Chapter 1595 The chip company in a dilemma
Smit sat in the office with his brows frowning. After graduating from Harvard Business School, he originally wanted to make a big move and make a career, but who knew that God would not follow others' wishes.
Philips, which has a big family and a big business, actually wants to reduce their investment in Asmay. This is mainly because Asmay is too expensive, and the lithography machine developed has always remained at the traditional 193nm.
When the deep ultraviolet lithography machine advances to the 65nm level of the chip, it encounters an unprecedented bottleneck.
The technical route chosen by Japanese Weiying's two heroes Nikon and Canon is: continue to reduce the exposure wavelength and develop a 157 nm deep ultraviolet lithography machine with a shorter wavelength.
Originally, according to Philips's intention, Asmay could also choose the way of Nikon and Canon. Although the breakthrough would be slower, it would cost less money and be stable.
At this time, Smit, who served as president of Asmay, decided to take a different shortcut and take a different path. However, Philips was under too much pressure.
Finally, Smit gritted his teeth, raised funds to beg for alms, sold his money, and redeemed the shares of Asmay from Philips, thus turning the company into an independent company and no longer being controlled by external forces.
But in this way, the company's funds will be exhausted, and such a high-tech company is dedicated to burning money. Once you lose money, will you be a sole proprietorship and useless?
Smit was worried about this matter for a while, and his mind was full of colorful banknotes.
Because the money is too expensive, ordinary investment companies dare not get involved in industries like theirs. Just kidding, how can you get in with billions of euros? You can't even see a splash.
Capital seeks profit, but it also requires visible profits? Throwing money into the water is a fool.
Moreover, there is another legend about Asmay now, that is, Smit decided to adopt the idea of TSMC engineer Lin Benjian about using water as a medium to create immersive lithography machines.
At that time, Asmay's main competitors, Nikon and Canon, were not optimistic about the prospects of immersive lithography machines, and have always focused on shorter wavelength deep ultraviolet light sources, which is the so-called dry engraving.
At that time, Lin Benjian had already searched all the companies that could manufacture lithography machines at that time. It was not that no one had no idea about his creativity, but he was not brave enough.
Lin Benjian’s idea is to fill the gap between the lens and the wafer exposure area with high refractive index water. The refractive index of water to 193 nm ultraviolet light is 1.44, so as to achieve an equivalent wavelength of 134 nm in water, thus achieving a process below 45nm in one fell swoop.
You should know that the chips at that time were all stuck at 63nm, and his 45nm concept was undoubtedly subversive.
But since it is subversive, it is easy to imagine how difficult it is to operate. How much does it cost? How many years does it take? This is a big topic that no one dares to touch.
Just when Smit was at a loss, the knock on the door rang out, and the secretary walked into the room with a gentle oriental woman.
Before the secretary could introduce him, Cha Hongying reached out and introduced him: "I am Cha Hongying, an angel investment under Pan American Insurance. After learning about your company's situation, our chairman specially asked me to find you to find out the situation."
Smit, who had just raised his butt and had not yet stood up, sat down again. What a surprise, why is there such a good thing? Could it be that he hasn't woken up?
Cha Hongying was a little surprised to see Smit's performance. Is this guy reliable?
Before coming, Cha Hongying conducted a detailed investigation of Asmay Company and Smit, and her answer was that she could not invest in this project.
It’s not that Cha Hongying has no vision. As a professional manager, her most important task is to ensure the safety of every investment in the company, and then the profits.
If you lose money, you still invest nothing. Go home and take your children.
Especially after the disease insurance project that was returned to Junken City for this guaranteed capital, her inspection became more careful and secure.
However, when Ye Feng called him over, he directly used a command tone, and there was no doubt that, so she could only obey unconditionally.
Smit finally stood up and gave Cha Hongying to the sofa. The secretary poured the coffee and stepped out. The two talents communicated in detail on the project.
Although Ye Feng ordered her to come, as a CEO, Cha Hongying must also perform her duties. She has a detailed understanding of the risks of this investment, and then adopts a more flexible method based on the actual situation so that the investment failure can minimize the losses.
After the talks, Smit asked Cha Hongying about being in the United States if he knew his current situation. Cha Hongying smiled:
"He is your alumni. Strictly speaking, he is about to become an alumni, and he has always paid attention to your company. In fact, he pays attention to not only you, but basically to the famous people among Harvard alumni."
Smit sighed and then asked how much money Cha Hongying Angel Investment can invest this time? How much % of the shares do you want to occupy?
Cha Hongying raised a finger, which cost 10 billion US dollars, accounting for 51% of the shares.
Smit's face suddenly changed, and he asked angrily: "Madam, are you here to spend my time? We are a listed company, and the market value has reached 50 billion US dollars. You want to take control of my company for $10 billion. Isn't it a bit whimsical?"
Cha Hongying's face was calm: "Mr. Smit, what's the use of your market value of 100 billion US dollars? At this moment, your company must be about to stagnate, right? If the capital chain really breaks, your current lithography machine will not be able to produce it. Once this news spreads, what do you think?"
Smit's cold sweat suddenly flowed out. Cha Hongying was not threatening him. Once the news leaked, the stock price would plummet. The consequence was that the company would have to go bankrupt because no one would give him another penny.
After thinking for a long time, Smit still shook his head firmly: "51% of the shares are impossible, and 10 billion US dollars account for 25% of the shares, which is the largest extent I can decide. If you can't accept it, then I can only regret notify you that we can't cooperate."
Cha Hongying also shook her head firmly: "It is absolutely impossible not to do this, so I have to say goodbye regretfully."
Smit politely sent Cha Hongying out of the house, and then sat dejectedly on his boss's chair, as if he had suddenly become ten years older.
Cha Hongying's conditions were not acceptable even if he had been beaten to death. After working hard to get to the present, Smit has exhausted his efforts for this company. The company can go bankrupt, but it must not be sold at a low price!
Cha Hongying returned to the hotel and reported the situation to Ye Feng in detail. Ye Feng pondered for a moment, and finally said, "You continue to find a way to talk to him, but you can't be too proactive. The conditions should be lowered bit by bit and try to find out his bottom line."
Cha Hongying nodded and agreed, and tried to persuade Ye Feng to give up the investment, but Ye Feng refused firmly.
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