Rebirth 2010: I add some points to be a boss

Chapter 355 Net profit is US$592.5 billion!You call this a little bit?

In 2016, global semiconductor revenue totaled US$3965 billion, just one step away from breaking through the US$4000 billion mark.

Compared with 2015, the annual growth rate is as high as 22.8%!

First, benefiting from the sharp rise in memory prices and stable exchange rate changes; second, the strong rise of future technology and Shanhai Microelectronics, and the continuous emergence of phenomenal electronic products, bringing new opportunities to the development of the industry.

With the rise of 5G communications, Internet of Things, cloud computing and big data technology, the demand for high-performance, high-storage, and high-energy-efficiency chips has increased rapidly.

In addition, the establishment of the "Shanhai Semiconductor Alliance" has enabled more than a dozen leading companies such as Jiangdian Technology, Jinling Hi-Tech, Huaxin International, and Huahong Integration to successfully achieve large-scale 28nm chip manufacturing after obtaining technology authorization. Large-scale mass production.

China's chip self-sufficiency rate has increased to 26%, with a total annual consumption of US$2300 billion, of which US$600 billion in orders came from local semiconductor companies.

In short, the chip supply structure in Greater China has gradually transitioned from being 100% dependent on imports to localization.

The transformation process is often accompanied by severe pain!
But this time, it is Intel, Bay Semiconductor Manufacturing Co., Ltd., Sanxing and other companies that are suffering!

Mid- to low-end chip manufacturing processes, such as between 28nm and 90nm, are handled by alliance members such as Huaxin International and Jinling Hi-Tech; precision chip manufacturing processes, such as 16nm, 14nm, 10nm, etc., are handled by Shanhai Microelectronics!

The import value of integrated circuit products dropped sharply by US$540 billion. Semiconductor companies in Europe, North America, Neon, Korea and other countries saw annual revenue plummet by 20%.

For a time, multinational giants such as Intel, Sanxing, Haotong, SK, and Botong were filled with hatred.

However, there is nothing they can do!
Neon State banned the sale of photoresist and etchants in Yazhou and wanted to suppress Shanhai Microelectronics and Sanxing. As a result, Shanhai directly launched more advanced photoresist materials. While being self-sufficient, it did not forget to steal Xinyue Chemical and Sanxing. Large orders from Ling Sumitomo.

When they tried to save Sanxing by reducing prices, they were ruthlessly rejected!

Because Shanhai Microelectronics immediately synchronized the same price with them and did not give them the slightest chance, resulting in Xinyue Chemical's market share in Yazhou shrinking significantly.

AMSL wanted to withdraw its after-sales team, but soon faced retaliation from Future Technology. It didn't even last a round before giving in immediately.

Moss artificial intelligence products, brain-computer interface carriers, photovoltaic panels, Xihe EDA software, etc. under Shanhai Group are all irreplaceable to a certain extent.

A blockade will only hurt both sides!
Even the commerce department of beautiful countries must consider the social impact. If future technology cuts off the supply chain of AI products, services, and microelectrode arrays, the super-rich people in Beverly Hills will have to tear them all into pieces.

In this world, you never know which one will come first, the accident or tomorrow?
What if you encounter a car accident or disease, resulting in amputation or paralysis, and you are in urgent need of life-saving biochips?
Therefore, although the scale of China's semiconductor industry is expanding at a speed visible to the naked eye, Ouberry's top management still has a "blind" attitude.

Even if the country’s semiconductor association protested many times, it still turned a deaf ear.

In desperation, companies such as Intel, Sanxing, and Botong had to gradually accept the reality.

The only good thing is that after Shanhai Microelectronics mastered the 10-nanometer chip technology, it accepted all overseas cooperation orders.

Fabless chip companies like Haotong and Maiweida said they don't care. They don't have a wafer factory anyway, so it doesn't matter who they find.
Shanhai Microelectronics' OEM prices are fair and the yield rate is high. Only when Shanhai's production capacity is insufficient, they will choose to hand over part of the order to Bay Semiconductor or Sanxing for production.

Moreover, they are only willing to pay for chips that meet quality requirements, and the loss of defective products will be borne by the foundry.

Faced with this humiliating contract, Sanxing flatly refused, while Bay Semiconductor agreed with tears in order to survive.

In addition, Shanhai Microelectronics has not started a price war on a global scale, which is the main reason for their silent acceptance.

Before a new technology is born, countless R&D funds and scientific research manpower are spent. No one wants to have a crazy disruptor jump out.

People who make money together are their own people. Although China's market profits have been damaged, there are still vast markets waiting to be opened up in Tianzhu, Latin Berry Continent and Gray Continent.

A sea blue Bentley Mulsanne speeded on the outer ring elevated road and headed straight for Pudong Electronic Port.

Chen Heyu clicked on WeChat, checked the message content sent by Comrade Chen, and smiled slightly.

"Son, I will drive the RV tomorrow and take your grandfather, second uncle and their family with me to Shanghai to celebrate the New Year with you."

He knew very well that his parents were worried about Wenwen bumping into each other.

My father-in-law, Luo Guoyong, also mentioned on the phone last night that he and his mother-in-law would take the high-speed train to Shanghai.

"Old Mo, remember to contact Mr. Peng from Shanhai Security for me. We will send a driver to pick you up at the train station tomorrow. The information will be sent to you on WeChat."

Chen Heyu exhorted.

"Okay, boss, I'll make arrangements right away when I get to the company."

Ding Mo nodded and agreed.

Ten minutes later, the headquarters building of Shanhai Microelectronics was looming, as the most powerful semiconductor company in the country.

Under Zhou An's coordination and overall planning, the entire Electronic Port Park is the office building of Shanhai Microelectronics.

Looking from a distance, it looks towering and tall!
"Mr. Chen, the conference room is ready and can start at any time."

He Tingbo and Wang Maosong stood in front of the gate. When they saw the boss's car, they quickly walked towards it and bowed.

"I'll just sit in and sit in. Mr. He, you'll host it."

Chen Heyu opened the door and got out of the car, and said lightly.

"Okay, boss."

He Tingbo accepted it calmly, and Chen Heyu gave her great management freedom. Without any interference, the development of Shanhai Microelectronics was getting better and better, which was enough to demonstrate her personal abilities.

"Is Lao Liang here?"

Chen Heyu asked as he walked.

"He is one of the few P6-level senior chief engineers in the R&D center, so he naturally has to attend the annual financial meeting."

He Tingbo said with a smile.

"Well, I see."

Chen Heyu nodded slightly, walked forward, and took the elevator to the large conference room on the third floor.

Through the glass door, you can see that the room is full of engineers and managers, chatting quietly.

When he walked in, the room instantly became quiet.

"Lao Liang, Ye Youcheng, Lao Wu, Xie Shengdong and Noyce, why are you hiding so far away? Come sit here with me."

Chen Heyu sat down, looked around, knocked on the table involuntarily, and said in a deep voice.

"Boss, we are technical staff. We don't have to report to work. We should make room for the heads of other departments."

Wu Maozhe had the best personal relationship with him and said with a playful smile.

"Stop blabbering, you guys sit down next to Mr. He."

Chen Heyu waved his hand, not giving anyone a chance to refuse, and asked He Tingbo to adjust her seat.

In his opinion, the core wealth of Shanhai Microelectronics is Lao Wu and Noyce. Without their efforts and contributions, where would the products of other departments be sold?

Liang Kaiji felt warm in his heart. When had he received such courtesy before?

"Lao Liang has been working hard recently. The engine materials for Dijiang 1 are thanks to you.

Professor Strong asked me to tell you last time that if you have time, go to Yancheng and see that the brain-computer interface R&D team is curious about you! "

Chen Heyu patted his shoulder and encouraged him with gentle words.

"thank you boss."

Liang Kaiji replied subconsciously, holding back a lot of words in his heart. He wanted to say something, but he didn't know how to organize the words. He was not good at words, so he could only grin and express his gratitude.

Chen Heyu smiled and then signaled He Tingbo to start.

“Colleagues, let me first introduce the overall situation of Shanhai Microelectronics. After two years of development, the company has a total of three R&D centers and two special materials laboratories.

There are a total of 2 very large wafer factories and 2 large chip manufacturing bases in Shanghai and Jinling, as well as 3 medium-sized wafer factories and 2 small chip manufacturing bases. The annual output is 4170 million wafers.

It can be said that in terms of production capacity, we are number one in the world! "

He Tingbo said with a smile, looking at everyone calmly and waiting for everyone's feedback.

"Papa~papapa~!"

Chen Heyu gently clasped his hands together to break the calm and give encouragement.

"We have a total of 134 lithography machines, including 100 NXT 1950i DUV lithography machines, 20 EUV lithography machines, and 14 old equipment models..."

He Tingbo continued.

"Take time after the year to inform the members of the Semiconductor Alliance that Shanhai will continue to liberalize the 16-nanometer process authorization and dispose of these 14 lithography machines."

When Chen Heyu heard this, he thought for a moment and interrupted.

"Okay, boss."

Wang Maosong nodded. He has always been in charge of this business.

“The output of 28-nanometer chips is 810 million pieces, and the output of 16-nanometer chips is 1260 million pieces, which are basically OEM orders for Apple mobile phones;
14纳米的芯片产量是1390万片，10纳米的芯片产量是710万片，涵盖山海M-4、骁龙825、麦伟达的高端GPU产品。

In terms of revenue, it should be the topic that everyone is most concerned about..."

He Tingbo paused and said with a smile.Everyone unanimously turned their attention to Wu Maozhe, Xie Shengdong, Noyce and others, with envious looks in their eyes.

“28纳米芯片的年度营收总额为173亿美刀，16纳米芯片的营收是349亿美刀，14纳米芯片的营收是487亿美刀，10纳米芯片的营收额是312亿美刀。

A total of US$1321 billion!

Last year, global wafer production was 1.9 million pieces, and the industry scale was US$3965 billion. In other words, we only used 22% of our production capacity to achieve a revenue level of 32%. "

He Tingbo said proudly.

Regardless of chip production capacity or revenue data, Shanhai Microelectronics has completely crushed Intel.

According to incomplete data compiled by investigative agencies, Intel Group’s annual revenue will not exceed US$500 billion at most.

Sanxing Electronics is about US$400 billion!

Haotong, SK, and Botong are all tied together, which barely counts as 400 billion US dollars!

To put it simply, one Shanhai Microelectronics can defeat ten semiconductor peers!

Chen Heyu's expression remained normal, and he didn't have much reaction when he heard the figure of "1321 billion U.S. dollars."

"What is the production value of Shanhai M series and P series?"

he asked softly.

"The cumulative sales of the self-developed chip business are US$87.6 billion, accounting for only 6.6%. In 2017, DaMi Technology will use a large number of M series and P series chips in the Tianzhu and Huizhou markets.

It is expected that it will increase to 25% by the end of this year..."

He Tingbo said seriously.

Rebus decided to fully use domestic chips for chip processors, and the ratio will only get higher and higher.

The majority of the profits were still made by foreigners, but there was no way. After all, Shanhai Microelectronics had only been started for two years. For the market to accept the chip products independently developed by China, marketing and promotion and more time were needed.

"continue."

Chen Heyu said.

“The company’s gross profit margin for the year was 61.7%, gross profit was US$815 billion, net profit margin was 39.7%, and net profit was US$524 billion.

R&D investment in 2017 is expected to be controlled at 30%, or US$157.4 billion, mainly used for 7-nanometer chip process research and development, as well as mergers and acquisitions, investment and technology holdings of front-end equipment factories. "

He Tingbo said loudly.

With a terrifying net profit of US$524 billion, BAT is no match even if they are tied together!

Shanhai Microelectronics is now not a simple semiconductor company. In addition to self-developed chips and OEM processing, its investment in heat treatment, etching, ion implantation, mechanical polishing, and photolithography equipment is not inferior to that of Ames and British. Such an industry giant.

As for packaging equipment, Chen Heyu doesn't have to worry, because Huaguo chose the packaging and testing process at the beginning of the development of the chip semiconductor industry.

Whether it is technical foundation or mechanical manufacturing, it can meet the subsequent development needs of Shanhai.

"The remaining revenue modules include chip process licensing, heat treatment patent licensing, photoresist material sales business, etc. The total revenue is 135 billion U.S. dollars, and the net profit is 68.5 billion U.S. dollars..."

He Tingbo summed it up simply.

In terms of details, detailed financial statements will be made and sent to the mailboxes of heads of departments and core engineers.

Net profit was US$592.5 billion!

Compared with last year, the income has quadrupled!

The reason for this situation is that on the one hand, Shanhai Microelectronics has snatched 60% of the foundry orders of Bay Semiconductor Manufacturing Co., Ltd., and on the other hand, it is because Shanhai Microelectronics' M series chips are independently developed, designed and produced, with extremely high net profit margins.

Moreover, Shanhai Microelectronics has "outsourced" the production of 28-nanometer chips with relatively low profit margins to other companies through technology licensing, and only produces the most cutting-edge precision fields.

"The year-end bonus pool has been increased to 200 billion Chinese dollars. After calculation, the per capita bonus is about 200 million Chinese dollars. Do you have any questions?"

Chen Heyu thought for a moment and decided on the prize pool amount for Shanhai Microelectronics.

"200 billion Chinese dollars?"

Some non-technical managers swallowed their saliva. They had no chance to get sales dividends and could only rely on year-end bonuses to make a fortune.

Even if the quarterly bonus coefficient for the whole year is worse, you can still get a year-end bonus of hundreds of thousands, which is approximately equal to most of half the year's salary income.

If you are the kind of outstanding employee who has received A's many times, the difference will be huge and you can easily earn millions of Chinese dollars.

"No problem, boss. I wish you a happy daughter in advance. I hope you will continue your efforts and have a young master."

Wu Maozhe said shamelessly.

He had just calculated in his mind that after tax deduction, he could get a commission of 42 billion Chinese dollars, and the year-end bonus was nothing more than three melons and two dates, which he didn't like at all.

"Wouldn't Lao Wu have a baby? At such a young age, he doesn't even have a nightlife, is it impossible?"

Chen Heyu teased with a smile.

Instantly, the atmosphere became relaxed and cheerful, followed by work reports from the heads of each department, and a financial summary meeting was held until 3 p.m.

"I'm going back first. The annual meeting will be more lively. If I have time, I will come to attend."

Chen Heyu got up and said.

"Okay, boss, I'll see you off."

He Tingbo said enthusiastically.

"No, let's go eat. It took so long."

Chen Heyu said with a smile.

After hearing what he said, everyone felt that they were really hungry. They had just been stunned by the year-end bonus, and they only realized it now.

When the 200 billion year-end bonus plan was announced, the company's tens of thousands of employees couldn't stand it any longer. With an average bonus of 200 million yuan per employee, they would never dare to work so hard in their dreams.

Last year it was 30 billion and this year it is 200 billion, which is almost a 7-fold increase!
The engineers at the R&D center couldn't stand the inhumane way of spreading money.

……

"Noyce, you have been working in China for a year, so you should have received your year-end bonus, right?"

Carlyle from the Intel R&D Center made a phone call from overseas and asked.

"not yet."

Noyce sat on the sofa and replied casually.

"Shit! Let me just say, Shanhai Microelectronics must be a garbage company. Otherwise, you should go back to China and I will recommend you to Inte Electronics."

Carlyle said enthusiastically.

"It's just that they haven't been paid, but it's not that they won't be paid! Carlyle, you have to know that the year-end bonus payment date in China is not at the end of the year, but during their Spring Festival.

It's a pity that if I could have joined Shanhai Microelectronics earlier, I wouldn't have only received such a small amount of dividends. "

Noyce said regretfully that he regretted it and wished he could report on Shanhai Micropower on the first day it was established.

"A little bit, how much is that?"

Carlyle asked.

He is equally talented in the field of electronic circuit design. He became an ASIC design engineer at Intel Group before he was 30 years old, with an annual salary of US$14.

"It's only 2.6 million U.S. dollars, which is less than half of what my colleagues paid."

Noyce confessed.

"$2.6? Walter! Did I hear it wrong? Or did you say it wrong?"

Carlyle was stunned for a moment.

"It's $2.6 million!"

Noyce reiterated, word for word.

"Boom!"
He heard the sound of a water glass falling from the opposite side, and couldn't help but ask: "Carlyle, my brother, are you okay?"

"You call that a little bit?"

Carlyle's endurance was pretty good and he asked in a low voice. He was in a very bad mood now.

"Yes, Yidiandian!"

Noyce said seriously that Wu Maozhe is enviable because he has a total of 6.4 million US dollars.

(End of this chapter)