Reborn Entrepreneurial Giant.

Chapter 273 Changjiang Storage

When the local government in Shanghai learned about the news and invited Qu Li to dinner, he had already flown to Wuhan to meet with Wuhan Xinxin CEO Yang Shining and local officials in Wuhan.

It's not that Qu Li is looking for trouble. Confucius said that in this world, only weapons and names can be used, and no fake people can be used. Names are used to convey trust, and trust is used to keep weapons.

There will definitely be deviations in understanding with modern thinking. Qu Li can hide his wealth from the public, but he cannot really give up the wealth and rights in his hands. He can step down from the position of CEO of Jumei and Honor, but he will not break away from the company's management. , will not give up the shares in his hands and let the senior management know that he did the things. This is the source of his influence.

Is long-term investment important? Of course it is. As long as there is no major change in the existing economic order, the future world will be a world of capital and technology.Qu Li leverages so many resources through long-term investment. If he really operates honestly and honestly, how can he take the lead? If he misses the years of prophetic experience, even if he does not disappear from the crowd, it will be difficult for him to become more and more popular. remain invincible in complex international situations.

When executives from Hubei Province saw Qu Li, they were inevitably shocked. The actual controller of Vision Investment was actually a 23-year-old young man like him. What a young genius.

Wuhan New Core's investment all comes from local sources. The initial investment was US$15 billion. If it wants to keep up with the world's advanced level, such as realizing the 65nm process, it will have to increase to US$25 billion. If it wants to realize the 43nm process, haha...

The most successful local government venture capital project in China is Hefei, but it cannot be said that other local governments have done nothing. Wuhan Xinxin is an example, but it was not successful.

In September 2008, Wuhan Xinxin joined hands with Spansion Semiconductor.Spansion transfers 9nm and 65nm related production processes and technologies to SMIC, and Wuhan Xinxin serves as an important production base for Spansion Semiconductor, providing OEM NAND memory products.

Unfortunately, in the context of the financial crisis, Sphere almost went bankrupt and SMIC was in trouble. The establishment of Wuhan Xinxin was due to bad luck, rather than a problem with decision-making.

After Qu Li appeared, he was like a great savior, saving everything, and even proposed a more grandiose idea.

Qimonda, the world's top DRAM memory company, has gone bankrupt. Infineon is the controlling shareholder of Qimonda. Vision Investment is the major shareholder of Infineon. So, can it affect the asset disposal of Qimonda after its bankruptcy?You don’t have to think about it, of course you can!

So Vision Investment teamed up with the Wuhan local government to jointly invest in a chip company and acquire Qimonda's R&D center in Chang'an, DRAM and GDDR memory patents and technology licensing, etc.Hubei Province State-owned Assets, Vision Holdings, and Spansion Semiconductor are shareholders of the newly established Changjiang Storage Company, and Wuhan Xinxin is its foundry.

The relationship is complicated, right? Spanzoo licensed the NAND chip patent to this new company and obtained the management rights of Wuhan's new core part. Wuhan local area has gained opportunities for the future, and the investment amount of the new company is only [-] to [-] million soft girls. Coins, long-term investment will almost never lose money...

Some people may doubt the possibility of this cooperation, but if you know that Wuxi District has provided money and effort to build a wafer factory for Hynix, you will know that Qu Li has been very kind in this cooperation with Wuhan Xinxin.

Many elites from Qimonda's German wafer factory, as well as experts from Chartered Semiconductor, were poached to Wuhan Xinxin in order to produce NAND chips that meet Honor's needs for Sphere Semiconductor.Link after link, this is the role of financial capital.

Qu Li was very satisfied with Du Jiuming, the person in charge of Vision Investment's implementation of this plan. He wrote down the name and took him aside to understand the situation. Promotions, salary increases and dividends would not be less, and no one would be treated badly by true talents.

Wuhan Xinxin became a foundry. After Yang Shining took over, SMIC withdrew from management. The first phase of the project is 90nm, the second phase of the project is 65nm, and the third phase of the project will move towards the mainstream 45nm and 28nm (the same process memory chip requirements lower), it is enough to master 28nm to meet the future needs of Honor Qiancheng Automobile.

Qimonda's most advanced mass production technology is 46mn, which has theoretically achieved 30nm.After acquiring these technologies, the equipment was shipped from Qimonda's German factory to Wuhan. The gap between New Core and SMIC was not that big.

The most important thing is that no one is arguing about Wuhan Xinxin. Yang Shining can show off his talents and persist until the national large fund is established and the clouds clear, and persist until the trade war and dark clouds gather...

Qu Li, who stayed in Wuhan, met with the governor of Hubei Province and had a frank exchange of views. Overall, he was cautiously optimistic. Memory chip manufacturing requires advanced processes and continuous investment. In this regard, he can only rely on the local court.

"Don't worry, our courage will not be worse than He Fei's!" Prefect Wuhan said.

"..." Qu Li felt it sounded familiar and suddenly asked He Fei what he was doing?

"Well, Wu Han dared to invest tens of billions in new chips without blinking an eye..." Qu Li naturally wouldn't talk nonsense.

"If you have any opinions, feel free to raise them. Our place is no worse than Hunan Province..." Governor of Hubei Province

So that's it. Only then did Qu Li understand that there seemed to be communication between the provinces, but he didn't know whether it was a personal relationship or a platform for communication. After the conference, it should be a personal relationship, right?

"What I most hope is that Wuhan will not learn from SMIC. I heard that there are already signs of internal strife there. No matter how many shareholders SMIC joins, I hope that one party will take the lead and Party B will be responsible for supervision and establish the company's compliance system..." Qu Li once again emphasized that he did not want to order more than one company. Changjiang Storage managed Xinxin, and Xinxin’s only shareholder was Wuhan State-owned Assets.If you really want to seize power, there are many means you can use.

"Of course, this is what it should be..." Governor Wuhan agreed. Many promises have been reflected in the contract, but the validity of contracts with government and state-owned enterprises in the country is questionable.

Communicate with the government and go to Xinxin Yang Shining. He does not understand the technical development route of chip technology. He only knows that it is not wrong to follow TSMC. Taking advantage of their personnel changes, he can poach a lot of talents from them.

Since the financial crisis, TSMC has started layoffs, but the methods are blunt and it has laid off many outstanding employees in the name of failing the last 5% of KPI assessments.So the founder Zhang Zhongmou came out again and replaced the previous CEO Cai Lixing.

Liang Mengsong, who supported Samsung Semiconductor in the future, will definitely not be laid off. He felt aggrieved, so Samsung found an opportunity and paid a lot of money to arrange for Liang to teach at Kimchi National University, and finally got this genius in the semiconductor chip manufacturing industry.

Qu Li has no chance. Even if he acts in advance, the chance is not very big. Taiwan and TSMC are strictly guarding against China. If Liang Mengsong goes to the country, whether it is teaching or traveling, he may be discovered soon. .

Since Liang Mengsong is not available for the time being, how to make use of this news?Du Jiuming, who is in charge of the Qimonda, Changjiang Storage, and Xinxin projects, gave his opinions and asked Wuhan Xinxin and Samsung Semiconductor to launch strategic cooperation through Flying Cable.

It turns out that Spansion Semiconductor is suing Samsung in the United States for infringing its patents...