Chapter 313: 90 nanometers, you can't do it!
This world is fair, the rule of law, not that you can do whatever you want if you have money, you can do whatever you want, that is self-inflicted and you can't live, unless you have money to the point of Xu Teng. Pen fun and pavilion www.biquge.info
This is really the level of doing whatever you want.
Xu Teng did not tell the other co-partners of the Huayin consortium how he was going to block Singapore's national fortunes, which seemed a bit of a mayfly regret, a sense of self-indulgence, and irresponsible to the consortium itself.
He didn't say it, but just did it because he thought it would make money, and judging from the commercial agreement signed between the Huayin Consortium and the Malaysian government, most of the terms were indeed very favorable to the Huayin Consortium.
These are a few very good commercial contracts, a few very good expansion plans, and the most important thing is that it is financed by national policy loans with very low interest rates.
Therefore, we should not easily criticize the government for throwing money everywhere and borrowing debts everywhere, and these debts are all linked to enterprises, either by the Huayin consortium or by state-owned enterprises.
More than US$10 billion of loans were disbursed, and the Malaysian government did not have time to cover the heat, which went to the hands of the Huayin consortium again.
In fact, the Huayin consortium did not have time to cover the heat, workers' wages, equipment procurement, cement, design, ...... It was successively dispersed into the hands of other domestic enterprise units and employees, and after a circle, it became the foreign exchange of the central bank.
This is true for China, Japan, and the United States, but the United States can print dollars unscrupulously, but the United States does not have so many goods for sale in China and Japan, and there are only F16s on the shelves, as well as all kinds of bombs, missiles, and tanks.
Japan has industrial products, but no military products for sale, and even if it is ready to sell abroad, with such a low cost performance and imbecile in international political status, basically few countries will buy Japan's submarine fighters.
China has everything, you can buy whatever you want, third-generation aircraft, drones, self-propelled artillery, missiles, ...... You can buy anything except nuclear weapons.
To tell the truth, China's military products are still quite real, cost-effective, the key is strong firepower, and later Saudi Arabia fought the Yemeni guerrillas, like that bear, all kinds of American-made weapons are not easy to use, so they simply use China's self-propelled artillery PLZ45 to open the way.
To put it mildly, the regular Saudi army basically relied on this thing to strengthen its courage in the end, and those countries in the Middle East also basically relied on Chinese-made drones to suppress bandits, and the key is that terrorists also use domestic civilian drones to drop bombs and reconnoitre.
The order is flying like snowflakes.
In addition to the industrial robot industry of Huateng Intelligent Machinery Co., Ltd., the investment in scientific research is amazing, comparable to the four giants of international robots, and the investment in the field of drones is even more exaggerated, completely unreasonable, and decoupled from market profits.
Huateng's Blue Eagle series, mainly for the police market, is basically similar to military drones, a little change can play the integration of detection and fighting, there are multiple channels of frequency conversion configuration, anti-jamming ability is also military grade.
Now wait for the war in Syria to begin.
Xu Teng told the truth, the investment and scientific research work of the Huayin Consortium in the field of UAVs is basically not worse than the military grade, and even more investment, because the technical level is completely ahead of its peers, including a certain institute, the army has actually begun to purchase the Blue Eagle series.
It's just that the military product number is not "Blue Eagle-XX".
Huateng Intelligent Machinery Company's Blue Eagle-XX, the most advanced test product has begun to try to use artificial intelligence, and when it encounters a strong interference state, it will block wireless communication, return on its own, or forcibly attack the interference source.
When flying over a city, it is possible to collect various data such as traffic, air, climate, etc.
The high-tech industry may not be profitable, but it is interesting and can change the lives of human beings, which is the greatest value of the high-tech industry.
If you want to talk about high technology, you can't fail to mention the chip industry.
There are two development strategies for the chip industry, one is Intel and Samsung, which design and produce by themselves, and only semiconductor production equipment is introduced by other companies, and they can also be responsible for foundry.
The other is the model of TSMC and MediaTek, where design, production, packaging and testing are carried out separately, and each is engaged in a part of the professional field.
At present, the Huayin consortium has an investment layout in the three fields of design, production, and packaging and testing, and if it wants to integrate it, it is impossible to do it, because the teams in the two fields of OEM and packaging and testing are basically Taiwanese, and they are independent.
In fact, in the chip design business, there are also many Taiwanese compatriots in the Huayin Consortium.
This is the status quo.
Who will be directly responsible after the merger?
This problem will not be resolved for a long time, and the merger will be far away.
Since Xu Teng took over the Huayin Consortium, he has continued to invest heavily in several areas of the IT industry.
Xu Teng is actually doing two things now, one is to promote China's Industry 3.0 strategy with his own efforts, and the other is to go out and invest overseas to expand the interests of the country and enterprises.
Looking around China, the best person to do these two things right now is him.
Just like Spider-Man's line, with great power comes great responsibility.
He had to take that responsibility.
This is his career, the value of his life, but unfortunately, just integrating the various IT companies within the consortium has made him rack his brains and have no good solution.
Now, here's your chance.
The timing of Xu Teng's return from the Malaysian inspection is very coincidental, and the lawsuits between SMIC and TSMC have been fought round after round, and now it is finally the last moment for the poor dagger to appear.
The most important factor is that 70% of Zhang Ruijing and SMIC's technology comes from TSMC and Taiwan Union, 20% is acquired from Infineon and Toshiba, and less than 10% is self-research.
The current focus of both parties is on the 90nm process.
TSMC does not provide this level of technology in the mainland, but its technology flows into SMIC through the loss of employees, especially the loss of scientific research teams, and Zhang Ruijing claims that it is SMIC's independent research and development of 90nm technology, which is objectively 90% copied from TSMC.
Because the factors involved are too complex, the Huayin Consortium has only made financial investments in SMIC over the years, and has not been involved in the operation of the board of directors, but has only appointed a non-executive director to supervise the financial work.
During Xu Teng's visit to Malaysia, TSMC contacted Xu Teng through a Taiwanese businessman who invested in Malaysia and proposed a settlement plan, first, asking SMIC to admit to stealing TSMC's technology, second, to stop using the existing 90nm-scale process, and third, to compensate TSMC a lump sum of US$450 million.
Fourth, Zhang Ruijing and his team must leave SMIC, and for this, TSMC has made a list of up to 70 people, all of whom are former TSMC technicians and executives.
Xu Teng did not reply, because if he wanted to agree, SMIC could basically declare bankruptcy, with no people, no technology, and no cash flow.
In the afternoon when he returned to Shanghai, Xu Teng didn't even have time to rest, so he directly transferred to the helicopter and went to SMIC's headquarters in the Shanghai High-tech Industrial Park, where he met with the semiconductor industry boss in Zhang Ruijing's office.
One mountain does not tolerate two tigers.
Zhang Ruijing led the team to leave TSMC that year, because of the discord with the chairman of TSMC, in Zhang Ruijing's words, the other party is dark green, and he is dark blue.
Whether Zhang Ruijing is dark blue or not, Xu Teng doesn't know, but this person's business methods are indeed very Taiwanese, and he never needs to rob if he can steal, he never needs to buy if he can rob, and he never needs to do his own scientific research if he can buy.
Mr. Xu has never liked the other party very much, and Xu Teng doesn't like it either, but he must continue to appoint the other party and hand over the actual holding rate of SMIC, which has an actual holding rate of more than 70%, to Chairman Zhang.
There are four giants in the IT industry of the Huayin Consortium, and they all look down on each other, Zhang Ruijing is one of them, and he is the oldest and most prestigious, and he is really qualified to look down on the chairmen of BOE and Langke.
There is nothing special about Chairman Zhang's office, it is similar to most chairmen, the office is slightly larger and more luxurious, and there is nothing new to say.
TSMC directly offered the settlement conditions to the Huayin consortium, and Chairman Zhang obviously received it, and he was anxious these days, and when he saw Xu Teng, he thought it was a savior, and finally showed enthusiasm that he didn't have in the past.
SMIC has actually reached a very critical moment, success will be success, failure will be failure, once it is really defeated by TSMC in the United States, the largest chip foundry company in China, may not collapse, but it will also completely lose its future.
The Huayin consortium's investment in SMIC, which is close to $10 billion, clearly cannot tolerate such a situation.
Even so, Xu Teng was still calm.
It's his style.
No matter how dangerous the situation is, he always has a kind of temperament that is detached from the world and walks leisurely in troubled times.
Many people regard this temperament as the spirit of nobility, because most of Xu Teng's wealth comes from the family, not his personal hard work and personal savings.
This is the essence of the aristocratic spirit.
Xu Teng didn't even go to the tea room in the office, he sat at Chairman Zhang Ruijing's desk, poured a cup of tea, didn't say anything, looked at Zhang Ruijing quietly, and waited for him to explain.
From 2001 to the present, the Xu family and the Huayin consortium have taken out a total investment of 70 billion RMB, and the result is like this...... It was sued by TSMC in the United States, demanding that SMIC compensate TSMC $5 billion, and at the same time block SMIC's technology platforms at the 0.18 micron, 0.14 micron, 0.11 micron and 90nm levels, and prohibit the application of up to 300 related patented technologies.
"Chairman, they are absolutely false accusations that we have in 90nm technology...... It may be that some of them are borrowed from TSMC, but in terms of 0.14 micron and 0.11 micron technologies, we are completely nationally recognized patented technologies, but we have not applied for relevant patents overseas. Zhang Ruijing was still holding on, swearing hard, "I don't plan to compromise on this matter, if I want to fight a lawsuit, then I will keep fighting." Besides, we have been fighting the lawsuit with TSMC for a long time, from 2002 to this year, three rounds before and after, and we have never been idle. ”
Xu Teng still has nothing to say, and it's not that he doesn't have an inside report, because he has never trusted this Zhang Ruijing, nor the group of Taiwanese executives around the other party.
Xu Teng looked at the other people in the office, including Han Dai, the chief assistant who accompanied him, and motioned for everyone to leave.
The crowd hurried away.
Xu Teng didn't have any expression, he couldn't tell whether he was happy or unhappy, so he took a sip of tea so plainly, shook the cup gently, and asked Zhang Ruijing, "You tell the truth, how much scientific research funds did TSMC use to develop 90nm technology?"
"More than two billion dollars, if we start completely from scratch, we may have to double. Zhang Ruijing told the truth, lit a cigarette, and had a headache, he didn't trust Xu Teng either, suspecting that Xu Teng would manipulate the board of directors to kick him out and put him on his back all the black pots.
"When you first came to the mainland and met my father, how much money did you bring with you?" Xu Teng put down the teacup and looked into the other party's eyes, not angry and arrogant, and did not allow the other party to lie.
"Millions...... NT$!" Zhang Ruijing chuckled in his heart, knowing that he had guessed correctly, Xu Teng wanted him to carry the black pot and leave.
"How much is your net worth now?" Xu Teng continued to ask.
"A billion...... Dollars?" Zhang Ruijing suddenly, like a balloon that had been punctured through the hole, he understood everything, he originally thought that the Xu family would continue to support him as before.
Now, he finally realized that Xu Teng was by no means Mr. Xu, and Xu Teng attached more importance to the reputation of the enterprise than real money.
"When you negotiate a deal with the other party, you can pay royalties, but you have to keep SMIC's right to continue to use the technology, even if it continues to pay some costs. Xu Teng made a simple decision, money, he didn't care.
He cares about the reputation of the business.
"You can talk. "Zhang Ruijing originally prepared a lot of defense words, as well as a lot of words to attack TSMC, but now he can't say all of them.
Understand that people don't talk to each other.
The Xu family has invested a lot of money, and Zhang Ruijing has maximized the profits of these investments, investing little money in scientific research, and more money in equipment and plants, expanding production capacity, competing at low prices, and occupying 7% of the market share of the mainland chip foundry business.
TSMC has suffered heavy losses, and what is even more tragic is that SMIC has been actively expanding and competing for overseas orders in recent years.
In business, if Xu Teng is the boss of TSMC, he will also fight a lawsuit with SMIC in the global market, and fight hard until the other party is defeated.
The Xu family's investment of 70 billion RMB in SMIC is exchanged for a market value of $30 billion, as well as a net profit of one billion US dollars a year.
Xu Teng admits this fact.
At the beginning of the game, in order to gain a foothold as soon as possible and be responsible for its own profits and losses, it is impossible to use some unethical business methods.
Xu Teng also admits this truth.
For the Xu family and the Huayin Foundation, Zhang Ruijing was regarded as a pawn who could give up at any time from the beginning, a very qualified backstabber.
"Let's talk about it. Xu Teng has nothing else to say, this is his order, use Zhang Ruijing's resignation and cash to solve the problem, ensure that SMIC can continue to develop, even if it is a concession in 90nm-level technology, it is feasible to pay a high technical fee.
"By the way, in the 45nm technology, we must focus on ourselves, I have made some layouts in Hua Microelectronics Co., Ltd., and cooperated with other domestic scientific research units...... Basically, several domestic scientific research units that can help have participated, and it is too late for SMIC to join now. Xu Teng said another thing, something that had never been known to Zhang Ruijing.
In 2006, after Xu Teng seized the controlling stake of Hua Microelectronics from the Beihai system, he immediately privatized, re-injected capital, and joined hands with the Chinese Academy of Sciences and several other semiconductor equipment manufacturing and process research institutes to jointly carry out 45nm technical research.
Because two of the several units involved are scientific research institutes of the military-industrial system, this information is highly confidential.
Xu Teng paid the bill, 3 billion RMB was like flowing water, and he didn't have the authority to ask where it was spent.
It is said that not to mention 45 nanometers and 90 nanometers, the technical level of 0.14 microns is still in the process of being overcome, and even if the technical breakthrough is completed, the space for the civilian market is very small, and it can only solve military needs.
After all, it is the first step from scratch, if the 0.14 micron breakthrough is successful, the next step will be directly aimed at 45 nanometers leapfrog development, and then the next step is 23 nanometers.
"Okay. Zhang Ruijing actually didn't understand what Xu Teng meant, but he still agreed first, and he didn't expect Xu Teng to start a new business, which shows that the Xu family's dissatisfaction with him is not what it is today, and it was very dissatisfied very early.
He knew that the Xu family was not satisfied with him, but he had a performance guarantee position, and he didn't care, while holding the Xu family's funds, he ridiculed the Xu family for being "kind", and now he doesn't ridicule him.
Because he finally understood that the Xu family's indifference to him and SMIC was based on the premise of letting him out of the game at any time.
"I mean, you can take some people and start a new company, and the Xu family will arrange other channels to invest money. Xu Teng said all the things he wanted to say, so he got up, glanced at Zhang Ruijing one last time, and pointed out, "Take care, Chairman Zhang." ”
"Thank you, really thank you. Zhang Ruijing folded his palms and thanked him, not daring to shake hands with Xu Teng, people, it is always at this moment that they can realize their humility.
Xu Teng had nothing else to say, so he really left, taking a helicopter back to the Orient Overseas Building, back to Huateng's headquarters in Shanghai.
He has never been in charge of SMIC's affairs, and if it weren't for TSMC trying to negotiate directly with him, he wouldn't have come over in person and give his bottom line for negotiations.
He knew it wasn't going to end there.
TSMC came to him directly, in fact, it was determined that he was the mastermind behind the theft of TSMC's technology, and if there was enough evidence, TSMC would definitely sue the United States together with Huateng Company.
Therefore, TSMC's many price codes have only one goal, forcing the Huayin consortium to give up its investment in the chip industry.
The mainland is the largest market in the international chip industry, and there is no one, TSMC wants to survive and develop, and its biggest enemy is the Huayin consortium behind SMIC.
Xu Teng's judgment has always been very accurate.
Sure enough, a few days later, TSMC's CFO Mr. Tsai quietly arrived in Huzhou to negotiate with SMIC, and the talks soon collapsed, even if Zhang Ruijing agreed to leave SMIC, it could not prevent TSMC from continuing to fight lawsuits in the United States.
Compared with the negotiation conditions passed to Xu Teng on the last detour, after not getting Xu Teng's "goodwill" and response, TSMC raised the price again and demanded $3 billion in compensation from SMIC.
This is impossible, and even if the court decides, it will not exceed a fine of $1 billion.
TSMC proposed this almost absurd asking price, and the real goal is only one, to negotiate directly with Xu Teng, for this reason, Chairman Zhang specially sent Cai Lixin, the CFO who can succeed in the future.
Cai Lixin also thought that his level was enough, in Taiwan's IT industry, he was second only to Zhang Zhongmou, a big coffee among big coffees.
He wants to see Xu Teng, and when he sees Xu Teng, he will come up with a real negotiation price.
He did.
Although it is a weekend, because Liverpool FC has just arrived in Shanghai, there will be a game tomorrow, and there are still Jianghuai Rural Commercial Bank and Minsheng Bank to deal with during this time, and the company is busy.
The only person who can sit quietly and look at the scenery is Xu Teng.
If the other party wants to see it, then see it, although Xu Teng's own judgment is that it is better not to see it, after seeing it, the situation will definitely be worse.
In his office, the sea of bamboo is quiet and dense.
He was in the sea of bamboo, sitting on a rattan chair, with a glass of ice wine in his hand, looking down at the scenery of Shanghai through the glass window, but what he thought of was the campus of Yangtze University.
Frankly speaking, he didn't spend much time in school, and after graduation, what he missed the most was school.
Yu Suyun pushed the door of the office open and invited Cai Lixin to enter Xu Teng's office.
The room was cold.
Xu Teng is used to wearing suits, even in this kind of midsummer season, so it is always cold in his office that makes people shiver.
Cai Lixin, who was only wearing a shirt, was a little uncomfortable, after all, he was a sixty-year-old man, and his body was not good.
These are the little things.
Cai Lixin walked in quickly, took the secretary, and habitually thought that Xu Teng would get up and shake hands with him, but no.
Xu Teng just quietly looked at the scenery, held his forehead with his fingertips, played with the ice cubes and cognac in the cup, enjoyed the tranquility, was in a daze, and squandered his time.
"Chairman Xu, this is our President Cai. The male secretary cautiously reminded Xu Teng, no matter what, this is TSMC's CFO, in Taiwan, it is a great big man, and the "president" has to greet him with a smile.
"Get out. Xu Teng didn't look angry, and said very casually.
The male secretary was slightly stunned.
To be precise, this one is not a secretary, but an assistant to the director, and according to the company's administrative level, it can be regarded as a middle-level enterprise management cadre, which has a great future.
Cai Lixin gave a new look and motioned for the assistant to leave quickly.
Soon.
There are only two people left in the office, Xu Teng and Cai Lixin.
Actually, Xu Teng didn't treat Cai Lixin as a person, does he need to treat others as a person? Of course not.
"I've heard all those things about SMIC, but I haven't asked about it, because I don't like Zhang Ruijing, who is disobedient and self-righteous. Xu Teng said something to himself, tasting the ice wine, feeling the cold and cold stimulation, and slightly raising his eyebrows was a kind of compliment, "Continue to talk to SMIC, I can't ask in person." ”
"What about our company, especially our CEO, I don't mean anything else, I just hope you think about it, Huateng company's investment in the field of chip design is not small, in fact, you can cooperate with us to make money, there is no need to do production business. Objectively speaking, as long as it is fair competition, we are not afraid. Cai Lixin's face was ugly, he originally thought that he would sit down with Xu Teng and negotiate as a VIP.
As a result, Xu Teng didn't even have the least respect, and he didn't even invite him to sit down and talk, which was extremely arrogant.
"You may think I'm arrogant, but that's because I know what you want to say, whether you're afraid or not, that's your business. Xu Teng drank the wine in the cup, finally got up, glanced back at Cai Lixin, and shrugged casually, "Go back and tell you the chairman, I respect TSMC very much, but some things are related to the overall situation, and it is worth spending some money and not making money." Therefore, this is by no means as simple as an act between enterprises, you can bite the evidence in your hand and bring down SMIC, but the final outcome is by no means as simple as you can imagine. ”
"Or ......!" Xu Teng thought about it and decided to tell Cai Lixin seriously, "Our Xu family's investment in SMIC has never been as simple as doing business, my advice to you, you can go back and tell your chairman, just do it in moderation." Don't look at people through the cracks in the door, don't look down on the mainland, it's a timeless truth to accept when you see good. ”
TSMC's Chairman Zhang, not to mention that it is as simple as dark green, in the words of the other party, never set foot on the mainland, there is no need.
For Xu Teng, if he wants to make Taiwan's economy miserable, the semiconductor industry represented by TSMC is actually the biggest lifeline, which can basically collapse Taiwan's trade surplus and turn the surplus into a deficit.
Once it becomes a deficit, foreign exchange reserves will decrease year by year, and eventually it will collapse sooner or later.
China's total annual imports in the chip industry are more than 200 billion US dollars, of which 1/3 is to Taiwan. )