How many times? Lan
It seems like two days, Babu Zhahe (bastard)!
Li Fuzhen opened his eyes suddenly. With the remaining fatigue from last night, he stood up lazily. His hair was disheveled but his face was particularly rosy. He got out of bed wrapped in a sheet and walked to the balcony to open the window.
Along with a cool breeze, the sun shone on her face, and her previously dull skin became radiant again, like a ripe purple grape, making people salivate.
However, hers was almost eaten alive by Mr. Lu.
"Fortunately, it's been safe these days, otherwise I would have been killed by him again..."
Before Li Fuzhen finished speaking, the landline phone in the suite rang, and the caller's secretary reminded him responsibly:
Set off back home this afternoon. Lan
After being on a business trip for nearly two weeks, the mission assigned by Li Jianxi was obviously in a dead end. He could not be persuaded by words or sleep. Mr. Lu really refused to take hard and soft advice, so there was no point in staying any longer.
Fortunately, this trip was worthwhile, and I gained far more than I lost.
"You brat!"
Li Fuzhen cursed angrily and turned around to see a glass of water on the coffee table. The water was still warm. On the base was a contract folded into tofu cubes and a note.
Recognizing it at a glance, the handwriting belonged to Lu Fei.
It actually said that the contract was the licensing agreement she had dreamed of!
Lu Fei will not let her return without success. Only if her ability is recognized by Li Jianxi can she be further promoted to the consumer electronics department, Li Jae-yong's core sphere of influence. Lan
3D NAND flash memory is a stepping stone to climb up.
"Babu (fool)."
Li Fuzhen's surprised eyes were mixed with complicated emotions. As a chaebol, she had long been accustomed to being cold-faced and ruthless, and killing each other.
How can we talk about relationships when talking about business?
But when I opened the authorization letter and looked at it, I couldn't help but curse in my heart, damn A Fei! Give me back my tears!
The conditions for technical cross-licensing are clearly written on it——
Want it? Get the core patents of OLED and AMOLED panels in exchange! Lan
"Mr. Lu, Shenyueguang really needs panel technology."
Hu Yuhua looked at Lu Fei, who was sitting on the high-backed leather chair, "But if we change it this way, wouldn't we suffer too much?"
Lu Fei smiled and said: "Suffering a loss? Do you think it's not worth exchanging OLED and AMOLED patents for 3D NAND flash memory?"
"certainly!"
Hu Yuhua nodded without thinking, "NAND flash memory was originally created by Toshiba. The reason why it was overtaken by Samsung was because Samsung was the first to develop 1GB memory and firmly occupied the world's number one market share?
Now we have made a direct breakthrough from 2D to 3D. Coupled with the advantages that NOR flash memory has achieved, we have every chance to unseat Samsung! "
"What you said is not unreasonable." Lan
The corners of Lu Fei's lips raised, "But what if I tell you that the BISC technology Toshiba and we cooperate with has flaws?"
"No, Mr. Lu? What are the flaws?"
Hu Yuhua's eyes widened.
"Several key data obtained from our experiments are completely different from Toshiba's, and the difference is not even a little bit different."
"Are you saying that Toshiba has falsified data again?"
"The word "again" is used correctly! "
Lu Fei curled his lips in displeasure. Japanese companies had long been a habitual offender in falsifying technical information and research data. They were deceived during the honeymoon period. Equipment, parts and even raw materials were all tampered with. Lan
The Three Gorges Project almost invited bids for fake neon steel.
Bullshit craftsmanship!
Toshiba simply cannot make effective BiCS. Originally, the entire process was achieved by alternately depositing oxide (SiO) layers and polysilicon (pSi) layers, and then forming a channel hole in this layer stack and filling it with oxide-nitride-oxide thing (ONO) and pSix.
Then the photoresist is deposited. After a continuous etching process, the photoresist is trimmed and etched to create a step to form an interconnection.
last one
In the next step, a trench is etched and filled with oxide.
However, the problem lies either in the third step of photoresist etching or in the tape-out and packaging testing. Even if it succeeds by chance, a rough calculation will reveal that the yield rate is simply appallingly low——
Only 6.3%! Lan
"Mr. Lu, doesn't Toshiba have an explanation?"
Hu Yuhua said angrily: "We have already spent US$220 million on this project!"
"What can you say?"
Lu Fei clenched his fists, and the backlog was on fire: "Toshiba's chief technical engineer in charge of this project cut his wrists and was hospitalized, the accountant fell on the train and died, and this bastard Nishida bent over and said "Red bean paste Smith Marseille" and wanted to deny it. , Damn, how can it be so cheap! I suspect that this group of little neons formed a group to deceive us and have been embezzling R&D funds behind the scenes. "
"Isn't this too shameless?"
Hu Yuhua never expected that Toshiba could be so shameless, and he was speechless for a moment: "Then wasn't our hard work in vain?"
"Hahaha, it's not in vain." Lan
Lu Fei's anger turned into joy, "If Toshiba dares to do this, isn't it just bullying me, a person who is incompetent in logic?
What a coincidence, we actually have people!
Zhu Yiming felt that gate first would not work. Could he try gate last, alternating oxide layers and nitride layers? As a result, they actually worked out a new process that was different from "BiCS", called "TCAT", TerabitCellArrayTransistor. "
(ps: Samsung is using this process)
"Mr. Lu, how were the results of the tape-out and beta testing?"
"It's quite impressive, the yield rate has doubled."
"Oh my god!!"
Hu Yuhua took a breath. If this technology develops smoothly, it will be fully qualified to be selected for the National Science and Technology Progress Award.
And, at least it’s the second prize!
"Shhh, it's a secret stage. Didn't you even watch the celebration party?" Lu Fei made a silent gesture, "Toshiba won't know that we secretly set up a new project team behind their backs, and it's exclusive. Now you think Is this money spent unjustly? Is this technology cross-licensing a loss?”
"Mr. Lu, you are killing three birds with one stone!"
Hu Yuhua was excited with a hint of admiration. Although the money was stolen and the project was corrupted, Toshiba helped Fuxin cultivate a group of high-tech talents in flash memory chips.
It is this group of people who have the TCAT process.
Moreover, the BiCS process is not worthless. If Samsung agrees to authorize it, it will not only exchange for technical cross-licensing of OLED and AMOLED panels, but also mislead Samsung’s flash memory research and development direction. You must know that from thorough information, to building tests, to corrections and improvements , it would be impossible without three to five years. Lan
Isn’t this a good opportunity for the development of composite core?
"What is virtual is what is real, what is real is what is virtual."
Lu Fei's export is "Sun Tzu's Art of War".
Hu Yuhua was surprised and worried: "But will this be detrimental to Ms. Li Fuzhen? If Samsung agrees to technology exchange, BiCS's process defects will definitely be discovered in the future. As the person in charge of introducing technology, will she... "
"Check it! We must check it! We must find it out ruthlessly!"
Lu Fei's expression was serious, "If we don't investigate, how can we prove that logic is also a victim? If we don't prove it, how can we expose Toshiba's data fraud? If we don't expose it, how can we join forces with Samsung to retaliate? Samsung will definitely understand, it's not like they haven't been betrayed by Toshiba Damn it, how do you say that, the friendship between China and South Korea depends on neon."
"What about Miss Li?" Hu Yuhua asked. Lan
Lu Fei raised his left leg and put it on his right leg, "When the incident happened, she was not in the foundry department. She should be in the consumer electronics department. Even if it is to settle old scores, Li Jianxi personally issued this order. Li Jianxi cannot be ruled out. Jae Rong was also involved, she was just following orders, so if you want to blame her, you can’t blame her.”
No wonder I had to go see him off at the airport. It turns out there was something wrong in my heart...
Hu Yuhua felt that it made sense and could not refute it for a moment.
"This is also considered waste recycling."
Lu Fei narrowed his eyes,
"Just wait for Samsung to make the first punch, haha, you damn little Neon, you dare to take my money, right?"
The murderous eyes made Hu Yuhua's hair stand on end.
At this moment, there was a sudden "dong dong" knock on the door from behind. She was so frightened that her hair exploded like a cat, and her whole body shivered. Lan
"Mr. Lu, Mr. Wang from BOE heard that you were here and suddenly came to visit. He said that he had urgent matters and needed to see you immediately."
"Invite him in."
Lu Fei stood for a while, and a figure finally appeared in the open door. He took a closer look and immediately took a breath of cold air.
I saw that Wang Dongsheng's hair, which was originally half white and half black, was almost completely dyed white. He was in the prime of life, but he was as old as a sluggish old man. His back was hunched and he said feebly:
"Mr. Lu."
"Hiss~"
Lu Fei looked up and down, not seeing each other for a few days, are you depressed? Lan
"Mr. Lu!"
Wang Dongsheng suddenly ran forward excitedly, "You must save BOE! Otherwise, BOE will be finished!"
"Don't be impatient, speak slowly."
Although Lu Fei was unclear about the situation, he calmly comforted him, invited him to sit on the sofa, poured tea, and said:
"What's going on with BOE? Why is it about to end?"
"There is no money, the capital chain is completely broken."
Wang Dongsheng sat very low, as if he was sinking into the sofa. Lan
Hu Yuhua frowned: "How is this possible? We have placed an order for 1 million capacitive touch screens. How can BOE have no money?"
"Alas~"
Wang Dongsheng lowered his head and avoided their scrutinizing gazes: "Mr. Lu, Mr. Hu, you don't know that although you paid an advance payment of 55 million, money is needed everywhere for licensing fees, production line procurement, placement, and production. 5,500 Ten thousand is really a drop in the bucket."
"BOE can't afford any more money?" Lu Fei asked.
Wang Dongsheng smiled bitterly and shook his head, "No, not a penny. To be honest, the deficit of LCD screens is huge!
Many senior executives, including me, had some evil thoughts and used the 55 million yuan for touch screens for other purposes. But when I thought that Mr. Lu valued BOE so much and gave me such an important order for capacitive touch screens, I immediately gave up the idea. But now , we are really too poor to open the pot, and it is difficult for a clever woman to make a meal without rice. "
"Drink tea, drink tea." Lan
Lu Fei was calm and even wanted to laugh a little.
In my previous life, as a juicy and fine leek, I never dreamed that I would be trapped by BOE and tortured to death.
The name is very resounding, and it has achieved many world firsts without any fanfare. It ranks first in the world in LCD panel shipments, first in the world in tablet screen share, first in the world in smartphone LCD screen share, and first in the industry in gross profit margin... …
However, on the other hand, BOE has raised huge amounts of financing, but as a result, its financial reports every year are not so good. It is lifeless in the A-share market and is completely unable to live up to its pile of golden honors.
What the king of panels, the king of making money!
What a valuable weapon of the country, a melting pot of value!
I thought I was buying the bottom of the valley, but I didn’t expect that I could still make a hole! Lan
This moment is just like that moment.
Last year it lost RMB 1.587 billion, and this year it is expected to lose RMB 1.75 billion, a huge loss of RMB 3.3 billion. The A-share stock price plummeted to an extremely low point, and it has been marked with the "ST" logo, and is only one step away from delisting.
"Workers need wages, equipment manufacturers need loans..."
There was a trace of despair in Wang Dongsheng's tone, "Now we can't get out a penny. We are already halfway on the edge of bankruptcy. If we can't find the money again, BOE will be doomed!"
"Why did you lose so much?"
Lu Fei took a shallow sip of tea.
"Mr. Lu, the panel industry is cyclical."
Wang Dongsheng let out a long sigh, "When we started construction of the country's first 5th generation TFT-LCD production line in 2003, it happened to be spring, and a 17-inch screen still cost US$300. But in 2005, it was officially put into production.
, but in the cold winter, LCD panels all over the world entered a downward channel, and the price was cut off, falling to US$150. Production was losing money, but production could not be stopped, so it had no choice but to carry on. "
"I understand, countercyclical investing."
Lu Fei understood that this pattern has always existed in the field of LCD panels, that is, every time a period of time passes, the price of LCD panels will experience market fluctuations——
Boom, bust, recession, recovery.
No matter in a depression or recession, the supply of LCD screens will seriously exceed demand, and prices will naturally plummet. Weak manufacturers cannot bear the losses and are eliminated, while strong ones will take the opportunity to expand, either by investing in mergers and acquisitions or by investing in Build factories, expand market share crazily, monopolize the market before recovery, and bring back a wave of blood.
Samsung relies on this method to gain leadership in the fields of draNAND flash memory, panels, etc. The winner takes all!
"Alas, now Samsung, NEC, and LG have been cutting prices at all costs, trying to crush BOE, but we must resist no matter what, because we are the only independent 5th generation LCD screen in China, and the 6th generation has also been Under research and development." Lan
Wang Dongsheng clenched his fists, his eyes filled with unwillingness.
"Why don't you find a solution with the bank?"
Hu Yuhua looked on sympathetically.
"If the bank is willing to lend money, President Wang will come to me?"
Lu Fei glanced.
"Yes, if I were not desperate, I would never bother Mr. Lu. There is really no other way!"
Wang Dongsheng bluntly said that BOE has reached its most dangerous moment. The banks it cooperated with not only suspended loans, but also lowered their credit ratings. No bank was willing to lend even 10 million, so they had to resort to stock market financing as a last resort. Lan
However, the China Securities Regulatory Commission rejected BOE’s financing plan.
We are really at the end of our rope, completely out of options!
Mr. Lu, for the sake of friendly forces, help your brother!
"I will definitely help you with this!"
Lu Fei patted him on the shoulder, "How much do you want to borrow?"
"500 million!"
Wang Dongsheng's face flushed with excitement, he stretched out five fingers and blurted out: "If it's not a beautiful sword, an r will do."
Lu Fei pondered for a moment without saying a word.
Wang Dongsheng's heart skipped a beat, and he vowed to pledge his high-quality assets as collateral.
For example, the joint venture TPV Technology, the world's second-ranked display manufacturer, pays 30 million in annual dividends alone.
Another example is the shares of "Bangzi BOE" established to acquire Hyundai. It has many patents and excellent assets...
"no no."
Lu Fei shook his head gently.
"Mr. Lu, if the mortgage doesn't work, how about selling it to you at a price? When the nest is overturned, there will be no eggs. Anyway, if BOE is gone, it will definitely be swallowed up by Samsung and LG. Instead of giving the stick, it is better to hand it to our own people! "Lan
Wang Dongsheng was like an ant on a hot pot, speaking incoherently.
"You misunderstood what I meant."
Lu Fei grinned and said: "China needs panels, and logic also needs panels. I will never leave BOE alone!"
"Mr. Lu!"
Hope suddenly flashed in Wang Dongsheng's desperate eyes.
"Even if I have no logic, I will definitely save you!"
Lu Fei looked him straight in the eyes and said, "Mr. Wang, don't forget that we are all members of the Chinese Renaissance Association. Have you forgotten the original intention of founding the Renaissance Association?" "Lan
"I haven't forgotten! Mr. Lu, I haven't forgotten!"
Wang Dongsheng opened his mouth and choked with sobs.
"500 million is too little."
Lu Fei put his arms around his younger brother's shoulders like a big brother and encouraged him: "Tell me how much it costs. You are so capable of Samsung and LG!"
