Cang Yaozu's straightforward attitude made Avery Harari feel a little moved, but he was reluctant to create Shengdi by himself, he organized the language and said: "Cang, we have no intention of selling Shengdi, we founded this company because we need this business, not to sell it for money." Dr. Avery Harari has always believed in the promise of flash memory, but the widespread adoption of flash memory is indeed coming later than he expected. For a long time, the mass market for flash memory didn't really take shape. What Avery Harari didn't know was that the widespread adoption of flash memory was on the way.

"Doctor, I didn't say that it was an acquisition, it was a capital investment, the scale of Shengdi is too small, and it is very difficult to develop like this. Like you, I'm very optimistic about the future of flash memory, and I think flash memory is the future trend, but we can't just wait passively. This year, the semiconductor industry has fallen into a cyclical downturn, and I estimate that this time will be 2-3 years. This is a huge crisis, but there is an opportunity in the crisis, and this time is the best time for us to buy lithography machines and build a wafer factory. And let's start the research and development of large-capacity flash memory now, and then increase the market demand for flash memory, and a year later, the wafer factory will be put into production and burst production capacity. ”

"How do you increase the demand for flash memory?"

"Doctor, I am ready to go all out into the hardware industry, we have planned two near-term hardware projects, a long-term hardware project, both are consumer electronics, if our cooperation is reached, these two projects you can participate in my company's research and development, I believe you will not be disappointed." I emphasize again that I am investing, not acquiring, if I cause all of you to leave because of my acquisition, then I will not acquire, you are the soul of Shengdi, is the core competitiveness of Shengdi. I hope that you will still retain the chairmanship position, but the focus will be more on R&D, and the CEO of the company can be handed over to Sanjay Tra, and as for Jack, I hope he will focus more on the construction of the fab. What I want to tell you is that the last two to three years are very important, and we must establish the absolute hegemony of Shengdi in the global flash memory market. ”

"How much yield do you expect to need?"

"30 million to 50 million tablets in the first year, doubling every year. This is just my prediction, but I estimate that there is a high chance of an outbreak. The products we produce will be a hit, and our goal is to change the world. ”

"We can definitely fulfill your order, and our R&D team and foundry factory capacity are sufficient. ”

"Of course, now that the industry is depressed, capacity is not a problem. But we have a lot of demand, so I want to buy a company that has a certain say in the memory industry, which is the core component of my product, and if I don't control it in my own hands, I will panic. If I'm just looking for a partner, then maybe I'll go to Micron, maybe I'll go to Kingston. ”

This huge amount of orders and Cang Yaozu's proposal to build a self-built wafer factory deeply moved the people of Shengdie, although they were listed, but caught up with the downturn in the industry, the stock market did not take long to begin to fall and fall, investors almost did not have the opportunity to cash out, if there is a big money owner into the news of the game, those investors will be crazy with joy.

"Doctor, you know, the first company I took a stake in was the Israeli company, the company that developed and operated ICQ, and it was advertising frantically these days. I'm in Tel Aviv, Israel. Today I have acquired Hotmail, which was founded by Shabir Bhatia, and I will integrate him into ICQ and ride this wave of widespread promotion. Shabbir Bhatia is also a practitioner in the chip industry. In the future, he will be our Executive Vice President of Mountainside Technology. Jack Yuan and I are both Chinese, and our relationship is so deep, I believe this is a solid foundation for our cooperation. ”

"Cang, do you really have a plan to build a fab?" asked Avery Harary, who values this very much, Shengdi does not have a fab now, so it is just a fabless semiconductor company, which is a small chip design factory of Fabless. Only by having its own wafer factory can it be called the original factory and gain the respect of the entire industry.

"I'm very sure that I hope that Shengdi can acquire an eight-inch wafer fab so that production capacity can be formed immediately, and at the same time, I hope that my mountainside technology and Shengdi can work with Toshiba in Sakura Country to build two 12-inch wafer fabs, these two wafer factories I hope to build in Wanwan and Yandu, the semiconductor industry in Sakura Country is also struggling at the moment, I believe that cooperation is easy to achieve. ”

"You convinced me that in the past few years, we have given too much for the survival of the company. Now that you have sufficient funds, more mature projects, and stable capacity demand, I think the cooperation has already made a good start, how do you want it to work?"

"I will buy 60%-70% of the shares, mainly from investors, and the three of you will try to keep the shares. ”

"We agree in principle, so let's start working on the details. I hope we have a happy cooperation in the future. ”

"Doctor, let's change the world together. ”

After more than three days of negotiations, Cang Yaozu's Panda Capital bought 55% of Shengdie's shares for $145 million, and the early venture capitalists basically took the money and walked out. Shengdi Semiconductor is the first NASDAQ-listed company in the hands of Cang Yaozu.

Then Panda Capital injected another $200 million, bringing the stake to 72%, with Dr. Avery Harari holding 15%, Sanjay Tra 5%, Jack Yuan 3%, and the rest being outstanding shares. The current number of outstanding shares may be somewhat insufficient, mainly because Melissa has acquired a lot of fractional shares in the market, but fortunately, it is purchased and held through multiple accounts.

Dr. Avery Harari and Toshiba have always been in contact, for the three to jointly set up two wafer factories, and the product has a buyer, Toshiba expressed great interest, this is to send them money, but I heard that the wafer factory is going to be built in Yandu and Wanwan Toshiba is a little hesitant, Cang Yaozu explained to them several reasons, one is that Yandu has low labor costs, the second is that he can get a bank loan, and the third is that he united six universities to build a new Silicon Valley in Yandu, and solemnly invited Toshiba, Shengdie and Mountainside Technology jointly established the Semiconductor Industry Research Institute. At the same time, Cang Yaozu also revealed that he planned to jointly conduct research on micro-hard disks and new LCD screens with Toshiba, and he would also build a factory to explode production capacity in the later stage.

After Toshiba learned of Cang Yaozu's plan, there were several discussions within the company, and just when they were undecided, news came from Yandu. Tsingda and more than 10 institutions such as the Chinese Academy of Sciences established Qingwei Semiconductor Co., Ltd., and claimed that a major breakthrough has been made in the manufacture of domestic lithography machines, Qingwei Semiconductor's 250nm process technology has been fully matured, and is building a factory for mass production, and will begin to undertake the foundry business of major manufacturers next year, and 180nm process equipment has also made a breakthrough in the laboratory and is trying to do mass production. In the near future, the R&D goal of Qingwei Semiconductor is several technologies in the 130nm process.