Rebirth of the Official Business Route

On October 8, Liu Zhicheng and the other two main technical leaders of the fab project submitted their resignations to TSMC. After obtaining TSMC’s approval, the three of them arrived in Singapore by plane with Sun Shangyi and Guo Songyan that night.

The next day, on October 9, Liu Zhicheng announced in the Lion City that he officially accepted the joint commission of Yuexiu Holdings and Guo's Yunyuan Group to take charge of the important task of preparing the fab project in Jianye.

Kong Mingzan, the Chinese Embassy in Singapore, received Sun Shangyi, Guo Songyan, and Liu Zhicheng at the embassy, ​​and on behalf of the mainland government welcomed them, the leaders of Chinese people, to invest and start businesses in the mainland. Fastest update of novel chapters

So far, the Taiwan authorities and TSMC have only realized that the original fab investment project has long been transferred from Malaysia to the mainland, and it took more than a day or two to plan for this.

That night, Ambassador Kong Mingzan hosted a reception for Sun Shangyi, Guo Songyan, and Liu Zhicheng at the embassy. Both the National Investment Authority of Singapore and Singapore Integrated Circuit Manufacturer Singapore Power Group both attended the reception hosted by Ambassador Kong Mingzan.

Singapore Power Group will be the process technology supplier for the eight-inch wafer fab in the Mainland. At the reception that night, senior officials from the National Investment Administration of Singapore expressed to Sun Shangyi and Guo Songyan that they are also interested in participating in the wafer fab. Come from the investment project. "Fiction" novel chapters are updated fastest

Sun Shangyi briefed Zhang Ke on the phone in Singapore.

Considering that the several wafer fab projects that the National Investment Authority of Singapore has participated in in Singapore are still at a loss, it is unlikely that the Singaporean authorities will inject too much capital into their wafer fab projects to affect him through Yuexiu Holdings. The degree of control of the project, on the other hand, is currently only the introduction of wafer manufacturing technology from Singapore. Even if there is a crisis in this project, Zhang Ke thought: With the addition of the Investment Authority of Singapore, it will be easier to overcome the obstacles that may be encountered in the future.

The investment project this time is only the introduction of an eight-inch production line. Even if it is successful, it is only to obtain the 0.35 micron manufacturing process technology of Singapore Power Group. As early as the late 486 era, Intel used a 0.35 micron manufacturing process. In other words, this investment fab project is at least four to five years away from the world's top technology level. The introduction of a 12-inch production line and the introduction of 0.25 micron or even more advanced manufacturing processes are all obstacles that need to be overcome in the future. Only by introducing these basic technology and training a group of engineering and research personnel. Wafer manufacturing in the mainland can be regarded as a basis for embarking on the road of real development, and this road is still extremely long.

This path wants to go down smoothly with the strength of the Kumho family. The difficulties in it are really beyond the imagination of ordinary people. If it is possible, Zhang Ke even thought of bringing in Deyi.

Texas Instruments always focuses on moving to higher-end technical fields, and gradually withdraws from the low-end market, relying on the good technical cooperation between Kumho and Texas Instruments at this time. It is very possible to introduce Texas Instruments' investment.

In any case, Kumho wants to catch up with Texas Instruments in the technology of integrated circuit manufacturing.

Of course, there is no need to rush to throw an olive branch to Texas Instruments at this time, waiting for the project to be completed. Taking capital investment as a condition, it may be possible to obtain more advanced manufacturing processes from Texas Instruments.

With this idea, Zhang Ke discussed with Sun Shangyi on the phone and said: "The Singaporean authorities always want to play more in the Chinese circle. Prime Minister Goh Chok Tong probably wants to establish a new leader of the Chinese. That's good. We also share our burdens. We really don’t have to refuse. Of course, since they suddenly want to participate, they can make more contributions. It seems that the funds needed by the Guo family can be solved by the Singaporean authorities and share the mainland. Financing pressure..."

Despite the dual impact of the Asian financial turmoil and the economic crisis, Singapore’s economic strength is beyond doubt. The US$300 million investment is a trivial matter for the Singaporean authorities. At this time, additional investment in the fab project is added. It is undoubtedly a very strategic decision.

Singapore is sparsely populated. The shortage of human resources and the high cost of human resources, the narrowness of its own market and the barriers to other countries and regions have caused several fabs in Singapore to lose money after they are built. Even so, the Singaporean authorities have not given up their investment in its domestic wafer fabs.

The prospects of the mainland market seem to be even more attractive. A huge market with 1.3 billion people without tariff barriers, the disc player industry developed in just two or three years has provided a huge market of nearly 600 million U.S. dollars for integrated circuit manufacturing.

At this time, the outside world does not know that Kumho has divided a large piece of cake from the integrated circuit manufacturing market with only pass-level decoding chips.

Of course, this kind of huge profits can only be enjoyed occasionally. If you want to truly divide a big piece of the pie from the integrated circuit manufacturing market, you must have considerable technical and human resources in the field of integrated circuit manufacturing and design.

As another investor in the fab project, Guo Songyan also welcomes the Singaporean authorities to join. Guo's sale of 30% equity of Yunyuan Pulp to Xinguang Paper to obtain a capital of US$100 million has eased the financial pressure of Yunyuan Group to a considerable extent. Besides, the capital injection into the fab project does not need to squeeze Yunyuan Group. Funding at this stage.

On October 12, Sun Shangyi, Guo Songyan, and Liu Zhicheng signed a cooperation agreement with the National Investment Authority of Singapore and Singapore Power Group. The draft cooperation agreement stipulates the proportion of each company’s investment. Yuexiu Holdings invested US$300 million in 56% of the shares, and the Investment Authority of Singapore invested US$100 million, holding approximately 19% of the shares; Guo’s Yunyuan Group invested US$80 million, holding approximately approximately 19% of the shares. About 15%, Liu Zhicheng and his management team contributed 20 million U.S. dollars plus technical and management holdings.

Since Guo Songyan planned the fab project years ago, Liu Zhicheng has planned to transfer his personal assets out of Taiwan. Of course, some assets, such as his personal holdings in TSMC, cannot be transferred out. He also has the consciousness of sacrificing this part of his assets. Compared with the amount of personal assets, he will yearn for personal career achievements and personal status in the entire electronics industry.

On October 13, Sun Shangyi, Guo Songyan, Liu Zhicheng, as well as a group of engineers and technicians and more than 20 family members flew directly from Singapore to Jianye International Airport.

Ge Jiande, Deputy Director of the State Planning Commission, Leader of the Leading Group of the Electronic Information Industry Exhibition of the State Council, Yi Yunfei, Deputy Minister of the Ministry of Posts and Telecommunications, and Deputy Leader of the Leading Group of the Electronic Information Industry Exhibition, and his team were in Tao Jin, Governor Li Yuanhu, Secretary of Jianye Municipal Party Committee, Jianye City Accompanied by Luo Jun, Xiao Mingjian, Mayor of Jianye City, Wang Weijun, Deputy Mayor of the Standing Committee, Leader of the Leading Group of Digital Corridor, Deputy Mayor, Huang Kequn, Director of Xinpu High-tech Zone, and Yao Wensheng, Investment Promotion Bureau of Xinpu High-tech Zone, drove there Jianye International Airport greeted Sun Shangyi, Guo Songyan, Liu Zhicheng and others.

There is no doubt that the fab project is of great significance to the new high-tech industry strategy of Donghai Province, the new high-tech industry strategy of Jianye City, and the entire domestic high-tech industry. Compared with Motorola’s plan to build a factory in Tianjin, Jianye’s fab investment plan is more important. It has sexual significance and value, after all, this serves the entire regional electronics industry.

Ge Jiande, deputy director of the State Planning Commission, arrived in Jianye, not only for Sun Shangyi, Guo Songyan, and Liu Zhicheng, but also on behalf of the State Planning Commission to conduct on-site inspections of the city’s new industrial and new strategic plans in Donghai Province and Jianye City. Once passed, the state will In terms of policies, Donghai Province and Jianye City will be given preferential policies in terms of industrial policies.

Presumably no one wants Zhang Ke, a tired and lazy young man to be among the well-dressed middle-aged and elderly people. Kumho’s relationship is quite complicated, and no suitable person can be sent to accompany the provincial party secretary Tao Jin and others to attend the airport pick-up event~ www.readwn.com~ Kumho Electronic Technology Research Institute is the actual controller of Yuexiu Holdings. Dong is the chairman and president of Kumho Electronic Technology Research Institute, but its reputation and influence are not as good as the president of Aida Group. Yuexiu Holdings has no direct connection; just from the perspective of position, Cai Feijuan, the president of Kumho, is more qualified to attend such events, but within the Kumho system, Cai Feijuan’s status is actually lower than that of Chen Xinsheng, Dong, Su Jindong, Zhou You and others.

The architecture is really a headache. In this way, Zhang Ke would not find a suitable candidate if he didn't go out in person.

Zhang Ke simply refused to let Kumho send people to participate in the reception at the airport. As the chairman of Yuexiu Holdings and Jiang Wei as the president of Yuexiu Holdings, accompanied Guo Songyan, Liu Zhicheng and others, it was natural.

Presumably Tao Jin, Li Yuanhu, Luo Jun and others can also understand. Although the tour also took the same flight from Singapore to Jianye, he surreptitiously left with ordinary passengers through other security check channels.

Along with the tour and arrived at Jianye International Airport by plane, there was also Tan Yunsong, a scientist at the Microelectronics Technology Basic Laboratory, and their technical team led from Singapore. They also followed the tour quietly and took the pick-up team sent by Oak Park. The machine car left.