Reinventing the Millennium

The launch of Yike’s flagship Mars series has set off an amazing heat in the global smartphone market. The user reservation feedback from different countries and different channels is very enthusiastic, which has led to a tight production capacity.

As Yike’s core supplier, Bingxin is naturally working overtime and is also working hard to increase the yield rate. It is expected to effectively increase production capacity in the next 1-2 months.

Media interviews, live broadcast tests, and strong willingness to buy. Under such a background, Yike’s stock price has risen again. This time, it is not just Yike, including Yike’s system and even listed companies related to Yike.

"Huaxia Securities News" describes this phenomenon as - Yike concept stocks.

On November 17, Bingxin International, which was exposed to have contacted many major customers such as Nvidia and AMD, once again ushered in a surge in Hong Kong stocks, with a full-day increase of 11.36%, and its market value exceeded US$22 billion for the first time.

Since its listing on March 12 last year, Bingxin's stock price has been tepid. After the stock price rose to HK$108 in the early stage, the market value hovered around US$17 billion. In March 2014, the market value exceeded US$18 billion due to the release of the full-year financial report that exceeded expectations.

Before the Yike Autumn Conference on November 15, Bingxin's market value was US$18.3 billion.

In just two days, Bingxin's market value has risen by more than 20%.

As one of the top three wafer foundries in the world, Bingxin International should have a higher stock price and market value, but it has been stagnant due to well-known factors and actual advanced equipment procurement restrictions.

This time, Bingxin's achievements in the 16nm process technology were too amazing, and naturally brought about a surge in stock prices.

In the same two days, many media have conducted multiple rounds of interpretations on the mysterious and low-key Bingxin International. In addition to the investment and persistence of the world's best president in Bingxin, Academician Liang Mengsong and Foreign Academician Hu Zhengming were included in the discussion.

No matter how talented Mr. Fang is in business, the semiconductor industry is ultimately about technology, and it is natural that the research and development credits of the two CTOs and co-CEOs of Bingxin are the reason.

After such a discussion, the already brilliant resumes of the two once again dazzled everyone's eyes.

No wonder Bingxin can be in 1FET, which was originally developed by Professor Hu Zhengming!

No wonder the two academicians complement each other, the two are originally master and apprentice!

For a time, the good story of the two academicians of Bingxin International resounded throughout the public opinion, and as the leader of this surpassing, the objective situation of the Taiwan reporter letting these two go was also pulled out to evaluate the significance.

To some extent, it seems that the Taiwan reporter created the scene of being surpassed today.

And the question is here again.

How did these two choose the "poor and blank" Bingxin International?

Before joining Bingxin, Hu Zhengming was a member of the American Academy of Engineering and was undoubtedly a big shot in the industry. Liang Mengsong was also a general in the development of advanced processes when he worked at Taiwan News, and he was also well-known in the industry...

How did they join Bingxin one after another?

As the resumes of these two people were exposed, more and more of Bingxin International's past was exposed, from project establishment to investment search, from city inspection to risk trial production...

A process pursuit that took eleven years gradually emerged in front of everyone.

In this process, the best president in the world seems to be not only "rich", but also plays a very critical role as a glue.

Hong Kong newspapers reported the rise in Bingxin International's stock price and explored the details of the company's development. They found that the more they dug, the more they found, and a special detail triggered a discussion in Hong Kong.

—— Bingxin International once considered building a factory in Hong Kong.

Such details match another thing in the early years. SMIC also considered building a factory in Hong Kong...

Hong Kong missed SMIC and Bingxin, especially the latter, which now has the world's number one process technology!

The media discussed Bingxin from different angles.

With such public opinion, more industry organizations also disassembled Mars 8.8 after finally getting the actual machine, focusing on studying the gold content of Bingxin International's 16nm process.

Among them, TechInsights, a research library that mainly provides reverse engineering services and advanced technology analysis, took the lead in expressing its opinions on Bingxin's process.

"We disassembled Yike's Mars 8.8."

"According to the information released by Intel, their 14nm process node has 37.5 million transistors per square millimeter, while this Zhurong chip has about 30 million transistors per square millimeter."

"Intel's 14nm node gate length is 24nm, Bingxin International's is 30nm, and Intel's fin height is 53nm, Bingxin International's is 49nm."

"According to such actual comparison, Bingxin International has indeed come up with a first-class wafer manufacturing process, which is almost comparable to Intel's 14nm. I believe Bingxin also took into account the particularity of the process and adopted the 16nm naming."

"It turns out that Bingxin International is already one of the best wafer manufacturing plants in the world."

"First of all, we congratulate Bingxin International on its achievements. Secondly, we also need to remind our colleagues in the US semiconductor industry that the competition in cutting-edge technology is very cruel. Bingxin International not only has strong capabilities, but also continues to develop advanced technologies."

TechInsights gave an acknowledgment of the conclusion.

Compared to the rough evaluation of the journalist and part-time blogger, the professional reverse analysis of the institution directly analyzed the process level of Bingxin International. Although it is slightly inferior to Intel's 14nm, it is undoubtedly the same generation of process.

This professional report analysis from a professional institution successfully logged on to Bloomberg, The New York Times, The Wall Street Journal, The Washington Post and other world-renowned newspapers. Everyone cited its analysis and reminders, or warnings.

On November 19, a new piece of news added fuel to the high popularity of Yike Mars 8.8. Laurent, the foreign minister of the Gallic rooster of Europe, who was invited to visit, was presented with a newly launched Yike flagship. He shared this gift on Twitter and praised Yike's world-leading smartphone product.

On November 20, Time magazine, which had reported on Fang Zhuo several times, once again selected the head of Yike as the cover character, using a photo of him holding Mars 8.8 at the press conference.

"Yi Ke may be one of the best mobile phone companies in the world."

"Fang Zhuo may be one of the best presidents in the world."

"But when Fang Zhuo holds up Mars 8.8, he is the best president of the best mobile phone company in the world."

"It is worth noting that although Fang Zhuo has no experience in the semiconductor industry, he has in fact become a leader in China's mainland semiconductor industry."

"Quote what he said when Bingxin International went public, 'We are confident that we can continue to push Bingxin to a new height. Going public is not the end, but just another beginning.'"

"We must praise Fang Zhuo for fulfilling his original promise and has brought the manufacturing process to the best position in the world with Bingxin International's engineering team."

"This is a living business legend leader."

"Time" magazine praised the head of Yi Ke.

This report, together with reports from Bloomberg, the New York Times, the Wall Street Journal and other media, as well as research reports from TechInsights and other institutions, was placed on the conference table in Washington.

The world's first?

16nm process?

The world's best mobile phone?

Many public opinions were summarized, and there was also an investigation of Bingxin International. All these materials were presented to every participant in the conference room.

In addition to the public discussion news, some people saw photos of Bingxin International, which is headquartered in Luzhou, China, for the first time.

Huge buildings, straight streets, groups of engineers, freight vehicles parked at the door...

Compared with the Bingxin in the media's pen, these photos make it more real and more flesh and blood.

Is this the world's number one Bingxin International?

How did it develop?

The atmosphere in the conference room was very serious. Bingxin International, which was rumored to have been hindered in research and development, suddenly became the world's number one, which pushed Yike to come up with a crushing-level smartphone product, and at the same time launched competition in semiconductor design, manufacturing and the global mobile phone market. This situation of being at a disadvantage in direct competition suddenly became particularly glaring.

"Hey, I want to know how the licenses were approved for these guys?" Abad, a semiconductor expert attending the meeting, put down the information in his hand and asked.

"The same thing happened with Bingxin. They promised not to use it for civil purposes, and they have always done so. Every spot check and approval is in accordance with the process." Carlson, a senior consultant from the US Bureau of Industry and Security (BIS), answered seriously.

Abad asked again: "How did Bingxin develop to this point?"

Carlson frowned: "You asked a good question. There is a very strange phenomenon. Just as we are now lamenting the development of Bingxin, SMIC, which also obtained a license, also had a rapid development. It was once very close to the manufacturing process level of Taiji."

"Perhaps, I can still answer you with what I said just now. How SMIC developed is how Bingxin developed. Due to the detour of the former, Bingxin, which has learned lessons, has developed more rapidly. At the same time, due to the global explosion of smartphones, it is operating very healthily."

"These two examples may also be a microcosm of China's development in the past few years. Our wonder can also be placed on the country in the East."

Abad raised his eyebrows: "So, we just watch it develop like this?"

Carlson looked around the industry insiders and BIS colleagues in the conference room and got a consistent answer.

Of course not.

There is a saying in China that it is never too late to mend the fence after the sheep have been lost.

…

Along with the heat of public opinion and the market, there are also harsh voices, but the rising momentum of Yike concept stocks has not been affected.

A week after Yike Mars 8.8 was launched, Yike's market value on Nasdaq officially surpassed Apple and broke through the threshold of 400 billion US dollars.

However, because of the news of a discussion meeting in Washington, this finally cooled down Yike's rising momentum.

Yike is a legal and compliant Nasdaq-listed company. Will it encounter any restrictions?

If it itself does not encounter restrictions, can the products it launches encounter restrictions?

Bingxin International, which helped Yike Mars 8.8 take the world's first throne, has once again become the focus of attention. According to some sources, BIS and other departments are planning to take tougher measures against Bingxin International.

Some other sources claim that Yike has considered the risks in this regard and has been in contact with Bingxin's competitors such as Taiji, Samsung, and GlobalFoundries.

Yike did not respond to the true or false news, and is still shipping crazily. The "world's number one" crown is indeed heavier and more eye-catching, but this crown is really beautiful and useful!

Within a week of their launch on November 15, the flagship products Mars 8.8 and Mars 8.8 Pro have sold more than 10 million units worldwide, setting a new sales record for Yike!

Moreover, subsequent sales records are almost certain to be broken!

"unless……"

"Yike is too strong now, and it is too powerful to be number one in the world, unless...unless it encounters some force majeure factors."

Online, offline, technology news, TV programs and discussions around me, even when Du Ji held an internal meeting, the topic unconsciously turned to Yike, who has been very popular recently.

Out of a desire to find hope despite a competitive disadvantage, combined with some news from the United States, several executives talked about the risks faced by Yike.

Vice President Xiang Hailong agreed with this analysis and sighed: "I heard that Yike is looking for new suppliers, but I feel that Fang Zhuo is not that kind of person. He is very tough and conceited at heart. Besides, Bingxin If International is overwhelming Samsung and Taiwanese, how can they help Yike when it faces a crisis?"

Li Yanhong couldn't help but nodded slightly. Indeed, Fang Zhuo was actually very tough. Regardless of his subjective wishes or the objective situation in the industry, Yike might be in danger.

If this is the case, it may also objectively allow Duji to breathe a sigh of relief.

Since the sale of "Duji Taxi" to Uber, which entered the Chinese market, Duji has lost the burden of blood loss, but it has also lost a part of the user group of Duji Wallet that cost a lot of money to activate.

At the same time, Duji's core search business was being eroded, and the group buying and other businesses it developed were also not progressing smoothly, which made it increasingly difficult.

Li Yanhong has found that his company is in a worse situation than Penguin faced at the time, but now, a new and unexpected hope looms.

"Yike is really burning with fire this time, and the flowers are blooming. If I don't curse it, if it really encounters problems, the company must seize the opportunity. Business competition itself is ruthless." Xiang Hailong mentioned a sentence that was once said in his early years. The words on Mr. Fang’s lips.

Business competition is so ruthless.

Just as Li Yanhong nodded, the mobile phones in the conference room vibrated one after another, receiving a new message.

Yike, which has become the world's number one mobile phone company, has just made an announcement, but it is not very related to the mobile phone business. It just acquired Sogou, a small company in China.

"In order to strengthen Yike's search competitiveness in the YMS ecosystem, the company plans to acquire Sogou..."

Yike, which has tight production capacity, faces risks and ranks first, actually took advantage of the situation to acquire Sogou?

Who is it coming for... If you don't go to Samsung and Taiwanese reporters at this time, don't find someone to mediate in Washington, don't optimize production capacity and supply, why are you here?

Everyone in the conference room looked at each other. In addition to being deeply shocked, they actually felt flattered in their hearts.

Thank you, international giant!

Thank you, Mr. Fang, for remembering us, a small domestic rival...

Business competition is really ruthless...