to Xiang Qiang, but Liu Minghan pondered for a moment and spoke.

"In fact, Longtu's current debt ratio is very low, we can consider mortgaging some of Longtu's industries to arbitrage cash, and it should not be a big problem to maintain such a capital chain after the follow-up project is put into operation. ”

Li Xiaoming said: "I don't think the follow-up problem is really big, but the wafer factory is really a gold swallowing beast, I don't think our company's annual net profit can reach more than 5 billion, that's too rebellious, it's already very good to have more than 10 or 2 billion." ”

"More than one billion cash, leveraging 10 billion projects, theoretically speaking, the problem is not big, but it needs to be reasonably calculated, our company is a high-quality enterprise, and the bank is more friendly to us. Liu Minghan added.

Hearing this, Li Xiaoming nodded, and finally needed to see what Tong Jun was saying, after all, he was a professional.

Everyone asked a lot about the wafer factory in the group, and Li Xiaoming also patiently answered them one by one.

The focus is on what exactly this factory does and why it has invested so much.

In fact, wafer refers to the silicon wafer used in the production of silicon semiconductor integrated circuits, which is called wafer because of its round shape, and can be processed into various circuit component structures on the silicon wafer to become integrated circuit products with specific electrical functions.

In order to put it simply, Li Xiaoming simply summarized it as a production plant related to the production of baseband core, with extremely high technical requirements, and the current more advanced production lines are divided into 0.25 microns, 0.18 microns and 0.13 microns, and there are only 6 0.18 micron production lines in Asia so far.

Li Xiaoming directly aimed at the 0.18 micron production line, in this era of obvious technical barriers, you can imagine how difficult it is to achieve such a goal.

As for 0.13 microns, hehe, don't be funny, don't even think about it, it's impossible!

However, TI has begun to move towards nanoscale wafer production technology, but this does not prevent the West from deciding to blockade the development of high-tech in the East.

As for why Zheng Yaoguang is behind the blame, it is to prepare for the wafer factory.

If a Chinese company wants to build a wafer factory as a sole proprietorship, it is almost impossible, either foreign capital is allowed to enter, or it needs to have a strong enough background, so Li Xiaoming generously sold 5% of Longtu Electronics' shares with 100 million.

Seeing that Tong Jun hadn't replied yet, Li Xiaoming thought about it, picked up the phone and called Daipu.

"Hey, Mr. Depp, does TI have any plans to support the establishment of fabs in Asia?"

As soon as Li Xiaoming spoke, he startled Depp.

In his thoughts, even if Longtu Electronics has mastered the core technology of baseband, it should still go to TSMC or UMC for the final OEM production, he never thought that Li Xiaoming had such a big appetite, and he actually wanted to cover the entire industrial chain single-handedly!

"Lee, you're not crazy, are you?"

"I'm certainly not crazy, I've never been so sober. ”

Depp shook his head like a rattle, and he didn't care if Li Xiaoming could see it on the other end of the phone: "This is impossible, this is absolutely impossible, Li, you must know that although TI is a company, it is first in the United States!"

"Mr. Depp, don't worry, I think you can still talk about it, after all, your current technology is moving towards nanometers, and a little outdated 0.18 micron technology should still be good, right?

Li Xiaoming paused and added: "Do you still see less bad money driving out good money?"

Depp still refused to let go: "Li, although you have handed over Longtu Electronics to me now, and I, as the CEO of Longtu Electronics, should stand in the perspective of Longtu Electronics, but you must know that TI is not stupid, if they let us open up the 0.18 micron wafer production technology, who can guarantee that we will not be able to develop more cutting-edge technology based on the product?"

Li Xiaoming pinched his eyebrows with a headache, and said helplessly: "Try it, Mr. Depp, it's hard to ride a tiger!"

Depp was silent for a long time: "I try my best, but it's better not to get hope, I think, it's difficult." ”