My Age of Investment

   Chapter 1101 Route Change

   "Mr. Xia, here!"

  Looking at Liang Mengsong standing in front of the factory office building not far away and waving his hand vigorously, Xia Jingxing hurried over as if he had seen the savior.

  A large group of reporters behind him also wanted to rush into the office building, but they were blocked by a dense human wall made up of bodies by a large group of security guards.

  The reporters tried to rush in a few times, but they found that these sturdy security guards were like rocks on the coast, they couldn't move, so the reporters had no choice but to leave.

  Looking at Xia Jingxing, who had loosened the collar buttons and panted heavily, Liang Mengsong felt funny in secret, and while asking people to hand over mineral water, he joked with Xia Jingxing.

   "Mr. Xia, you are more sought after than celebrities now! The reporter saw you with a golden light, which can be called the headline of walking."

   "Hahaha~, am I making my debut now, too? The all-around player with a cannon."

  Xia Jingxing replied, wiping the sweat from his forehead, then he unscrewed the mineral water bottle and took a big gulp, feeling that his body immediately became more comfortable.

  This group of reporters are also quite professional, and they may have run half a mile after chasing him, and they have a taste of swearing to stop.

  Listening to the boss’ humorous words, Liang Mengsong couldn’t help laughing.

  Seeing Xia Jingxing and Fuxing Semiconductor have received such great attention from the media, he also has Rongyan in his heart. This at least means that their work in the past year has been recognized to a certain extent.

  At this time, a large group of shareholders, including Chen Hong, Deng Feng, Zhu Min, were talking and laughing towards the office building.

  After a group of people approached, Chen Hong smiled and patted Xia Jingxing’s shoulder, “It’s good to be young. I can’t escape such a big encirclement if I change my old bones.”

  Deng Feng also gave Xia Jingxing a thumbs up, "Jingxing, you have explosive sprinting power. It's a pity not to participate in the Olympics."

  Others also joked. They just saw the scene of reporters chasing Xia Jingxing, and couldn't help laughing on the spot.

   "Bosses, big brothers and sisters, don't tease me anymore, I don't want to have a meeting later, it's not good to keep spending time with reporters."

  Zhu Min moved in his heart and asked: "Jingxing, you just said that you have been listed in the top 500 in the world for ten years. It shocked me. Are you serious?"

  Hearing this, other shareholders turned their attention to Xia Jingxing, and everyone was very concerned about this matter.

  Xia Jingxing groaned for a moment, and then sighed suddenly. Just when others thought he was going to introduce him, he said: "Let’s talk in a meeting later!"

  Everyone laughed dumbfounded and stunned their appetites, but they weren’t eager to understand it for a while, and Xia Jingxing would naturally give them a reasonable explanation later in the meeting.

  A group of people stood at the door for a while. After gathering Deng Yuanyun, Li Guangnan and others, Liang Mengsong led them upstairs to the meeting room.

  After everyone sat down, Xia Jingxing did not preside over the meeting in person, and handed it to Liang Mengsong in charge.

  "The equipment of the first production line of Fuxing Semiconductor Magic City Factory has been installed and put into production today..."

  Liang Mengsong first briefly introduced the development of the company, which is similar to the speeches made by the media and employees, which is good news.

   Then he talked about bad news, or some objective problems.

  Because all shareholders and group representatives are present, there is no need to shy away from morale-damaging and confidence-damaging things.

  "We plan to officially enter the operation stage next month, which is equivalent to saying that the pot holder is ready. The next step is to put rice in the pot, which is the order.

  HiSilicon and Spreadtrum intend to hand over some orders for 90-nanometer products to us for OEM. This part of the order is not enough for the No. 1 production line of the Magic Factory to operate at full capacity, which means that some capacity is idle. "

  Hearing this, some people turned their attention to Xia Jingxing. Didn’t you say that the demand for orders was in short supply?

  Xia Jingxing's face was not red and his heart was not beating, and said: "This is an extremely normal phenomenon. How could it be possible to burst production at full capacity as soon as it came up."

  The 90-nanometer chip has just been taped out and belongs to the technical verification stage.

  After passing the certification of HiSilicon and Spreadtrum, the factory will start mass production only after the process is confirmed to be mature.

  In addition to these two Chinese companies, Fuxing Semiconductor has also contacted many international manufacturers this year.

  However, due to the lack of fame of Renaissance Semiconductor, its technical strength has not been recognized by the industry for the time being, and many potential partners are still waiting to see.

   Therefore, our short-term task is to smoothly put the orders of HiSilicon and Spreadtrum into large-scale production, win the trust of the two partners, and win the initial recognition of the industry. "

  Hearing this, many people present nodded unconsciously, not only in chip manufacturing, but also in other industries. Why do you, a new company that is just emerging, trust you and give you orders?

  Xia Jingxing continued: “The home appliance chip design under the Fuxing Industry Holding Group, such as Skyworth’s video codec chip, is being jointly developed with HiSilicon;

  Fuxing Industry invested companies, such as Spreadtrum’s baseband chips and radio frequency chips, Ingenic’s flagship CPU chip, and Vimicro’s web camera processing chips, etc. These are all potential customers of Renaissance Semiconductor.

  Of course, potential customers naturally include the revival of mobile phone chips that currently seem to have the greatest market potential.

  However, Fuxing Semiconductor is unable to accept its orders for the chips of Fuxing mobile phones for the time being, and the craftsmanship does not meet the requirements. We are currently entrusting Samsung to help us design and manufacture.

  Some time ago, Fuxing Semiconductor established a chip design center in Silicon Valley, USA. It is believed that in the near future, Fuxing mobile phones will be able to use our own design and manufacture of mobile phone processor chips. "

  Everyone present was thinking silently in their hearts that Xia Jingxing’s remarks have actually outlined the future development blueprint of Fuxing Semiconductor.

The huge industries under the Fuxing Industrial Group, such as mobile phones, home appliances, drones, and automobiles, all have huge chip requirements. Design and manufacturing orders can work towards self-sufficiency, which means that the business will be rejuvenated by its own brother company. Semiconductors do it.

  It is not necessary to not introduce the external chip supply chain at all, but the most important chip components, components related to product performance, such as mobile phone processors, must be self-developed, and you must be in your own hands to be assured.

  Optical digestion of this part of the order within the group can make Fuxing Semiconductor alive and well.

  In addition, the Fuxing Industry Industry Fund has also invested in a large number of external chip design companies, such as Spreadtrum, Ingenic, etc. These are all customers that Fuxing Semiconductor can win.

  Relatively speaking, the stability of these companies “affected by the investment and influence of Fuxing Industry” is certainly not as stable as that of other subsidiaries and business groups of Fuxing Industry.

  But after all, everyone has a hint of incense. Under the same conditions, should the first choice be to cooperate with Fuxing Semiconductor?

  Thinking about it this way, everyone found that Xia Jingxing’s "orders in short supply" just said in front of the media is really not an exaggeration. It is that Fuxing Semiconductor is not very competitive for the time being, and there is no way to digest the various resources held by the group.

  Chen Hong asked: “Fuxing Semiconductor has set up a chip design center in Silicon Valley. Will it also set up similar departments in China?

  If it enters chip design on a large scale, Fuxing Semiconductor will change from the Foundry model to an IDM model that integrates chip design, chip manufacturing, chip packaging, and testing. "

  Xia Jingxing nodded lightly, “Yes, we used to take the route of Wandian and Huaxin International, but now we have changed to the route of Samsung and Intel.

  The reason does not need to be explained too much. Before, there was no such thing as a chip foundry. This model was created and carried forward by Zhang Zhong of Gulf Power.

  This development model only needs to concentrate all energy on the “manufacturing” link and concentrate on doing one thing.

  If it achieves the world's number one position in this subdivision of manufacturing, it will not be worse than any chip manufacturer.

   Samsung and Intel have always adhered to the IDM model that is more bloated, larger in investment scale, and lower in return on capital. This is because they have their own industry groups and they have the strength to support them. Why should they give up the fat? "

  Chen Hong chuckled: "Then do you think Fuxing Industry has the strength to support it now?"

Xia Jingxing didn’t make any sloppy eyes, and answered very sincerely, “We are still a bit weak now. Many of our industries are still in the growth stage. Take the best-developed Revival mobile phone for example. Last year’s sales volume was only 200. More than ten thousand.

  When the annual sales volume reaches tens of millions, it can be called the mature period of the business.

  However, it is obviously impossible for us to deploy the semiconductor business at that time.

  Because you have not waited for you to finish the layout, the industry status and market share of mobile phones have fallen, because you have no technology and cannot cope with fierce business competition and various political factors. "

Chen Hong smiled and nodded, "I just ask, whether it is the foundry model or IDM, I support it, but we are all small shareholders, and there is not so much money to support the development of Fuxing Semiconductor. You are under pressure. It may be bigger."

  Xia Jingxing smiled slightly, “Didn’t the Renaissance Industry Industry Fund all begin to be formed? The first phase of the fund has also been raised, and they are all starting to operate.

  After more than 90 billion yuan of funds are in place, it is a big deal to invest more in Fuxing Semiconductor.

  As long as we survive a difficult period, the situation behind will definitely get better. "

  (End of this chapter)