Chapter 699 Examination
In South Korea, Samsung's group of people are in a dilemma, while Erbida, Micron, and the manufacturers across the Strait do not know that their dreams are about to be broken because they do not have the powerful intelligence collection system as Samsung.
Even the people from Samsung didn't know at this time that the ceo of Qimengda, who should have died but had not yet died, was in a dilemma like them.
This is probably like what is sung in an old song, standing at both ends of the scale, and feeling as embarrassing.
For Mr. Luo at this time, what he hoped most was that what he once said disappeared.
If he had a positive and sincere attitude from the beginning, unlike what he had just acted like, and he had no way out and had no hope of selling himself, he still had to show off his attitude. Perhaps, Feng Yiping and the others would not have the same attitude as he was now.
Qimengda has indeed introduced superposition technology in production, and in September last year, it has used superposition technology to achieve mass production and maintained a very high yield rate.
Fundamentally speaking, memory is a general product. The most important thing about the success or failure of memory manufacturers lies in cost control. Superposition, which is currently more mainstream technology, is obviously more conducive to reducing production costs.
Mistakes, mistakes, you shouldn’t try to use this to increase your value from the beginning, but this has aroused their rebellious mentality.
We should wait until the negotiations are really started and this is pointed out peacefully.
Mr. Luo believes that Feng Yiping and his team should still pay more attention to the advantages of grooves. He also saw that Feng Yiping should want to build a product chain of key components around smartphones.
In Feng Yiping's usual style, his arrangements for the future must be that no matter the previous and later processes, they will be placed in mainland China. The cost of labor and land use will be more than enough to offset the scale cost caused by Samsung and other general processes.
Mr. Luo was very guilty of his strategy at this time.
Looking at Mr. Luo’s face was a little bad, Feng Yiping and Cummins had some confusion before, and now they all became clear.
The visits between Peter Ball and Mr. Luo were all well designed.
The focus of Peter Ball's visit should be "Qimunda must be your best choice,"
The others were just private goods he couldn't help but carry.
A person who has been dragged down by Chimunda for a long time can fully understand it after seeing a possible takeover man and saying a few words in his heart.
The key to Mr. Luo’s visit is “Why is Qimengda the best choice for you?”
Therefore, the visits between the two of them can be said to be echoing each other, integrated and planned very well.
However, Mr. Luo did not control it well and his airs were a little over-stated.
Speaking of which, this is not surprising. Although Mr. Luo, who has a good image, is not anxious or gentle in speaking, he is actually the kind of person who is polite, is called "a big talk, exaggerated achievements, the smallest mistakes, or simply has nothing to do with him.
The point Cohen added to Feng Yiping was that in addition to requesting more than 300 million euros of loans from the German and Portuguese governments, he also requested an additional 300 million euros of operating funds, which is a very specific example.
The reason why Feng Yiping has such an impression of him is also due to many other remarks. For example, when the results of IPO were not as expected, he said that Qimengda was actually very popular among investors, but it was only challenged by the poor global stock market environment.
In 2007, he only increased capital to Chinese factories as planned, but he told the media that it was Qimengda's investment against the market, and that capital increase was only $20 million. For semiconductor companies, it was really a bit embarrassed to get it on the table for such a little investment.
Just talk about a lithography machine, it costs $100 million.
In the middle of last year, Chimunda's China factory had obviously cut production by half. He said to the outside world, "No, we are fine!"
After the financial report of the third quarter of last year was announced, he lost nearly 1.5 billion euros in the third quarter, he repeatedly stated that the company will start to adjust from eliminating OEM capacity with poor productivity, improving production processes, and streamlining human resources. Then, starting from the fourth quarter, the company will reduce the balance of revenue and revenue at a rate of 45 million euros per quarter... and then, it lost nearly 500 million euros in the fourth quarter.
A few days ago, when Cummins and the others did not intervene and Chimunda was about to declare bankruptcy, he did not mention the word bankruptcy in the face of the reporter's interview. What he said was, "We will return the company to a solid foundation," - Look, how amazing!
You should know that last year, Qimengda's stock price had fallen by more than 90%, and now it has fallen by 97%. How can there be a solid foundation?
To be honest, this "speaking" level is really comparable to Saddam's foreign minister Sahav during the Iraq War.
Especially when compared with Peter Ball, who was not good at writing, his style is really not very popular with Feng Yiping.
To a company leader, you should just say it’s okay, and it’s okay. For example, Lao Ma is famous for having a big mouth.
The key to the problem is that some of the awesome you brag about must be finally realized.
If you have said something and never can fulfill your promise in the end, it will naturally affect your personal and company image.
But considering some future arrangements, Feng Yiping felt that he should still be given a new opportunity. "Mr. Luo, to be honest, we all understand that the reason why Qimengda has come to this day is largely because of the market,"
"The rules of the memory industry are investment, overcapacity, oversupply, manufacturers withdraw, shortage of supply, and then invest in such a circular game. In the current situation, there will definitely be one that will launch it. The reason for this is Qimengda, mainly because Qimengda did not receive support from the government at a critical moment,"
Mr. Luo immediately saw Feng Yiping who said such words, as if he had met his relatives and confidants. "Yes, Mr. Feng, you are right. The reason why other memory manufacturers can still support it now is because they have received support from the government behind them."
Feng Yiping looked to the side and smiled, it was true.
This is certainly not the answer he is looking forward to.
If Mr. Luo could be even polite at this time, and such a result is of his own reason, then he would have a better impression of him.
As far as he knows, at the end of June last year, Chimunda still held 630 million euros in cash, and in this money-burning competition, he was more confident than Hynix and Erbida.
But they were not restrained, which led to their deaths in front of those two families.
In the third year of the industry's competition, it has encountered a financial crisis again, and the head of the company is not in a tight position. It is really unreasonable for such a company to die.
Mr. Luo keenly realized that he seemed to have said the wrong thing again, but I was right. Besides, I just agreed with your point of view.
Feng Yiping calmed down and decided to ask him another question, "Mr. Luo, for the outside world, the success or failure of the memory industry lies in competing for courage and financial resources,"
When Mr. Luo heard this, he nodded slightly, obviously deeply convinced him, but fortunately he did not rush to interrupt.
"So, from the perspective of insiders, do you think there are any other reasons behind this?"
"What are the key factors behind the decline of Japanese manufacturers, the rise of Korean manufacturers, and the fall of Chimmoda in the current situation, should we pay special attention to?"
Mr. Luo also thought a little bit, "Cost control is the top priority in the memory industry. The advantages of memory companies are behind the transfer from the United States to Japan and from Japan to South Korea, cost factors are the decisive factors."
What I said is, but this is also the reason everyone knows about is not surprising, nor is it the aspect that Feng Yiping expects.
Seeing that Feng Yiping was still looking at him, Mr. Luo added, "This also foreshadows the mainland that the future will definitely be the ultimate winner in the memory market..."
"Thank you," Feng Yiping stood up, "I have to trouble you for the next work,"
Seeing this, Mr. Luo also said, "I won't disturb you. You have a good rest. See you in the evening."
Feng Yiping smiled. Regardless of whether Mr. Luo gave up on him or not, he felt that Mr. Luo had no need to save him.
Now we should find a new person in charge for Chimmonda after the merger and acquisition.
Chapter completed!