Six Hundred and Fiftieth Chapters Big Scene
On October 8, Liu Zhicheng and the other two main technical leaders of the fab project submitted their resignations to TSMC. After receiving 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 9th, Liu Zhicheng announced in Lion City that he had officially accepted the joint entrustment of Yuexiu Holdings and Guoshi Yunyuan Group to be responsible for the preparation of the fab project in Jianye.
Kong Mingzan, the Chinese embassy in Singapore, met with Sun Shangyi, Guo Songyan, and Liu Zhicheng at the embassy. On behalf of the mainland government, he welcomed them, the leading Chinese among them, to invest and start businesses in the mainland. Novel chapters are updated the fastest
So far, the Taiwan government and TSMC have known that the original fab investment project has been transferred from Malaysia to the mainland, and it took more than a day or two to plan for it.
That night, Ambassador Kong Mingzan hosted a reception for Sun Shangyi, Guo Songyan, and Liu Zhicheng at the embassy. Senior officials from the National Investment Authority of Singapore and Singapore IC manufacturer Singapore Collectors Group attended the reception of Ambassador Kong Mingzan.
Singapore's Jidian Group will be the technology supplier of the first eight-inch wafer fab in the mainland. At the reception that night, senior officials from the Singapore National Investment Authority expressed to Sun Shangyi and Guo Songyan that they also intend to participate in this fab. Come in the investment project. "Fiction" novel chapters are updated the fastest
Sun Shangyi reported the matter to Zhang Ke on the phone in Singapore.
Considering that several fab projects in Singapore that the National Investment Authority of Singapore has participated in have been in a loss-making situation, it is unlikely that the Singapore authorities will inject too much money into their fab projects to affect his investment in this project 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 to himself: With the addition of the Singapore Investment Authority, it will be easier to overcome various obstacles that may be encountered in the future.
This investment project is only to introduce an eight-inch production line, and even if it succeeds, it will only obtain the 0.35-micron manufacturing technology of Singapore Collector Group. As early as the late 486 era, Intel used a 0.35 micron manufacturing process. In other words, the fab project invested in this time is still at least four to five years away from the world's top technical level. The introduction of 12-inch production lines and the introduction of 0.25-micron or even more advanced manufacturing processes are obstacles that need to be overcome in the future. Only by introducing these basic technologies can a group of engineers and researchers be trained. Only the wafer manufacturing in the mainland can be regarded as having a basis for real development, and this road is still extremely long.
If this road wants to go on 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 thinks about bringing Deyi in.
Texas Instruments always focuses on moving towards 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 investment from Texas Instruments.
In any case, if Kumho wants to catch up with Texas Instruments in the technology of integrated circuit manufacturing, even if it throws off its arms and runs, it will be unrealistic in less than ten or eight years.
Of course, there is no need to throw an olive branch to Texas Instruments in a hurry at this time, when there is hope that this project will be completed. Taking investment as a condition may also be able to obtain more advanced manufacturing technology from Texas Instruments.
Zhang Ke had such an idea, and discussed with Sun Shangyi on the phone: "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 fine. It also shared ours, and we really don’t need 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 Singapore authorities and share the mainland. The financing pressure of..."
Despite the double impact of the Asian financial turmoil and economic crisis, Singapore's economic strength is beyond doubt. The investment of 300 to 200 million US dollars is a trivial matter for the Singapore authorities. At this time, additional investment in the fab project will be added. It is undoubtedly a very strategic decision.
Singapore is small and sparsely populated. Insufficient human resources and high cost of human resources, narrow market and barriers with other countries and regions have led to several fabs in Singapore losing money after they were built. Even so, the Singaporean authorities have not given up on investing in fabs in its territory.
The prospect of the mainland market seems even more attractive. There is a huge market with 1.3 billion people without tariff barriers. The disc player industry developed in the past two or three years alone provides a huge market of nearly 600 million US dollars for integrated circuit manufacturing.
At that time, the outside world didn't know that Kumho had taken a large piece of cake from the integrated circuit manufacturing market only through the advanced decoding chip.
Of course, this kind of huge profit can only be enjoyed occasionally. If you want to really get a big piece of cake from the integrated circuit manufacturing market, you must have quite strong 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 Singapore authorities to join. Guo sold a 30% stake in Yunyuan Pulp to Shin Kong Paper for US$100 million, which has relieved Yunyuan Group’s financial pressure to a considerable extent. Besides, this injection of capital into the fab project does not need to crowd out 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 Electric Power Group. The draft cooperation agreement stipulates the investment ratio of each company. Yuexiu Holdings invested 300 million US dollars to hold 56% of the shares, Singapore Investment Authority contributed 100 million US dollars, holding about 19% of the shares; Guoshi Yunyuan Group invested 80 million US dollars, holding about About 15%, Liu Zhicheng and his management team invested 20 million US dollars plus the technology and management shareholding totaled
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 and a batch 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 and 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 a group of people in Donghai Province Tao Jin, Governor Li Yuanhu, Jianye Municipal Party Committee Secretary Accompanied by Luo Jun, Jianye City Mayor Xiao Mingjian, Deputy Mayor of the Standing Committee and Leader of the Digital Corridor Conception Leading Group Wang Weijun, Deputy Mayor and Director of Xinpu High-tech Zone Huang Kequn, Xinpu High-tech Zone Investment Promotion Bureau Yao Wensheng and others, they drove to Jianye International Airport welcomed Sun Shangyi, Guo Songyan, Liu Zhicheng and others.
There is no doubt that the fab project is of great significance to the new strategy of high-tech industries in Donghai Province, the new strategy of high-tech industries in 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 revolutionary significance and value, after all, it 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-the-spot inspections of the new industrial and new strategic plans of Donghai Province and Jianye City. In terms of policy, the industrial policy of Donghai Province and Jianye City will be tilted.
Presumably no one wants Zhang Ke, a tired and lazy young man, to mix 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 the airport pick-up event.
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 his prestige and influence are not as good as the president of Aida Group. However, Aida Group and Yuexiu Holdings have no direct relationship. Relevant; only from the point of view of position, as the president of Kumho, Cai Feijuan is more qualified to attend such activities, but in the Kumho system, Cai Feijuan's status is actually lower than that of Chen Xinsheng, Dong, Su Jindong, Zhou You and others .
It's really a headache for the architecture. In this way, if Zhang Ke didn't go out in person, he wouldn't be able to find a suitable candidate.
Zhang Ke simply refused to let Kumho send people to participate in the reception at the airport. Sun Shangyi, as the chairman of Yuexiu Holdings, and Jiang Wei, as the president of Yuexiu Holdings, accompanied Guo Songyan, Liu Zhicheng and others to be present, so naturally it was fine.
Presumably Tao Jin, Li Yuanhu, Luo Jun and others can also understand. Although Zhou You also transferred from Singapore to Jianye by the same plane, he left secretly with ordinary passengers through other security check channels.
At the same time as Zhou You arrived at Jianye International Airport by plane, Tan Yunsong, the chief scientist of the Basic Microelectronics Technology Laboratory, and his wife led the technical team from Singapore. The locomotive leaves.