3dfx's compromise really surprised the industry.

For the outside world, 3dfx company has always been a very proud company.

After all, entrepreneurs, so far, three people are less than 30 years old. Not only that, the company has only been established for less than four years. It is a really young company. At the same time, it is also very successful.

In four years, the world has almost reached the peak of the industry.

This arrogance is understandable.

But also because of this, offended the whole peer.

After all, as a display chip manufacturer, it's too unkind for you to manufacture boards and compete with downstream board manufacturers. Therefore, it has been resisted by all board manufacturers in the industry. These board manufacturers have switched to NVIDIA or ATI.

They don't produce voodoo graphics cards. Let you play by yourself.

The industry is generally not optimistic about this situation. Even if you are at the peak now, the IT industry is updating too fast. It's common to fall into the altar by mistake.

As a result, who would have expected that now it suddenly announced to give up board manufacturers and focus on display chips, which really makes people admire that it is indeed a young company, flexible and flexible.

Therefore, board manufacturers such as ASUS, MSI and Gigabyte also return one after another. After all, Voodoo is just red and can make money. Who doesn't want to make money.

At the moment, Lei Jun's face was confused.

"We bought a board manufacturer?" Lei Jun was so ignorant that he couldn't.

Qin Feng smiled.

"Yes, I bought STB, an old board manufacturer. You arrange someone to accept it, and then move it to China." Qin Feng said, "by the way, the acquisition cost US $200 million. In terms of the company's capital flow, if it is insufficient, I will sign another agreement with the bank when I come back! "

Before that, he borrowed $10 billion. But it's already spent 7788.

For a CPU farm, 10 billion sounds too much. In fact, all kinds of equipment, production lines, employees, R & D and other funds are not enough.

What's more, Huaxia Longxin doesn't make money at all. In China, the manufacturing cost of Godson alone is flat and does not earn a penny. As for the millions of pieces exported, the average loss of each piece is about $5. And with the increase of international logistics costs, this loss will continue. Moreover, the export quantity of Godson is also increasing.

Add in the amazing R & D funds, 10 billion yuan, it's really not worth spending.

This is why Cyrix sold the company so cleanly. Even if there is a new technology that hasn't been taken out, it doesn't hesitate to sell it.

The reason is that the CPU factory is too expensive.

Intel's annual R & D capital is $10 billion. Otherwise, how can we maintain such a strong technical advantage. This is why Intel must sell at a high price.

R & D costs are too high.

This is why Intel hates Qin Feng's price war so much. Let them lose a lot of money out of thin air, and it is difficult to fill the vacancy of R & D funds.

Therefore, some domestic newspapers used to say that they could smash chips with 50 billion yuan, which is pure nonsense.

People's annual R & D cost is more than 50 billion!

Of course, if you have to get a chip, you can say you developed it yourself. That's really OK. However, if we want to truly independent R & D, it is impossible to develop it without a long-term investment of several years or even more.

"Well, there's not a shortage of funds." Lei Jun said.

Now the company just doesn't make money or lose money. Lei Jun also recognizes it.

Because it is related to the great cause of China. But Qin Feng brought a graphics card manufacturer here. What are you doing?

"Well, what do we do?" Lei Jun didn't understand.

Qin Feng smiled.

"Produce graphics cards." Qin Feng said with a smile, "and this time I cooperated with voodoo. In the future, we will launch the CPU with integrated display chip. But before that, we have to integrate the video memory chip into the motherboard. "

Lei Jun exclaimed at the speech.

For this integration, he is unprecedented. But just think about it, you know how big the market is.

After all, computers are expensive. For many families, buying a computer is a high consumption. Every aspect costs money.

If you can save a piece of graphics card money, it is naturally good.

In this way, the purchase cost can be reduced a lot.

After all, no matter how to say, a graphics card and a garbage graphics card now cost one or two hundred yuan. It's a big deal to lose one or two hundred yuan these days.

"Can this really be integrated?" Lei Jun asked.

"Yes, this is our only chance to overtake in the corner!" Qin Feng affirmed, "by the way, how much money is there in the company's account?"

"Well, at present, there are still 7.6 billion left on the book!" Lei Jun said.

Qin Feng calculated that he bought STB for $200 million. Now the exchange rate is about 1.6 billion. Then buy the equity of 3dfx, only 15%, which is not expensive. This is $45 million. In terms of conversion, it is about 350 million.

That adds up to 2 billion. There is still plenty of money left.

Of course, Qin Feng first borrowed 3 billion yuan to set up the CPU factory. Then, seeing that the situation was wrong, he borrowed another 7 billion yuan to make up 10 billion yuan by building u-shield with the four major banks.

Otherwise, there is a real lack of funds.

In particular, it will cost a lot of money to relocate STB.

"Well, you apply for foreign exchange and remit the money to the company's overseas account. Well, you can exchange 5 billion directly. " Qin Feng said, "I'm also going to talk to ATI about acquiring their CPU technology!"

"They also developed CPUs?" Lei Jun was surprised.

"Well, according to the internal news from voodoo, they also developed CPUs with good performance, but the cost performance was not high and the price was too high, so they gave up." Qin Feng said.

After all, for inter-bank, the risks are great, and it is often easy to attract industry resistance. ATI had to deal with Intel's cross industry, so they wanted to cross industry.

If Intel gives up, they will give up.

"By the way, Qin Feng, I have a word. I don't know if I should say it or not!" Lei Jun hesitated.

"What do you say?" Qin Feng asked curiously.

"That is, you spend money like this, but you borrow it. What if the bank doesn't borrow it? " Lei Jun said with concern.

Now his side is completely loan operation.

Although the cameras and microphones produced make money, they all make "small money", which can not fill the cost of CPU.

Qin Feng spends money recklessly, although in the long run, it should be spent. But it's scary to spend so much money.

"Alas, there's no way. Who makes us have no technical reserves! Therefore, all the money that should be spent should be spent! " Qin Feng was resolute.

Lei Jun sighed.

He always felt that if he spent money like this and the money of the bank, he would be in trouble if someone intercepted the capital chain.

At this moment, Qin Feng has arrived in Canada.