My Age of Investment

   Chapter 766

  It was already afternoon after the meeting, and Xia Jingxing went to Northern Lights Venture Capital.

  Deng Feng smiled and greeted Xia Jingxing into his office, and asked the secretary to make two cups of tea.

  "Have you just returned from the United States today?"

  Looking at Deng Feng with a kind smile, Xia Jingxing nodded, "Yes, I will visit you as soon as I come back."

   "I don't believe you have such a leisurely mind, let's talk, what is it?"

  Xia Jingxing took a sip from his teacup, “It’s okay, I just plan to come out in the semiconductor industry, and I want to ask the industry to help.”

   "What a big deal for me."

  Deng Feng shook his head, and then said: "You plan to invest heavily in semiconductors, how do you think about it?"

  Xia Jingxing briefly talked about the dependence of his own industrial industries on semiconductors. At the same time, he also expressed the pain that semiconductors are controlled by others. Finally, he also looked forward to the various investment opportunities contained in the semiconductor industry.

   "Yes, the mobile phones, cars, and home appliances you invest in all need chips..."

  "Semiconductors have always been the death of the nation. When Wu Ping returned to China, the second-in-chief of the Ministry of Information Industry confided to him: China, which has the world's most mobile phone users, must import all core mobile phone chips from the United States and Europe.

  That’s why he led a group of Tsinghua alumni in Silicon Valley to start an exhibition in Modu together.

  The domestic foundation is too poor, and there is a very lack of engineers with semiconductor design experience. There are almost no high-end talents. 3G standards are available, but only 2G chips can be made. "

  Deng Feng is considered the first venture capitalist to invest in semiconductors at this time. He understands the dilemma of the industry well, and rants to Xia Jingxing.

  "After finally recruiting some overseas talents, Spreadtrum finally opened its doors vigorously.

  But do you know how difficult it was for them to survive early?

  Opponents are all industry predators such as Texas Instruments, Motorola, Siemens, and Philips. It is difficult for them to receive orders from major international brands such as Nokia, Ericsson, and Motorola.

Fortunately, there are a large number of domestic manufacturers who have no technology and experience but want to produce mobile phones. Spreadtrum can provide them with a complete set of "total solutions" from chips to software, to printed circuit board and chassis design, and certification testing. Become an OEM manufacturer of "cottage" mobile phones.

  Spreadtrum, a chip design company, was forced to become an independent IDH mobile phone design company. Do you think this is fair? "

  Xia Jingxing listened happily, “Make money, it’s not shaky. Only if you survive, you can talk about poetry and the distance.”

  Deng Feng was choked and half dead, and he couldn’t talk this day!

   "Hey! What you said is right. If the war is over, the current situation of domestic semiconductors is just like this. You can only do some sideline business to support the research and development of the main business."

Hearing this, Xia Jingxing sighed silently in his heart. The general environment is like this. One person, two companies, one company and two companies simply cannot reverse the decline of domestic semiconductors.

  To change, we must first start with the basic ecology. We don’t even have the most basic talents, so we have to make wool.

"Furthermore, Zhu Yiming. He was previously engaged in memory chip development at Silicon Valley Monolithic System Technology (MST). He said that he wanted to return to China to build the first mobile high-speed memory chip. However, there are still shortcomings in the start-up capital. Several of our seniors gave him Collected 920,000 US dollars.

   Fortunately, you invested a sum of money in him, otherwise he might have to do some sideline business now. "

Deng Feng sighed, with a sour tone, "They are all young people with dreams. They are willing to give up high-paying and stable jobs in the United States and return to China for semiconductors whose future is uncertain. Not everyone has the courage and determination and deserves to be treated with courtesy and kindness. ."

  Xia Jingxing nodded. Although this kind of entrepreneurship must be selfish, it fills the gap in the domestic industry and is commendable.

  In the past life, Zhu Yiming’s Zhaoyi Innovation did indeed create the first domestic mobile high-speed memory chip, becoming the first domestic company to mass-produce mainstream memory, breaking the monopoly of the United States and Japan in this field.

  "The big semiconductor fund I plan to establish is to improve the current domestic semiconductor entrepreneurs’ financing difficulties and high financing issues.

  When these obstacles are cleared, do you think the Tsinghua students in Silicon Valley are willing to return to China and make a fortune? "

  Xia Jingxing stared at Deng Feng with piercing eyes. Tsinghua is indispensable to engage in semiconductors in China. He wants Deng Feng, a well-known Tsinghua alumnus, to join his plan to help contact and communicate with all parties.

  Deng Feng gently shook his head, “Not everyone is willing to give up the excellent life abroad. After going abroad for so many years, some people have long since given up the ideal of “serving the country”.”

  Xia Jingxing was silent, and Deng Feng said the truth. At this time, the United States is still a lot ahead of China. The coat of beautiful country has not been stripped off. Many people are unwilling to return to China. Salary and employment environment are only one factor.

   "There are many international students around me, and some have settled in the United States a long time ago."

  Xia Jingxing raised an eyebrow, “When I return to China, I will solve the problems of housing, settlement, and children’s schooling for them, and even his spouse’s work can help solve them, so that they will not be worse than the United States.”

"you sure?"

  Deng Feng looked at Xia Jingxing with a suspicious look.

   "I'm sure, of course, the premise is that you must have extraordinary skills, and you have to bring a few students to the company after returning to your country."

  Deng Feng shook his head and laughed, "Then your cost is too high. Intermediate engineers in the microelectronics industry have an annual salary of more than $100,000 in Silicon Valley. Can you give an annual salary of 800,000 yuan?

  You must know the domestic salary level. If you give such a high salary, the products produced in the early stage are very low-end and cannot be sold at a price. How can the company maintain it?

  So, this seems to be a nearly unsolvable problem. "

   "Because of this concern, many people dare not invest in semiconductors, and a large number of talents are lost overseas."

  Xia Jingxing smiled and said: "I don't believe in this evil, vigorously will inevitably produce miracles."

  "Do you want to subsidize this wage gap until the company's products catch up with foreign countries?"

   Seeing Xia Jingxing nodded, even though he was as gentle as Deng Feng, he couldn’t help but said, “Fuck! You are throwing money into the sea! Have you considered the risk of failure? It’s too irrational.”

  Xia Jingxing shook his head, "No one has come forward anymore. Everyone is watching. When I want to catch up with foreign countries, I have to pay more accounts than today."

   "Okay! You are awesome, I am really convinced."

After spitting out, Deng Feng couldn't help but persuade again, "Really want to be so cruel?"

  Xia Jingxing sighed, “It’s not okay if you don’t be ruthless. Without this spirit of not being mad and not alive, you can’t make a **** road in the high-threshold semiconductor field.”

   "Well, you have to plan well and don't get yourself into it."

  Deng Feng said earnestly, he is a person who really understands the industry and knows what kind of mountain Xia Jingxing is facing. Just seeing it, many people can't help but dispel the idea of ​​climbing.

  He deeply admires Xia Jingxing's courage and determination.

  Xia Jingxing asked: "I have solved the worries of talents from all aspects. Do you think they are willing to return to China?"

  Deng Feng continued to shake his head.

  Xia Jingxing scratched his head, "The United States is really so fragrant. There is nothing I can't give up to those who enter and leave the upper class in the United States every day. Is it so attractive to them?"

  Deng Feng sighed, "You want to make a mistake. The United States respects technical posts and engineers, but China treats management preferentially."

   "Well, I have founded an American business. It can definitely be avoided here."

  Deng Feng asked: "Then what about the companies you invest in? You can control all aspects of them?"

  "To take my money, you must make changes according to my requirements."

  Deng Feng shook his head and sighed, "You, you are still too young. The country is a big dye tank. The whole society must maintain a culture of respect for technology.

  Science, agriculture, industry and commerce, the cultural accumulation of thousands of years is not so easy to completely eradicate. "

  Xia Jingxing was again argued into silence, because Deng Feng was right again. Craftsmen have not been so respected since ancient times, and they can only say that they are getting better.

  In the eyes of most people at this time, supervisors and managers seem to be more popular than engineers and programmers. After all, they are officials.

   "No matter what, I have to do this. You should also be able to see how impressive the semiconductor industry is. The domestic market alone can breed a dragon."

  Deng Feng nodded, "I know that, but underneath the beautiful appearance is a vast abyss, and it's dangerous if you step on it."

   "Investment is like this, opportunities and risks coexist."

  Deng Feng looked at Xia Jingxing and said with a smile: "Okay, then I would like to ask Mr. Xia, what can I do for you."

   "It's over!"

  Xia Jingxing waved his hand, and then said: “I want to work with you. You mobilize the energy of Tsinghua’s alumni circle in semiconductors. I will provide most of the funds. Together, we will build a whole semiconductor industry chain in China.

  It’s okay to be behind temporarily, first solve the problem of nothing, so as to retain talent.

  With people, there is always a way to break through patent and technology blockade. "

  Deng Feng raised his hand, "First declare, I don’t have money with you, and I have to raise a child. I can’t play with you too much. It’s absolutely no problem to be a soldier waving the flag and shouting."

  Xia Jingxing smiled and said, "Don’t grind, you just want to do it?"

  Deng Feng smiled and nodded, and even said a few words "do".

  (End of this chapter)