In the next few trading days, the semiconductor sector continued to strengthen under the stimulus of this blockbuster positive, which also helped the broader market index to continue to rebound.

The landing of the big fund has attracted much attention to the new city, because the city has gathered many semiconductor companies, covering the upstream, middle and downstream, and there are not completely statistics of hundreds of large and small semiconductor technology innovation enterprises in the high-tech industrial park of the new city.

It has become the center of high-tech industrial clusters represented by the integrated circuit industry in China, and not only semiconductor companies, but also the headquarters of star technology companies such as Xingyu Technology, Quantum Beat, and Kyushu Blue Arrow are also here.

After the big fund landed, many people speculated whether this was related to Qunxing Capital, because many companies in the first batch of investment projects had a common identity, that is, Qunxing Capital held the equity of those companies, and even holding subsidiaries.

However, Qunxing Capital came out to "refute the rumors" and said that the big fund has nothing to do with Qunxing Capital, but just enjoys the support of the state, and it will not jump out at this time to admit it anyway.

Only a small number of high-level people know that the management team of the big fund is actually led by the people sent behind the scenes by Qunxing Capital.

……

Entering the end of February, the semiconductor piece brought good news to Fang Hong.

The semiconductor R&D company under Qunxing has successfully broken through the 32nm process and is expected to be put into mass production in the third quarter of this year, with products including low-power, mixed-signal and RF products.

The most important thing is that the semiconductor companies invested by Qunxing, covering the upstream, midstream and downstream, can complete 79% of the process links, and 89% of the major links within the 32nm process have been replaced by domestic ones, which is a huge progress.

After sorting out the overall link, only the equipment in the lithography link still needs to be imported from overseas, but the 32nm lithography equipment has been imported, so there will be no problem with mass production.

In addition, the research and development of 28nm technology is also progressing smoothly as expected, and the progress is also very good.

However, the breakthrough of the 32nm process is still very far behind the international community, and the current international semiconductor process has advanced to the 14nm level this year, and the domestic substitution has to catch up, and there are 28nm, 22nm, and 20nm in front, which is still four generations behind.

But the gap has been narrowing, and before Qunxing Capital entered the market, with the gap getting wider and wider with Moore's Law, this is the biggest change.

At present, the domestic semiconductor breakthrough plan has not deviated from Fang Hong's expectations, that is, it will catch up twice as fast as Moore's Law every year, and according to this breakthrough speed, combined with the iterative speed of Moore's Law, it will take another three years to catch up with the world's most advanced process level.

That is, around 2017, according to the iteration speed of Moore's Law, the world's most advanced process level in 2017 was already around 10 nanometers.

At present, China has broken through the 32nm process, and to the 10nm level, it has to experience five generations of 28nm, 22nm, 20nm, 14nm, and 12nm.

According to the expected goal given by Fang Hong, that is, the international most advanced process level will be improved by one generation, and domestic semiconductors will chase the speed of two generations in the future, breaking through 22 nanometers in 2015, 14 nanometers in 2016, and 10 nanometers in 2017, just to catch up with the most advanced process level of international semiconductors, and 2018 will be a real historical turning point moment for the global semiconductor industry.

……

Just after the announcement of the landing of the big fund, America also paid attention to this matter and reacted quickly.

On Wednesday, March 4, North America announced further restrictions on the eastern powers in the field of semiconductors, this time from a series of key links such as lithography machines and photomasks, prohibiting international semiconductor companies from doing business with them.

As soon as the news came out, the A-share market fell on March 5 the next day, and at the same time, the semiconductor sector stocks that had risen sharply collectively fell, the sector index plummeted by -8.73%, and many semiconductor stocks closed down.

In terms of public opinion, the other party is also stepping up the offensive and starting to work after receiving dog food.

began to intimidate some remarks, what is good now, there is no breakthrough in domestic semiconductors, and people in the world don't play with you anymore, how can you play without semiconductors and chips in modern society? Prepare for a big economic rollback!

Just after Lao Mei's side made a move, the high-level side also reacted, and the news soon spread to Fang Hong, who was discussing countermeasures and asked Fang Hong to participate in a remote video conference.

Qunxing Capital is currently taking over the task of breaking through domestic semiconductors, and the big funds are actually handed over to Qunxing, and Fang Hong will naturally attend the meeting.

……

Thursday afternoon, March 6.

Fang Hong entered the study on the second floor of the villa, turned on the computer and connected to a highly confidential remote video conference, which was a high-level internal meeting, there were not many people, but the specifications could be said to be top-notch, which showed the importance of the above, and Fang Hong was also rare to wear formal clothes to attend the meeting.

"The strength of the magnesium people has increased, which means that we are doing the right thing, but the situation is not optimistic, and it is impossible to say that we can not react, and we must first clear out what cards we have in our hands to play. Comrade Fang Hong, you are responsible for our chips, you should know best in all aspects, what cards we can play in our hands You should have the most right to speak, you can tell everyone. ”

Fang Hong also made preparations for this meeting, and when he heard the leaders at the meeting, he organized a language in his heart and said: "We have a lot of cards to play, and they are all trump cards." ”

As soon as these words came out, the leader was also curious when he saw his very confident words, and said, "Oh? What trump card? ”

Hearing this, Fang Hong replied: "There can be many links in the neck of the chip, and all the links in the neck are indispensable, but on the other hand, we only need to master a link that is stuck in the neck, and the whole link can be stopped, and we can get stuck in the neck of the world from the link of raw materials." ”

The senior leaders in the video conference looked around at everyone, and then said with interest: "So we still have such a good card?" ”

Another participant immediately asked, "What raw materials can be stuck in the neck of the world?" ”

Fang Hong continued: "Rare metals such as gallium, germanium and antimony, although the output of these rare metal raw materials is very low, they are indispensable in high-tech products such as high-end chips, high-end military industry, and photovoltaics. ”

"These materials have a wide range of functions, just like the spices of high-tech products, they are used very little, and they can't do without them. The point is that we have reached a monopoly level in terms of reserves and production of these raw materials, and the whole world depends on us for supply, so to speak, we have to limit it, and a large number of Western high-tech companies will suffer. ”

As soon as these words came out, the leaders present became more interested, and they really didn't know if they didn't know anything about it.

Fang Hong continued methodically: "For example, the concentration of gallium in the earth's crust is very low, about only about 0.0015%, and the distribution is not concentrated everywhere, mainly because it has no primary ore, it is a by-product of electrolytic aluminum, and it is a subsidiary product of refining bauxite and sphalerite. ”

"At present, more than 90% of the world's primary gallium is a refined by-product, and the annual production is also quite small, and we account for 85% of the world, and if we calculate according to the output, we can account for 96% of the world."

……

(End of chapter)