Reinventing the Millennium.

Chapter 1391 Deserved (4k)

From the summit of the Mars 11 series in November last year to mid-January now, due to external public opinion and rumors of multiple meetings in Washington, some of the senior executives of Yike and Bingxin have been relatively prepared mentally, and both Fang Zhuo and Yu Hong also made a lot of preventive arrangements at work before returning to China.

But for many of our American friends, the uncertainty of Yike’s future is increasing, and along with it, the uncertainty of the MIGA fund is also increasing.

MIGA is not the only fund in the world that makes money. If the brand identity of "Mr. Fang" becomes blurred, the friendship between them may also become blurred.

Based on this situation, Kong Yu closely followed the development of cryptocurrencies while also noting the boss's empowerment of AMD, and believed that this could be a very good value investment.

Doesn’t AMD lack advanced processes?
Just fill the ice core.

What is still missing after filling in the gaps?
There seems to be a lack of stable supply.

So, make up for what is lacking.

Kong Yu is not only helping to mediate in Washington, but also working on crisis plans, which includes the use of laws and regulations. If Bingxin faces restrictions, customers such as Yike and AMD can temporarily lift or relax restrictions from US businesses in the form of a temporary general license (TGL) based on the Export Administration Act and the corresponding Export Administration Regulations.

This TGL allows the restricted entities to continue to carry out previously restricted export, re-export and transfer activities within a certain period of time and under certain conditions.

Kong Yu didn’t know whether AMD had such an expectation, but he had already considered the patch in advance.

A Chinese company like Yike may not be able to obtain TGL or obtain TGL for too long, but AMD is an orthodox American company. Will it harm the interests of its own people?
Based on this situation, for the benefit of American companies, for the Mani in everyone's hands, and to ensure the stable shipment of Bingxin, Fang Zhuo promoted AMD to the spokesperson of his most influential friend.

AMD is just a small company. It had a market value of 20 billion at the end of last year, but this month it has lost even 20 billion.

Lisa Su's promotion was not well-received, and the continuous layoffs and restructuring also dampened the sentiment of the secondary market.

but……

Just like Yike, which launched the Mars 11 series in November last year, its market value soared by 8.8% in two months. If it had not been affected by the news from Washington, it would probably have reached a higher level.

If AMD can obtain the support of advanced process, is there any hope of replicating Yike’s stock price trend?
Is AMD's market value too small?
This is a good thing.

Based on this consideration, Fang Zhuo gave a new "target", and the response from his close friend Austin and subsequent friends also welcomed it.

The ascent of Yi Ke and Bing Xin has stirred up a lot of public opinion in Meilijian, which is in line with the rapid development of the East. No matter what, there will be an explanation in the end, but many things have been mixed together, and many people are not easy or willing to cut off. So, as long as there is a steady stream of benefits, just turn a blind eye.

After obtaining the subsequent implicit commitment, Fang Zhuo had another call with AMD's head Lisa Su, and took the initiative to mention the geopolitical risks of IceCore.

Before this, the two had only briefly discussed this point. Su Zifeng didn't want to talk in detail or speculate about the future, but she found that Mr. Fang was more straightforward this time. He talked about Bingxin's subsequent process research and development, as well as the supply guarantee for AMD.

"Mr. Su, even if Bingxin is restricted, we will find a way to help AMD apply for BIS's TGL. Each time is for 90 days, and it should be no problem to do it four or five times. Or, we can be more optimistic. Since everyone is cooperating, Bingxin will definitely do its best." Fang Zhuo stated.

Su Zifeng was quite... flattered by the attitude from the head of Yike. This... you are more worried than me.

She thanked Mr. Fang and took this opportunity to verify the news she had heard.

It is said that Yike's talks in Washington broke down. Yike insisted on not changing chip manufacturers, which may lead to a severe investigation by BIS. Affected by this news, the increased uncertainty of Yike has caused its stock price to fall back this week.

"YiKe's market value is too high, so it is bound to be subject to stricter scrutiny. I never thought that YiKe would be able to compete with Google and Microsoft one day." Fang Zhuo said lightly, "Many current market speculations are wrong. YiKe has never been certain. Everything depends on the development of the situation and the competitiveness of its products."

After listening to these words, Su Zifeng interpreted them as Yike's expectation to switch to OEM manufacturers such as Taiji and Samsung.

After much hesitation, she gave a piece of advice that she had learned from her own experience: "Mr. Fang, if you want to change Yike, you can change anyone, but you must not change GlobalFoundries."

Fang Zhuo: “…Okay.”

He didn't know what happened during Mr. Su's work at GlobalFoundries, but it seemed that Kosun Mobile was a little bit cheated by GlobalFoundries.

Yike Mobile has been developing very well recently. However, Kesheng Mobile, which was subcontracted by Bingxin, originally hoped to use GlobalFoundries' 20nm process technology to achieve a higher positioning...

Then there is no more.

Low yield, unstable process, temperature control problems...

Last week, Fang Zhuo received several long messages from Ni Boren, CEO of Kesheng Mobile, on Yixin, which was indeed a bit upsetting.

"Mr. Su, I expect that the cooperation between our three companies will produce results this year. We can't wait for our autumn press conference." Fang Zhuo showed his anticipation during the phone call.

Because of the ZEN architecture license, there is nothing to hide. The research and development is jointly carried out by Yike, AMD and Bingxin.

If the product can achieve the expected results, Yike's notebook is expected to be equipped with a 16nm CPU from AMD in the fall, and once it appears, it will inevitably cause a great psychological impact on Intel.

Of course, this is just an ideal state. Research and development will inevitably encounter strange problems. If the progress is far below expectations, the shark friends cruising in the financial market will have to continue looking for new targets.

On January 1, Yu Hong, who had returned to China for nearly a week, walked into the president's office of Yike 20, holding in her hand the R&D cooperation between "Yike Optoelectronics" and AMD and Intel.

Yike's cooperation with these two companies is carried out through its subsidiary "Yike Optoelectronics", and Yike Optoelectronics' current CEO is Morenkov, the former COO of Qualcomm.

Before and after returning to China, Yu Hong has been busy dealing with the restricted risks faced by Yike. In the past two days, she participated in the general office meeting and listened to everyone's discussions on many collaborations. She felt both amused and sad out of the blue.

"You, Yike Optoelectronics, are hooking up with Intel while building AMD into a 'strategic partner'. Aren't you afraid that both customers are cursing you in their hearts?" Yu Hong put the document she had finished reading on the desk.

"Please take a seat, Mr. Yu." Fang Zhuo said seriously, "It's no problem. AMD is Yike Optoelectronics' strategic partner for PCs, and Intel is its strategic partner for mobiles. We all know clearly."

Yike Optoelectronics has already started cooperation with Intel on baseband chips, which is part of the setup for Qualcomm.

Judging from the current results, Qualcomm, which acquired Avago and changed its CEO, has not yet met the market's expectations before the acquisition. At that time, everyone believed that the new Qualcomm could easily exceed $1000 billion. As of late January, it only had $900 billion.

"When will Yike Optoelectronics release the same baseband?" Yu Hong asked again.

Fang Zhuo did not answer this question. He looked at Yu Hong with a smile and said, "This matter was arranged by Morenkov. Why are you concerned about the optoelectronics side?"

"I thought Yike Optoelectronics was just taking over Infineon's WLS mid- and low-end wireless chips, but you used it as a lever for cooperation with Intel, and then invested in AMD's architecture license. When it was founded, it also incorporated Sony's CMOS sensors. If all of these are developed..." Yu Hong paused and said seriously, "It's going to be quite large."

"What's the matter? Mr. Yu, do you want to try out optoelectronics? Have you been looking around the company for a few days and haven't found a suitable position?" Fang Zhuo teased.

Yu Hong took only one day off since returning to China, and then began to familiarize herself with the personnel at Yike headquarters. After all, she had been in the United States for a long time, and she knew the names and resumes of many middle and senior management staff, but she still had to register with the real people.

Moreover, as a co-founder and the King of America, his positioning on this trip back is a little bit delicate.

She founded Yike together with Fang Zhuo, and led the team to expand into the U.S. market. In recent years, she was promoted to director and vice chairman... As the saying goes, there are only wrong names but no wrong nicknames. The title of "King of America" ​​is also a reflection of status.

Now that she has returned to China, Yike's global market is still there, but it is hard to divide the specific things she will work on. In China, whether it is Qi He or Liu Qiangdong, their ecosystem and products are both very successful.

Yu Hong glanced at Mr. Fang, and leisurely made a cup of tea, then said: "Yike Optoelectronics already has Morenkov, and you poached him from Qualcomm. Wouldn't it hurt his feelings if I go there now? I can't take care of R&D. Qi He and Liu Qiangdong are very stable in China, so..."

She dragged out her voice a little and smiled, "I've seen that Zhang Yaqin's Emerging Industries Business Group (EBG) is quite weak, and what they are researching is quite interesting. I think I can lend a hand."

Fang Zhuozhen didn't expect to hear this answer. He looked at Yu Hong in surprise and said thoughtfully: "Emerging Industry Business Group..."

EBG is a business group that Yike has added in the past two years. Its president is Zhang Yaqin, the former vice president of Microsoft, who also serves as the vice president of cloud computing YWS.

Because of this new action and Zhang Yaqin's resume, EBG has received much attention and expectations since its establishment. However, there seems to be no output in the past two years. Zhang Yaqin often travels to the United States and Europe, and the general office meetings mostly discuss Yikeyun's overseas development.

In this case, EBG has no presence.

"EBG is responsible for undertaking research and development, converting technology, developing the market, and planning for the future. I think it's pretty good," said Yu Hong.

Fang Zhuo was still hesitant, and after a moment he said, "EBG has uncertainties, and it will be difficult for you to achieve anything in a short period of time after you go there."

"A co-founder can't sit on the sidelines, right? I read two emails from Zhang Yaqin, both of which advocated that the company start the project in the form of an integrated electric vehicle. You are quite hesitant, right?" Yu Hong noted the look on the man's face and speculated, "The current domestic subsidy policy in this area is quite aggressive. Apple has already started the project, and Tesla, which Zhang Yaqin visited, was also quite enthusiastic. I'll study whether this direction is feasible. If it is, then I'll have found a new job."

Seeing the co-founder's relaxed tone, Fang Zhuo couldn't help but smile and said, "This direction involves too much, and it will definitely be discussed in the general office. No matter how you study it, I will see what everyone thinks about this matter."

"I talked to Zhang Yaqin yesterday. I think his enthusiasm for the new project is not out of his personal interests. Whether it is the market trend or the manufacturers he visited one by one, they are all very convincing." Yu Hong said seriously, "Have you ever considered that Yike will become an automobile manufacturer?"

Fang Zhuo shook his head honestly without giving it any thought.

"Well, times are changing. We need to look at the pros and cons of this matter. This is one of the meanings of my coming back." Yu Hong did not persuade, but also looked at it with scrutiny.

Fang Zhuo thought for a while and was about to continue discussing this topic when he received a call from Qualcomm's new head, Chen Fuyang.

"Mr. Fang, thank you and thank you Yi Ke." Chen Fuyang was very enthusiastic as soon as he got on the phone.

Just now, the final results of China's antitrust investigation on Qualcomm were released. Unlike the earlier news, this time the punishment was relatively light. First, Qualcomm's whole-machine ratio extraction was not completely abolished, but reduced; second, the fine was only 20 billion Chinese yuan.

After the investigation and handling was completed, Qualcomm’s stock price immediately soared.

"Mr. Chen, you are too polite. The antitrust investigation has nothing to do with Yike." Fang Zhuo said.

Chen Fuyang knew the reference opinions provided by Yi Keshang. He believed that the lighter punishment this time was a manifestation of President Fang's compliance with his promise. All the bad news will be good news. Now is the time to hit the market value of 1000 billion US dollars.

"Mr. Fang, Qualcomm and Yike still have a lot of room for cooperation." Chen Fuyang still repeated his point of view, then he slowed down his speech and said meaningfully, "Especially at this moment."

What time?
It was a time when Yi Ke had trouble connecting with Washington.

Yike used to be equipped with Qualcomm's flagship chip. If its future Zhurong chip is restricted, it can still continue to use Qualcomm's Snapdragon.

Fang Zhuo naturally understood what he meant, but he did not get angry. Instead, he responded with a smile.

Chen Fuyang chatted for a while and finally thanked him again: "Mr. Fang, both I and Qualcomm are very grateful for your help and encouragement. The new Qualcomm will have a better future."

"No need to thank me too much, this is what you deserve." Fang Zhuo replied.

Before Chen Fuyang hung up the phone, the landline in his office rang and there was a knock on the door at the same time.

Immediately afterwards, a piece of news that made him frown came out: the US Supreme Court confirmed that it would hear Qualcomm's patent monopoly case.

Before he could think about it, another piece of news arrived at his desk near noon: Intel released an independent 4G baseband chip that was said to be world-class.

The stock market was obviously too happy too early. As one negative news ended, more negative news emerged.

After rising first and then falling, Qualcomm's market value fell below US$900 billion.

Chen Fuyang's day ended in the deserved rush. He suddenly recalled the phone call with Mr. Fang today. He felt that the words were like sand in the rice, which brought him unexpected pain.

(End of this chapter)