A few days passed in the blink of an eye. Compared to the pressure that Jiafeng Group's senior management faced from public opinion, Lu Feng seemed quite relaxed and at ease.
Jiafeng Group is now only able to operate in a few surrounding countries overseas. Meanwhile, several domestic companies, including Motorola, are launching a major offensive in the mobile phone market, aiming to stifle Jiafeng's nascent mobile phone business.
Aside from occasionally communicating with senior management, Lu Feng spent most of his time focusing on lithography machines. With Jiafeng's domestic sales not being significantly affected, many shareholders were finally relieved.
John called Lu Feng and said that Jiafeng's development has now stabilized. After discussion, they felt that the $3.5 billion investment in Jiafeng was too high. They hoped that the subsequent funding would be cancelled and the cooperation would be changed to $2 billion to acquire 35% of the equity.
In addition, Jiafeng Group's financial situation has improved significantly. As long as it does not expand blindly, it has a large amount of money lying in the company's account. Although Jiafeng Group has been established for many years, it has not yet distributed dividends to its shareholders. It hopes to distribute dividends at the end of this year.
Lu Feng directly refused the offer, stating on the phone that Jiafeng would face international risks and needed funds to cope with unknown risks.
Lu Feng knew exactly what the other party was thinking. This was just a test. On the phone, Lu Feng asked him to keep an eye out for lithography machines, but he didn't say anything else.
Several months passed in the blink of an eye, and it was Mid-Autumn Festival. Lu Feng's parents called to ask if he was coming home. Lu Feng just sent some money home and reassured his parents on the phone. There was no further news. During this time, he spoke with Zhang Fengxia a few times on the phone. Lu Feng reassured her and told her to focus on her pregnancy and that things here were not a big deal.
Although Zhang Fengxia repeatedly said that she had money, Lu Feng still transferred 500,000 US dollars through the bank card account she left in Huasha.
The domestic leadership has a strong desire to develop the semiconductor industry, but reality is more sobering: there is simply no market for it. The private sector doesn't need chips right now, and even if they're sold to foreign countries at a low price, no one will buy them. The only way to keep the semiconductor industry afloat is to spend money on it.
Lu Feng had several phone calls with Minister Niu. Lu Feng understood his feelings, but the problem was the market. With the outside world blocking it, the country couldn't operate independently. Even if they managed to develop it, it felt like figuring out the logistics and maintenance of fighter jets in the Warring States period. This feeling of powerlessness was exhausting.
Some things can be done and overcome, but what if there's no market? This thing has barriers to entry; it can't be pushed out by marketing alone.
Lu Feng knew that feeling of powerlessness. Based on his understanding of semiconductors, he knew that China's semiconductor development in the 1990s was not bad, but it was suspended due to market and blockade issues. After all, how long would the subsidies last? There was no end in sight.
It's important to know that Lu Feng is not the only company that uses other industries to support its semiconductor business. He is certainly not the first. The renowned Shougang Group was at its peak in the 1990s, with annual net profits exceeding 5 billion yuan. Even such a behemoth eventually halted its semiconductor project.
Every era has its share of people who dare to go against the tide; if things don't change in later generations, it can only be said that those people all failed.
On the Mid-Autumn Festival, the full moon was exceptionally round. Sitting in the seaside villa, one could truly see the bright moon rising over the sea, a sight to behold. Following the customs of her hometown, Jiang Xiaoyan set up a table outside, offering mooncakes, fruits, and yellow paper to the moon goddess.
Lu Feng moved a small stool and sat at the door, looking at the bright moon. There was a slight breeze in the air; it was a pleasant season in the south.
"Dad, the moon is so round!" Duoduo said, pointing to the moon.
"Yes, it's so round, just like it was a thousand years ago, and just like it will be a thousand years from now," Lu Feng said with great emotion. "As long as it's fifteen, it will always be so round."
Hearing this, Jiang Xiaoyan turned around and glanced at him, saying, "It's a holiday, why so much sentimentality? Are you going to recite a poem?"
"I just suddenly felt a bit sentimental. The moon was like this before, and it's still like this now that I've come. Doesn't that mean I came for nothing?" Lu Feng said, sounding rather downcast.
"What do you want to do?" Jiang Xiaoyan asked Duoduo, somewhat amused and exasperated. "Keep an eye on your dad, or he might blow up the moon tomorrow."
“Since I’m here, I can’t leave empty-handed. Even if I’m just a speck of dust blown by the wind in the long river of history, I should still bring about some change!” Lu Feng muttered to himself, pulling Duo Duo closer to him, and said, “I’ve decided to let Xiao Lingtong leave this stage.”
"A Little Smart Phone?" Duoduo asked curiously, "What's that?"
“A cell phone for the transition period. Remember this: your dad is a great man. If, many years from now, this world is no different from the world before, it means that your dad also failed in his attempt to go against the tide.” Lu Feng patted her on the back and said, “Go eat some mooncakes.”
Duoduo brought over a mooncake with filling, printed with flowers and words. The filling was five kinds of nuts, but it also had long red and green candied fruit. Things that would be looked down upon in later generations are now considered high-end goods for ordinary families.
During this period, Lu Feng has been urging the R&D department to launch DVDs as soon as possible, so as to demonstrate a new growth point to the board of directors before the end of the year. At the same time, he further confirmed the status of mobile phones as Jiafeng's core industry in the future and demanded that the first mobile phone be launched at the beginning of next year.
Previously, Liucheng said that it would go public by the middle of next year, based on the supply of overseas parts. Now that Jiafeng can't buy anything from overseas, it is naturally postponed indefinitely.
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