Chapter 653: The Big Scene
readx;
On October 8, Liu Zhicheng and the other two main technical leaders of the wafer factory project submitted their resignations to TSMC, and after receiving TSMC's approval, the three arrived in Singapore by plane with Sun Shangyi and Guo Songyan that night. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
The next day, October 9, Liu Zhicheng announced in the Lion City that he had officially accepted the joint entrustment of Yuexiu Holdings and Kwok's Yunyuan Group to prepare the wafer fab project in Jianye.
Kong Mingzan of the Chinese Embassy in Singapore met with Sun Shangyi, Guo Songyan and Liu Zhicheng at the embassy, and welcomed them, the leading Chinese people, to invest and start businesses in the mainland on behalf of the mainland government.
It was only at this time that the Taiwan authorities and TSMC realized that the original wafer fab investment project had already been transferred from Malaysia to the mainland, and it was not a day or two of work to prepare for this.
That night, Ambassador Kong Mingzan hosted a reception for Sun Shangyi, Guo Songyan and Liu Zhicheng at the embassy, and senior executives from the Singapore National Investment Authority and Singapore Jidian Group, a Singaporean integrated circuit manufacturer, attended the reception.
At the reception that night, senior officials from the Singapore National Investment Authority (NIA) told Sun Shangyi and Guo Songyan that they were also interested in participating in the fab investment project.
Sun Shangyi had a telephone conversation with Zhang Ke in Singapore to report the incident.
Considering that several of the fab projects that the Singapore National Investment Authority (NIA) has been involved in in Singapore have been in a loss-making situation, it is unlikely that the Singapore authorities will inject too much money into their fab projects to affect the degree of control he has over the project through Yuexiu Holdings.
This investment project is only the introduction of an eight-inch production line, and even if it is successful, it will only obtain the 0.35 micron manufacturing process technology of Singapore Collector Group. As early as the late 486 era, Intel used a 0.35-micron manufacturing process, which means that the fab project invested this time is at least four to five generations away from the world's top technical level. The introduction of twelve-inch production lines, the introduction of 0.25 microns or even more advanced manufacturing processes are all obstacles that need to be overcome in the future. Only by introducing these basic process technologies and cultivating a group of engineering and R&D personnel can the wafer manufacturing in the mainland be regarded as a foundation for embarking on a real development path, which is still extremely long.
If this road wants to go smoothly with the strength of the Kumho family, the difficulties are really beyond the imagination of ordinary people, if possible, Zhang Ke even wants to pull Deyi in.
Deyi always focuses on moving towards a more high-end technical field, and gradually withdraws from the low-end market, with Kumho and Deyi's good technical cooperation at this time, it is very possible to introduce Deyi's investment.
In any case, if Kumho wants to catch up with Deyi in the technology of integrated circuit manufacturing, even if he throws off his arms and runs, it is unrealistic to have ten or eight years.
Of course, there is no need to rush to throw an olive branch to Deyi at this time, and when the project has hope of completion, it may be possible to obtain more advanced manufacturing technology from Deyi as a condition.
With this in mind, Zhang Ke discussed with Sun Shangyi on the phone: "The Singapore authorities always want to exert more influence in the Chinese community, and Prime Minister Goh Chok Tong probably wants to set up a new Chinese leader-like figure." Of course, since they suddenly want to participate, then they can let them make more contributions, and it seems that the funds needed by the Guo family can be solved by asking the Singapore authorities to help solve them, and share the financing pressure in the mainland......"
Despite the dual impact of the Asian financial turmoil and the economic crisis, Singapore's economic strength is beyond doubt, and an investment of $300 million or 200 million is also a trivial matter for the Singapore authorities. At this time, additional investment in the fab project is undoubtedly a very strategic decision.
Singapore's small size and sparse population, lack of human resources and high cost of human resources, its own narrow market, and barriers and obstacles with other countries and regions have led to several wafer fabs in Singapore after the completion of losses, even so, the Singapore authorities have not given up their investment in their domestic fabs.
The prospects for the mainland market seem to be even more attractive, with a huge market of 1.3 billion people without tariff barriers, and the disc machine industry developed in the past two or three years alone providing a huge market of nearly US$600 million for the manufacture of integrated circuits.
At this time, the outside world did not know that Kumho had cut a large piece of the cake from the integrated circuit manufacturing market only through the decoding chip of Super VCD.
Of course, this kind of huge profits can only be enjoyed occasionally, if you want to really get a big piece of the cake from the integrated circuit manufacturing market, you must have quite strong technical and human resources in the field of integrated circuit manufacturing and design.
As another investor in the fab project, Guo Songyan also welcomed the Singapore authorities to join. Guo's sale of 30% of Yunyuan Pulp's equity to Shin Kong Paper to obtain $100 million has eased the financial pressure of Yunyuan Group to a considerable extent, and the injection of capital into the wafer factory project does not need to squeeze out Yunyuan Group's capital at this stage.
On October 12, Sun Shangyi, Guo Songyan and Liu Zhicheng initialed a cooperation agreement with the National Investment Authority of Singapore and the Singapore Power Group. The draft cooperation agreement stipulates the proportion of each company's investment, with Yuexiu Holdings investing US$300 million to hold 56% of the shares, and the Singapore Investment Authority (IDA) contributing US$100 million, holding about 19% of the shares. Kwok's Yunyuan Group invested US$80 million, holding about 15% of the shares, and Liu Zhicheng and his management team contributed US$20 million, plus a total of 10% of the technical and management shares.
Since Guo Songyan planned the wafer factory project a few years ago, Liu Zhicheng has planned to transfer his personal assets out of Taiwan, of course, there are some assets, such as his personal shareholding in TSMC, which cannot be transferred. He also has the consciousness of sacrificing this part of his assets. Rather than the amount of personal assets, he will aspire to personal career achievements and personal status in the entire electronics industry.
On October 13, Sun Shangyi, Guo Songyan, Liu Zhicheng and the first batch of engineering and technical personnel and their families of more than 20 people flew directly from Singapore to Jianye International Airport.
Accompanied by Tao Jin, Secretary of the Donghai Provincial Party Committee, Li Yuanhu, Governor, Luo Jun, Secretary of the Jianye Municipal Party Committee, Xiao Mingjian, Mayor of Jianye City, Wang Weijun, Deputy Mayor of the Standing Committee and leader of the Leading Group for the Concept of the Digital Corridor, Huang Kequn, Deputy Mayor and Director of the Xinpu High-tech Zone, and Yao Wensheng of the Investment Promotion Bureau of Xinpu High-tech Zone, they drove to Jianye International Airport to greet Sun Shangyi. Guo Songyan, Liu Zhicheng and others.
There is no doubt that the fab project is of great significance to the new high-tech industry strategy of Donghai Province, the new high-tech industry strategy of Jianye City, and the layout of the entire high-tech industry in China.
Ge Jiande, vice chairman of the State Development Planning Commission, arrived in Jianye not only to pick up Sun Shangyi, Guo Songyan, and Liu Zhicheng, but also to conduct an on-the-spot inspection of Donghai Province and Jianye City's new industrial and new strategic plans on behalf of the State Development Planning Commission.
Presumably, no one wants Zhang Ke to be a lazy young man mixed in the well-dressed middle-aged and elderly people, and the relationship between Kumho is quite complicated, and there is no suitable person to accompany Tao Jin, secretary of the provincial party committee, and others to attend the airport pick-up event.
Kumho Electronic Technology Research Institute is the actual controller of Yuexiu Holdings, and Ding Huai is the chairman and president of Kumho Electronic Technology Research Institute, but its reputation and influence are not as good as Chen Xinsheng, president of Aida Group, but Aida Group has no direct relationship with Yuexiu Holdings; Judging from the position alone, as the president of Kumho, Cai Feijuan is more qualified to attend such activities, but in the Kumho system, Cai Feijuan's status is actually lower than Chen Xinsheng, Ding Huai, Su Jindong, Zhou You and others.
It's really a headache architecture, such a big scene, if Zhang Ke doesn't go out in person, he can't find a suitable candidate.
Zhang Ke simply did not let Kumho send people to participate in the reception at the airport, Sun Shangyi, as the chairman of Yuexiu Holdings, and Jiang Wei, as the president of Yuexiu Holdings, accompanied Guo Songyan, Liu Zhicheng and others to be present, so it was naturally okay.
Presumably, Tao Jin, Li Yuanhu, Luo Jun and others can also understand.
Although Zhou Yi also diverted from Singapore to arrive in Jian Ye on the same plane, he secretly left with ordinary passengers through other security channels.
Arriving at Jianye International Airport by plane at the same time, Tan Yunsong, the chief scientist of the Oak Park Microelectronics Technology Foundation Laboratory, and his wife, with the technical team they led from Singapore, also quietly took the pick-up car sent by Oak Park and left.