Three days later, in the conference room of the hotel where Li Feng was staying, a negotiation was going on.

"We all know that semiconductor design is one of the most difficult technical jobs, and semiconductor manufacturing is also one of the most money-burning businesses, which is a technology and capital intensive industry.

Earlier, due to the lack of foundry mode, the semiconductor industry was monopolized by several companies, so it can be said that the foundry model here in Wanwan has opened the segmentation of semiconductors and lowered the entry threshold of the semiconductor industry.

We all believe that with the development of science and technology, there is no doubt that semiconductors as the support of modern technology, especially chips are the brains of it, and more and more IC design participants will bring enough orders to the foundry, and the future must be bright.

However, if you want to put design and factory in one pot, to be honest, at least for now, there is still a lot of gap between the design strength here and the top companies in Europe and the United States.

Therefore, Mr. Cao, even if UMC is at its lowest point and most difficult period, we are willing to cooperate with Mr. Cao, but we hope that UMC can focus on wafer foundry and manufacturing.

As for the design department, I hope that Mr. Cao can reorganize the company and separate the design department, I think your previous MediaTek model is good.

……

In this way, we can not only dispel the concerns of your previous partners, but also maintain UMC's focus, we all know that, at least for now, both UMC and Semiconductor Manufacturing Co., Ltd. still have a certain gap with the large process technologies in Europe and the United States in terms of process technology.

As far as we know, TSMC seems to be already developing 0.18 micron process technology, and I heard that the results are about to be released, for this, I think as TSMC's old rival, you should not be unaware.

But in fact, even if you haven't mastered the 0.18 micron process technology, the large wafer factories in Europe and the United States have already existed.

We hope that UMC will focus on foundry and process technology research in the future, and according to our predictions, the next 12-inch may become mainstream, in addition to integrating several foundries, we also hope to further expand.

For example, it is inevitable to re-establish several new 12-inch foundries, whether it is a new construction or mergers and acquisitions, to further strengthen its own strength.

Focusing on the research and development of process technology, what does it mean for wafer foundry, I think you are experts should be very clear, Moore's Law has been proven, and semiconductors will generally follow this law in a short period of time, from the previous 0.25 microns, to the upcoming 0.18 microns, and the next step, maybe 0.13 microns, and then enter the nano level.

......

Another point is that at present, several major wafer foundries under UMC are joint ventures with related design companies, and each foundry is only responsible for related enterprises and other businesses, which is obviously inappropriate and a serious waste of capacity resources.

We hope that you can persuade the cooperative enterprises to reorganize the company, form a group company, integrate all resources, and give full play to the production capacity effect.

At the same time, we hope that UMC can go out and build factories in Singapore, the United States and other places, and we can invest, so we naturally hope that UMC can completely throw off all competitors and become a leader in the semiconductor manufacturing industry.

This is also our expectation for UMC, we choose partners, and we hope that our partners will have the same goal of creating a world-class enterprise as we do, such as being able to compete with Intel in the future. ”

……

Xu Haifeng first talked eloquently to a group of people represented by Cao Xingcheng of UMC, and the meaning was very clear: if UMC does not reorganize, then there is no possibility of cooperation, and if it agrees to the reorganization, there is a premise for cooperation.

At that time, Century Tianya Investment Company will ask for money and make a strong contribution to help UMC establish its leading position in the field of wafer foundry.

After listening to Xu Haifeng's explanation, at least Cao Xingcheng was excited, obviously, Li Feng's optimism and ambition are in line with UMC's development plan.

If Li Feng has the financial support to re-establish several major wafer foundries, then UMC will completely get rid of Semiconductor Manufacturing Co., Ltd. Thinking that UMC could completely defeat Semiconductor Manufacturing Co., Ltd., this group of people was excited, and it was estimated that they were completely brainwashed by Cao Xingcheng, the big guy.

"Mr. Xu, first of all, our 0.18 micron process technology has basically matured, and technically speaking, we have basically caught up with the industry level, so I don't know how much support you can have?" After listening to Xu Haifeng's words, they all whispered to each other, and then Cao Xingcheng asked on behalf of UMC.

"Mr. Cao, it's not about how much support we have, it's about how much of the shares you are willing to give up, and even, we don't mind buying UMC directly, as long as you are willing. Facing Cao Xingcheng's words, Xu Haifeng glanced at Li Feng, and then replied with a smile and affirmation.

……

Li Feng sat on the sidelines, watching the negotiation process between Xu Haifeng and UMC led by Cao Xingcheng on behalf of Tianya Investment, and couldn't help but be surprised when he heard Cao Xingcheng say that he already had a mature 0.18 micron process technology.

In fact, in terms of 0.18 micron process technology, UMC's technology is not inferior or even slightly better than that of Semiconductor Manufacturing Company.

Unfortunately, after 2000, in the process technology of 0.13 microns, UMC finally lagged behind, and was finally distanced by TSMC in technology. This is also one of the important reasons for the later decline of UMC.

For UMC, Li Feng is really looking forward to it, today's UMC is not inferior to TSMC in all aspects, think about the future TSMC, which is known as the 'world's No. 1 semiconductor company', with a market value of more than $200 billion.

If UMC also develops smoothly, and can even keep up with TSMC in the future, then your investment will really be doubled. As for why TSMC was not chosen, Li Feng This is the result of careful consideration.

TSMC is led by the government, and it is very difficult to acquire shares, while UMC has been completely restructured, and the government does not own shares, which is relatively much simpler and less complicated.

Wafer manufacturing only needs to negotiate with the factory's partner companies, which are all joint ventures established by Meidi and even UMC's customers, and Cao Xingcheng and other management have the right to decide.

……

What Li Feng didn't know was that this may be one of the reasons why UMC and Cao Xingcheng were later treated differently by the Wanwan government.

In the previous life, UMC and Cao Xingcheng were the first to invest in the mainland and invested in the construction of a wafer foundry in the mainland, but this investment almost put Cao Xingcheng in prison, which eventually led to Cao Xingcheng leaving UMC ahead of schedule.

It turned out that Wanwan at that time regarded the technology of the wafer foundry as a treasure, and it was a project that was expressly forbidden to invest in the mainland, and it was during the flattening period at that time, so the result can be imagined.

Naturally, the government's loss of shares is actually a reason. After all, at that time, Wanwan's wafer foundry was invested in many regions, and there was no mention of technology leakage.

At that time, UMC was a leading bird, and your company had no government shares.

However, without the issue of the government's shares, conditions were naturally created for foreign capital to become shareholder, and Li Feng's Wanwan itinerary was born. Similarly, Li Feng's background in the United States imperialism actually has a lot of help.

If Li Feng is domestic and wants to invest in UMC or something, he doesn't have to think about it.

……

Soon, several points of consensus were reached, first of all, that UMC now needs funds, and good news will allow UMC, which felt unfavorable because of the fire, to be brought into practice as soon as possible.

The second point is that for the restructuring company proposed by Tianya Investment, all major wafer fabs are included in the company, resources are integrated, and unified management has been agreed, after all, this is a very good measure for UMC, and there is no reason to oppose it.

Finally, it is a matter of negotiating equity, how much capital to invest in and how many shares can be occupied, which is not something that can be negotiated between the two, and it is also necessary to discuss with each partner of the wafer fab, after all, each of the previous wafer fabs was a joint venture.