My fintech empire.

Chapter 1250 [Speculations abound, expectations are high]

An announcement from Xingyu Technology boosted the stock market. Several heavyweights in the SGX market strengthened collectively. The SGX 50 Index climbed uncontrollably all the way up, turning the originally weak market into a strong one in an instant.

As of the closing at 15:4.37, Xingyu Technology formed a medium-sized positive line and rose by +6%, once again touching the edge of a record high. Even Matrix Quantum, which had fallen by nearly 3.76 percentage points, turned positive after the market and rose by +3%. Yixin Video, WeChat and other targets closed up between 5 and percentage points after the market.

With the joint efforts of these big players, the SGX 50 Index not only turned from weak to strong and rebounded today, but also broke through the historical high and stood above the 2400 point mark for the first time. The index rose +1.68% after the market to 2406.68 points. The SGX's full-day turnover was 3982 billion.

The hot topic after the market closed was that people in the stock market, technology circle, and just watching the fun were all talking about the announcement released by Xingyu Technology and discussing this epic linkage.

Many self-media bloggers simply spread the rumor that the STAR5 smartphone will be released in May. Xingyu Technology has completed a technological breakthrough in high-end chips in the consumer field, and the result is the latest generation of STAR series smartphones.

Most people think so, including many people in the technology industry and investors in the capital circle.

A few days ago, Fang Hong posted a high-profile and confident Weibo post saying that Matrix Quantum has made major breakthroughs in hardware technologies such as AI computing chips, and the gap with the international leading level has been narrowed to within one generation. In the next one to two years, it may catch up with or even surpass the world's most advanced level.

Maybe that's an understatement.

Today, when the outside world looks back at this information, they increasingly feel that it is another strong piece of evidence. Besides, as for the lithography machines that netizens are most concerned about, Xinwei Semiconductor has already achieved a phased breakthrough in the early years. While others are developing lithography machines, Xinwei Semiconductor's technical route is jokingly called developing a lithography factory.

Looking back now, combined with the huge production capacity demand brought about by Qunxing’s 7 trillion plan, it seems that only the "photolithography factory" can keep up with such strong demand. Many people even begin to firmly believe that all this is the development route planned by Qunxing Capital. All links in the upstream, midstream and downstream of the entire industrial chain, whether on the demand side or the supply side, are clearly arranged, realizing a closed loop of the entire ecological system.

Xingyu Technology's R&D expenditure has been leading the world for a long time. Last year's R&D expenditure was comparable to the entire British country's annual scientific research expenditure in the same year. It would be strange if there were no results with such a large R&D expenditure.

Moreover, the fact that so many star-level technology companies are collaborating in this summer's new product launch is also a point that has attracted much attention. Because there has never been such a scene before, the lineup of collaborating companies is extremely luxurious.

The die-hard fans of Xingyu Technology are all looking forward to the summer conference in May. Many users who are still using STAR3 or STAR4 phones said that they have long wanted to change to new phones. Some are even still using STAR2 phones. This is definitely true love.

Although the previous generations of products were excellent, they could not withstand the speed of progress of chip performance and technology doubling every year under Moore's Law. Even if the engineers of Xingyu Technology optimized the software to the extreme, it was difficult to make up for the gap caused by the generation difference in hardware.

But then again, as the saying goes, a lean camel is still bigger than a horse. Xingyu Technology's STAR2 smartphone is indeed not keeping up with the times, but the STAR4 is still capable. Compared with the new flagship phones of other domestic peers, its overall performance is not even inferior.

You have to know that this is a mobile phone from three years ago. On the one hand, we can only say that Xingyu Technology was far ahead of its peers in terms of technical strength before it was "sealed", and on the other hand, its so-called domestic peers and competitors were also very poor. Xingyu Technology has been almost standing still for three years and has not been able to catch up. It has not taken up the market share that was given up, but instead it was taken by foreign companies like Apple.

Consumers have also discovered that in the three years since Xingyu Technology released new products, technological progress and innovation in the smartphone industry have slowed down significantly.

There have been no major technological breakthroughs. You have to know that before Xingyu Technology was "sealed" three years ago, the industry was overwhelmed by technological innovations, such as under-screen fingerprints, full-screen displays, etc. Every generation of Xingyu Technology's flagship products is amazing, leading the trend of fashion technology.

At present, peer manufacturers seem to be relying on Xingyu Technology’s old innovative technology and can only make optimizations and minor improvements on their existing innovative element systems. There are no amazing new products that will make consumers’ eyes light up and subconsciously say “Wow” at first sight.

As time went by, when the U.S. stock market opened that evening, Apple's stock price plummeted, falling -6.89% on the day, and its market value fell below the $7000 billion mark.

The reason for the decline was the impact of the news released by Star Technology on the other side of the Pacific Ocean during the day. Now the outside world is rumored that Star Technology will stage a "return of the king" with STAR5 at its summer new product launch conference, which is not good news for Apple.

Nowadays, whether those in the industry support Xingyu Technology or those who are unhappy with Xingyu Technology, they all believe that Xingyu Technology is the most threatening competitor to Apple, and Apple itself has always believed this.

Three years have proven that in the smartphone circle, only the STAR series of phones under Xingyu Technology can compete head-on with Apple's iPhone series of phones. Almost no other brands in the same industry can compete, otherwise the market that Xingyu Technology has given up in the past three years would not have been eaten up by the iPhone.

And peers have not forgotten that three years ago, when Apple's iPhone series of mobile phones officially entered the Greater China market and competed head-on with Xingyu Technology's STAR series of mobile phones, the iPhone series of mobile phones were beaten hard. At that time, Xingyu Technology was at its peak.

When they realized that they couldn't compete head-on, they resorted to dirty tricks like "throwing lime" and "kicking the crotch". They used means outside the market to cut off the supply of high-end chips to Xingyu Technology, making the S680 chip, which was designed and developed by the Xingyu Technology team in cooperation with Qualcomm, a swan song.

It is now widely rumored that Staryu Technology's summer chip conference STAR5 is coming. This will definitely be a breakthrough of the three-year "seal", and a successful technological breakthrough in the high-end chip segment.

Investors in North America are worried that Apple will not be able to compete. Faced with the strong return of Starlight Technology with the STAR5 mobile phone, they are afraid that Apple's market share in Greater China will be taken back by this competitor, and Apple's performance next year will not be very good.

With such expectations formed, it is normal for its stock price to go down.

Moreover, in today's U.S. stock market, it is not just Apple, a technology company, whose stock prices are falling. The stock prices of many semiconductor manufacturers are also affected, and have fallen to varying degrees.

Because if Xingyu Technology really announces a strong comeback with the STAR5 mobile phone this summer, it means that it has successfully broken through the road to independence of the entire domestic semiconductor industry chain. It is also equivalent to declaring that the series of previous suppression and containment against it have ended in bankruptcy.

This means that the most important industrial crown of the West that the public intellectuals boast about is about to disappear. After all, they brag about the industrial crown when they don’t have it, and pretend to be dead and stop mentioning it when it is broken through.

If we really want to talk about a greater impact, the technological breakthrough of the entire domestic semiconductor industry chain, the influence and significance of this event is obviously greater than that brought by the release of the STAR5 mobile phone by Xingyu Technology.

……

(End of this chapter)