In 2016, the global semiconductor revenue totaled 396.5 billion US dollars, just one step away from breaking through the 400 billion mark.

Compared to 2015, the annual growth rate is as high as 22.8%!

First, it benefited from the sharp rise in memory prices and stable exchange rate fluctuations; Second, the strong rise of future technology and Shanhai Microelectronics, and the continuous emergence of phenomenal electronic products, have brought new opportunities for the development of the industry.

With the rise of 5G communications, Internet of Things, cloud computing, and big data technologies, the demand for high-performance, high-storage, and energy-efficient chips has increased rapidly.

In addition, the establishment of the "Shanhai Semiconductor Alliance" has enabled more than a dozen leading enterprises such as Jiangdian Technology, Jinling Hi-Tech, Huaxin International, and Huahong Integration to successfully achieve large-scale mass production in 28nm chip manufacturing after obtaining technology authorization.

The self-sufficiency rate of Huaguo chips has increased to 26%, and there is a total consumption of 230 billion US dollars in the whole year, of which 60 billion US dollars in orders come from local semiconductor companies.

In short, the chip supply structure of Dahua District, from 100% dependence on imports at the beginning, is slowly transitioning to localization.

The transition process is often accompanied by intense suffering!

But this time, it is Inter, Wanji, Sanxing and other companies that are suffering!

The low-end chip manufacturing process, such as between 28nm and 90nm, is responsible for alliance members such as Huaxin International and Jinling Hi-Tech; Precision chip manufacturing processes, such as 16nm, 14nm, 10nm, etc., are responsible for Shanhai Microelectronics!

The import value of integrated circuit products fell sharply by 54 billion US dollars, and the annual revenue of semiconductor companies in Europe, Beiberryzhou, Neon, Korea and other countries plummeted by 20%.

For a time, the multinational giants such as Intel, Sanxing, Hotong, SK, and Botong hated itchy.

However, they are helpless!

Neon State banned the sale of photoresists and etchants in Yazhou, trying to suppress Shanhai Microelectronics and Sanxing, but Shanhai directly launched more advanced photoresist materials, self-sufficiency at the same time, did not forget to snatch a large number of orders from Xinyue Chemical and Sanling Sumitomo.

When they wanted to use the means of price reduction to save Sanxing, they were ruthlessly rejected!

Because Shanhai Microelectronics immediately synchronized with the same price and did not give them the slightest chance, it led to a significant shrinkage of Xinyue Chemical's market share in Yazhou.

AMSL wanted to withdraw the after-sales team, and soon ushered in the retaliation of Future Technology, and did not even hold up for a round, so he immediately admitted it.

Shanhai Group's Moss artificial intelligence products, brain-computer interface carriers, photovoltaic panels, Xi and EDA software, etc., all have a certain degree of irreplaceability.

Blockade will only hurt both sides!

Even the commerce department of the beautiful country has to consider the social impact, if the future technology cuts off the supply chain of Ai products and services and microelectrode arrays, those super-rich people in Beverly Hills will have to tear them all apart.

In this world, it is never known which comes first, the accident or tomorrow?

What if you encounter a car accident or illness that results in amputation, paralysis, and an urgent need for a biochip to save your life?

Therefore, although the scale of China's semiconductor industry is expanding at a speed visible to the naked eye, the top management of Oberry is still a "blind" attitude.

Even though the country's semiconductor association has protested many times, it has turned a deaf ear.

In desperation, companies such as Intel, Sanxing, and Botong had to gradually accept the reality.

The only thing to be thankful for is that after mastering the 10-nanometer chip process, Shanhai Microelectronics did not refuse overseas cooperation orders.

Fabless chip companies like Pickaxe and Maiweida said that they have nothing to say, anyway, they don't have a wafer factory, and it's the same for whoever they are looking for!

Shanhai Microelectronics' foundry price is fair, and the yield rate is high, only when Shanhai production capacity is insufficient, they will choose to hand over part of the order to Bay Semiconductor Manufacturing or Sanxing for production.

Moreover, they are only willing to pay for chips that meet quality requirements, and the loss of defective products will be borne by the foundry.

Sanxing categorically refused in the face of such a humiliating contract, and in order to continue his life, Wanji tearfully agreed.

In addition, Shanhai Microelectronics has not set off a price war in the world, which is the main reason why they silently accept it.

Before the birth of a new technology, countless R&D funds and scientific research manpower were consumed, and no one wanted to jump out of a crazy spoiler.

Although Huaguo's market income has been damaged, there are still vast markets waiting to be opened up in Tianzhu, Latin Berry Island and Gray Continent.

A sea-blue Bentley Mulsanne galloped on the outer ring elevated highway and went straight to Pudong Electronic Port.

Chen Heyu clicked on the WeChat message, checked the content of the message sent by Comrade Chen, and smiled slightly.

"Son, I will drive the RV tomorrow, bring your grandfather and second uncle's family, and go to Shanghai to accompany you for the New Year."

He knew very well in his heart that his parents were worried that Wenwen would bump into it.

My father-in-law, Luo Guoyong, also mentioned on the phone last night that he wanted to take the high-speed train to Shanghai with his mother-in-law.

"Lao Mo, remember to help me contact Mr. Peng of Shanhai Security, and send a driver to pick up people at the train station tomorrow, and the message will be sent to your WeChat."

Chen Heyu admonished.

"Okay, boss, I'll arrange it as soon as I get to the company in a while."

Ding Mo nodded in agreement.

Ten minutes later, the headquarters building of Shanhai Microelectronics was looming, as the strongest semiconductor company in China.

Under the coordination and co-ordination of Zhou An, the entire electronic port park is all the office buildings of Shanhai Microelectronics.

From a distance, it stands tall and tall!

"Mr. Chen, the conference room is ready and ready to start."

He Tingbo and Wang Maosong stood in front of the gate, saw the boss's car, hurriedly walked over, bowed down and said.

"I'll just sit in on it, and you will preside over it."

Chen Heyu pushed the door and got out of the car, and said lightly.

"Okay, boss."

He Tingbo accepted calmly that Chen Heyu gave her great freedom of management, and without anyone interfering, the development of Shanhai Microelectronics is getting better and better, which is enough to demonstrate her personal ability.

"Is Lao Liang here?"

Chen Heyu asked as he walked.

"He is one of the few P6 senior chief engineers in the R&D center, so it is natural to participate in the annual financial meeting."

He Tingbo said with a smile.

"yes, I see."

Chen Heyu bowed slightly, walked straight forward, and took the elevator to the super large conference room on the third floor.

Through the glass door, you can see that the room is full of engineers and managers, chatting in a muffled voice.

When he walked in, the room fell silent.

"Lao Liang, Ye Youcheng, Lao Wu, Xie Shengdong and Noyce, what are you hiding so far away? Sit down on my side. ”

Chen Heyu sat down, looked around, knocked on the table, and said in a deep voice.

"Boss, we are technicians, we don't need to report work, and we should make room for the heads of other departments."

Wu Maozhe is the most familiar with him in private, and said with a hippie smile.

"Don't be verbose, a few of you sit down next to Mr. He."

Chen Heyu waved his hand, not giving a few people a chance to refuse at all, and asked He Tingbo to adjust his seat.

In his opinion, the core wealth of Shanhai Microelectronics is Lao Wu and Noyce and others, without their dedication and contribution, where can other departments sell their products.

Liang Kaiji's heart warmed, when had he received such courtesy before.

"Lao Liang has worked hard recently, the engine materials of Dijiang No. 1, thanks to you.

Professor Strong commissioned me to tell you last time, if you have time to go to Yancheng to see, the R&D team of brain-computer interface is curious about you! ”

Chen Heyu patted him on the shoulder and encouraged him gently.

"Thank you, boss."

Liang Kaiji subconsciously replied, holding back a lot of words in his heart, wanting to say something, but he didn't know how to organize the language, he was not good at words, so he could only grin and express his gratitude.

Chen Heyu smiled, and then signaled that He Tingbo could start.

After two years of development, the company has three R&D centers and two special materials laboratories.

In Shanghai and Jinling, there are a total of 2 ultra-large wafer factories and 2 large-scale chip manufacturing bases, as well as 3 medium-sized wafer factories and 2 small chip manufacturing bases, with an annual output of 41.7 million wafers.

It can be said that in terms of production capacity, we have achieved the first place in the world! ”

He Tingbo said with a smile, calmly looking at everyone, waiting for everyone's feedback.

"Papa~Papa~!"

Chen Heyu gently clasped his palms, broke the calm, and gave encouragement.

"We have a total of 134 lithography machines, including 100 NXT 1950i DUV lithography machines, 20 EUV lithography machines, and 14 old equipment models......"

He Tingbo continued.

"Take time after the year to inform the members of the Semiconductor Alliance that Shanhai will continue to release the 16nm process authorization, and by the way, dispose of these 14 lithography machines."

Hearing this, Chen Heyu thought for a moment and interrupted.

"Okay, boss."

Wang Maosong nodded, he has always been in charge of this business.

"The output of 28-nanometer chips is 8.1 million pieces, and the output of 16-nanometer chips is 12.6 million pieces, which is basically the OEM order of Pinghua mobile phones;

The output of 14nm chips is 13.9 million pieces, and the output of 10nm chips is 7.1 million pieces, covering Shanhai M-4, Snapdragon 825, and Maiweida's high-end GPU products.

In terms of revenue, it should be the topic that everyone is most concerned about......"

He Tingbo paused and said with a smile.

Everyone unanimously turned their eyes to Wu Maozhe, Xie Shengdong, Noyce and others, with envious looks in their eyes.

"The total annual revenue of 28nm chips is $17.3 billion, the revenue of 16nm chips is $34.9 billion, the revenue of 14nm chips is $48.7 billion, and the revenue of 10nm chips is $31.2 billion.

A total of 132.1 billion US dollars!

Last year, the global wafer production was 190 million pieces, and the industrial scale was 396.5 billion US dollars, in other words, we only used 22% of the production capacity to achieve 32% of the revenue level. ”

He Tingbo said proudly.

Whether it is the production capacity of chips or revenue data, Shanhai Microelectronics has comprehensively crushed Inter.

According to incomplete data from survey agencies, the annual revenue of the Inter Group will not exceed 50 billion US dollars at most.

Sanxing Electronics is about 40 billion US dollars!

Pickaxe, SK, and Botong are all tied together, barely counting 40 billion US dollars!

To put it simply, one Shanhai Microelectronics can beat ten semiconductor peers!

Chen Heyu's face was as usual, and when he heard the figure of "132.1 billion US dollars", there was not much turmoil.

"What is the output value of Shanhai M series and P series?"

He asked softly.

"The cumulative sales of the self-developed chip business is 8.76 billion US dollars, accounting for only 6.6%, and in 2017, Rice Technology will use a large number of M series and P series chips in the Tianzhu and Gray Island markets.

It is expected to increase to 25% by the end of this year......"

He Tingbo is colorful.

In terms of chip processors, Rebus decided to use domestic chips in an all-round way, and the ratio will only get higher and higher.

The bulk is still earned by foreigners, but there is no way, after all, Shanhai Microelectronics has only been started for two years, and if you want the market to accept the chip products independently developed by Huaguo, you still need marketing promotion and more time.

"Go ahead."

Chen Heyu said.

"The company's gross margin for the year was 61.7%, gross profit was $81.5 billion, net profit margin was 39.7%, and net profit was $52.4 billion.

The R&D investment in 2017 is expected to be controlled at 30%, that is, 15.74 billion US dollars, mainly for 7nm chip process research and development, as well as mergers and acquisitions, investment and technology holding of front-end equipment factories. ”

He Tingbo said loudly.

With a terrifying net profit of 52.4 billion US dollars, BAT is not an opponent tied together!

In addition to self-developed chips and contract processing, Shanhai Microelectronics is not a simple semiconductor company, in addition to self-developed chips and contract processing, the investment in heat treatment, etching, ion implantation, mechanical polishing, and lithography equipment is not lost to industry giants such as AMES and Intel.

As for packaging equipment, Chen Heyu doesn't have to worry about it, because Huaguo chose the packaging and testing process at the beginning of the development of the chip semiconductor industry.

Whether it is technical heritage or machinery manufacturing, it can meet the follow-up development needs of Shanhai.

"The remaining revenue modules, as well as chip process licensing, heat treatment patent licensing, photoresist material sales business, etc., have a total revenue of 13.5 billion US dollars and a net profit of 6.85 billion US dollars......"

He Tingbo summarized simply.

In terms of details, detailed financial statements will be made and sent to the mailboxes of the heads of departments and core engineers.

Net profit of 59.25 billion US dollars!

Compared to last year, the income has quadrupled!

The reason for this situation is that, on the one hand, Shanhai Microelectronics has snatched 60% of the foundry orders of Bay Semiconductor Company, and on the other hand, it is because Shanhai Microelectronics' M series chips are independently developed, designed and produced, and the net profit margin is extremely high.

Moreover, Shanhai Microelectronics has "outsourced" the production of 28-nanometer chips with relatively low profit margins to other companies through technology licensing, and only does the most cutting-edge precision fields by itself.

"The prize pool of the year-end bonus has been increased to 20 billion Chinese dollars, and if you calculate it, there will be about 2 million Chinese dollars per capita, do you have any questions?"

Chen Heyu pondered for a moment and set the amount of the prize pool of Shanhai Microelectronics.

"20 billion Chinese dollars?"

Some non-technical managers swallowed their saliva, they had no chance to get sales dividends, and they could only rely on year-end bonuses to fatten.

Even if the quarterly bonus coefficient of the whole year is worse, you can get a year-end bonus of hundreds of thousands, which is about equal to the salary income of most of the year.

If it is the kind of excellent employee who has won A many times, the difference will be big, and it will be easy to earn millions of Chinese dollars.

"Boss, no problem, I wish you a happy daughter in advance, and I hope to make persistent efforts to give birth to a little master."

Wu Maozhe said cheekily.

He just calculated in his heart that after deducting taxes, he could get a commission of 4.2 billion Chinese yuan and a year-end bonus, but he couldn't look down on it at all.

"Didn't Lao Wu give birth to one? At a young age, I don't even have a nightlife, isn't it not okay! ”

Chen Heyu teased with a smile.

In an instant, the atmosphere became light and cheerful, and then the debriefing of the heads of various departments, and a financial summary meeting was held until 3 o'clock in the afternoon.

"I'll go back first, the annual meeting will be more lively, if I have time, I will come to participate."

Chen Heyu got up and said.

"Okay, boss, I'll send you."

He Tingbo said diligently.

"No, let's all go to dinner, it's been delayed for so long."

Chen Heyu said with a smile.

Hearing him say this, everyone felt that their stomachs were really hungry, and they had just been stunned by the year-end bonus, and now they reacted.

When the year-end bonus plan of 20 billion yuan was announced, the company's tens of thousands of employees instantly couldn't hold back, and the bonus of 2 million per capita didn't dare to work so hard.

3 billion last year, 20 billion this year, almost 7 times higher!

Hao's inhumane money-throwing methods made the engineers in the R&D center unbearable.

……

"Noyce, you have been working in China for a year, the year-end bonus should be issued, right?"

Carlyle from the Intel R&D Center called across the ocean and asked.

"Not yet."

Noyce sat down on the couch and replied casually.

“Shit！ I'll just say, Shanhai Microelectronics must be a garbage company, otherwise, you should return to China, and I will help you recommend it to Interelectronics. ”

Carlyle said enthusiastically.

"It's just that it didn't send it, and it's not that it didn't send it! Carlyle, you must know that Huaguo's year-end bonus is not issued at the end of the year, but during their Spring Festival.

It's a pity that if I could have joined Shanhai Microelectronics earlier, there would not have been only such a little bit of dividends. ”

Noyce said with annoyance, he regretted not being at the beginning, and he couldn't wait to report on the first day of the establishment of Shanhai Microelectronics.

"A little, how much is that?"

Carlyle asked.

He is also amazingly talented in the field of electronic circuit design, and before he was 30 years old, he became an ASIC design engineer of the Intel Group, with an annual salary of up to 140,000 US dollars.

"It's only 260 million US dollars, which is less than half of my colleagues."

Neustan said admittedly.

"2.6 American knife? Walt! Did I hear me wrong? Or are you wrong? ”

Carlyle was stunned for a moment.

"It's 260 million dollars!"

Noyce repeated, word by word.

"Bang dang!" Boom!

He heard the sound of the water glass falling to the ground from the opposite side, and couldn't help but ask, "Carlyle, my brother, are you okay?" ”

"What do you call a little bit?"

Carlyle's tolerance is not bad, and he asked in a muffled voice, he is in a bad mood right now.

"Yes, billion!"

Noyce is serious, because Wu Maozhe's kid has 640 million US dollars, which is enviable.

(End of chapter)