Reborn Entrepreneurial Giant

When the local government in Shanghai heard the news that Qu Li was invited to dinner, he had already left for Wuhan to meet with Wuhan Xinxin CEO Yang Shining and Wuhan's local officials.

It's not that Qu Li is asking for trouble. Confucius said that the only thing in this world is a weapon and a name, and you can't be a fake person. A name is a letter, and a letter is a weapon.

There will definitely be deviations in 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 as the CEO of Jumei and Glory, but he will not leave the company's management , will not give up the shares in his hand, and let the senior management know that he did the things, which is the root of his influence.

Is long-term investment important? Of course it is important. On the premise that there is no major change in the existing economic order, the future world will be a world of capital and a world of technology. Qu Li has mobilized so many resources through long-term investment. If he is honest and responsible, how can he take the lead? If he misses the past few years of prophetic experience, even if he will not be obliterated by everyone, it will be difficult for him to grow more and more Invincible in the complex international situation.

Seeing Qu Li, all the executives in E Province were inevitably shocked. The actual controller of Vision Investment was actually a 23-year-old young man, who is really a young genius.

The investment of Wuhan Xinxin all comes from the local government. The initial investment was 1.5 billion U.S. dollars. If you want to keep up with the world's advanced level, such as realizing the 65nm process, you have to increase it to 2.5 billion U.S. dollars. If you want to realize the 43nm process, hehe...

The most successful domestic local government venture capital project 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 transferred 65nm and 43nm related production processes and technologies to SMIC, and Wuhan Xinxin, as an important production base of Spansion Semiconductor, provided NAND memory product OEM for it.

Unfortunately, under the background of the financial crisis, Spansion almost went bankrupt, SMIC was in trouble, and the establishment of Wuhan Xinxin was due to bad luck, not a problem in decision-making.

After Qu Li appeared, he was like a great savior, saving everything, and even put forward a grander idea.

Qimonda, the world's top-ranked DRAM memory company, went bankrupt. Infineon Qimonda is the controlling shareholder, and Envision Investment is the major shareholder of Infineon. Will it affect Qimonda's asset disposal after bankruptcy? Don't even think about it, of course you can!

Therefore, Envision Investment teamed up with the Wuhan local government to jointly fund the establishment of a chip company, acquire Qimonda's R\u0026D center in Chang'an, DRAM and GDDR memory patents and technology licensing, etc. Hubei State-owned Assets, Envision Holdings, and Spansion Semiconductor are shareholders of the newly established Changjiang Storage Company, and Wuhan Xinxin is its foundry.

The relationship is complicated. Feisuo licensed the nand chip patent to this new company, and obtained the management right of Wuhan's new core. currency, Yuanjing Investment will hardly lose money...

Some people may doubt the possibility of this cooperation, but if you know that Wuxi has contributed money and efforts 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 recruited to Wuhan Xinxin to produce nand chips that meet Honor's needs for Spansion Semiconductor. This is the function of financial capital.

Qu Li was very satisfied with Du Jiuming, the person in charge of Envision Investment's implementation of this plan. He wrote down the name and took him by the side to understand the situation.

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 is 65nm, and the third phase 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 46nm, which has theoretically achieved 30nm. After obtaining these technologies, the gap between Xinxin and SMIC is not too big when the equipment is transported from Qimonda's German factory to Wuhan.

The most important thing is that Wuhan Xinxin has no one to talk about it. Yang Shining can show his strength and persist until the establishment of the National Fund, and the clouds clear, and persist until the trade war, dark clouds...

Qu Li, who stayed in Wuhan, met the governor of Hubei Province and exchanged his views frankly. Generally speaking, he is cautious and optimistic. The manufacturing of memory chips requires advanced manufacturing processes and continuous investment. In this regard, the local court can only be relied on.

"Don't worry, our courage is no worse than that of He Fei!" Wuhan Taishou said

"..." Qu Li felt familiar, and suddenly asked what He Fei was doing?

"Well, Wuhan dared to invest tens of billions in Xinxin without blinking his eyes..." Qu Li naturally wouldn't talk nonsense.

"If you have any comments, feel free to ask, our side is no worse than Hunan Province..." Governor of Hubei Province

It turned out that this is the case, Qu Li finally understood, it seems that there are exchanges between the provinces, but I don't know if it is a personal relationship or a platform for communication. After the conference, it should be a personal relationship, right?

"I most hope that Wuhan will not learn from SMIC. I heard that there are already signs of internal fighting there. No matter how many shareholders Xinxin joins, I hope that one party will dominate, and Party B will be responsible for supervision, and do a good job in the construction of the company's compliance system..." Qu Li once again emphasized that he does not want to make multiple companies, Changjiang Storage hosts Xinxin, and the only shareholder of Xinxin is Wuhan State-owned Assets. If you really want to seize power, there are too many means you can use.

"Of course, this is what it should be..." The prefect of Wuhan promised, many promises have been reflected in the contract, but the validity of the contract with the government and state-owned enterprises in China is questionable.

After communicating with the government, I went to Xinxin Yang Shining. He didn't understand the technological development route of chip technology. He only knew that following TSMC could not go wrong. Taking advantage of their personnel changes, he could dig a lot of talents from them.

Since the financial crisis, TSMC has launched layoffs, but the methods are blunt, and many excellent employees have been laid off in the name of failing the last 5% of the KPI assessment. So the founder Zhang Zhongmou came out again, and lost the previous CEO Cai Lixing.

Liang Mengsong, who supported Samsung Semiconductor in the future, will definitely not be laid off. He felt wronged, so Samsung found an opportunity, paid a lot of money and arranged 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 ahead of time, the chances will not be very great. Wanwan, including TSMC, will strictly guard the mainland of China. If Liang Mengsong goes to China, whether it is teaching or traveling, he may be discovered soon. .

Since Liang Mengsong is not available for the time being, how can he use this news? Du Jiuming, who is in charge of the Qimonda, Changjiang Storage, and Xinxin projects, gave his opinion and let Wuhan Xinxin and Samsung Semiconductor start a strategic cooperation through the flying cable.

It turns out that Spansion Semiconductor is suing Samsung for patent infringement in the United States...