Chapter 234: Strong Core International
Chu Qing only went to the exchange meeting for one day, and then asked the executives of the company's game department to attend on his behalf. And he left Shenzhen overnight.
Singapore, before the new millennium, was the bridgehead of semiconductors in Asia. In the past, the output value of semiconductors accounted for half of Singapore's total output.
The reason why he can become one of the four tigers is because of the huge semiconductor industry. At Changi Airport, Chu Qing took Yang Qiushan and two bodyguards, walked out of the exit in a low-key manner, and got into a black Toyota to go to the city.
"Mr. Zhang and Mr. Liang have arrived early, and now they are waiting for you at the hotel with Mr. Ke." The person who came to pick up Chu Qing was Tan Hao, the person in charge of the Southeast Asian market.
BBK now has 15 flagship stores in Southeast Asia, with a warehouse center and branch management offices in Singapore.
Today, Singapore is at a premium, and although it is more expensive to build a branch here than in other places, it is relatively unstable compared to Indonesia and the Philippines.
In the long run, this extra expense is not so important.
"Lao Tan is still used to life here, right?" Tan Hao and Chu Qing are fellow countrymen, and they are over thirty this year, and they have followed Chu Qing since they were pirated tapes.
At the beginning, 6 people were assigned to the whole country, and he was in charge of the Shudu market. Later, when the flagship store was built, it was also the first time he set up the flagship store at the county level.
Now there are 6 of them, Lu Ming has become the vice president, Xiao Wu left BBK, Wang Kangping supported the logistics, Xiao Yang went to the deep sea, and Tenghui also built flagship stores everywhere in the mainland market.
He went overseas to Singapore and was in charge of the Southeast Asian market.
"I'm still used to it, it's actually similar to the mainland, there are also Chinese schools, and the climate is also good." Tan Hao is really satisfied with today's life, five years ago, he was just a small manager of an electronics factory.
When he listened to Chu Qing's lecture in the small building in Beizha, he would never have thought that in just five years, his life would be turned upside down.
Not only is he worth tens of millions, but even if he doesn't do anything every year, he can eat for a few lifetimes by relying on BBK's share dividends.
Now the family has moved to Singapore, where their two sons go to school.
"It's been hard work for you to run around all these years."
"Don't say this, without you, I wouldn't be now, if there is any arrangement, you can say it directly, I can do it." Chu Qing rarely treats his old brother so politely, so Tan Hao, who knows him very well, instantly understands that Chu Qing has something for him again.
Thinking of Zhang Rujing and Liang Mengsong, who came in advance, Tan Hao guessed a rough idea in his heart.
"You must also know that today's BBK has basically opened up the downstream industrial chain of manufacturing and sales. If you want to develop further, you have to go upstream. So not long ago, we acquired a chip company in the UK, and although they have design capabilities, the contract for the manufacturing fab they signed before will expire next year. In order to completely open up the upstream industrial chain, it is necessary to find stable production channels. Saying this, Chu Qing looked at Tan Hao and smiled.
"After so many years, you also know that I am not very comfortable with outsiders, and besides, those wafer factories in our country do not have that ability, so I want to build a wafer factory by myself." Tan Hao is not like Wang Kangping, he is not as delicate as him, and he does not seem to have much presence within the company, but he is better at doing things steadily.
Under such difficult conditions in the southwest area, he was able to open the flagship store at the county level in 93 years, and this ability and perseverance are not something that ordinary people can have.
Today's Southeast Asian market, except for Singapore, which is slightly more stable, is not peaceful in several other regions.
But he was still able to build 15 flagship stores in two years and pull up a stable supply plan.
If Zhang Rujing is a master of building a factory at Texas Instruments, then Tan Hao is a master of building a store in backgammon.
This ability to work hard is just right for Zhang Rujing.
"But I don't know anything about fabs." After listening to Chu Qing's answer, Tan Hao didn't ask where to go, but took the lead in worrying about technical problems.
"It doesn't matter if you don't understand, Lao Zhang and Lao Liang are here, you don't have to worry about technical problems, you went to help coordinate procurement in the past."
"Okay, I'll go!" Tan Hao didn't hesitate, and immediately agreed directly.
"Don't act like you're going to righteousness, it's a year at most, and when the factory over there is built, you can come back and rest." Seeing that he answered so simply, Chu Qing was a little embarrassed.
People have only been in Singapore for a year, and they have to run around to build factories.
"It's okay, backgammon is my family, and I still have shares in the company, I also want the company to be stronger, give me two little cubs in the future, and leave more money." Tan Hao's answer made Chu Qing very moved, and with less than one percent of the shares, he tied them to backgammon.
After 20 years, even if you take 10% of the shares, you may not be able to do such a desperate job.
"This time the matter is very important, and it will be very hard, after the wafer factory is completed, I will allocate a little share from the wafer factory to you, so that your family will be thicker."
"Then I thank the chairman!" Regarding Chu Qing's transfer of a point of shares from the wafer factory, Tan Hao didn't take it too seriously at first.
After all, with one point of shares, can there be more shares of backgammon now? He now owns 0.72 percent of BBK, albeit less than a point.
But last year, there were more than 10 million dividends alone. Can a fab have more than this? However, when he took Chu Qing to the hotel and heard Chu Qing and Zhang Rujing talk about the initial investment amount, he almost didn't sit down and was about to fall to the ground.
"I plan to invest a total of 800 million US dollars in the wafer factory, which is not enough to pursue at any time." Chu Qing's words were so cloudy and light, but in Tan Hao's ears, they were like thunder on the ground.
For a factory, the initial investment will start at 800 million, or US dollars! At today's exchange rate, that is, at least ...... 6.5 billion!
After finishing the mental calculation, Tan Hao swallowed his saliva unconsciously. One point of shares, that's 65 million!
When he looked at Chu Qing, thinking of his sentence to make your family thicker, he unconsciously felt that his eyes were a little pantothenic.
"If you can buy second-hand equipment, this amount should be enough. It is that the current land price in Xiangjiang is a bit expensive, and if you choose the address in the mainland, it should be slightly cheaper. Listening to Chu Qing's budget expenditure, Zhang Rujing nodded and said.
"I also want to build it in China, but you know the current situation. I'm worried that the mainland has not yet been built, and the follow-up procurement can be stopped for us. "No one knows better than Chu Qing that next year is the final window period for building a wafer factory.
Nowadays, our relationship with the surrounding area and the west is not bad, if we build an 8-inch 0.5 micron production line, in the case of buying second-hand equipment, the resistance to building in Xiangjiang will not be too great.
Although Xiangjiang will return the year after tomorrow, it has not yet returned. A lot of problems are easy to deal with. But if you wait for next year's book and bend things to happen, it's hard to buy equipment easily.
In the last life, the 909 project, which was determined in 95, was not completed until 99 because of delays in equipment procurement.
But after the production line was completed, the production line, which was still very advanced at that time, was two generations behind the international technology.
If you want to catch up, you have to continue to invest money. Ten billion dollars were invested in it, and it was already outdated before it was produced.
Chu Qing didn't want to go through such a thing again, so he would rather spend more money now and build the factory first.
As for the construction of factories in the mainland, when we have the first factory, we can build it slowly in the future. With Zhang Rujing and Liang Mengsong here, he is not worried about technology at all.
The reason why TSMC was able to ride the dust in the manufacturing process in the last generation was because of Liang Mengsong, who helped TSMC surpass IBM in one fell swoop in the copper process and overtake in corners.
After going to Samsung, he helped Samsung break through the 28nm process and quickly advanced to the 14nm process, surpassing TSMC's 16nm process at that time.
Later, SMIC was able to make rapid breakthroughs in technology, and now it can fight in the face of 5nm, which is because of him, a process veteran.
This is also why, Chu Qing dared to spend hundreds of millions of dollars without hesitation to build a wafer factory. A factory construction maniac, a process veteran, and the entire domestic market behind it, as long as the wafer factory is built, there is no need to worry about making money.
"You're so relieved of me?" Seeing that Chu Qing said so surely, Zhang Rujing also felt a little emotional, and subconsciously asked.
After all, building a wafer fab is a high-investment, high-growth, high-return, and high-risk industry. If one is not good, it will make the investment go down the drain.
With his understanding of backgammon, their funds for the first two years were not abundant. I heard that the benefits of Xbox are good this year, but it is not so easy to come up with so much money at once.
If you are an ordinary person, you will not be willing to invest in this industry. Moreover, his friendship with Chu Qing is not as deep as that of Liang Mengsong.
At most, I know each other, but when I cooperate for the first time, I dare to spend $600 million to build a wafer factory. This kind of courage is really not something that ordinary people can have.
"If I don't even believe in you building a factory madman, who else do you think I can trust?"
"Hahaha!" Chu Qing's rhetorical question caused all five people present to laugh. In his 20 years at Texas Instruments, Zhang Rujing has built a total of 12 wafer fabs around the world.
With his knowledge of the fab, he said second, no one dared to say first.
"It's my side, I may not be here so soon for the time being, I hope you can understand this." Chu Qing was so sincere, and Zhang Rujing was also ashamed.
In order to repay TI, he once vowed to stay at Texas Instruments for 20 years. Now that he is only a year away, he does not want to leave with regrets, because he can be where he is today because of the sponsorship of Texas Instruments in the first place.
Staying in Texas for 20 years is also his reward for TI. Lao Zhang is a person who thinks about the source of drinking water.
Returning to China to build a wafer factory was his old father's expectation for him. So when Chu Qing came to him through Liang Mengsong and said that he wanted to build a wafer factory, he didn't think about it, so he agreed.
Even if it is only built in Xiangjiang now, it will return in two years. And Chu Qing has already promised him that he will continue to build a wafer factory in Shenzhen, the magic capital, in the future.
So it's not the end, it's a new beginning.
"We have your back in this, and if you are so trustworthy to TI, I naturally believe that you can help us build the fab. In the early stage, Lao Liang presided over the overall situation, and the progress started first. It's about this equipment, we have to hurry up first. For Zhang Rujing's request, Chu Qing did not force it, everyone has their own pursuit.
Wait for one more year, the problem is not big, as long as the equipment is in place first, the progress starts first, and it is put into production half a year later, he can wait.
Moreover, the OEM contract between ARM and the other side expired at the end of 1996. In this way, it will only take two or three months.
"The equipment is fine, we can start with the acquisition. There's a factory in Spain that's looking for a buyer. As long as the approval of the review committee of the United States is passed, it should be negotiated soon. Just the current domestic personnel aspect? "Zhang Rujing is more worried about personnel than equipment.
A wafer fab is a high-tech factory that is equipped with human technology, and equipment alone cannot make it work.
Even if there is Lao Liang, a process expert, he can't make the factory fully operational.
"You don't have to worry about this, the personnel backgammon has already started in Zhangluo in advance." Liang Mengsong, who had never spoken, gave Zhang Rujing a reassurance.
Since deciding to be a wafer factory, Chu Qing has been recruiting talents. Nowadays, the most domestic chip engineers are Huajing.
Later, in the 909 project, many engineers were transferred from Huajing. In the past few years of cooperation between BBK and Huajing, Chu Qing has long been fighting their ideas.
However, there was no exact project at that time, so the excavation operation was not carried out. Now that Lao Zhang has been determined, then the hoe can also be lifted.
"I can confirm that there are about 300 engineers to recruit. In addition, it can provide 200 professional students. Of course, Chu Qing can't dig Huajing all, there are indeed few domestic wafer factories at present, but under the 908 project, some talents have been cultivated in China.
As long as the money is in place, there is nothing that cannot be dug up.
"Then I'll be fine. After this is over, you can try to contact the Spanish side first. After listening to their explanations, Zhang Rujing also relieved his heart.
With these few hundred people, even if the start is slower at first, at least the factory can be operational.
As long as it can be operated, talent training can be done slowly.
"Then I can also get the personnel in place first." Liang Mengsong looked at Chu Qing as he spoke, the meaning was already obvious, and the digging would start now.
After all, they have to go to Xiangjiang, and they have to go through the formalities.
"Good! Then I'll have to start mobilizing money on my side. With the confirmation of the two of them, Chu Qing also responded with a smile.
Along the way, in the past few years, he finally has to build his own wafer factory. As he said to Tan Hao, if BBK wants to continue to develop, it has to start laying out the upstream industry from now on.
Only by mastering the industrial chain can BBK be said to be truly established.
"Chairman, you've been talking for so long, and you haven't decided what this fab is called?" Seeing that they had reached a tacit understanding, Ke Shao, who had been watching from the sidelines, although An didn't want to spoil the atmosphere, he couldn't help but ask.
"yes, this project must at least have a name!" Lao Liang Jing Tan Hao said this, and immediately reacted.
"Look at my memory, just thinking about how to build a factory, I forgot the name." Chu Qing also slapped his forehead, almost forgetting the most important thing.
"Then you can get one." Zhang Rujing also looked at Chu Qing expectantly. Chu Qing looked at the expectant eyes of several people, and pondered for a while.
"It's better to call it a strong core, only when we are strong ourselves, can we not be afraid of external interference."