Chapter 912 The Problem Lies Here

"Boss Luo, you're talking about dawn and borrowing money right off the bat, which really puts me in a difficult position."

Fang Zhuo was evaluating Luo Jianhua's more specific intentions, and hesitantly asked the Qimonda boss to take a seat.

"Boss Fang, I know it's hard for me to ask for money like this, especially since Qimonda is still dragging on the OEM fee from the Lin'an factory." Luo Jianhua sighed, "But I really regard Boss Fang as our Qimonda's last hope."

Fang Zhuo remained silent. At least, it's not just the OEM fee, it's also very troublesome to cut orders, which has attracted the attention and inquiries from Lin'an.

Today is a private dinner, and because they probably guessed the atmosphere, there were only two of them at the dinner.

Luo Jianhua stood up and poured wine for Boss Fang first, and then filled it up for himself and wanted to be punished with a glass first.

Fang Zhuo doesn't judge people's attitudes on such matters. Besides, if he really gets serious, it's not certain who will be punished with a glass.

He touched Mr. Luo's glass, drank it all in one gulp, and then slowly spoke: "If I remember correctly, Mr. Luo, didn't Qimonda ask Infineon for help?"

Qimonda was spun off from Infineon the year before last, and the latter held the majority of the shares. It was successfully listed last year. Just when it wanted to make a big move in the storage industry, it found that the situation took a sharp turn for the worse.

Qimonda not only asked for help from its parent company, but also sought help from the German administrative level.

"Infineon also lost more than 1 billion euros in the first half of the year." Luo Jianhua shook his head, took a sip of wine, and hesitated to speak.

Fang Zhuo could guess what Mr. Luo wanted to say, which was nothing more than that the parent company wanted to sell Qimonda's shares. Qimonda had the freedom to divest, but when it encountered problems, it was really regarded as a burden.

Infineon's second quarter financial report has clearly stated that it plans to dispose of the Qimonda assets it holds and no longer include them in the scope of consolidated financial statements. In addition, it has changed Qimonda's assets and liabilities to "assets for sale" in the consolidated balance sheet summary.

The parent company has no surplus, and is thinking about selling Qimonda to make some money back. How can it help as much as possible?

These things are public information, and people who don't pay attention will not know the situation.

Fang Zhuo has always been very concerned about his partners.

"Infineon only agreed to help find a bank loan, but..." Luo Jianhua said bitterly, "Everyone is in a difficult situation, including Germany, which is also very conservative. We also found the Portuguese State Bank, which also holds our shares."

Fang Zhuo pondered and said, "Indeed, the current financial risks are very high, and everyone is very cautious. It is understandable that they can't provide loans."

Luo Jianhua shook his head and said, "No, they are initially willing to provide us with a loan."

Fang Zhuo was shocked, huh? It's really... good news.

He was happy for his partners and said, "Then we can settle our OEM fees first."

Luo Jianhua choked.

OEM fee, this OEM fee...

He paused before saying, "Boss Fang, Qimonda will definitely not refuse to pay the OEM fee, but the situation is difficult now. When things get better, I will definitely come to Shanghai in person to hand over the OEM fee of the Lin'an factory to you."

Fang Zhuo took the opportunity to ask, "Boss Luo, didn't you just say that the bank is willing to give you a loan? I'm not forcing you. If I wanted to force you, I wouldn't ask you about the OEM fee today. We have to do things in a regular way. You owe the factory fees, get a bank loan, and ask me to borrow money."

He said for the second time, "You make it very difficult for me."

Since Luo Jianhua came to the door today, he was ready to be embarrassed.

In fact, Boss Fang's attitude was already calculated. He didn't ridicule the other people he had found before.

"Mr. Fang, banks in Germany and Portugal can only lend about 300 million euros, but this is not enough to fill the company's hole. We need another 300 million euros to get through this." Luo Jianhua looked serious, "Mr. Fang, can you think of a way? As long as Qimonda passes this hurdle, not only will the foundry fee not be a problem, but also the cooperation on patents and technology will definitely not be a problem."

Through contact, he knew what Mr. Fang valued.

Although Qimonda suffered huge losses, it is still a first-tier technology manufacturer. This year, it has initially developed a 30nm DRAM process. As long as it passes this hurdle, it must have a good prospect.

When Fang Zhuo heard the gap of 300 million euros, he thought about it in his heart. Since this person said so, I'm afraid the actual gap must be 600 million or 900 million euros.

If you judge others by yourself, you can't throw out such a large number to scare people away if you want to borrow money from others to get through the hurdle.

"Boss Luo, what you mean is that I will lend you 300 million euros first, and then you will pay me 30 million dollars for the manufacturing fee." Fang Zhuo smiled, "Isn't it too loud to think about this?"

He then said, "If I don't lend you money, will the manufacturing fee just disappear?"

Luo Jianhua immediately said, "No, Boss Fang, that's not what I mean! Whether you lend me money or not today, Qimonda will definitely pay me as soon as it has money!"

Fang Zhuo nodded slightly. Attitude is attitude, and the actual situation is another matter. Qimonda will pay if it has money, but if it really doesn't have money, it can't pay it.

He sighed and felt sympathetic: "Hey, Qimonda is really having a hard time now."

Seeing that Boss Fang understood his situation, Luo Jianhua made a positive statement in desperation: "As long as we can raise money, I have the confidence to lead Qimonda out of the predicament. This time, the industry cycle encountered global financial risks, but they will rebound."

Mr. Fang remained silent and said again: "Qimonda is the first Dram manufacturer in the world to have a breakthrough in the 30nm process. It has strong technical strength. As long as it continues to invest in research and development, improve the yield rate, and mature the process, next year and the year after , our products can take advantage.”

Fang Zhuo touched the wine glass and sighed slightly.

"Mr. Fang, Qimonda has more than 1,800 R&D personnel and 5 12-inch wafer fabs around the world. Now, I am planning to lay off 3,000 relatively basic employees, sell 2 wafer fabs, and focus on the front line. Technology, give up the car to save the handsome." Luo Jianhua elaborated on his response strategy.

Qimonda has more than 12,000 employees worldwide. This requires some burden reduction, reducing operating costs, and focusing precious resources on high-profit products.

Seeing that Mr. Fang was still silent, Luo Jianhua raised his glass and tried to impress him with his skills: "Mr. Fang, don't you believe in our Qimonda technology?"

Fang Zhuo and Master Luo clinked their wine glasses, frowned and said, "Of course I believe it."

But here’s the problem!

Mr. Luo, you Qimonda are so good.

It's so good that it's mouth-watering.

Mr. Luo, it means that your Qimonda is too weak.

It's so weak that when people see an opportunity, it's hard not to take action.

Qimonda may really have the basis for the rebirth of the Phoenix from Nirvana, but meeting the wrong person at the wrong time may only lead to the wrong result.

Fang Zhuo only drank half of the glass this time, then put down the glass and responded: "Mr. Luo, you just opened your mouth to say 300 million euros, which is really not a small number."

He paused: "I can help you ask, but it may not work."

Luo Jianhua was overjoyed. He knew that the richest man in mainland China in front of him had a wide network of contacts. This was precisely why he asked for help. Mr. Fang was not only powerful himself, but also had many powerful friends.

He immediately filled up his glass of wine again: "Mr. Fang, as long as we pass the test, both Qimonda and Bingxin will have a bright future."

Fang Zhuo nodded. It's easy to talk, but everyone still needs more efforts.