When it comes to the spin off of the company, the first Department of Gaoyi has accumulated rich experience. Only the cases in recent two or three years are listed. Yihe has been split in Xiangjiang territory, and this brand has entered a state of gradual extinction in Xiangjiang market; In London, Dadong telegraph group was split up and forced to buy first and then sell at a large sale, leaving only the assets of Xiangjiang Dadong Telegraph Company and Xiangjiang telephone company; As for the United States, it is more comparable. Intel's peer Texas Instruments has been divided into civil and national defense projects, a large part and a small part.
Almost all of these split companies are Fortune 500 enterprises. When they are weak, they aim at the key points and cut down like lambs to be slaughtered.
It has been said that the splitting of a company is a feast for capital, but when it is specifically implemented in all departments and sectors of the company, it should be described as cruel. It is prone to layoffs. If it involves technology and products, it may be wiped out, and then it often has no good reputation. It is just that it has long been accepted in the capitalist society.
But the spin off of Intel was rarely accepted, and everyone was happy.
From the perspective of the internal office governance struggle, the traditional forces adhering to the semiconductor memory business are still stubborn. Andy Glov, the president, a Hungarian immigrant, is ready to accept being pushed to the stage and act as a villain.
Now, after becoming the largest shareholder of Intel, Gaoyi has given the proposal of splitting up. Andy Grove, who knows well, doesn't have to be used as a gun to make notorious layoffs and forcibly close the semiconductor memory factory.
Sir Gao reached a lot of consensus in his communication with Gordon Moore and Andy Grove. For example, he pointed out that "Intel and IBM have the same problems. When the competition of a technology and product intensifies to the stage of competing for cost performance, they begin to get tired of coping and fall into the disadvantage."
When putting forward this view, Gao Xianli is straight and vigorous, because even from the future period when Intel became the microprocessor overlord dominating the personal computer standard in the "old script", it is not good at taking the cost-effective route.
Some people may think that the microprocessor of "Celeron" brand is a successful example of cost performance? In fact, "Celeron" microprocessor is a "defective product" that can not meet the standard of "Pentium" microprocessor. It belongs to the reuse of eliminated goods and waste. In essence, it does not take the initiative to take a cost-effective route.
Gordon Moore and Andy Grove recalled their experiences since intel was founded more than ten years ago. Although they were unwilling to uncover the scars, it was true. When their technology was no longer unique in the Jianghu, their operation became clumsy.
The first commercial semiconductor memory launched by Intel is a static random access memory with model 1101, and its performance is twice that of Fairchild Semiconductor and an electrical laboratory in Tsukuba Science and Technology City in the same period; Later, the model 1103 dynamic random access memory became the world's best-selling semiconductor memory chip in 1972.
In the process of this wave of technological progress in which semiconductor memory replaces magnetic core memory, Intel's financial resources are rolling, giving investors rich returns. Even founder Robert Noyce, even if his assets are divided by his ex-wife due to divorce, he still has a fortune of hundreds of millions of dollars.
But now, Intel's semiconductor business not only lags behind its semiconductor counterparts, but also lags behind MOSTEC in the United States.
As early as the late 1970s, MOSTEC accounted for 85% of the dynamic random access memory market in the United States, but it was also struggling under the fierce attack of a semiconductor company.
Thus, it naturally involves the other consensus reached by Sir Gordon Moore and Andy Grove, that is, Intel's semiconductor memory business is still valuable, especially, how much global advanced nature is there?
Gordon Moore and Andy Grove shook their heads at the same time. Intel's semiconductor memory business is not worth much. According to the method of forced closure and one-time stop loss, the compensation for layoffs and the disposal of abandoned factories are not small; It's not worth much money, so it's hard to boast about what global advanced nature is.
You know, in terms of dynamic random access memory, a semiconductor company has successfully developed memory particles with a capacity of 256Kb for several years. Intel has made progress only after stumbling. However, the manufacturing cost is not comparable, and it is still pushed backward by its competitors.
With such consensus, Intel is roughly divided into two parts: microprocessor business and semiconductor memory business.
Sir Gao talked to Gordon Moore and Andy Grove deeply. The main purpose is to maintain the relationship while making the final decision.
The high-tech industry needs people-oriented more and more. We must mobilize the enthusiasm of the specific workers, and we can't let them have resentment. Xiantong semiconductor is a lesson from the past.
Sir Gao wants to convince people with virtue!
So, this Intel spin off is not called spin off. It's called breakup.
Among them, the microprocessor business part inherited Intel's "legal system", and the semiconductor memory business part found another way out.
Gao Yi paid a friendly compensation of $50 million to Intel microprocessor business, that is, new Intel, for the Intel semiconductor memory business, which only contributed 20% of its sales revenue but consumed 80% of its resources.
The new Intel was overjoyed. It not only got a compensation, but also got rid of the relationship with the compensation for major layoffs in Intel's semiconductor memory business and the treatment of technologically backward factories. It can be said that it got rid of all the burdens and embarked on the road lightly. Gaoyi, the largest shareholder, is very thoughtful.
However, sir Gao's $50 million compensation is not taken casually. Gao Xian asked Intel to provide all assistance to transfer the split semiconductor memory business to Asia.
Although its technology lags behind the semiconductor industry, it is not useless. Some patents still have considerable residual value to extract. However, now the semiconductor memory industry in the United States has been destroyed by a peer, and it is too flustered to pay attention to it. Stopping the loss first is the first priority.
The reality is so cruel. Although the US Japan Semiconductor Trade Agreement has been signed, the US semiconductor memory industry has been destroyed, ceding the status of global leader to a peer, and the losers must find their own way out.
But there is one thing. In this case, although middy's politicians appear to be victims in the trade friction between Japan and the United States, they all play to take advantage of the opportunity to blackmail, because middy holds a book to death and hands over the relatively low-end "strength work" in the semiconductor industry to his younger brothers who are better at this aspect. Why not.
In other words, the more important thing about Intel's semiconductor memory business is that although the technology is not the most advanced in the world, it does not delay the entry of backward players. TSMC in the "old script" has not developed in one step.
Moreover, Gao Xian continues to pick up "junk". On the grounds of taking advantage of Asia's cost advantage, he integrates those resources that have been neglected through capital means. The expected patent fee income alone is enough to earn back the current acquisition cost in the future.