Steal the enemy's base at the start and build a technological empire.

Chapter 374 Recommendations for the Electronics Industry

Minister Sun listened to Ling Yun's explanation without saying a word. He looked at Ling Yun, thought for a while, and then said, "These things you've been talking about, you didn't just come up with them in the last day or two, did you?"

Ling Yun said, "I've thought about these things for a long time. During those years in the United States, I thought about how to break out of this predicament every day. Making some money in the United States is nothing special. If you want to do something in a core industry and touch other people's pie, you'll only be the one getting robbed. After I came back, I also pondered this. Our company also held meetings to discuss the company's future development strategy. We kept discussing and studying the national policies in various directions, and gradually we came up with this relatively complete strategic plan."

Minister Sun nodded, picked up the materials on the coffee table, flipped through them, looked at Ling Jun, and said, "Old Ling, your nephew is no ordinary man. At such a young age, he can see through the true nature of America. Even after his industries were robbed, he can still calmly analyze the reasons. Many people can't learn this composure in their entire lives."

Ling Yun smiled and said, "That's the only way I can comfort myself. I guess it won't be long before Xingyu can't stay in America either."

Minister Sun asked in surprise, "Why would Xingyu also be unable to stay? Is this software that important?"

"It's not that important, but this software will have an impact on public opinion, and we may be required to cooperate with the US government in monitoring other people's speech." Ling Yun didn't say much more; these two points were enough. The US wouldn't let this software go.

"What we've discussed today is all strategic and directional. As someone working on the front lines of the electronics industry, what are some good ways to implement these policies in terms of specific operations?" Minister Sun asked a rather tricky question: how to implement and carry out these policies effectively. This is not a question that is easy to answer.

Ling Yun pondered for a moment, "Using consumer electronics, automotive electronics, and the communications industry as our base, and with the aim of open collaboration and independent control, we should establish a joint mechanism combining major national projects with market-oriented themes. For industrial policies to be implemented, we need to ensure that related companies and individuals can make money. The consumer electronics market, the automotive electronics market, and the communications industry will all be markets worth trillions or even tens of trillions of yuan. Such a large market requires a significant investment in research and development. Later, the market can generate continuous revenue, but the initial investment is still substantial."

"To solve the funding problem, I've come up with two solutions: listing on the stock market and using the National Integrated Circuit Industry Investment Fund (Big Fund). The core enterprise can list and raise funds, with the Big Fund acting as a strategic investor, holding its shares firmly and stabilizing the stock price. This allows the company to obtain funding at no cost. Judging from the current US stock market, this method has proven quite effective, producing immediate results."

"To address the talent shortage, I've considered several approaches. For research institutes and universities engaged in basic theoretical research, we can increase national investment. For those focusing on market applications, we should loosen regulations and let them find their own niche in the market. Market competition will significantly reduce the talent gap. Universities should expand enrollment in related majors, establish integrated circuit colleges to train a large number of professionals, and vocational schools should train a large number of skilled workers. We should also formulate a semiconductor plan to attract foreign semiconductor experts, providing them with policy support and funding."

"The market product issue mainly concerns end-user products. Focusing on this can drive a large number of upstream industries. These include home appliances, mobile communication equipment, and automobiles. Home appliances, needless to say, require a large number of electronic components, and the chips they need are low-end chips with relatively simple manufacturing processes. Private enterprises are fully capable of filling this market, as they can produce low-end semiconductor equipment and core materials. However, for high-end chips such as those used in mobile devices and automobiles, the government needs to take the lead, including high-end lithography machines, EDA, and high-purity silicon wafers. There is indeed a lot to be done in areas such as memory, baseband, radio frequency, automotive-grade MCUs, IGBTs, and power management chips."

The three of them talked more and more, and their thoughts flowed freely. Before they knew it, the lights in the room had come on, and the food Auntie had prepared was already on the table. They ate and talked for another two hours.

Minister Sun stood up, walked over to Ling Yun, and shook hands with him. "We had a very good chat today. Your ideas were very inspiring. I'll think about them some more when I get back. There's one more thing I'd like to ask for your help with."

Lingyun said, "Please go ahead."

Minister Sun said, "Please write a report for me. Avoid official jargon and platitudes; just speak from the perspective of a company and share your views on the future development of the electronics industry. Include the three things you mentioned that you want to focus on for breakthroughs, the five categories of policies you mentioned that you want to formulate for different sectors, and the three turning points you mentioned that you want to seize. Also include your suggestions for national industrial policies. Once it's finished, I'll take it back to the leaders to review."

Ling Yun thought for a moment and said, "Okay, when do you need it?"

Minister Sun said, "No rush, take your time writing. Write thoroughly; slow and steady wins the race. Is a month enough?"

Ling Yun said, "That's enough. I'll also add the inspiration I got from chatting with the minister today, so that the scope and purpose are even higher."

Minister Sun nodded, picked up his briefcase from the coffee table, stuffed the document inside, and zipped it up. He walked to the door, and Ling Jun followed him to open it. Minister Sun changed his shoes, glanced back at Ling Yun, and said, "Young man, do a good job. The country needs people like you, capable and competent."

The door opened, and he went out. Ling Jun saw him to the stairwell, saying a few words that were unintelligible. After a while, Ling Jun returned and closed the door. He walked to the sofa, sat down, picked up his teacup, and took a sip. He looked at Ling Yun and said, "What you said today, was that what you really thought?"

Ling Yun said, "Yes, I've been thinking about this strategy for a long time, and I never expected to have the opportunity to offer my advice to the policy-making department."

Ling Jun nodded and said, "Then write it well, write it out, and let the higher-ups see it. In the electronics industry, there aren't many people who understand the technology, not many who understand the industry, and even fewer who understand both. They will listen to what you say, especially since many of your points are based on your actual work experiences."

Ling Yun stood up and said, "Uncle, I'll go back now. I still need to prepare that report."

Ling Jun nodded and said, "Go ahead. Drive carefully."