"What... Relevant parties from the Executive Yuan accompanied people from Wang's consortium to visit and want to see me?"

"Yes, Dean." Cai Lixing replied respectfully.

Zhang Zhongmou was a little surprised and put down the documents in his hands, stood up and took two steps. He already had the answer in his heart; "They are here to receive the results of the victory and see if they can recruit us. They have such a big appetite!"

"Then how should we reply to them?"

"Hahaha... What are you afraid of when we meet? The sky won't fall. I want to see what conditions they can come up with and how they can convince me?"

Cai Lixing said thoughtfully: "Know yourself and the enemy, and you will never be in danger in a hundred battles."

"Yes, that's the truth." Zhang Zhongmou nodded with satisfaction.

"Good meeting, Dean."

As a former subordinate, there is an allusion to the fact that Cai Lixing respectfully addressed Zhang Zhongmou as the dean.

1985

Mr. Zhang Zhongmou resigned from his position as senior vice president of Texas Instruments and returned to Taiwan to serve as the president of the Taiwan Industrial Technology Research Institute. This is how the title of president came about.

He single-handedly founded Taiwan Semiconductor Corporation and made great contributions to the revitalization and rise of Taiwan's semiconductor industry. He can be said to be the founder and pioneer of the semiconductor industry, with a respected status.

the next morning

In the Hsinchu High-tech Industrial Park, Director Zhao Feng and his delegation, who went to Taiwan first, met Mr. Zhang Zhongmou, the well-known godfather of Taiwan's semiconductor industry, and they had a pleasant conversation.

"Dean Zhang, I've heard of you for a long time. It's a pleasure to meet you."

Zhang Zhongmou smiled reservedly; "Welcome, Director Zhao. The famous Hollywood Chinese director Mr. Ang Lee and I are good friends. He has mentioned Director Zhao many times. He took many photos of him when he was filming the movie "Crouching Tiger, Hidden Dragon".

We are strangers in a foreign land, and when we meet you smile, you will feel so close!"

Zhao Feng heard the implication and felt a little unconvinced; "This is a good poem. As long as the general goal is the same, different approaches can be used."

"Hahaha……"

Zhang Zhongmou and Zhao Feng laughed heartily, and the meaning behind their words was self-evident.

After the pleasantries, both parties got down to business.

A tense, closed-door business meeting began

…

The negotiation process was tortuous and difficult, so I won’t go into details.

until dusk

Director Zhao Feng led the delegation and left, and the office building fell silent again.

In the chairman's office

Mr. Zhang Zhongmou and two powerful assistants Cai Lixing and Lin Xueshan sat across from each other. The three of them were speechless for a long time and looked extremely tired.

The afterglow of the setting sun shines through the glass, bringing with it the loneliness of the setting sun.

a long time

"Tell me, what are the opinions of the two major shareholders of the Dutch company Philips and the Executive Yuan, as well as the American consortium?" Mr. Zhang Zhongmou was the first to break the silence.

"Dean, the news passed through private channels is that the Dutch side is happy to see the cooperation, but has an ambiguous attitude towards the Wang Group's intention to take control, the Executive Yuan is opposed to it, and the US-funded group has different opinions, and is generally inclined to accept it.

There is a cooperation plan, but the dispute is very big. Public opinion is reasonable, mother-in-law said mother-in-law is reasonable."

"The key is that major shareholders are not optimistic about TSMC's follow-up investment and are quite resistant."

"Although the crisis has not broken out now, TSMC cannot make profits as soon as possible, and the future is worrying!"

"In the field of chip foundry, Atlantic Jinko has comprehensive advantages in capital and technology. Investors are unanimously bearish on TSMC, which is not good news for us."

After hearing these words, Zhang Zhongmou sighed: "People's hearts are broken, and it's hard to lead the team."

TSMC’s shareholding structure is quite dispersed, among which;

Citibank holds 20.78% of U.S. pension accounts, Philips holds 13%, the Executive Yuan holds 12% through the National Development Fund, **** holds 6.2% of Saudi investment accounts, and HSBC holds 3.22% of Singapore investment accounts.

%, **** Custody Abu Dhabi Special Investment Account holds 1.71%, **** Custody Europe Pacific Growth Fund holds 1.61%...

Taken together

The US-funded consortium, Philips and the Executive Yuan have the right to speak, but there are many people talking and different opinions, making it difficult to unify.

In this case, the ball was kicked to Zhang Zhongmou's feet again.

As an authority in the electronics and semiconductor industry, Zhang Zhongmou, who has won the world's best manager award, his opinions undoubtedly play an important guiding role. In particular, US-funded consortiums and financial funds from around the world pay more attention to Zhang Zhongmou's professional opinions.

These European and American investment institutions don't care who controls the market, they only care about how much investment income they can get.

Look around the world

The only company that is willing and able to make acquisitions is Atlantic Jinko, a powerful company, and there is no hope for other European and American companies.

TSMC focuses on the chip foundry field, which is a blue ocean.

At present, the most powerful chip foundry company in the world is Atlantic Jinko, followed by TSMC and Hynix in second place. European and American companies have not been involved at all.

Due to high labor costs, North American chip giants have withdrawn from the field of memory chip production. Only Micron is involved in the production of DRAM memory chips, and it is even less possible to participate in chip foundry.

Including Texas Instruments and Intel, they all produce the chip products they need independently and will not OEM chips for other companies.

As for investment

There are quite good chip companies in Europe and North America that can be merged and acquired. It is also convenient to integrate the same company with the same type, which can make up for the shortcomings of the product line in the field of application chips.

TSMC's prospects are bleak, and the chip foundry industry it operates in has very low profits, so there is absolutely no value in M&A investment.

Asia region

Now Samsung has too much time to take care of itself, and the US-funded consortium behind it won't let it act as it pleases. If it can't make money, it won't be strong in speech, and it will live like a loser, so don't think about those excessive demands.

Elpida is even worse than TSMC. It relies entirely on the Fuso government’s lactation infusions to survive, and it refuses to die even with a sigh of relief.

from the heart

TSMC is like Zhang Zhongmou’s own child. Who is willing to sell his son or daughter if there is even a slight possibility?

We were really pushed into a corner and had to make a choice.

Zhang Zhongmou took out a note from his pocket. This was a note that Director Zhao Feng had secretly handed to him when he was leaving. He said it was a note personally written by Wang Yaocheng, the chairman of the consortium.

When you unfold it, you will see a sentence written with dragons and phoenixes dancing on it;

The battle for advanced manufacturing processes is a matter of life and death. Whether it is a 10% reduction or a 70% reduction in the golden autumn season is a matter of the dean’s wholeheartedness. We look forward to it!

These words hit Zhang Zhongmou's heart like a heavy hammer.

His last bit of resistance was completely gone.

Everyone is a discerning person. Wang Yaocheng has already seen the fate of chip foundry companies and will hold on to them tightly. This way, TSMC will never stand a chance.

It has been written very clearly above;

Whether it is reduced by 10% or 70% depends on the dean’s wholeheartedness. We look forward to it!

When TSMC's 0.13 micron advanced process is put into production, if it does not surrender, then the price will be significantly reduced to 70%, completely closing the door for TSMC to make profits.

One step behind, one step behind.

In the field of chip foundry, the winner takes all, and the companies that follow behind can only eat the leftovers.

If the boss is unhappy, he can kill the younger brother in a minute. The truth is so cruel.

so-called;

Women are afraid of marrying the wrong man, and men are afraid of getting into the wrong profession.

Now that TSMC has embarked on the path of Huashan, there is absolutely no way out.

The God of Wealth King is so cruel, leaving no way for him to survive.

Zhang Zhongmou glanced at the two silent men, and saw submission in their eyes, and his heart became cold and dark as if he had fallen into an abyss.

He asked dryly;

"You...have all decided?"

"Dean, the Dutch company Philips and foreign capital have reservations about continuing to invest heavily. They told me privately, why should they continue when they know there is no hope of a comeback? It's really stupid."

"The opposition from the Executive Yuan is not based on commercial considerations, but more on partisan demands. We can completely ignore it."

"This company contains countless efforts of ours, and it is really unacceptable that it has collapsed like this."

"Yes, Dean, the God of Wealth King is vicious and will not leave us a way to survive if we resist."

"Please think twice!"

Listening to what Cai Lixing and Lin Xueshan, both of whom he had single-handedly trained, said, Zhang Zhongmou felt that all his moral integrity was shattered and the semiconductor empire he had planned in his mind fell apart and gradually moved away from him.

So far

Dreams burst like bubbles and disappear without a trace.

Zhang Zhongmou resigned from Texas Instruments, where he had a high salary and generous treatment, and had great authority over tens of thousands of people. He resolutely returned to Taiwan to start a business for 17 years. In the end, he ended up marrying someone else. He felt endless bitterness in his heart.
To be continued...