Chapter 731 [Lao Mei responded quickly and increased restrictions]

In the next few trading days, the semiconductor sector continued to strengthen under this heavy positive stimulus, which also helped the broader market index continue to rebound, and intraday dips will always be pulled up.

The landing of the big fund has drawn attention to Xincheng, because this city has gathered many semiconductor companies, covering the upper, middle and lower reaches. According to incomplete statistics, there are hundreds of semiconductor technology innovation companies, large and small, in the high-tech industrial park of Xincheng.

It has become the center of a high-tech industrial cluster represented by the integrated circuit industry in China, and not only semiconductor companies, but also the headquarters of star-level technology companies such as Xingyu Technology, Quantum Beat, and Kyushu Blue Arrow. .

After the big fund landed, many people speculated whether it was related to Qunxing Capital, because many companies in the first batch of investment projects have a common identity, that is, Qunxing Capital holds equity in those companies, and even holding subsidiaries .

However, Qunxing Capital came out to "refute the rumors" and said that the big fund has nothing to do with Qunxing Capital, but only enjoys the support of the state. Anyway, it will not jump out to admit it at this time.

Only a small number of high-level people know that the management team of the big fund is actually led by people sent by Qunxing Capital behind the scenes.

...

At the end of February, the semiconductor industry brought good news to Fang Hong.

The semiconductor research and development company under Qungalaxy has successfully broken through the 32nm process technology and is expected to put into mass production in the third quarter of this year. The products put into production include low power consumption, mixed signal and radio frequency products, etc.

The most important thing is that the semiconductor companies invested by Qunxing, covering the upper, middle and lower reaches, can complete 79% of the process links, and 89% of the major links within the 32nm process have been replaced by domestically produced products. This is a huge progress.

After sorting out the overall links, only the lithography equipment still needs to be imported from overseas, but the 32nm level lithography equipment has already been imported, so there will be no problem in mass production.

In addition, the research and development of 28-nanometer technology is also progressing smoothly as expected, and the progress is also very good.

However, the breakthrough of the 32nm process is still far behind the international level. At present, the international semiconductor process has advanced to the 14nm level this year, and domestic alternatives have to catch up. There are still 28nm, 22nm, and 20nm ahead, which are still four years behind. generation gap.

But the gap has been shortened. Before Qunxing Capital entered the market, the gap was getting bigger and bigger with Moore's Law. This is the biggest change.

At present, the domestic semiconductor breakthrough plan has not deviated from Fang Hong’s expectation, that is, to catch up with the speed twice as fast as Moore’s Law every year. According to this breakthrough speed, combined with the iterative speed of Moore’s Law, it will take another three years to catch up with the world’s most advanced semiconductors. process level.

That is, around 2017, according to the iterative speed of Moore's Law, the world's most advanced process level in 2017 is already around 10 nanometers.

At present, China has broken through the 32nm process, and to the 10nm level, it will go through five generations of 28nm, 22nm, 20nm, 14nm, and 12nm.

According to the expected goal given by Fang Hong, the most advanced process level in the world will be upgraded by one generation, and domestic semiconductors will follow the speed of two generations. By 2015, they will break through 22 nanometers, in 2016, they will break through 14 nanometers, and in 2017, they will be 10 nanometers. To catch up with the most advanced process level of international semiconductors, 2018 will be a truly historic turning point in the global semiconductor industry. At that time, domestic semiconductors will realize the situation from falling behind to catching up and then leading the world.

...

Just after the announcement of the big fund's landing, America also paid attention to this matter and responded quickly.

On Wednesday, March 4, North America announced further restrictions on the major eastern countries in the semiconductor field. This time, restrictions were placed on a series of key links such as lithography machines and photomasks, and international semiconductor companies were prohibited from doing business with them.

As soon as the news came out, the A-share market fell on March 5 the next day. At the same time, the stocks in the semiconductor sector that had soared before collectively fell, the sector index plummeted -8.73%, and many semiconductor stocks closed at the limit.

In terms of public opinion, the other party is also stepping up their offensive, and those who received dog food started to work.

Start to output some remarks in a threatening manner, what is it now? There is no breakthrough in domestic semiconductors, and people in the world will not play with you anymore. How can you play without semiconductors and chips in modern society? Get ready for a recession!

After Lao Mei made a move, the high-level officials responded, and the news quickly reached Fang Hong, who were discussing countermeasures and asked Fang Hong to participate in the remote video conference.

Qunxing Capital is currently taking over the task of breaking through domestic semiconductors. In fact, the big fund is handed over to Qunxing, and Fang Hong will naturally attend the meeting.

...

Thursday afternoon, March 6.

Fang Hong entered the study room on the second floor of the villa, turned on the computer and connected to a highly confidential remote video conference. It is also rare for Hong to attend the meeting in formal attire.

"The people of Magnesium have stepped up their efforts, which shows that we are doing the right thing, but the situation is not optimistic, and it is impossible to make a deal if we don't react. To react, we must first clear what cards we have in our hands. Comrade Fang Hong, we You are in charge of making chips, you should know the most about all aspects, and you should have the most say in what cards we have that can be played, so please tell everyone.”

Fang Hong also made preparations for this meeting. Hearing the leaders present at the meeting ask for advice, he organized his words in his mind and said, "We not only have a lot of cards in our hands, but they are all trump cards."

As soon as the words came out, the leader was also curious when he saw his very confident words, and said, "Oh? What trump card?"

Hearing this, Fang Hong replied: "For chips, there can be many links that are stuck, and all of them are indispensable. But looking at it the other way around, you only need to master one link to stop the whole link. , and we can get stuck in the neck of the world from the raw material.”

The senior leader in the video conference looked around at everyone, and then said with great interest: "So we still have such a good card?"

Another leader of the participants immediately asked: "What raw materials can get stuck in the neck of the world?"

Fang Hong continued: "Gallium, germanium, and antimony are rare metals. Although the output of these rare metal raw materials is very low, they are indispensable in high-tech products such as high-end chips, high-end military industry, and photovoltaics."

"These materials have a wide range of functions, just like seasonings for high-tech products. They are rarely used, and they can't do without them. The point is that we have reached a monopoly level in terms of reserves and production of these raw materials. Depending on our supply, it can be said that we have to limit it, and a large number of Western high-tech companies will suffer.”

As soon as this remark came out, the leaders present became even more interested. I really don't know if I don't know more about this matter.

Fang Hong continued in an orderly manner: "For example, the concentration of gallium in the earth's crust is very low, accounting for only about 0.0015%, and it is distributed everywhere and not concentrated. The main reason is that it has no primary ore, it is electrolytic aluminum. By-products are subsidiary products of refining bauxite and sphalerite.”

"At present, more than 90% of the world's primary gallium is an auxiliary product of refining, and the annual output is quite small, while we account for 85% of the world, and if calculated according to production, it can account for 96% of the world."

...