Chapter 444 Investing in Magic City, nine major projects!(1/3)
Will self-production of 28nm chips be achieved in the second half of next year? Will this cause a blockade?
Wang Yi is not worried.
After all, in the second half of next year, TSMC's 20nm SOC chips will begin trial production, and 16nm is also under development.
Xingyi Semiconductor is still half a generation behind, and the other party will not jump to the wall in a hurry.
Once you completely surpass it, you will jump over the wall in a hurry.
Wang Yi knew the opponent's tactics very well.
And when the time comes, Wang Yi can also adopt Huawei's strategy of only disclosing chip performance but not the chip manufacturing process.
Even if it is produced in-house, other manufacturers will think that the 28-nanometer Kunpeng 906 SOC is a 40-nanometer process, but it is ridiculously strong.
The most important thing about a chip is its performance and power consumption, or actual experience, how many nanometer processes, etc. are just one of the many core dimensions.
The emergence of Qualcomm and the assistance of Rebus have made chips a craftsmanship.
In fact, performance is the core.
For example, the 40nm Kunpeng 702 still defeated the 28nm Qualcomm APQ 8064!
What Wang Yi wants to do is to gradually return the chip to its performance essence and forget about the manufacturing process.
Let the mobile phone gradually return to the actual experience and forget about the parameters.
I have never lost when comparing parameters, and I have never won when comparing experience. Isn’t that a joke?
In the afternoon, Wang Yi met Mr. Zhou: "Thank you Mr. Zhou, the smooth acquisition of SMIC's Magic City wafer fab this time was all thanks to Mr. Zhou's mediation."
"Dr. Wang is so polite. The city has always welcomed high-quality companies, and such an outstanding entrepreneur as Mr. Wang is the most welcome."
Mr. Zhou said with a smile: "If Mr. Zhao hadn't been too careful, I would have hired Xingyi Technology! Haha."
"Thank you, Mr. Zhou, for your love. Xingyi Technology will increase its investment in Magic City."
"That's very good." Mr. Zhou raised his eyebrows happily, and Wang Yi said, it was not in vain that he put pressure on SMIC for Xingyi Technology, and then the conversation changed:
"However, the 12-inch wafer fab in Shanghai is really small, with a monthly production capacity of only 25,000 wafers. In the long run, it cannot keep up with the development of Xingyi Semiconductor."
Having said this, Mr. Zhou paused and saw that Wang Yi was very interested and continued:
"But this fab was developed early, and there is no space around it if we want to expand it again. Therefore, the city plans to give you a larger piece of land to build you a large fab with a monthly production capacity of 100,000 wafers, but the equipment
You have to handle it yourself."
Build another large-scale 100,000-wafer fab and give away infrastructure and land for free!
This treatment is exactly the same as the Imperial Capital’s strategy.
After all, the imperial capital has given such a huge discount, and it would be unjustifiable if the magical capital did not give it.
Of course, it's exactly the same appetite.
Naturally, Wang Yi would not refuse this.
The land alone is 4 billion. Even if the land given away has a premium, the actual value is still 3 billion.
Another 6 billion is needed for infrastructure, which is equivalent to the city’s investment of 9 billion. Even if the city does not need to pay for the land, it still has to spend 6 billion in infrastructure fees.
Xingyi Semiconductor will have to invest another 30 billion in the future to introduce equipment and production lines.
For Shanghai, 6 billion+ land, in exchange for 30 billion investment, is still a high-end wafer factory, which is completely cost-effective.
For Wang Yi, the wafer fab is not enough, and it will have to be expanded sooner or later. The city is giving away infrastructure and land, and there is no reason to refuse!
What's more, if Xingyi Technology wants to develop greatly, it cannot avoid a national financial center like Shanghai.
"Thank you, Mr. Zhou. In this way, we will invest 30 billion to build the second Magic City wafer fab into a 28nm process wafer fab!"
"28nm process!" Mr. Zhou was startled: "Can you do it too?"
"It's already under research and development, and we hope to have it completed within two years."
"Okay, very good, great!" Mr. Zhou said with joy.
What an unexpected surprise!
In the Mainland, 40 nanometer logic chips are considered super advanced, but 28 nanometers are simply awesome!
"Director Wang, that's awesome, Xingyi Technology is so awesome, awesome." Mr. Zhou was so excited that he was a little incoherent:
"The people below are ignorant and don't pay enough attention to the Xingyi Automobile project you mentioned earlier. They are short-sighted and cannot see the future of Xingyi Automobile and the strength of Xingyi Technology!"
"I scolded them and made a new plan!"
"Director Wang, please take a look!"
With that said, Mr. Zhou took out a cooperation agreement and handed it over.
Wang Yi took the investment plan and read it carefully, and was immediately shocked.
If the previous price offered by Modu was only a third-rate treatment, then this one is a super first-rate treatment.
The first is land. 1,500 acres of industrial land was directly planned in Lingang, worth 3.5 billion, and was provided to Wang Yi free of charge.
Next is the qualification for new energy vehicle manufacturing. As long as Xingyi Automobile meets the basic conditions, Modu will immediately grant the qualification.
In addition, a five-year zero-interest loan of RMB 20 billion can also be approved.
Tax preferential policies are also fully arranged.
Seeing these conditions, Wang Yi was completely moved.
This treatment is even better than the treatment given to Tesla in Shanghai in 2018.
The land given to Tesla in Shanghai was only 1,297 acres, with a market value of 9.8 billion. Tesla spent 980 million to acquire it, which is equivalent to giving away 8.82 billion for nothing.
and 40 billion in low-interest loans with an interest rate of 3.9%.
The industrial land given to Xingyi Automobile is 1,500 acres!
Just give it away for free, not even a 10% discount.
There is also a five-year loan of 20 billion, which is directly zero interest, not even interest.
Although 20 billion does not seem as much as the 40 billion loan to Tesla, the current 20 billion is completely different from the 20 billion six years later, and is even more valuable than the 40 billion six years later.
For example, one acre of industrial land in Shanghai currently costs more than 2 million per acre, but six years later it will cost more than 7 million per acre!
Of course, for large projects such as wafer factories and automobile factories, with subsequent investment of tens of billions, the land is basically priced at a discount of 10% off, or even given free of charge.
If there were no land concessions, who would invest tens of billions?
And the preferential treatment given to Wang Yi by the Magic City was immediately fulfilled.
1,500 acres of industrial land, free of charge!
20 billion five-year loan, zero interest!
It is completely possible to build the entire Xingyi Automobile Super Factory.
Even the most difficult car-making qualifications are given directly by Modu as long as they meet the basic conditions.
What else can Wang Yi say?
There is nothing more to say!
It's really spot on.
Of course, like the Tesla factory, the Xingyi Automobile factory also has a betting agreement:
First, the 20 billion interest-free loan is specially earmarked and can only be used for the Xingyi Automobile project in Shanghai.
Second, before the end of 2015, Xingyi Automobile will be successfully developed and mass-produced in 2016.
Third, starting from 2019, the annual tax payment will exceed 500 million!
If it cannot be completed, Xingyi Technology will need to pay in full for the 1,500 acres of industrial land worth 3.5 billion.
The first earmark is earmarked, so there is no problem with it. After all, it is a zero-interest loan subsidized by the city and cannot be spent on other projects.
The second time limit is no problem either.
If mass production cannot be achieved in three or four years, Wang Yi will want to find a stone to hit the head of the automobile department to death without any urging.
As for the third article, starting from 2019, which is the fourth year after mass production, the annual tax payment will exceed 500 million!
At present, this quota is very high, very high, and even difficult to achieve.
After all, there are very few new energy vehicles these days, and they are far less powerful than they would be many years later.
If we continue to develop at this pace, it will be extremely difficult to pay more than 500 million in taxes every year.
But Wang Yike knows how fast new energy will develop in the future, especially after ten years, the sales of new energy will exceed that of fuel vehicles!
Therefore, the annual tax amount of 500 million seems difficult now, but it will be a piece of cake seven years later.
Of course, on the surface, Wang Yi looked embarrassed:
"Mr. Zhou, everything else is fine. But as you know, everyone is not optimistic about new energy vehicles. In addition, BYD's spontaneous combustion death incident has caused a more serious backlash. Now consumers are somewhat resistant to new energy vehicles. In 2019
In the beginning, it was a bit difficult for a new enterprise to pay 500 million yuan in taxes every year."
To be continued...