Rebirth of the Official Business Route

Rebirth of the Official Road Business Chapter 1052 Financial Pressure

Under the control of Kumho. At this time, even if the microchip microchip can only be engaged in the foundry. But the profit is not low.

The decoding chip does not have high requirements on the wafer manufacturing process. However, the core intellectual property rights are controlled by the three companies of Kumho Texas Instruments. Even if the price has been adjusted. Decoding chip shipment prices are maintained at more than 20 US dollars per chip. Microchip can at least get a profit of one dollar per chip from the decoding chip foundry order. w Novel chapter updated fastest

Flash memory chip market. Jin Toshiba Samsung is one-third of the world. Three are very happy to enjoy the huge profits brought by flash memory chips. After Kumho completely digested the flash memory chip technology. In addition to meeting internal needs. Mainly supply to Skoper. Other market shares are actively given to Toshiba and Samsung to digest. The global shipment price of 3m storage specifications of flash memory chips is still maintained at more than 60 US dollars-so that the CEO of Scotia, every time he sees Su Jindong and other Kumho high, he gnashes his teeth. Kumho's profit from flash memory chips is even far higher than the profit of ip1ayer product sales-after all, the marketing cost of ip1ayer overseas sales is huge. The sales of flash memory chips have almost no additional costs other than manufacturing and research. Monthly sales of Kumho flash memory chips exceed 24 million U.S. dollars. The gross moisturizing rate is higher than 60%. Even higher. w "Fiction" novel chapters are updated fastest

Such a tacit cooperation. This enabled Samsung to maintain rational restraint even when the market was suppressed by Kumho. Microchip can also obtain considerable subsidy profits from foundry orders for flash memory chips.

Only these two items. Compared with other foundry companies, Microchip Microchip can earn at least nearly 20 million US dollars in additional revenue each year. This is particularly important for Microchip Microchip, which is in the early stages of growth; Under the pressure of survival in the early stages of growth. There is room for long-term continuous investment in wafer process technology research.

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After the private banquet at the house of the governor Angie Bo. Zhang Ke, Chen Xinsheng, Liu Zhicheng and others all drove back to the hotel-Burt intended to leave Del Fassi, vice president of Yi Yi, and Zhou Zhengqing, president of Texas Instruments China, to leave to speak.

"According to the observations of the search department of science and technology, the recent patent applications submitted by ess should be closely related to the research of baseband chips." Holding a red wine glass. The towering trees in the vast courtyard in front of the windowsill. Said with Angela. "It seems that Kumho was the first to accept digital mobile phone manufacturing technology from the time we were planning to start the baseband chip. It's just that they don't know which step they did?"

Zhou Zhengqing sat silently. But my heart was strangely surprised.

Others are not responsible for things in China. Some news is really unclear. He did not expect that Kumho would have the courage to go to the baseband chip project. Not to mention that Samsung folds twice on the baseband chip. Even IBm has suffered a big defeat on the baseband chip; Kumho not only has the courage to start a project on the baseband chip. And already on it?

An Jibo smiled and said: "Zhang. Probably the most energetic Chinese I have ever touched." Then he recalled with a slightly frowned brow. "So far, my computer still keeps the first email he sent me."

Zhou Zhengqing pleased him and said: "An Jibo first created your e-mail to create the Kumho at this time."

"Can't say that." Angela shook his head. There is an old saying in the saying. what is it call"**"? "Angel looked at Zhou Zhengqing without confirming. "To rise is to rise. If you don't have that email. Maybe it just missed the opportunity of Texas Instruments and Kumho. "

Zhou Zhengqing wondered where An Jibo heard such an old saying in China. The meaning can still be understood. It’s just that Anji’s deep-seated meaning cannot be figured out. Seeing that he appreciates Kumho’s success so much, is it because the 018-meter wafer manufacturing process has been transferred to Microchip this time?

Delfax understood Angie Boss. He smiled and said, "I'm afraid they are still concealing their heads and tails. It's hard to judge..."

Listen to Del Fassi say that. Zhengqing understands a bit.

Always focus on the development of high-end chips. Even if Kumho successfully developed the baseband chip. Nor is it possible to pose any threat to Texas Instruments' high-end baseband chips. The real pain is those manufacturers that directly compete with Kumho in the terminal field.

If it is to let Kumho successfully develop the low-end band chip. The cost advantage of Kumho in the low-end and mid-range mobile phone market is too great-it is not hard to imagine that except for the major high-end model markets such as Europe, America and Japan. Who else has the ability to completely suppress Zhahu Lake?

How much has Kumho invested in technology research over the years? Zhou Zhengqing was pondering this question in his heart. Will you discuss this issue with Chen Xinsheng in a straightforward manner tomorrow? The heart of the province has always been. Angie Bo and Del Faxi have no judgment about the progress of Kumho on the baseband core at this time. If Kumho has successfully developed low-end baseband chips. Cooperation with Kumho in the field of low-end chip production. It was already the temptation that Texas Instruments could refuse. Unless it is to completely let go of the low-end chip market. otherwise. Exchange technology for holdings. It is the best choice for Texas Instruments-if Kumho is only half-hearted in baseband chip research. It is even possible to repeat the old path of Samsung IBm. There is no need for Nadeyi to withstand the pressure of the media and the public to come up with the 018-micron wafer process technology.

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In the Dallas Hu International Hotel. Zhang and Chen Xinsheng and Liu Zhicheng are also considering how to get Texas Instruments to make concessions. Of course, he won't fully show his technical trump card to Texas Instruments.

Show the hole cards. Although it can persuade TI to transfer its 018-meter wafer process technology, TI will inevitably require more shares. At this time, Zhang Ke would rather spend cash to buy technology from Texas Instruments. And do not want to let too many shares of Microchip Microchip fall into the hands of Texas Instruments.

Texas Instruments already owns 10% of Microchip Microchip at this time. Kumho's shareholding in Microchip is just above the holding money. The other shares of Microchip are scattered in the hands of Yunyuan Group's Singapore Monetary Authority and management. It is already the limit to make Texas Instruments' holding ratio to 0%. I just don't know if 0% can satisfy Texas Instruments' appetite.

Kumho gives up its absolute controlling rights, but the control rights cannot fall into the hands of foreign investors.

Introduce 025018 meter wafer process technology. A large, high-standard wafer fab will definitely be built. Compared to the first fab. The funding support for Microchip Microchip to build a second wafer fab to the central and central parties is relatively limited. Huge amounts of more than one billion U.S. dollars. Kumho should bear more than half. Kumho will also feel stressed.

A total of two billion US dollars of funds have been collected. These funds look very large. Just coping with existing projects is not enough.

Nearly half of the pre-reclamation project based on the 10 million-ton iron industry has been completed. Next, Donghai United Iron and Steel and Dongshan Iron and Steel will formally merge to initiate the construction of a 10-million-ton steel industry base. A big investment of 30 to 40 billion yuan. Kumho Corporation has a 0% share. We also need to resolve the six to seven billion funds on our own. There is also the iron ore project in Perth, West Island. One billion yuan is just a bottom line.

Zhang Ke is not at all difficult to understand why Samsung owed nearly US$20 billion in foreign debt during the Asian financial turmoil in 1997-if Kumho had a chance. Don't mind owing 20 billion U.S. dollars in foreign debt for expansion.

At this time, Kumho only hopes that the country will not suppress it. There is no expectation that the state will provide strong support in financing. Want to show. The problem of funding still has to be solved by oneself.

Zhang Ke's participation in the judgment of the post-technology introduction stage stayed in Dallas until the end of August. During this period. ess also formally established a computer chip research gate and hinted to Texas Instruments that they have made a key progress in the development of baseband chips. No longer mind letting the outside world know their ambitions for baseband chips. Although the industry is full of doubts about whether Kumho can successfully develop the baseband film~www.wuxiaspot.com~, this hint is given to Deyi.

Texas Instruments finally agreed to transfer the 025,018-meter wafer process technology to Microchip Microchip in the mode of equity and cash. Microchip has obtained the relevant wafer process technology authorization license. Texas Instruments' shareholding in Microchip Microchip increased to 15% plus US$50 million in cash. There are also 5 stock subscription rights.

This is the first step. Yi also needs the approval of the board of directors of Texas Instruments and the US technology export regulatory authority. It also needs the approval of Jingwei's board of directors; in addition, it will invest more than one billion US dollars to build a wafer factory in China. It also needs the approval of the Planning and Reform Commission of the State Council and other departments. After all the approval procedures are completed. This transaction is considered to be established.

Although it is not clear whether things will go back and forth. There are still many things that need to be done urgently in front of Kumho. We must first persuade the two major shareholders of the Monetary Authority of Singapore and Yunyuan Group to agree to increase capital to build a second fab. One is unwilling. Jin will have to bear an additional funding pressure of one to two billion US dollars. Although the Singapore Monetary Authority has sufficient funds. But after the Asian financial turmoil. Investment is still a bit daunting. Not necessarily willing to increase capital in Microchip Microchip; Yunyuan Group is in the process of industrial restructuring. The financial pressure is relatively large; in addition. Microchip's shareholding management collectively does not give out much money; Texas Instruments doesn't mind injecting capital in proportion to the shareholding ratio at that time. But Texas Instruments holds only 15% of the equity; the other 85 pressures are almost all on Kumho's head.