Reinventing the Millennium.

Chapter 933 Qimonda Bankruptcy (4k)

Being in Silicon Valley, Kong Yu really had a good rest for two days.

He still has the magnificent aftertaste left by the financial crisis in his heart, and because he is not too free, he is a little sad.

But on the day when he was scheduled to attend the Silicon Valley Big Boss Dinner, Kong Yu suddenly became curious, put down the red wine in his glass, and arrived at the Yike Silicon Valley R&D Center since the morning. work.

There are two meetings in one morning, one is the Double Eleven of the domestic e-buy website, and the other is the summary meeting of the domestic ice core service alliance. The lunch time between the meetings and after the end is filled with documents.

In the afternoon, Mr. Fang enthusiastically played with the competing mobile phones on the market with the team of the R&D center, discussed ideas for future products, and also solicited opinions on department reorganization in the Silicon Valley Center.

In the evening, Kong Yu went to the office first, waiting for the boss to answer the phone call that came in temporarily.

It was still the familiar Biluochun.

But Kong Yu's mood of drinking tea this time became a little different.

Mr. Fang, your life is so so...

For a while, Kong Yu felt that he was close to depression. He often slept in New York all night, and went to the Louvre in Paris to see famous paintings tomorrow. It is true that the work pressure is great, but his life is still chic.

Mr. Fang, this, this, this... Where did you get so much energy?
Half an hour later, when Kong Yu saw his boss walking into the office in a hurry, the first thing he did was to grab his clothes and say "go".

"Mr. Fang, isn't it starting at eight o'clock?" Kong Yu immediately picked up his clothes and followed.

"An old friend arrived earlier, and Sony's Stringer also came to join in the fun, so I happened to chat with him about some cooperation matters." Fang Zhuo laughed.

Kong Yu followed the boss's footsteps with a sullen head, and when the three cars took their seats, he got into the car and couldn't help asking: "Mr. Fang, you've been busy from morning to night, aren't you tired?"

After he said this sentence, he felt that it seemed inappropriate, and added: "If it were me, I would definitely not be able to support such a work intensity."

Fang Zhuo looked at Kong's bald head in surprise: "Is your health failing?"

"Ah, no, I mean work pressure." Kong Yu said hastily.

"Work pressure...Although there is a lot of competition in all aspects, it's okay." Fang Zhuo thought for a while, and somewhat understood what Mr. Kong was talking about, "Your job is to often look at numbers, and I can feel more substantial. Variety."

He smiled and said: "Mr. Kong, you have done a good job. As far as we are concerned, you are really good, but you have to look forward like me. As long as you look up, there is no Buffett in front of you." , I am the same, I look forward, Nokia is still alive, Taiji is still far ahead."

"You, just set a goal for yourself. When you become the Buffett of the new era, no matter how boring you are, think about something else."

Fang Zhuo chatted: "The world is so big, the market is so broad, and there are so many opportunities. You have to take advantage of this good time to do more. When you become a benchmark, capital surges in with a wave of your hand. How interesting is that?" , Boss Kong, don’t you think so?”

Kong Yu felt that the boss was... again pouring ecstasy soup on himself.

"You have nothing wrong with your body, but your mental state may be a little sluggish. The needs of customers are still very strong. You can't be content with mediocrity." Fang Zhuo glanced at Mr. Kong, and seeing that he didn't take it seriously, he could only say, "This It’s not easy for you to retire for a few years, so it’s better to do more.”

Kong Yu felt that the boss had finally spoken his mind!

The short-selling is basically over, and the business in Europe needs to be prepared and observed, and the MIGA fund, which has been silent on the bright side, is about to come back out of the arena.

The market is now panicking, and many high-quality assets have prices that obviously do not meet their actual values.

When others are fearful, it is time for greed again.

And, for the disposal of toxic assets that will soon be involved, the MIGA Fund does not need to appear so clearly, but it does not need to be separated by many layers, as long as it protects the privacy of customers.

Kong Yu's thoughts wandered again.

Fang Zhuo didn't continue talking, and started thinking about his own affairs instead.

As an external director of Sony, although he didn't care about the group's situation for a while, the old Jazz still lived up to his expectations and brought the group a loss.

But can Stringer be blamed for this?
The problem of the big environment!
Fang Zhuo wanted to help his old friend solve problems, and increase the shareholding ratio of Shencheng No. [-] Factory, which Bingxin cooperated with Sony.

Before, Bingxin operated the fab with 50% + 1 share, while Sony divested the sensor department after several considerations and established a subsidiary to hold 50% of the shares.

This cooperation has been going well, and Sony has a solid foundation in sensors, and, with the concentration of energy, there is an increasingly better trend.

Last year's Sony successfully turned a profit, and this year's Sony successfully turned a profit.

Fang Zhuo reckoned that buying the building in Sony New York would not be very feasible now, but it might be possible to eat some meat from sensors.

At 06:30 in the evening, Stringer, who arrived in Silicon Valley ahead of schedule, looked haggard.

When Fang Zhuo saw Stringer, he made the most sincere suggestion: "Sir, come and build Android with me. I heard that Sony Ericsson has lost a lot of money, and our Android is short of a strong leader right now."

He had already mentioned this to the old jazz, and he had already noticed...

Stringer asked with a smile: "Don't you already have Samsung in Android?"

"Sony Ericsson is no worse than Samsung, why bother to do WM with Microsoft." Fang Zhuo persuaded.

Stringer still smiled and shied away: "You should ask Miyamoto for the judgment of mobile phone products. I will not refuse to cooperate with Microsoft, nor will I refuse to cooperate with Google."

"Next time I go to New York, I will definitely call Miyamoto and ask him to listen to my sales pitch." Fang Zhuo shook his head slightly. He had already noticed that Stringer was arrogant as the head of Sony.

He would rather prefer Microsoft, which has long been a giant, to carry its WM system, than to easily try Android, which is the first system.

Fang Zhuo's sincerity was enough.

He chatted a few words about the current work of the Sony sensor, and found that the old jazz was not familiar with this aspect, so he had to popularize some of the situation first, leaving a topic for later.

Stringer's visit to Silicon Valley this time is also a social activity, and the real topic is today's dinner.

This dinner is a private gathering involving many technology giants in Silicon Valley. Google's Schmidt, Oracle's Ellison, Twitter's Dorsey and others are among the guests. It is said that there will be discussions on stimulating economic growth and Discussion on the topic of increasing employment.

Fang Zhuo feels half and half about being invited this time. Yike mobile phone has suddenly emerged and also holds shares in Twitter. After helping Xiao Ao, the fund does not need to run around for speeches for money, and does not need to take photos everywhere for knife fun. It is personal.

By the way, he also recommended Mr. Kong, and then launched a wave of recruiting activities for fund customers. The core customers such as Xiao Ao, Geithner, and Summers must be very busy in the future, and the relationship between them can be directly used Numbers speak for themselves, but there is still a need for some players who can play golf without incident, and they probably need to be screened from Xiao Ao's team.

Fang Zhuo put aside losses and strategies in the banquet hall, and had a good chat with the old jazz.

Soon, with the arrival of Schmidt, Zuckerberg and others, everyone's topic began to focus on the current economic situation.

Fang Zhuo listened a lot, without any sense of presence.

When Xiao Ao, Lu Peining and others arrived at the restaurant, the atmosphere of the discussion reached its peak.

Taking advantage of their communication, Fang Zhuo chatted with Chinese Lu Peining, Xiao Ao's core staff member. They were not very enthusiastic, but they were not indifferent either.

It was not the first time for Kong Yu to meet Xiao Ao, but this time his feeling changed suddenly.

This is the guy who just won this month!

"I'll buy Google's stock in the future and see how radiant Schmidt is." Fang Zhuo and Lu Peining laughed, then turned to Kong Yu and said, "Right, Mr. Kong?"

Kong Yu was a little distracted just now, and didn't get involved in the boss's topic in time, but he nodded immediately when he heard this sentence, and praised: "In the current financial crisis, our fund is very cautious, but Google's prospects are definitely very good, and it is worth it." hold for the long term.”

Lu Peining smiled and said, "I don't understand this kind of thing, but I know..."

He complimented: "The cooperation between Google and Yike is very dazzling, and Yike's stock is definitely worth holding for a long time."

Fang Zhuo laughed loudly: "I will do my part. That's right, Yike is selling very well this quarter. We are waiting for the Christmas promotion next month. Although the economy is in a downturn now, there must be a time in the past." , Yike stock will rise very well in the future.”

Lu Peining nodded in agreement.

According to his observation, the mobile phone industry seems to be undergoing profound changes, and Yike is very competitive.

"Mr. Kong, remember to buy more stocks of Google and Yike first, and then use the remaining money to buy other companies that came today." Fang Zhuo ordered jokingly.

Kong Yu felt that part of the work content was being activated.

He quickly talked about the value investment philosophy of MIGA Fund in Lu Peining's half-smile eyes, value investment, not price speculation...

The dinner went smoothly, and the accompanying assistant took a group photo for everyone.

Fang Zhuo only had a brief chat with Xiao Ao at the end, and he insisted that globalization is a good way to deal with the financial crisis.

Kong Yu was relatively far away at this time, he didn't know the content of the chat between the boss and this man, just looking at this scene felt quite magical.

But what kind of magic method is specific, it seems that it is not easy to say.

Everyone is making money, seeking common ground while reserving differences to make money.

At 10:30 in the evening, the dinner party ends.

Fang Zhuo's pleasantries with everyone he knew or just met also made Mr. Kong maintain a relatively independent attitude from himself.

When everyone left and Fang Zhuo was about to get in the car, Kong Yu's phone suddenly received the latest news, and just as he was about to notify the boss, the secretary on the other side, Liu Zonghong, had already attached to his ear.

"No way? So fast? Qimonda filed for bankruptcy just like that?"

Fang Zhuo was surprised.

Liu Zonghong nodded seriously. This is the latest news that Qimonda of Germany has just announced that it has filed a bankruptcy application with the Munich District Court.

Kong Yu couldn't help but slander, it was indeed fast, but the reason why it was so fast...

Fang Zhuo said regretfully: "The environment is really bad, let's go, get in the car."

The car started slowly.

Fang Zhuo looked through the address book, looking for the phone number of Mr. Luo, the head of Qimonda.

He called and was on the phone.

"Qimonda filed for bankruptcy like this, it really makes people defenseless." Fang Zhuo pinched his phone, "The problem is, there is really no explanation for the OEM fee owed by Qimonda, and we have to be informed of the bankruptcy. One sound."

"Qimonda's funding gap must be unexpectedly large." Kong Yu manipulated the short-selling of Qimonda and naturally studied its situation. And the huge loss, now there is no funds, it is really unsustainable."

"The most important thing is that Infineon is not willing to spend money to save lives. If Infineon does not save itself, how can others dare to pay?"

Fang Zhuo predicted Qimonda's bankruptcy, but he did not predict the timing.

Thoughts swirled in his mind. Qimonda, the light of memory in Europe, was the first to fall. This is undoubtedly the prelude to the reshuffle of the DRAM industry.

What does this mean for ice cores?
Do you want to spin off the second Lin'an factory as soon as possible and operate it independently?

The core business of Ice Core is the foundry of advanced manufacturing processes, and the memory is separated by a layer, and the development of the two sides is also different.

Just when he was thinking, there was a call back from Mr. Luo Jianhua.

"Mr. Luo..." Fang Zhuo pressed the answer button and sighed, "Mr. Luo! You, you!"

Luo Jianhua had no voice.

Fang Zhuo sighed: "Hey, Mr. Luo, you really... well, it's really not a good environment."

Luo Jianhua couldn't help sighing when he heard such a sigh from Mr. Fang: "Mr. Fang, I'm sorry for you."

He knows too well what it means to cut orders at the Lin'an factory on a large scale.

Fang Zhuo knew what Luo was always talking about. He wanted to scold the other party, but thinking about himself, he didn't deserve it, so forget it, and look forward for now.

"Is Qimonda really irreparable?" he asked.

Luo Jianhua asked with his last hope: "Can Bingxin or Yike come up with funds?"

Fang Zhuo replied decisively: "If you can't get it out, the environment is not good. Who would dare to use the life-saving working capital at this time?"

Several companies that Luo Jianhua asked for help had the same reasons. Who would dare to take money during an economic crisis?
He could only answer the previous question bitterly: "It's irretrievable. Germany is unwilling to buy our shares and has already clearly refused. Infineon is unwilling to take money, and banks are unwilling to lend. Everything is gone. Now It is also facing huge losses.”

Fang Zhuo was silent for a while, then asked: "My side..."

"President Fang, don't worry, Qimonda will auction off its assets after going through bankruptcy procedures, and the OEM fee will be settled." Luo Jianhua could only say so.

Fang Zhuo thought about it, and continued: "No, Mr. Luo, I'm not asking you about the OEM fee, I just want to ask you, since Qimonda is irretrievable, have you considered the development of the mainland?"

Luo Jianhua was taken aback, this...

After thinking for a few seconds, he still said, "I haven't thought about the future issues for the time being. I want to deal with Qimonda's bankruptcy."

"Yes, I know, I'm just sorry, it's obviously an environmental problem." Fang Zhuo said regretfully, "So, Mr. Luo, you deal with the Qimonda matter first, and next month I will probably go to the Chamber of Commerce in the Mainland Visit Europe, we can chat then."

Luo Jianhua suddenly felt a little comfort. Although Qimonda went bankrupt, people like Mr. Fang still recognized him.

"Mr. Luo, be strong, come on." Fang Zhuo gave the last encouragement.

After Luo Jianhua thanked him, he ended the call.

Kong Yu, who was listening to the call next to him, was a little startled: "Mr. Fang, will Mr. Luo be invited to Bingxin?"

"Qimonda has collapsed, but Qimonda's patents are still there. If Mr. Luo is willing to give more convenience in the process of disposing of the patents, so what if he is allowed to come to the ice core." Fang Zhuo sighed, "After all, the environment is not good. Well, it’s not all his fault.”

After all, the general environment is not good, or if Qimonda's patents try to reincarnate from the dirty soil, the environment here may be better.

(End of this chapter)