The Millennium Semiconductor Survival Guide

“Because whether it is Wall Street capital or capital from other countries, Neon’s SoftBank Investment and Nomura Securities have invested in Xinxin Technology, and Temasek and the Norwegian sovereign fund have also invested in Xinxin Technology.

We have attracted capital from all over the world. They all only have dividend rights and no decision-making rights. The stock voting rights obtained by their investment are one-tenth of the normal share capital.

In other words, the control of Xinxin has always been firmly in my hands, which is completely different from the situation of Samsung and TSMC.

I can completely control Xinxin’s dividends according to my own wishes. Xinxin’s annual dividend is about US$2 billion, but our profit exceeds US$5 billion. I put most of Xinxin’s annual profits in employees and R\u0026D investment.

This is also the fundamental reason why Xinxin has always had core competitiveness in the semiconductor battlefield. Rather than paying dividends to shareholders, we are more willing to invest money in research and development. "

In future generations, Huawei will be able to span multiple fields, continue to start businesses, and make great achievements. Their profit distribution mechanism is the key.

Although Huawei is not authentic in some aspects, it is very rare for them to succeed in entrepreneurship in fields such as consumer electronics and smart cars after achieving great success in the communications industry.

It is difficult for giants to cross borders. Most of their businesses are based on derivative industries that are based on their roots. Even so, they can easily fall into decline and then package and sell the derivative industries.

The most typical case is the blue giant IBM. After achieving success in mainframe computers, it successively developed personal computers, semiconductors, business management consulting, etc. In the end, these fields were packaged and sold one by one by themselves.

The reason why Zhou Xin is willing to pay dividends to employees is that the employee compensation system is highly tied to corporate profits. This method of play is also learned from Huawei. He cannot guarantee that he will always make correct decisions in the future, and the company's self-correction mechanism is particularly important.

Huawei's model has proven its combat effectiveness, so I will imitate Huawei's mechanism to plan for the future.

"Actually, it's not just New Core. New Pay, New Core, and Matrix have all adopted such a structure. Newman, you attach great importance to the control of your company. No matter who invests in your company, you must firmly grasp the control." In your own hands." Michael asked. "Is this because you feel insecure?"

Zhou Xin has been the world's richest man for many years. The media has almost completely covered Zhou Xin's upbringing. It is well known that his parents died long ago. Therefore, many media believe that Zhou Xin has extraordinary control over the company. Desire is attributed to Zhou Xin's lack of security due to his growing environment.

Zhou Xin has never admitted this, and no media has asked him this question.

Michael felt that the opportunity was rare and Zhou Xin was so relaxed that he could take the opportunity to talk about these issues.

“There are countless cases of founders being kicked out. In the case of Matrix’s merger with Apple, Jobs, as the founder of Apple, had no right to object, not to mention that Jobs was once kicked out of Apple. Isn’t it normal for me to feel insecure?

Moreover, since NewPay, a large number of Silicon Valley companies have adopted a shareholding structure with different rights for the same shares, which does not mean that everyone lacks a sense of security when facing powerful investment institutions.

Since investment institutions are willing to accept this equity allocation method, it shows that they recognize the value of the enterprise and are willing to lose voting rights to invest. The subsequent development of NewPay, Matrix, and New Core have proven that their choice is correct.

The past shapes the present, and the present affects the future. " Zhou Xin explained.

Throughout the interview, Zhou Xin wanted to convey the idea that new chips are the result of market-oriented competition. What we are suffering from now is unfair treatment. It is American's non-market principle that targets new chips. Core Technology.

Michael asked: "At a recent press conference in Washington, in response to media questions about Xinxin Technology, it was said that Xinxin may be related to Eastern officials. What do you think of this?"

This is also a common practice of the White House. There are many companies that have been falsely accused in this way. Some of them are indeed related, but there are also companies that are inexplicably given such titles.

"No, it is true that Xinxin Technology has official capital, but we have never provided any services to the military, and we are not a military industrial enterprise." Zhou Xin said firmly.

There are some topics that the two sides have a tacit agreement not to discuss. European and American media have maliciously speculated that Xinxin Technology will provide relevant parties in China with photolithography machines, semiconductor talents, and chip design and chip manufacturing related technologies.

This type of accusation also appears in the White House. This is an extremely sensitive topic because such a possibility does exist, and it is even a fact that it has already happened.

Xinxin sells lithography machines to Chinese state-owned enterprises, and the state-owned enterprises then transfer them to military industrial enterprises. Some engineers from semiconductor-related military industrial enterprises went to Xinxin to join Xinxin, and then returned after working for a period of time.

Zhou Xin wanted to refute directly, wouldn’t semiconductor companies from other countries around the world cooperate with their country? Why can't Chinese companies sell products to Chinese officials? Is it because this is sensitive technology as defined by Amerika?

Of course, Amerikan is in an advantageous position. They can make rules at will, and when the rules are not beneficial to them, they can change the rules.

Zhou Xin just felt it was unfair.

But this kind of thing cannot be mentioned on the table at all. The entire interview reporter will not mention it, and Zhou Xin will not mention it.

Because once Zhou Xin admits it, American will have a legal basis, and the relevant punitive measures can be further increased. Simply by using the Wassenaar Agreement requirements, companies in the participating countries of the agreement will stop cooperating with Xinxin, and Xinxin can rely on reserve materials. Maintain the current advanced manufacturing process for two years.

Once two years are up, the manufacturing process will return to 65nm.

This is still on the premise of purchasing Sumitomo Chemical-related semiconductor technology.

“Newman, do you think Amerikan’s executive order will have a big impact on Xinxin Technology?

If the White House does not change its attitude towards Xinxin Technology, will Xinxin Technology still be able to maintain its current competitiveness in the future? "Michael asked.

Zhou Xin said: "I think the impact is temporary and huge. Our business scale has shrunk by at least one-third. For any company, when their scale shrinks by one-third due to non-market factors, the impact will be huge." is huge.

However, Xinxin Technology has its own correction mechanism, and this impact is also short-lived.

If we cannot cooperate with Matrix, we can cooperate with other mobile phone manufacturers, such as Sony, Nokia, Samsung, etc.

Xinxin’s advantages in the field of smartphone chips are very obvious. In terms of performance and power consumption, the A series chips are second to none.

The inability to cooperate with Xinxin is a loss for Matrix. Matrix needs to be forced to switch to another supplier's chip. Mphone is no longer the best-performing smartphone.

Just replacing Mphone and becoming the best-performing smartphone is enough to make other smartphone manufacturers excited.

But this is not a good thing. Matrix is ​​also a company I founded. I made it an iconic brand in the smartphone era and made it the most attractive technology company in the past few years.

It is sad that the Matrix has become dim because of unfounded accusations and unfounded administrative actions by the White House. "

Zhou Xin needs to make American consumers realize that the measures taken by the White House against Matrix will also harm them. The Mphones they can buy will be affected, and both performance and battery life will be reduced.

Michael took out the Mphone 3 from his pocket and showed a regretful expression. After the Mphone 3 came out, even the shooting at the press conference and the subsequent financial crisis did not affect the sales of the Mphone 3.

The price is close to one thousand US dollars, and the global sales exceed 100 million. This is a huge commercial success, so successful that all the media are chanting the name of Matrix, thinking that it is the Microsoft of the new era.

There are technology giants in every era. In the 1970s it was IBM and Cisco, in the 1980s it was Microsoft and Intel, in the 1990s it was Yahoo, and in the first decade of the new century, there is no doubt that it is Matrix and NewPay.

Matrix's share price has risen continuously during the financial crisis and has exceeded US$500 billion.

The founders of these two most famous and successful companies in the first decade of the new century are Zhou Xin, which has brought Zhou Xin's popularity to a higher level again.

If there is a system, the legend level must be at least +10.

“I like Mphone3 very much. I had never used a smartphone before using Mphone3. It makes me feel like I have entered a new era of technological change.

Even in China, I can't enjoy all the functions of Mphone, and the functions are limited, but it is still the best smartphone.

It would indeed be a shame if the White House's decision resulted in the Mphone no longer being the Mphone. "Michael said.

Zhou Xin said: “It’s not just that simple, the Mphone4 originally to be launched next fall will also be affected.

To use an old Chinese saying, the behavior of the White House can affect the whole body. "

Amerikan's methods obviously don't stop there.

In the case of Xinxin's acquisition of Elpida, NEC, Hitachi and the Ministry of Economy and Trade behind it all agreed. Americen took action and required Neon not to sell Elpida to Xinxin for the same reason.

"That's too much! Amerikan is forcing us to sell Elpida to Micron." Yukio Sakamoto hammered the table angrily. He could not accept such a result.

Kaoru Yano, the president of NEC, also couldn't accept it, but could he not listen to his father's words? Do you dare not to listen?

Not to mention that NEC dares not to listen, but the Ministry of Economy, Trade and Industry also dares not to listen.

"Sakamoto-san, stop thinking about it and contact Meguang. We have no choice.

I understand your feelings. NEC also hopes to cooperate with Xinxin. The performance of Xinxin is much better than that of Micron.

There is an idiom in China called things go against our wishes. The current situation is that things go against our wishes. We cannot resist Amerikan's decision, we can only obey it. "

Yano Kaoru seemed very calm and was not depressed by the news.

As a veteran of the industry for many years, Yukio Sakamoto naturally knows how Neon Semiconductor collapsed back then.

The entire industry can be destroyed by Amerikan's methods and still cannot resist, let alone Elpida, which has reached its end.

American didn't say much, just said that Elpida could not be sold to Xinxin.

For Neon, it cannot be sold to Xinxin, and I am even less likely to sell it to Hynix and Samsung. Then my only option is Micron.

The only semiconductor manufacturers in the world that have the ability and willingness to buy Elpida are Xinxin, Samsung, Hynix and Micron.

The reason why Yukio Sakamoto is so angry is that besides the fact that he has no choice, it is also related to the humiliating offer made by Micron executives.

Xinxin had previously talked with them about acquiring Elpida at a valuation of US$4 billion, but Micron only came with a vice president, and the offer they gave was only US$2 billion, with a giving look, as if you don't want it. If you sell it, it will look like it will rot in your hands.

Elpida's losses at this time were as high as 70 billion yen, and it was impossible to throw more money into it without selling NEC, Hitachi and the Ministry of Industry and Economy.

Because as long as Samsung, Hynix and Micron do not join forces with them to raise product prices, Narpida will never be able to turn a profit.

These three companies are waiting for Elpida to fail, and then raise the price after it fails, so as to maximize their profits, so Elpida is bound to die.

When the option of new core disappeared, Micron was so unscrupulous.

"After the sale of Elpida, has Sakamoto-san considered joining New Core?" Liang Mengsong invited.

Xinxin did not react much internally after receiving the news, because this was something that Xinxin's strategic analysis department had expected, and it was impossible for American to let them continue to acquire high-quality semiconductor assets around the world.

The time window has passed, and there is only one way for Xinxin to go in the future, and that is to be independent and self-reliant.

Therefore, after Liang Mengsong met Yukio Sakamoto, who had suddenly aged ten years, he did not focus on what Elpida planned to do next, but directly poached people.

Yukio Sakamoto, who had already thought about quitting and planned to go back to retire, raised his head and said, "What do you mean, Mr. Liang, Xinxin invites me to join?"

Liang Mengsong's personal invitation and Xinxin's invitation are two different things. Liang Mengsong's personal invitation to serve as a senior executive at ASPLA, Yukio Sakamoto is not willing to do so.

Xinxin's invitation means that Xinxin will allocate a piece of business to him.

Liang Mengsong nodded: "Yes, although it cannot acquire Elpida, Xinxin still wants to enter the field of memory chips. Let's see if Sakamoto-san is willing to regroup in the field of memory chips and compete with Samsung, Hynix, and Micron."

Sakamoto Yukio's eyes lit up. For him, who is already over 60 years old, it is wishful thinking to make a comeback on his own, but with the big tree of Xinxin at his back, it may not be impossible.

Not to mention killing Samsung and Hynix, at least it will cause them physical pain. It will not be difficult to cut off a piece of flesh from their bodies.

"Okay, I am willing to accept Xinxin's invitation. There are still some matters to be dealt with when Elpida is sold to Micron. I will join Xinxin as soon as possible after that." Yukio Sakamoto didn't even give me some time to think about such an excuse. Without saying anything, he agreed directly.

On the other hand, Samsung has taken the cake from Xinxin.

"That's the only way. Matrix allocated part of the North American order to us, and also put forward harsh conditions, that is, Samsung must purchase related construction equipment from Xinxin."