I Am the President of the University

TSMC headquarters building.

In the chairman's office, we received a special visitor today.

A 91-year-old man wearing a suit, black-rimmed glasses and white hair.

Sitting opposite the old man was a respectful middle-aged man, Liu Deyin, the current chairman of TSMC.

While the two were talking, the phone on the table rang.

Liu Deyin answered the phone, and after more than ten seconds, the expression on his face became solemn.

"I'm waiting for you in the office, Director Zhang is also there."

After hanging up the phone, the old man raised his eyebrows and asked, "What's wrong?"

Liu Deyin smiled bitterly and explained: "There may be some trouble."

After a while, a middle-aged man came to the office in a hurry.

"Chairman.\\b"

"Director Liu."

The former Director Zhang is naturally called Zhang Zhongmou, the man known as the Godfather of Baodao Semiconductor.

Although the other party left TSMC in June 2018, in the minds of TSMC people, Zhang Zhongmou will always be the chairman.

Zhang Zhongmou, an American from Zhejiang Province, was born in Ningbo and studied in Shancheng. In 1949, he went to the United States to study. After completing his studies, he came to Baodao to found TSMC. \\b

And what is the status of TSMC in Baodao today?

One company, TSMC, uses 30% of Baodao’s electricity!

Even if there is a power outage in the Executive Yuan, the power supply to TSMC's wafer fab cannot be stopped. This can be seen from this.

After saying hello, Zhang Bingheng, the current deputy general manager of human resources, couldn't help but handed the list to Liu Deyin.

"Director Liu, this list is the list of employees who have applied for resignation in the past half month. You can take a look first."

Liu Deyin took over and scanned the names on the list...

【Hu Qing】

【Li Ziwei】

【Linbei】

…

Although many are engineers in the R\u0026D department, none were found to be involved in the core department.

And the number of people is only a few dozen. As a large international company with more than 40,000 employees, it is normal for dozens of people to leave.

Even companies like Apple and Microsoft have employees leaving. Although TSMC is the largest company in Taiwan, there are always some employees who leave for various reasons.

"Is there anything wrong with this list?" Seeing that there were very few familiar names on it, Liu Deyin was not suspicious. After passing the list to Zhang Zhongmou, he looked at Zhang Bingheng in confusion.

"It's normal for employees to resign, but 90% of this list is from the R\u0026D department, and the employees are all newcomers who have been in the company for less than five years. I felt something was wrong, so I investigated and found that Guan Yi might be among them. ..." Zhang Bingheng said with a bad expression.

"Guan Yi..." Liu Deyin had a headache. This name was familiar to the three big figures present.

There are those in Baodao who are pro-American and pro-Japanese, and naturally there are also those who are pro-China.

Guan Yi is that person who is close to China, and his status in TSMC's R\u0026D department is not low, especially when he was very close to Liang Yiqing.

Thinking about it this way, this resignation list may not be simple.

"This year, the company invested in building a factory in the United States. There are also some internal objections, plus Liang..."

Speaking of this surname, Zhang Bingheng paused and said uneasily, "Liang is in Ludao now. Many employees would rather go to Ludao than go to the United States."

Although in the eyes of many Baodao people, the mainland is still very backward, but those who think this way are basically people with low educational levels.

Those who can enter TSMC are the most outstanding elites in the treasure island, and they are not so ignorant about the mainland.

The relationship between Baodao and Hu Province is quite complicated. The two places have similar accents and basically the same food culture.

In recent years, with the rise of the mainland, many Baodao people have chosen to come to Hu Province for development. Compared with the distant United States, Ludao and Rongcheng seem to be also a good choice.

"Director Liu, do you want to initiate a non-compete agreement?" Zhang Bingheng asked.

A non-compete agreement is also called a non-competition agreement. Some core employees of a company will sign this agreement, which prohibits them from changing jobs to companies in the same industry within a certain period of time.

Of course, it doesn't mean you can't change jobs after signing the contract. As long as the original company fails to pay the non-compete compensation, the agreement will become invalid.

"this……"

\\bLiu Deyin hesitated. Basically everyone on this list had signed a non-compete agreement. As long as the compensation process was started, they would not be able to go to Guanghua Integrated Circuit. \\b

But... this would break the relationship with Guanghua.

It is obvious that Guan Yi is liaising with some R\u0026D personnel to switch jobs to Guanghua, and it seems that it will not work without starting the compensation process.

Finally, he looked at Zhang Zhongmou.

Zhang Zhongmou sighed and asked the two people a question.

"How long do you think it will take to develop the optical core on the other side?"

Liu Deyin and Zhang Bingheng were silent.

It is only a matter of time before optical core research and development is successful. With Liang Yiqing joining Guanghua, the shortcomings in chip manufacturing will most likely be made up for.

As for the final packaging and testing, the technology in mainland China is already at the top international level, but it is held back by chip manufacturing.

Where should the huge TSMC go?

"The United States is still unreliable after all. The company's focus must be adjusted!" Zhang Zhongmou was actually a little annoyed when he mentioned that country.

Currently, TSMC has a total of 28.05 billion shares, including 25.93 billion listed shares and 2.12 billion unissued shares.

To put it simply, in the ownership structure, the Zhongbaodao government holds 6.38% of the shares, financial institutions hold 2.8%, other legal persons hold 4.55%, foreign institutions and foreigners hold 78.48%, and individuals hold 7.79%.

It sounds like TSMC is controlled by foreigners, so many mainland public accounts and influencers began to spread rumors that TSMC is controlled by the United States. In fact, it is not the case.

Although 78.48% are controlled by foreigners and foreign institutions, the "foreign" here actually refers to investment institutions, mutual funds and individuals outside Baodao, and there are even many funds from China.

These investments are dispersed and have no impact on TSMC's production and operations. In fact, the largest shareholder is the Taiwan Executive Yuan, and TSMC executives and employees also hold a lot of shares, and have also reserved 7.56% of the shares are used for employee incentives, and TSMC is still considered a "provincial-owned enterprise" in Baodao.

The reason why it relies on the United States is, of course, because technology is controlled by the United States. If it does not rely on the United States, Huaxing's tragedy can also happen at TSMC.

"Would this offend Washington..." Liu Deyin said worriedly, suppressing his inner anger.

TSMC's top two customers are Apple and Huaxing. The two mobile phone chip giants contribute more than 40% of TSMC's revenue. However, due to the United States... they lost Huaxing as a major customer. \\b

In order to make up for this missing share, we had to rely on the United States, and found that...

Investing and building a factory in the United States is a huge pitfall!

This is completely a path of no return, and as a result, we have to go on with humiliation.

"If there is no optical core, we can't offend Washington, but once the optical core becomes available..."

Zhang Zhongmou rubbed his eyebrows and sighed: "That will be the end of our TSMC."

"It's really troublesome. I'll contact the Executive Yuan later. This matter must be communicated."

Liu Deyin frowned. TSMC was too important to the Baodao economy. Once something happened to TSMC, it would be a heavy blow to the entire Baodao economy!

On the other hand, Zhang Bingheng, the deputy general manager of human resources who was being used as a background board, was a little dazed. According to the conversation between Zhang Zhongmou and Liu Deyin, the impact it would bring...

Zhang Zhongmou stood up and said to the two of them in a serious tone: "For TSMC, the most important thing right now is to survive!"

"Please!" After saying this, Zhang Zhongmou bowed deeply.

Liu Deyin and Zhang Bingheng also bowed quickly in response. \\b

After dealing with it, Zhang Zhongmou left. After all, he had resigned as chairman of the company.

Outside the company building, Zhang Zhongmou got in the car and went to Dongfang to take a deep look.

"Liang, you win this time."

…

Two days later.

Guan Yi, who had already contacted Liang Yiqing and was busy communicating, suddenly found that many technical staff who had been hesitant before had agreed, and the resignation procedure seemed to be surprisingly smooth?

If you think about it carefully, Guan Yi's back will get wet.

He hurried to the company toilet, picked up his mobile phone and made a call before leaving.

ps: Today is just one chapter... The previous chapters have not been modified yet. I hope that the previous chapters can be modified in the next two days, alas.