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Chapter 119 Becoming the world¡¯s largest chip factory

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    What Chen Yao said makes sense, and the brothers in the team agree very much!

    ??What kind of young island model will feel boring after having fun? No matter how fun things are, they will get tired of playing them for a long time.

    A man still puts his career first, especially in the technology industry, which can bring him continuous pleasure.

    Technology is a very attractive thing. It can be constantly upgraded and updated to bring new experiences.

    The purchase of electronic products by modern people has become an important part of life.

    Chen Yao feels that he is relatively lucky. He has opened a technology company and has the opportunity to lead the progress of the times and bring many revolutionary black technologies. The pleasure of life continues.

    The chip threshold must be crossed, and no matter how powerful the black technology is, it must be realized on the basis of powerful chips.

    After the dinner, all the brothers left one after another. Those who didn¡¯t drink acted as Tchaikovsky and sent them home.

    Chen Yao drank some wine, but did not feel drunk, so he pulled away his car and was about to get in.

    "I'll take you back." Guan Xinyan said a little worried.

    Chen Yao thought for a while and got into her car.

    Although there may not be an accident, it would be bad if the police stopped you.

    Guan Xinyan glanced at him and saw that he had not fastened his seat belt, so she put it on for him.

    Sometimes, Chen Yao feels that this senior is like his own sister, and she is quite good at taking care of others.

    She started the car and drove towards his house.

    Chen Yao leaned lazily on the back of his chair and asked, "Have the contract details of the chip wafer factory been negotiated?"

    There are many issues involved in acquiring a wafer fab, and teams from both sides have been in contact and discussing for several months.

    "Well, it's already been negotiated." Guan Xinyan nodded: "Just two days ago, the contract was finalized and is waiting for you to sign."

    Chen Yao did some calculations and found that the company¡¯s account currently has 13 billion yuan. Today it received a 15 billion contract, which adds up to 28 billion yuan.

    It takes 20 billion to acquire a wafer fab, and now there is enough money to complete the acquisition.

    Chen Yao took a long breath, the most difficult financial problem was finally solved.

    The point is, that money is not a loan, but earned directly from the bank.

    Chen Yao was so excited that he wanted to laugh out loud.

    Looking at his expression, Guan Xinyan showed a smile at the corner of his mouth.

    "It's you who would come up with such a trick." Guan Xinyan sincerely admired him.

    ¡­¡­

    The next day, Maxwell Semiconductor Technology Co., Ltd.

    The weather is good today. It is rare to see the blue sky above the factory, and the light in the air is clearly visible.

    Wearing a mask, Chen Yao and factory owner Xu Weidong were walking inside the factory.

    Today is the last time that boss Xu Weidong appears in this factory.

    He is very sentimental about this place. He once had a dream to make the most powerful chip in the world and become a big boss in the technology industry.

    But the reality is more complicated than imagined.

    Not only did the wafer fab he invested in not make any money, it almost brought down his group.

    Currently, only 8-inch wafers have been mass-produced in this factory, while 12-inch wafers have been under development.

    In fact, 8-inch wafers have not been eliminated yet, and the semiconductor industry has a huge demand for 8-inch wafers.

    But the problem is that the Maxwell factory lacks talents and is backward in technology. The cost of the same 8-inch wafer is much higher than that of Samsung and Zhongxin International.

    As a result, the produced wafers cannot open up the market and are sold at low prices, which in turn causes the factory to fall into losses.

    It is a good thing for him to be able to sell the factory for 20 billion now.

    The teams of both parties have been discussing the details of the contract for a long time. The contract has been completed. As long as the two bosses sign, the acquisition can be completed.

    Chen Yao walked into the office and stood in front of the glass round table. He had read the contract carefully last night and there was no problem.

    Immediately, he picked up the signature pen and wrote down his name.

    Xu Weidong had no objection and also signed his name.

    There were a lot of contracts in front of me, and it took 15 minutes just to sign them.

    The signing was completed, and Chen Yao purchased 100% of the equity of Maxwell Wafer Fab with a total investment of 20 billion!

    Xu Weidong put down his signature pen and reached out: "Congratulations, starting from today, you are JingThe big boss of the factory!  "

    Chen Yao shook hands with him: "Congratulations to you too, for making 20 billion."

    Xu Weidong smiled bitterly: "Do you know how much money I invested? Nearly 30 billion! If I sell 20 billion to you, I will suffer a big loss, but you will make a big profit."

    "You can't say that." Chen Yao said: "As far as you are concerned, the factory is irretrievable. Instead of watching it continue to lose money, you might as well sell it to me."

    "Do you have a way to save it?" Xu Weidong knew that the person in front of him was very powerful, but he still had some doubts in his heart.

    ¡°There are only three companies in the world that are doing well in chip manufacturing, including Semiconductor Manufacturing Co., Ltd., Samsung, and Intel.

    In particular, Semiconductor Manufacturing Co., Ltd. leads the entire industry because of its advanced technology.

    As for Intel, it has passed its most glorious era, and its current situation is not very good.

    In short, making chips is too difficult, and it is really not something that ordinary people can do.

    Chen Yao said confidently: "Yes."

    Next, a press conference will be held.

    Chen Yao and Xu Weidong walked out of the office building and stood in front of the building to be interviewed by on-site reporters.

    The 20 billion acquisition is considered the largest acquisition in the domestic semiconductor industry this year.

    Attracted many domestic financial and technology media to attend the interview.

    In front of us, 30 media companies gathered, and the flashlights kept flashing.

    A female reporter with short hair and a red dress first asked: "Mr. Chen Yao, is 20 billion your exclusive acquisition? How did you solve the funding problem?"

    Why did the reporter ask Chen Yao first and not Xu Weidong?

    The reason is very simple, because Chen Yao is younger and more handsome.

    Look, they are the same boss, and they are standing on the stage, but Chen Yao is more eye-catching than Xu Weidong.

    Chen Yao responded: "It is an exclusive acquisition, obtaining 100% controlling interest, including 100% voting rights."

    ¡°The funding problem has been solved. Legend Company¡¯s blockchain business has provided the company with a steady flow of funds.¡±

    The female reporter continued to ask: "Faced with the current predicament of the factory, what can you do to bring it back to life after acquiring it?"

    Chen Yao said with a smile: "There are definitely ways. The factory will still retain two 8-inch production lines, but the technology needs to be upgraded so that we can make more market-competitive wafers."

    "In addition to 8-inch, 12-inch wafers must also be launched. 12-inch wafers are already mainstream in the world today, and about 70% of wafers are 12-inch."

    In the chip production industry, the bigger the wafer rod, the better, which can reduce the cost of subsequent chip production.

    The most powerful companies in the world now have the largest wafer rods that can be 12 inches. Whether it is Samsung, Intel or Semiconductor Manufacturing Co., the most powerful ones are only 12 inches.

    Chen Yao¡¯s next words shocked all the reporters present!

    He said with confidence in his voice: "In addition to 12 inches, we will also explore 18-inch wafers. We will strive to build the world's first 18-inch production line!"

    Chen Yao is indeed not an ordinary man, he is as big as 18 inches!  (Remember the website address: www.hlnovel.com
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