Xinxin has developed from a semiconductor enterprise that relies solely on Zhou Xin's reputation to a semiconductor giant that cannot be underestimated in the industry today, and there are all kinds of secrets of Xinxin's success in the industry and the market that Xinxin can develop into today's behemoth in less than ten years.

The success of Xinxin has also added a lot of content to the case library of various masters.

Some believe that the success of Xinxin is due to their massive capital and continuous investment in R&D, some believe that Xinxin's success is due to Zhou Xin's vision to choose the optimal development direction, and some believe that the salary system with international competition level ensures that the combat effectiveness of employees is the key to success.

At present, the salary standard of Xinxin can be benchmarked with foreign companies, and the salary of some departments or branches with good benefits is even more than twice that of foreign companies, which makes Xinxin the best choice for graduates.

In addition, Xinxin has been in a period of expansion, even if the financial crisis has only slowed down the expansion of Xinxin, and has not interrupted this trend, so for graduates of science and engineering from prestigious universities, it is not so difficult to go to Xinxin, and compared with McKinsey only issuing 10 offers in mainland China every year, the salary and development prospects are not inferior to McKinsey's Xinxin is much friendlier.

There are so many success factors for Xinxin, and one thing that everyone will not deny is that Xinxin's capital operation is very successful, and Xinxin can achieve its goals at the minimum cost, whether it is acquisition, capacity expansion, or the company's listing.

Xinxin's perfection in capital operation allows them to give full play to their advantages in the semiconductor competition.

This advantage is also due to the current position of Huaguo in the international division of labor, which has not yet robbed too many countries of their jobs, and the name of the pulverizer in developed countries has not yet been worn, and it is easier for Chinese enterprises to acquire semiconductor companies to get the regulatory consent of the country where the acquired enterprises are located.

Take Xinxin's acquisition of ASPLA as an example, when ASPLA came out that it wanted to package and sell as a whole, in addition to Xinxin, Samsung also wanted to buy, but because Samsung and the shareholders behind ASPLA were or had engaged in a lot of cruel business competition in many fields, they didn't want to sell ASPLA to Samsung at all.

Even if Samsung's price is higher than that of Xinxin, Neon directly rejected Samsung's offer without even looking at it.

This time, the news that Elpida wanted to make a move, Neon Enterprises also conveyed it to Xinxin for the first time, and in their opinion, Xinxin is the best partner to work with.

Because this financial crisis is more serious than the original 08 financial crisis, Elpida did not resist until 2010 to find someone to take over, as later generations did, and they were already on the verge of bankruptcy a year in advance.

Xinxin has the ability and may be willing, and more importantly, Neon does not want to sell the last hope of neon memory chips to Korean enterprises, which has been beaten badly enough, and then selling it to Korean enterprises is tantamount to surrendering with both hands.

"Elpida prefers to cooperate, and the shareholders behind Erpida hope to retain part of the shares, and they hope to cooperate with 51% and 49%, and they give their controlling stake to Xinxin, which is the proportion of shares." After Liang Mengsong briefly finished talking about the situation, Zhou Xin fell into thought.

Standing at this point in time, taking over Erpida is a good thing for Xinxin's semiconductor territory, because Xinxin's entry into the field of memory chips can deal a heavy blow to Xinxin's main competitor Samsung.

Samsung expanded against the trend in the financial crisis, betting that Elpida would not last for a few years, and as soon as Elpida fell, Samsung would be able to eat most of the market share occupied by Elpida, and the remaining small part was eaten by Hynix and Micron.

Everyone has been carrying it for so long, just waiting for Elpida to fall, according to the research of Samsung's internal strategic analysis department, Elpida will not be able to survive this year.

"Let's talk to Elpida, memory chips are a big market, I think it's okay to match 51% and 49% of the shares, discuss with them in detail on the price, and if you want to privatize Erpida, they need to let Neon cooperate." Zhou Xin said.

Hu Zhengming felt a little strange, because according to Xinxin's style, they tried to complete the wholly-owned acquisition, rather than leaving so many shares for the shareholders behind them.

There is a huge demand for memory chips in the consumer electronics companies of the new chip system, and at the same time, after the new chip gradually transfers the production line and R&D department of Elpida to Huaguo, the cost can also be reduced by a large margin.

Therefore, for this kind of cooperation, Xinxin is on the strong side, and Elpida has a request for Xinxin, which can be wholly acquired, and there is no need to leave 49% of the shares to Hitachi and NEC.

The main shareholders behind Elpida are Hitachi, NEC and Kingston, of which Hitachi and NEC are the initiators, and Kingston is the shareholder who entered the game later, because global consumption is shrinking, and Kingston is about to be unable to bear it.

After the executive meeting, Hu Zhengming asked: "Do you think Ameriken will take administrative measures to deal with Xinxin?"

After the curtain of the core you talked to me about before falls, in order to ensure the normal operation of Xinxin's business, we need to maintain a cooperative relationship with Neon Companies, so that they can continue to cooperate with us? ”

After the acquisition of ASPLA last year, Zhou Xin and Hu Zhengming had a long talk, in which Zhou Xin expressed concerns about the future, which focused on the concept of the core curtain, believing that Ameriken would prevent the continued development of Huaguo Semiconductor through technical control in the field of chips.

The specific point in time is believed to be that after the financial crisis is over, Obama, the White House and Washington have time to step aside to do this.

Hu Zhengming believes that this is possible, because in the past, Ameriken has prevented the development of the neon semiconductor industry through administrative means, but Huaguo and Neon are different, and the agreement signed by Neon will not be signed by Huaguo, so it is entirely possible for Ameriken to adopt different means in order to achieve the same goal.

"That's right, including in the last two years, I want to keep part of the profits and make reserves of parts and raw materials, all in preparation for the fall of the core curtain.

If you want to speculate when the White House will take action against Xinxin and Huaguo's semiconductor industry, you will know when Paulson will step down. Zhou Xin said. I have had a bad feeling that some recent rumors in Washington have given me a bad feeling that Paulson's position will not be long in his place. ”

Hu Zhengming didn't know anything about this, "Paulson? Isn't he trusted by Obama? He was the only high-ranking official to remain after Obama came up, and the rest of the Bush officials were purged. ”

Zhou Xin shook his head: "How can it be so easy, the Treasury Secretary is a very key position, Paulson has been a supporter of the Elephant Party for many years and is also a confidant of Bush, how can Obama trust him." ”

Hu Zhengming asked: "Then why did Obama support Paulson's $700 billion fiscal stimulus package?" The power to allocate the $700 billion flows, even if you take into account the guarantee of financial stability, is still very powerful. ”

After the passage of the 700 billion fiscal stimulus plan, this power was basically in Paulson's hands, and if you calculate it with Huaguo's weight, you can see that Paulson's weight is higher than Obama's at this point in time.

Zhou Xin knew that Paulson would soon step down and be burdened with the pot that caused the financial crisis, which was just a little benefit to him, and told him not to talk nonsense after he went down.

Before the Golden Retriever, the bipartisan struggle in Washington had maintained a semblance of harmony, and everyone would not tear their faces openly, such as the Elephant Party lawmakers joining forces to kill the Elephant Party Speaker, which was something that could never have been dreamed of before.

"It's a quid pro quo that the Donkey Party allocates $700 billion in power to Paulson as it is to the Elephant Party, and in return, the Elephant Party will take full responsibility for the financial crisis, which is a tacit agreement between the two sides under the table.

And once the financial crisis has passed, Paulson is unlikely to stay in that position for long.

But he is not a loss, after stepping down, he can go to any financial institution that is still alive as an executive, and everyone has to give him this face.

It can be regarded as entering the pension stage ahead of schedule. ”

Paulson is a rare pro-China faction, and even in 2018, when the fight against China became the only bipartisan consensus, Paulson visited China several times in his personal capacity in an attempt to act as the glue between Americon and the financial community in China.

It is precisely because of his pro-China status that even if the Elephant Party re-enters the White House, he is the most senior expert in the financial field of the Elephant Party, with the most extensive resume and the most experience in handling the financial crisis, and he will not have the opportunity to serve as the secretary of finance again.

"In such an expectation, we need to try to win over neon semiconductor companies and the Ministry of Industry and Economic Affairs, even if it is worth paying a little benefit to delay a little time." Zhou Xin finally concluded.

The talks between Xinxin and Elpida went very smoothly, especially after Xinxin expressed its willingness to keep 49% of the shares to the original shareholders, the shareholders behind Elpida quickly reached an agreement and agreed to sell Elpida to Xinxin.

The only remaining disagreement between the two sides is the price, and Elpida wants to sell to Xinxin at a premium to its current market value.

The new chip hopes to directly acquire the market value, and the current market value of Elpida is about 2 billion US dollars, and the market value that has been falling endlessly has stopped falling quickly after the news that Xinxin is going to acquire Erpida, and it has stabilized at 2 billion US dollars after a small rise.

The two sides are at a stalemate because of the price.

Just as Elpida lost money again in the first quarter, Hitachi and NEC planned to compromise, and the Ministry of Energy of Ameriken took action to kick Xinxin Technology out of the EUV LLC alliance, claiming that Xinxin Technology, as a Chinese enterprise, continued to stay in EUV LLC may affect American's national security.

Affected by this news, the stock price of Xinxin Lithography Machine fell by 5 points, you must know that the market value of Xinxin Lithography Machine is 400 billion RMB, and it is a lot to fall by 5% at one time.

"Breaking news, the Americon Energy Department excluded Xinxin Technology from the EUV LLC alliance, industry analysts said that this will seriously affect the research and development of Xinxin Semiconductor's next-generation lithography machine technology, affected by this news, Xinxin Lithography Machine stock price suddenly dived."

Zhou Xin was very helpless after receiving the news, he had to come sooner or later, it seems that ASML's EUV lithography machine research and development is progressing well, otherwise he would not have kicked out the new core at this point in time.

Obviously, Ameriken is worried that Xinxin will continue to stay in EUV LLC, and if Xinxin and ASML successfully develop EUV almost at the same time, then it will be difficult for ASML to have a chance of winning in the commercial market, and ASML in the same camp is obviously easier to control than Xinxin.

"The storm is coming, Washington has realized the threat of the new chip to them, EUV LLC is only the first step, and there are still many challenges waiting for us in the future, so let the new chip lithography machine make an announcement, saying that this is unfair treatment, and then say that even if we can't continue to be in EUV LLC, we can still develop EUV lithography machine." Zhou Xin was calmer than he originally thought.

However, Americaken's move was not so simple, and the second move soon came, and the Ministry of Commerce of Ameriken informed Matrix that Matrix's chips could not continue to purchase Huaguo chips, and the reason was still national security.

Zhou Xin knows that this is the killer move, such a huge scale of Xinxin Technology is largely based on Matrix, and Matrix can help Xinxin digest a large amount of chip production capacity every year, whether it is mobile phone CPU or other power management chips, Bluetooth chips, ISP chips, etc.

Once the connection between Matrix and Xinxin is severed, then the system built by Xinxin will be completely destroyed.

If Ameriken's first move, the outside world just thinks that it is a bit overbearing, but it is still within the logical range, then after the second executive order was issued, public opinion in China was in an uproar.

In 09 years compared to 18 years later, there were many more people and media who had no brains to support Americacan, and at this time, the G2 theory was very loud, and China and Americon coexisted peacefully, and win-win cooperation between the two sides was the mainstream view.

The Chinese media and media practitioners are still trying to justify Ameriken's behavior, trying to argue that it is completely understandable, but the Internet has long been boiling, and Chinese netizens in major forums are expressing dissatisfaction.

"Matrix's Mphone and Apple devices can't use Huaguo chips, which is completely for the new chip, what national security is a complete excuse, and I haven't seen Intel and AMD chips banned."

"I rely on this to be too targeted, if I lose the Matrix market, Xinxin Technology will suffer a devastating blow, and more than half of the market share will be lost."

"The problem is that Matrix is a globally operated company, and the sale of chips with Huaguo chips to other countries also affects American's national security, right?"

"This is the so-called free trade and economic globalization, when the rules are good for me, you all have to follow the rules, and when the rules are not good for me, then I will change the rules.

No wonder it is said that the United States is the United States, and there is no wrong nickname. ”

"Xinxin is the first Chinese enterprise to be targeted in this way, right? Twenty years ago, when Neon Semiconductor was targeted like this, Ameriken didn't go to a company, right? ”

"No, at that time, Ameriken was targeting all the semiconductor companies of Neon, and this time it was completely aimed at the new chip."

"As soon as the news came out, the U.S. stock market opened today, Matrix fell sharply, the stock prices of Intel, Texas Instruments, and TSMC all rose sharply, and the executives of these companies were so happy that they couldn't sleep because of the mobile chip market share sold by Xinxin Technology."

"Seeing this news, I hurriedly went to replace my mobile phone with Xiaomi, supporting Xiaomi is to support domestic chips, and it is also to indirectly support Xinxin Technology."

There is also the evening, which is to make up for last night

(End of chapter)