Chapter 534 Chip Design Company
“This one!”

Zhou Jing looked at the villa posters sent by Bai's bestie and picked one at random. The ones on the posters looked good and were all located in Qujiang District. The one Zhou Jing chose was not too far from her own villa.

"You are so daring, you still want to cheat?"

Bai Xiyao could see Zhou Jing's thoughts at a glance.

Zhou Jing did not quibble. At the age of twenty-four or twenty-five, he is full of energy. How could it be so easy to resist beauty? Zhou Jing would not do something like a forty or fifty-year-old who flirts with a girl in her twenties. But if he does not experience life now while he is young, he will regret it when he is old. He must not leave any regrets in his reborn life.

"The expansion project is planned for Phase II and Phase III. Phase I will be completed in October this year if it is accelerated. Work will be suspended in winter. Phase II and Phase III will start at the same time and will be completed in June or July next year."

Bai Xiyao took out the drawings of the electronics expansion project and said.

"The new factory uses the latest production lines and is mainly responsible for the production of mid-range machines."

Zhou Jing is willing to invest in his own electronics factory. Low-end machines have relatively low process requirements and there are more OEM factories that can make them. However, there are limited electronics factories in China that can produce mid-to-high-end smartphones and guarantee the yield rate.

"If sales can fully release production capacity, and we can sell 10 million mid-range phones a year and make a net profit of more than 10 billion yuan, when will we start the smart office and smart life projects?"

Bai Xiyao said after a simple calculation.

“Next year, phases two and three will be completed.”

Next year, Ideal Technology will launch a series of product research and development work.

After sitting in the office for a while, Zhou Jing went to the R&D department. There are currently seven or eight R&D offices in the Ideal Technology Factory. Each office is responsible for different projects. In addition to mobile phones and Bluetooth audio projects, there are also Bluetooth headsets, children's smart watches, sports smart watches, smart cameras, etc. Children's smart watches are expected to be on the market next year.

After launching laptop, tablet, TV and other projects next year, Ideal Technology will establish a full smart series.

In the smartphone R&D department, the R&D team is optimizing the Ideal 1 and Imagine 1. It is already mid-June. The Ideal 1 will go into mass production in July, and final testing is required before mass production.

Ideal Technology currently has five electronic production lines of its own, three of which are upgraded from the original production lines, and two are newly added within the factory. All five production lines use the most advanced electronic production lines currently available, with a monthly production capacity of 300,000 smartphones, which can also meet the assembly needs of iPhone mobile phones.

Zhou Jing is preparing to stock one million units of Ideal 1. Ideal’s own production capacity is insufficient, so it needs to find a foundry. The electronics factory in Tangdu is enough.

Stimulated by Ideal Technology, Tangdu issued a policy a few days ago. The government plans to use 1 billion yuan of special funds to build a trillion-level smartphone industry cluster in Tangdu High-tech Zone, involving investment expenditure, logistics subsidies, industrial plan support, government procurement and other aspects.

Zhou Jing certainly will not miss such an opportunity. He plans to invest more than 10 billion yuan in the high-tech zone to build a large R&D base and electronics factory. When Ideal Technology and Tangdu were talking last month, Tangdu was quite worried and did not have 100% confidence in Ideal smartphones. Now Tangdu is much more positive and promised to give Ideal Technology priority in selecting a site after the high-tech zone plan is finalized.

Zhou Jing picked up the smartphone and adjusted the hardware after the release mode. Ideal 1 has 2G RAM and 8G body storage. The 1s to be released in April next year has 2G RAM and 16G body storage. Imagine 1 has 1G RAM and 2G body storage, and 1S has 4G. The first generation is relatively messy, and the second generation must be strictly planned according to the release time.

“The second generation will start with the release of the Ideal Series in the fall, and the Vision Series in the spring of the following year.”

After leaving the R&D office, Zhou Jing said to his bestie Bai.

"The positioning gap between the Ideal series and the Imagine series is a bit large, and it is not appropriate to transfer some configurations of the Ideal series to the Imagine series next year."

Bai Xiyao was doing calculations in her mind and realized that the hardware configuration cost of a mid-range phone would not drop much in half a year.

"We will separate these two series, transfer the high-end models of Ideal to the low-end models of the next generation, and transfer the high-end models of Imagine to the low-end models of the next generation. Next year, we will launch a model that focuses on the imaging series."

Female users are a large group. The current Ideal series focuses on gaming performance. Although the advantages of the Ideal system make the phone smoother, the configuration of the imaging components is a bit low, which is not friendly to people who love taking photos.

"OK, after using Huawei's P1 and ZTE's new phone released in April, I feel the prices of Ideal and Changxiang can be raised a bit."

Bai Xiyao has recently been paying attention to new phones released by other brands and considering the pricing of her own brand through comparison.

"See how X meters are doing in August."

Zhou Jing has also recently been considering raising the price of the phone.

Back in the office, Zhou Jing checked Ideal Technology's treasury. Ideal Technology now has more than 10 billion in cash reserves, plus more than 17 billion in funds from the industrial chain. It made a lot of money in the second quarter.

Everything is easy if you have money. Zhou Jing put the issue of chip design companies on the agenda. Should he acquire one or build one? Zhou Jing checked the information of chip design companies on his computer, but Tang couldn't find a suitable one. The chip semiconductor industry is mainly concentrated in the south. It would be inconvenient to manage if he acquired one in the south, and there would be no policy advantages.

After much deliberation, Zhou Jing decided to set up a chip design company in Tangdu. Developing the semiconductor industry in Tangdu is in line with the country's future strategy and will also receive full support from Tangdu.

With the speed of domestic infrastructure construction, as long as the funds are in place, the construction of a chip design company can be completed in less than a year.

Once you decide to do something, you have to do it quickly. Time waits for no one, so Zhou Jing immediately began to prepare the project book for the chip design company.

"What do you need me to do?"

Bai Xiyao looked at Zhou Jing and said.

"Think of a name."

Zhou Jing first looked up relevant information on establishing a chip design company.

Bai Xiyao picked up the pen and thought.

After get off work at five o'clock, Zhou Jing and Bai's girlfriend continued to plan a chip design company in the office. The company's name was tentatively set as Tangdu Shengtang Semiconductor Co., Ltd. It was Zhou Jing's idea, and the several names Bai's girlfriend came up with were kept as backups.

"It's you who came up with the idea of ​​a high-sounding name. Chip design is relatively easy, and China's packaging is not backward. Manufacturing is the biggest problem. Advanced lithography machines may not be available even if you have money. You can only find foreign OEMs, but there are too many uncertainties."

Bai Xiyao sighed.

"Everything depends on human effort. Do what you can do well and leave the rest to the country."

Zhou Jing is well aware of the difficulty of chip manufacturing. A lithography machine is not something that can be made by a single company, and not even by an average country independently.

If a country wants to achieve this, it must not only have a vast territory, but also a strong manufacturing industry, a complete industrial chain, sufficient talent, capital, strong military strength, and strong coordination capabilities. These conditions are indispensable. If a company can make a breakthrough in a key technology, it is a pioneering achievement and can be enshrined in the Imperial Ancestral Temple.

After working overtime until around six o'clock, Zhou Jing and her bestie Bai went out to eat.

After dinner, Bai Xiyao went home and Zhou Jing went to his father-in-law's house.

Dad Gu lives in the unit's staff quarters. Zhou Jing parked his car in the parking lot outside the quarters, got out, bought some things, and walked over. When he got home, Dad Gu's cousin made Zhou Jing a cup of tea and left the living room.

"The S Committee attaches great importance to Ideal Technology and has included Ideal Technology in the list of provincial key enterprises. If the company has any plans, the relevant units can make special arrangements."

Father Gu looked at Zhou Jing and smiled. "We plan to set up a chip design company in the High-tech Zone to develop chips for future smart products."

Zhou Jing, the chip design company, needs special treatment from the province. It would be best if it could be approved as soon as possible, the land could be allocated as soon as possible, and construction could start as soon as possible. This matter cannot be delayed. Zhou Jing has already asked his bestie Bai to contact a company that can design drawings for the chip design company.

Before the end of the second quarter, Ideal Technology Co., Ltd. contributed more than 1 billion yuan in taxes to Tangdu, ranking first among Tangdu's technology companies.

Now the only uncertainty for the province about Ideal Technology is whether its smartphones can be successful. If smartphones fail, Ideal Technology may be short-lived, after all, traditional mobile phones have reached their twilight years.

Once Ideal Technology's smartphone is successful, it will definitely be promoted to a leading technology company in the province.

"That's no problem. It's a key investment attraction project in the High-tech Zone Science and Technology Park. How's the smartphone testing going?"

Father Gu nodded and said that no matter what the future holds for Ideal Technology Co., Ltd., the semiconductor industry will be a key project, and Tangdu will support it if someone invests.

Zhou Jing took out the latest optimized model of Ideal smartphone, opened it and handed it to his father-in-law.

Although Gu doesn’t understand the specific technology of smartphones, he feels that they are no worse than other domestically made smartphones. “Making a good product is one thing, but marketing is also very important.”

The next day, Friday, Zhou Jing went to Chuangzhi Technology Building in the morning and first went to Bowei Network Technology Co., Ltd. After the information transformation project of the chemical plant in Jin Town, Yulin City, which Zhou Jing had discussed last time, was won, the planning began. Zhou Jing went to the company to check the progress of the project planning.

Bowei Network's Executive General Manager He Kang and Deputy General Manager Yang An were personally responsible for project planning. After learning about the project progress, Zhou Jing went to the Tangdu branch of Chuangzhi Technology.

"Please come in, Mr. Zhou."

Zhao Jie, manager of Tangdu branch of Chuangzhi Technology, personally received Zhou Jing.

"sit."

Zhou Jing came to Chuangzhi Technology Branch mainly to learn about the progress of the institute. The monthly salary costs of Tangdu Jiaotong University-Chuangzhi Technology Institute and Tangdu University of Electronic Science and Technology-Chuangzhi Technology Institute are nearly five million, plus other expenses of tens of millions. It would be unreasonable for Zhou Jing to spend such a huge amount of money without any results in the institute.

The achievements of the Institute of Electronic Science and Technology of China are quite remarkable. The institute is currently focusing on the research of small integrated circuits, which are relatively easy to achieve results. After the smart speaker motherboard matures, it will begin to research smartphone hardware.

One of the projects being researched by the Jiaotong University Research Institute is the Bluetooth chip. The progress of the research shows that the research direction is correct, but it will take time to design a chip with independent intellectual property rights.

As he began planning the chip design company, Zhou Jing began to develop a comprehensive range of smartphones in-house, which required more engineers and R&D personnel.

At noon, Zhou Jing went to Ideal Technology Co., Ltd. to have dinner with Bai Guimi and discuss the matters of the chip design company. There would be no problem with the project approval, so Zhou Jing asked Bai Guimi to prepare for the construction work in advance.

"First, we will rent a place as a temporary research institute, recruit a team of engineers in chip design, and then let the research team help prepare the necessary equipment."

It takes at least a year to build a chip design company, and this year is crucial to the company's development.

"Okay, when will the coal boss's shares be redeemed?"

The company is not short of funds now, so Bai Xiyao can work without any hesitation. Bowen Network, Chuangzhi Technology and Ideal Technology are all generating revenue, with a total net asset value of nearly 20 billion. It would be a waste of time if she does not vigorously engage in research and development with such a good opportunity.

"Find some time to communicate with them first, and you can give them a 100% rate of return."

It's time to repurchase the shares of Ideal Technology. The two coal bosses have invested a total of 500 million yuan. Zhou Jing's return of 500 million yuan to them is quite a good deal. Although Zhou Jing did something dishonest and was a liar, when signing the investment agreement, the coal boss reserved the right to ask Zhou Jing to repurchase the shares in case of poor performance of the company. Zhou Jing also proposed the conditions for active repurchase, which is to give investors an annual rate of return of no less than 100% of the investment amount.

The coal bosses had invested for less than four months, and Zhou Jing had done his best by giving them a 100% return.

"Okay, if that's the case, it won't be too late to buy it back by the end of the year."

Bai Xiyao smiled and said, anyway, we can give the other party a 100% return rate and use their money for a few more months. Even if we are not short of money, we can just put it in the bank and earn interest.

“Get it done before smartphones come to market.”

Zhou Jing didn't want to make things too complicated.

After dinner, Zhou Jing went to Ideal Technology and continued to prepare the project book for the chip design company.

There was an interview at two o'clock in the afternoon. Bai Xiyao asked the Human Resources Department to prepare the interview room in advance, and then took out the information of the engineers in the smartphone R&D department to see who was suitable to be the managing director. The managing director must not only understand the functions and technology of the ideal mobile phone, but also have certain marketing capabilities. It would be more suitable to choose from the smartphone R&D team.

“Is there going to be an election within the company?”

Bai Xiyao looked at Zhou Jing and said.

"No, just choose someone with strong management skills, strong sense of responsibility, and good social skills."

Zhou Jing shook his head. The engineers in the Ideal Smartphone R&D team all had good technical skills, and the managing director needed to take into account both management and social skills.

"Then I'll choose you to appoint."

Bai Xiyao is usually in charge of the affairs of Ideal Technology and has more contact with the company's personnel than others. Her formal appointment does not carry enough weight, and only Zhou Jing, a genius, can convince everyone in the company.

The interview started on time at two o'clock. During the interview, both candidates expressed their desire to experience the Ideal smartphone. This request was within Zhou Jing's expectations. Those who can become senior executives are not bad in ability. First of all, they must consider the prospects of the company. If the Ideal smartphone is not competitive, then there is no need for them to come in.

After experiencing the Ideal Smartphone, the two applicants for the positions of Managing Director and Financial Officer were very surprised. They recognized the Ideal Smartphone and of course they were willing to join.

Xu Jun, who applied for the position of managing director, was indeed a bit dull, but at first glance he was a science and engineering man who was able to work steadily and had strong principles. He was a native of Tangdu Province, so Zhou Jing kept him and temporarily appointed him as managing director and product manager, responsible for the production of Ideal smartphones.

The applicant for the financial officer position was rejected by Zhou Jing in advance because of inappropriate remarks he made on Weibo. The interview was just a formality, and after the interview, he was asked to go back and wait for notification.

"You are good at using people."

Bai Xiyao previously thought that Xu Jun’s personality was dull and not suitable for being an executive director, so she did not think of letting him concurrently serve as a product manager in charge of product quality.

“What is the level of the company’s current financial manager?”

Zhou Jing smiled and thought, how could he have achieved what he has today if he was not good at using people.

“Domestic business is fine, but international business is not.”

Bai Xiyao shook her head and said.

“Then we have to continue recruiting.”

(End of this chapter)