The main reason for China's weakness in the chip industry is the technological blockade of Europe and the United States, which cannot introduce the most advanced semiconductor production equipment, and can only overcome the difficulties of equipment. Pen Fun Pavilion wWw. ｂiquge。 ｉｎfo

The global semiconductor industry is widely distributed, with typical characteristics of global international division of labor, with countries such as the Netherlands, Germany, Belgium, and Sweden providing equipment, the United States being responsible for design, and Japan, South Korea and Taiwan being responsible for production.

Any environment is blocked from China.

Although the Huayin consortium has acquired several small and medium-sized semiconductor equipment manufacturers in Europe through the British Phoenix Capital Company, and built a new ecosystem different from x86, it is only targeting the smartphone market.

Constrained by the technology blockade policies of Europe and the United States, the Huayin Consortium is actually unable to openly control RAM companies, and can only authorize the RAM ecosystem to Tencent Group through the operation of the board of directors, and Tencent's chip companies will design smartphone chips, and then SMIC will tape-out and produce them.

The status quo is brutal, SMIC's technology does not have an advantage, in comparison, TSMC already has 45nm technology, and Intel is advancing to 32nm.

As for SMIC, 90nm technology is all from TSMC, and the worst equipment needs to be imported, once TSMC's lawsuit in the United States is successful, the U.S. court orders a technical blockade against SMIC, banning the import of U.S. equipment, and at the same time affecting Europe, it will be an apocalyptic result.

Although domestic equipment can reach the standard of 0.14 microns, the yield rate is very low, and it can only be used in the military industry, even if it is the demand for military chips, it is best to use SMIC's 90nm technology platform to produce, but it is secretly produced and not disclosed.

In July 2008, the specter of the financial crisis in the United States was already emerging.

The Xu family roughly completed a number of transactions, selling high-tech stocks and resource stock securities at a high price in exchange for working capital, holding $40 billion in cash flow, but unable to clamp TSMC or solve the problems of the domestic chip industry, which is probably also a helpless sadness.

To tell the truth, from 2001 to 2008, the investment of the Xu family and Huayin Consortium in China's chip industry was unique, and it almost single-handedly promoted the development of this industry, from equipment to technology, from design to packaging and testing, as well as basic talent training, the combination of teaching and research, and the promotion of the whole industry chain.

8 years, 8 years of anti-Japanese war.

The total investment of Huayin Consortium in the chip industry exceeds 120 billion, of which 70 billion is invested in SMIC, 20 billion is invested in BOE, 22 billion is invested in Langke Electronics, and the rest are invested in talent training, equipment and other surrounding areas, and there are also nearly 10 billion investments.

In addition, the Xu family has also taken out more than 20 billion yuan.

While these investments are mainly credit, and the three major semiconductor companies are supported by the provision of excess credit through a number of banks controlled by the company, the Xu family and the Huayin consortium themselves bear huge guarantee risks.

With so much money flowing, where is it not profitable to invest it?

Now, SMIC is making money, as for how it makes money, that's another matter, BOE and Langke Electronics are absolutely not profitable, Xujia, Huayin consortium and domestic scientific research institutes jointly founded those equipment manufacturing companies, all lose money, invest hundreds of millions a year, can not sell a set of equipment is very common.

If some people think that so much money is exaggerated, it is an exaggeration, the total is only 18.5 billion US dollars, and Intel and Samsung invest no less than 3 billion US dollars in scientific research every year in the semiconductor field.

Intel, Samsung, TSMC, these are the three major chip manufacturers.

None of these three companies need to study equipment, but only need to specialize in production and control technology, and the Huayin consortium not only has a huge technological gap, but also has to overcome the difficulties of equipment at the same time.

That's what pain is called.

Fortunately, China has been blocked for too long, although the technology is not very good, fortunately, there is everything, the entire industrial chain of the semiconductor industry, all have, taking the production of a computer chip as an example, the whole process requires more than 40 professional equipment, and there are corresponding scientific research institutes in China specializing in one field.

If we get together, we can also be independent of the European and American systems and be self-contained, but the technology is a little worse, and we can't do 45 nanometers, and the 0.14 micron process can still be achieved -- this is of course also related to the huge investment of the Xu family and the Huayin consortium in the past eight years.

Xu Teng actually doesn't expect to overthrow Intel, he is already satisfied that he can overthrow TSMC and Samsung, and make the Huayin consortium one of the world's top three in the semiconductor industry.

Therefore, the Huayin consortium is negotiating a joint venture with AMD during this time, because AMD has an X86 authorized patent, and Taiwan's VIA company also holds an X86 license, but this license will expire in 2018, and it is unknown how to extend the license.

By supporting AMD, weakening Intel's monopoly position in the field of chips, and focusing on promoting mobile phone chips and GPUs, memory chips, GPU graphics chips and memory chips pay special attention to the accumulation of technology, even if the latest generation of GPUs launched by INVISTA, 90% of the technology is still derived from the accumulation of previous generations of products, which also means that GPU and memory chips are also industries with extremely high entry barriers.

The Huayin consortium can only continue to focus on GPUs and memory chips in the field of mobile phones and mobile terminals, so as to avoid the mainstream market of the three giants of NVIDIA, ATI and AMD.

Strategically, Xu Teng's strategy is to fully expand the semiconductor industry and build a comprehensive industrial chain in China, and tactically, he only specializes in the mobile phone and mobile markets.

At least at this stage, in ten years, he will mainly make chips for smartphones and mobile terminals, from design to tape-out, packaging and testing, and then from chips to mobile phones, he wants to eat as much as Samsung.

……

TSMC sent Cai Lixin to the mainland to negotiate this time, in fact, it wanted to make a direct deal with Xu Teng, and use the lion's mouth to force the Huayin consortium to accept a joint venture agreement.

TSMC wants to invest in the mainland, and it wants to join forces with the Huayin consortium, on the condition that the Huayin consortium stop investing in the field of chip foundry.

Duwan people, as long as it involves the mainland, the IQ is relatively simple.

Even if TSMC does not know that the actual shareholding of the Huayin consortium in SMIC is as high as 70%, it is estimated that it is not less than 40%, which is at least a total investment of more than 40 billion.

They will take out the 90nm technology platform and put it into production after 3 years, which wants the Huayin consortium to end its investment in SMIC, which is really too high, of course, TSMC is enough to ridicule the technical level and performance status of the entire mainland chip industry, and it is indeed qualified to be arrogant.

Before Cai Lixin came to the mainland, he thought about the whole thing many times, and he thought that Xu Teng would be very ...... He was very courteous, met all the requirements of him and TSMC, and knelt down to ask for cooperation.

After so many years of business, Xu Teng could guess the other party's thoughts and intentions with his eyes closed, so he simply let this person go.

It is very cool to let others get out of the Oriental Building in disgrace, but the price is not small, after all, the handle of SMIC is in the hands of Cai Lixin and TSMC.

Day 2.

Xu Teng arrived at the Phoenix Stadium in the evening, which is the professional stadium of Huateng International Football Club in Pudong, Shanghai, and the logo of Huateng Club is also a phoenix with wings spreading, which is basically the same as the trademark of Huateng Company and the family crest of the Xu family, and the logo of Liverpool Club is also very similar.

This gymnasium was built in 05 years, and it just began to be fully opened in April 08, only 2 kilometers away from Pudong Financial Street and the Asia-Pacific Financial Center Building, which is basically in the downtown area, occupying a large piece of land.

The surrounding areas of the gymnasium, Huzhou Phoenix City, Wanbo Garden, and Sunshine Paris are basically the real estate projects under the Huayin Consortium, and the seven real estate companies have joined hands to develop and operate the whole section under the coordination of the headquarters -- this is one of the many conditions for Huzhou City to invite the Huayin Consortium to settle in Huzhou, and other real estate companies have calculated an account for the Huayin Consortium, and the Huayin Consortium has seized more than 60 billion yuan of land in Huzhou just in the field of real estate and support.

Nowadays, "100 million" is just a digital unit, and for the top 10 real estate developers in China, any piece of land in Beijing, Shanghai, Guangzhou and Shenzhen must start at least billions.

As long as there are banks, 100 billion, 60 billion, really are numbers.

Therefore, Wanda's Mr. Wang said that setting a small goal for himself first, for example, earning 100 million first, is really not pretending.

This is called habit becoming nature.

What's more, Xu Teng?

In the operation of the whole section of the Pudong financial district, the companies of the Huayin Consortium basically participated, including film and television entertainment cities, schools, hospitals, hotels, banks, supermarkets, luxury stores, and top suit streets, which were the model projects of the whole operation, creating a national logo plate and attracting other first-tier cities to invite the Huayin Consortium to build the city.

Country Garden will also build a city, and Hopson will also build a city, but can it be compared with the Huayin Consortium?

What is the level of the Huayin Consortium, a world-class five-star luxury hotel, a top European luxury shopping mall, and a top private hospital in Hong Kong...... If you want to be more luxurious, how high-end you want, and if you want to sublimate the city to the international level, the intercontinental level, in China, you can only find the Huayin Consortium.

Huayin Consortium has created a Pudong Financial City in Pudong, Shanghai, the core area of China's economic bridgehead, which has become very prosperous in a few years, and can be called a treasure land of every inch of land.

This is the old nest of the Huayin Consortium in Huzhou, full of Huayin Consortium properties, just sell a building, that can recover billions, in this area, the annual rental income alone is as high as one billion.

Thirty years from now, how much will it cost to rent a year here?

Huateng International Club and Liverpool FC are sister teams, and the game was played at 7 p.m., and in the evening, Xu Teng first went to the vicinity of the club, found an open-air café on a corner of Financial Street, sat down here, and selected a newspaper.

This time, only Han Dai and Guo Jian were accompanied, at least in Xu Teng's line of sight, only the two of them followed.

The hostess is an acquaintance and is too familiar.

When Zeng Quinoa was still by Xu Teng's side, there was a waitress from the same township as Zeng Quinoa at home, named Kuai Xiaoying, with exquisite tea skills, and later Zeng Quinoa left, she followed Zeng Quinoa to Ruilin Mansion as the chief foreman.

After many years, Zeng Quinoa continues to mix in the film and television industry, which is not particularly popular, but no one dares to treat her badly.

Kuai Xiaoying worked in Ruilin House for several years, and finally quit last year to open a café.

This lot was chosen by Xu Teng for her, the rent is preferential, and the money for decoration is actually Xu Teng, anyway, the waitress who has worked at home for a few years, Xu Teng rarely has nothing.

This one is no exception, not many times, but after all, that's what's the deal.

When Kuai Xiaoying saw Xu Teng in the store, she immediately ran over with a smile, personally entertained the eldest son, and recommended a cup of mocha coffee.

"Whatever, don't be too sweet, I'm going to meet with an old gentleman later, you prepare a pot of dragon wells first, I heard that old gentlemen like to drink dragon wells." Xu Teng looked at her with a smile, time has passed, and she is also the same as Mei Jiali, a woman in her thirties is a woman in her thirties after all, you can see it.

In today's Mahler Villa, Jin Xiaotao and An Ruofei are still there, they are about the same age as Xu Teng, they are still young, and they can naturally afford it.

Or rather, to accompany Xu Teng, who lives in the most extravagant palace in China...... This is a bowl of youth rice, which cannot be eaten for many years.

"Okay, I'll do things, and the leader can rest assured. Kuai Xiaoying smiled, very happy that Xu Teng could come to visit her, after all, there was love, love, but there was no love.

Xu Teng has a lot of things that have changed, there are many things that haven't changed, and he still prefers 25-27-year-old women, the rose years, both that and that, in short, it is very enjoyable.

It's like someone likes strawberry ice cream and someone likes chocolate ice cream.

Kuai Xiaoying, who is no longer at this age, is just a good memory for Xu Teng, and a special friendship after that, which feels different after all.

Xu Teng smiled, didn't say much, and asked Han Dai to send an English weekly magazine, and sat here and watched it slowly.

Soon.

Mr. Lu of Pan Asia Group arrived by car, escorted by several security guards and assistants, walked quickly to the café, and finally saw Xu Teng halfway, and immediately walked over and sat down in the vacant seat opposite Xu Teng.

"Prince Teng, we haven't seen each other for a long time. Mr. Lu's expression was a little dignified, there was no way, Xu Teng was prieing his coffin, and the assets he wanted to leave to his son were not a matter of shares in Minsheng Bank, but a matter of control.

In the past, he joined forces with the other two CEOs of the Oriental Department and the Hope Department, and the three bigwigs were able to control a joint-stock bank, and this beautiful situation was ruthlessly trampled on by Xu Teng.

Although he was trampled on, Xu Teng didn't even lift his feet, and only used one finger to gently poke him to death, knocking down the three bigwigs.

So far, Xu Teng has not personally dealt with the affairs of Minsheng Bank, and has always been Luo Yukui in charge of the agent, in the Minsheng board of directors, he is a fox and a tiger, and he does not treat the three bigwigs as people at all.

As the so-called Hades is good to say, the little ghost is difficult.

Mr. Lu's thoughts are the same as that of Chairman Zhang of TSMC, and he crossed the level of ghosts and negotiated directly with Xu Teng, the living king of Hades.

"Yes, I remember the last time I visited your old man's home, it was the Boao Enterprise Summit in 06, time flies really fast, you see, I have graduated from college this time, I have also obtained an MBA degree, and my children can play soy sauce. Xu Teng smiled, he didn't mean to hide a knife in his smile, he casually pulled a homely conversation with Mr. Lu, chatted a few words, and ridiculed.

"I heard that your wife is pregnant again, this time she wants a son, right? The old Xu family is only one of your heirs, you are not in a hurry, your parents must be in a hurry. Mr. Lu didn't mean to hide a knife in his smile, he didn't dare, he really didn't have this strength, so he could only sincerely pull family routines and make friendships.

"Old Lu, you are the old man's thoughts, in modern society, men and women are the same, besides, the second child is not good, let's have a third child, how young we are, we can afford to wait." Xu Teng drank his coffee with a smile, and he was not in a hurry to cut to the chase.

He's not in a hurry, Lu is always in a hurry.

"Xiao Xu, in the past few years that we have known each other, you have always respected me, and I respect you very much. "Mr. Lu's ugly words are about to come out, whether he can say it or not, it depends on Xu Teng's face, if he can't say it, forget it, even if he is unlucky, it is really impossible to meet such a domineering rich man as the Xu family.

"Hey, what else can't you say about my old man?" Xu Teng still leaned on the rattan chair with a smile, looking at Mr. Lu, waiting for the other party's ugly words.

"China's banks say too much, and too little. If you want to say more, there are many holding targets that your Xu family can choose from, let's say less, the really powerful national banks, you can count them on two hands, in addition to the four major banks and the two major banks of transportation and postal services, this is even if it is the six major state-owned banks, your Xu family can not all hold it in your hands. ”

Mr. Lu sighed, in fact, he also knew that he was playing the piano to the cow, and the truth in this should be reasonable, the Xu family would not be so unscrupulous, but he still had to speak, "First, this seems too domineering, and second, it will inevitably make people jealous." Mu Xiu is in the forest, the wind will destroy it, Xiao Xu, in this matter of controlling Minsheng Bank, I sincerely suggest that you think twice. ”

"Old Lu, what you said makes sense, but then again, the six major banks, the four small banks, and the only real controlling company of the Huayin Consortium is Huaxia Bank. China Merchants Bank and CITIC are not irrelevant to us, of course, we do also control the Yangtze River Bank, but this can only be regarded as a little strength among regional banks, nothing more. Xu Teng actually didn't agree with the other party's statement.

The Huayin consortium is indeed quite domineering in the financial industry, holding Huaxia Bank, Yangtze River Bank, and Fuxin Bank, and is also trying to control PN Insurance and Minsheng Bank, and also holds the largest shareholder seat in Huatai and Sunshine, two fast-rising insurance companies.

It's just that except for Huaxia Bank, PN Insurance, and Minsheng Bank, several others are not yet in the climate.

Even if these financial enterprises have become the center of the Huayin Consortium and are absolutely controlled by the Huayin Consortium, so what? Are they breaking the law? Are they illegal?

The Huayin Consortium is not a family business, but a consortia, a consortium of entrepreneurs, who will arrest dozens of entrepreneurs of the Huayin Consortium together?

So far, Xu Teng has not received any warning, and no leader has come forward to advise the Huayin Consortium not to continue to control financial enterprises, at least not at this stage.

Xu Teng's opinion is very clear: as long as the law-abiding operation, private enterprises should be bold and invigorated, bigger and stronger, and adapt to the new economic environment.

To a certain extent, China needs a Chinese Samsung consortium, not too much, but there must be one, flexible mechanism, bold innovation, to make up for the shortcomings of central enterprises, have strength, can do great things, can continue to invest in the semiconductor industry for more than ten years like Samsung, and accumulate tens of billions of dollars of bold bets.

Will the country be afraid that the Huayin Consortium will attempt to interfere in politics, and will it be worried that the Huayin Consortium will attempt to control the country's fortunes?

Isn't this a joke, don't say that the Huayin consortium can't do it, and all the central enterprises together can't do it, right?

It's impossible!

The opinions Xu Teng heard were interpreted by Lao Jiang more professionally and more clearly, that is, to continue to struggle, become bigger and stronger, and actively go out to develop.

To go out, the current foundation of the Huayin Consortium is still not enough, and it needs to continue to be consolidated.

"Old Lu, in fact, you know in your heart that we have inquired about what you should inquire, and you must have inquired about it too. I have so much to do right now, and some things, no matter how hard I try, still don't have enough money. Xu Teng said more clearly to Mr. Lu, "I know that you have a deep affection for the people, but this is capitalism, although it is nothing more than human affection, but I can't make profits." The actual holding of Huayin Consortium in the Bank of China has exceeded 45%, and more than half of the outstanding shares are concentrated in our hands. I vouch for my personality that I will never tear down the bridge in the river. ”

Xu Teng means that he will first take the chairmanship of Minsheng Bank, the voting rights of the board of directors, and the Huayin Consortium and Mr. Lu's Pan Asia Group will be more than half of the decision-making together.

Later, the Huayin Consortium will definitely take full control of the company, and there is no need to unite with Mr. Lu, but as long as Xu Teng is still the chairman of the Huayin Consortium, he will not cross the river and tear down the bridge, and he will definitely be able to ensure the interests of Pan Asia Group in Minsheng Bank.

"The arms can't twist the thighs, so let's settle it. Mr. Lu sighed, which could be regarded as agreeing to Xu Teng's request.

Businessman, who has a personality?

Mr. Lu was obviously deceiving Xu Teng, first stabilize Xu Teng, and then go back to discuss countermeasures with the other two bigwigs, but he should have thought that Xu Teng was also lying to him.

On the surface, the Huayin consortium has been in contact with Mr. Lu and tried to join forces, but in fact, it has reached an agreement with Dongfang to acquire the 12% stake held by the other party at a premium of 40% on the basis of the current stock price.

Once the deal was successful, Xu Teng's controlling stake in Minsheng Bank jumped to 57 percent, although he paid a large purchase price.

At that time, half of the top six shareholders of Minsheng Bank will come from the Huayin consortium.

Xu Teng ostensibly wanted to unite with Mr. Lu to replace the chairman of the Huayin Consortium, but in fact, he had reached an agreement with the existing chairman and other senior management, and after the Huayin Consortium became a shareholder, everything remained unchanged.

The two parties will sign a VAM agreement, and within three years, as long as the performance is met, the Huayin consortium will grant a joint partner and three senior partner seats.

This is to deceive each other and hurt each other.

There's no way, it's all for profit, for power, people live this life, aren't they just for these two things? )