Reinventing the Millennium

Fang Zhuo's two-way relationship with Linde Group is an unexpected blessing. It can be regarded as a stroke of luck with his excellent personal reputation, and it is hoped that the controllable foundation will be further consolidated. However, it is only one part of many tasks, and it is not yet a success. It takes time to implement.

In the second week of July, in addition to inspecting Bingxin's work in Shanghai, Fang Zhuo mainly discussed and thought about one thing, and finally decided to completely split Morningstar Semiconductor, and the main "Morning Light" chip series was integrated into Yike Optoelectronics. Part of the R\u0026D team was transferred to Yike.

As a result, Yike Optoelectronics will become a very comprehensive chip design company with the world's leading baseband chips, SoC chips, and image sensor technologies, and can provide a package of solutions to the industry.

The news about this incident did not cause much shock. Domestic companies that cooperate with Morningstar Semiconductor are very calm. No matter how it changes, it is Yike who is behind the scenes. Now it is preceded by the word "Yike". The development prospects are better.

Only two competing companies are a little anxious. One is Qualcomm and the other is MediaTek. Morningstar Semiconductor originally focused on mid- to low-end chips, but now it has resources and business empowerment, whether it is 4G baseband or image sensors. The world's top company, and with Yike passing on its skills behind the scenes, the competition in the Chinese market will inevitably become more intense.

In addition, Yike Optoelectronics also has technical cooperation with Intel. The previous WLS also supplied 4G chips to the global market. The improvement of overall competitiveness will undoubtedly further promote its external expansion.

After the spin-off of Morningstar Semiconductor, the listing of Yike Optoelectronics may not be far away.

On July 16, Yikoyi announced its Q2 financial report. Various data showed a relatively healthy and natural decline. In addition to the end of the strong period of its own products, the release of new phones by Apple and Samsung also brought a certain impact.

This situation did not surprise Wall Street, and the issue surrounding Yike now is not its performance.

Simply looking at Yike's Q2 financial report, it is still one of the top companies in the world. However, it is already mid-July, and the clouds over its head have become bigger and bigger.

This cloud is reflected in the financial report as a surge in data. Yike's inventory increased by 46.7% at the end of the period compared with the beginning of the period. This increase is most likely due to the fact that Yike has not reached cooperation with other suppliers for the time being. Stocks from ice cores had to be increased significantly.

In order to verify this speculation, someone proved that the allocation change of ice core's 16nm production capacity was not reflected in other customers, but was delayed in the supply cycle.

Yike is buying generously, and the ice core is processing and making a little more.

This is probably the current situation.

Just the day after Yike's Q2 financial report was released, a new change was also announced. The autumn conference, which was rumored to be scheduled for September, was moved forward to August 26.

Yusanjia has faced different changes in the market this year. Samsung launched its Glory in May, Apple launched its flagship in two months, and Yike will finally launch its flagship for the new year.

Moreover, it is launching new products without finalizing a new wafer manufacturer.

This means that at least most of Yike’s new machines will still use technology from Ice Core International.

Public opinion today generally believes that if Yike continuously obtains temporary licenses from BIS, it may continue to be approved to cooperate with Ice Core International within the year.

Judging from the combination of the two, Yike’s Mars and Selfy this year will most likely have two batches of products.

The Q2 financial report and the autumn press conference have no obvious positive or negative news. Yike’s stock price remains volatile. It is worth mentioning that the overall U.S. stock market has seen a lot of gains this year. The market value of Google at the beginning of the year is almost the same as that of Yike. 500 billion US dollars, and Microsoft, ExxonMobil, Facebook, and Apple have all seen quite good gains.

In view of the volatility of Yike's stock price and the complexity of certain issues, many rating agencies have recently recommended a wait-and-see approach.

On July 18, when many media were discussing Yike’s confirmed autumn launch, Samsung stepped forward and announced the latest news, confirming that it would not provide wafer manufacturing services to Yike during the year.

After Intel and GlobalFoundries, Yike has one less partner on its global 16nm process candidate list.

There are only 6 manufacturers that are in mass production or close to mass production of the world's most advanced technology: Bingxin, Intel, Taiji, Samsung, GlobalFoundries, and UMC. Today, only Taiji and UMC, two manufacturers located in Baodao, are left. Clear message.

There is not much time left for Yike, and there are not many cooperative manufacturers left for Yike!

Although news soon spread that Yike was negotiating further cooperation with UMC, Yike's stock prices on Nasdaq and Hong Kong still fell significantly.

On July 20, a fund owned by Capital One, a financial company in the United States, published an "Open Letter to Mr. Fang" that was widely circulated. The letter criticized Mr. Fang's slowness and believed that he must now be more determined. To solve the problem, more proactive actions should be taken to safeguard the company's interests.

slow! Be more determined! Be more active!

Mr. Fang, look at what your Yike has become. Its market value is only US$360 billion!

However, as time goes by, shadow shareholders have increasingly different views on this matter. Mr. Fang may not be slow, undetermined, or inactive, but he may be afraid...

I'm afraid that he is too determined and too positive!

On the evening of the 23rd, Fang Zhuo unexpectedly received a call from the shadow shareholder himself. Under the influence of the MIGA fund, he is now gradually transforming into an Austrian coin.

The two had an extremely fierce quarrel.

"Yi Ke should stop, you are creating friction now!"

Fang Zhuo was very angry: "What do you mean by I create? It is BIS that is creating trouble. It is BIS that has made a temporary license. Also, why were Yi Ke's two regular acquisitions in the previous few months stopped by the SEC? Am I creating trouble?"

He continued to be angry: "Facts have proved that blindly giving in is useless!"

"Have you given up?" The other end of the phone was incredible.

Fang Zhuo answered loudly: "Have I not given up yet? BIS asked Yi Ke to apply for a license, and Yi Ke applied for a license. We do things in accordance with the rules and regulations. We abide by various rules and regulations. Isn't the attitude I expressed good enough?!"

"You, that, that license is for the good of Yi Ke." The other end of the phone was suddenly a little speechless.

"We all know whether it is good or bad." Fang Zhuo replied.

After a moment of silence on the other end of the phone, the other end said, "The future of Yike is in your hands. You take care of yourself."

The call to the private number was cut off.

However, quarrels are quarrels, and when Kong Yu of MIGA Fund learned about the discord between his boss and the shadow shareholder, his anxiety was quickly soothed.

On July 27, 2015, news from the Securities and Exchange Commission was revealed that the SEC was considering more active involvement in the cryptocurrency market, believing that many initial token issuances (ICOs) may constitute securities issuances and should comply with the various provisions of the federal securities law.

This news of incorporating cryptocurrencies into the regulatory framework of securities law is considered to have recognized its legitimacy as an investment tool to some extent.

Affected by this, many cryptocurrencies fell first and then rose, and some once reached a record high.

Kong Yu's phone calls and contacts here have not decreased but increased, and the workload is even greater than before.

As the saying goes, friendships can be broken but business can be broken. No matter how much you quarrel or how much you quarrel, don't joke about money.