Great Power Reclamation

Chapter 1546 Dilemma Chip Company

Smit sat in the office, frowning.After graduating from Harvard Business School, he originally wanted to flex his muscles and make a career, but who knew that the sky would not follow his wishes.

Philips, which has a big family and a big business, wants to reduce their investment in ASML.This is mainly because ASML burns too much money, and the lithography machine developed has always stayed at the traditional 193nm.

When the deep ultraviolet lithography machine advanced to the 65nm level of the chip, it encountered an unprecedented bottleneck.

The technical route chosen by Japan's lithography duo Nikon and Canon is to continue to reduce the exposure wavelength and develop a 157 nm deep ultraviolet lithography machine with a shorter wavelength.

Originally, according to Philips, ASML could also choose the path of Nikon and Canon, so that although the breakthrough will be slower, it will burn less money and be more secure.

At this time, Schmidt, who was the president of ASML, decided to take another shortcut and take a different path.But the pressure to come to Philips is too great.

In the end, Schmidt gritted his teeth, raised funds for alms, sold iron, and redeemed ASML's shares from Philips, thus turning the company into an independent company that would no longer be controlled by external forces.

It's just that in this way, the company's funds are also exhausted, and such a high-tech company is dedicated to burning money. Once there is no money, you are a sole proprietorship and useless?

Smit is struggling with this matter for a while, and his mind is full of colorful money.

Because it burns too much money, ordinary investment companies dare not get involved in their industry. Just kidding, how can billions of euros go in without even seeing a splash.

Capital seeks profit, but it also has to be visible?Throwing money into the water is a fool.

Moreover, there is still a legend about ASML, that is, Schmidt decided to adopt TSMC engineer Lin Benjian's idea of ​​using water as a medium to manufacture an immersion lithography machine.

At that time, ASML’s main competitors, Nikon and Canon, were not optimistic about the prospects of immersion lithography machines, and had been focusing on shorter-wavelength deep ultraviolet light sources.That is the so-called dry engraving.

At that time, Lin Benjian had already searched for companies that could manufacture lithography machines at that time.It's not that no one has no idea about his idea, but they don't have enough guts.

Lin Benjian's idea is to fill the gap between the lens and the exposure area of ​​the wafer with high-refractive-index water. The refractive index of water to 193 nm ultraviolet light is 1.44, so that the equivalent wavelength in water is 134 nm. Process.

You must know that the chips at that time were all stuck at 63nm, and his idea of ​​45nm was undoubtedly subversive.

But since it is subversive, it is conceivable how difficult it is to operate, how much does it cost?How many years?This is a big subject that no one dares to touch.

When Smit was at a loss, there was a knock on the door, and the secretary walked into the room with a gentle-looking oriental woman.

Before the secretary could introduce her, Cha Hongying stretched out her hand and introduced herself: "I am Cha Hongying, CEO of Angel Investment under Pan American Insurance. After learning about the situation of your company, our chairman specially asked me to find you to understand the situation. .”

Smit, who had just raised his butt and hadn't stood up, sat down again.What a surprise, why is there such a good thing?Could it be that he didn't wake up?

Seeing Smith's performance, Cha Hongying was a little surprised. Is this guy reliable?

Before coming here, Cha Hongying did a detailed investigation on ASML and Smith, and her answer was that this project cannot be voted for.

It's not that Cha Hongying has no vision. As a professional manager, her most important task is to ensure the safety of every investment in the company, followed by profits.

If the money is gone, you still invest a fart, go home and pick up the children.

Especially after the sickness insurance project in Army Reclamation City, where the capital is guaranteed and returned, her investigation has become more careful and secure.

However, when Ye Feng called him over, he directly used the tone of an order, which was unquestionable, so she could only obey unconditionally.

After finally standing up, Smit gave Cha Hongying to the sofa, and the secretary poured coffee and walked out. The two had a detailed communication on this project.

Although Ye Feng ordered her to come, as the CEO, Cha Hongying must also perform her duties. She has a detailed understanding of the risks of this investment, and then adopts a more flexible method according to the actual situation, so that the investment fails and the loss is reduced. to the minimum.

After talking about work, Smith asked if Cha Hongying was far away in the United States, if he knew his current situation.Cha Hongying smiled:

"He is an alumnus of yours. Strictly speaking, he is about to become an alumni. He has always paid attention to your company. In fact, he has paid attention not only to you, but also to famous people among Harvard alumni."

Smit sighed with emotion, and then asked how much Cha Hongying's angel investment can invest this time?How many shares do you want to occupy?
Cha Hongying raised a finger, 100 billion US dollars, accounting for 51% of the shares.

Smith's face changed suddenly, and he asked a little angrily, "Ma'am, are you here to amuse me? We are a listed company with a market value of 500 billion U.S. dollars. Now you want to control my company for 100 billion U.S. dollars." The company, isn't it a little whimsical?"

Cha Hongying's face was calm: "Mr. Smith, what's the use of you with a market value of 1000 billion U.S. dollars? At this moment, your company must be in a state of stagnation soon, right? If the capital chain is really broken, your current glory There is no way to produce engraving machines, once the news spreads, what do you think will happen?"

Smith broke out in a cold sweat. Cha Hongying was not threatening him. Once the news leaked out, the stock price would plummet, and the consequence would be that the company would go bankrupt because no one would give him another penny.

After thinking for a long time, Smit shook his head resolutely: "51% of the shares is impossible, 100 billion US dollars accounted for 25% of the shares, this is the largest I can decide. If you can't accept it, Then I can only regret to inform you that we have no way to cooperate."

Cha Hongying also shook her head resolutely: "No, this is absolutely impossible, so I have no choice but to leave with regret."

Smit politely sent Cha Hongying out of the room, then sat down on his boss chair, as if he had aged ten years.

Cha Hongying's conditions are unacceptable even if he is beaten to death. Smit has worked so hard for this company. The company can go bankrupt, but it must not be sold at a low price!

Cha Hongying returned to the hotel and reported the situation to Ye Feng in detail.Ye Feng pondered for a moment, and finally said: "You continue to find ways to talk to him, but you can't be too proactive. The conditions have to be lowered little by little to test out his bottom line."

Cha Hongying nodded and agreed, and tried to persuade Ye Feng to give up the investment, but Ye Feng firmly refused.

(End of this chapter)