Reinventing the Millennium.

Chapter 790 The No. [-] Investor in China (Two in One)

On the first day of December, Fang Zhuo was in Luzhou, IDG reduced its holdings of Yike shares, Tesco firmly digested the results of Double Eleven, and Taobao announced in high spirits that it had reached its full-year goal ahead of schedule.

According to the usual practice, Shenxin Kechuang held a meeting to sort out work in the new month.

The general manager Wang Fengyi appraised the performance of various departments last month in high spirits, and also confirmed that the annual work report will start in the middle of this month.

However, just as the meeting was about to end, a deputy general manager made the meeting room strangely quiet with a single sentence.

"IDG is reducing its holdings of Yike's stock. This matter seems a bit subtle."

I don’t know if IDG is subtle or not. Everyone knows that Mr. Wang and Mr. Fang have a very good relationship. It is subtle to mention such things at this time.

Wang Fengyi didn't drink alcohol last night, so he smiled slightly and said, "I've been thinking about this for the past two days, but I still don't have a clue. Since Mr. Xu mentioned it, let's discuss our attitude towards Yike together."

How to deal with Yike's stock, of course, is to follow the organizational process for decision-making. Is Shenxin Kechuang just talking about it?

Is it possible that I, Wang Fengyi, have to decide with one word because of my achievements in investing in Penguin, investing in Yike, investing in Tesco, and investing in Bingxin?
Of course not, the organized way of doing things.

In case something goes wrong, it is not entirely the responsibility of the individual.

However, even though Wang Fengyi had spoken, there was still no one else in the conference room to discuss—the relationship between Mr. Wang and Mr. Fang is there. Who knows if Mr. Wang and Mr. Xu are suddenly going to fight?

Seeing this, Wang Fengyi took a sip of lemonade, and continued: "The reduction of IDG's shareholding is mainly due to the fact that Apple is going to release its recently promoted mobile phone. What a surprise, but the Android system that Yike is going to develop is quiet, and it is good news that it has attracted domestic operators when Lehman is shorting, and you say, can this Android system be successful?"

There was some hesitation and distress in the general manager's voice.

Since Apple had a name turmoil, it has gradually begun to release information to the outside world, but the timing of the new phone launch is still surprising, which is faster than expected.

Seeing that the general manager seemed to really want to discuss this matter on stage, several of them considered how to speak.

"It's generally not that difficult for domestic operators' platform counterparts. This is actually not enough to prove the cooperation of the Android system, but the smartphone system announced by Apple seems to be really made."

“I’m not sure how well this so-called smartphone system will work until the press conference, but after all, Apple has its own computer system. On the other hand, Android seems to be a motley crew. Yike’s scientific research capabilities, Google’s investment, and the interest of cooperative manufacturers , this has to be a question mark."

A director talked about his views.

Wang Fengyi nodded slightly. The development of a smart phone system is not an easy task. It is inevitable to have doubts about Yike, which is bad news.

Seeing that the discussion atmosphere was more suitable, another director also opened his mouth: "Speaking of which, I have always had a question. Mr. Fang seems to regard Yike's important opponent in the mobile phone field as Apple. What about Nokia? Samsung? Is this true?" A misplaced judgment?"

"If you really want to enter the mobile phone market, Apple is more threatening because of iTunes, which has music copyrights, but it also needs to sell the goods. According to the current situation, there is no need to be so pessimistic about Yike's stock price, and the other party must always have confidence. "

Someone retorted: "If the other party is always confident that he can make a good mobile phone, why not trust his judgment on the competitor Apple? Believe in his judgment, then Apple's mobile phone is in front of him, his 'good mobile phone' There has been no strong progress yet.”

He continued: "If you don't believe that Fang can always make a good mobile phone, then the stocks we hold in Shenxin Kechuang... The uncertainty of the future is increasing, and even IDG has sold."

Wang Fengyi thoughtfully asked a question: "Is Yike's stock relatively high?"

There is not much difference in the answer to this question. Most executives feel that Yike's stock is at a relatively high position.

The stock price is relatively high, and the uncertainty of the future is increasing rapidly. If Yike can perform in the future and even specifically link the domestic mobile phone market, it will reduce its holdings now and increase its holdings in the future.

Wang Fengyi was moved, and said with a smile: "It's a big deal, let's sell the stocks and invest in e-buy again. I believe Mr. Fang can understand. Mr. Fang is not saying that he wants to be the Amazon of the East. After all, e-buy may not be the number two of Yike."

At this time, Deputy General Manager Xu, who first brought up the topic, expressed his opinion: "I think that some things should be viewed in two parts. I believe that Mr. Fang can make a good mobile phone, but I don't believe that Mr. Fang is in Apple. On the contrary, mainstream products such as Nokia and Samsung have not shown any impact on the Echo music player."

Many people in the meeting room said "Hey" in their hearts, didn't you take the lead in talking about this?

Deputy General Manager Xu continued: "However, some things should be viewed together. Under the current background of Lehman shorting Yike, reducing holdings is an attitude. Is Yike only a matter of Yike? "

"Regardless of Bingxin or Tesco, one has grabbed the leading position in the domestic B2C track, and the other is highly valued by the higher-ups. Mr. Fang's influence in various aspects cannot be ignored, and we also understand Mr. Fang's temper to some extent."

"Our Shenxin Science and Technology Innovation is not an organization like IDG. Should we consider issues from a more comprehensive perspective when we do things?"

"what do y'all think?"

The deputy general manager first divided into two and then merged into one. This tone was established after full discussion.

Most importantly, his manner is more subtle than his words.

Wang Fengyi nodded slowly, looking quite convinced, what kind of organization is IDG?What kind of organization is Shenxin Kechuang?
When we do things, we must consider the impact, the image of Shanghai, and the health of the industry.

Could it be that if Xiong Xiaoge made a move, I was going to make a move?

Am I, Wang Fengyi, taller than that Xiong Xiaoge?

Can I, Wang Fengyi, do the thing of selling Penguin shares?

There were still full discussions in the conference room, but everyone naturally displayed various advantages that outweighed the disadvantages.

In the end, Wang Fengyi went through organizational procedures, studied repeatedly, fully discussed, respected everyone's opinions, and made a decision: "Okay, then we Shenxin Kechuang will be the partners and supporters of the enterprise, and we must establish beneficial and long-term relationships. Refers to Yike, which is also our attitude towards the enterprise."

There was warm applause in the conference room, and the general manager's instructions were convincing.

Wang Fengyi nodded in satisfaction.

If Xiong Xiaoge voted, I voted, if Xiong Xiaoge didn't dare to vote, I dared to vote, if Xiong Xiaoge retreated bravely, I rose to the challenge!

The president of IDG felt ashamed when he saw me, and the richest man in the mainland called out to me when he saw me.

Who is the number one investor in China?

Wang Fengyi patted the table, leaned back, pushed the office chair away from the conference table, and said in a deep voice, "Okay, the meeting is adjourned!"

……

Returning to Luzhou from the capital, Fang Zhuo didn't make much fanfare.

The purpose of this trip is not suitable for high profile.

But on the first night of his arrival in Luzhou, he still had a light meal with the familiar Secretary-General Luo Minghua.

The two didn't drink, they exchanged practical needs, and talked about the development of the company.

Luo Minghua, as the administrative contact person of Ice Core in Luzhou, has always been very concerned about and familiar with the news of this precious company. This time I met Mr. Fang, and he actually has a situation that he really wants to know. Why is the research and development of Ice Core 90nm silent? ?

However, in view of Mr. Fang's sometimes unpredictable temperament, he is very cautious in his words.

"Well..." Fang Zhuo pondered.

Luo Minghua stated: "Mr. Fang, you know us. I heard that Ice Core has completed the risky mass production of 90nm. Although there has been no movement for a while, we don't understand technology, so we didn't ask more questions for fear of causing confusion."

"It just so happened that you returned to Luzhou this time, and I was thinking, if you really encounter some difficulties, whether it is Bing Xin or Mr. Fang, you have something difficult to talk about. If that is the case, then we will come."

"USTC's network and administrative relationship can more or less play a role."

Luo Minghua is deeply affectionate.

On the one hand, it is indeed what he said. On the other hand, there is no news about the 90nm ice core. Instead, the second factory in Lin'an and the third factory in Shencheng have established projects. Although the technical routes and product fields are different, there are also small manufacturers in Luzhou Confuse……

Could it be that Mr. Fang's semiconductor strategy has changed its focus?
However, adhering to the attitude of "I treat you as a national scholar", this kind of doubt has not been expressed. After all, there are not many things that Luzhou can take.

"Actually, there is no difficulty. Ice Core's production capacity orders have been gradually increasing since the beginning of the year. This is due to the increase in our yield rate and the further expansion of the LCD TV market. Professor Hu Zhengming and Hu have contributed a lot." Fang Zhuo Still did not specifically mention the generation-hopping research and development of Ice Core, and said vaguely, "The process technology of Ice Core is actually making more attempts."

He picked a point that is easy to understand: "We are negotiating with Qualcomm. Once there is progress, the ice core will continue to improve a lot."

Luo Minghua immediately chose to believe, and said with a smile: "That would be great!"

He never mentioned the development cycle of the manufacturing process. Luzhou's semiconductor strategy is centered on the development of ice cores, and he is really concerned about the situation of ice cores.

Enterprises like Bingxin are indeed sensitive sometimes. In the middle of the year, a foreign audit team will come to Luzhou to confirm the status of the purchased equipment.

Luo Minghua should be thick rather than thin, Chunchun hopes that the ice core will get better and better.

On the second day after returning to Luzhou, Fang Zhuo inspected Bingxin. He did not put on airs of the chairman, but just understood the current situation with Qiu Ciyun and other three people.

Ever since Liang Mengsong turned from the dark to the bright, Bingxin has successively accepted engineers from Taiji. From the end of August to November, nearly [-] engineers have successfully joined the company. Liang Mengsong himself has been living in San Francisco since he officially left Taiji.

Like his mentor Hu Zhengming, he joined the University of California, Berkeley, registered an IC design company, and temporarily raised a group of nearly 30 engineers in the United States.

From Taiji’s point of view, these engineers are more like the losers of the factional struggle after the new president took office. It’s a pity, but I’m not afraid that no one will fill the positions if they leave.

According to Liang Mengsong's plan, people from his IC design company can fly to Shanghai after a while, and they will be the technical backbone of Shencheng No. [-] Factory, because the cooperation with Sony's sensor production line is very suitable for the work experience of Taiji's group of people.

With the running-in of the engineers from the Liang family, Bingxin is also selecting core engineers to receive training from Liang Mengsong, who has a legitimate reason to return to China early next year.

In addition, Qiu Ciyun, Hu Zhengming and others communicated with Liang Mengsong on the 65nm process almost day and night.

A talent who has almost sat in the highest technical position of Tai Ji, the guidance and experience he can bring, or the leak of secrets, is still beyond Fang Zhuo's expectations.

The prospect that Fang Zhuo heard from Qiu Ciyun was extremely gratifying, and Bingxin has made great progress in research and development of jumping generations.

"If it goes well, we will be able to do 65nm risk trial production in the second quarter of next year. By the end of next year at the latest, I believe that with everyone's efforts and Dr. Liang's experience, we can complete competitive mass production."

Qiu Ciyun's statement is very confident. Competitive mass production is not just qualified, but a high yield rate.

In the past, Mr. Fang tried every means to poach corners, but now he really communicates with Liang Mengsong to know the true fragrance. Although Dr. Liang is famous for his desk notes, his reputation seems to cover up some of his dazzling talent.

Fang Zhuo made a simple calculation: "Taiji has started large-scale delivery of 65nm products this year, and will definitely complete the trial production of 40nm next year. I heard from Dr. Liang that 28nm will be a threshold and a good opportunity for us to further narrow the gap. .”

"Next year we can complete 65nm and then talk about other things. Taiji and Intel are at least one and a half generations ahead of us when we move forward smoothly. This is just the process technology. Taiji is doing advanced packaging this year, which seems to be the future. direction.” Qiu Ciyun shook his head slightly, “There is an all-round gap in front of us, and 28nm is expected to narrow the gap. I don’t know if 16nm FinFET can become our advantage again.”

28nm is because this node is relatively difficult, and it is easy to slow down the pace of the leader. FinFET is because of the academic research of Hu Zhengming and Liang Mengsong.

Fang Zhuo listened to Mr. Qiu's analysis and nodded silently. It is already very good. Next year is a critical year. The actual progress of 65nm will determine the chain reaction of many things. The chip cost alone has the most obvious relationship.

He spent another half a day listening to the layout of the second and third factories. The machines in Lin'an had already entered the factory, and they were also vigorously recruiting people. The cooperation with Qimonda was a first glimpse.

It's just that there is no need to worry about this. The price of storage products has been falling recently, and the more you do, the more you will pay.

According to the all-round impact of the financial crisis, I am afraid that this field will not get better or even become miserable in the next one or two years. This is the advantage of latecomers like Bingxin.

"Mr. Qiu, you don't have to accompany me at the manufacturer's meeting tomorrow, just keep busy with business. I'll just go around and check everyone's situation in general."

Fang Zhuo came back this time just in time for the domestic manufacturers association of the Ice Core Wafer Manufacturing Service Alliance, so he wanted to put aside the paper report to see the real situation.

Since 2005, Bingxin has led the establishment of a wafer manufacturing service alliance, aiming to help domestic suppliers improve their technology and drive development with demand.

The second semiconductor equipment evaluation meeting has been held this year, but this is a temporary increase in December. The reason is that the storage of Lin’an No. 12 Factory and the sensors of Shencheng No. [-] Factory do not pursue the most advanced manufacturing process, but instead increase the supply to domestic equipment manufacturers. Proportional opportunities.

Therefore, there are a large number of domestic manufacturers participating in this conference, and their attitudes are also very enthusiastic.

(End of this chapter)