Three days later, in the hotel conference room where Li Feng stayed, a negotiation was going on nervously.
"We all know that semiconductor design is one of the most difficult technical jobs, and semiconductor manufacturing is also one of the most money burning businesses. It is a technology and capital intensive industry.
Earlier, because there was no OEM mode, the semiconductor industry was monopolized by several companies. It can be said that the OEM mode on the bay side opened the fine differentiation of semiconductors and lowered the entry threshold of the semiconductor industry.
This is also the reason why we are optimistic about wafer foundry. We all believe that with the development of science and technology, there is no doubt that semiconductors, as the support of modern science and technology, especially chips, are the brain. More and more IC Design participants will bring enough orders to wafer foundry, and the future will be bright.
However, if you want to design and plant in one pot, to be honest, at least for now, there is still a lot of gap between the design strength here and the top enterprises in Europe and America.
Therefore, Mr. Cao, even if liandian is in the lowest and most difficult period, we are willing to cooperate with Mr. Cao, but we hope liandian can focus on wafer foundry and manufacturing.
As for the design department, I hope President Cao can reorganize the company and separate the design department. I think the previous model of MediaTek is good.
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In this way, it can not only dispel the concerns of your previous cooperative enterprises, but also maintain the focus of liandian. We all know that, at least for now, there is a certain gap between liandian and Jidian in terms of process technology and large-scale process technology in Europe and America.
As far as we know, TSMC seems to have been developing 0.18 micron process technology, and it is said that it is about to make achievements. I think as an old rival of TSMC, you should not know this.
But in fact, even if you have not mastered the 0.18 micron process technology, large wafer factories in Europe and America have already existed.
It is hoped that liandian will focus on the research of wafer foundry and process technology in the future. According to our expectation, the next 12 inches may become the mainstream. In addition to integrating several of its foundry plants, we also hope to further expand.
For example, it is inevitable to re-establish several new 12 inch OEM factories, whether new or M & A, to further strengthen their own strength.
Focusing on the research and development of process technology, what does it mean for wafer foundry? I think you are experts. Moore's law has been proved. Semiconductors will generally follow this Law in a short time, from the previous 0.25 micron to the upcoming 0.18 micron. The next step may be 0.13 micron, and then enter the nano level.
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Another point is that at present, several major wafer foundries under liandian are jointly established with relevant design companies, and each foundry is only responsible for relevant enterprises and other businesses. Obviously, this is inappropriate and the waste of capacity resources is very serious.
We hope you can persuade the cooperative enterprise to restructure the company, form a group company, integrate all resources and give full play to the production capacity effect. Although Lianrui's plant was burned, there are four wafer manufacturing plants such as Liancheng, Lianjia and liandian, and Lianrui was burned down.
At the same time, we hope that liandian can go out and build factories in Singapore, the United States and other places. Since we can invest, we naturally hope that liandian can completely get rid of all its competitors and become a leader in the semiconductor manufacturing industry.
This is also our expectation for liandian. We choose our partners. We hope that our partners can have the goal of creating a world-class enterprise like us, such as comparable to Intel in the future. "
……
Xu Haifeng first talked to a group of people represented by Cao Xingcheng of liandian, and the meaning was very clear. If liandian did not enjoy the reorganization, there would be no possibility of cooperation. If it agreed to the reorganization, there would be a prerequisite for cooperation.
At that time, century Tianya investment company will ask for money and make strong efforts to help liandian establish its leading position in the field of wafer foundry as far as possible.
After listening to Xu Haifeng's explanation, at least Cao Xingcheng and them are excited. Obviously, Li Feng's optimistic industry and ambition are in line with liandian's development plan.
If there is Li Feng's financial support to re-establish several major wafer foundries, then liandian will completely get rid of Jidian. Thinking that liandian could completely defeat Jidian, this group of people were excited. It is estimated that they were completely brainwashed by Cao Xingcheng.
"Mr. Xu, first of all, our 0.18 micron process technology has been basically mature. Technically, we have basically caught up with the industry level. Then, I don't know how much support you can have?" After listening to Xu Haifeng's words, they all whispered to each other, and then Cao Xingcheng asked on behalf of liandian.
"Mr. Cao, it's not how much support we have, but how much share quota you are willing to give up. Even, we don't mind directly acquiring liandian as long as you are willing." Facing Cao Xingcheng's words, Xu Haifeng glanced at Li Feng and then returned with a smile.
……
Li Feng sat aside and watched the negotiation process led by Xu Haifeng on behalf of Tianya investment and liandian led by Cao Xingcheng. He was surprised to hear Cao Xingcheng say that he already had mature 0.18 micron process technology.
In fact, Li Feng doesn't know this. In fact, in the 0.18 micron process technology, liandian's technology is not inferior to or even slightly better than that of Jidian.
Unfortunately, after 2000, in the 0.13 micron process technology, liandian eventually fell behind, and was finally distanced by Jidian in technology. This is also one of the important reasons for the decline of liandian later.
Li Feng is really looking forward to liandian. Today's liandian is not inferior to TSMC in all aspects. Think about the future TSMC, which is known as the "world's first semiconductor company", with a market value of more than $200 billion.
If liandian also develops smoothly and can even compete with Jidian in the future, its own investment will really turn a profit. As for why he did not choose TSMC, Li Feng, this is the result of careful consideration.
TSMC was led by the government. It is very difficult to acquire shares, while liandian has been completely restructured and the government does not hold shares. It is relatively much simpler and less complex.
Wafer manufacturing only needs to negotiate with the cooperative companies of the factory. These are the wafer factories jointly established by Meidi and even liandian's customers, and Cao Xingcheng and other management have the decision-making power.
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What Li Feng doesn't know is that this may also be one of the reasons why liandian and Cao Xingcheng were treated differently by the Bay government.
In his previous life, liandian and Cao Xingcheng first invested in the mainland and built a wafer foundry in the mainland. This investment almost put Cao Xingcheng in prison, which eventually led to Cao Xingcheng's early exit and leaving liandian.
It turned out that at that time, Wan Wan regarded the technology of wafer foundry as a treasure. It was a project that was expressly prohibited from investing in the mainland. Moreover, it was during the Bian period, and the results can be imagined.
Naturally, the fact that the government has no shares is also one reason. After all, the wafer foundry in wanwan invested in many areas at that time, and there was no technology leakage.
At that time, liandian was a leading bird, and your company had no government shares. Since you were a leading bird, you naturally became a target.
However, without the government's share issue, it will naturally create conditions for foreign investors to take shares, so as to have Li Feng's Bay trip. Similarly, Li Feng's background in the United States still has a lot of help.
If Li Feng is domestic and wants to take a stake in liandian, you don't have to think about it.
……
Soon, several points of consensus were reached. First, today's liandian needs funds, and the good news makes liandian, which is unfavorable due to the fire, bring it into the formal market as soon as possible.
The second point is that we have reached an agreement on the restructuring company proposed by Tianya investment, including all major wafer manufacturers into the company, integrating resources and unified management. After all, this is a good measure for liandian, and there is no reason to object.
Finally, it is the issue of negotiating equity. It is not possible for the two companies to talk about how much capital they will buy and how many shares they can occupy. We also need to discuss with each partner of the wafer manufacturing plant. After all, each of the previous wafer manufacturing plants is a joint venture.