Now that it was the midsummer of 2009, Wan Feng thought it was time for Huaguang to come up with something for the world to see.

It’s time to let the world know Huaguang’s strength.

The first opponent Wan Feng chose was San Sheng.

Only by defeating the three beasts will Huaguang have the capital to fight decisively in the chip field in the future.

If you can't win the three animals, don't expect to defeat Yintel and Gao Tong.

The financial crisis of 2008 swept almost all walks of life, and the memory industry was no exception.

The price of DRAM chips avalanched from 2.25 yuan to 0.31 yuan.

But at this moment, the counter-cyclical nature of San Sheng's play came again.

Sansheng invested 118% of its total profits in 2007 into DRAM business expansion, deliberately exacerbating industry losses and giving the last straw to its rivals who were struggling to survive.

As a result, DRAM prices have been plummeting, falling below cash costs in the middle of last year and falling below material costs at the end of the year.

By this time, according to San Sheng's plan, the counter-cycle has come to an end.

Elpida, a Japanese company, also declared bankruptcy, leaving ostensibly only three memory manufacturers in the world: Sansheng, HiSilicon and Micron.

Of course it doesn't dare to destroy the magnesium. If the magnesium is also destroyed, the Americans will make them unable to eat and walk around.

San Sheng felt that he could clean up the mess and was ready to replenish his health.

Wan Feng felt that the time was almost up.

This is the best time to defeat the three animals. Isn't your counter-cyclical coming to an end? You have also thrown away tens of billions of dollars.

I'll help you extend it for another half a year. If it doesn't work, you can extend it for a year. Let you throw out tens of billions of dollars to see how much you have.

Therefore, Huaguang first launched the 100nm 1GB DDR2 memory, stabbing San Sheng with a fatal blow.

The reason why Sansheng did not release 100nm 1GB DDR2 memory this year is because it wanted to wait until this cycle passed, and other manufacturers had collapsed so that it could recoup the investment losses during this period.

But what it didn't expect was that Huaguang Electronics, which had made little progress in memory in recent years, suddenly appeared and cut off its backhand with a single blow.

This back arm was broken, and San Sheng's plan to rely on it to restore health in a short period of time was completely shattered.

This is just the beginning. Half a month after the launch of 100nm 1GB DDR2 memory in China, its price dropped by 30 yuan again, to 69 yuan.

At the same time, some flash memories that already existed on the market were also released by Huaguang one after another, and the price was once again cut in half from the bargain price.

Haven’t DRAM chips already reached 0.31 yuan? Let’s see what the consequences will be if it drops by half.

In mid-August 2009, due to Huaguang's sudden move, the price of DRAM chips dropped from 0.31 yuan to 0.29 yuan.

Micron, the world's third-largest memory manufacturer, was already struggling. The United States itself was in a financial turmoil, and it had nowhere to raise funds. After struggling to cope with the situation until late August, Micron declared bankruptcy.

So now there are three memory players in Shanghai: Sansheng Haishi and Huaguang.

When the price of DRAM chips dropped to 0.27 yuan in September, the company's capital chain was in a tight situation.

By mid-September, Oceanus finally couldn't withstand this declining situation and declared bankruptcy.

Several memory companies invested by Oceanus in China have begun to be sold.

Sansheng was too busy to take care of himself at this time, so he still had the energy to acquire these assets. These assets were packaged and acquired by an unknown company in China with a capital of 2 billion yuan.

In this way, there are only two players left in the market: Sansheng and Huaguang.

Sansheng thought the market was about to pick up this time, but they were surprised to find that the market for pellets and products was still falling.

San Sheng understands, Hua Guang is going to fight it to the death.

At this time, technology is no longer important, it all depends on whose strength it is.

In October, the decisive battle between the two sides began.

Wan Feng prepared 20 billion yuan in funds to fight the three animals.

If it's not enough, he still has 20 billion yuan in working capital, and finally 10 billion yuan in final funds.

This is all his assets now.

If these funds still can't defeat San Sheng, then he will have to ask for help.

Behind Sansheng there is also the support of the Han Kingdom, as well as the support of some Western capitals. This is destined to be an extremely difficult war, but Wan Feng still feels that he has the possibility of winning.

Financial people from Nanwan Group have been keeping an eye on San Sheng's industry in recent years, and preliminary estimates suggest that San Sheng's available funds are only around 20 billion yuan.

In the early stages of this counter-cyclical campaign, it has spent at least 5 billion yuan in funds.

Since Huaguang entered the market, Sansheng has spent tens of billions of funds.

In this way, all the available funds in San Sheng's hands should not exceed 5 billion.

At this time, the first batch of 20 billion yuan of funds used by Huaguang has only consumed 7 billion, and he still has 13 billion in funds.

Sansheng still gritted his teeth and persisted. When the funds were exhausted, the Han government took action.

Of course, the Han government and the capital behind Sansheng would not let Sansheng collapse, so they secretly acquired it.

The two sides were still at odds until December.

At this time, Huaguang's first batch of 20 billion yuan of funds had also been exhausted, and its working capital had been used.

Tens of billions of working capital have also been consumed, and the two sides are still in a stalemate.

If this pattern continues, both sides will suffer losses.

This is a war without a draw, and a winner must be determined.

On December 12th, Huaguang suddenly made a big move.

Huaguang held a press conference. Wang Wencheng, general manager of Huaguang Storage, announced at the press conference: Huaguang has successfully developed the world's first 60-nanometer 1GB DDR2 memory and will launch it in February next year.

It was also announced that Huaguang Memory is expected to launch 40nm 2GB DDR3 memory next fall.

As soon as this news came out, the stock price of Sansheng, which had been popular for a long time, plummeted...

Sansheng started developing nanometer-level DDR2 memory just a year ago, and it is not expected to succeed until next year.

But now Huaguang is not only preparing to launch DDR2 at the annual meeting, but will even launch DDR3 next fall. Sansheng knows that he has no chance anymore.

Sansheng, sensing that the situation was over, announced on December 25 that it would stop memory production.

When the news came, Wan Feng breathed a sigh of relief.

This battle was too hard.

Over a period of half a year, nearly 40 billion yuan of funds was used.

Wan Feng is already ready to ask for help from the country.

Fortunately, I finally got it.

If Huaguang were a listed company now, it would probably be able to hit the daily limit for countless times in a row.

By mid-January 2010, the memory market products began to pick up after the smoke cleared, and the price of pellets also rose to a range that could maintain costs.

Only then did Wan Feng finally breathe a sigh of relief.
Chapter completed!