Chapter 494 Don't Apply Formulas Randomly (Bug Fix): Please Don't Make Things More Difficult
Ivanov realized the president had abandoned him, so he quickly sprang into action.
What are you thinking? He's acting like nothing happened at all.
Wait a minute, his not wanting to be president is a different matter from whether people think he's a good candidate for the next president!
He doesn't want the position, but people assume he will, so they'll buy his shares in advance. Even if he doesn't become a troublemaker, he should at least cooperate actively in daily work to avoid leaving a bad impression on the future boss.
It's true, anyone who has worked in the workplace knows that whether your work contact person is cooperative or not has a huge impact on the completion and quality of the work.
Now that the president has subtly hinted that he's no longer a candidate for leadership, isn't Ivan nervous? Isn't he afraid that others will find other investors and shirk their responsibilities in the work he's been given?
He wasn't nervous; he wasn't afraid at all.
Because while he was eating his oatmeal, he thought for a while and realized that he shouldn't overestimate the political acumen of his colleagues.
Honestly, to use internet parlance, Russian politics is just a meeting of a bunch of idiots. The young ones are all emotionally charged, while the older ones seem like they're cunning but can't quite figure things out.
He thought to himself that after being influenced by Wang for so long, he had never realized that the president had given up on grooming him as his political successor.
So, his clever colleagues probably wouldn't have figured it out either.
After all, even Berezovsky, who claimed to know the Kremlin president's thoughts best, was busy trying to figure out what the president was thinking every day, but in fact, he rarely guessed correctly.
Besides, the president is just making some underhanded moves, at most making him feel disgusted.
More likely, the president wouldn't be foolish enough to take action at this point.
Although the White House is headed by Prime Minister Chernomerno, there is a tacit understanding among all that Russia's current economic reforms are centered around Ivanov.
Given the president's past record, especially in the economic sphere, which has been utterly disastrous.
If he wanted to end his term gracefully in the new millennium, he wouldn't have gone mad and caused trouble at this time, ruining the hard-won stability of the Russian economy.
Thinking of this, Ivanov couldn't help but laugh: "Oh, so I can enjoy the same treatment as the top salesperson."
As someone who used to be a boss, he understood this feeling all too well. Even if he didn't like his capable subordinates, he would just have to swallow his pride and bear with it.
If you don't like him, you don't like him. He's not going to live with him anyway.
His words were so nonsensical that even Nikolai and others who were always by his side didn't immediately grasp his meaning.
Wang Xiao smoothly picked up the conversation: "That's right, I reckon he'll try to win you over again later."
This is a typical way of managing subordinates: give them a beating and then give them a treat.
Ivan laughed even harder and nodded repeatedly: "That's right, he knows I might not be able to tell, but you definitely will."
Even the president is afraid.
In Moscow, Wang was known for being vengeful and not to be trifled with, and she was also extremely protective of her own.
Unfortunately, the president couldn't bring himself to harm her because Wang had always been exceptionally friendly to Tyachenko, and had always stepped in to help her in crucial moments.
The president has only two daughters, and the only one he can place even a little political hope in is his youngest daughter, Kiachenko.
Wang's overtures suggest that she may still become an ally of the president and his family in the future.
Why would the president risk offending a powerful and benevolent ally? What's in it for him? Does he think he's having it too easy?
Sure enough, just one day later, the president gave a televised address, praising the current government team and emphasizing the new vitality that the "new generation of young people" brought to politics. He said they "don't lie, don't accept bribes, and don't deceive people." They used the time others spent boasting on their own to work. They are people who get things done and don't have the bad habits of the old bureaucrats.
He also specifically praised Ivanov, saying he was a "popular person" and that everyone was happy to work with him.
But Ivan, despite being praised, didn't feel flattered.
She was lying next to Wang Xiao, applying a face mask while crickets chirped about her boss: "He's just guilty!"
A person who only knows how to manipulate power will always be suspicious and will never be able to do anything worthwhile.
Seeing that it was almost time, Wang Xiao instructed her to remove the face mask and casually replied, "Everyone has their own expertise. The more specialized a person is, the more likely they are to be in a high position."
That is a sad fact.
Ivan followed her, massaging her face in circular motions with his fingertips, hoping her skin could absorb more of the essence.
Is it useful? I don't know, it's mainly a matter of attitude.
He's already a 35-year-old man; if he doesn't take better care of himself, it's really dangerous.
Wang Xiao pulled him to wash his face, then applied Vitamin E cream, and leaned in to smell it with satisfaction: "Very good, smells good, very handsome."
Ivan smiled contentedly again, picked her up, and lay down on the bed, rolling around a couple of times.
Just as the atmosphere was getting right, the phone rang in the room.
Ivan's face fell instantly.
Who? Who is so inconsiderate as to act as a third wheel even over a phone line?
Wang Xiao smiled and kissed him twice, patted his neck reassuringly, and then reached for the phone.
The clueless third wheel is named Chen Jingjing.
She breathlessly reported to her sister, "I'm back from Belgium. They arrived, and everything went smoothly."
It's her final semester, and Chen Jingjing is focusing all her efforts on preparing for her graduation project. She recently returned to the UK from Japan.
But that doesn’t mean she can spend her final semester of college as a student in its entirety.
On her way back to London from Belgium, she also read through her emails and then reported her thoughts.
“Japan’s otaku culture is indeed very popular. They are active internet users and have a high acceptance of online shopping. I think E-no-Yu can start from this aspect in its online sales in Japan.”
"For the first product launched on the platform, I plan to focus on otaku culture. Otaku don't interact with people in real life, but they are very active online, which is a typical image of Japanese netizens."
Ivanov couldn't understand what Chen Jingjing was saying on the phone, but he heard her babbling on for a full ten minutes—good heavens, the clock was still ticking, and he felt like each day was an eternity.
With great difficulty, Wang smiled and said something to her before finally hanging up the phone.
When Wang Xiao turned around again, she found that Ivan had already slumped his head against the pillow, looking dejected. He looked up at her, appearing very sad, with a hint of grievance and stubbornness: "I'm sure I can learn Chinese very quickly."
Wang Xiao couldn't help but laugh and leaned over to kiss him: "Okay, even if you can't learn it, I'll tell you. Jingjing recruited three classmates to form a design team."
Since the website's main buyers are concentrated in Europe and America, the design aesthetics must be tailored to that region.
As soon as he said that, Ivan got angry again: "Look at her, even as a student, she has to find ways to squeeze in work whenever she can. Unlike some people in the Kremlin, who can't even be a monk for a day without doing their job properly."
Wang Xiao patted his chest reassuringly and smiled, "Not interfering is also a form of management, the highest level of management, governing by doing nothing."
Ivan snorted heavily through his nostrils: "He just doesn't want to take any responsibility, it's convenient for him to pass the buck anytime."
Russia's previous economic reforms have already seen several changes in deputy prime ministers, and the entire government leadership has been subjected to severe criticism.
Although the president managed to retain his position by promptly scapegoating someone, it left him with a psychological scar, making him hesitant to actively participate in economic reforms and effectively becoming a hands-off manager.
Wang Xiao laughed and joked, "Isn't this great? It's already better than most leaders in the world. There are plenty of leaders who don't know anything, yet they still point fingers and act willfully. In the end, they make a mess of things and can't clean it up, so they try to shift the blame faster than a dog."
Ivan snorted heavily again: "It's just a collective competition to see who's the worst!"
Wang Xiao smiled without saying a word. That's why people say the world is a huge makeshift organization, especially at the top.
"Okay, don't get angry over trivial people." She kissed him. "Let's go to sleep."
Then Ivan remembered that he should have asked, "How are the engineers adapting to life in Belgium?"
Good heavens, he can't help but compare again.
Look, Chen Jingjing is just a college student.
Wang arranged for her to join the team to participate in the acquisition of a European semiconductor company, which ultimately failed—this is perfectly normal, as acquisitions are major events for any company. Any changes or unexpected events along the way, even at the very last moment, could potentially bring everything down.
She didn't give up after her initial failure. Instead, she learned through her classmates that there was a university in Belgium called KU Leuven, whose inter-university microelectronics research and development center was renowned and was known as one of the "3Is" in the global semiconductor field, along with Intel and IBM in the United States.
Unlike the latter two, IMEC is a non-profit organization and is open to the public.
It opens up projects to external collaboration, sharing costs and risks, and ultimately sharing research results and intellectual property rights.
Its partners range from industry giants like Intel to innovative small companies like ASML. It doesn't care about the capital background of its partners or where they come from.
Most importantly, IMEC connects both ends: academia, IMEC, and chip manufacturers.
Simply put, the academic community is doing pilot projects, responsible for exploring the most cutting-edge device theories, new materials, and new principles.
IMEC is responsible for pilot testing.
Because it has advanced 8-inch and 12-inch R&D production lines, it can verify, integrate and develop process modules of promising ideas from academia on a pilot line that is close to actual production, turning papers into a set of feasible technical solutions that can be evaluated.
Once this solution is successful, the factory can engineer and mass-produce the technical solution obtained from the cooperation with IMEC, which has not yet been tested in large-scale production, on its own commercial large-scale production line.
Once the final issues such as yield, cost, stability, and production efficiency are resolved, the products coming off the production line can be sold to customers as mature commodities.
IMEC is crucial in this process.
Chen Jingjing's intuition told her that this was the bridge her sister wanted.
So she contacted members of the acquisition team and led them to conduct an on-site inspection, and the two sides reached a preliminary agreement.
I'll ask the boss for the money later.
Upon hearing about this great opportunity, Wang Xiao immediately spent $10 million to sign a contract with IMEC to jointly develop 0.18-micron and 0.13-micron process technologies.
Yes, yes, prior to this, they acquired 0.25-micron process technology by acquiring LG Electronics' chip business.
By 1998, it had become the international mainstream, with even Japanese semiconductor giant Toshiba using a 0.25-micron process.
This is something Huahong would be drooling over—you know, for Project 909, Huaxia used the government-monopolized social security and public transportation IC cards as bargaining chips to persuade NEC to agree to cooperate and transfer the 0.35-micron process technology in 1997.
Hua Hong has no idea when it will be able to obtain the 0.25-micron technology.
Yes, yes, special-purpose chips are different from consumer electronics chips; the former places greater emphasis on stability.
For example, if your phone or computer crashes, you can simply restart it, and they will be depreciated within five or six years at most.
But a car crash can be fatal, and for at least the next ten years, the chips used in cars need to be extremely stable.
This means that special chips for niche markets do not pursue the most cutting-edge manufacturing processes.
Wait a minute, if that's the case, why is she in such a hurry to cooperate with IMEC? She could have easily handled things at her own pace, or even just wait for another company to transfer the mature 0.18-micron process technology to her.
After all, 10 million US dollars was a huge sum in 1998.
The simplest way is to take $10 million and buy a piece of land in Beijing, or directly buy gold. In 20 years, it will appreciate at least five or ten times in value.
Even if Wang Xiao has a lot of money, he shouldn't be wasting it. If he gave bonuses to the employees, at least he could get a thank you.
Moreover, even if the project progresses smoothly and a complete, feasible, and fully-equipped benchmark process is formed after investing $10 million, it does not mean that it will be successful immediately once it is put on the factory production line.
Why? Because from the preliminary rounds to the final exams, there are still countless hurdles to overcome.
First, the factory must consider the fact that IMEC's equipment models and configurations cannot be completely identical to their own.
Secondly, you must establish and validate the entire materials supply chain suitable for the new process.
In addition, the third point, which is also recognized as the most difficult and frustrating, is that improving the yield of pilot production to the high yield required for commercial mass production is an extremely arduous engineering optimization process.
Many chip manufacturers fail before they can even start making a profit because they can't solve the yield problem.
The key to its survival lies in meeting the cost and production cycle requirements of large-scale production.
Well, to be fair, from the perspective of these cutting-edge companies, they are indeed unwilling to transfer their mature technologies unless they completely exhaust their production lines and extract every last bit of value from them.
This is not a matter of considering the issue from a purely political perspective, but rather from the perspective of the company's interests.
The company has invested so much upfront, expending a significant amount of manpower, resources, and time. People only see its mature production line and don't consider the enormous costs incurred by the numerous failures along the way.
If it were Wang Xiao, she wouldn't be willing to easily transfer her technology either. In this industry, everyone needs to maintain their technological advancement to ensure their industry standing.
So how could she dare to indulge in wishful thinking and wait for someone else to agree to transfer the shares?
It's important to understand that the stability of automotive and industrial-grade chips doesn't stem from using outdated technologies, but rather from achieving this through rigorous design, manufacturing, and testing based on mature and advanced processes.
The 0.25-micron process was the international advanced mainstream in 1998.
But what about three to five years from now? When 0.18 micrometers becomes a new mature process, its cost, power consumption, and performance will be superior to 0.25 micrometers in every aspect.
If Wuzhou Semiconductor remains at 0.25 micrometers by then, its products will completely lose competitiveness in terms of cost and performance.
Moreover, semiconductor process development is highly continuous. The change from 0.25 micrometers to 0.13 micrometers is not a simple numerical change.
It involves a series of entirely new technological challenges.
Dan Wangxiao knew about copper interconnects, low-k dielectrics, and so on.
Don't ask what these terms mean. She did read the relevant definitions, but she couldn't understand them, so of course she forgot them as soon as she read them.
But that's alright. Those in positions of authority should fulfill their responsibilities; this is something that technicians and engineers should consider.
As the boss, she doesn't need to overstep her bounds. All she needs to know is that cooperating with IMEC is equivalent to directly accessing the world's top R&D pipeline, enabling her to systematically master the complete set of knowledge and patents related to process miniaturization, and avoid falling behind when upgrading technology in the future.
That's fine.
Wuzhou Semiconductor needs such cooperation to develop its own specialty processes based on these advanced process platforms, in order to lock in a cost advantage for the next decade.
To put it more deeply, this is also an entry ticket—an entry ticket to integrate into the global technology ecosystem.
IMEC is one of the nerve centers of global semiconductor technology. Becoming its partner, even the most inconspicuous one, means that Wuzhou can obtain the latest R&D information in sync with industry giants such as ASML, Applied Materials, and TSMC, and will also have the opportunity to jointly define future technology standards in the future.
Furthermore, IMEC is considered a sacred place by countless people in the industry.
The opportunity to participate in IMEC's cutting-edge projects is highly attractive to top semiconductor physicists and process engineers worldwide.
Ultimately, the development of any industry boils down to the issue of people.
A $10 million partnership agreement can create a priceless, world-class talent development and recruitment platform.
This deal was incredibly profitable.
As a result, Chen Jingjing passed Wang Xiao's assessment, and the latter arranged for her to go to Japan to take over the management of Inoyu.
After signing the contract last year, Wang Xiao talked to Ivan about this.
Therefore, Ivan knew that the project at IMEC was important because it meant that after completing the current integration—absorbing the 0.25-micron process—there was a clear, independent, and low-cost path for technological evolution.
Then Ivan became anxious again, looking at her nervously: "You're not going to go to Belgium to visit them, are you?"
The more he thought about it, the more he felt that Wang Xiao might do that.
These engineers only flew back to China from Belgium on the 29th day of the twelfth lunar month, and then set off for Belgium again on the third day of the first lunar month.
Ahem, capitalists and landlords are very similar in some ways; they are both ruthless and inhumane.
Will Wang go to Belgium to encourage these engineers who are having a hard time even during the Lunar New Year?
Those who were asked questions all had to learn from Benboerba and say, "Me?"
Are you kidding me? You thought she was going to Belgium? What kind of filter were you wearing?
She, Boss Wang, is neither a highly respected figure nor a national leader. It's impossible for her to visit an engineer and suddenly give him a shot of adrenaline.
In this world, normal working people only welcome the increase in the balance on their paycheck, not the boss. Why would she travel thousands of miles to be disliked?
As for inspecting the work progress? Heh, don't overestimate her. She wouldn't understand, really wouldn't understand.
Let the professionals do what they're good at; she should just focus on making money.
But even though that's what I think in my heart, I absolutely can't say it out loud.
Wang Xiao was always quick with sweet talk. She hugged Ivanov and laughed, "No, no, Belgium is more important than you. You are the most important. I'm not going anywhere."
Haha, it's clearly something you're considering from your own perspective. But to put it another way, isn't it just thinking about the other person's feelings?
No one in the world truly doesn't fall for this; everyone wants to be valued.
Ivanov was overjoyed; he knew he was the most important person.
He spent a wonderful week in this way, full of joy.
It really was only one week.
Wang Xiao flew to Beijing on the seventh day of the Lunar New Year.
This is absolutely heartbreaking.
The festive atmosphere of the Lunar New Year in 1999 was still very strong. Although the statutory holidays arranged by the state were only three days, namely the first, second and third days of the Lunar New Year, most workers would not really get back to work until after the Lantern Festival on the fifteenth day of the first lunar month.
So tell me, isn't it a bit much to send someone on a business trip on the seventh day of the first lunar month?
But there's no other way, because optimizing any solution takes time, and all the issues that need to be considered must be clearly understood before it can be implemented.
The plan to absorb excess capacity through e-commerce, or more simply, international online shopping, is highly valued and personally overseen by the Premier.
It's easy to imagine that the staff of the relevant ministries were even more unfortunate than Wang Xiao. They were likely busy starting from the first day of the Lunar New Year in order to produce a draft and begin discussions on the seventh day of the Lunar New Year.
Wang Xiao first shed a tear of sympathy for these cadres from central ministries, and then he could wipe away his tears.
What else can we do? Aren't we all just unlucky souls who were forced into this job?
While waiting for the top leader to take his seat, Zhou Liang, who had also rushed over, seized the opportunity to express his concerns to the boss: "Why does the website need to develop its own payment system? Online payment is not simply a technical issue."
He discussed this with Mr. Zhang, the head of my online marketplace. Technically speaking, the payment tools aren't complicated, and Mr. Zhang is confident in their security. This is because they possess genuine Soviet cryptographic technology—a truly advanced and sophisticated technology.
But the real challenge with payment instruments lies in the fact that they require negotiating with countless banks, establishing credit relationships, and obtaining approval from financial regulators in various countries.
Because my website focuses on international online shopping.
These are tasks that no e-commerce platform can accomplish in a short period of time.
Zhou Liang felt he had to remind his boss that successful people who have always had smooth sailing tend to have the illusion that any idea they have can be successfully implemented.
But that's obviously impossible.
Looking at Zhou Liang's anxious face, Wang Xiao waved his hand and laughed, "No, no, no, you've misunderstood. What I'm making isn't the kind of payment tool you're thinking of."
She's not that crazy.
Before she traveled through time, Taobao's journey to creating Alipay was incredibly arduous.
She doesn't have time, at least not now, to waste time on this matter.
"What I want to do is not a payment tool, but a payment solution and a trust intermediary. The core model is to build an e-commerce transaction escrow system to solve the trust problem in cross-border transactions."
Wang Xiao drew it out directly on paper for them: "After the buyer places an order on the website, the payment is made to our bank accounts registered in Cape Town, Moscow, Bucharest, Tokyo and other places through credit cards, bank transfers and other means."
She drew a → to indicate the next step: "After completing this step, the platform marks the order status as 'Payment in Escrow, Awaiting Shipment.' The warehouse receives this status and ships the goods immediately. The website then releases payment to the seller after the buyer confirms receipt."
She put her hands together and gestured softly, "We are that bridge. Buyers and sellers don't need to trust each other. As long as both parties trust our website, that's enough."
Mr. Zhang suddenly realized: "Then it's still our Wuzhou website."
The internal website of Wuzhou currently operating in China is actually a mutual trust mechanism between several trade cities, and transactions are also conducted between them.
Wang Xiao smiled and nodded: "That's a fair way to understand it. So, Mr. Zhang, Manager Zhou, you need to get moving immediately. This internal transaction escrow is the core selling point and unique advantage of our platform in solving cross-border trust issues. Websites like eBay and Amazon originated in the United States, so they think from the perspective of Americans and American netizens, rather than having a truly global perspective."
Zhou Liang almost groaned; his intuition told him that if the website issued this announcement, the stock price would rise even further.
After Womai.com announced that it would build an exclusive global logistics network and share it with other e-commerce platforms to comprehensively improve the online shopping experience, Womai.com's stock price surged again.
The price increase scared him.
Now that the boss is talking about globalization again and has come up with practical solutions, how can this not provoke the crazy stock market investors?
"You need to assemble an online payment technology team as quickly as possible, whether you buy one or build it yourself, the speed is crucial. You need to develop a software system that can efficiently manage this internally hosted ledger, and develop a data interface to connect with bank accounts to better verify payments."
After giving two instructions, Wang Xiao delegated authority, saying, "You can figure out the rest yourselves."
She specifically instructed Zhou Liang, "Your next key task is the website's payment system. In addition to vigorously promoting the internal hosting system, the website must integrate all possible external payment methods, including direct credit card payments."
She reminded her subordinates, "This matter is extremely important. If the money issue isn't resolved, online shopping won't survive. And you, Manager Yang—"
Yang Tao quickly perked up her ears, ready to listen to the boss's instructions.
Unfortunately, just as Wang Xiao called out the name, the big boss arrived—Premier Hong finally rushed over from the previous meeting.
The room immediately fell silent, and everyone quickly sat up straight.
Wang Xiao could only gesture to Yang Tao, indicating that they would talk about it later.
With the top boss in place, the meeting naturally had to begin.
Colleagues from the International E-commerce Center began reporting on their work plan, outlining how to promote online shopping to help many state-owned enterprises overcome the predicament of overcapacity and sluggish sales.
Wang Xiao first leaned forward slightly, listening intently with both ears.
Later on, she couldn't help but roll her eyes inwardly.
Localization is really popular. It's one thing to do localization technically.
How can you translate management concepts so simply? Don't you use your brains? Do you just apply formulas directly?
Why don't you look at the objective conditions?
Is the e-commerce environment in the United States the same as that in China?
What is the average computer ownership rate in the United States? How many internet users are there? What percentage of Americans are internet users?
What about China? In this respect, it's not even on the same level as the United States.
How can you just apply it directly?
Because the United States has a large enough number of internet users, the website's goal is to cultivate as many sellers as possible. This way, with more and more diverse products sold on the platform, more buyers can be attracted to join.
This works perfectly fine in the US environment; it's a very smart business strategy.
But in China, given the current problem they want to solve—overcapacity and sluggish sales of light industrial products—this strategy is simply insane.
Completely ignoring the principal contradiction.
When factories are on the verge of bankruptcy, unable to pay wages, and workers are about to be laid off, you bring these factory managers to Beijing to conduct some kind of online e-commerce training, trying to turn them into sellers like those on eBay and Amazon.
How long do you plan to train?
The managers of these factories neither know how to operate computers nor speak English. How can you achieve your training goals?
Is this training?
To anyone else, this is a disguised form of using public funds for tourism.
The layoffs have already created a climate of fear and tension, and the antagonism between social classes has reached its peak. You're adding fuel to the fire at this time; you're just afraid something bad will happen.
Wang Xiao slowly inhaled and exhaled, constantly reminding himself: Don't get angry, don't get angry. These idiots who don't use their brains are not my subordinates, they don't take my salary, they're not worth getting angry over.
Then she thought again that civil servants' income was still less than taxpayers' taxes and national fiscal revenue, and she got angry again.
After much waiting, the comrades from the International E-commerce Center finally finished translating it. Yes, this plan was just a translation; it didn't contain any original thought whatsoever.
Premier Hong glanced at Wang Xiao and addressed her directly: "President Wang, what are your thoughts on this proposal?"
Wang Xiao was cursing inwardly, but maintained a smile on his face: "The comrades in the business center have worked hard, taking on so much work for themselves. But you are all working too hard, and we feel bad if we have to do so many things for you."
Prime Minister Hong thought to himself, "As expected, they don't think much of the business center proposal."
In plain terms, this means, "You guys should take a break and stop making things worse by creating a mess."
He nodded directly: "Indeed, what tasks do you plan to take over for the business center in this area?"
“There’s no need to rush the training for the various manufacturers.” Wang Xiao maintained his smile. “Now is a critical period for enterprise reform. These factories are already busy and can’t be in two places at once. It’s better to let them focus on their work for the time being and do a good job in production. We will take care of the sales. We will directly liaise with the factories and handle the centralized procurement, quality control, initial distribution, and mailing of goods.”
The people at the business center are quite motivated: "But if we do this, the manufacturers still can't walk on their own. We have to cultivate their ability so that they can find their own way in the future."
Wang Xiao smiled and said, "You can continue this work steadily, but we can't wait until the rice is cooked. To do international online trade, sales staff must be fluent in English, proficient in computer technology, and most importantly, they must know how to sell things."
Leaving aside the first two points, let's focus on the third point: if these factories were skilled at sales, they wouldn't be on their last legs now.
A common problem with state-owned enterprises operating under a planned economy model is a lack of sales capabilities.
Otherwise, there would be no need for e-commerce at all. Shopping malls are just as bustling now, so why haven't they been able to sell their products there?
In fact, the government has provided them with support before. Back then, local governments would place these factories in the areas with the highest foot traffic so that they could sell directly to the public.
And the result? It was all for nothing. They couldn't outsell the individual vendors in the market.
Oh, they're not good at offline sales, but they'll be good at online? Is there really such a thing as a free lunch? What a pipe dream!
Wake up! Open your eyes and see the world.
Wang Xiao mentally grumbled, but outwardly remained calm: "So let's have professionals do what they're good at. The factory is responsible for production, and the website is responsible for sales. After all, an online sales platform is essentially a sales venue, no different from a shopping mall in essence."
Please, stop making things worse. We just need policy support; we don't need your interference or instructions on how to do our work.
People tend to get arrogant when they have a little power, thinking they know everything.
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[Starry eyes] Good morning! The first domestic semiconductor company to cooperate with IMEC was Huahong. In April 2000, Huahong invested US$12 million with IMEC to jointly develop 0.18-micron and 0.13-micron processes. Later, the two parties also cooperated on 90-nanometer processes.
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