Fight To the Third Generation - Chapter 694
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It is not the first time that I have talked with Jincheng Xianren about Erbida Company.
As one of the leaders of Japan’s semiconductor industry, Erbida was formed by the split and reorganization of the DRAM business of Hitachi, Japan Electric, and Mitsubishi Electric. It attracted widespread attention as soon as it appeared last year.
Previously, Japan’s DRAM memory chip business was jointly encircled and suppressed by the United States and South Korea, forcing Japanese companies to stand up to deal with it. Erbida is a product born after the integration of resources.
In fact, regardless of technology, market share, management system, etc., this company is quite good. In the face of continuously rising computer sales, there are also development prospects.
If it can withstand the pressure mainly from the United States and reduce the production cost, the Korean manufacturers may not be able to compete with it.
However, Su Yehao did not hesitate to reject Jincheng Xianren’s offer to help him connect.
To ask the root cause, the main reason is lack of money.
The Internet market has been sluggish recently, and the construction of real estate and semiconductor factories also takes time. Su Yehao’s business is in a period of precipitation. Although he made a lot of money by shorting Nasdaq in the past few months, in general, it is still relatively good compared to before. Leisurely.
The so-called precipitation period.
It is nothing more than sewing and mending everywhere to adjust the sequelae caused by the rapid expansion.
For example, at the Yanwen Group, with the assistance of McKinsey & Company this year, almost one-third of the middle and senior management has been replaced. Some of them are due to insufficient ability, and some are due to problems with their work attitudes.
Now it’s like taking a break from a long run to recuperate for a higher-intensity event next.
Those Internet companies in the mainland have recently been tossed by experts from consulting companies, trying their best to make their management systems more efficient.
It is true that Su Yehao still has a large amount of idle funds in his hand, but the Gangcheng Semiconductor Industrial Park will cost money, and the Pengcheng City of Thousands of Chips project will cost money to develop lithography machines, invest in the research and development of chips by Academician Ni Lao, and the expansion of Internet projects. , building skyscrapers, etc., all from his account.
If it hadn’t been for making too much money, it would have been drained a long time ago, and without adjusting the asset allocation, it would have been really powerless.
Given the potential of Erbida Semiconductor, it is obviously not worth letting Su Yehao sell the shares of Yanwen Group, or other high-quality assets that can appreciate.
What’s more, from the scale of Erbida, if you throw $1 or 2 billion in it, in the end, most of them won’t even have the right to speak, and they can only become the lubricant for Japanese companies to become bigger and stronger. In the end, Japanese companies are It makes no sense at all for Japanese companies whose major shareholders are still Hitachi and Mitsubishi Electric.
The players on the track are already very strong. If you really spend so much money, it is far better to continue to invest in the chip foundry field. Even if you invest in real estate in the mainland, the rate of return should be higher than that of investing in Erbida.
to be honest.
Su Yehao never thought that in the field of semiconductors, he must become bigger and stronger. In his opinion, many technologies are enough, even if they are not the top ones.
From the point of view of business games, as long as it is barely enough, it will not fall into the predicament of being stuck in the neck. Recklessly cutting off the supply will stimulate the development of local enterprises, but the gains will outweigh the losses.
At this moment, Jincheng Xianren, who was sitting on the sofa, just nodded and said:
“I understand, if you don’t want to raise money, how about OEM production? They have realized the disadvantage in terms of production costs. The labor cost in the Shanghai stock market is only one-tenth of that of Japan. One of the vice presidents of the company had dinner. He took the initiative to mention shrinking funds, transferring his own expenses for building new factories to research and development, and outsourcing some OEM production links. I know that you are investing in this area, so I thought of it first. you.”
Seeing him mention this, Su Yehao immediately became interested.
Today, there are not so many foundry orders for microprocessors, and he is worried that even after the foundry is built, it will be in a state of long-term losses.
If they can take orders from Erbida and help them undertake outsourced production business, not to mention how much money they make, at least they can let the foundry without a name survive the initial development stage and make some money to cover the expenses elsewhere.
Not in a hurry to express his position, Su Yehao first asked him tentatively, “Is there a plan for the matter? How reliable is it?”
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This is not to doubt the ability of Jincheng Xianren.
It is precisely because this undead Xiaoqiang is so capable that even if he is demoted to a subsidiary company, he can be promoted and return to the headquarters, that is why Su Yehao is skeptical.
Third-rate bank practitioners will only wait for business to fall from the sky, while second-rate bank practitioners will go out to find business.
And the top bank managers like Jincheng Xianren are amazing. They are very good at creating their own business. Even if customers have no money needs at first, they can find ways to change their needs.
From some perspectives, they are even better than the consultants of consulting firms and investment banks in order to get results.
For example, in helping Erbida to manufacture DRAM chips, the investment in building a new wafer foundry is as high as several hundred million US dollars.
Seeing Su Yehao’s doubts, Jincheng Xianren hurriedly told:
“This time it is really the news from Erbida, but they are mainly considering some OEM companies in Baodao. I think this news may be very important to you, if you really want to win Erbida’s OEM orders , I can do it for you. The president of Nippon Electric has cooperated with me. His wife has handed over 6 billion yen of assets to me to take care of. With this relationship, I should be able to win the opportunity…. ..”
Su Yehao was thinking.
Nangong Tian was already impatient, eager to give him the carefully prepared gift, so she asked from a distance: “Brother Hao, how long will it take you to finish? You have to accompany your grandfather and them to dinner at noon, so you need to prepare in advance. .”
“What are you going to prepare? Just bring your mouth over there, I’ll be here right away.”
After finishing speaking, Su Yehao told the wise men of Jincheng:
“OK, you go to help me get in touch, if I can make money, I will not be without your benefits. Ah yes, it happens that you know a lot of people, help me ask where there are hot spring hotels, ski resorts or ranches with the most beautiful scenery in Japan. , farm, etc., I plan to buy one as a gift.”
As soon as the words fell, the phone rang again. It was a text message from Jack Ma, congratulating him on his happy birthday, and he wrote a long paragraph, obviously prepared in advance.
Seeing that Su Yehao was so busy, Jin Chengxian was very discerning, got up and replied:
“No problem! When I go back and look for it myself, I will send you an email as soon as there is news. Don’t worry about Erbida, I will do my best to facilitate it! Then I will go back first, so as not to disturb you.”
“Okay, keep in touch…”
After watching the sage of Jincheng leave, Su Yehao looked at the bottle on the coffee table and asked the butler to send it to the small castle for collection.
While texting back to Jack Ma, I went to find Xiao Nizi.
I saw Nangong Tian smiling, patted a document bag on his hand, and said:
“Hey, I gave you a birthday present with Jiang Yu. Open it up and see if you like it. There are so many people giving you gifts in the morning. Fortunately, I was prepared. Otherwise, I would have been beaten by them.”
“How can you be like them? Those are normal business transactions, but your side is full of love.”
“Hey, your mouth looks like it’s smeared with honey. Hurry up and take a look! In order to deliver it to you in time, Jiang Yu and I have been so busy recently~www.mtlnovel.com~ we almost went to Italy ourselves.”
Open the paper bag.
Su Yehao found that the documents were all in English, and was wondering in his heart, only to find out when he saw the content, it turned out to be a financing agreement for Pagani Auto Studio.
After hurriedly browsing with wide eyes, she looked surprised and asked the little girl, “You paid a full 5 million euros to help me finance Pagani and produce the supercar Pagani?”
“Yeah, its founder seems to be very short of money. I heard that I wanted to raise funds, so I came to Hong Kong City. I should still be living in your Hi Garden Hotel. It’s none of our business to give you a gift, it seems It looks like the output is very small, don’t blame us in case of bankruptcy.”
Nangong Tian finished the vaccination ahead of time, smiled happily, and then asked:
“How about it, do you like it? Ferrari is too expensive, or I’ll definitely get it for you.”
…
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Chapter 694 Erbida’s OEM Order Free read: https://,!
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