The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce

Chapter 79: Opportunities for overtaking in corners, the lithography machine industry is about to be

Qiu Mingxiang's work efficiency is still very high. He could have spent a rare Spring Festival with his family.

But thinking of the responsibility on his shoulders, he took a red-eye flight to Helan, where ASML is located, that day.

His old friend Dr. Byers received him warmly.

While drinking the pub's special craft beer, the two talked about the days they had struggled together.

Unconsciously, Qiu Mingxiang brought the topic to work.

Byers, who was already filled with resentment, completely threw the confidentiality agreement behind him under the influence of alcohol.

"ASML has been established for three years and has zero market share. If we hadn't had enough technology patents before, it wouldn't be able to survive today.

In the past, Philips was willing to spend tens of millions of dollars every year to support our research and development. Now, that amount of money is not enough to fill the gap between our teeth. "

Qiu Mingxiang agreed with this. If it were not for the profound heritage left behind during the Philips period, the company might have gone bankrupt before ASML could commercialize its products.

He was very curious as to what stage ASML's research and development had reached. He was about to ask.

Byers drunkenly took the initiative and said:

"Qiu, let me make a bet with you. Within two years, integrated circuits will undergo a major change. The upgrade of mainstream chips is imminent. The size of silicon wafers will change from 4 inches to 6 inches!"

Hearing this, Qiu Mingxiang was shocked. Of course he knew what this meant.

Existing photolithography opportunities will be eliminated and the market will be reshuffled.

And now there are four giants on the market.

No one has developed a new generation of lithography machines, and now everyone is on the same starting line.

Whoever develops a Keguang machine that can create 6-inch silicon wafer chips first will be able to occupy the entire market first!

Qiu Mingxiang, who has both professional and business acumen, smelled the business opportunity.

If Peninsula Technology seizes this opportunity first and takes advantage of the opportunity to ring the bell and list on the Hong Kong Stock Exchange...

After he came back to his senses, he suddenly found that Byers was staring at him intently!

I said so much on purpose just to observe his reaction.

"Qiu, I know how busy you are at work. Coming to Helan this time is not just to catch up with me."

Qiu Mingxiang did not continue to hide his intention and conveyed Wang Lei's words to Byers intact.

Biles was immediately moved!

Why did he study hard for many years and devote himself wholeheartedly to the research and development of Keguang Machinery?

If not just for money, what else could it be for.

Now, as a R&D staff member, he was abandoned by Philips. The impoverished Asmer was obviously not a good owner.

The most critical point is: now that everyone is on the same starting line, he doesn't want to miss the opportunity.

"My boss is very rich, and he is very courageous. He is willing to continuously spend money on the research and development of Keguang Machinery. Scientific innovation is the primary productive force. This is a sentence he often puts on his lips."

Scientific innovation is the primary productive force. This sentence almost expresses Byers's heart.

He finally succumbed to the temptation of money:

"If I bring in a R&D person, will he really give me $100 million?"

"Of course, my boss will never go back on what he says."

Byers, who had been ready to make a move, smiled and said:

"Actually, I've been envious of you since I heard that you received preferential treatment when you joined Peninsula. You were still half of my subordinates at the beginning. I didn't expect that after two years of not seeing each other, you have become the vice president of a high-tech company."

Perhaps it was this jealousy and his own dissatisfaction that gave him an idea. If Qiu could change jobs, why couldn't he follow him to the peninsula.

So when chatting, I will complain about my current situation from time to time.

After making up his mind to switch to Peninsula, Byers also gave advice to his old friend:

"In fact, our group has made major breakthroughs in the research and development of a new generation of lithography machines, but the attitude above makes us hesitate. They can abandon us once, and they can abandon us a second time.

After all, they are not very willing to spend money on us. "

“Don’t worry, any technical staff in Peninsula who have made a contribution will receive the rewards they deserve, and our boss is never stingy with huge bonuses.

In our company, the best innovation award is worth up to [-] million US dollars. Although no one has won it yet, I believe you can do it, Byers. "

One hundred million!Still dollars.

Byers, who had not been very successful in recent years, opened his mouth in shock, his face turning red from suppressing his emotions.

After saying goodbye to his old colleagues, he almost stayed up all night.

After arriving at the studio the next day, Biles first found his four team members.

He is a very shrewd man, and in order to achieve his goal, he is willing to give his subordinates part of his own bonus.

"Everyone, I don't plan to stay any longer. Anyone who is willing to come with me will receive a settling-in allowance of US$50."

You must know that when ASML was established, the accounts only had 400 million US dollars!

The average annual income per person in He Lan is only US$3, and the income of high-tech talents is about twice the average.

This settlement fee is undoubtedly a huge amount of money.

Before they could ask questions, Byers continued:

"The settling-in allowance is just one of the reasons. The new company is willing to provide us with double our current salary!"

Salary increases for job-hopping in the industry are generally around 20% to 30%, and generally an increase of 50% is very objective.

All four said they had no problem and were willing to go with Biles.

Byers immediately found ASML’s president Smit.

Smit was also troubled at this time. He knew that Asmai had reached a very critical moment.

Employees are tired of his days of painting cakes and trying to win chicken blood, and the company's R&D funds are already running out. At least [-] million U.S. dollars are needed to continue to develop a new generation of lithography machines.

One hundred million US dollars...Philips, which has reduced profits from home appliances, simply cannot afford such a large amount of funds.

Just when he was having a headache, Byers, the team leader who was researching high-precision alignment systems, found him with a cold face.

"Biles, what do you want? If you are asking for funds, I hope you can wait a few more days. Philips has promised me that it will help me borrow a huge amount of money from the bank."

In the past, Byers would have expressed understanding and even looked forward to it.

But now he just asked coldly: "How much can the loan be, 1000 million U.S. dollars or 2000 million U.S. dollars? You and I know very well that without R&D expenses of [-] million U.S. dollars, it is impossible to make a product that can lead the four giants." !”

Smit did not expect that the other party would be so blunt today and not even give him any face.

Thinking of the importance of a high-precision alignment system, Smit could only hold back his inner anger and comfort Byers:

"Byers, I know you are under a lot of pressure, but now is not the time to say dejected words. We can only take one step at a time. One day Philips will realize the importance of the lithography machine. When that day comes..."

"President, I can't wait any longer. I hope to complete my resignation today!"

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