Japanese economic news 21 published mainland semiconductor giant purple light group chairman wei-guo zhao has accepted the newspaper interview. In semiconductor industry development, joint venture or merger and acquisition idea with another provider, and issued a personal opinion about the future.
Wei-guo zhao said, the semiconductor industry is a need to invest a lot of money, research and development to support its acquisition of development, his five years is expected to spend 300 billion yuan, so don't miss out on research and development, acquisition, oath won the third giant global semiconductor industry status.
Wei-guo zhao said there are three reasons, prompted him to participate in violet light since 2009 the group's business:
First, from the personal interest. Wei-guo zhao in tsinghua university study of wireless communication technology, the industry also has long experience as an engineer, for information technology has considerable knowledge and understanding.
Second, the development of China semiconductor industry is still not mature, it is the best time to develop for purple light.
Third, compared with Europe and the United States, investors and Chinese investors keen for the semiconductor industry. After all, to the development of any industry, need money. Focus on China semiconductor industry is currently the investment hot spots.
Semiconductor industry is still weak lu merger and acquisition, joint venture can be quick success
For the technical developments, wei-guo zhao pointed out that in terms of computing system chip industry, has completed acquisition of the two companies should respond to. Is now in the direction of the digital TV semiconductor research, the future is given priority to with storage technology, especially the NAND Flash Memory. Choose Western Digital HDD companies in the United States, is also a consideration in the Internet of things, such as demand, related memory medium requirements must have a wave of growth peak.
Wei-guo zhao admitted to current technical level of mainland companies to independent technology research and development so it is difficult to NAND Flash, that is why just looking forward to cooperation with world famous companies. Storage industry there have been many famous companies at present, mainland companies are now just developed from zero, obstacles are too high. So buying, or a partnership, joint venture, is a good option. So if you have suitable acquisition targets, purple light will more actively.
Merger and acquisition is the money to buy time, management and technical team, is the way to the success of the save Labour when the province, and also can legitimately acquire intellectual property rights. Wei-guo zhao and points out that the present stage of China is a big country in terms of economy, enterprise, industry development not only by stealing intellectual property rights. For Japanese economic news, however, asked whether they continue to the proposed acquisition of micron technology, wei-guo zhao said only issues related to respond.
Purple light for purely commercial interests Think need not too concerned about other factors
Wei-guo zhao said, whether merger and acquisition or investment, in fact just stood in the commercial interests consideration, the purple lights, just want to make money. In the face of overseas institutions such as the United States foreign investment (CFIUS) committee review, wei-guo zhao that although at present the two sides may still have differences, but believe in after communicate with each other should be able to achieve consensus.
As for Western Digitals will acquire SanDisk and the SanDisk is in the field of NAND Flash cooperation with Toshiba (Toshiba), purple light whether through investment in Western Digitals, relationship with Toshiba indirectly. Wei-guo zhao said, if with such as Toshiba, so has the world's leading industry cooperation is a big boost, but at this stage no direct contact with Toshiba.
For factory cooperation, and have good wei-guo zhao show high interest, said if can combine the mainland capital and Japanese management and technology, it must be very good cooperation. It's and wei-guo zhao emphasized that it's all business, need not excessive considering complex political and history.
Purple light pipe government more money than necessary funds
On purple light source of funds of the group, the market rumors more purple light often started the merger and acquisition of mainland government is behind the cushion. Wei-guo zhao retort, purple light is from the mainland government hands to obtain funds, individual development plan but the mainland government's main contribution shareholders is not purple light.
In addition, the purple light did signed "the national integrated circuit industry investment fund" agreement, to introduce 5 billion yuan capital development, but wei-guo zhao said, because the consultation process between the government and too multifarious, has not been determined. And wei-guo zhao also admitted to the amount of capital, the purple lights, is not to insist on that money.
Wei-guo zhao, said in a purple light in terms of capital structure, capital accounts for the highest than the money gained by the investors from the mainland, the proportion of about 5. Although are state-owned, nature and overseas financial institutions, is the commercial capital, and the number of insurance companies. Another pipeline for capital, purple light group and wei-guo zhao individuals operating in xinjiang uygur autonomous region of natural gas business and real estate enterprise's profit. The third pipe is borrowing money from the bank. The rest is personal investment management and general employees.
A country's development needs high precision manufacturing support But not excessive government intervention
Wei-guo zhao pointed out that in a country's economic development to a certain stage, will be a capital accumulation state, attract foreign investment. The United States, Japan, South Korea, Taiwan, Hong Kong is developed by this. For a big power, high precision, high technology manufacturing presence is indispensable. As prime minister li keqiang launched "Internet +", "2025" made in China is based on cultivating high-tech industry, so that a country's economy to support.
Mainland wei-guo zhao observation, although many traditional industry facing the oversupply problem and burden to the environment, but China is still heavily in shopping in overseas markets such as Japan, South Korea, which reflects some industry must be based on the precision technology development.
For the Chinese government over the past 10 years continuously introduce foster semiconductor industry policies, but still has not produced an enterprise with a global scale, wei-guo zhao, precisely because of excessive government intervention from the mainland. If like high iron, aerospace industry, indeed can be driven by government intervention, foster the state-owned enterprises. But the semiconductor industry is based on the principle of market operation, even if the government gives support, have no direct intervention of management control, otherwise will incur failure.
Wei-guo zhao, however, said that as the talents and funds are in place, the mainland government attitude in the face of industry development also have correct cognition, and he pointed at present there is no a like Chinese government attaches great importance to the regime of commercial and industrial development, democracy government only CARES about the election. So in terms of overall development, mainland wei-guo zhao bullish on industrial upgrading.
Was pointed out that with the mainland before finally, wei-guo zhao for the son of former Chinese President hu jintao hai-feng hu, is close to the matter of the mainland and tsinghua university party elite leadership and heroines clarification is put forward. Wei-guo zhao said, really working with hai-feng hu has related businesses in tsinghua university, also have eat one meal, 2 times meeting. Because DE gruyter tutor is very strict, wei-guo zhao refers to hai-feng hu and other officer the second generation than less business scandals. Hai-feng hu at the jiaxing city, zhejiang province, deputy secretary of party committee, I hadn't seen each other for more than 10 years.
