Chapter 361: The Third Move
"Because whether it is Wall Street capital or capital from other countries, such as Neon's SoftBank Investment and Nomura Securities, they have invested in Xinxin Technology, and Temasek and Norway's sovereign wealth funds have also invested in Xinxin.
We absorb capital from all over the world, they only have the right to pay dividends, not decision-making power, and they get one-tenth of the normal share capital to vote on the shares.
In other words, the control of Xinxin has always been firmly in my hands, which is completely different from the situation of Samsung and TSMC.
I can completely control the dividend of Xinxin according to my own wishes, Xinxin's annual dividend is about 2 billion US dollars, but our profit is more than 5 billion US dollars, and I put the majority of Xinxin's annual profit on employees and R&D investment.
This is also the fundamental reason why Xinxin has always had core competitiveness in the semiconductor battlefield, and we are more willing to invest money in research and development than dividends to shareholders. ”
In the future, Huawei has been able to start a business across multiple fields, and can make some achievements, and their benefit distribution mechanism is the key.
Although Huawei has not done an authentic job in some aspects, it is very rare that they have been able to succeed in consumer electronics, smart cars and other fields after their great success in the communications industry.
It is difficult for general giants to cross borders, and most of their entrepreneurship is based on the derivative industry on which they stand, and even then it is easy to fall into decay and then package and sell the derivative industry.
The most typical case is the blue giant IBM, after the success of the mainframe, successively made personal computers, semiconductors, business management consulting, etc., and finally these fields were packaged and sold one by one.
The reason why Zhou Xin is willing to give dividends to employees is that the employee compensation system is highly tied to corporate profits, and this set of gameplay is also to learn from Huawei, he cannot guarantee that he will always be able to make correct decisions in the future, and the self-correction mechanism of the enterprise is particularly important.
Huawei's model proves its combat effectiveness, so I will imitate Huawei's mechanism to plan for the future.
"In fact, it's not just Xinxin, NewPay, Xinxin, and Matrix have adopted this structure, Newman, you attach great importance to the control of the enterprise, no matter who invests in your business, you have to firmly grasp the control in your own hands." Michael asked. "Is it because you're insecure?"
Zhou Xin has been in the position of the richest man in the world for many years, and the media has almost ripped off Zhou Xin's growth experience, and his parents died early, so many media attribute Zhou Xin's extraordinary desire to control the company, which is attributed to Zhou Xin's growth environment causing him to lack a sense of security.
Zhou Xin did not admit this, and no media asked him this question.
Michael felt that the opportunity was rare, and Zhou Xin's performance was so relaxed, and these issues could be discussed at the opportunity.
"There are countless cases of founders being swept away, and in the case of Matrix's acquisition of Apple, Jobs, as the founder of Apple, has no right to object, not to mention that Jobs was once swept away by Apple, isn't it normal for me to be insecure?
Moreover, since NewPay, a large number of Silicon Valley companies have adopted an equity structure with weighted voting rights, which does not show that everyone lacks a sense of security in the face of strong investment institutions.
Since investment institutions are willing to accept this equity distribution method, it shows that they recognize the value of the enterprise and would rather lose their voting rights than invest, and the development of NewPay, Matrix, and Xinxin has proved that their choice is correct.
The past makes the present, and the present influences the future. Zhou Xin explained.
Throughout the interview, Zhou Xin wanted to convey the idea that Xinxin is the result of market-oriented competition, and what we are suffering from now is unfair treatment, and it is Ameriken who adopts the principle of non-marketization to target Xinxin Technology.
Michael asked: "At a recent press conference in Washington, the media asked about Xinxin Technology, saying that Xinxin may be related to the Oriental official, what do you think about this?" ”
This is also the usual method of the White House, and there are not a few companies that have been falsely accused like this in later generations, some of which are indeed related, but there are also companies that have nothing to do with such titles inexplicably.
"No, it's true that Xinxin Technology has official capital, but we have never provided any services to the army, and we are not a military enterprise." Zhou Xin cut the railway.
There is a tacit understanding between the two sides that some topics will not be discussed, and the media in Europe and the United States maliciously speculate that Xinxin Technology will provide lithography machines, semiconductor talents, chip design, and chip manufacturing related technologies for relevant parties in China.
Such accusations are also present in the White House, which is an extremely sensitive topic, because there is a real possibility of such a thing, and even this is a fact that has already happened.
Xinxin sold lithography machines to state-owned enterprises in China, and the state-owned enterprises were then transferred to military enterprises, and some engineers from semiconductor-related military enterprises went to Xinxin to join and then go back after working for a period of time.
Zhou Xin wants to directly refute, won't semiconductor companies in other countries around the world cooperate with their countries? Why can't Chinese companies sell their products to Chinese officials, just because this is a sensitive technology as defined by Ameriken?
Of course, Ameriken is in an advantageous position, they can make the rules at will, and when the rules don't work against them, they can change the rules.
Zhou Xin just felt that it was unfair.
But this kind of thing can't be said on the table at all, and the entire reporter won't mention it, let alone Zhou Xin.
Because once Zhou Xin admits that the Ameriken side has a legal basis, the relevant punitive measures can be further increased, just by using the Wassenaar Agreement requirements, the enterprises of the participating countries in the agreement stop cooperating with Xinxin, and Xinxin can maintain the current advanced process for two years by relying on reserve materials.
When the time of two years is up, the process will be regressed to 65nm.
This is on the premise of purchasing Sumitomo Chemical's semiconductor technology.
"Newman, do you think Ameriken's executive order has a big impact on Newchip?
If the White House does not change its attitude towards Xinxin Technology, will Xinxin Technology still be able to maintain its current competitiveness in the future? Michael asked.
"I think the impact is temporary and huge, and the scale of our business has shrunk by at least one-third, and for any company, when their size shrinks by one-third due to non-market factors, the impact is huge," Zhou said.
However, Xinxin Technology has its own deviation correction mechanism, and this impact is also short-lived.
We can't work with Matrix, so we can work with other phone manufacturers, Sony, Nokia, Samsung, etc.
Xinxin's advantages in the field of smartphone chips are very obvious, whether it is performance or power consumption, the A series chips are second to none.
The inability to cooperate with Xinxin is a loss for Matrix, which needs to be forced to change to another supplier's chip, and Mphone is no longer the best performing smartphone.
The mere fact that it has replaced Mphone as the best performing smartphone is enough to make other smartphone manufacturers excited.
But that's not a good thing, Matrix is also a business that I founded, and I made it an iconic brand in the smartphone era, making it the most powerful tech company in the last few years.
It's sad that the White House's unfounded accusations and unfounded administrative tactics have led to Matrix becoming bleak. ”
Zhou Xin needs to make Americ consumers aware that the measures taken by the White House against the Matrix will also be damaged for them, and the Mphone they can buy will be affected, both in terms of performance and battery life.
Michael took out the Mphone3 from his pocket and showed a regretful expression, after the Mphone3 came out, even the shooting at the press conference or the subsequent financial crisis did not affect the sales of the Mphone3.
With a price tag of nearly $1,000 and global sales exceeding 100 million, it was a huge commercial success, so successful that all the media chanted the name of Matrix and considered it the Microsoft of the new era.
In every era there were tech giants, in the seventies it was IBM and Cisco, in the eighties it was Microsoft and Intel, in the nineties it was Yahoo, then the first decade of the new century, without a doubt, was Matrix and NewPay.
Matrix's stock price has risen continuously during the financial crisis and has exceeded $500 billion.
The founders of these two most famous and successful enterprises in the first decade of the new century were Zhou Xin, which also made Zhou Xin's popularity rise to a new level.
If there is a system, the legend level should be at least +10.
"I love the Mphone3, I haven't used a smartphone before using the Mphone3, it makes me feel like I've entered a new era of technological change.
Even though I can't enjoy all the features of Mphone in China, the features are limited, but it is still the best smartphone.
It would be a pity if the White House's decision would result in Mphone ceaseing to be Mphone. Michael said.
Zhou Xin said: "It's not just that simple, the Mphone4 that was originally supposed to be launched next fall will also be affected.
The behavior of the White House, to use the old Chinese saying, is to pull a trigger and move the whole body. ”
Ameriken clearly had more than that.
In the case of Xinxin's acquisition of Elpida, NEC, Hitachi and the Ministry of Industry and Economy behind it all agreed, and Ameriken took action, asking Neon not to sell Elpida to Xinxin for the same reason.
"It's too much of a deception! Ameriken is forcing us to choose to sell Elpida to Micron. Yukio Sakamoto slammed the table angrily, he couldn't accept such an outcome.
Kaoru Yano, the president of NEC, is also unacceptable, but can you not listen to your father's words? Do you dare not listen?
Not to mention that the NEC did not dare not listen, the Ministry of Industry and Economy also did not dare to disagree.
"Sakamoto-san, don't think about it, let's contact Magnesium, we have no choice.
I understand your feelings, NEC also hopes to cooperate with Xinxin, which is much better than Micron.
There is an idiom in China that says that things backfire, and the current situation is that things backfire, we can't resist American's decision, we can only obey. ”
Kaoru Yano seemed calm and not depressed by the news.
Yukio Sakamoto, as a veteran of the industry for many years, naturally knows how Neon Semiconductor collapsed back then.
The entire industry can be brought down by Ameriken's methods, and it is impossible to resist, let alone Elpida, which has come to an end.
Ameriken didn't say much, just said that Elpida couldn't be sold to Xinxin.
For Neon, I can't sell it to Xinxin, and I can't sell it to Hynix and Samsung, so my only option is Micron.
The only semiconductor manufacturers in the world who have the ability and willingness to buy Elpida are Xinxin, Samsung, Hynix and Micron.
The reason why Yukio Sakamoto is so angry is related to the humiliating offer made by Micron executives in addition to the fact that he has no choice.
Xinxin talked to them about the acquisition of Elpida at a valuation of $4 billion, but Micron only had a vice president, and the offer was only $2 billion, with an expression of charity, looking like you are waiting to rot in your hands if you don't sell it.
Elpida's loss at this time was as high as 70 billion yen, and it was impossible to throw any more money into it without selling NEC, Hitachi, and the Ministry of Industry and Economic Affairs.
Because as long as Samsung, Hynix and Micron do not join forces with them to raise the price of their products, Narpida will never have the possibility of turning a profit.
These three will wait for Elbida to fall, and then raise the price after it falls, so that the benefits can be maximized, so Elbida is bound to die.
When the choice of Xinxin disappeared, Micron was so unscrupulous.
"After the sale of Elpida, has Sakamoto-san considered joining the new core?" Liang Mengsong invited.
Xinxin did not react much internally after receiving the news, because this was expected by Xinxin's strategic analysis department, and it was impossible for Ameriken to let them continue to acquire high-quality global semiconductor assets.
The time window has passed, and there is only one way for Xinxin to go in the future, that is, self-reliance and self-improvement.
So after Liang Mengsong saw Yukio Sakamoto, who was ten years old all of a sudden, he didn't pay attention to what Erpida planned to do next, but directly poached people.
Yukio Sakamoto, who had already resigned and planned to go back to retire, raised his head after hearing it and said, "What does Liang Jun mean, Xinxin invited me to join?" ”
Liang Mengsong's personal invitation and Xinxin's invitation are two different things, Liang Mengsong's personal invitation to serve as an executive in ASPLA, Yukio Sakamoto is unwilling.
Xinxin invited, which means that Xinxin will give him a piece of business to do.
Liang Mengsong nodded: "That's right, although we can't acquire Elpida, Xinxin still wants to enter the field of memory chips, and see if Sakamoto-san is willing to regroup in the field of memory chips and compete with Samsung, Hynix, and Micron." ”
Yukio Sakamoto's eyes lit up, for him, he was already in his sixties, and it was delusional to want to make a comeback on his own, but it may not be impossible to rely on the big tree of Xinxin.
Not to mention killing Samsung and Hynix, at least let them have a pain in their flesh, and it is not difficult to cut a piece of meat from them.
"Okay, I'm willing to accept the invitation of Xinxin, there are still some things to deal with when Elpida sells to Micron, and I will join Xinxin as soon as I finish processing." Yukio Sakamoto didn't even give me some time to think about such a prevarication, and directly agreed.
On the other hand, Samsung has eaten the cake of Xinxin.
"Only in this way, Matrix North America has divided a part of the order to us, and at the same time, it has also put forward a harsh condition, that is, Samsung must purchase the equipment under construction from Xinxin."
(End of chapter)