Galaxy Technology Empire

Chapter 84 The Death of Semiconductors

The busy month of May slipped away quietly.

Then comes an even hotter month of June.

There is even more hot news. Shanghai Xinsheng Semiconductor Technology Co., Ltd., with Dr. Zhang Rujing, founder of SMIC, as general manager, is responsible for the 300mm large silicon wafer project.

Major personnel changes occurred on June 10: Dr. Zhang Rujing's three-year term ended, and the board of directors decided that Dr. Zhang Rujing would no longer serve as the general manager of Shanghai Xinsheng Semiconductor Technology Co., Ltd.

Wang Fuxiang, the early investor representative of Shanghai Xinsheng Semiconductor and the chairman of Shanghai Xinyang Semiconductor Materials Co., Ltd. who also served as the chairman of Xinsheng Semiconductor, also resigned at the same time.

Dr. Zhang Rujing and Mr. Wang Fuxiang continue to serve as directors.

According to official sources, the reason for this adjustment is that Dr. Zhang Rujing’s term expires on May 30, 2017, and will not be renewed after expiration.

However, there are also voices indicating that this is mainly due to the current pressure from employers to mass produce as soon as possible.

The current leader, Mr. Zhang Rujing, gave Dongtang’s local suppliers too much time to improve their yields, which resulted in the extension of Xinsheng’s mass production time.

How anxious is this? Is the current national-level investment in the semiconductor industry aimed at making money or at trying to improve the overall technical level of the industry?

In addition, information from multiple channels shows that the date of this decision was early last week, but the decision was not made by Dr. Zhang Rujing and Chairman Wang Fuxiang to resign together. Instead, the management first proposed to add Nabeel Gareeb to the management, similar to the dual CEO model. One of Dr. Zhang and Mr. Wang Fuxiang offered to resign, and the other subsequently also expressed his resignation.

Huang Junjie looked at the news and immediately narrowed his eyes and thought.

Since the development of Dongtang's semiconductor industry, it has been in a state of constant catching up for a long time, just like Dongtang football.

Since the semiconductor industry is characterized by a long industrial chain, it faced strict blockade of upstream equipment and materials from the beginning of its development and even to this day.

Due to the existence of the Batumi and Wassenaar Agreements, the Daxi Alliance and the Milijia implemented an embargo on high-tech products from the Eastern Tang Dynasty. Generally, they review and approve the products based on the N-2 principle, which is two generations later than the most advanced technology. The process was delayed for some time.

Basically, the technical equipment that Dongtang can obtain will be three generations or even longer than the most advanced ones in developed countries.

There are constraints on the manufacturing process. Although we are struggling to catch up in technology, the bottlenecks are still there. These bottlenecks, which relied on investment by scholars and officials in the early days such as Shanghu Beiling, have fallen behind the current wave of the times.

Mentioning Dongtang Semiconductor reminds people of Dongtang Football. Huang Junjie often remembers two people: Zhang Rujing and Xu Genbao.

At the same time, there is also another group of people: real-power investors (called experts and scholars, but with considerable administrative endorsement, and at the same time, they are also involved in the operation and management of the company) and investors with official backgrounds.

This makes Dongtang Semiconductor and Dongtang Football somewhat similar. Needless to say, Dongtang Football was ruined by someone's tenure. Dongtang Semiconductor has also been influenced by many eager to achieve success in these years.

After Shida was acquired by Taiji Electric in 2000, Zhang Rujing, who had already been able to retire, felt that he had the responsibility to improve the technical level of Dongtang's semiconductor industry.

He came to Dongtang without hesitation and attracted a large number of his colleagues from Texas Instruments and Dongdao colleagues to start businesses in the mainland.

At that time, he not only sold many properties in Mi Li's family and brought his wife and children to the mainland, but also moved his 90-year-old mother to Shanghai.

Huaxin International, founded by Dr. Zhang Rujing, not only made great contributions to Dongtang in terms of chip manufacturing, but also laid out a 12-inch production line in the early 21st century. With his personal resources, he found five major churches in the United States to endorse his character and guarantee what he said. They were all honest and trustworthy, and promised the country's government that Huaxin's products would only be used for commercial purposes and would not be used for military purposes.

In December 2007, Huaxin successfully obtained the production equipment for 45nm products, only about a year later than developed countries such as the Western Alliance. On January 1, 2009, they successfully obtained the export of 32nm production equipment. license.

However, the semiconductor industry, especially the manufacturing industry, as an industry that requires large capital investment, needs state financial support. However, state-owned capital investment means that it is difficult to introduce equipment from Western countries. Without the introduction of state-owned capital investment, it is difficult to obtain state financial support. .

It is hard for Huang Haojie to imagine what kind of persistence and efforts it took for Dr. Zhang Rujing to establish Huaxin International and continue to break through the restrictions and blockades of equipment in the manufacturing process. At the same time, he withstood the pressure from many parties to deploy a 12-inch production line. In the past year, In the past few years, the production capacity of the 12-inch market has already proved his original vision.

In addition to the chip manufacturing field, Dr. Zhang Rujing's greater contribution is to cultivate many talents for the Dongtang semiconductor industry. Now many of the executives, CTO/COO/CEOs of Dongtang Manufacturing and other companies in other fields come from Huaxin International.

At the same time, Dr. Zhang Rujing has always been interested in cultivating local enterprises in Dongtang. If foreign equipment is used, mass production may be possible immediately. However, if the equipment of a local company in Dongtang is used, the yield rate may not be enough. Continuous improvement may take several months or even a year for mass production. Zhang Ph.D.s tend to be the latter, whether it is Huaxin International or newly promoted.

In all this, Mr. Lao did not care about his personal interests, whether it was the shares of Huaxin International, giving up the counterclaim in Dongtang and leaving SMIC in order to settle as soon as possible, or establishing Xinsheng.

Dr. Zhang Rujing is more like an industry evangelist than a profit-seeking entrepreneur.

Thinking of Xu Genbao, he withdrew from the Dongtang football system, founded a football base, and trained the young generation. This should have been a matter for scholars and officials who should have a strategic vision, but it was left to Lao Xu to shoulder the responsibility. He also continued to face financial problems and personal problems. Blood supply base.

During the top 12 competition, Dongtang Football had eight players including Yan Junling and Gu Chao who were produced at Genbao Chongming Base.

But for a long time, Dongtang Football has been too eager for quick success. He is the only one who pays attention to the youth team and does basic things in a down-to-earth manner.

The semiconductor industry should also not be eager for quick success.

However, for a listed company (SMIC), we can still understand the mood of ordinary secondary market investors. The secondary market pursues short-term interests, and a large amount of depreciation on the financial statements results in ugly statements and low market value. This is the leek and analysis of the secondary market. It is difficult for teachers to accept it, and it is difficult for them to have such feelings to fully understand it.

But for an unlisted company, a 300mm large silicon wafer project that has just been put into construction is currently recruiting talented people with the founder's personal influence. How many upstream and downstream industries in Dongtang can be driven by using this project? The company developed together and mass-produced a little later, but the management was so strange that they couldn't sit still.

There is a global wafer shortage this year. Sumco, a major Japanese wafer manufacturer, refused to supply Wuhan Xinxin, giving priority to Intel, Taiji Electric, Micron and other companies.

Dongtang has seen the importance of silicon wafers, but how can the production process of silicon wafers, specifically the production equipment, be directly purchased overseas?

Precisely because it is important, it is even more important to make it as localized as possible. Others can cut off the supply of wafer, but can’t they cut off the supply of equipment?

The semiconductor industry is an important tool of the country. For this reason, in key industrial projects, the mass production indicators should be biased towards promoting local enterprises in the upstream and downstream industries.

Huang Junjie thinks this is an opportunity, even though Zhang Rujing is a Chinese American and a native of Dongdao.

But Zhang Rujing is definitely biased towards the Eastern Tang Dynasty.

Huang Junjie decided to make an exception for him and picked up the phone:

"Hey! Lao Li!"

"Mr. Huang."

"Please help me make an appointment with Zhang Rujing, who has just resigned from Xinsheng Semiconductor. I plan to go and meet him." Huang Haojie ordered directly.

"Okay, when will Mr. Huang go to see him?" Although he was very confused about Huang Junjie's unconstrained style, he followed the instructions.

"The faster, the better! I'll take the high-speed train to Shanghai tomorrow."

"Okay, I'll arrange it as soon as possible."

After hanging up the phone, Huang Haojie wrote about semiconductors on a piece of scratch paper, and then about room temperature superconductors.

In fact, the quantum computer chip Huang Haojie obtained from parallel space and time is a superconducting quantum computer chip.

But in fact, before superconducting quantum computer chips, there was a brief period of superconducting electronic chips in parallel space and time.

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