-
Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading
Free Web Novel,Novel online - All in oicq.net -> Romance -> Looking back at 1991 Chapter 424 Struggling Taiwanese Enterprises
Previous page Return to Catalog Next page
- You can search "Looking Back 1991" in Baidu to find the latest chapter!
?From the Asian financial turmoil in 1997 to the end of the financial crisis in 1998, the international chip market prices picked up slightly.
Due to the price suppression of Jinko Atlantic, the world chip manufacturers do not make a lot of money.
A good year passed. At the beginning of March 2000, the Internet high-tech bubble burst, which dealt a blow to the world's chip manufacturers.
?The demand in the international market has shrunk dramatically, resulting in a sharp drop in chip prices, coupled with Atlantic Jinko's deliberate suppression of prices, it is still struggling so far.
The cyclical industry cycle is gone, and the hope of earning huge profits is gone, and it is completely plunged into boundless darkness.
Relying on brutal price competition and leading technology research and development, Atlantic Jinko has always restrained the development and growth of other chip manufacturers and denied them the opportunity to earn huge profits. The heavy debt burden and huge investment have become heavier and heavier.
The fat ones are thinner, the stronger ones are disabled, and the good ones are dead.
Whether it is Samsung or TSMC, they all trek forward with heavy debt burdens.
There is no chance to lick the bleeding wound, and there is no chance to earn excess profits to return blood. Now they are all in a sub-healthy state with blue lips and white lips.
Take off?
Forget about this, life and death are on the verge.
Invest heavily in research and development?
Well, Samsung and TSMC have indeed invested a lot of capital in the research and development of advanced manufacturing processes, but once they fail to recover, how can they catch up with the nanoscale manufacturing process?
Once TSMC invests in the transformation of its production line, it will produce advanced cpu microprocessors with a 0.13-micron process and participate in market competition.
This side compartment
Atlantic Jinko will immediately cut prices sharply, reducing chip products to around the cost line, making it unprofitable.
Anyway
Atlantic Jinko holds the world's top 90nm advanced process technology, can still produce cutting-edge cpu products at high prices, and continue to occupy the excess profits at the top of the pyramid.
In this way, it always occupies a generational advantage, making other competitors have no hope of turning over.
Whether TSMC invests a huge amount of money in research and development in the early stage, or invests in huge asset line transformation in the later stage, a large amount of money cannot recover the investment at all.
Have you been throwing money into this bottomless pit?
Not seeking benefits, not seeking returns, this is completely a fantasy idea, absolutely impossible.
Once this is clearly seen, investment institutions will decisively stop losses and close the capital taps.
Until then
hehe!
The fun will be great.
In Southeast Asia, the delegation led by Wang Yaocheng continued to visit various countries, held frequent talks with political leaders of various countries, and explored the possibility of further business cooperation.
end of March
Domestic Shenzhou Computer took the lead in launching a "freezing point" price storm, which drastically reduced the price of mainstream computer products in the market by 1,500 to 2,000 yuan, lowering the overall level of the market.
Originally, the mainstream brand personal computer cost around 4,800 yuan, and you can take it home with around 3,500 yuan.
A 12-inch LCD computer with the lowest price can be moved home for 2,999 yuan.
The move
Immediately, there was a turmoil in the domestic personal computer market. The sales data of Shenzhou Computer rose like a rocket, and the World War I established a reputation.
Early April
? Changjiang Technology Group¡¯s Dell brand computer joined the battle group, and then announced a substantial price cut, which once again disturbed the brand computer market.
Soon after
? Panda Electronics started a nationwide price cut. The main product is mid-to-high-end LCD TVs, which formed a market hurricane and made this spring no longer calm.
April 9, 2002.
? Hynix announces:
?The second phase of the Malaysian Industrial Park invested a huge sum of US$8 billion to build three eight-inch wafer production lines, and the third phase of the project has entered the preparatory stage.
? Atlantic Jinko announced:
It is estimated that in the next three years, 40 billion US dollars will be invested successively to increase chip production capacity and build a world-leading comprehensive chip manufacturer
just two days apart
April 11
Seeing that there is no way out, the Taiwan-funded chip manufacturer "United Microelectronics", struggling under heavy debt pressure, declared bankruptcy and liquidation, ending its painful journey. This is the second Taiwan-funded company to go bankrupt.
April 12
TSMC announced that it would abandon the acquisition of "Lian Rui" company. At this time, "Lian Rui" has become an outcast in the market, and no one is willing to lend a hand to save it.
April 28
Wang Yaocheng just finished his trip to the Boao Forum for Asia and returned to Yanjing City for a short rest.
Good news from TSMC:
After days and nights of research and development, selfless dedication and hard work, the scientific and technical personnel finally broke through the world's cutting-edge 0.13-micron advanced process technology, broke the monopoly of some multinational manufacturers, and formally entered the field of cutting-edge technology.
Taiwan Island, Southeast Asia and the world media have reported on this, declaring:
The cutting-edge field of world chip manufacturing has since entered a pattern of two powers competing for hegemony, bringing more choices to the world.
TSMC announced with confidence:
It will invest 4 billion US dollars to upgrade its four eight-inch fabs so that they have the same production capacity as the advanced ten-inch fabs.
the next day
Philips of the Netherlands announced that it has reached an OEM contract with TSMC worth a total of 1.8 billion US dollars.
three days later
Intel Corporation announced that it has reached a total of 2 billion US dollars in foundry contracts with TSMC for the production of x86 architecture CPU processors with stronger performance and lower power consumption, so as to provide customers with better products.
Just one day later, the bad news came.
May 5, 2002
? Atlantic Jinko Group announced:
After long-term research and development, the company has broken through the 90nm advanced process technology, and is currently in the process of introducing the pre-trial production preparation.
The latest Athlon 3b CPU microprocessor products will be produced using 90nm cutting-edge process technology.
There will be 17% more transistors than the 0.13 micron process technology, the computing speed will increase by 22%, the power consumption will be reduced by 10.6%, and the performance will be stronger.
At the same time, in order to give back to major customers.
Atlantic Jinko Group is expected to conduct a large-scale price cut on its 0.13-micron process chip products on September 1, with a drop of up to two-thirds.
The action is called: "Grateful for the golden autumn, affectionately benefiting thousands of users and giving back action"
Once this publicity draft was issued, the public opinion circles were boiling, while the industry was dead silent
TSMC was slapped with a "bang bang" sound, and its face was swollen.
The faces of Philips and Intel, which are holding stinky feet, are green. The 0.13 micron process is no longer the most advanced process. If you want to maintain market competitiveness, you must now choose 90 nanometers.
Will the orders that have just been announced for a few days be executed?
If you don¡¯t implement it, you will be liable for breach of contract. If you implement it, you will produce backward products, which will cause greater losses.
Painful and tangled!
After much deliberation, I still have to go to Atlantic Jinko to manufacture it, even if I pay a higher price.
The next day, May 6th.
? As soon as the Taiwan stock market opened in the morning, TSMC¡¯s stock fell precipitously, and the swarm of sellers could hardly stop.
In just one morning, TSMC's stock plummeted 31%, and more than half of its lives were lost.
at the same time
Tai Jing, who has been struggling, declared bankruptcy and liquidation, ending her painful journey.
? Just two hours later, Zhonghua Microchip declared bankruptcy and liquidation.
In desperation, two heavyweight chip companies fell in one day.
In addition to the two companies that have previously closed down, Lianrui and UMC, the chip industry on Taiwan Island can be described as a bloodbath.
the same day
Facing the turbulent public opinion, the spokesperson of the Taiwanese government, who was in a state of turmoil, said:
?We sincerely welcome Atlantic Jinko to invest in Taiwan, and hope that His Excellency Lord Wang Yaocheng will visit Taiwan as soon as possible to further discuss the expansion of cooperation between the two parties.
? Relevant parties have issued invitation letters in this regard, which can be said to be full of sincerity.
? For the olive branch thrown by Taiwan Island, the Wang Consortium responded quickly.
A spokesman for the Royal Family Fund said in Hong Kong:
?We are very optimistic about the economic prospects of Taiwan Island, and thank the Taiwan Island government for their warm invitation. The consortium has great expectations for further economic cooperation between the two parties. The chairman of the consortium, His Excellency Lord Wang Yaocheng, will visit Taiwan to discuss the possibility of cooperation.
May 10
? Fuso Toshiba, Sony and Hitachi announce:
Withdrew from the field of LCD panel production, its related assets will be merged and reorganized into a company jdi, which will operate independently.
It means that whether you lose money or not has nothing to do with them. Looking at it from another perspective, even if you make money so soft, I won't be jealous.
Anyway, completely stripped clean.
It's about the same time.
Fuso Sanyo and Seiko Epson announced that they would completely withdraw from the field of LCD panel production and close their factories.
As for its backward second-generation and third-generation LCD panel production lines, it was packaged and sold to BOE at a price of 100 million yuan.
So far, Fuso LCD panel companies have suffered a complete collapse, which happened earlier and more completely than in the original history.
In the field of chip production, Fusang has a single seedling of Elpida supported by the government.
In the field of LCD panel production, Fuso has government-supported jdi, and there are three LCD panel manufacturers, Panasonic and Sharp.
Both jdi and Elpida have the same mother, that is Fuso Incj Investment Fund.
incj is an investment fund with an official background, similar to China's large government industrial fund.
In addition to leading the memory chip manufacturer Elpida, it also led the investment of JDI, which also integrated the related LCD panel resources of Toshiba, Sony, and Hitachi.
It's a pity that the incj fund forgot a key point:
The combination of the weak and the weak cannot produce the strong. (Remember the site URL: www.hlnovel.com)??, close the factory.
As for its backward second-generation and third-generation LCD panel production lines, it was packaged and sold to BOE at a price of 100 million yuan.
So far, Fuso LCD panel companies have suffered a complete collapse, which happened earlier and more completely than in the original history.
In the field of chip production, Fusang has a single seedling of Elpida supported by the government.
In the field of LCD panel production, Fuso has government-supported jdi, and there are three LCD panel manufacturers, Panasonic and Sharp.
Both jdi and Elpida have the same mother, that is Fuso Incj Investment Fund.
incj is an investment fund with an official background, similar to China's large government industrial fund.
In addition to leading the memory chip manufacturer Elpida, it also led the investment of JDI, which also integrated the related LCD panel resources of Toshiba, Sony, and Hitachi.
It's a pity that the incj fund forgot a key point:
The combination of the weak and the weak cannot produce the strong. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
- Previous pageCatalogNext page