Reborn multinational giant

After Mary's interview, and with a few people to say a few words of hospitality, they left, Fang Zhe and Ma and other people, stood in the trading floor for a while, then they came out of the New York Stock Exchange, and Ali's executives and partners, together with a photo.

To the day the New York Stock Exchange closed, Alibaba's stock price as high as $93.89, compared to the issue price of $68, up 38.07%, the magnitude of the increase, in all the years of the New York Stock Exchange listed enterprises are quite rare, even last year fire all over the world Huizhong listed, also did not so high stock price gains, visible, U.S. stock investors and stockholders on Alibaba's optimism.

Of course, to say that there is no credit to Mr. and Mrs. Fang Zhe for standing on the stage, that's the ghosts don't believe it, Jun Jun didn't see a lot of investors and stock investors saw Mr. Ma and Mr. Fang Zhe standing shoulder to shoulder together, then directly determined to buy Alibaba's stock faith, last year Huizhong IPO fire they still vividly remember, also regret and regret that they didn't start to buy Huizhong's stock.

A year later, Huizhong's stock has risen more than 50 percent compared with its offering price last year, and its market capitalization is second only to Apple's, at more than $540 billion.

In comparison, Google, the third largest company, has a market capitalization of just over $390 billion.

Alibaba, listed on the stock market, the stock price rose nearly 40%, the total market value is only about $ 230 billion, many shareholders are looking forward to see Huizhong's market value, completely surpass Apple, the world's market capitalization of the first company throne.

In the evening, Fang Zhe and Feng Xue took a private jet back to China, while Ma stayed in the United States, and his schedule included several media interviews and an invitation to speak at Harvard University.

Fang Zhe returned to the country a few days later, the domestic chip industry, ushered in the following Qualcomm and SMIC cooperation is another big news.

"The National Integrated Circuit Industry Investment Fund, also commonly known as the Big Chip Fund in the industry, which was initiated by China Development Finance, China Tobacco, Yizhuang State Investment, China Mobile, and Violet Communications, was officially established and landed!"

The news out, the entire domestic chip industry is heartened, if the Fang Zhe wired Qualcomm and Semiconductor Manufacturing International cooperation, and investment in the establishment of core sheng fund shares in SMIC is only the rise of China's chip industry appetizer, then now the establishment of the chip fund, is a heavyweight main dish.

Large funds, will be the main investment in the chip manufacturing industry, but incidentally, will also take into account the chip design, packaging and testing, equipment and materials and other industries, so compared to the party Zhe set up core sheng fund currently only invested in SMIC chip manufacturing enterprises, the establishment of large funds, more will allow the entire chip industry to profit to the benefits, to taste the sweet.

In addition, many of the chip industry insiders, also with the director of the Datang Telecom in the cast Luo Zhiqiang held the same view, in their view, Fang Zhe, after all, is just a rich capitalist, he is a man's power, can be bigger than the national policy and industrial capital support?

Yes, Fang Zhe's personal power is not as big as the big funds, but the chip industry, obviously not just policy, just funding, just industry support can get, if so, with our country's second world comprehensive national power and the past decades of various support for the chip industry, the chip industry should have been like infrastructure and other industries, to do the world's leading level!

Although Fang Zhe is not as powerful as the big funds, he has various advantages as a wealthy capitalist and born-again person that the big funds do not and cannot do.

Fang Zhe is more than capable of bringing out all sorts of ingenuity in improving and promoting the domestic chip industry, such as, the introduction of key talent in the chip industry!

"Mr. Fang, there is news from Wu Yanbin's side that after months of contact and negotiation by our CoreTech talent introduction team, Mr. Liang Mensong has agreed to return to China and join SMIC, provided we help him take care of the Samsung and TSMC contracts and other troubles such as the bid agreement, as well as SMIC's side, he hopes we have made all the arrangements!"

Li Wen reported to Fang Zhe about the latest progress of Vastsun Fund in introducing talents in the chip industry.

Fang Zhe nodded his head, Liang Mensong is the chip industry's talent, Fang Zhe wants to make good on the promise of SMIC to achieve 14nm chip mass production within three years, one of the most critical talent is Liang Mensong, so no matter what the cost, to let Liang Mensong to join SMIC.

Liang is still working at Samsung, because joining Samsung and helping it achieve 14nm chip earlier than TSMC 16nm chip development success angered its old owner TSMC, TSMC took Liang and Samsung to court under the pretext of non-compete agreement and Liang leaked trade secrets, and demanded Liang be prohibited from working and serving for Samsung until December 31 next year!

The 14nm chip production time announced by Samsung is February next year, compared to TSMC's 16nm chip production time is a few months later than this, Liang Monsong is now caught in the whirlpool of competition between the two companies.

With Fang Zhe's current energy, it's not difficult to solve the trouble between Samsung and TSMC for Liang Monsong.

According to what the team learned from Liang Monsong, the non-compete agreement signed by Liang Monsong and Samsung contains two parts, one is 3 times the annual salary penalty, and the other is compensation for business losses and trade secret leakage.

The former is all about money, Liang is now at Samsung's annual salary of more than 20 million yuan, 3 times the liquidated damages, but only 60 to 70 million yuan, this money for Fang Zhe and SMIC 14nm chip mass production, it is really nothing.

The latter commercial losses and trade secret leakage compensation, this ambiguous thing, the basic lawsuit is to grind the lips of the unit of years, TSMC now launched a lawsuit against Samsung, using this excuse.

In addition, from the current competitive landscape of the global chip industry, Samsung's hostility to TSMC is far greater than SMIC, because TSMC is one of Samsung's direct competitors, and SMIC, at least now is not Samsung in the eyes.

And so, in the previous life when SMIC poached Liang Meng Song from Samsung at the end of 2017, Samsung did not have much opposition and litigation and other actions.

Of course, if Samsung doesn't know better this time, then Fang Chul doesn't mind fully fueling Samsung's upcoming battery explosion door and Prince Lee Jae-yong's plunge into the Korean political storm in the next two to three years.

Helping Liang to solve Samsung and TSMC's troubles isn't difficult, and convincing SMIC's board of directors to appoint Liang as CEO of SMIC isn't a difficult task either.

With the last time Fang Zhe and SMIC's largest shareholder Datang signed a betting agreement, Fang Zhe intervene in SMIC personnel appointments has become easier, as for SMIC's current CEO Qiu Yunci, with his old boss Zhang Rujin's persuasion and SMIC's board resolution, he can only be good enough to step aside.