Reinventing the Millennium

"Mr. Luo, as soon as you came here, you were both interested in making money and borrowing money. It really put me in a difficult position."

Fang Zhuo mentally evaluated Luo Jianhua's more specific intentions, and hesitantly asked the Qimonda leader to take a seat.

"Mr. Fang, I know it's very difficult for me to raise money like this, especially since Qimonda is still dragging out the OEM fees from the Lin'an factory." Luo Jianhua sighed, "But I really regard Mr. Fang as our Qimonda The last hope.”

Fang Zhuo remained silent and said as little as possible. Not only was it expensive to pay for the work, but it was also very troublesome to cut off the order, which even attracted concern and inquiries from Lin'an.

Today was a private banquet, and probably guessing the atmosphere, there were only two of them at the dinner.

Luo Jianhua got up and first poured wine for Mr. Fang, and then he was punished by one drink if he filled it himself.

Fang Zhuo wouldn't care about people's attitudes in this kind of thing. Besides, if it got serious, no one would be fined with alcohol.

He touched Mr. Luo's wine glass and drank it all before speaking slowly: "If I remember correctly, Mr. Luo, didn't Qimonda ask Infineon for help?"

Qimonda was spun off from Infineon the year before last, with the latter holding the majority of the shares. It was successfully listed last year. Just when it wanted to flex its muscles in the storage industry, it found that the situation took a turn for the worse.

Qimonda is not only asking for help from its parent company, but also seeking help from the German administrative level.

"Infineon also lost more than one billion euros in the first half of the year." Luo Jianhua shook his head and took a sip of wine, hesitating to speak.

Fang Zhuo could guess what Mr. Luo wanted to say, which was that the parent company wanted to sell Qimonda's shares. Qimonda had the freedom to divest, but if something happened, it would really be regarded as a burden.

Infineon's second quarter financial report has clearly stated that it plans to dispose of the Qimonda assets it holds and will no longer include them in the consolidated financial statements. In addition, it has included Qimonda's assets in the consolidated balance sheet summary. Assets and liabilities were reclassified as "assets for sale".

The parent company has no surplus food and is only thinking about selling some Qimonda to get some money back. How can they try their best to help?

These things are public information, and people who are not paying attention will not know the situation.

Cha Cha, Fang Zhuo has always cared about his partners.

"Infineon only promised to help find a bank loan, but..." Luo Jianhua said bitterly, "It's difficult for everyone, including Germany, which is also very conservative. We also approached the Portuguese State Bank, which also holds our shares. .”

Fang Zhuo pondered: "It is true that financial risks are very high now, and everyone is very cautious. It is understandable that they cannot give loans."

Luo Jianhua shook his head and said: "No, they are initially willing to provide us with loans."

Fang Zhuo was shocked, huh? What a...good news.

He was delighted for his partnership and said: "Then we can settle our OEM fees first."

Luo Jianhua choked.

OEM fees, OEM fees...

He slowed down and then said: "Mr. Fang, Qimonda will never refuse to pay you the OEM fee. However, the situation is difficult now. When things get better, I will definitely come to Shanghai in person and hand over the OEM fee from Lin'an Factory to you." .”

Fang Zhuo took advantage of the situation and asked: "Mr. Luo, didn't you just say that the bank was willing to give you a loan? I didn't force you. If I wanted to force you, I wouldn't ask about the agency fee when I saw you today. We are the ones doing the work. There has to be a plan, you owe the factory fees, you get a bank loan, and you ask me to borrow money at the same time."

He said for the second time: "You are making it difficult for me."

Since Luo Jianhua came to the door today, he was ready to be embarrassed.

In fact, Mr. Fang's attitude has been settled, and the other people he found before were not without ridicule.

"Mr. Fang, banks in Germany and Portugal can only provide loans of about 300 million euros, but this is not enough to fill the hole in the company. We need a further 300 million euros of funds to get through this." Luo Jianhua looked solemn, " Can Mr. Fang think of a way? As long as Qimonda passes this level, not only OEM fees will not be a problem, but patent and technology cooperation will definitely not be a problem."

Through contact, he knew what Mr. Fang valued.

Although Qimonda has suffered huge losses, it is still a technology owned by a major first-tier manufacturer. This year, it has initially launched a 30nm Dram process. As long as it gets through this hurdle, it will definitely have good prospects.

When Fang Zhuo heard the gap of 300 million euros, he thought for a moment. Since this person said so, I'm afraid it is actually a gap of 600 million or 900 million euros.

If you use yourself to save others, if you want to find someone to borrow money to get through, you can't scare people away by throwing out such a big number.

"Mr. Luo, what you mean is that I will give you a loan of 300 million euros first, and then you will pay me back 30 million US dollars in OEM fees." Fang Zhuo half-smiled, "Doesn't this make the abacus sound too loud?"

He added: "If I don't lend you the money, the labor fee will simply be gone?"

Luo Jianhua immediately said: "No, Mr. Fang, that's not what I meant! No matter if you borrow it today or not, Qimonda will definitely give you money as soon as possible!"

Fang Zhuo nodded slightly. An attitude is an attitude. What the actual situation is is another matter. Qimonda will give you money if you have it. If you really don't have it, you can't give it.

He sighed and said with sadness: "Hey, it's really not easy for Qimonda now."

Mr. Luo Jianhua understood his situation and gave a positive statement in the desperate situation: "As long as I can raise money, I am confident to lead Qimonda out of the predicament. This time the industry cycle has encountered global financial risks, but it will all rebound." of."

Mr. Fang remained silent and said again: "Qimonda is the first Dram manufacturer in the world to have a breakthrough in the 30nm process. It has strong technical strength. As long as it continues to invest in research and development, improve the yield rate, and mature the process, next year and the year after , our products can take advantage.”

Fang Zhuo touched the wine glass and sighed slightly.

"Mr. Fang, Qimonda has more than 1,800 R\u0026D personnel and 5 12-inch wafer fabs around the world. Now, I am planning to lay off 3,000 relatively basic employees, sell 2 wafer fabs, and focus on the front line. Technology, give up the car to save the handsome." Luo Jianhua elaborated on his response strategy.

Qimonda has more than 12,000 employees worldwide. This requires some burden reduction, reducing operating costs, and focusing precious resources on high-profit products.

Seeing that Mr. Fang was still silent, Luo Jianhua raised his glass and tried to impress him with his skills: "Mr. Fang, don't you believe in our Qimonda technology?"

Fang Zhuo and Master Luo clinked their wine glasses, frowned and said, "Of course I believe it."

But here's the problem!

Mr. Luo, you Qimonda are so good.

It's so good that it's mouth-watering.

Mr. Luo, it means that your Qimonda is too weak.

It's so weak that when people see an opportunity, it's hard not to take action.

Qimonda may really have the foundation for Phoenix Nirvana to be reborn. However, meeting the wrong person at the wrong time may only lead to the wrong result.

Fang Zhuo only drank half of the glass this time, then put down the glass and responded: "Mr. Luo, you just opened your mouth to say 300 million euros, which is really not a small number."

He paused: "I can help you ask, but it may not work."

Luo Jianhua was overjoyed. He knew that the richest man in Mainland China in front of him had a wide network of contacts. This was precisely why he asked for help. Mr. Fang not only had strength himself, but also had many friends who had strength.

He immediately filled up his glass of wine again: "Mr. Fang, as long as we pass the test, both Qimonda and Bingxin will have a bright future."

Fang Zhuo nodded, it's easy to talk, but everyone still needs more efforts.