The Millennium Semiconductor Survival Guide.

Chapter 73 Know? Quora! (Seek to follow up)
With the previous conversation with Zhou Xin, when Wu Shiqiang boarded the flight back, he had a kind of pride in his heart that "I will go to Guanshan thousands of miles, and I will live up to the hope of Yunqi".

This kind of foreign capital helps Huaguo to help the poor with technology, besides emerging investment, which other investment institution will do it?

The most critical point here is that even if the investment manager of foreign capital is from Huaguo, they are limited by performance appraisal and personal interests, so it is impossible for them to invest in companies with little or no return.

But Zhou Xin is different. Behind Xinxing Capital is Zhou Xin. As a result of Zhou Xin’s strategic design, Xinxing Investment is the only company willing to do so.

I am afraid that my own rate of return is too high. Is there a second company that wants to lower the rate of return by investing in integrated circuits and basic computer technology?
Even the state-owned investment institutions of later generations, unless they are policy funds, are absolutely profit-oriented.

Therefore, after returning to China, Wu Shiqiang used various personal connections, including his family, his classmates and friends, etc., to chat with some angel investors, trying to find out if they know which integrated circuit companies do better, and Short of money.

Although they will not vote now, it is now in the project reserve stage.

"Shiqiang, domestic integrated circuit companies are too far behind foreign countries, and we have never considered investing in companies in this field.

And you have to know that the field of integrated circuits is mainly played by the state, and we can't even make a splash with the little money we invest in it.

Like Hua Hong Semiconductor and China Resources Microelectronics.These are state-owned enterprises like JCET, and they are not short of money. If you want to invest, the other party will not accept your investment. "

Huaguo launched a 1995 project in 909. This project is called: "Building a large-scale integrated circuit chip production line", mainly to speed up the development of Huaguo's integrated circuit industry.

One more thing to mention here, China Resources Semiconductor achieved profitability in 0.35 by relying on Neon's NEC company to provide 2000 micron technology transfer for the eight-inch whole plant.

Huaguo has always been state-owned capital in the early days of making integrated circuits, including the introduction of foreign technology, fabs, and so on.

909工程之前是908工程，这个工程当时投资了15亿rmb，1990年的15亿rmb，用于建设华晶电子6英寸的晶圆厂。

As a result, it took two years for funding approval, and three years for the demonstration of whether to introduce AT&T's 2-micron integrated circuit manufacturing technology.

After the completion of the fab, the gap between the final products of the 908 project and the international equivalent products has widened, and the products have no competitiveness at all.

It was not until 2000 that Huaguo realized that it was not enough to rely on state-owned enterprises. After 20 years of unified construction with state-owned capital, no good results were achieved. Then relevant industrial policies were introduced to encourage and guide private capital and foreign capital to enter the integrated circuit field.

It is now 1999, and without policies, industrial capital simply cannot play in this field.

"Database? Operating system?
Are you an investment institution or a research fund?
The operating system is better, because of Bill Gates, there are still domestic companies engaged in operating systems, and there is still a market for operating systems based on the Linux kernel.

Not long ago, didn’t the surfing software come out with XteamLinux, and I took a look at it at the time, and this thing is not much different from Linux, it’s just a different skin.

A lot of domestic companies want to rely on the Linux kernel to build their own operating systems and become the next Microsoft.

Including not long ago, Huaguo Computer Company and the Institute of Computer Science, Chinese Academy of Sciences jointly established a company called Winning Kylin, and they also plan to build a Kylin operating system.

But for the database, there are no companies planning to do it. Basically, universities and research institutes are doing it.

Our so-called operating system for personal use does not have such high requirements for security and data stability. It is good to experience domestic production and support domestic production.

But databases are different. They are used by large enterprises. They have high requirements for data stability, and there is no room for domestic databases.

Oracle and IBM's first-mover advantage is too great. "

"If you want me to say, Zhou Xin is behind your emerging investment, Zhou Xin is a ghost in the Internet industry, wouldn't investing in the Internet be over?

It's still you kid who makes his own way and always thinks about something unrealistic. "

Wu Shiqiang found one of his classmates, a graduate student in science, who had worked in the Chinese Academy of Sciences for a period of time, and then went to work as an investment manager in a foreign-funded institution.

As a genius in the Internet industry, Zhou Xin is planning the launch of new products.

When I participated in ISSCC two months ago, Zhou Xin added the mailboxes of many big names in the field of integrated circuits.

During this period of time, apart from work, he spent most of his energy on reading papers in the field of integrated circuits. When he saw a name he knew, he sent an email to express his views.

This is also a sense of familiarity.

After the new product was launched, he sent sincere emails to these big cows one by one as soon as possible.

The first letter was for Hu Zhengming.

"Professor, this is a new product I have developed. It focuses on helping people solve problems in academics, life and more. This is a question-and-answer community, and you are sincerely invited to join."

Of course, Zhou Xin not only found a big cow in the field of integrated circuits, he also found Bill Gates.

What a rare opportunity to ask Bill Gates a direct question.

Bill Gates is the biggest gimmick in this trivia community.

It’s just that Bill Gates has to stay behind. After the user accumulation reaches a certain level, Bill Gates will detonate this product to achieve the purpose of fission in the number of users.

Robin also received an email, and Zhou Xin invited him to use the email from the Q&A community.

"Knowledge quiz community? This is another new concept created by Newman.

I'll have to take a good look at what's new with this product. "

Robin's Baidu is under development, and Baidu has received an investment of US$800 million from Zhou Xin at a valuation of US$260 million.

With this investment, Robin quickly resigned and started recruiting, including his classmates and friends.

They have to work more than ten hours almost every day in order to develop Baidu.

Only during the day does Robin routinely check his mail.

"Quora?

And do I need to register with my real name? "

Robin enters the verification code sent to him by Zhou Xin email on Quora, and then he can register for the account.

And account registration needs to provide his real information.

After completing the registration, Robin uploaded a photo of himself, and then began to browse the entire community.

Quora is no longer sub-sections, it is sub-themes, including technology, business, culture, politics, history, etc.

There is a follow button behind each topic, and Robin selected the topics of technology, business, politics, and history.

The first question is:
"What is Quora?"

After Robin clicked in, he saw Zhou Xin's avatar, whose ID was the user answer of Newman Zhou.

　Don't be lazy today!
　　Then there will be more after it is put on the shelves.

　　
　
(End of this chapter)