Reborn multinational giant

Chapter 659 - TSMC's Response

"The Chief Minister Fang has pulled strings and Qualcomm and SMIC have entered into an unprecedented partnership!"

"Fang Zhe as a red bride? Qualcomm gives 50 million chip foundry orders to SMIC!"

"Shocker! Fang Zhe has made his move, the spring of the domestic chip industry has come!"

"For the first time in the domestic chip industry, SMIC will foundry mainstream commercial mobile phone chips!"

"Did Chief Fang make a chip? Come and see how great this new CoreShares fund really is!"

"Fang Zhe has ventured into the chip industry and become the third largest shareholder of SMIC!"

CCTV News, CCTV Finance, People's Daily, Xinhua News Agency, Global Times, UC Headlines, Today's Headlines, WeChat News, Beijing News, Sina Finance and so on and so forth, all sorts of news media, in a very short period of time, pushed these news and information to the nation's netizens.

The netizens across the country who saw these news also blew up.

"Thank God! I've been shouting on the internet for years, and the richest man in Fang is finally making chips!"

"Chief Fu Fang is awesome! SMIC is awesome! The domestic chip industry is awesome!"

"The richest man is the richest man, with a big order for 50 million chips, SMIC has been suffering for so many years and finally looks forward to spring!"

"My intended is a Gestapo hero, and one day he'll come on a seven-colored cloud and marry me with a big order for 50 million chips!"

"Fang Zhe is so awesome that even Qualcomm has to kneel down and call his dad!"

"Fang Zhe is so abdominal that he quietly became the third largest shareholder of SMIC! What I'm trying to say is, why isn't it the largest shareholder?"

"TSB, just ask if you're panicking?"

The country's netizens a hot and excited, especially many inner hated the domestic chip industry does not compete, the heart is even more heartened, Fang Zhe began to do chip, long no improvement in the domestic chip industry ushered in the spring and hope!

That evening, the CCTV channel's news program deliberately spent three minutes briefly broadcasting this signing ceremony, Fang Zhe's handsome face and easy answers, once again conquered many middle-aged and elderly women in the country who do not have much Internet access.

"It is understood that, in addition to the cooperation agreement that led to this signing ceremony, CoreTech Fund will also invest a huge amount of US$2 billion, or nearly RMB 14 billion, in SMIC in the next six months to help SMIC transform and upgrade its existing production lines and expand its production capacity, as well as the introduction of talent training and top chip technology talent.

In addition, we also learned from the relevant state departments, led by the cooperation of relevant government units, several state-owned assets investment funds and central enterprises, state-owned enterprises jointly funded the establishment of the national integrated circuit industry investment fund will be set up in the coming months.

By then, there will be hundreds of billions of dollars of related funds and leveraging hundreds of billions of local government and corporate funds poured into the domestic chip industry, providing ample ammunition for the development of related enterprises and industries.

Some commentators believe that this time, the domestic chip industry, will usher in a real spring!" Haixia, the host of the news feed, broadcasted the message in a calm and magnetic voice.

Many local government leaders, enterprise leaders, industrial investment fund managers, and many stock investors, who pay attention to the news feed every day and listen to the policy wind, suddenly realized that a huge opportunity and windfall is coming!

Early the next morning, the stocks and funds of various domestic chip industry-related companies from SMIC to Ziguang Guomei, all started to soar and rise!

The news of Qualcomm and Semiconductor Manufacturing International (SMIC) holding hands and of Fang Zhe becoming SMIC's third largest shareholder bombarded mainland media and netizens.

In the TSMC headquarters on the opposite shore of Treasure Island, Zhang Zhongmou, who is already more than 80 years old and making his second appearance as the godfather of Treasure Island's semiconductors, sat in a reclining chair in his office, quietly examining several TSMC executives standing in front of him.

"If chips can be made if money is thrown at them, TSMC would not have gotten to where it is today, the mainland is ultimately the second, as long as there is the United States, the mainland can't even buy the most advanced machines, how can they make the most advanced chips?

For this kind of news, just look at it, it is not sure how many times the mainland has engaged in this kind of news, spring one after another, help the Ah Dou is the Ah Dou that can't afford it."

Zhang Zhongmou spoke in a calm and gentle tone to several TSMC executives, these people have followed themselves for so many years, did not expect that they were still not calm and steady enough in encounters.

"Yes, chairman, I also agree that the mainland's chip industry is a can't help Ah Dou, we don't need to worry too much.

But I think, SMIC just take a large sum of orders that should belong to us, if we do not show, would not appear that we are afraid of him, then the next time we encounter this kind of thing, who think we TSMC easy to bully, want to steal meat from our rice bowl to eat.

That's why I think we should find a way to hammer SMIC and firmly deter this from happening again." A senior executive explained.

The other executives nodded their heads in agreement, and Zhang Zhongmou thought about it and said.

"This time, I think there are too many coincidences, Qualcomm wants the mainland to loosen up on the antitrust case, which is why it's cheaper for SMIC, and after a while, I don't believe Qualcomm will be willing to bother to work with SMIC.

However, to be on the safe side, we also need to put pressure on Qualcomm, and if this happens again, we'll make chips for them and always arrange them behind Apple, and I don't believe Qualcomm doesn't know the importance.

In addition, I think we can build a few more factories in front of SMIC's factory in the mainland, even if we can't eat its market, we still have to grab its talents, the lion fights the rabbit still uses its full strength, even if SMIC can't catch up with us.

We need to slow it down too!"

In his opinion, although the mainland is advocating fiercely, how much it can do is a big question mark.

In his opinion, this young man who has achieved so much by luck is really so lucky that he doesn't know how high the sky is, and thinks that he can do the chip if he can do the Internet. Hilarious!

Zhang Zhongmou and TSMC's disdain and response to Fang Zhe and SMIC is unknown to Fang Zhe, and he doesn't have the heart to think about it at the moment, he is now sitting on the board of directors of SMIC, doing his best to talk or, rather, play with the directors who represent the other two major shareholders of SMIC!

"Mr. Fang, I acknowledge that you have the ability and means to get so many shares of SMIC and to bring such a large order for SMIC, and I and the other board directors, representing the shareholders behind us, welcome you to join and thank you for your contribution to SMIC.

However, this is no reason for you not to transfer your shares proportionately.

The Great Fund is led and invested by several departments above and several national funds and enterprises, its background should be clear to you, and even our Datang has been good enough to give up some of its shares, not to mention you."

Luo Zhiqiang, the director of Datang Telecom, the largest shareholder of SMIC, addressed Fang Zhefa.