Reinventing the Millennium

Fang Zhuo's decision to take over Morningstar was basically settled with an extraordinary shareholders' meeting.

The founder is out, the mainland department is in charge, and the Yike department is willing to invest resources... These are the things that make investors ecstatic despite the mixed reports in the media.

——Mr. Fang, my Mr. Fang, you finally withstood the pressure of public opinion, did not cherish your feathers, persisted in the hostile takeover, and became the successful overlord. This is great! ! !

Although "Cayman Morning Star" is still suspended from trading, the voices of investors on social media are already very unique, and many financial media have also mentioned the possibility of a sharp rebound in Morning Star's stock price.

In addition to these, the most professional analysis came from Baodao's financial magazine "Tianxia", which published a column the next day describing Fang Zhuo's acquisitions in the semiconductor field and the possible related impacts.

"The Xiangjiang media used a description - Fang Zhuo's semiconductor kingdom. In view of the various obstacles to the development of semiconductors in mainland China, this is a very interesting summary."

"It's just that Fang Zhuo's semiconductor kingdom has always been obscure or deliberately hidden."

"Last year, Taiwan Journal's industry white paper and Mr. Zhang Zhongqian's press conference both mentioned the development of ice cores. In fact, it has caught up very quickly in the field of advanced processes. According to Taiwan Journal's vice president, the gap has now narrowed to 2-3 years.”

"The ice core is the core of Fang Zhuo's semiconductor kingdom. He used this core to reach a cooperation with Qualcomm to provide key processors for Yike's consumer electronics products, thereby completing a positive hematopoietic cycle."

"Qualcomm-Bingxin-Yike, this combination has achieved great success in the past two years. Qualcomm's high-end chips have opened up the 3G smartphone market, Bingxin has improved step by step in terms of manufacturing processes and orders, and Yike has become a world-renowned mobile phone brand."

"This is an external loop deliberately created by Fang Zhuo."

"Regarding Ice Core, what we can observe is that he established the Ice Core Wafer Manufacturing Alliance (now renamed China Wafer Manufacturing Alliance, and SMIC also joined it), lobbying and encouraging China's upper management to increase investment in the semiconductor field, and established We have established industry funds for integrated circuits to support the upstream and downstream links of semiconductors and formulate standards.”

"We cannot observe the effectiveness of this for the time being. First, it is carried out in relative secrecy and is not disclosed by the mainland media. Second, the effects of these actions themselves also take time."

"We can only say that first there was SMIC, and then there was Bingxin. The latter seemed to have received the former's baton and strengthened the mainland's semiconductor industry chain in a stronger and planned way."

"Let's talk about Morningstar again. This time Fang Zhuo ignored public opinion and forced control of Morningstar. This is obviously multiple preparations for his semiconductor kingdom."

"There are reports that Yike is already designing its own chips. It is said that Apple and Samsung are also involved in this part. This move may anger Qualcomm and bring changes to the next M and S series mobile phones."

"Regardless of the outcome, Yike's move to gather semiconductor talents and strengthen design capabilities during the financial crisis has been confirmed. This chip department is obviously positioned as an internal high-end product."

"It's just that according to custom, chips with this kind of positioning will not be available in the short term even if they are adopted. So, will Yike's YMS ecosystem manufacturers in mainland China always use MediaTek's chips for their entry-level mobile phones?"

"Obviously, Fangzhuo's acquisition of Morningstar is the answer. At the very least, MediaTek will not be the only answer to the YMS ecosystem."

"Fangzhuo has Yike's own IC design department for high-end chips, and Morningstar (Future) for low-end chips. This once again strengthens the influence and control of YMS's ecology, and further supplements his semiconductor kingdom."

"With the rise of the mainland's semiconductor industry, semiconductor people led by Fang Zhuo have undoubtedly launched a severe challenge to us."

Fang Zhuo saw Baodao's "World" report on the afternoon of January 13, and just before reading this content, he had just ended a call with MediaTek head Cai Mingjie.

This call was made by Cai Mingjie on his own initiative. His tone was very polite, but he was talking about the cooperation between MediaTek and mainland mobile phone manufacturers.

Meizu, Hanwang, and Kesheng all use chips previously developed by MediaTek for Yike. Firstly, the cost is low, and secondly, Qualcomm does not value this aspect.

This is actually more of a buyer's market. MediaTek is now vigorously transforming smartphone chips, and it depends on the purchasing attitude of manufacturers. In particular, Qualcomm has also begun to sink its products, which is another new competitive pressure.

Compared with MediaTek, many manufacturers may still prefer Qualcomm, which has shined in the high-end in the past two years.

Cai Mingjie had long noticed the news between Mr. Fang and Morning Star, but due to the weak relationship between supply and demand, he waited until the matter was over before making this call.

Yike does not purchase MediaTek chips. However, Yike is like a less restrictive leader to YMS mobile phone manufacturers and still has a good influence.

Cai Mingjie is quite worried about Chenxing being included in the Yike Department.

Faced with this undisguised worry, Fang Zhuo had only one statement: Only with competition can progress be achieved.

This matter can actually be looked at very simply. No matter how Morningstar positions itself, if its products are not up to standard, mobile phone manufacturers will not adopt them. This is the most basic and irreversible point.

As for absolutely fair competition, Fang Zhuo did not say this, and Cai Mingjie did not pursue such a promise.

What happens to MediaTek depends on MediaTek itself.

From the current point of view, Morningstar still needs a lot of efforts to make a breakthrough.

Fang Zhuo put down the "World" magazine, thought quietly for a while, and sighed spontaneously: "It's better to be technically outstanding."

Secretary Liu Zonghong was making tea silently beside him and did not respond.

From last night to today, he knew that Mr. Fang was in a normal mood. It seemed that the friendly exchange with Zhang Zhongmo and others had made his mood lower.

Liu Zonghong served tea. Seeing that his boss was lost in thought again, he thought for a while and felt that showing Mr. Fang the Hong Kong media reports might have a good effect and relieve his mood.

When Fang Zhuo raised his tea cup again, he saw the notebook pushed over by his secretary, which contained a summary of Hong Kong media reports.

——Fang Zhuo captured Morning Star, Zhang Zhongmo bluntly said it was unacceptable!

——The Godfather of Semiconductors at the Night Meeting of Mainland’s Richest Man, Is There Another Truth About the Morning Star Incident?

——Fang Zhuo went crazy at the door of the hotel and slapped the industry boss of Baodao!

——Fang Zhuo has copper lips and iron tongue, aluminum alloy guts, and stainless steel heart!

Fang Zhuo burst out laughing just by reading the title: "Why don't you use quotation marks on this slap? People who don't know think I really hit someone."

Liu Zonghong said: "The title is just eye-catching, no one will believe it."

Fang Zhuo drank tea and casually clicked on it to read the content. It should be the media who were relatively far away last night. He only saw the exchange between the two parties and did not know the specific situation.

He looked at it, his thoughts wandering a bit, and he didn't come back to his senses until a call came in.

After answering the call from the mainland company, Fang Zhuo pushed away his laptop and shook his head: "Don't read it. We still have a long way to go to catch up. Zhang Zhongmo and I talked about the long term, and I believe in the long term. The problem is that we are in reality. This There’s still a lot of pressure to catch up.”

Long-term goals require realistic efforts to catch up. Based on the present and looking ahead, there is still a big gap in all links. Simply speaking of the ice core wafer manufacturing process, the gap is narrowing. However, this catch-up is based on less interference from external forces. in the case of.

Even people like Zhang Zhongtong know the biggest problem that ice cores will face. Being in it, he naturally understands better that this is not just a challenge faced by one company, but a situation that the entire industrial system will encounter.

Fang Zhuo pondered for a long time, even the tea cup in his hand became cold, and suddenly he laughed for no reason.

Liu Zonghong, who was thinking about his boss's schedule, was startled and asked subconsciously: "Why is Mr. Fang laughing?"

"Going from one crisis to another, from one Sword of Damocles to another Sword of Damocles." Fang Zhuo shook his head, "This is interesting."

Liu Zonghong thought about his boss's words. Does it count as the transition from the Internet bubble crisis to the global financial crisis? Then...

He changed his mind and said, "Zhang Zhongmo may not be able to see the next crisis."

"The old guy can live a long life. Look how energetic he was last night." Fang Zhuo stood up and walked a few steps to the window. "As Cai Mingjie and I said, how good the ice core is depends on the ice core itself. ."

If the crisis is determined, the stronger the ice core, the greater the role it can play, and the greater the space it can maneuver.

He just suddenly changed his position to the other side. If he attacked the emerging ice core, would he smash it to death at once or just smash the emerging head back?

There is a high probability that it is the latter. This kind of action is to continue to increase the weight rather than throw it out. If it is not up, it will be 28nm instead of targeting 7nm.

There may also be a period of strategic misalignment.

Today's ice cores are striving to pursue high precision, and the other party also focuses on this high precision. But at that stage, the more important thing is the next high precision, which is the competition of the entire industry.

The general trend is hard to change, and the development and adaptation of specific enterprises is still a proposition with multiple answers.

"A stable supply chain is very important." Fang Zhuo said in a haphazard manner, then turned around and asked, "What time is the invitation to HKU this afternoon?"

Liu Zonghong immediately replied: "3 o'clock."

Fang Zhuo nodded, and seeing that there was still a lot of time, he called Yang Weiyi. Morningstar had just taken over, and there were still many important matters. For example, what should we do with Morningstar's headquarters in Hsinchu?

Hsinchu is the Silicon Valley of Taiwan. The industrial chain and related ecology are very complete, and Morningstar has benefited a lot from its development.

However, the Morningstar headquarters needs to be moved under the current situation, and it would be inappropriate to uproot it directly.

At present, Yang Weiyi's initial idea is that the name of the Hsinchu headquarters remains unchanged, but a business center can be set up in Xiangjiang to facilitate radiating Morningstar's market, and an R\u0026D center can be set up in Shencheng or Luzhou in the mainland, so as to differentiate the status of Hsinchu, and finally complete The transformation of a “Cayman Morning Star”.

Fang Zhuo thinks there is no problem with this idea, and he still believes in Yang Weiyi's ability.

Morningstar's success today is not his problem, but the problem of the two chairman before and after him.

After a long phone call, the time was almost up.

Fang Zhuo had no other arrangements for his trip to Xiangjiang, just to settle the ownership of Chenxing. However, things about Chenxing went very smoothly, and he thought that he would come, so he calmed down the public opinion and accepted the offer from Xiangjiang University. invite.

The Business School of Hong Kong University and the Technology Transfer Office plan to jointly organize a series of seminars on entrepreneurship this year to cultivate and inspire the entrepreneurial spirit through forums, social gatherings, activities, courses, market seminars, joint workshops and online platforms. Use passion and belief to change the world through innovation.

Lin Chen, the deputy dean of the Business School, wanted to give it a try and invited Mr. Fang Zhuo, the head of Yike, and was really happy to receive a response.

Fang Zhuo, on the other hand, was in the mood to smoke afterwards and planned to see the enthusiasm of the students. This was much more comfortable than watching a group of old men in semiconductors.

From three o'clock to five o'clock in the afternoon, Fang Zhuo and his party, accompanied by senior officials of the University of Hong Kong, visited this prestigious school and generously donated money to support the entrepreneurial activities of the business school with practical actions.

"I know that Mr. Fang has always been very concerned about education in the Mainland, and scholarships related to integrated circuits in major schools have always been a good talk." Vice Dean Lin Chen said about Fang Zhuo's investment in the field of education.

Fang Zhuo smiled and nodded: "I'm not good at studying, but I know it's always right to support education."

“Mr. Fang’s ‘Let’s see who doesn’t like semiconductors’ scholarship leaves me in awe.” Lin Chen said seriously.

Fang Zhuo glanced at the talkative vice dean: "It doesn't matter if he laughs solemnly."

Lin Chen laughed solemnly: "Mr. Fang, actions speak louder than words. No matter what others say, I deeply admire Mr. Fang."

Fang Zhuo smiled and continued to move forward slowly.

However, as they wandered around the campus longer and longer, more and more students were watching around them.

Professor Lin Chen is very popular among students. He explained Mr. Fang’s support for the school activities on the spot. Thinking of the semiconductor scholarship discussed earlier, he impromptuly asked Mr. Fang to name the entrepreneurial activity competition.

The business school will also have related competitions and project sponsorship funds determined based on this.

"I'm not good at naming names, but since we are starting a business, I believe everyone will have the dream of changing the world." Fang Zhuo met the eyes of teachers and students and pondered for a moment, "Then let's call it 'Harry Cup' Well, Harry will finally defeat You-Know-Who."

He smiled and said: "We welcome more students to grow up on the road of entrepreneurship and defeat the evil giants."

The giant leader extended the invitation and received jubilant applause from the audience.

Fang Zhuo likes this kind of excitement.

But because of this excitement, the group's progress was also hindered.

A student nearby asked loudly: "Mr. Fang, are you making a hostile takeover of Morningstar this time?"

Fang Zhuo smiled and said nothing.

Professor Lin Chen and others began to signal everyone to give way. Why did they start asking the donor such questions?

"Mr. Fang, how do you evaluate Penguin's Ma Huateng?" Another student asked.

Fang Zhuo regained his energy and followed the voice and answered: "Pony and I both came here through hard work. In fact, we have a good personal relationship. He is a good person. I plan to pay him New Year's greetings during the Spring Festival this year."

"Is it a good personal friend whose phone number has been blocked?" The students were obviously paying close attention to current affairs.

Fang Zhuo said frankly: "The phone is not the only communication channel. Pony has added me to Yixin and we have reconciled."

There was laughter.

"Mr. Fang, how do you evaluate Xiangjiang?" A student asked a big question.

Fang Zhuo thought for a second and replied: "I hope I don't come to Xiangjiang to buy luxury houses, but to see if there are any good high-tech products."

The laughter subsided.

Fang Zhuo smiled and said: "Everyone seems to be unhappy. I lied to you. I'm not here to see technology. I'm here to buy a luxury house in Taipingshan."

The laughter was completely gone.

Vice President Lin Chen coughed and smoothly invited Mr. Fang into the building.

So far, Fang Zhuo's inspection of Xiangjiang University has received enthusiastic response and achieved complete success.

That night, Fang Zhuo turned down many dinner invitations and was preparing to return the application the next day. Wei Boyun, the vice president of Morningstar Semiconductor, called in.

His voice on the phone was a little bit expectant: "Mr. Fang, I..."

Chenxing fell into the clutches of the devil. He had not received a call from Mr. Fang from the day before yesterday to today, and he felt a little uneasy. Mr. Fang wouldn't do it right?

Although Mr. Yang and Mr. Lin are in charge, but...

Only when Fang Zhuo heard Mr. Wei's voice did he remember that there was still such a problem. He said "hmm", knowing the purpose of the call, and asked directly: "Do you want to stay in Morning Star or go to Bingxin?"

Wei Boyun did not answer, but asked: "Where does Mr. Fang think I can be more effective?"

I am not seeking personal development, I am here to contribute light and heat to Mr. Fang, and I will go wherever needed.

Fang Zhuo really thought about it carefully, and then said: "Let's go to Bingxin's Lin'an factory. There is a lot of room for development there. Well, don't go now. After the Spring Festival, Morningstar will have a stock incentive. Take the money and leave.”

This time, money is used to come in, so use the money to the end, which can also be considered to appease Chenxing for some subsequent changes.

Wei Boyun was very moved. Mr. Fang was really, really... No wonder Shen Xin's Wang Fengyi was always so determined, and there was a lot of exchange of interests behind the scenes.

Whoever exchanges will be happy!

"Mr. Fang, when I arrive in Lin'an, I must do a good job!" Wei Boyun expressed his stance, speaking very simply, "I must live up to Mr. Fang's expectations!"

He heaved a sigh of relief and determined to do a good job so that Mr. Fang could buy another private jet as soon as possible.

"Those of you who don't have expectations, just stop slandering me behind my back." Fang Zhuo said with emotion, "Let's make money together."

Wei Boyun calmed down and said seriously: "Mr. Fang, I will definitely work hard."

Fang Zhuo ended the call and felt that this trip to Xiangjiang was quite good.

On January 14, Fang Zhuo took a flight back to Shanghai in the morning. When "Cayman Morning Star" resumed trading at 2:30 p.m., its stock price surged, announcing that this hostile takeover was favored by the secondary market.

Of course, it may also be for the HK$26 offer price announced by Fang Zhuo at the shareholders' meeting.

——Mainland media: Mr. Fang’s taking over Morningstar may change the company’s future prospects!

——Xiangjiang Media: Cayman Morning Star’s stock price has soared, and Fang Zhuo’s offensive is working!

——Baodao Media: Liang Gongwei made a mistake in his misdeeds, Hong Kong is full of regrets, the richest man in Fang is scheming, and the morning star is made in his clutches!