Reinventing the Millennium.

Chapter 969 Fighting (4k)

As CTO, Ji Minghua is the absolute top of SMIC.

Such high-level dissatisfaction caused the current chairman, Jiang Shangzhou, to find someone to communicate face-to-face non-stop.

However, the results did not change.

Jiang Shangzhou is indeed the chairman of the board, but he took over SMIC to act as a glue. Many things cannot be resolved with one word, and more communication is required.

On the way to find Ji Minghua, he called CEO Wang Ningguo. Instead of hearing the ideal content, he felt a trace of Wang Ningguo's general dissatisfaction.

Did Ji Minghua really want to leave, or did Boss Fang hook up in advance?
Jiang Shangzhou believed it was the former, but Wang Ningguo couldn't completely ignore the possibility of the latter.

Moreover, Ji Minghua's position adjustment also involves Chartered Semiconductor CTO Yang Shining's team, which is both experienced and capable, and it is impossible to recruit people without offering high positions.

It was only when Jiang Shangzhou met Ji Minghua that he realized that it was really difficult for him to retain the chief technology officer.

When he heard Ji Minghua, who has always been gentle, firmly stated that he wanted to leave, he couldn't help thinking that it would be nice if Mr. Zhang was still around.

"Bingxin, Bingxin, is also a good place." Jiang Shangzhou didn't mention Zhang Rujing's name, but only sighed.

"I'll go there tonight to see what's going on, and I've been listening to the progress of the ice core, but I haven't really been to the field." Ji Minghua said about the arrangement.

Jiang Shangzhou said helplessly: "Dr. Ji, are you going tonight? This is too urgent."

"I'm just going to have a look first." Ji Minghua said truthfully, "Ms. Hu called me just now, and he also wants to chat with me."

Jiang Shangzhou was silent for a while before he said: "Boss Fang is right. Going to the ice core is better than going to other places. Besides, Qiu Ciyun has already passed."

The senior Qiu Ciyun back then was even taller.

The talent exchange activities between SMIC and Bingxin have a long history.

He shook hands with Ji Minghua: "Dr. Ji, send my greetings to Professor Hu and Mr. Fang."

Ji Minghua and Chairman Jiang shook hands heavily.

Then, in the evening when he returned home, he took his wife to pack their luggage and drove straight to Luzhou.

Although the drive from Shencheng to Luzhou took less than five hours, it was already twelve o'clock at night when Ji Minghua arrived at Yuhu Road where Bing Xin was located.

What surprised him the most was that Boss Fang was waiting at the door.

And, Ji Minghua also recognized the person chatting with Mr. Fang next to him—the CEO Luo Jianhua who bankrupted Qimonda.

The circle of semiconductors is said to be very big, and it is said to be small.

SMIC used to be an OEM for Qimonda, and Ji Minghua and Luo Jianhua met twice.

Fang Zhuo shook hands with the former CTO of SMIC with a smile on his face, and after a little greeting, he said: "It's too late, Professor Hu was going to wait for Dr. Ji to come together, but I drove him away. You still have to pay attention to your health when you are old. It just so happens that Mr. Luo has just arrived in Luzhou, and we will have many opportunities to meet each other in the future, so we will meet again tonight."

Ji Minghua could hear the smell completely now, he said in surprise: "Mr. Luo also..."

Luo Minghua laughed loudly, and admitted: "Bingxin has a very good prospect, Mr. Fang doesn't dislike me as a defeated general, so I can't help but do my best again."

Ji Minghua thought about it, Qimonda was shut down, which is not auspicious.

He has now realized one thing, Bingxin is likely to enter DRAM.

If it is such a strategic decision, Luo Jianhua, who was in charge of the international manufacturer Qimonda, is indeed a good candidate.

But now at this node, the industry is still at a low ebb, Samsung has killed a lot, and Japan’s Elpida is on the verge of collapse. The investment can indeed be relatively low-cost. Coupled with the period of financing, market demand will gradually recover...

Ji Minghua himself is an expert in DRAM. Seeing Mr. Fang and Mr. Luo showing up late at night, he can roughly guess the direction that he might be responsible for joining the ice core.

"The current situation of Qimonda is really bad luck. I always have confidence in Luo, and I feel very sorry for SMIC cutting off the DRAM business." Fang Zhuo said seriously, "Professor Hu is very impressed with Dr. Ji's storage Talent is highly appreciated, and if Mr. Luo and Dr. Ji are in charge of Ice Core's Lin'an No. [-] factory, I am determined to invest in it."

In a few words, the conversation turned to work.

Ji Minghua was quite moved, but he still wanted to chat with his teacher, Professor Hu.

He had just arrived in Luzhou, and he didn't know the internal situation of the ice core, and the Lin'an factory was not the core, so he wanted to hear Professor Hu's opinion before discussing it.

Ji Minghua briefly chatted about his views on global DRAM.

Fang Zhuo listened for a while, and probably could guess some of Dr. Ji's mentality. He raised his wrist and looked at his watch, and said with a smile: "Dr. Let's talk again tomorrow."

Ji Minghua had been driving all the time, and he was really tired, so he didn't give in.

He and Mr. Fang exchanged pleasantries for the last time, and followed the Bingxin personnel director who was in charge of the docking to implement the check-in problem.

Bingxin Luzhou Factory is located on Yuhu Road, not far from the employee community that Yongke Real Estate is responsible for building.

It was only after talking along the way that Ji Minghua learned that people like himself who came over from a job-hopping nature had houses to choose from according to the number of family members. It was similar to stock options, and as long as they worked for a few years, they could get them for free.

"The houses here are cheap, but it's not a big deal. The most important thing is logistical support." Xu Xingsheng, director of human resources of Bingxin, did not raise the value of the house. "Dr. Middle and high school for children, the quality of teaching is very good.”

This was planned and constructed by Ice Core as soon as it landed in Luzhou. In five years, a very complete logistics system has been established to solve the worries of employees in various places.

Just as Xu Xingsheng was about to continue, he suddenly clapped his hands: "Dr. Ji must know this, and we also learned it from SMIC."

Ji Minghua smiled slightly, his eyes were indeed familiar.

The employees needed by semiconductor companies are often from all over the country and even all over the world. Only when the logistics are in place can the work go smoothly.

Bingxin has learned this point well.

Soon, Ji Minghua discovered that it was not only in place, but very in place.

The house is checked in with bags, and the neighbors and the upper and lower floors are old friends of SMIC. The next day, there will be a study of the internal information of the ice core.

We haven't started talking about remuneration yet. Although SMIC didn't lay off employees during the financial crisis this year, it also cut salaries. When it came to Bingxin, it started with an increase of 30% plus some benefits.

And, most importantly...

Ji Minghua heard from an old friend the news of a confirmed increase in R&D investment. Some departments and projects have already been implemented, and some still need internal review.

On the afternoon of February 2, Ji Minghua arrived at Bingxin's meeting room, and was surprised to find that there were quite a few people attending the meeting. After getting to know him a little, he realized that many of them were from well-known companies such as Taiji and Qimonda.

In general, I may still be the highest-ranking CTO in the past, but there are also high-level project leaders in Taiji.

Before the meeting started, he heard a gossip about the reporter.

After Zhang Zhongmo came back, he announced that Taiji's previous 5% layoffs were invalid, and all resigned people can go back to work.

In addition, he invited Jiang Shangyi, who has also retired, back, and announced that he will spend 10 billion US dollars in research and development expenses this year to continue to consolidate Taiji's technological leadership in the field of foundry.

Dismiss the CEO, abolish the bad government, name Bingxin, appease the employees, invest heavily in research and development, and restore confidence.

This is what Zhang Zhongmo did in a short period of time.

10 billion dollars!
What does this R&D figure equate to?
Ji Minghua doesn't know the real revenue of Bingxin, but he can see from IDC's ranking report that Bingxin is already the fifth largest foundry in the world, and its annual revenue in 2008 was 13.08 billion US dollars.

This means that the research and development funds thrown out by Taiji are 76% of your company's annual revenue.

The gap is too big.

Ji Minghua is almost sure that with such a large amount of money and Jiang Shangyi's return, Tai Ji will quickly solve the legendary 40nm yield ramp problem.

Ice Core will also increase research and development this year, how much can it produce?

Could it be $3 million?
This has already accounted for 20% of Bingxin's revenue, which is quite exaggerated and overestimated.

Ji Minghua gave Mr. Fang full respect for his status as the richest man in the Mainland in his heart.

He is SMIC's CTO, and he clearly knows that SMIC's research and development expenses in 08 were US$1.02 million.

This gap is so big, and what the several times gap in R&D investment brings is very practical process capability and technical reserves.

Ji Minghua digested the news from the former staff of Taiji, and waited until he saw Liang Mengsong, the co-CEO of Bingxin, enter the meeting room before he calmed down, and listened to the slightly perfunctory welcome from this technical madman.

Tai Ji, Zhan Zhan, Qimonda...

The conference room gathered talents who had to be let go by major companies affected by the financial crisis. Most of them were let go by enterprises, and a small part of them were voluntarily let go.

Ji Minghua paid attention to the people who came over from Taiji, and found that their expressions seemed to be more complicated and subtle when they listened to Liang Mengsong's words.

After Liang Mengsong's welcome statement ended, he immediately began to talk about the technical prospects of ice cores.

Among them, the FinFET process is emphatically mentioned.

Everyone here knows that this is the invention of Professor Hu Zhengming, and also knows that Liang Mengsong has deep attainments in this area.

Liang Mengsong talked a lot, basically looking forward to the technical prospects and goals of Ice Core in the next five years.

Ice Core has gone through five years, and initially has the ability to gain a foothold in the international wafer foundry field. It is still five years old, and a very important goal is the application of FinFET.

As early as Fang Zhuo invited Hu Zhengming to join Bingxin, he mentioned the theory to practice of FinFET, and now it has finally reached the point where we can talk about it in detail.

It is precisely because Liang Mengsong has confidence in FinFET that he is confident in catching up with the world's first-class level.

The people in the conference room listened to the co-CEO's impassioned speech. Regardless of whether they liked this character or not, they all recognized his technical strength.

Yesterday in Shencheng, today in Luzhou, Ji Minghua has a sense of sight from one battlefield to another, which is more intense.

The meeting lasted for two hours, and Liang Mengsong's eloquence sounded very boring to outsiders, but it was different in front of a group of experts, it was only half boring.

At four o'clock in the afternoon, Liang Mengsong got up and announced the end of his duties as CEO.

Before leaving, he simply greeted Ji Minghua.

The two were brothers under Professor Hu's school at UC Berkeley, but they didn't have that deep friendship. Liang Mengsong was not a long-sleeved character, so he hurriedly left the conference room after a few sentences.

Ji Minghua thought about what Liang Mengsong said in the afternoon, and in a blink of an eye, he chatted with the surrendered general in the conference room about his understanding of Bingxin's strategy and direction.

After all, he was a CTO before, and he has a thorough understanding of Gao Situ.

So a little sociable, after receiving a call from the teacher, he cheered up and went to see Professor Hu to seek advice from Bingxin's CTO.

When Hu Zhengming met his students, he was not too polite, and chatted about future plans.

"The Lin'an factory is indeed going to enter DRAM as you think. Icecore is seeking Qimonda's packaging patents, and will also absorb some engineers and equipment from there. It is not without foundation."

"The Lin'an factory may be independent in the future. From this point of view, I think you can have a lot of space there."

"Your experience with DRAM is where that comes in handy."

"What Mr. Fang means, if you can work with Mr. Luo and transfer a COO from Luzhou, the high-level construction will be very good."

Hu Zhengming spoke eloquently.

The positioning of the second factory in Lin'an is to absorb Qimonda's experience and lessons, and try to make achievements in DRAM. Luo Jianhua and Ji Minghua can undertake part of the high-level skeleton through their respective division of labor.

As for the future spin-off and independence, it depends on the situation.

Ji Minghua thought about it seriously, and was not in a hurry to express his opinion.

Instead, he chatted about the news that Tai Kee had heard today about $10 billion in research and development.

"The news is true." Hu Zhengming frowned slightly, confirming the situation, "Tai Ji is going to step up efforts in research and development."

"I heard that Bingxin will also increase its investment scale this year. What will this number be?" Ji Minghua asked straightforwardly what he was curious about.

Hu Zhengming hesitated for a moment, and replied: "There is no upper limit."

Ji Minghua repeated: "Is there no upper limit?"

This sounds more like a cliché.

"There is no upper limit, which means that after the internal review, we can invest in as much R&D as we need." Hu Zhengming said seriously, "Now we have started part of the budget approval work."

Ji Minghua still has doubts: "This means, is it possible that Bingxin needs to invest 10 billion US dollars like Tai Kee, can it really spend 10 billion US dollars?"

It's not that I disrespect Bing Xin, it's not that I disrespect President Fang, it's that this tone is really loud.

Hu Zhengming nodded directly: "That's what Mr. Fang meant. According to his words, he fought with them!"

Ji Minghua: "..."

"This is actually Mr. Fang's latest statement, which was just released today." Hu Zhengming glanced at Ji Minghua's expression, and said with a smile, "When I heard this, my expression was similar to yours now, but..."

He paused, and continued: "Mr. Fang has a lot of money and friends. No matter how he wants to invest, how to find money, or how to make money, since he said this, I believe he can do it."

Ji Minghua remained silent.

Hu Zhengming made an analogy: "Ice Core doesn't talk about technology, but about money. The general trust between us is just like your trust in Mr. Zhang Rujing and Mr. Zhang."

Because of the trust in Mr. Zhang, hundreds of people landed in Shencheng from Baodao.

Also because of the total trust of the other party, if he said he would work hard, he would do his best to help him spend money.

Ji Minghua can understand this very well, and he can only correct his other party's general respect in his heart. If the respect increases, he may be able to talk about the DRAM budget with peace of mind.

(End of this chapter)