Reborn as a tycoon in Hong Kong
Chapter 374: Only with money can you have technology
On Monday, Lin Baicheng went to Galaxy Semiconductor Company.
The office rented by Galaxy Semiconductor is not far from New Century Software Company.
After nine o'clock in the morning, Lin Baicheng came to Galaxy Semiconductor Company with his secretary and bodyguard.
Because they had been notified in advance, both Gerners Wilson and Buller Sandra were in the company. Genus Wilson is the director of the company's R\u0026D department. He is mainly responsible for leading the team to develop more advanced technologies and recruiting semiconductor talents for the company.
As for Buhler Sandra, he is the company's manager, responsible for managing the company's daily affairs, and is Genus Wilson's superior. He previously worked at Fairchild Semiconductor and was not a technical talent.
Lin Baicheng, who came to Galaxy Semiconductor Company, called the company's executives to the conference room.
"Sandra, Wilson, how is the reception going at the factory?"
Lin Baicheng asked aloud. The factories he mentioned were naturally the four factories acquired from Texas Instruments.
"The factory is being steadily taken over. Except for a few senior executives who have been transferred back to Texas Instruments and some people who have resigned voluntarily, the factory has been able to operate as usual."
The one who answered loudly was Gnus Wilson. Buhler Sunderland came to work at Galaxy Semiconductor after New Year's Day. Before that, Gnus Wilson had been working on the receiving plant of the factory. Of course, he was the most popular person in this matter. Familiar.
Lin Baicheng nodded and continued to ask: "Did anything happen during the receiving process at the factory?"
"Because BOSS gave everyone a 5% salary increase, no one made trouble and everyone cooperated."
Genus Wilson answered aloud. After a pause, he said: "However, everyone is a little worried about the future and whether there will be problems with the operation of the factory."
Buhler Sunderland added at this time: "BOSS, the factory used to take orders from Texas Instruments, so there is no need to worry about sales. Now, although Texas Instruments has not canceled all orders, the number of orders has been greatly reduced. Although Galaxy Gaming and Apple Computer both placed some orders for the company, but not enough to make up for the reduced order volume from Texas Instruments."
"I will lead the following employees to develop markets for the company, but the market cannot be developed in a short time. Therefore, before more orders are found, should some of the factory's production lines be stopped first?"
After hearing this, Lin Baicheng asked: "If you stop part of it, will it have any impact when the company needs to mass-produce it?"
Buhler Sunderland said: "There will be a slight impact on production. The main reason is that the reduction of production lines will cause some employees to not have to work and can only receive half of their salary. At that time, many employees will definitely choose to leave their jobs and wait for the company to resign. After the factory reaches full production, we can only recruit new employees, and the efficiency of the new employees will definitely not be as high as that of skilled workers."
Genus Wilson reminded: "BOSS, as I said just now, the employees in the factory are a little worried about whether there will be any problems with the company's operations. If some of the production lines are suddenly stopped, the employees will definitely think too much."
"If this is the case, then don't stop the production line."
Lin Baicheng made a decision immediately and said: "The factory is producing as usual, and the sales department is looking for manufacturers in need. If there are any leftovers, we will keep them. Anyway, after Galaxy Games places an order, those products will be used. "
Bühler Sunderland suggested: "BOSS, in fact, we can reduce prices to a certain extent. After all, although the technology of the factory has not changed, after it is no longer a Texas Instruments factory, the manufacturers will definitely not be familiar with the company, and the company's reputation will not be good at all." No, selling at reduced prices is reasonable. Even if the price is only reduced by 5%, once the volume increases, it can attract a lot of customers."
"As long as it doesn't cause a price war, you can lower the price appropriately."
Lin Baicheng thought for a while and said, anyway, he has never thought about making money from a semiconductor company in a short period of time, so it is fine to make less. It is more important to have a large number of orders to allow the factory's production line to operate at full capacity.
Buhler Sunderland said: "As long as we don't cut prices too much and it won't cause a price war, it's normal for small companies' products to be cheaper than big companies."
Nodding, Lin Baicheng said to Genus Wilson: "Wilson, the task of your R\u0026D department is not light. You must first understand Intel's memory chip technology thoroughly, and then let the factory produce more advanced memory chips. When it is finished After these, we need to upgrade and develop existing technologies to develop more advanced technologies. I don’t ask you to catch up with Texas Instruments and Intel within three to five years, but you can’t fall too far behind, and you must It is possible to catch up with or even surpass those big companies.”
Hearing this, Genus Wilson said helplessly: "BOSS, in addition to a flash of inspiration, the development of technology relies on a large number of experiments, and a large number of experiments require a large amount of money. Besides, there are also It requires excellent talents, and excellent R\u0026D talents are a treasure in every company. If we want them to come to our company, the salary must be higher than that offered by large companies."
"To put it simply, it only means investing a lot of money. Only with money can we recruit excellent R\u0026D talents, only with money can we buy advanced R\u0026D equipment, and only with money can R\u0026D personnel continue to conduct experiments without any worries. "
"I know all this, and my investment in semiconductors will not be small."
Lin Baicheng nodded to express his understanding. Semiconductor technology was originally created with money. Without a large investment in R\u0026D funds, how would advanced technology emerge? Advanced science and technology are not monkeys, they can pop out of rocks.
Buller Sunderland said at this time: "BOSS, there is not much money in the company's account at present. There is no problem in maintaining the company's daily operations, but it has to invest a lot of money in research and development, but it is beyond our capabilities."
"I know this."
Lin Baicheng nodded, and then asked: "Wilson, how much more money do you think it is appropriate for me to invest?"
"How do you say this?"
Genus Wilson listened and said: "There is a way to use less money. For the time being, recruit some people and slowly develop and upgrade the technology. Of course it is better to have more money. Recruit more R\u0026D personnel, especially some big names, even some Purchase more advanced research and development equipment, etc. But at least, we have to invest another ten to twenty million US dollars, otherwise it is unlikely to see any results."
"Okay, I will think about how much I will invest."
Lin Baicheng nodded slightly, this matter really needs to be considered carefully. It doesn't make much sense to invest too little, and to invest too much in the short term without seeing any returns. It's better to invest in long gold futures, and then invest in semiconductor companies after you get more returns.
Therefore, a suitable amount is very important and needs to be thought about carefully.
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