novelslam Chapter 1423 Take care of yourself
Chapter 1423 Take care of yourself
Chapter 1423 Take care of yourself
Fang Zhuo's two-way journey with Linde Group is an unexpected surprise. It can be regarded as a stroke of luck based on his excellent personal reputation, which will give hope that the controllable foundation will be further consolidated. However, it is only one part of the work and it will take time to implement.
In the second week of July, in addition to inspecting Bingxin's work in Shanghai, Fang Zhuo mainly discussed and thought about one thing. In the end, he decided to completely split up Morningstar Semiconductor, integrate the main "Morning Star" chip series into Yike Optoelectronics, and transfer part of the R&D team to Yike.
As a result, Yike Optoelectronics will become a chip design company with very comprehensive business, possessing the world's leading baseband chips, SoC chips, and image sensor technologies, and can provide a package of solutions to the industry.
The news of this incident did not cause much shock. Domestic companies that have cooperated with Morningstar Semiconductor are very calm. No matter how things change, Yi Ke is the one leading the way behind the scenes. Now that the two words "Yi Ke" are directly added to the beginning of the name, the development prospects are even better.
Only two companies in competition are feeling anxious at the same time, one is Qualcomm and the other is MediaTek. MStar Semiconductor originally focused on mid- and low-end chips, but now it has the resources and business empowerment. Both its 4G baseband and image sensors are world-class. With Yike's support behind the scenes, competition in the Chinese market will inevitably become more intense.
In addition, Yike Optoelectronics has technical cooperation with Intel, and WLS previously supplied 4G chips to the global market. The improvement of overall competitiveness will undoubtedly further promote its external expansion.
After the spin-off of MStar Semiconductor, Yike Optoelectronics' listing may not be far away.
On July 2, Yike Yigui released its Q financial report, and all data showed a relatively healthy natural decline. In addition to the end of the strong period of its own products, the release of new phones by Apple and Samsung also brought certain impacts.
This situation did not surprise Wall Street, and the issue surrounding Yike now is not its performance.
Just looking at Yike's Q2 financial report, it is still one of the top companies in the world. However, it is already mid-July and the dark clouds hanging over its head have become increasingly larger.
This dark cloud is reflected in the financial report as a surge in data. Yike's inventory increased by 46.7% at the end of the period compared to the beginning of the period. This increase is most likely because Yike had to significantly increase its inventory from Bingxin when it had not yet reached a cooperation agreement with other suppliers.
In order to verify this speculation, someone proved the changes in the distribution of Bingxin's 16nm production capacity. The originally planned capacity ramp-up did not affect other customers, but instead delayed the delivery cycle.
Yike is buying in large quantities, while Bingxin is processing and making some extra efforts.
This is probably the situation today.
Just the day after Yike’s Q2 financial report was released, a new change was also announced. The legendary autumn press conference scheduled for September was moved forward to August 9.
The three major manufacturers have all made different changes in facing the market this year. Samsung launched Glory in May, Apple launched iPhone in June, and after two months, Yike is finally going to launch its flagship for the new year.
Moreover, the new product was launched even though a new wafer manufacturer had not yet been finalized.
This means that at least most of Yike’s new machines will still use technology from Bingxin International.
Public opinion now generally believes that if Yike continues to obtain BIS temporary licenses, it may continue to be approved to cooperate with Bingxin International within the year.
Combining the two, Yike will most likely have two batches of products, Mars and Selfy, this year.
There is no obvious positive or negative news about the Q2 financial report and the autumn press conference, and Yike's stock price remains volatile. It is worth mentioning that the overall US stock market has risen a lot this year. The market value of Google, which was not much different from Yike's market value at the beginning of the year, has approached 5000 billion US dollars, and the growth of Microsoft, ExxonMobil, Facebook, and Apple are all quite good.
In view of the volatility of Yike’s stock price and the complexity of certain issues, many rating agencies have recently recommended a wait-and-see approach.
On July 18, when many media were discussing Yike's confirmed autumn press conference, Samsung came out and announced the latest news, confirming that it would not provide wafer manufacturing services to Yike within the year.
Following Intel and GlobalFoundries, Yike has one less company on its global 16nm process candidate manufacturer cooperation list.
There are only six manufacturers in the world that are mass-producing or close to mass-producing the most advanced technology: Bingxin, Intel, TAJI, Samsung, GlobalFoundries, and UMC. Now, only TAJI and UMC, two manufacturers located in Taiwan, have no clear news.
There is not much time left for Yike, and there are not many partners left for Yike to choose from!
Although news soon broke that YiKe was in further talks with UMC about cooperation, YiKe's stock prices on Nasdaq and Hong Kong still fell significantly.
On July 20, a fund under Capital One, a US financial company, issued an "Open Letter to Mr. Fang" which was widely circulated. The letter criticized Mr. Fang for his slowness and believed that he must now be more determined to solve the problem and take more positive actions to safeguard the interests of the company.
Be slow! Be more determined! Be more positive!
Mr. Fang, look at what has become of your YiKe, its market value is only 3600 billion US dollars!
However, as time went by, the shadow shareholders had different views on this matter. Mr. Fang might not be slow, undetermined, or passive, but just afraid...
I’m afraid he’s too determined and too positive!
On the evening of the 23rd, Fang Zhuo unexpectedly received a call from the shadow shareholder himself. Under the influence of the MIGA fund, he is now gradually transforming into an Austrian coin.
The two of them had a very fierce quarrel.
"Yi Ke should stop now, you are just creating friction now!"
Fang Zhuo was very angry: "What do you mean by I created it? It was BIS that created the trouble. It was BIS that issued a temporary license. Also, why were Yike's two regular acquisitions in the previous few months stopped by the SEC? Am I creating trouble?"
He continued angrily: "It turns out that blindly giving in is useless!"
"Have you retired?" The person on the other end of the line sounded incredulous.
Fang Zhuo answered loudly: "Haven't I withdrawn yet? BIS asked Yi Ke to apply for a license, and Yi Ke applied for a license. We do things in an orderly manner and abide by all rules and regulations. Isn't the attitude I expressed good enough?!"
"You, that permission is for, for Yi Ke's own good." The person on the other end of the line was suddenly speechless.
"We all know whether it is good or bad." Fang Zhuo replied.
The other end of the phone was silent for a moment before saying, "The future of Yike is in your hands. You take care of yourself."
Calls to private numbers were disconnected.
However, despite the quarrel, when Kong Yu of MIGA Fund learned about the discord between his boss and the shadow shareholder, his anxiety was quickly soothed.
On July 2015, 7, news from the Securities and Exchange Commission was revealed that the SEC was considering more active involvement in the cryptocurrency market, believing that many initial token issuances (ICOs) may constitute securities issuances and should comply with the provisions of federal securities laws.
The news that cryptocurrencies will be brought under the regulatory framework of securities law is seen as a way of recognizing their legitimacy as an investment tool.
Affected by this, a variety of cryptocurrencies fell first and then rose, and some even reached historical highs.
The number of phone calls and contacts here at Kong Yu's place has increased instead of decreased, and the workload is heavier than ever before.
As the saying goes, friendships can end but business can’t. No matter how much you quarrel or make a fuss, don’t joke about money.
(End of this chapter)