Start from 1980

Chapter 703

Yes, ASML is now in a crisis of lack of money again. This time, the entire semiconductor industry is in a downturn, and the entire lithography machine industry is undergoing a reshuffle.

Painting cakes really can't satisfy one's hunger.

ASML does not even have an order from a serious chip manufacturer, and even the parent company Philips refuses to buy it.

Smit even doubted whether ASML could survive the storm. He asked the chief financial officer many times, "Should we step on the brakes?"

The financial officer resolutely refused, and everyone knew that cutting the budget means cutting R&D and saying goodbye to the future.

When he came to Hong Kong with Arthur this time, he felt the same in his heart as when he returned to the Netherlands from the United States. He was afraid of hearing the news that Su Chen was going to withdraw his capital.

The hearts of the two have never been stable.

Su Chen said slowly: "I would like to talk about two things. The first thing is that the Philips Physics Laboratory, the predecessor of ASML research and development, is characterized by not caring about the cost but doing its best.

So the design principle of our lithography machine is also, try not to consider the cost and selling price, but to be the most precise and reliable, no matter what our sales volume in the market, this must be guaranteed, "precise positioning" and "only fast not broken". "

"The second thing is to establish a new company, ASM PACIFIC Technology, based on the Hong Kong office. Regardless of whether we have a market now, this will also be established."

Smith looked embarrassed: "However, we have established a new company, and there is nothing to sell."

Arthur also looked at Su Chen in a daze, unable to understand what the major shareholder was thinking.

We don't even have a decent thing in our hands, so what's the use of setting up such a company?
But he didn't dare to say this in front of Su Chen.

"Let's establish it first." Su Chen said, "Have you found Zeiss for the optical components?"

Arthur said: "We cooperated with Zeiss to improve the optical system last year, and now we are working on the second-generation product PAS-2500. If it is researched, it should be a very good product."

"However, I heard that there are many problems with the quality of Zeiss lenses. Last year alone, the revenue of GCA lithography machines dropped from 1984 million US dollars in 2.01 to 1.18 million US dollars, with a loss of 1.45 million US dollars. Now it bears 1.1 million US dollars. dollar debt."

Su Chen said seriously, "The reputation of GCA and Zeiss has been devastated by this. GCA has run out of funds, and even plans to use shares to pay for Zeiss lenses."

"There is such a thing." Smith said, "But competitors Nikon and Canon can't provide us with lenses. We can only find Zeiss to cooperate with. Fortunately, the quality of this batch is not bad."

"I heard that Germans are very stubborn." Su Chen said with a smile.

Hearing this, Arthur and Smith could not help but glance at each other.

"BOOS, indeed, the Germans are not generally stubborn. Mr. Arthur and I have suffered a lot." Smit smiled helplessly, "God knows when they will become like us."

After waiting for almost 2 minutes, Smit looked at the young oriental man in front of him.

"Boss, are you still willing to invest more?"

Hearing this sentence, Arthur called out "good brother" in his heart, and then looked at Su Chen, hoping to hear good news from Su Chen.

Arthur's life is not easy now, because he is struggling with his financial situation, but Schmidt doesn't take it seriously when the expenditure exceeds expectations, thinking that this is what ASML has to bear to become the number one in the industry.

The conflict between the payer and the spender is getting bigger and bigger. Arthur repeatedly said "I am the one who writes the check to pay the money", and Smit replied "This is my strategy, accept it or not."

Listen, is this human?

Farke, it’s not about spending your money, so you don’t feel bad about it, do you?
Now Arthur is very dissatisfied with Schmidt, and he can't wait to fire the money-burning CEO.

Su Chen turned to look at Arthur: "Dude, I heard that you are in financial crisis now?"

"Yes." Arthur didn't hide anything, "My company has lost 2500 million US dollars this year, but ASML hasn't produced any results. I don't know how long I can last."

Although it is said that the old rivers and lakes do business, the old rivers and lakes cannot afford losses.

In fact, Arthur also wants to sell Asmer now, because he really can't hold on anymore.

Therefore, he not only wanted to hear the news that Su Chen was going to pursue investment, but also wanted to sell his shares.

Now Asmail is already a hot potato, whoever likes to take over, he doesn't want to play anymore.

Of course, it's not just Arthur burning money, Su Chen has been burning money too, but he doesn't care.

Therefore, in terms of burning money, Arthur is no match for him. What's more, Su Chen just bought the land company not long ago, which is equivalent to owning a rooster that lays golden eggs.

IS.
But Su Chen didn't speak. Arthur waited for a while, feeling a little anxious, and said, "Dude, although you haven't come to the company, I have to report to you the financial situation since we jointly established the company."

He took out several documents and handed them to Su Chen.

Su Chen looked at it carefully, and was also surprised in his heart, good guy, Smit is not an ordinary money burner.

No wonder Arthur couldn't stand it either.

Arthur said: "I think Mr. Smit spends too much money, and this year, just this year, the American semiconductor company AMD, which booked half of ASML's order, tore up the contract at the last minute, causing us a record loss of more than 1400%. $[-] million."

"Guys, it seems that we have spent a lot of money." Su Chen looked embarrassed, "Maybe you don't know, I just bought a large company in Hong Kong not long ago, and I spent a total of more than 300 billion Hong Kong dollars. If it is converted into US dollars, Almost $40 billion..."

Arthur, who originally thought he was a big spender, was immediately caught off guard when he heard the news.

You are still good at spending money.

I knelt down to the uncle.

○|￣|_
Smit sat still without changing his face, as if it didn't matter how much money Asmail spent, as long as he had money to spend on the account.

Arthur was ahead of his time, but the money in his pocket wasn't enough to make him the richest man in the world.

After pondering for a while, Arthur finally spoke with difficulty: "Dude, I want to withdraw my shares because I don't have that much money to support me anymore."

"Withdraw now?"

In fact, Su Chen didn't want to take over Arthur's shares now, what he wanted was to wait until Arthur was going bankrupt after spending money.

But Arthur didn't want to hang on.

In the original time and space, he had no choice. He really couldn't find a next home. He persisted until next year before finally selling his shares to Philips.

"Yes, buddy, I don't have that much money anymore. Mr. Smit spends money every day." Arthur groaned, "If you are willing to take over, I will sell you the original price of the shares in my hand."

"Original price?" Su Chen frowned slightly, "But now that the entire semiconductor industry is shuffling, I'm actually not very optimistic about ASML's future..."

Arthur felt a chill in his heart.

But after a while, Su Chen said again: "Why don't we persist for another year?"

Arthur almost cried.

The expression on his face froze directly: "I may not last until next year, buddy, if you don't want to buy it, I plan to go to Philips."

When the contract was first signed, there was a clause that 'if one party wants to withdraw the shares, the other party has the priority'.

If it weren't for this article, Arthur would have gone to Philips first.

Su Chen pondered for a while before opening his mouth: "Since you insist on withdrawing your shares, then I'll take you for granted, but I think that if you withdraw your shares now, your previous investment will be in vain. You really don't want to think about it again." Persist for a year?"

"No, buddy, I've already thought about it, I really don't have the money to keep going." Arthur shook his head hastily.

Su Chen said helplessly: "Well, since you have made up your mind, I will accept the shares in your hand, but..."

(End of this chapter)